Saudi Ground Services Co.

Saudi Ground Services Co.

TTADAWUL:4031
18.93
SAR
-0.62
(-3.17%)
1.13EPS
27.58P/E
5.84BMarket Cap
Nov 02Next Earn
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
- -
13.51
14.51
13.75
13.59
13.51
6.66
8.55
10.52
13.08
14.28
14.52
14.24
Basic EPS, GAAP
- -
3.3
3.65
2.67
1.96
2.25
-2.42
-1.35
-1.3
1.12
1.74
2.15
1.13
Free Cash Flow per Basic Share
- -
3.38
0.58
1.75
1.45
4.52
-2.45
-0.51
-0.16
1.06
1.7
2.65
0.39
Dividend per Share
- -
2.14
1.81
3.25
1.95
1.8
- -
- -
- -
- -
1
2
1
Book Value per Share
13.22
13.99
15.83
15.28
15.3
15.67
13.29
12.05
11.18
12.4
13.37
13.65
13.8
Tangible Book Value per Share
7.97
9.03
10.99
10.56
10.56
10.96
8.78
7.72
7.05
8.43
9.52
9.92
10.14
Basic Weighted Avg Shares
188
188
188
188
188
188
188
188
188
188
188
188
188
Sales/Revenue/Turnover
- -
2,541
2,727
2,586
2,554
2,540
1,252
1,608
1,977
2,459
2,684
2,730
2,677
Operating Margin (%)
- -
23.45
25.84
24.07
17.26
17.8
-22.17
-6.3
-5.12
9.9
15.03
13.45
5.5
Depreciation Expense
- -
149
120
122
141
206
197
170
182
183
184
191
206
Net Income, GAAP
- -
621
686
502
368
423
-454
-254
-244
211
327
405
212
Effective Tax Rate (%)
- -
3.62
4.74
6.24
6.64
6.72
- -
- -
- -
21.93
13.38
5.77
- -
Profit Margin (%)
- -
24.45
25.15
19.4
14.43
16.67
-36.29
-15.82
-12.37
8.6
12.19
14.83
7.9
Working Capital
1,111
1,463
1,855
1,673
1,690
1,681
1,966
1,877
1,676
1,445
1,500
1,455
1,409
LT Debt
- -
- -
- -
- -
- -
130
574
550
527
151
85
117
132
Total Equity
2,485
2,631
2,977
2,872
2,876
2,946
2,499
2,265
2,102
2,331
2,514
2,566
2,594
Return on Invested Capital (%)
- -
23.99
24.14
15.87
12.02
12.81
- -
- -
- -
6.35
9.78
10.85
- -
Return on Capital (%)
- -
24.28
24.46
17.15
12.82
14.36
- -
- -
- -
8.49
12.55
15.3
- -
Return on Common Equity (%)
- -
24.28
24.46
17.15
12.82
14.54
-16.69
-10.68
-11.2
9.54
13.5
15.94
8.25

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
53
75
98
LT Borrowings
- -
- -
- -
LT Finance Leases
117
110
132
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
188
188
188
Market Capitalization
6,824
6,042
5,836

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
2,505
2,593
2,387
Cash, Cash Equivalents & STI
760
913
660
Accounts Receivable, Net
1,059
1,128
1,073
Inventories
9
8
9
Total Current Liabilities
1,050
1,112
978
Payables & Accruals
- -
- -
- -
ST Debt
53
75
98
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
0.13%
0.85%
2.06%
Free Cash Flow
-65.46%
-163.09%
56.15%
Net Income, GAAP
-39.14%
-31.2%
23.75%
Sales/Revenue/Turnover
3.63%
17.33%
1.71%
Total Cash Common Dividend
- -
- -
100.64%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
653
687
669
675
2,684
2025
671
689
683
686
2,730
2026
672
635
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.38
0.42
0.43
0.51
1.74
2025
0.52
0.53
0.54
0.56
2.15
2026
0.32
-0.3
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1
2025
- -
- -
- -
1
2
2026
- -
- -
- -
- -
- -

Company Description

CEO
Mohammed bin Abdel Karim Mazi
Full Time Employees
11,458
Sector
Transportation
Industry
Other transportation
Address
JETA6649, King Abdul Aziz Road Jeddah MC Saudi Arabia 23719-4358
IPO Date
May 28, 2015
Business
Saudi Ground Services Company (4031.SR) provides comprehensive ground handling services at Saudi Arabian airports. The company offers passenger services including check-in, boarding, and baggage handling; ramp services such as aircraft towing, loading/unloading, and lavatory services; cargo handling and warehousing; executive aviation services; and maintenance, repair, and overhaul (MRO) support for ground equipment. These services cater to domestic and international airlines operating at major hubs like King Abdulaziz International Airport in Jeddah, King Khalid International Airport in Riyadh, and Prince Mohammad bin Abdulaziz International Airport in Medina, serving a diverse customer base of commercial carriers, cargo operators, and private jet owners across the Kingdom of Saudi Arabia. Founded in 1980 and headquartered in Jeddah, Saudi Arabia, the company operates as a key player in the aviation services industry with a focus on operational efficiency and safety compliance. In recent developments, Saudi Ground Services Company expanded its capabilities through a strategic partnership with international ground handling leaders to enhance digital transformation initiatives, including the implementation of advanced automation systems for baggage tracking as of mid-2025. The company also secured a significant contract extension with Saudia Group in early 2025, solidifying its position at primary Saudi gateways and enabling fleet-wide service upgrades. Additionally, it launched new premium lounge services at key terminals and invested in sustainable practices, such as electric ground support equipment, reflecting its alignment with Vision 2030 goals for aviation sector growth.