Shell Cash Flow Statement
NYSE: SHELEnergyOil & Gas ProductionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Shell free cash flow
In fiscal 2025, Shell generated $42.86 billion of operating cash flow. That left free cash flow of $42.86 billion, a free-cash-flow margin of 16.1% of revenue. Free cash flow was down 21.6% from the prior year's $54.69 billion.
Shell returned $13.88 billion to shareholders through share repurchases, equal to 32% of free cash flow.
Summary generated from market data by MetaCap's automated system. Methodology
Shell cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 18.12B | 16.52B | 19.64B | 42.87B | 20.63B | -21.53B | 16.43B | 23.91B | 13.44B | 4.78B |
| Net Income growth (YoY) | +9.67% | -15.86% | -54.20% | +107.82% | — | -231.05% | -31.26% | +77.94% | +181.24% | +117.14% |
| Depreciation & Amortization | 25.30B | 26.87B | 31.29B | 18.53B | 26.92B | 52.44B | 28.70B | 22.14B | 26.22B | 24.99B |
| Operating Cash Flow | 42.86B | 54.69B | 54.19B | 68.41B | 45.10B | 34.10B | 42.18B | 53.09B | 35.65B | 20.61B |
| Investing Cash Flow | -16.81B | -15.15B | -17.73B | -22.45B | -4.76B | -13.28B | -15.78B | -13.66B | -8.03B | -30.96B |
| Share Repurchases | -13.88B | -13.90B | -14.62B | -18.44B | -2.89B | -1.70B | -10.19B | -3.95B | — | — |
| Debt Issued | 2.92B | 363.00M | 1.03B | 269.00M | 1.79B | 23.03B | 11.19B | 3.98B | 760.00M | 18.14B |
| Debt Repaid | -11.81B | -9.67B | -10.65B | -8.46B | -21.53B | -17.39B | -14.29B | -11.91B | -11.72B | -6.71B |
| Financing Cash Flow | -35.81B | -38.44B | -38.23B | -41.95B | -34.66B | -7.22B | -35.21B | -32.55B | -27.09B | -771.00M |
| Net Change in Cash | -8.89B | 336.00M | -1.47B | 3.28B | 5.14B | 13.78B | -8.69B | 6.43B | 1.18B | -12.62B |
| Free Cash Flow | 42.86B | 54.69B | 54.19B | 68.41B | 45.10B | 34.10B | 42.18B | 53.09B | 35.65B | 20.61B |
This table shows 10 annual periods of Shell's cash flow statement, from FY 2025 back to FY 2016, across 10 line items including net income, depreciation & amortization, operating cash flow. Values in USD; B = billions, M = millions. Fiscal periods follow SHEL's reporting calendar. What is a cash flow statement?