Shell (RYDAF) Tax Rate %: 38.27% (As of Mar. 2026)


RYDAF Shell PLC RYDAF
70 GF Score
Price $37.00
GF Value $35.50
Valuation Fairly Valued
! 2 Warning Signs
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What is Shell Tax Rate %?

Shell RYDAF -3.20% 70 Tax Rate % is 38.27% as of Mar. 2026. GuruFocus rates RYDAF with a GF Score™ of 70/100 and a GF Value™ of $35.50 (Fairly Valued). The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Shell's Tax Expense for the three months ended in Mar. 2026 was $3,570 Mil. Shell's Pre-Tax Income for the three months ended in Mar. 2026 was $9,328 Mil. Therefore, Shell's Tax Rate % for the quarter that ended in Mar. 2026 was 38.27%.

Shell Tax Rate % Related Terms

Shell Tax Rate % Historical Data

* Premium members only.

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.

Shell Tax Rate % Chart

Shell Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.84 33.85 39.82 44.79 39.11

Shell Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 45.57 39.03 31.60 39.40 38.27
RYDAF
70GF Score
Shell PLC RYDAF
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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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. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=11637/29756
=39.11 %

Shell's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=3570/9328
=38.27 %

* 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 Tax Rate % →
What does a Tax Rate % of 38.27% mean?
Shell (RYDAF) has a Tax Rate % of 38.27% as of Mar. 2026.
Is Shell's Tax Rate % too high?
Shell's current Tax Rate % is 38.27%. 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 Tax Rate % compare to XOM and CVX?
Shell's Tax Rate % of 38.27% 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 Tax Rate % for an Oil & Gas company?
A good Tax Rate % depends on the Oil & Gas industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Shell's current Tax Rate % is 38.27%. 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 $35.50, compared to a current price of $37.00 — trading 4.2% above its estimated fair value. The current Tax Rate % is 38.27%. 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 Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Shell (RYDAF), the current Tax Rate % is 38.27% 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 $37.00 is trading 4.2% above its estimated GF Value™ of $35.50. GuruFocus considers Shell to be Fairly Valued.

Key valuation signals for RYDAF:

  • Tax Rate %: 38.27%
  • GF Value™: $35.50 vs. price of $37.00 (4.2% 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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Tax Rate % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.00
Price
$35.50
GF Value