Which has the lower trailing P/E, PSX or SHEL?

SHEL has the lower trailing P/E: PSX trades at 14.45 and SHEL at 10.65. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, PSX or SHEL?

Over the past five years, PSX grew revenue faster — PSX at a 13.56% CAGR versus SHEL at 7.75%.

Does PSX or SHEL pay a bigger dividend?

PSX yields 1.93% and SHEL yields 3.12% based on trailing dividends and the latest price.

Is PSX or SHEL more profitable?

SHEL runs the higher net margin — PSX at 4.62% versus SHEL at 8.76%.

How have PSX and SHEL total returns compared?

Over the past 10 years, PSX delivered 17.07% and SHEL delivered 12.12% annualized total return. Past performance doesn't predict future results.

Phillips 66 (PSX) vs Shell plc (SHEL)

A side-by-side comparison of Phillips 66 and Shell plc across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 13, 2026. Differences are shown without an overall score or investment verdict.

PSX

Phillips 66

$101.66B

$253.55EnergyDelayed quote: Sep 28, 2026, 4:00 PM EDT

SHEL

Shell plc

$268.97B

$96.47EnergyDelayed quote: Sep 28, 2026, 4:00 PM EDT

Total return — PSX vs SHEL

growth of $100 · dividends reinvested · last 10y

PSX +387.5% (+17.2%/yr)SHEL +209.8% (+12.0%/yr)PSX compounded faster over this window

PSX SHEL

PSX vs SHEL: by the numbers

•SHEL is the larger company ($268.97B vs $101.66B market cap).
•SHEL trades at the lower trailing earnings multiple (10.65 vs 14.45 P/E), one valuation lens rather than an overall verdict.
•SHEL converts more revenue to profit (8.76% vs 4.62% net margin).
•PSX grew revenue faster over the past five years (13.56% vs 7.75% CAGR).
•SHEL pays the higher dividend yield (3.12% vs 1.93%).

Metrics side by side

Valuation

Metric	PSX	SHEL
P/E ratio	14.45	10.65
Forward P/E	9.42	8.56
P/S ratio	0.66	0.91
P/B ratio	3.23	1.49
EV / EBITDA	9.05	5.24
FCF yield	6.29%	11.73%

Profitability

Metric	PSX	SHEL
Gross margin	9.78%	17.12%
Operating margin	6.67%	12.28%
Net margin	4.62%	8.76%
ROE	22.51%	14.37%
ROIC	12.71%	7.87%

Dividends

Metric	PSX	SHEL
Dividend yield	1.93%	3.12%
Payout ratio	28.55%	33.36%

Growth (annualized)

Metric	PSX	SHEL
Revenue CAGR (5Y)	13.56%	7.75%
EPS CAGR (5Y)	8.08%	7.44%
FCF CAGR (5Y)	35.99%	8.90%
Total return CAGR (5Y)	36.21%	24.37%

Frequently asked

Which has the lower trailing P/E, PSX or SHEL?: SHEL has the lower trailing P/E: PSX trades at 14.45 and SHEL at 10.65. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, PSX or SHEL?: Over the past five years, PSX grew revenue faster — PSX at a 13.56% CAGR versus SHEL at 7.75%.
Does PSX or SHEL pay a bigger dividend?: PSX yields 1.93% and SHEL yields 3.12% based on trailing dividends and the latest price.
Is PSX or SHEL more profitable?: SHEL runs the higher net margin — PSX at 4.62% versus SHEL at 8.76%.
How have PSX and SHEL total returns compared?: Over the past 10 years, PSX delivered 17.07% and SHEL delivered 12.12% annualized total return. Past performance doesn't predict future results.

Go deeper

Full PSX analysis Full SHEL analysis Interactive comparison tool

Dig into the metrics

Phillips 66 P/E ratio Shell P/E ratio Phillips 66 dividend yield Shell dividend yield Phillips 66 ROE Shell ROE Phillips 66 operating margin Shell operating margin Phillips 66 revenue growth Shell revenue growth Phillips 66 free cash flow Shell free cash flow

Phillips 66 & Shell appear in these rankings

Highest Dividend Yield Stocks Highest FCF Yield Stocks Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 13, 2026.