1. Saudi Arabia Stocks

  2. •

    Non-energy minerals

  3. •

    Steel
Arabian Pipes Co.

Arabian Pipes Co.

TTADAWUL:2200
4.44
SAR
-0.32
(-6.72%)
0.25EPS
20.74P/E
1.31BMarket Cap
Nov 04Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
1.53
1.54
1.49
1.46
2.24
2.79
2.91
1.45
1.55
1.92
4.36
4.55
3.5
2.82
Basic EPS, GAAP
0.04
-0.21
-0.19
0.02
0.02
-0.49
0.12
-0.78
-0.24
-0.04
0.53
0.67
0.44
0.25
Free Cash Flow per Basic Share
0.39
-0.09
0.33
-0.13
-0.45
0.24
0.22
-0.34
1.2
-0.22
-0.07
0.33
0.85
0.81
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.09
- -
Book Value per Share
2.84
2.63
2.45
2.47
2.49
1.5
1.45
0.66
0.42
0.41
0.93
1.61
1.95
1.93
Tangible Book Value per Share
2.84
2.63
2.45
2.47
2.49
1.5
1.45
0.66
0.42
0.4
0.92
1.59
1.95
1.93
Basic Weighted Avg Shares
250
250
250
250
250
250
250
250
250
250
250
250
250
257
Sales/Revenue/Turnover
383
385
373
365
560
698
727
362
389
479
1,089
1,138
874
725
Operating Margin (%)
-4.54
-7.06
-5.72
7.05
6.13
-13.13
8.61
-47.03
-9.69
1.84
17.79
20.93
16.9
10.42
Depreciation Expense
- -
- -
- -
- -
- -
- -
28
30
29
33
35
39
39
38
Net Income, GAAP
10
-52
-46
4
5
-123
30
-195
-60
-10
132
168
110
65
Effective Tax Rate (%)
53.25
- -
- -
58.03
54.2
- -
12.94
- -
- -
- -
9.68
4.48
5.92
10.48
Profit Margin (%)
2.52
-13.59
-12.46
1.18
0.95
-17.57
4.16
-53.99
-15.47
-2.19
12.13
14.77
12.64
8.96
Working Capital
401
291
284
283
264
12
6
-174
-248
-145
-26
200
259
266
LT Debt
- -
- -
- -
- -
- -
- -
25
18
19
78
44
71
23
22
Total Equity
711
659
612
616
622
374
363
166
106
101
233
401
488
483
Return on Invested Capital (%)
-1.04
- -
- -
1.65
2.46
- -
6.7
- -
- -
- -
26.59
29.1
17.76
11.36
Return on Capital (%)
2.74
- -
- -
1.95
2.76
- -
6.66
- -
- -
- -
27.35
29.53
19.18
12.83
Return on Common Equity (%)
1.37
-7.64
-7.31
0.7
0.86
-24.65
8.21
-73.83
-44.21
-10.13
79
53.02
24.84
13.87

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
108
153
44
LT Borrowings
- -
- -
- -
LT Finance Leases
23
23
22
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
250
250
250
Market Capitalization
946
1,162
1,310

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
444
520
390
Cash, Cash Equivalents & STI
15
66
64
Accounts Receivable, Net
39
109
78
Inventories
202
171
109
Total Current Liabilities
185
233
125
Payables & Accruals
- -
- -
- -
ST Debt
108
153
44
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.79%
36.66%
21.63%
Free Cash Flow
-137.39%
-210.84%
157.33%
Net Income, GAAP
-489.16%
-303.67%
-34.31%
Sales/Revenue/Turnover
16.92%
27.86%
-23.21%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
311
346
322
168
1,138
2025
249
254
233
137
874
2026
195
160
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
0.23
0.18
0.05
0.67
2025
0.16
0.14
0.11
0.03
0.44
2026
0.08
0.03
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.09
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Ahmed bin Ali Abdul Karim Al-Luhaidan
Full Time Employees
380
Sector
Non-energy minerals
Industry
Steel
Address
Riyadh Third Industrial City Riyadh Riyadh Province Saudi Arabia 11551
IPO Date
Jun 17, 2003
Website
arabian-pipes.com
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Business
Arabian Pipes Company specializes in the manufacturing and distribution of welded steel pipe solutions, serving vital infrastructure and industrial sectors across the Kingdom of Saudi Arabia. The firm supplies a diverse range of products, including high-frequency welded (HFW) and longitudinal submerged arc-welwelded (LSAW) steel pipes, which are essential for applications in the oil and gas, petrochemical, construction, agricultural, and water industries. Beyond production, its capabilities extend to comprehensive services such as external and internal pipe coating, precision threading for casing pipes, and steel coil slitting. Operating from its facilities in Riyadh and Jubail, the company plays a significant role in pipeline development and material supply throughout the Middle East and North Africa region. Founded in 1991, Arabian Pipes Company maintains its primary operational base in Riyadh, Saudi Arabia, and has recently secured substantial supply agreements with major industry players like Saudi Aramco.