Saudi Arabian Oil Co.

Saudi Arabian Oil Co.

TTADAWUL:2222
25.40
SAR
-0.18
(-0.70%)
1.71EPS
15.27P/E
6.32TMarket Cap
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.09
4.09
5.57
5.11
3.56
6.21
9.37
7.67
7.45
6.91
7.81
Basic EPS, GAAP
0.2
1.17
1.72
1.37
0.76
1.63
2.47
1.87
1.63
1.44
1.71
Free Cash Flow per Basic Share
0.45
1.38
1.87
1.72
1.18
2.16
2.89
2.22
2.1
2.11
2.01
Dividend per Share
0.05
0.78
0.9
1.13
1.08
1.16
1.16
1.52
1.93
1.32
1.4
Book Value per Share
3
3.36
4.2
4.28
4.1
4.6
5.99
6.34
6.03
6.17
6.49
Tangible Book Value per Share
2.98
3.33
4.17
4.24
3.5
4.02
5.41
5.75
5.44
5.57
5.9
Basic Weighted Avg Shares
242,000
242,000
242,000
241,992
241,860
241,887
241,907
241,933
241,894
241,882
231,961
Sales/Revenue/Turnover
504,596
990,659
1,347,017
1,236,785
862,091
1,501,758
2,266,373
1,856,373
1,801,674
1,671,204
1,812,465
Operating Margin (%)
63.29
58.84
59.27
54.57
44.47
51.4
50.48
46.77
43.65
44.23
44
Depreciation Expense
33,615
37,175
41,334
50,266
76,208
85,521
91,618
97,040
91,679
93,091
86,422
Net Income, GAAP
48,349
283,198
416,196
330,816
184,926
395,203
597,215
452,753
393,891
348,042
396,739
Effective Tax Rate (%)
83.7
51.05
47.8
50.4
50.66
46.41
47.61
48.79
49.05
50.17
47.52
Profit Margin (%)
9.58
28.59
30.9
26.75
21.45
26.32
26.35
24.39
21.86
20.83
21.89
Working Capital
52,276
104,153
198,947
192,625
155,668
307,413
526,445
414,169
266,133
297,928
347,417
LT Debt
43,477
68,692
71,329
150,690
436,920
436,371
318,380
226,481
261,733
308,466
308,365
Total Equity
735,346
826,314
1,028,435
1,046,235
1,101,094
1,280,668
1,666,147
1,737,092
1,651,355
1,721,744
1,795,831
Return on Invested Capital (%)
- -
32.13
38.59
26.97
12.78
23.24
29.63
20.81
19.01
16.79
18.58
Return on Capital (%)
- -
33.43
41.05
28.4
13.38
22.43
30.91
22.27
19.75
17.33
19.6
Return on Common Equity (%)
- -
36.82
45.47
32.25
18.26
37.56
46.62
30.35
26.32
23.59
26.07

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
55,151
56,166
46,871
LT Borrowings
252,800
267,898
258,190
LT Finance Leases
55,666
55,443
50,175
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
241,907
241,907
241,907
Market Capitalization
5,764,653
6,628,263
6,318,621

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
596,277
682,760
693,741
Cash, Cash Equivalents & STI
288,371
283,747
229,477
Accounts Receivable, Net
165,444
211,706
203,349
Inventories
70,542
93,814
99,960
Total Current Liabilities
298,349
356,156
346,324
Payables & Accruals
- -
- -
- -
ST Debt
55,151
56,166
46,871
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
10%
4.26%
Free Cash Flow
- -
17.76%
0.38%
Net Income, GAAP
- -
23.2%
-11.64%
Sales/Revenue/Turnover
- -
19.37%
-7.24%
Total Cash Common Dividend
- -
- -
-31.22%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
437,847
470,611
464,625
428,591
1,801,674
2025
429,612
407,142
- -
416,290
1,671,204
2026
467,236
521,797
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.43
0.44
0.4
0.36
1.63
2025
0.4
0.35
- -
0.35
1.44
2026
0.5
0.5
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.48
0.48
0.48
0.48
1.93
2025
0.33
0.33
- -
0.4
1.32
2026
0.34
0.34
- -
- -
- -

Company Description

CEO
Amin bin Hasan Al-Nasser
Full Time Employees
76,664
Sector
Energy minerals
Industry
Integrated oil
Address
PO Box 5000 Dhahran Eastern Province Saudi Arabia 31311
IPO Date
Dec 11, 2019
Website
aramco.com
Business
Saudi Arabian Oil Company (Aramco), founded in 1933 and headquartered in Dhahran, Saudi Arabia, stands as one of the world's largest integrated energy and chemicals companies, managing vast hydrocarbon reserves of approximately 250 billion barrels of oil equivalent and operating in over 50 countries worldwide. The company engages in upstream exploration, development, and production of crude oil (including key grades such as Arab Heavy, Arab Medium, Arab Light, Extra Light Arab, and Arab Super Light), condensate, natural gas, and natural gas liquids from major fields like Ghawar (world's largest onshore) and Safaniya (world's largest offshore); downstream refining, petrochemicals production with a capacity of 57.6 million tons annually encompassing aromatics, olefins, polyolefins, polyols, isocyanates, and synthetic rubber via its 70% stake in SABIC; and midstream activities including gas distribution through extensive pipeline networks, liquefied natural gas (LNG) development, power generation, base oils, lubricants, retail services, and trading across primary markets in Asia, Europe, and North America. Aramco maintains a workforce exceeding 75,000 employees and reported natural gas production of 10.8 billion standard cubic feet per day in 2024, underscoring its role as a low-cost leader in global energy supply under oversight from Saudi Arabia's Ministry of Energy. Recent developments include the completion of an $11.1 billion Jafurah midstream lease-and-leaseback deal with a BlackRock-led consortium in 2025 to support unconventional gas expansion; announcement of 17 memoranda of understanding and agreements worth over $30 billion with U.S. companies in November 2025 focused on LNG, financial services, advanced materials, and procurement; plans to acquire a significant minority stake in AI firm HUMAIN from Saudi Arabia's Public Investment Fund; upward revision of its 2030 sales gas production capacity target to around 80% growth over 2021 levels; and establishment of Fujian Sinopec Aramco Refining & Petrochemical Co. Ltd. to advance Downstream integration.