Gas Arabian Services Co

Gas Arabian Services Co

TTADAWUL:4146
13.59
SAR
+0.05
(+0.37%)
1.02EPS
17.24P/E
2.78BMarket Cap
Oct 29Next Earn
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.45
3.14
4.57
6.94
9.14
9.67
Basic EPS, GAAP
0.38
0.43
0.52
0.72
0.96
1.02
Free Cash Flow per Basic Share
-0.11
0.4
0.16
0.84
0.15
0.96
Dividend per Share
0.19
0.2
0.23
0.45
0.43
0.2
Book Value per Share
1.76
2.01
2.28
2.57
3.06
3.28
Tangible Book Value per Share
1.76
2.01
2.28
2.57
3.06
3.28
Basic Weighted Avg Shares
158
158
158
158
158
158
Sales/Revenue/Turnover
386
496
722
1,093
1,440
1,525
Operating Margin (%)
9.67
8.59
6.25
7.58
7.38
7.25
Depreciation Expense
4
5
7
13
40
46
Net Income, GAAP
60
67
81
114
151
162
Effective Tax Rate (%)
7.15
8.34
7.69
3.94
3.05
3.23
Profit Margin (%)
15.54
13.58
11.29
10.43
10.47
10.6
Working Capital
171
203
207
198
177
214
LT Debt
1
- -
2
3
4
5
Total Equity
278
317
361
404
483
516
Return on Invested Capital (%)
- -
21.56
21.93
27.4
31.53
30.64
Return on Capital (%)
- -
22.31
23.98
29.55
33.68
32.76
Return on Common Equity (%)
- -
22.64
24.04
29.79
34
33.85

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
2
64
29
LT Borrowings
- -
- -
- -
LT Finance Leases
4
6
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
158
158
158
Market Capitalization
2,061
2,206
2,785

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
767
776
650
Cash, Cash Equivalents & STI
82
98
26
Accounts Receivable, Net
446
338
350
Inventories
57
44
46
Total Current Liabilities
590
599
437
Payables & Accruals
- -
- -
- -
ST Debt
2
64
29
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
19.32%
Free Cash Flow
- -
- -
-82.34%
Net Income, GAAP
- -
- -
32.32%
Sales/Revenue/Turnover
- -
- -
31.77%
Total Cash Common Dividend
- -
- -
-4.45%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
213
268
288
324
1,093
2025
322
320
389
410
1,440
2026
361
364
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.15
0.22
0.21
0.72
2025
0.2
0.25
0.24
0.27
0.96
2026
0.24
0.27
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.15
- -
0.45
2025
0.23
- -
0.2
- -
0.43
2026
- -
- -
- -
- -
- -

Company Description

CEO
Faisal Khalid Al Dabal
Full Time Employees
2,255
Sector
Industrial services
Industry
Oilfield services/Equipment
Address
Unit no. 8500 Dammam EP Saudi Arabia 32241-5150
IPO Date
Feb 7, 2022
Business
Gas Arabian Services Co. (4146.SR) provides integrated technical solutions including automation, instrumentation, field services, mechanical, piping and static equipment, and project management services to the oil and gas, petrochemical, electrical, steel, water and desalination, and mining industries primarily in the Kingdom of Saudi Arabia. The company operates through three main segments: Technical Services, which supplies technical manpower and executes engineering projects; Trading, which sells industrial, electrical, mechanical, hydromechanical, petroleum, and other technical equipment; and Manufacturing, which produces piping spools, structural steel fabrications, pressure reduction stations, and related industrial products. It maintains eight joint ventures with global partners such as Yokogawa, Elliott, FS-Elliott, Elster Instromet, and Weidmüller, enhancing its offerings in services and manufacturing, and serves major clients including Saudi Aramco, SABIC, and Saudi Electricity Company from its headquarters in Dammam, where it was founded in 1992. In November 2025, Gas Arabian Services signed binding agreements to acquire a 12.90% stake in EagleBurgmann Saudi Arabia Co. Ltd. for SAR 48.7 million and a 40% stake in TCR Arabia Co. Ltd. for SAR 17.1 million from Future Prospects for Operation and Maintenance Co., aiming to deepen integration in sealing solutions, manufacturing, non-destructive testing, and metallurgical services while diversifying revenue streams. Recent milestones include securing two contracts with Saudi Aramco for the third phase of the Master Gas System Expansion project and expanding the Weidmüller Saudi Arabian factory, aligning with Saudi Vision 2030 through localized manufacturing, high IKTVA scores, and training programs for Saudi nationals.