In 2600 BC, the tyrannical king Ahk-Ton of Kahndaq creates the Crown of Sabbac to attain great power. After attempting to stage a revolt, a young slave boy is given the powers of Shazam by the Council of Wizards, transforming him into Kahndaq's heroic champion, who fights Ahk-Ton, killing him and ending his reign.
In the present day, Kahndaq is oppressed by the Intergang, a mercenary organization, as Adrianna Tomaz, an archaeologist and resistance-fighter, tries to locate the Crown of Sabbac with the help of her brother Karim and their colleagues Samir and Ishmael. As Adrianna obtains the crown, Intergang ambushes them and kills Samir, forcing Adrianna to read an incantation that awakens Teth-Adam, whom she believes to be Kahndaq's champion, from a slumber. As he slaughters most of the Intergang troops, US government official Amanda Waller deems Adam a threat and contacts the Justice Society to apprehend him. Justice Society members Hawkman, Doctor Fate, Cyclone, and Atom Smasher arrive in time to stop Adam's killing spree and explain to Adrianna that Adam was not an entombed savior, but an imprisoned killer.
Ishmael reveals himself as the leader of Intergang's Kahndaq division and kidnaps Adrianna's teenage son Amon, who has stolen and hidden the crown. Adam, Adrianna, and the Justice Society find the crown and intend to trade it for Amon. Reaching Ishmael, he reveals himself as the last descendant of King Ahk-Ton and wants his rightful place on the throne. Adrianna willingly gives the crown to save Amon's life, but Ishmael betrays his part of the deal and shoots at Amon, causing Adam to lose control and destroy the hideout with his powers, killing Ishmael and wounding Amon. Guilt-ridden, Adam flees to the ruins of Ahk-Ton's palace and reveals to Hawkman that the legends of Kahndaq's champion were misattributed; it was Adam's son, Hurut, who was granted Shazam's powers and became Kahndaq's champion. Knowing that Hurut was invincible, Ahk-Ton instructed assassins to execute Hurut's family, including Adam and Hurut's mother. Hurut gave Adam his powers to save his life and Ahk-Ton's assassins immediately killed the de-powered Hurut, causing an enraged Adam to massacre all of the king's men and inadvertently destroy his palace. Subsequently, deemed unworthy by the Council of Wizards, Adam attacked and killed them all in anger except for Shazam, who imprisoned him along with the Crown of Sabbac within what became Adam's tomb.
Feeling incapable of becoming a true hero, Adam surrenders and the Justice Society takes him to a secret underwater Task Force X black site in Antarctica, where Fate has a premonition of Hawkman's impending death. As the Justice Society returns to the city, they realize Ishmael intentionally provoked Adam to kill him while he wore the Crown just as Ishmael is reborn as Sabbac, the champion of the six eponymous demons and rises from the underworld to claim his throne.
When Sabbac summons the Legions of Hell to terrorize Kahndaq, the people are rallied by Amon, Adrianna, and Karim to repel the undead as the Justice Society unsuccessfully attempts to stop Sabbac. However, Fate creates a magic force field around the ruins preventing his teammates from entering, disclosing that Hawkman's death can be avoided with his sacrifice. As he fights Sabbac alone, Fate uses astral projection to release Adam while talking to him in his cryo sleep. Sabbac kills Fate, and as a result, it dissolves the force field. Hawkman immediately enters to face Sabbac while Atom Smasher and Cyclone help protect the civilians. Sabbac quickly overpowers Hawkman, but Adam arrives just in time to join the fight. With aid from Hawkman using Fate's helmet, Adam kills Sabbac, and the Justice Society departs on good terms with Adam, who accepts his new role as Kahndaq's protector after destroying the old throne and adopting a new name: Black Adam.
In a mid-credits scene, Waller communicates with a defiant Adam and warns him against leaving Kahndaq. Afterwards, Superman arrives and suggests that they should talk.
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