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 August 14, 2026. Differences are shown without an overall score or investment verdict.
PSX
Phillips 66
$233.61EnergyDelayed quote: Aug 14, 2026, 4:00 PM EDT
SHEL
Shell plc
$90.47EnergyDelayed quote: Aug 14, 2026, 4:00 PM EDT
Total return — PSX vs SHEL
growth of $100 · dividends reinvested · last 10yPSX +330.8% (+15.7%/yr)SHEL +187.3% (+11.1%/yr)PSX compounded faster over this window
PSX SHEL
PSX vs SHEL: by the numbers
- •SHEL is the larger company ($252.24B vs $93.66B market cap).
- •SHEL trades at the lower trailing earnings multiple (9.92 vs 13.25 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 (4.16% vs 2.12%).
Metrics side by side
Valuation
| Metric | PSX | SHEL |
|---|---|---|
| P/E ratio | 13.25 | 9.92 |
| Forward P/E | 10.33 | 8.32 |
| P/S ratio | 0.61 | 0.85 |
| P/B ratio | 2.97 | 1.40 |
| EV / EBITDA | 8.43 | 4.98 |
| FCF yield | 6.83% | 12.45% |
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 | 4.75% | 5.65% |
Dividends
| Metric | PSX | SHEL |
|---|---|---|
| Dividend yield | 2.12% | 4.16% |
| Payout ratio | 45.57% | 61.69% |
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) | 30.65% | 21.76% |
Frequently asked
- Which has the lower trailing P/E, PSX or SHEL?
- SHEL has the lower trailing P/E: PSX trades at 13.25 and SHEL at 9.92. 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 2.12% and SHEL yields 4.16% 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 15.69% and SHEL delivered 11.15% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Phillips 66 P/E ratioShell P/E ratioPhillips 66 dividend yieldShell dividend yieldPhillips 66 ROEShell ROEPhillips 66 operating marginShell operating marginPhillips 66 revenue growthShell revenue growthPhillips 66 free cash flowShell free cash flow
Phillips 66 & Shell appear in these rankings
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 August 14, 2026.