SHEL FCF Yield: current value, 10-year range and year-by-year history
Cash & Leverage
SHEL's fcf yield is lower than 65% of the last 10 years.
FCF Yield History
SHEL FCF Yield by year
Yearly range of SHEL’s fcf yield from 2016 to 2026. Over the full period it ranged from -3.5% to 23.8%, averaging 12.0%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 7.7% | 10.1% | 14.6% | 11.6% |
| 2025 | 10.7% | 14.1% | 17.9% | 10.7% |
| 2024 | 13.2% | 14.7% | 18.0% | 18.0% |
| 2023 | 18.0% | 20.2% | 23.8% | 18.8% |
| 2022 | 12.1% | 15.6% | 20.7% | 15.2% |
| 2021 | 6.8% | 11.5% | 15.6% | 15.5% |
| 2020 | 7.9% | 16.1% | 22.3% | 12.8% |
| 2019 | 8.2% | 12.1% | 13.6% | 8.2% |
| 2018 | 4.3% | 5.4% | 12.4% | 12.4% |
| 2017 | -0.7% | 4.3% | 8.0% | 6.1% |
| 2016 | -3.5% | -3.2% | -2.6% | -3.1% |
Free cash flow generated divided by market capitalisation. Often more reliable than earnings yield because it reflects actual cash — harder to inflate through accounting choices.
Free Cash Flow / Market Cap × 100%Think of it as the "cash earnings yield" on your investment. High FCF yield vs history suggests the market may be undervaluing the company's real cash generation ability.
- FCF can be lumpy year-to-year due to irregular capex or working capital swings. Look at 3–5 year trends, not single-year readings.
- Businesses intentionally reinvesting for growth will show low or negative FCF yield by design — this metric is less useful for high-growth phase companies.
Is SHEL FCF Yield High or Low Right Now?
Shell plc's FCF Yield is currently 11.6%, which is below average relative to its 10-year historical range. The 10-year median FCF Yield for SHEL is approximately 13.0%. See all SHEL valuation metrics →
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.