How did Shell's revenue and expenses perform in Q4 2024 compared to previous quarters?

Shell's revenue and expenses in Q4 2024 showed a significant increase compared to the previous quarter, Q3 2024, with total revenue reaching $86.02 billion. This is a notable improvement from the $72.15 billion recorded in Q3 2024. However, when compared to the same quarter in the previous year, Q4 2023, there was a slight decrease in revenue, with $86.02 billion compared to $87.56 billion in Q4 2023.

On the other hand, Shell's expenses in Q4 2024 were $64.82 billion, which is higher than the expenses in Q3 2024, which were $60.89 billion. This indicates that despite the increase in revenue, Shell's expenses also rose, potentially affecting their profit margins.

|code|Ticker|Name|Date|Total Revenue (FY)|Total Expenses (FY)|market_code|
|---|---|---|---|---|---|---|
|SHEL|SHEL.N|Shell|2020|1.83195E11||169|
|SHEL|SHEL.N|Shell|2021|2.72657E11||169|
|SHEL|SHEL.N|Shell|2022|3.86201E11||169|
|SHEL|SHEL.N|Shell|2023|3.23183E11||169|
|SHEL|SHEL.N|Shell|2024|2.89029E11||169|