ConocoPhillips vs Shell
Shell is the larger business, with $266.89bn of revenue in fiscal 2025 against $58.94bn for ConocoPhillips (4.5 times as much). ConocoPhillips grew faster (7.7% against -6.1%). ConocoPhillips kept more of each dollar of sales as profit: a net margin of 13.6% against 6.7%. ConocoPhillips carries less debt relative to equity (36.4% against 43.4%).
| Latest fiscal year | ConocoPhillipsCOP, 2025 | ShellSHEL, 2025 |
|---|---|---|
| Revenue | $58.94bn | $266.89bn |
| Revenue growth | 7.7% | -6.1% |
| Net income | $7.99bn | $17.84bn |
| Operating margin | — | — |
| Net margin | 13.6% | 6.7% |
| Return on equity | 12.4% | 10.1% |
| Free cash flow | $19.80bn | — |
| Cash | $6.50bn | $30.22bn |
| Total debt | $23.44bn | $75.64bn |
| Debt to equity | 36.4% | 43.4% |
| Dividend per share | $3.18 | — |
| Dividend yield | 2.3% | — |
| Share buybacks | $5.02bn | $13.88bn |
| Employees | 9,900 | — |
| Market value | $178.30bn | $312.12bn |
| Price vs our value range | Within our value range | — |
| Moat score | 62 (Moderate) | — |
| Insider trades, 12 months | 1 buys, 15 sales | 0 buys, 0 sales |