1. Saudi Arabia Stocks

  2. •

    Utilities

  3. •

    Electric utilities
ACWA Power

ACWA Power

TTADAWUL:2082
150.00
SAR
-3.90
(-2.53%)
148.62BMarket Cap
Oct 29Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
7.4
7.8
7.14
8.25
8.54
9.89
- -
Basic EPS, GAAP
1.35
1.13
2.09
2.25
2.38
2.47
- -
Free Cash Flow per Basic Share
0.64
1.71
1.83
-0.46
-1.09
0.15
0.97
Dividend per Share
1.66
1.35
0.85
0.96
0.61
0.16
0.16
Book Value per Share
9.3
18.26
25.27
25.94
29.62
37.89
39.22
Tangible Book Value per Share
6.51
15.56
22.52
23.17
26.89
34.61
35.97
Basic Weighted Avg Shares
652
671
738
738
737
750
762
Sales/Revenue/Turnover
4,829
5,235
5,276
6,095
6,297
7,414
- -
Operating Margin (%)
37.59
32.45
38.59
41.01
27.59
28.66
- -
Depreciation Expense
567
621
466
463
523
614
- -
Net Income, GAAP
883
759
1,540
1,662
1,757
1,852
- -
Effective Tax Rate (%)
- -
9.02
15.6
2.93
2.88
7.1
- -
Profit Margin (%)
18.28
14.49
29.19
27.26
27.9
24.98
- -
Working Capital
-1,810
4,582
6,907
6,346
5,475
9,167
8,740
LT Debt
17,335
22,857
22,396
23,617
24,275
28,592
30,045
Total Equity
7,400
14,320
20,028
20,709
24,306
31,651
32,656
Return on Invested Capital (%)
- -
6.42
5.34
6.4
5.97
5.9
- -
Return on Capital (%)
- -
5.22
6.34
6.59
5.69
5.77
- -
Return on Common Equity (%)
- -
7.46
9.58
8.79
8.57
7.28
- -

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2,229
1,958
1,762
LT Borrowings
28,443
29,237
30,045
LT Finance Leases
149
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
766
766
766
Market Capitalization
139,277
132,842
148,623

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
16,371
16,688
17,521
Cash, Cash Equivalents & STI
8,164
7,833
7,246
Accounts Receivable, Net
1,514
5,294
5,560
Inventories
767
764
840
Total Current Liabilities
7,204
8,010
8,782
Payables & Accruals
- -
- -
- -
ST Debt
2,229
1,958
1,762
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
36.87%
30.22%
Free Cash Flow
- -
18.47%
-114.09%
Net Income, GAAP
- -
21.6%
5.42%
Sales/Revenue/Turnover
- -
9.15%
17.73%
Total Cash Common Dividend
- -
-28.77%
-73.21%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,252
1,563
1,747
1,736
6,297
2025
1,967
1,747
- -
2,039
7,414
2026
2,022
2,012
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.4
0.85
0.45
0.68
2.38
2025
0.58
0.65
- -
0.75
2.47
2026
0.45
0.4
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.51
0.01
0.09
0.61
2025
- -
- -
- -
0.03
0.16
2026
0.01
0.12
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Samir J. Serhan
Full Time Employees
3,538
Sector
Utilities
Industry
Electric utilities
Address
Exit 8 Riyadh Riyadh Province Saudi Arabia 11416
IPO Date
Oct 11, 2021
Website
acwapower.com
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Business
ACWA Power Company (Tadawul: 2082) develops, owns, operates, and invests in power generation, water desalination, and renewable energy projects worldwide. The company offers independent water and power projects (IWPPs), independent power projects (IPPs), independent water projects (IWPs), solar photovoltaic plants, wind farms, battery storage systems, and green hydrogen production facilities; it also provides engineering, procurement, and construction (EPC) services, operations and maintenance (O&M) solutions, and development consulting for utilities and infrastructure. ACWA Power operates across 12 countries, including Saudi Arabia, the United Arab Emirates, Jordan, Egypt, Morocco, and South Africa, targeting government utilities, private off-takers, and international energy markets with a focus on sustainable and low-carbon technologies [ from prior]. Founded in 2004 and headquartered in Riyadh, Saudi Arabia, ACWA Power manages a portfolio exceeding 75 gigawatts (GW) of power capacity and over 9 million cubic meters per day (mcmd) of desalination capacity in various stages of operation, construction, and development. The company serves as a key player in the Middle East and Africa's energy transition, with segments spanning conventional thermal power, renewables, and water infrastructure [ from prior]. In the last two years, ACWA Power secured multiple high-profile project awards, including the 6 GW Sudair Solar PV project in Saudi Arabia—the world's largest single-contract solar initiative—and the 2 GW Al-Shuaibah 2 IWP for water desalination. It formed strategic partnerships, such as with China State Construction Engineering Corporation (CSCEC) for renewable developments in Uzbekistan and with Air Products for the $8.4 billion NEOM Green Hydrogen project, one of the largest green hydrogen facilities globally. Additionally, the company expanded through acquisitions like a stake in the Hassyan desalination plant in Dubai and raised financing for projects including the $2.5 billion Sakaka Solar PV initiative, alongside operational ramp-ups in battery storage and green ammonia production [ from prior][ from prior].