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 year | ShellSHEL, 2025 | Suncor 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 |