1. Saudi Arabia Stocks

  2. •

    Utilities

  3. •

    Electric utilities
Saudi Energy Co.

Saudi Energy Co.

TTADAWUL:5110
14.58
SAR
-0.48
(-3.19%)
3.23EPS
5.52P/E
74.17BMarket Cap
Nov 11Next 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
8.58
9.28
9.97
11.97
12.16
15.38
15.61
16.49
16.64
17.3
18.08
21.28
24.53
25.72
Basic EPS, GAAP
0.73
0.87
0.37
1.09
1.66
0.42
0.33
0.73
3.45
3.63
2.46
1.65
3.11
3.23
Free Cash Flow per Basic Share
-9.17
-4.64
-6.05
-6.14
-1.53
6.03
1.01
1.13
4.83
2.99
0.04
-4.04
-9.3
-7.6
Dividend per Share
0.13
0.13
0.13
0.13
0.13
- -
0.18
0.17
0.7
0.7
0.69
0.7
0.7
0.7
Book Value per Share
13.51
14.22
14.69
15.74
17.35
17.68
17.66
59.47
60.39
61.69
61.52
60.33
61.85
61.76
Tangible Book Value per Share
13.51
14.22
14.6
15.65
17.27
17.57
17.54
59.35
60.29
61.61
61.45
60.28
61.47
61.22
Basic Weighted Avg Shares
4,159
4,146
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,167
4,168
Sales/Revenue/Turnover
35,672
38,491
41,539
49,861
50,685
64,064
65,040
68,709
69,338
72,079
75,330
88,666
102,218
107,195
Operating Margin (%)
5.55
9.7
3.83
12.92
19.74
7.15
9.53
10.83
25.89
23.45
17.61
11.67
18.76
19.05
Depreciation Expense
11,730
13,560
14,934
13,477
15,769
- -
18,872
18,941
19,758
19,339
18,971
20,840
22,529
23,426
Net Income, GAAP
3,036
3,607
1,544
4,545
6,908
1,757
1,388
3,026
14,391
15,135
10,249
6,867
12,975
13,446
Effective Tax Rate (%)
- -
- -
- -
0.04
3.3
3.28
13.72
- -
3.04
2.67
3.29
2.66
2.63
2.67
Profit Margin (%)
8.51
9.37
3.72
9.12
13.63
2.74
2.13
4.4
20.75
21
13.61
7.74
12.69
12.54
Working Capital
-5,951
-7,992
-87,720
-114,236
-113,090
-117,173
-111,181
-25,342
-31,152
-12,041
-23,879
-21,188
-58,050
-40,877
LT Debt
64,990
86,121
105,555
111,862
129,368
- -
139,567
100,368
84,670
80,878
85,292
131,208
165,743
212,995
Total Equity
56,276
59,242
61,200
65,598
72,309
73,678
73,570
247,775
251,624
257,051
256,318
251,372
257,684
257,343
Return on Invested Capital (%)
1.68
0.8
1
3.61
4.65
3.99
3.69
- -
4.74
4.92
3.82
3.03
4.38
4.15
Return on Capital (%)
2.52
2.6
0.97
3.44
4.57
3.95
3.56
- -
4.65
4.96
3.89
3.09
4.4
4.17
Return on Common Equity (%)
5.53
6.24
2.56
7.17
10.02
2.41
1.88
1.88
5.76
5.95
3.99
2.71
5.1
5.2

Capital Structure

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
34,124
17,448
21,172
LT Borrowings
165,454
190,422
212,791
LT Finance Leases
289
239
204
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4,167
4,167
4,167
Market Capitalization
58,541
70,540
74,165

Working Capital

SAR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
41,918
40,131
47,027
Cash, Cash Equivalents & STI
1,258
3,209
2,316
Accounts Receivable, Net
25,417
19,934
21,527
Inventories
1,546
1,512
1,603
Total Current Liabilities
99,968
85,922
87,905
Payables & Accruals
- -
- -
- -
ST Debt
34,124
17,448
21,172
Deferred Revenue
- -
- -
- -

Growth Rates

SAR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
25.99%
0.8%
2.51%
Free Cash Flow
-959.27%
-1,790.43%
130.36%
Net Income, GAAP
67.34%
80.9%
88.95%
Sales/Revenue/Turnover
9.76%
8.47%
15.28%
Total Cash Common Dividend
- -
61.83%
-0.05%

Quarterly Revenue

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15,858
22,379
28,316
22,112
88,666
2025
19,500
27,722
31,047
23,948
102,218
2026
21,336
30,864
- -
- -
- -

Quarterly Earnings Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.22
1.04
1.66
-1.27
1.65
2025
0.23
1.27
1.28
0.33
3.11
2026
0.44
1.17
- -
- -
- -

Quarterly Dividends Per Share

SAR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.7
- -
- -
0.7
2025
- -
0.7
- -
- -
0.7
2026
- -
0.7
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Khaled bin Salim Al Ghamdi
Full Time Employees
36,432
Sector
Utilities
Industry
Electric utilities
Address
SEC Building Riyadh Riyadh Province Saudi Arabia 11416
IPO Date
Jun 8, 2002
Website
se.com.sa
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Business
Saudi Electricity Company (5110.SR) operates as the primary electric utility in the Kingdom of Saudi Arabia, engaging in the generation, transmission, and distribution of electricity to residential, commercial, industrial, and governmental customers nationwide. The company offers core services including power generation through a diverse portfolio of thermal, gas-fired, combined-cycle, solar, and wind power plants; high-voltage transmission networks spanning over 50,000 kilometers; and distribution networks serving more than 9 million customer accounts across all regions of Saudi Arabia. Its product offerings encompass retail electricity supply, demand-side management programs, smart metering solutions, and renewable energy projects under the Saudi Vision 2030 framework; no major subsidiaries or parent entities are reported. Founded in 2000 and headquartered in Riyadh, Saudi Arabia, the company maintains operations exclusively within the Kingdom, with a focus on the wholesale electricity market managed through the Saudi Arabian Power Purchasing Company (SAPPCO) and regional distribution units. It serves as the dominant player in Saudi Arabia's electric power sector, targeting a broad customer base while supporting national electrification goals and industrial growth in sectors such as petrochemicals, mining, and desalination. In recent developments, Saudi Electricity Company completed the acquisition of several regional distribution companies from the Saudi government in 2024, consolidating its control over electricity distribution assets valued at over SAR 50 billion. The company announced a major strategic partnership with ACWA Power in early 2025 for the development of 5 GW of additional renewable energy capacity, including solar and wind projects aligned with the National Renewable Energy Program. Additionally, it launched a SAR 20 billion capital investment program in mid-2025 to expand smart grid infrastructure and integrate battery storage systems, marking a shift toward enhanced operational efficiency and sustainability targets.