Shell (RYDAF) Research & Development: $1,152 Mil (TTM As of Mar. 2026)


RYDAF Shell PLC RYDAF
70 GF Score
Price $39.15
GF Value $36.42
Valuation Fairly Valued
! 2 Warning Signs
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What is Shell Research & Development?

Shell RYDAF -2.02% 70 Research & Development is $1,152 Mil as of Mar. 2026. GuruFocus rates RYDAF with a GF Score™ of 70/100 and a GF Value™ of $36.42 (Fairly Valued). The stock has 2 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Shell's Research & Development for the three months ended in Mar. 2026 was $167 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $1,152 Mil.

Shell  (OTCPK:RYDAF) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Shell Research & Development Related Terms

Shell Research & Development Historical Data

* Premium members only.

The historical data trend for Shell's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shell Research & Development Chart

Shell Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 815.00 1,075.00 1,287.00 1,099.00 1,170.00

Shell Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 185.00 278.00 409.00 298.00 167.00
RYDAF
70GF Score
Shell PLC RYDAF
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Shell Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,152 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $1,152 Mil mean?
Shell (RYDAF) has a Research & Development of $1,152 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Shell and its competitors.
Is Shell's Research & Development too high?
Shell's current Research & Development is $1,152 Mil. Overall, Shell has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shell's Research & Development compare to XOM and CVX?
Shell's Research & Development of $1,152 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Oil & Gas company?
A good Research & Development depends on the Oil & Gas industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Shell and its competitors. Shell's current Research & Development is $1,152 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shell stock overvalued right now?
Based on GuruFocus' analysis, Shell (RYDAF) is currently considered Fairly Valued. The stock's GF Value™ is $36.42, compared to a current price of $39.15 — trading 7.5% above its estimated fair value. The current Research & Development is $1,152 Mil. Shell's overall GF Score™ is 70/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Shell (RYDAF), the current Research & Development is $1,152 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shell (RYDAF) Overvalued in 2026?

Based on GuruFocus' analysis, Shell stock appears to be overvalued. The current stock price of $39.15 is trading 7.5% above its estimated GF Value™ of $36.42. GuruFocus considers Shell to be Fairly Valued.

Key valuation signals for RYDAF:

  • Research & Development: $1,152 Mil
  • GF Value™: $36.42 vs. price of $39.15 (7.5% above fair value)
  • GF Score™: 70/100 with 2 warning signs

No single metric tells the full story. See the RYDAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Shell Business Description

Industry EnergyOil & Gas
Address Shell Centre, London, GBR, SE1 7NA
Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At year-end 2025, reserves stood at 8.1 billion barrels of oil equivalent, 44% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with a capacity of 1.4 mmb/d located in the Americas, Asia, and Europe, and sells about 9 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Northwestern Europe, China, and North America.
70GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$39.15
Price
$36.42
GF Value