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Shell vs Suncor Energy

Shell is the larger business, with $266.89bn of revenue in fiscal 2025 against $37.50bn for Suncor Energy (7.1 times as much). Shell grew faster (-6.1% against -6.4%). Suncor Energy kept more of each dollar of sales as profit: a net margin of 11.3% against 6.7%. Suncor Energy carries less debt relative to equity (22.1% against 43.4%).

Latest fiscal yearShellSHEL, 2025Suncor EnergySU, 2025
Revenue $266.89bn $37.50bn
Revenue growth -6.1% -6.4%
Net income $17.84bn $4.24bn
Operating margin — —
Net margin 6.7% 11.3%
Return on equity 10.1% 13.3%
Free cash flow — —
Cash $30.22bn $2.66bn
Total debt $75.64bn $7.28bn
Debt to equity 43.4% 22.1%
Dividend per share — —
Dividend yield — —
Share buybacks $13.88bn $2.24bn
Employees — —
Market value $310.16bn $92.21bn
Price vs our value range — —
Moat score — —
Insider trades, 12 months 0 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

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Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.