SHEL vs. SLB: Shell vs. SLB Stock Comparison
How do Shell (SHEL) and SLB (SLB) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Shell (SHEL) and SLB (SLB) both fall under the Energy industry group, but SHEL is classified in Oil, Gas & Consumable Fuels while SLB is classified in Energy Equipment & Services.
SLB (SLB) trades as ordinary local shares, while Shell (SHEL) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | SHEL | SLB |
|---|---|---|
| Name | Shell plc American Depositary Shares (Each representing two Ordinary shares) | SLB N.V. |
| Country/Region | United Kingdom | United States |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Energy Equipment & Services |
| GICS Sub-Industry | Integrated Oil & Gas | Oil & Gas Equipment & Services |
| Market Capitalization | 280.59 billion USD | 73.68 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | March 12, 1984 | December 31, 1981 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SHEL | SLB |
|---|---|---|
| Total Return (1Y) | 36.30% | 41.53% |
| Total Return (3Y, Annualized) | 19.93% | 1.23% |
| Total Return (5Y, Annualized) | 21.02% | 10.62% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | SHEL | SLB |
|---|---|---|
| Volatility (1Y, Annualized) | 23.60% | 37.07% |
| Beta (5Y) | 0.10 | 0.80 |
| Max Drawdown (5Y) | -25.04% | -46.63% |
| Avg. Volume (3M) | 6.01M | 12.57M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SHEL | SLB |
|---|---|---|
| Sharpe Ratio (1Y) | 1.36 | 1.00 |
| Sortino Ratio (1Y) | 1.99 | 1.59 |
Profitability
ROE (TTM)
Both Shell (SHEL) at 17.43% and SLB (SLB) at 11.66% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
SHEL
Energy industry group
17.43%
- Max
- 53.85%
- Q3
- 24.79%
- SHEL
- 17.43%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
SLB
Energy industry group
11.66%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- SLB
- 11.66%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Shell (SHEL) at 10.18% and SLB (SLB) at 8.40% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
SHEL
Energy industry group
10.18%
- Max
- 56.92%
- Q3
- 22.92%
- SHEL
- 10.18%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
SLB
Energy industry group
8.40%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- SLB
- 8.40%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both Shell (SHEL) at 18.76% and SLB (SLB) at 14.03% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
SHEL
Energy industry group
18.76%
- Max
- 71.31%
- Q3
- 33.75%
- SHEL
- 18.76%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
SLB
Energy industry group
14.03%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- SLB
- 14.03%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | SHEL | SLB |
|---|---|---|
| ROE (TTM) | 17.43% | 11.66% |
| ROA (TTM) | 7.67% | 5.72% |
| Net Margin (TTM) | 10.18% | 8.40% |
| Operating Margin (TTM) | 18.76% | 14.03% |
| Gross Margin (TTM) | 26.93% | 16.59% |
Growth
Revenue Growth
Both Shell (SHEL) at -6.13% and SLB (SLB) at -1.60% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Shell (SHEL) at 18.58% and SLB (SLB) at -24.44% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | SHEL | SLB |
|---|---|---|
| Revenue Growth (YoY) | -6.13% | -1.60% |
| Revenue Growth (3Y CAGR) | -11.21% | 8.33% |
| EPS Growth (YoY) | 18.58% | -24.44% |
| EPS Growth (3Y CAGR) | -19.31% | -0.56% |
Financial Strength
Current Ratio (MRQ)
Both Shell (SHEL) at 1.38 and SLB (SLB) at 1.39 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
SHEL
Energy industry group
1.38
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- SHEL
- 1.38
- Q1
- 0.88
- Min
- 0.24
SLB
Energy industry group
1.39
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- SLB
- 1.39
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both Shell (SHEL) at 0.38 and SLB (SLB) at 0.47 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
SHEL
Energy industry group
0.38
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- SHEL
- 0.38
- Q1
- 0.30
- Min
- 0.00
SLB
Energy industry group
0.47
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- SLB
- 0.47
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | SHEL | SLB |
|---|---|---|
| Current Ratio (MRQ) | 1.38 | 1.39 |
| Debt / Equity (MRQ) | 0.38 | 0.47 |
| Net Debt / EBITDA | 0.59 | 1.25 |
Dividends
Dividend Yield (TTM)
Both Shell (SHEL) at 1.54% and SLB (SLB) at 2.36% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
SHEL
Energy industry group
1.54%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- SHEL
- 1.54%
- Q1
- 0.00%
- Min
- 0.00%
SLB
Energy industry group
2.36%
- Max
- 8.57%
- Q3
- 3.58%
- SLB
- 2.36%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Shell (SHEL) at 26.24% pays out a band-typical share of earnings, while SLB (SLB) at 56.80% distributes more than its industry norm — less retained, thinner cover.
SHEL
Energy industry group
26.24%
- Max
- 133.24%
- Q3
- 53.31%
- SHEL
- 26.24%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
SLB
Energy industry group
56.80%
- Max
- 133.24%
- SLB
- 56.80%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | SHEL | SLB |
|---|---|---|
| Dividend Yield (TTM) | 1.54% | 2.36% |
| Dividend Payout Ratio (TTM) | 26.24% | 56.80% |
Valuation
P/E Ratio (TTM)
Shell (SHEL) at 8.60 is near its industry’s usual P/E ratio, while SLB (SLB) at 24.23 sits in the richer quartile — SLB needs stronger growth or earnings quality to justify the premium.
SHEL
Energy industry group
8.60
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- SHEL
- 8.60
- Q1
- 7.71
- Min
- 2.99
SLB
Energy industry group
24.23
- Max
- 39.54
- SLB
- 24.23
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Shell (SHEL) at 0.87 sits in the cheaper P/S ratio quartile while SLB (SLB) at 2.00 prices around its industry’s middle — SHEL costs less per dollar of sales, though read it alongside growth and margins.
SHEL
Energy industry group
0.87
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- SHEL
- 0.87
- Min
- 0.00
SLB
Energy industry group
2.00
- Max
- 5.40
- Q3
- 2.85
- SLB
- 2.00
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Shell (SHEL) at 1.43 is valued about in line with its industry on P/B ratio, while SLB (SLB) at 2.83 carries an above-peer premium to book — SLB is pricier on assets.
SHEL
Energy industry group
1.43
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- SHEL
- 1.43
- Q1
- 1.08
- Min
- 0.01
SLB
Energy industry group
2.83
- Max
- 4.21
- SLB
- 2.83
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | SHEL | SLB |
|---|---|---|
| P/E Ratio (TTM) | 8.60 | 24.23 |
| P/S Ratio (TTM) | 0.87 | 2.00 |
| P/B Ratio (MRQ) | 1.43 | 2.83 |
| Free Cash Flow Yield (TTM) | 10.35% | 4.18% |