Nebras Energy

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Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	2.92B	2.92B	2.84B	2.65B	2.38B
Operating Income	731.23M	761.37M	819.03M	869.91M	789.39M
Interest Income	355.30M	444.64M	500.81M	413.34M	247.33M
Interest Expense	-366.58M	-437.34M	-500.47M	-275.56M	-114.77M
Pretax Income	1.41B	1.44B	1.56B	1.75B	1.49B
Income Tax	41.75M	3.88M	-6.04M	2.34M	—
Net Income	1.36B	1.42B	1.55B	1.71B	1.47B
EBITDA	1.06B	1.10B	1.16B	1.16B	1.07B
Operations & Maintenance	1.62M	3.49M	2.65M	3.54M	1.20M
Utility Operating Expenses	2.19B	2.16B	2.02B	1.78B	1.59B
EPS (Basic)	1.24	1.29	1.41	1.56	1.33
EPS (Diluted)	1.24	1.29	1.41	1.56	1.33
DPS	0.75	0.78	0.86	0.95	0.80
Margins & Efficiency
EBITDA Margin %	+36.3%	+37.9%	+41.0%	+44.0%	+45.1%
Net Margin %	+46.5%	+48.5%	+54.7%	+64.7%	+61.7%
Revenue & Income
Revenue	2.92B	2.92B	2.84B	2.65B	2.38B
Revenue as Reported	2.98B	3.00B	2.91B	2.72B	2.47B
Revenue Growth (YoY)	+0.2%	+2.9%	+7.2%	+11.1%	-3.8%
Interest Income	355.30M	444.64M	500.81M	413.34M	247.33M
Income (Loss) on Equity Investments	696.33M	680.16M	672.28M	669.42M	570.12M
Gain (Loss) on Sale of Assets	—	—	77.65M	-86.08M	—
Gain (Loss) on Sale of Investments	—	—	—	50.95M	—
Currency Exchange Gain (Loss)	18.28M	-0.48M	—	—	—
Expenses & Provisions
Selling, General & Admin	79.49M	74.88M	84.90M	49.61M	36.00M
Total Operating Expenses	2.19B	2.16B	2.02B	1.78B	1.59B
Interest Expense	-366.58M	-437.34M	-500.47M	-275.56M	-114.77M
Other Non-Operating Income (Expenses)	-21.73M	-7.35M	-7.83M	-13.31M	-1.98M
Operations & Maintenance	1.62M	3.49M	2.65M	3.54M	1.20M
Provision for Bad Debts	—	6.18M	—	—	—
Asset Writedown	—	—	—	-83.09M	—
D&A For EBITDA	331.65M	343.26M	345.11M	294.90M	283.29M
Depreciation & Amortization	14.75M	13.98M	12.45M	13.90M	5.90M
Amortization of Goodwill & Intangibles	7.47M	7.78M	7.83M	7.74M	7.65M
Profitability & Returns
EBIT	731.23M	761.37M	819.03M	869.91M	789.39M
EBIT Margin	+25.0%	+26.1%	+28.9%	+32.9%	+33.2%
EBITDA	1.06B	1.10B	1.16B	1.16B	1.07B
EBITDA Margin	+36.3%	+37.9%	+41.0%	+44.0%	+45.1%
EBT Excluding Unusual Items	1.41B	1.44B	1.48B	1.66B	1.49B
Pretax Income	1.41B	1.44B	1.56B	1.75B	1.49B
Operating Income	731.23M	761.37M	819.03M	869.91M	789.39M
Profit Margin	+46.5%	+48.5%	+54.7%	+64.7%	+61.7%
Net Income	1.36B	1.42B	1.55B	1.71B	1.47B
Net Income to Common	1.36B	1.42B	1.55B	1.71B	1.47B
Net Income to Company	1.37B	1.44B	1.56B	1.75B	1.49B
Net Income Growth	-3.9%	-8.7%	-9.3%	+16.6%	+26.8%
Earnings From Continuing Ops.	1.37B	1.44B	1.57B	1.75B	1.49B
Earnings From Discontinued Ops.	-0.42M	-0.63M	-7.16M	3.22M	—
Minority Interest in Earnings	-9.68M	-20.45M	-8.92M	-39.64M	-22.23M
Income Tax Expense	41.75M	3.88M	-6.04M	2.34M	—
Effective Tax Rate	+3.0%	+0.3%	—	+0.1%	—
Net Interest Expense	-11.28M	7.30M	0.34M	137.78M	132.56M
Per Share & Capital
EPS (Basic)	1.24	1.29	1.41	1.56	1.33
EPS (Diluted)	1.24	1.29	1.41	1.56	1.33
EPS Growth	-3.9%	-8.7%	-9.3%	+16.6%	+26.8%
Dividend Per Share	0.75	0.78	0.86	0.95	0.80
Shares Outstanding (Basic)	1.10B	1.10B	1.10B	1.10B	1.10B
Shares Outstanding (Diluted)	1.10B	1.10B	1.10B	1.10B	1.10B
Dividend Growth	-3.8%	-9.3%	-9.5%	+18.8%	+27.0%
Free Cash Flow	0.77B	0.89B	1.04B	1.22B	1.19B
Free Cash Flow Margin	+26.3%	+30.3%	+36.8%	+45.9%	+50.1%
Free Cash Flow Per Share	0.70	0.81	0.95	1.11	1.09
Payout Ratio	+62.6%	+86.2%	+67.2%	+51.4%	+47.6%
Supplemental
Other Operating Expenses	2.09B	2.05B	1.91B	1.70B	1.54B
Other Unusual Items	—	—	—	204.00M	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (QAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	2.92B	2.92B	2.84B	2.65B	2.38B
Operating Income	731.23M	761.37M	819.03M	869.91M	789.39M
Interest Income	355.30M	444.64M	500.81M	413.34M	247.33M
Interest Expense	-366.58M	-437.34M	-500.47M	-275.56M	-114.77M
Pretax Income	1.41B	1.44B	1.56B	1.75B	1.49B
Income Tax	41.75M	3.88M	-6.04M	2.34M	—
Net Income	1.36B	1.42B	1.55B	1.71B	1.47B
EBITDA	1.06B	1.10B	1.16B	1.16B	1.07B
Operations & Maintenance	1.62M	3.49M	2.65M	3.54M	1.20M
Utility Operating Expenses	2.19B	2.16B	2.02B	1.78B	1.59B
EPS (Basic)	1.24	1.29	1.41	1.56	1.33
EPS (Diluted)	1.24	1.29	1.41	1.56	1.33
DPS	0.75	0.78	0.86	0.95	0.80
Margins & Efficiency
EBITDA Margin %	+36.3%	+37.9%	+41.0%	+44.0%	+45.1%
Net Margin %	+46.5%	+48.5%	+54.7%	+64.7%	+61.7%
Revenue & Income
Revenue	2.92B	2.92B	2.84B	2.65B	2.38B
Revenue as Reported	2.98B	3.00B	2.91B	2.72B	2.47B
Revenue Growth (YoY)	+0.2%	+2.9%	+7.2%	+11.1%	-3.8%
Interest Income	355.30M	444.64M	500.81M	413.34M	247.33M
Income (Loss) on Equity Investments	696.33M	680.16M	672.28M	669.42M	570.12M
Gain (Loss) on Sale of Assets	—	—	77.65M	-86.08M	—
Gain (Loss) on Sale of Investments	—	—	—	50.95M	—
Currency Exchange Gain (Loss)	18.28M	-0.48M	—	—	—
Expenses & Provisions
Selling, General & Admin	79.49M	74.88M	84.90M	49.61M	36.00M
Total Operating Expenses	2.19B	2.16B	2.02B	1.78B	1.59B
Interest Expense	-366.58M	-437.34M	-500.47M	-275.56M	-114.77M
Other Non-Operating Income (Expenses)	-21.73M	-7.35M	-7.83M	-13.31M	-1.98M
Operations & Maintenance	1.62M	3.49M	2.65M	3.54M	1.20M
Provision for Bad Debts	—	6.18M	—	—	—
Asset Writedown	—	—	—	-83.09M	—
D&A For EBITDA	331.65M	343.26M	345.11M	294.90M	283.29M
Depreciation & Amortization	14.75M	13.98M	12.45M	13.90M	5.90M
Amortization of Goodwill & Intangibles	7.47M	7.78M	7.83M	7.74M	7.65M
Profitability & Returns
EBIT	731.23M	761.37M	819.03M	869.91M	789.39M
EBIT Margin	+25.0%	+26.1%	+28.9%	+32.9%	+33.2%
EBITDA	1.06B	1.10B	1.16B	1.16B	1.07B
EBITDA Margin	+36.3%	+37.9%	+41.0%	+44.0%	+45.1%
EBT Excluding Unusual Items	1.41B	1.44B	1.48B	1.66B	1.49B
Pretax Income	1.41B	1.44B	1.56B	1.75B	1.49B
Operating Income	731.23M	761.37M	819.03M	869.91M	789.39M
Profit Margin	+46.5%	+48.5%	+54.7%	+64.7%	+61.7%
Net Income	1.36B	1.42B	1.55B	1.71B	1.47B
Net Income to Common	1.36B	1.42B	1.55B	1.71B	1.47B
Net Income to Company	1.37B	1.44B	1.56B	1.75B	1.49B
Net Income Growth	-3.9%	-8.7%	-9.3%	+16.6%	+26.8%
Earnings From Continuing Ops.	1.37B	1.44B	1.57B	1.75B	1.49B
Earnings From Discontinued Ops.	-0.42M	-0.63M	-7.16M	3.22M	—
Minority Interest in Earnings	-9.68M	-20.45M	-8.92M	-39.64M	-22.23M
Income Tax Expense	41.75M	3.88M	-6.04M	2.34M	—
Effective Tax Rate	+3.0%	+0.3%	—	+0.1%	—
Net Interest Expense	-11.28M	7.30M	0.34M	137.78M	132.56M
Per Share & Capital
EPS (Basic)	1.24	1.29	1.41	1.56	1.33
EPS (Diluted)	1.24	1.29	1.41	1.56	1.33
EPS Growth	-3.9%	-8.7%	-9.3%	+16.6%	+26.8%
Dividend Per Share	0.75	0.78	0.86	0.95	0.80
Shares Outstanding (Basic)	1.10B	1.10B	1.10B	1.10B	1.10B
Shares Outstanding (Diluted)	1.10B	1.10B	1.10B	1.10B	1.10B
Dividend Growth	-3.8%	-9.3%	-9.5%	+18.8%	+27.0%
Free Cash Flow	0.77B	0.89B	1.04B	1.22B	1.19B
Free Cash Flow Margin	+26.3%	+30.3%	+36.8%	+45.9%	+50.1%
Free Cash Flow Per Share	0.70	0.81	0.95	1.11	1.09
Payout Ratio	+62.6%	+86.2%	+67.2%	+51.4%	+47.6%
Supplemental
Other Operating Expenses	2.09B	2.05B	1.91B	1.70B	1.54B
Other Unusual Items	—	—	—	204.00M	—