Shell's income for the period 2010-2024
In 2024, Shell's net income amounted to 16.52 billion U.S. dollars. This is a decrease of some 36 billion U.S. dollars compared to 2022, when the Anglo-Dutch company reported a historic net profit of roughly 42.87 billion U.S. dollars. Headquartered in London, United Kingdom, Shell is not only one of the world’s largest oil and gas companies, but also one of the largest companies worldwide in general.
Shell in history and today
As one of the six oil and gas supermajors in the world, Shell's revenue regularly exceeds 300 billion U.S. dollars. Founded as the Royal Dutch Petroleum Co. in 1890, it is involved and operating in every segment of the oil and gas industry. Shell is a vertically integrated company, meaning they own every part of their supply chain. The company has announced it will cut fossil fuels production by more than half until 2030 and instead focus on its chemicals segment.
Earnings and shares of Royal Dutch Shell
The integrated gas segment was Shell's leading earnings-generating segment in 2024. It was the only segment apart from chemicals and products that reported an increase in earnings that year. Shell’s number of shares stood at some 6.1 billion in 2024, down from 6.5 billion in 2023.
