Almarai Company

Almarai Company

TTADAWUL:2280
41.14
SAR
-0.02
(-0.05%)
2.48EPS
18.20P/E
45.21BMarket Cap
Jan 18Next Earn
Almarai Company
TADAWUL:2280
(Saudi Exchange)

Recent

price

41.14

P/E

ratio

18.20

div

yld

0.00%

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
SAR
6.95
7.97
9.96
11.32
12.72
13.88
14.45
14.06
13.7
14.53
15.66
16.15
19.07
19.88
21.23
22.3
22.95
Revenue per Share
1.27
1.14
1.45
1.52
1.69
1.93
2.17
2.2
2.03
1.83
2.02
1.59
1.79
2.08
2.34
2.48
2.5
Basic EPS, GAAP
2.01
-1.11
-0.4
-0.22
0.46
0.93
-0.06
1.78
1.73
3.12
3.3
3.62
2.54
1.98
2.23
1.09
1.34
Free Cash Flow per Basic Share
0.46
0.52
0.52
0.5
0.6
0.6
0.69
0.72
0.76
0.86
0.86
1
1
1
1
1
- -
Dividend per Share
6.2
6.74
7.57
10.17
10.91
12.06
13.06
14.43
13.96
14.74
15.78
16.22
16.77
17.91
18.9
20.65
20.75
Book Value per Share
5.41
5.91
6.23
8.85
9.56
10.91
12.02
13.38
12.92
13.61
14.56
15.08
15.62
16.77
17.77
19.03
19.12
Tangible Book Value per Share
998
998
993
991
991
994
992
991
989
988
981
982
982
985
988
989
992
Basic Weighted Avg Shares
6,931
7,951
9,883
11,219
12,606
13,795
14,339
13,936
13,558
14,351
15,357
15,850
18,722
19,576
20,980
22,065
22,773
Sales/Revenue/Turnover
21.06
18.98
16.15
15.93
15.85
16.4
18.2
20.4
20.44
18.05
17.09
13.33
13.12
14.27
15.07
14.03
14.02
Operating Margin (%)
64
733
1,066
1,331
1,454
1,588
1,817
1,920
2,140
2,162
2,115
2,138
2,386
2,434
2,413
2,470
2,540
Depreciation Expense
1,264
1,140
1,441
1,502
1,674
1,916
2,148
2,182
2,012
1,812
1,984
1,564
1,760
2,049
2,313
2,456
2,480
Net Income, GAAP
1.95
2.81
3.42
2.72
4.05
3.53
3.34
1.92
3.39
6.29
4.55
5.3
3.83
5.28
6.08
5.36
5.68
Effective Tax Rate (%)
18.24
14.33
14.58
13.39
13.28
13.89
14.98
15.66
14.84
12.62
12.92
9.86
9.4
10.47
11.03
11.13
10.89
Profit Margin (%)
282
-228
-118
1,628
869
1,325
466
959
1,575
1,600
2,614
478
3,043
3,268
2,946
2,999
3,762
Working Capital
4,301
5,717
7,255
8,180
7,737
9,335
10,128
11,043
12,062
11,233
10,420
7,433
8,841
8,868
9,298
11,394
12,884
LT Debt
6,185
6,778
8,171
10,764
11,631
12,585
13,478
14,827
14,463
15,259
16,234
16,618
16,983
17,809
18,791
20,527
20,630
Total Equity
13.7
11.92
10.58
9.33
9.16
9.64
9.87
9.4
8.43
7.96
8.4
6.9
8.04
8.85
9.38
9.16
8.86
Return on Invested Capital (%)
13.08
10.21
10.44
9.2
8.92
10.18
10.12
9.76
8.56
8.21
8.78
6.91
8
9.09
9.56
9.25
9
Return on Capital (%)
21.82
17.66
20.19
16.98
15.92
16.72
17.13
15.88
14.22
12.7
13.08
9.83
10.73
11.89
12.64
12.49
12.3
Return on Common Equity (%)

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
1,645
1,675
1,485
LT Borrowings
10,952
12,022
12,451
LT Finance Leases
442
441
433
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
994
994
994
Market Capitalization
43,000
43,636
45,207

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
9,392
11,472
11,232
Cash, Cash Equivalents & STI
523
1,620
496
Accounts Receivable, Net
1,973
4,069
3,908
Inventories
6,166
5,752
6,814
Total Current Liabilities
6,392
7,139
7,470
Payables & Accruals
- -
- -
- -
ST Debt
1,645
1,675
1,485
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
5.07%
4.84%
9.24%
Free Cash Flow
-313.41%
-15.97%
-51.14%
Net Income, GAAP
3.24%
5.37%
6.18%
Sales/Revenue/Turnover
4.95%
7.65%
5.17%
Total Cash Common Dividend
5.3%
3.22%
-0.14%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,459
5,155
5,209
5,157
20,980
2025
5,767
5,288
- -
5,457
22,065
2026
6,160
5,868
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.7
0.63
0.58
0.43
2.34
2025
0.74
0.65
- -
0.46
2.48
2026
0.74
0.64
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
- -
Business
Almarai Company (2280.SR), founded in 1977 and headquartered in Riyadh, Saudi Arabia, operates as the world's largest vertically integrated dairy company and the Middle East and North Africa's leading food and beverage manufacturer and distributor. The company produces and distributes a comprehensive range of products across dairy, juice, bakery, poultry, and other categories; these include fresh dairy such as milk and laban, long-life dairy and foods like UHT milk, yogurt, cheese, and infant formula under brands including Almarai, Nuralac, and Almarai YOGO; juices, nectars, drinks, and children's beverages under Teeba, Beyti, and Almarai brands; bakery items via L’usine, 7DAYS, and Bakemart; poultry products encompassing whole birds, portions, and value-added items under Alyoum; as well as dates, seafood, and emerging bottled water brands Ival and Oska. Almarai serves over 42 million consumers through more than 220,000 points of sale in seven countries, primarily across the GCC, Egypt, and Jordan, with market leadership in key dairy, juice, bakery, and poultry segments; it maintains advanced facilities including mega-farms in Al Kharj, processing plants, and logistics networks emphasizing sustainability, quality testing, and innovation. In June 2025, Almarai agreed to acquire Pure Beverages Industry Company for SAR 1.04 billion to expand into Saudi Arabia's bottled water market with premium brands Ival and Oska, financed internally and pending regulatory approvals; earlier in 2025, a planned SAR 263 million acquisition of Hammoudeh Food Industries was cancelled due to unmet conditions; the company continues investments in production capacity, supply chain optimization, and product diversification as outlined in its 2024 annual report.