Shell PLC (SHEL) closed fiscal year 2025 with total debt of 75.6 B USD and net debt of 17.1 B USD, 0.30 times its EBITDA.
Shell PLC (SHEL) closed fiscal year 2025 with total debt of 75.6 B USD and net debt of 17.1 B USD, 0.30 times its EBITDA. The highest net debt to EBITDA reading over the period was 0.30 times, in 2025. The series covers 4 fiscal years, from 2022 to 2025. All figures are stated in USD and are taken from the company's own published annual accounts, with no restatements or adjustments of our own. Debt balances are taken at the fiscal year-end date; net debt subtracts cash and short-term investments from total financial debt.
Fiscal year end: December
| 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|
| Total debt | 83.8B | 81.5B | 77.1B | 75.6B |
| Net debt | 16.1B | 15.5B | 10.5B | 17.1B |
| Net debt / EBITDA (x) | 0.17× | 0.26× | 0.18× | 0.30× |
Figures in USD
