Nakilat

Qatar Gas Transport Co.

QGTSStocksQatar Stock ExchangeTransportation

Financials

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
Operations
Operating Cash Flow	2.40B	1.46B	1.82B	1.84B	1.71B
Free Cash Flow	0.50B	-2.88B	1.20B	1.75B	1.69B
Capital Expenditures	-1.89B	-4.33B	-0.62B	-0.10B	-0.01B
Investing & Financing
Investing Cash Flow	-1.70B	-2.85B	0.98B	0.14B	-0.08B
Financing Cash Flow	-0.56B	0.63B	-1.95B	-1.80B	-1.82B
Dividends Paid	-0.80B	-1.18B	-0.73B	-0.66B	-0.64B
Operating Activities
Operating Cash Flow	2.40B	1.46B	1.82B	1.84B	1.71B
Net Income	1.69B	1.64B	1.56B	1.44B	1.35B
Change in Accounts Payable	417.95M	-441.79M	274.37M	60.22M	-14.96M
Change in Accounts Receivable	26.76M	107.13M	-60.35M	77.16M	11.98M
Change in Inventory	-0.18M	-0.93M	0.41M	2.43M	-1.80M
Change in Other Net Operating Assets	13.43M	146.25M	96.99M	8.70M	-20.70M
Change in Working Capital	457.96M	-189.34M	311.41M	148.50M	-25.48M
Other Operating Activities	-56.96M	-168.19M	-208.36M	-15.72M	-31.79M
Provision & Write-off of Bad Debts	—	—	—	9.42M	3.79M
Depreciation & Amortization	917.13M	845.00M	941.40M	952.68M	901.41M
Cash Interest Paid	0.97B	1.12B	1.23B	1.05B	1.04B
Loss (Gain) on Equity Investments	-610.06M	-675.36M	-784.92M	-689.37M	-493.56M
Investing Activities
Investing Cash Flow	-1.70B	-2.85B	0.98B	0.14B	-0.08B
Capital Expenditures	-1.89B	-4.33B	-0.62B	-0.10B	-0.01B
Cash Acquisitions	122.61M	—	—	—	—
Investment in Securities	-0.34B	0.83B	1.21B	-1.08B	-0.87B
Other Investing Activities	0.42B	0.65B	0.39B	1.32B	0.80B
Loss (Gain) on Sale of Investments	—	8.03M	—	—	—
Financing Activities
Financing Cash Flow	-0.56B	0.63B	-1.95B	-1.80B	-1.82B
Common Dividends Paid	-0.80B	-1.18B	-0.73B	-0.66B	-0.64B
Issuance of Common Stock	—	—	—	—	1.48M
Long-Term Debt Issued	6.70B	8.75B	2.67B	3.71B	—
Long-Term Debt Repaid	-6.39B	-6.88B	-3.85B	-4.80B	-1.17B
Net Debt Issued (Repaid)	0.30B	1.87B	-1.18B	-1.09B	-1.17B
Other Financing Activities	-62.65M	-57.98M	-42.92M	-55.55M	-16.60M
Free Cash Flow & Returns
Free Cash Flow	0.50B	-2.88B	1.20B	1.75B	1.69B
Free Cash Flow Growth	—	—	-31.2%	+3.1%	-1.2%
Free Cash Flow Margin	+12.5%	-78.4%	+33.1%	+48.4%	+47.2%
Free Cash Flow Per Share	0.09	-0.52	0.22	0.32	0.31
Levered Free Cash Flow	0.13B	-3.29B	0.76B	1.03B	1.39B
Unlevered Free Cash Flow	0.76B	-2.59B	1.54B	1.74B	2.04B
Operating Cash Flow Growth	+64.4%	-19.8%	-1.5%	+8.0%	-6.7%
Net Cash Flow	143.67M	-763.35M	852.83M	185.76M	-199.71M

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
Operations
Operating Cash Flow	2.40B	1.46B	1.82B	1.84B	1.71B
Free Cash Flow	0.50B	-2.88B	1.20B	1.75B	1.69B
Capital Expenditures	-1.89B	-4.33B	-0.62B	-0.10B	-0.01B
Investing & Financing
Investing Cash Flow	-1.70B	-2.85B	0.98B	0.14B	-0.08B
Financing Cash Flow	-0.56B	0.63B	-1.95B	-1.80B	-1.82B
Dividends Paid	-0.80B	-1.18B	-0.73B	-0.66B	-0.64B
Operating Activities
Operating Cash Flow	2.40B	1.46B	1.82B	1.84B	1.71B
Net Income	1.69B	1.64B	1.56B	1.44B	1.35B
Change in Accounts Payable	417.95M	-441.79M	274.37M	60.22M	-14.96M
Change in Accounts Receivable	26.76M	107.13M	-60.35M	77.16M	11.98M
Change in Inventory	-0.18M	-0.93M	0.41M	2.43M	-1.80M
Change in Other Net Operating Assets	13.43M	146.25M	96.99M	8.70M	-20.70M
Change in Working Capital	457.96M	-189.34M	311.41M	148.50M	-25.48M
Other Operating Activities	-56.96M	-168.19M	-208.36M	-15.72M	-31.79M
Provision & Write-off of Bad Debts	—	—	—	9.42M	3.79M
Depreciation & Amortization	917.13M	845.00M	941.40M	952.68M	901.41M
Cash Interest Paid	0.97B	1.12B	1.23B	1.05B	1.04B
Loss (Gain) on Equity Investments	-610.06M	-675.36M	-784.92M	-689.37M	-493.56M
Investing Activities
Investing Cash Flow	-1.70B	-2.85B	0.98B	0.14B	-0.08B
Capital Expenditures	-1.89B	-4.33B	-0.62B	-0.10B	-0.01B
Cash Acquisitions	122.61M	—	—	—	—
Investment in Securities	-0.34B	0.83B	1.21B	-1.08B	-0.87B
Other Investing Activities	0.42B	0.65B	0.39B	1.32B	0.80B
Loss (Gain) on Sale of Investments	—	8.03M	—	—	—
Financing Activities
Financing Cash Flow	-0.56B	0.63B	-1.95B	-1.80B	-1.82B
Common Dividends Paid	-0.80B	-1.18B	-0.73B	-0.66B	-0.64B
Issuance of Common Stock	—	—	—	—	1.48M
Long-Term Debt Issued	6.70B	8.75B	2.67B	3.71B	—
Long-Term Debt Repaid	-6.39B	-6.88B	-3.85B	-4.80B	-1.17B
Net Debt Issued (Repaid)	0.30B	1.87B	-1.18B	-1.09B	-1.17B
Other Financing Activities	-62.65M	-57.98M	-42.92M	-55.55M	-16.60M
Free Cash Flow & Returns
Free Cash Flow	0.50B	-2.88B	1.20B	1.75B	1.69B
Free Cash Flow Growth	—	—	-31.2%	+3.1%	-1.2%
Free Cash Flow Margin	+12.5%	-78.4%	+33.1%	+48.4%	+47.2%
Free Cash Flow Per Share	0.09	-0.52	0.22	0.32	0.31
Levered Free Cash Flow	0.13B	-3.29B	0.76B	1.03B	1.39B
Unlevered Free Cash Flow	0.76B	-2.59B	1.54B	1.74B	2.04B
Operating Cash Flow Growth	+64.4%	-19.8%	-1.5%	+8.0%	-6.7%
Net Cash Flow	143.67M	-763.35M	852.83M	185.76M	-199.71M