# Shell PLC American (SHEL) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $92.95, market value $266.0 billion.

## Valuation
- **P/E (trailing): 10.3×**. Shell PLC American trades at 10.3× trailing earnings. The Energy median in the September 2026 study was 16.8×. Forward P/E is 10.3×, higher than trailing, so analysts expect earnings to fall.
- **Price / sales: 0.9×**. Each dollar of revenue is priced at 0.9×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **Price / book: 1.4×**. The shares trade at 1.4× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 4.5×**. Enterprise value is 4.5× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: 11.9%**. Free cash flow equals 11.9% of the market value. Above 5% is generally attractive.
- **Earnings yield: 9.7%**. The inverse of the P/E: 9.7% of the price is earned each year.

## Profitability
- **Gross margin: 17.1%**. Shell PLC American keeps 17.1% of revenue after the direct cost of what it sells, a thin margin typical of retail, distribution and commodity businesses.
- **Operating margin: 12.3%**. 12.3% of revenue is left after running the business.
- **Net margin: 6.8%**. 6.8% of each dollar of sales reaches the bottom line.
- **Return on equity: 10.3%**. 10.3% on shareholders' equity is solid.
- **Return on invested capital: 11.3%**. Return on all capital, debt included, is 11.3%.
- **Return on assets: 7.0%**. Each dollar of assets produces 7.0% of profit.

## Growth
- **Revenue growth (1 yr): -6.1%** (3-yr -11.2%/yr, 5-yr 8.1%/yr). Revenue fell 6.1% over the last year, against 8.1% a year compounded over five years: growth is slowing.

## Financial health
- **Debt to equity: 0.38**. Debt is 0.38 times equity: a conservative balance sheet.
- **Net debt / EBITDA: 0.5×**. It would take 0.5 years of operating earnings to repay net borrowings, within the comfortable range.
- **Interest coverage: 7.1×**. Operating profit covers interest 7.1× over, a safe margin.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 3.36%** ($1.51 per share, trailing). Shell PLC American yields 3.36%, a modest yield more typical of a growth-oriented payer.
- **Payout ratio: 48%** (27% of free cash flow). 48% of earnings goes out as dividends, leaving room to keep raising it.
- **Consecutive years of increases: 3**. 3 straight years of increases.
- **Dividend growth (5 yr): 8.4%/yr** (1-yr 4.1%). The dividend has grown 8.4% a year over five years.
- **Shareholder yield: 8.7%**. Dividends plus net buybacks return 8.7% of the market value a year.

## Analyst view
- **Analyst consensus: buy** (15 analysts). 15 analysts cover Shell PLC American; the consensus is buy, with an average price target of $99.81 (+7% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): 32.2%** (YTD 28.8%, 3-mo 8.8%). The shares are up 32.2% over twelve months including dividends.
- **From 52-week high: -2.1%** (35.4% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 60**. An RSI of 60 is neutral.
- **Beta (1 yr): -0.02** (volatility 22%). Beta of -0.02 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=SHEL · Page: https://foliofundamentals.com/stocks/shel

Not investment advice.