In 2024, Shell's integrated gas segment had the highest earnings, at some 9.6 billion U.S. dollars. That year, there was a notable decrease in earnings for the renewables and energy solutions segment, which reported a loss of more than one billion U.S. dollars.
Shell is one of the top five oil and gas companies worldwide, operating in every segment of the oil and gas industry.
Earnings of Shell in 2023 and 2024, by segment
(in million U.S. dollars)
Characteristic
2023
2024
Integrated gas
7,046
9,590
Upstream
8,528
7,772
Marketing
2,950
1,894
Chemicals and Products
1,530
1,757
Renewables and Energy Solutions
3,038
-1,229
Corporate
-2,811
-2,992
Created with Highcharts 7.2.2Earnings in million U.S. dollars9,5909,5907,7727,7721,8941,8941,7571,757-1,229-1,229-2,992-2,9927,0467,0468,5288,5282,9502,9501,5301,5303,0383,038-2,811-2,81120232024Integrated gasUpstreamMarketingChemicals and ProductsRenewables and Energy SolutionsCorporate
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Shell. (March 25, 2025). Earnings of Shell in 2023 and 2024, by segment (in million U.S. dollars) [Graph]. In Statista. Retrieved April 22, 2025, from https://www.statista.com/statistics/279423/shells-earnings-by-segment/
Shell. "Earnings of Shell in 2023 and 2024, by segment (in million U.S. dollars)." Chart. March 25, 2025. Statista. Accessed April 22, 2025. https://www.statista.com/statistics/279423/shells-earnings-by-segment/
Shell. (2025). Earnings of Shell in 2023 and 2024, by segment (in million U.S. dollars). Statista. Statista Inc.. Accessed: April 22, 2025. https://www.statista.com/statistics/279423/shells-earnings-by-segment/
Shell. "Earnings of Shell in 2023 and 2024, by Segment (in Million U.S. Dollars)." Statista, Statista Inc., 25 Mar 2025, https://www.statista.com/statistics/279423/shells-earnings-by-segment/
Shell, Earnings of Shell in 2023 and 2024, by segment (in million U.S. dollars) Statista, https://www.statista.com/statistics/279423/shells-earnings-by-segment/ (last visited April 22, 2025)
Earnings of Shell in 2023 and 2024, by segment (in million U.S. dollars) [Graph], Shell, March 25, 2025. [Online]. Available: https://www.statista.com/statistics/279423/shells-earnings-by-segment/
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