What was Shell plc's revenue in 2023?

Shell plc reported $316.0B in revenue for fiscal year 2023. This represents a -17.1% change compared to 2022. Revenue slipped 17.1 percent to $316 billion as oil and gas prices normalized from post-Ukraine invasion highs, though net income held at $19.4 billion.

What was Shell plc's net income in 2023?

Shell plc reported $19.4B in net income for fiscal year 2023.

How did Shell plc's revenue change from 2022 to 2023?

Shell plc revenue declined from $381.0B in 2022 to $316.0B in 2023, a change of -17.1%.

Was 2023 Shell plc's best revenue year?

No. Shell plc's highest recorded revenue year was 2018 at $388.0B. In 2023, Shell plc reported $316.0B.

What was Shell plc's highest ever annual revenue?

Shell plc's highest ever annual revenue was $388.0B recorded in fiscal year 2018.

Shell plc Revenue in 2023: $316.0B

FY2023 Revenue

$316.0B

▼ 17.1% vs FY2022 ($381.0B)

Net Income: $19.4B

Source: Annual Report

Shell plc reported $316.0B in revenue for fiscal year 2023. This represents a decline of 17.1% compared to the 2022 figure of $381.0B.

Revenue slipped 17.1 percent to $316 billion as oil and gas prices normalized from post-Ukraine invasion highs, though net income held at $19.4 billion.

Revenue by Year

FY2023 FY2022 FY2021 FY2020 FY2019 FY2018 FY2017

Shell plc Annual Revenue History

Year	Revenue	Net Income	YoY Change
FY2023	$316.0B	$19.4B	-17.1%
FY2022	$381.0B	$42.3B	+46.0%
FY2021	$261.0B	$20.1B	+42.6%
FY2020	$183.0B	N/A	-47.0%
FY2019	$345.0B	$15.8B	-11.1%
FY2018	$388.0B	$23.4B	+27.2%
FY2017	$305.0B	$13.0B	—

Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.