Shell Plc's Competitiveness
A competitive positioning analysis and financial ratio benchmarking of Shell Plc (SHEL) against its publicly traded competitors: sales growth, net income, profitability, valuation and market share, plus each peer's market capitalization, revenue, income and employees. Free below: the top 5 peers. Subscriber access adds the full competitor list and CSV downloads.
Key Findings: Shell Plc vs Its Competitors
- TTM: Trailing 12-month revenue of 266,886M vs 1,771,388M combined for tracked competitors (13.1% combined share).
- Trending: Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months), vs accelerating (+123.0%) for its tracked peer group.
- Growth: Shell Plc generated -6.1% revenue growth year over year in Q4 2025, vs 3.3% for its tracked competitors combined.
- Profitability: Its 6.8% net margin compares with 6.0% for the peer group.
- Scale: Shell Plc ranks #1 of 134 companies by market capitalization in the Oil And Gas Production industry, holding 19.0% of industry market cap.
- Peer revenue share: Shell Plc accounted for 21.3% of combined revenue among its tracked peer group, down from 22.9% a year earlier.
- Peer differentiation: Revenue per employee of $3.14M compares with $5.51M for the peer group (0.6x).
Every figure above is sourced and cited in detail further down this page (Market Structure, Profitability & Cost Structure, Productivity vs Peers).
SHEL Sales vs. its Competitors, Q4 2025
Shell Plc reported revenue contraction of 6.13 % year on year in Q4 2025, below its competitors' combined revenue growth of 3.28 %.
With a net margin of 6.79 %, Shell Plc achieved higher profitability than its competitors (6.01 %).
Shell Plc generated 21.28 % of the combined sales of its peer group, down from 22.92 % a year earlier.
Shell Plc vs. its Competitors, Q4 2025
Revenue growth, year on year
Net income growth, year on year
Net margin
Revenue run-rate vs trailing 12 months
TTM net margin
TTM = trailing twelve months. Run-rate annualizes the latest quarter (×4) and compares it to TTM. In millions of $. High-Confidence Competitors are named as a competitor directly in an SEC filing; Similar-Size Competitors are the closest peers by market-cap rank within the same industry; Similar Growth & Profitability Competitors are the closest peers by combined revenue growth, operating margin and ROIC, all independent of the competitor list.
TTM revenue, latest-quarter run-rate and net income/margin benchmarked across Shell Plc and its 4 competitor groupings. Available under Commercial License.
| Entity | TTM Revenue | Rev Run-rate vs TTM |
|---|---|---|
| Shell Plc | $12,345M | +12.3% · Accelerating |
| Competitors combined | $12,345M | +12.3% · Accelerating |
| High-Confidence Competitors (9) | $12,345M | +12.3% · Accelerating |
| Similar-Size Competitors (5) | $12,345M | +12.3% · Accelerating |
| Similar Growth & Profitability (6) | $12,345M | +12.3% · Accelerating |
TTM revenue, run-rate and net margin benchmarking across Shell Plc's competitor groups requires a Commercial License.
For context: the Oil And Gas Production industry grew revenue 3.3% year over year, combined, vs -6.1% for Shell Plc. Shell Plc's share of combined industry revenue moved from 19.83% to 18.03%, a loss of 1.81 percentage points.
Shell Plc's Competitor Quality Breadth
Share of each group, trailing 12 months: profitable (net margin > 0), expanding (revenue growth > 0), growing faster than the industry's own median, and financially distressed (Piotroski F-Score of 2 or below).
| Entity | Profitable | Expanding | Above Industry Growth | Distressed |
|---|---|---|---|---|
| Shell Plc | Yes | No | No | No |
| Competitors combined (79) | ||||
| High-Confidence Competitors (11) | ||||
| Similar-Size Competitors (5) | ||||
| Similar Growth & Profitability (8) | 100.00 % (8 of 8) | 37.50 % (3 of 8) | 37.50 % (3 of 8) | 50.00 % (3 of 6) |
Source: CSIMarket API, trailing 12 months. Altman Z-Score is not shown here: it is not populated in the underlying data for any company. Percentages are of companies in each group that report the relevant metric, not of the full group size.
SHEL Stock Performance relative to its Competitors
SHEL Stock Performance relative to High-Confidence Competitors
SHEL Stock Performance relative to Similar-Size Competitors
SHEL Stock Performance relative to Similar Growth & Profitability Competitors
5 Best-Performing Tracked Competitors, Trailing 12 Months
| # | Competitor | TTM Share Price Return | vs U.S.A. 500 |
|---|---|---|---|
| 1 | Blue Dolphin Energy Co | 282.9% | Outperformed |
| 2 | Nxu Inc | 282.9% | Outperformed |
| 3 | Zion Oil and Gas Inc | 282.9% | Outperformed |
| 4 | Sasol Limited | 282.9% | Outperformed |
| 5 | Gran Tierra Energy Inc | 282.9% | Outperformed |
TTM share price return and U.S.A. 500 outperformance for Shell Plc's best-performing tracked competitors requires a Commercial License.
Source: CSIMarket API, trailing 12 months.
Publicly Traded Peers of Shell Plc
Revenue and income for trailing 12 months, in millions of $, except employees| Company | Market Cap | Revenues |
|---|---|---|
| Shell Plc | 286,930.72 | 266,886.00 |
| Exxon Mobil Corporation | 678,400.22 | 368,757.00 |
| Chevron Corp | 407,361.69 | 215,261.00 |
| Totalenergies Se | 199,342.93 | 162,863.00 |
| Conocophillips | 153,044.70 | 63,345.00 |
| Marathon Petroleum Corporation | 112,937.60 | 153,577.00 |
| SUBTOTAL | 2,629,520.90 | 2,091,018.40 |
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Sources: Shell Plc's official press releases and regulatory filings; CSIMarket.com's market research; and the financial filings and press releases of the other companies cited.
Updated on:
Focus of this report: publicly traded companies. Ten additional tables on Shell Plc versus competitors, including market share analysis, are in the navigation menu under Competition. To download the tables, please subscribe.
Shell Plc's Competitors Named by the Company
Competitive relationships identified from SEC filings and corroborating sources, each with a basis and confidence.| Competitor | Basis | Confidence |
|---|---|---|
| Greenway Technologies Inc and Subsidiaries | Named by the company | 85% |
| Nxu Inc | Named by the company | 85% |
| Aeternum Health Inc | Named by the company | 85% |
| Nextnrg Inc | Named by the company | 85% |
| Evgo Inc | Named by the company | 85% |
| Newmarket Corporation | Named by the company | 85% |
| Dow Inc | Named by the company | 85% |
| SPEV | Named by the company | 85% |
| EZFL | Named by the company | 85% |
| Excelerate Energy Inc | Named by the company | 85% |
| Fusion Fuel Green Plc | Named by the company | 85% |
| UMED | Named by the company | 85% |
| W R Grace and co | Named by the company | 85% |
| Westlake Chemical Partners Lp | Named by the company | 85% |
| Nuvve Holding Corp | Named by the company | 85% |
| Par Pacific Holdings Inc | Named by the company | 85% |
| Geospace Technologies Corp | Named by the company | 85% |
Filing basis, confidence, active dates and source counts for Shell Plc's named competitors require a Commercial License.
Methodology: relationships are extracted from SEC filings (named-competitor disclosures) and corroborating sources. Named by the company = explicitly disclosed as a competitor; Inferred = derived from corroborating signals. Confidence reflects evidence strength.
Shell Plc's Business Segment Mix vs Peers
Revenue by operating segment or division, as named and reported by each company. Segment names are the filer's own and are not standardized across companies. Do not assume a same-named or similarly-named segment is defined identically between two companies. Shares are of each company's own total revenue and are not required to sum to 100% (intersegment revenue, unallocated items).| Company | Largest Segment |
|---|---|
| Exxon Mobil Corporation | Corporate and Unallocated 0.20 % |
| Chevron Corp | Reportable Segment, Aggregation before Other Operating 99.73 % |
| Marathon Petroleum Corporation | Refining and Marketing 94.83 % |
| Eog Resources Inc | United States of America 98.40 % |
| Occidental Petroleum Corporation | Oil and gas 95.12 % |
Source: operating segment revenue as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API, leaf-level reportable segments only (parent roll-up segments are excluded where sub-segments are separately disclosed).
Shell Plc's Productivity vs Peers Comparison
Revenue and income per employee, trailing 12 months, in $; market cap in millions of $| Company | Market Cap | Revenue / Employee | Income / Employee |
|---|---|---|---|
| Shell Plc | 286,931 | 3,139,835 | 213,165 |
| Exxon Mobil Corporation | 678,400 | 6,357,879 | 575,414 |
| Chevron Corp | 407,362 | 5,001,533 | 487,116 |
| Totalenergies Se | 199,343 | 17,683,279 | 1,450,271 |
| Conocophillips | 153,045 | 6,398,485 | 936,263 |
| Marathon Petroleum Corporation | 112,938 | 8,301,459 | 557,351 |
| PEERS TOTAL | 2,342,590 | 5,506,715 | 486,222 |
Shell Plc's Geographic Revenue Exposure vs Peers
Revenue by country/region as reported in each company's most recent filing. Disclosure granularity varies by filer (some report by country, others by broad region) and is shown as disclosed.| Company | Largest Market |
|---|---|
| Occidental Petroleum Corporation | Non-US 20.75 % |
| Sm Energy Co | Permian Basin 49.29 % |
| Geospace Technologies Corp | US 56.35 % |
| Us Energy Corp | Rockies 84.98 % |
| Barnwell Industries inc | Canada 98.50 % |
Source: revenue geography as reported in each company's SEC filings (10-K/10-Q), via the CSIMarket API. Percentages are of that company's own total consolidated revenue for its most recent reported period.
Shell Plc's Position in Industry Market Structure
Market-capitalization share and concentration across all 113 companies in Shell Plc's industry classification, broader than the peer set above. Market cap in millions of $.Shell Plc ranks #1 of 113 companies by market capitalization in its industry, holding 19.00 % of total industry market cap. The industry's Herfindahl-Hirschman Index (HHI) is 788, indicating a unconcentrated market structure (U.S. antitrust guidance: below 1,500 unconcentrated, 1,500 to 2,500 moderately concentrated, above 2,500 highly concentrated).
| Rank | Company | Market Cap | Industry Share |
|---|---|---|---|
| 1 | Shell Plc | 289,637 | 19.00 % |
| 2 | Totalenergies Se | 216,606 | 14.21 % |
| 3 | Canadian Natural Resources Limited | 104,814 | 6.88 % |
| 4 | Eni Spa | 96,185 | 6.31 % |
| 5 | Slb Limited | 1,234 | 5.2% |
| 6 | Eog Resources Inc | 1,234 | 5.2% |
| 7 | Occidental Petroleum Corporation | 1,234 | 5.2% |
| 8 | Cenovus Energy Inc | 1,234 | 5.2% |
| 9 | Diamondback Energy Inc | 1,234 | 5.2% |
| 10 | Devon Energy Corp | 1,234 | 5.2% |
Market cap and industry share for the rest of Shell Plc's industry peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation) across CSIMarket's industry classification, market capitalization as of 2026-09-28.
Shell Plc's Same-Size Peers & Stock Performance
Peers chosen by closeness in market-cap rank within the same industry classification (not the named-competitor list above). Trailing 12-month total return, 3-month price momentum, beta and Sharpe ratio vs the broad U.S. market.| Rank | Company | Market Cap | TTM Return |
|---|---|---|---|
| 1 | Shell Plc | 289,637 | 33.21 % |
| 2 | Totalenergies Se | 216,606 | 46.30 % |
| 3 | Canadian Natural Resources Limited | 1,234 | 12.3% |
| 4 | Eni Spa | 1,234 | 12.3% |
| 5 | Slb Limited | 1,234 | 12.3% |
| 6 | Eog Resources Inc | 1,234 | 12.3% |
Market cap, return, momentum, beta and Sharpe ratio for the rest of Shell Plc's same-size peers requires a Commercial License.
Source: CSIMarket API (daily market-structure computation); returns and risk metrics as of 2026-09-28. Beta and Sharpe ratio are versus the broad U.S. equity market, not this industry.
Shell Plc's Profitability & Cost Structure
Trailing 12-month margins from SEC-filed financials. Operating margin is compared to the Oil And Gas Production industry median; gross margin, EBITDA margin and capital intensity are compared to the live industry average (165 companies).| Metric | Company | Industry | Difference |
|---|---|---|---|
| Gross Margin | 0.00 % | 57.30 % (avg) | -57.3 pp |
| Operating Margin | 85.37 % | industry median | +74.1 pp |
| EBITDA Margin | 12.90 % | 11.81 % (avg) | +1.1 pp |
| Capital Intensity (Capex / Revenue) | 0.00 % | 24.95 % (avg) | -24.9 pp |
Source: CSIMarket API, trailing 12 months. SG&A and R&D as a share of revenue have limited coverage as this data is backfilled and appear only where reported. Higher capital intensity is not inherently negative; it reflects the industry's asset requirements.
Shell Plc's Valuation vs Competitive Position
Valuation multiples vs the Oil And Gas Production industry average (165 companies, excluding loss-making/negative-equity outliers), alongside returns on capital for context on whether a premium or discount lines up with measurably stronger or weaker returns.| Metric | Company | Industry Average | Difference |
|---|---|---|---|
| P/E | 12.3x | 15.8x | -3.5x |
| EV / EBITDA | - | 8.9x | - |
| P/B | - | 1.8x | - |
| Return on Equity | 10.33 % | industry aggregate | -1.45 % |
| Return on Invested Capital | 37.70 % | 5.38 % (avg) | 32.32 % |
Source: CSIMarket API, trailing 12 months. A valuation premium or discount is not, by itself, a judgment of over- or under-valuation. Compare it against the return and growth context shown elsewhere on this page.
Shell Plc's Multi-Year Financial Trajectory
Fiscal-year revenue growth, operating margin, return on invested capital and P/E, as reported in SEC filings.| Metric | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue Growth | -16.97 % | -10.20 % | -6.13 % |
| Operating Margin | 85.32 % | 85.33 % | 85.37 % |
| Return on Invested Capital | 41.45 % | 39.57 % | 37.70 % |
| P/E | 11.5x | 13.0x | 12.3x |
Source: CSIMarket API, fiscal-year figures. P/E is this company's own historical ratio at each fiscal year end and can swing sharply around an earnings trough: that is real, not a data error.
Shell Plc's Strategic Group Map
Every company in Shell Plc's industry and named-competitor list, plotted by trailing 12-month revenue growth and operating margin. Shell Plc is shown in red; its closest peers by combined growth, margin and ROIC (the Similar Growth & Profitability group above) are labeled.
Source: CSIMarket API, trailing 12 months. Extreme outlier values (from near-zero-revenue companies) are excluded from the plotted cloud but never from the highlighted company or its labeled peers.
Shell Plc's BCG Growth-Share Matrix
Relative market share (vs Shell Plc's largest competitor by market cap) against industry revenue growth, using the standard textbook thresholds (1.0x share, 10% growth) a common framework, not a precision instrument.
Shell Plc falls in the Cash Cow quadrant: relative market share of 1.34x vs its largest competitor, in an industry growing revenue 0.1% (median, trailing 12 months).
Source: CSIMarket API (market-cap share and industry revenue growth). The 10% growth and 1.0x share lines are standard textbook thresholds, not derived from this industry's own distribution.
Shell Plc's Competitive Forces (Porter's Five Forces)
Only the forces this data can support honestly are shown; the other three are marked as such rather than guessed.| Force | Assessment | Basis |
|---|---|---|
| Competitive Rivalry | High | Industry HHI of 788 (see Industry Market Structure & Concentration above) |
| Barriers to Entry | Lower than typical for the industry | Capital intensity (capex / revenue) of 0.00 % vs industry average 24.95 % (see Profitability & Cost Structure above) |
| Supplier Power | Not covered on this page | See Shell Plc's dedicated suppliers page for concentration and dependency data |
| Buyer Power | Not covered on this page | See Shell Plc's dedicated customers page for concentration and dependency data |
| Threat of Substitutes | - | No systematic data source for cross-product substitution exists in this system; not estimated |
Note: this is a partial, data-grounded application of the framework, not a complete strategic assessment. Rivalry and barriers-to-entry readings are mechanical translations of the HHI and capital-intensity figures shown elsewhere on this page, not independent judgments.
Shell Plc's Industry Attractiveness & Competitive Strength
A CSIMarket composite, not a standard field: each axis is an equal-weighted average of three factors already shown elsewhere on this page (industry growth, industry profitability and rivalry for attractiveness; relative market share, profitability and growth vs industry for strength). Disclosed as a designed methodology, not a precision measurement.
Shell Plc falls in the Low attractiveness / Medium strength cell: Harvest.
Source: CSIMarket API, trailing 12 months. Each axis score is a simple 1(low)/2(medium)/3(high) average across its three inputs -- a transparent, disclosed simplification, not a validated academic scoring model.
Shell Plc's SWOT
Every point below is a fixed rule applied to a metric already shown elsewhere on this page (Market Structure, Profitability, Valuation, Run-Rate, Stock Performance, Quality Breadth) not an independent strategic assessment. A blank quadrant means no rule was met, not that none apply.Strengths
- Market leader by capitalization in its industry (#1 of 113, 19.00 % share).
- Operating margin 74.1 points above the industry median.
- Latest-quarter revenue run-rate is accelerating (+300.0% annualized vs trailing 12 months).
- Outperforming the U.S.A. 500 over the trailing 12 months.
Weaknesses
No rule matched.
Opportunities
- Trades at a lower P/E than the industry average (12.3x vs 15.8x) despite a higher return on invested capital -- a possible re-rating opportunity.
- A meaningful share of tracked competitors (38.60 %) show financial-distress signals, a possible opening to gain share.
Threats
- Losing revenue share to the broader industry (-1.8 points over the past year).
Methodology: mechanical, rule-based SWOT. Each bullet reuses a figure already sourced and cited elsewhere on this page; nothing here is generated narrative or independent analyst judgment.
Shell Plc's Financial Strength vs Peers Comparison
Quick ratio, working capital, debt to equity and asset turnover, trailing 12 months| Company | Quick Ratio | Working Capital | Debt / Equity |
|---|---|---|---|
| Shell Plc | 0.37 | 1.30 | 0.05 |
| Exxon Mobil Corporation | 0.13 | 1.11 | 0.17 |
| Chevron Corp | 0.01 | 1.16 | 0.21 |
| Totalenergies Se | 0.28 | 0.97 | 0.02 |
| Conocophillips | 0.49 | 1.36 | 0.45 |
| Marathon Petroleum Corporation | 0.18 | 1.25 | 1.69 |
Quick ratio = cash / current liabilities; working capital ratio = current assets / current liabilities; asset turnover = revenue / total assets. Peers in the Blank Checks industry are excluded.
Shell Plc's Revenue and Income Growth vs Peers
Quarterly revenue and net income growth, year over year and quarter over quarter| Company | Period | Revenue Y/Y | Income Y/Y |
|---|---|---|---|
| Shell Plc | Q4 2025 | -6.1 % | +9.7 % |
| Exxon Mobil Corporation | Q2 2026 | +42.3 % | +97.5 % |
| Chevron Corp | Q2 2026 | +56.3 % | +385.6 % |
| Totalenergies Se | Q4 2025 | -7.1 % | -16.7 % |
| Conocophillips | Q2 2026 | +36.8 % | +98.8 % |
| Marathon Petroleum Corporation | Q2 2026 | +53.8 % | +244.0 % |
| PEERS TOTAL | +3.6 % | +54.1 % |
Growth is shown only where both periods are positive. Peers in the Blank Checks industry are excluded.
Shell Plc's Peers' Costs of Sales and Capital Expenditures
Context for revenue growth: peer costs and capex, year over year and quarter over quarter| Company | Period | Costs Y/Y | Capex Y/Y |
|---|---|---|---|
| Shell Plc | Q4 2025 | - | - |
| Exxon Mobil Corporation | Q2 2026 | - | +3.9 % |
| Chevron Corp | Q2 2026 | +36.3 % | +22.3 % |
| Totalenergies Se | Q4 2025 | - | - |
| Conocophillips | Q2 2026 | +32.0 % | - |
| Marathon Petroleum Corporation | Q2 2026 | +43.4 % | +70.6 % |
Shell Plc's Returns and Turnover vs Peers
ROA, ROI and ROE (trailing 12 months), receivables and inventory turnover| Company | ROA | ROI | ROE |
|---|---|---|---|
| Shell Plc | 4.89% | 4.22% | 10.33% |
| Exxon Mobil Corporation | 7.29% | 7.92% | 12.57% |
| Chevron Corp | 6.40% | 6.49% | 10.85% |
| Totalenergies Se | 4.59% | 11.37% | 11.37% |
| Conocophillips | 7.55% | 8.36% | 14.30% |
| Marathon Petroleum Corporation | 11.79% | 12.26% | 42.47% |
ROA = net income / total assets; ROI = net income / investments; ROE = net income / equity; turnover ratios use trailing 12 month revenue (receivables) and cost of sales (inventory).
Shell Plc's Valuation vs Peers
P/E, price to sales, PEG, price to cash flow and price to book| Company | P/E | Price / Sales |
|---|---|---|
| Shell Plc | 16.09 | 1.08 |
| Exxon Mobil Corporation | 20.97 | 1.84 |
| Chevron Corp | 19.59 | 1.89 |
| Totalenergies Se | 15.19 | 1.22 |
| Conocophillips | 16.72 | 2.42 |
| Marathon Petroleum Corporation | 13.44 | 0.74 |
| PEERS AVERAGE | 14.68 | 1.26 |
P/E = price / diluted EPS (trailing 12 months); PEG = P/E divided by EPS growth; the average row divides the peers' combined market cap by their combined income, sales, cash flow and equity.