Shell (LSE:SHEL) Tax Rate % : 75.24% (As of Dec. 2024)

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What is Shell Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shell's Tax Expense for the three months ended in Dec. 2024 was £2,503 Mil. Shell's Pre-Tax Income for the three months ended in Dec. 2024 was £3,326 Mil. Therefore, Shell's Tax Rate % for the quarter that ended in Dec. 2024 was 75.24%.

Shell Tax Rate % Historical Data

The historical data trend for Shell's Tax Rate % 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.

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Shell Tax Rate % Chart

Shell Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Tax Rate %

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20.15

30.84

33.85

39.82

44.79

Shell Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Tax Rate %	Get a 7-Day Free Trial															67.32	32.63	50.70	39.60	75.24

Shell Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Shell's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2024 )	/	Pre-Tax Income (A: Dec. 2024 )
	=	10600.191	/	23668.302
	=	44.79 %

Shell's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2024 )	/	Pre-Tax Income (Q: Dec. 2024 )
	=	2502.724	/	3326.155
	=	75.24 %

Shell Tax Rate % Related Terms

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Shell Business Description

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RYDAF:USA SHEL:USA SHELL:Netherlands SHEL N:Mexico SHELl:UK R6C0:Germany L3H:Germany R6C0:Germany R6C0:Germany L3H:Germany R6C0:Germany SHELL:Czech Republic SHEL:Argentina

Address

Shell Centre, London, GBR, SE1 7NA

Website

https://www.shell.com

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2023, reserves stood at 9.6 billion barrels of oil equivalent, 49% 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 capacity of 1.6 mmb/d located in the Americas, Asia, Africa, and Europe and sells about 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.