diff --git a/include/zephyr/shell/shell.h b/include/zephyr/shell/shell.h
index 662de2607cb..3a29b46c10c 100644
--- a/include/zephyr/shell/shell.h
+++ b/include/zephyr/shell/shell.h
@@ -823,6 +823,7 @@ struct shell_ctx {
 
 	struct k_mutex wr_mtx;
 	k_tid_t tid;
+	int ret_val;
 };
 
 extern const struct log_backend_api log_backend_shell_api;
@@ -1239,6 +1240,15 @@ int shell_obscure_set(const struct shell *sh, bool obscure);
  */
 int shell_mode_delete_set(const struct shell *sh, bool val);
 
+/**
+ * @brief Retrieve return value of most recently executed shell command.
+ *
+ * @param[in] sh Pointer to the shell instance
+ *
+ * @retval return value of previous command
+ */
+int shell_get_return_value(const struct shell *sh);
+
 /**
  * @}
  */
diff --git a/subsys/shell/Kconfig b/subsys/shell/Kconfig
index 5ec89ce50fc..d155622e7bb 100644
--- a/subsys/shell/Kconfig
+++ b/subsys/shell/Kconfig
@@ -251,6 +251,14 @@ config SHELL_AUTOSTART
 	help
 	  If enabled, shell will be automatically started.
 
+config SHELL_CMDS_RETURN_VALUE
+	bool "Retval command"
+	depends on SHELL_CMDS
+	default y
+	help
+	  This option enables the retval command. It is used to retrieve
+	  the return value from the most recently executed command.
+
 source "subsys/shell/modules/Kconfig"
 
 endif # SHELL
diff --git a/subsys/shell/shell.c b/subsys/shell/shell.c
index 25dcdad3129..e1f6424dbb3 100644
--- a/subsys/shell/shell.c
+++ b/subsys/shell/shell.c
@@ -1001,7 +1001,7 @@ static void state_collect(const struct shell *sh)
 					z_cursor_next_line_move(sh);
 				} else {
 					/* Command execution */
-					(void)execute(sh);
+					sh->ctx->ret_val = execute(sh);
 				}
 				/* Function responsible for printing prompt
 				 * on received NL.
@@ -1670,6 +1670,15 @@ int shell_use_vt100_set(const struct shell *sh, bool val)
 	return (int)z_flag_use_vt100_set(sh, val);
 }
 
+int shell_get_return_value(const struct shell *sh)
+{
+	if (sh == NULL) {
+		return -EINVAL;
+	}
+
+	return z_shell_get_return_value(sh);
+}
+
 int shell_echo_set(const struct shell *sh, bool val)
 {
 	if (sh == NULL) {
diff --git a/subsys/shell/shell_cmds.c b/subsys/shell/shell_cmds.c
index ee08eb77736..4454fb31b17 100644
--- a/subsys/shell/shell_cmds.c
+++ b/subsys/shell/shell_cmds.c
@@ -10,6 +10,7 @@
 #include "shell_vt100.h"
 
 #define SHELL_MSG_CMD_NOT_SUPPORTED	"Command not supported.\n"
+#define SHELL_HELP_RETVAL		"Print return value of most recent command"
 #define SHELL_HELP_CLEAR		"Clear screen."
 #define SHELL_HELP_BACKENDS		"List active shell backends.\n"
 #define SHELL_HELP_BACKSPACE_MODE	"Toggle backspace key mode.\n"	      \
@@ -402,6 +403,15 @@ static int cmd_resize(const struct shell *sh, size_t argc, char **argv)
 	return 0;
 }
 
+static int cmd_get_retval(const struct shell *sh, size_t argc, char **argv)
+{
+	ARG_UNUSED(argc);
+	ARG_UNUSED(argv);
+
+	shell_print(sh, "%d", shell_get_return_value(sh));
+	return 0;
+}
+
 static bool no_args(const struct shell_static_entry *entry)
 {
 	return (entry->args.mandatory == 1) && (entry->args.optional == 0);
@@ -498,3 +508,5 @@ SHELL_COND_CMD_ARG_REGISTER(CONFIG_SHELL_CMDS_RESIZE, resize, &m_sub_resize,
 SHELL_COND_CMD_ARG_REGISTER(CONFIG_SHELL_CMDS_SELECT, select, NULL,
 			    SHELL_HELP_SELECT, cmd_select, 2,
 			    SHELL_OPT_ARG_CHECK_SKIP);
+SHELL_COND_CMD_ARG_REGISTER(CONFIG_SHELL_CMDS_RETURN_VALUE, retval, NULL,
+			    SHELL_HELP_RETVAL, cmd_get_retval, 1, 0);
diff --git a/subsys/shell/shell_ops.h b/subsys/shell/shell_ops.h
index 39b66014360..59c4d8f738c 100644
--- a/subsys/shell/shell_ops.h
+++ b/subsys/shell/shell_ops.h
@@ -185,6 +185,11 @@ static inline uint8_t z_flag_last_nl_get(const struct shell *sh)
 	return sh->ctx->ctx.flags.last_nl;
 }
 
+static inline int z_shell_get_return_value(const struct shell *sh)
+{
+	return sh->ctx->ret_val;
+}
+
 static inline void z_flag_last_nl_set(const struct shell *sh, uint8_t val)
 {
 	sh->ctx->ctx.flags.last_nl = val;