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
Operating Summary
Revenue	4.04B	3.67B	3.63B	3.61B	3.59B
Cost of Revenue	1.03B	0.81B	0.80B	0.76B	0.75B
Gross Profit	3.01B	2.86B	2.83B	2.84B	2.84B
SG&A	130.15M	112.99M	114.15M	112.12M	97.32M
Operating Expenses	1.03B	0.95B	1.05B	1.06B	0.99B
Operating Income	1.98B	1.91B	1.78B	1.78B	1.85B
Interest Income	131.69M	183.92M	242.14M	106.60M	58.29M
Interest Expense	-1.01B	-1.13B	-1.25B	-1.14B	-1.05B
Pretax Income	1.71B	1.64B	1.56B	1.44B	1.35B
Income Tax	23.28M	—	—	—	—
Net Income	1.69B	1.64B	1.56B	1.44B	1.35B
EBITDA	2.90B	2.75B	2.72B	2.73B	2.75B
EBIT	1.98B	1.91B	1.78B	1.78B	1.85B
EPS (Basic)	0.30	0.30	0.28	0.26	0.24
EPS (Diluted)	0.30	0.30	0.28	0.26	0.24
DPS	0.14	0.14	0.14	0.13	0.12
Margins & Efficiency
Gross Margin %	+74.6%	+78.0%	+78.1%	+78.8%	+79.2%
EBITDA Margin %	+71.7%	+74.9%	+74.9%	+75.7%	+76.5%
Net Margin %	+41.8%	+44.6%	+43.0%	+39.9%	+37.7%
Revenue & Income
Revenue	4.04B	3.67B	3.63B	3.61B	3.59B
Revenue as Reported	4.78B	4.53B	4.65B	4.40B	4.14B
Revenue Growth (YoY)	+10.1%	+1.2%	+0.6%	+0.4%	+0.7%
Operating Revenue	4.04B	3.67B	3.63B	3.61B	3.59B
Interest & Investment Income	131.69M	183.92M	242.14M	106.60M	58.29M
Earnings From Equity Investments	610.06M	675.36M	784.92M	689.37M	493.56M
Expenses & Provisions
Cost of Revenue	1.03B	0.81B	0.80B	0.76B	0.75B
Selling, General & Admin	130.15M	112.99M	114.15M	112.12M	97.32M
Operating Expenses	1.03B	0.95B	1.05B	1.06B	0.99B
Interest Expense	-1.01B	-1.13B	-1.25B	-1.14B	-1.05B
D&A For EBITDA	911.95M	838.73M	935.34M	946.62M	895.35M
Profitability & Returns
Gross Profit	3.01B	2.86B	2.83B	2.84B	2.84B
Gross Margin	+74.6%	+78.0%	+78.1%	+78.8%	+79.2%
EBIT	1.98B	1.91B	1.78B	1.78B	1.85B
EBIT Margin	+49.1%	+52.0%	+49.1%	+49.4%	+51.6%
EBITDA	2.90B	2.75B	2.72B	2.73B	2.75B
EBITDA Margin	+71.7%	+74.9%	+74.9%	+75.7%	+76.5%
Pretax Income	1.71B	1.64B	1.56B	1.44B	1.35B
Operating Income	1.98B	1.91B	1.78B	1.78B	1.85B
Operating Margin	+49.1%	+52.0%	+49.1%	+49.4%	+51.6%
Profit Margin	+41.8%	+44.6%	+43.0%	+39.9%	+37.7%
Net Income	1.69B	1.64B	1.56B	1.44B	1.35B
Net Income to Common	1.69B	1.64B	1.56B	1.44B	1.35B
Net Income Growth	+3.1%	+5.1%	+8.3%	+6.3%	+16.7%
Earnings From Continuing Ops.	1.69B	1.64B	1.56B	1.44B	1.35B
Minority Interest in Earnings	-882.00K	-623.00K	-977.00K	-465.00K	-755.00K
Income Tax Expense	23.28M	—	—	—	—
Effective Tax Rate	+1.4%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.30	0.30	0.28	0.26	0.24
EPS (Diluted)	0.30	0.30	0.28	0.26	0.24
EPS Growth	+3.1%	+5.1%	+8.3%	+6.3%	+16.6%
Dividend Per Share	0.14	0.14	0.14	0.13	0.12
Shares Change (YoY)	—	—	—	—	0
Shares Outstanding (Basic)	5.54B	5.54B	5.54B	5.54B	5.54B
Shares Outstanding (Diluted)	5.54B	5.54B	5.54B	5.54B	5.54B
Dividend Growth	+2.9%	—	+7.7%	+8.3%	—
Free Cash Flow	0.50B	-2.88B	1.20B	1.75B	1.69B
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
Payout Ratio	+47.2%	+71.9%	+46.9%	+45.9%	+47.1%

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	4.04B	3.67B	3.63B	3.61B	3.59B
Cost of Revenue	1.03B	0.81B	0.80B	0.76B	0.75B
Gross Profit	3.01B	2.86B	2.83B	2.84B	2.84B
SG&A	130.15M	112.99M	114.15M	112.12M	97.32M
Operating Expenses	1.03B	0.95B	1.05B	1.06B	0.99B
Operating Income	1.98B	1.91B	1.78B	1.78B	1.85B
Interest Income	131.69M	183.92M	242.14M	106.60M	58.29M
Interest Expense	-1.01B	-1.13B	-1.25B	-1.14B	-1.05B
Pretax Income	1.71B	1.64B	1.56B	1.44B	1.35B
Income Tax	23.28M	—	—	—	—
Net Income	1.69B	1.64B	1.56B	1.44B	1.35B
EBITDA	2.90B	2.75B	2.72B	2.73B	2.75B
EBIT	1.98B	1.91B	1.78B	1.78B	1.85B
EPS (Basic)	0.30	0.30	0.28	0.26	0.24
EPS (Diluted)	0.30	0.30	0.28	0.26	0.24
DPS	0.14	0.14	0.14	0.13	0.12
Margins & Efficiency
Gross Margin %	+74.6%	+78.0%	+78.1%	+78.8%	+79.2%
EBITDA Margin %	+71.7%	+74.9%	+74.9%	+75.7%	+76.5%
Net Margin %	+41.8%	+44.6%	+43.0%	+39.9%	+37.7%
Revenue & Income
Revenue	4.04B	3.67B	3.63B	3.61B	3.59B
Revenue as Reported	4.78B	4.53B	4.65B	4.40B	4.14B
Revenue Growth (YoY)	+10.1%	+1.2%	+0.6%	+0.4%	+0.7%
Operating Revenue	4.04B	3.67B	3.63B	3.61B	3.59B
Interest & Investment Income	131.69M	183.92M	242.14M	106.60M	58.29M
Earnings From Equity Investments	610.06M	675.36M	784.92M	689.37M	493.56M
Expenses & Provisions
Cost of Revenue	1.03B	0.81B	0.80B	0.76B	0.75B
Selling, General & Admin	130.15M	112.99M	114.15M	112.12M	97.32M
Operating Expenses	1.03B	0.95B	1.05B	1.06B	0.99B
Interest Expense	-1.01B	-1.13B	-1.25B	-1.14B	-1.05B
D&A For EBITDA	911.95M	838.73M	935.34M	946.62M	895.35M
Profitability & Returns
Gross Profit	3.01B	2.86B	2.83B	2.84B	2.84B
Gross Margin	+74.6%	+78.0%	+78.1%	+78.8%	+79.2%
EBIT	1.98B	1.91B	1.78B	1.78B	1.85B
EBIT Margin	+49.1%	+52.0%	+49.1%	+49.4%	+51.6%
EBITDA	2.90B	2.75B	2.72B	2.73B	2.75B
EBITDA Margin	+71.7%	+74.9%	+74.9%	+75.7%	+76.5%
Pretax Income	1.71B	1.64B	1.56B	1.44B	1.35B
Operating Income	1.98B	1.91B	1.78B	1.78B	1.85B
Operating Margin	+49.1%	+52.0%	+49.1%	+49.4%	+51.6%
Profit Margin	+41.8%	+44.6%	+43.0%	+39.9%	+37.7%
Net Income	1.69B	1.64B	1.56B	1.44B	1.35B
Net Income to Common	1.69B	1.64B	1.56B	1.44B	1.35B
Net Income Growth	+3.1%	+5.1%	+8.3%	+6.3%	+16.7%
Earnings From Continuing Ops.	1.69B	1.64B	1.56B	1.44B	1.35B
Minority Interest in Earnings	-882.00K	-623.00K	-977.00K	-465.00K	-755.00K
Income Tax Expense	23.28M	—	—	—	—
Effective Tax Rate	+1.4%	—	—	—	—
Per Share & Capital
EPS (Basic)	0.30	0.30	0.28	0.26	0.24
EPS (Diluted)	0.30	0.30	0.28	0.26	0.24
EPS Growth	+3.1%	+5.1%	+8.3%	+6.3%	+16.6%
Dividend Per Share	0.14	0.14	0.14	0.13	0.12
Shares Change (YoY)	—	—	—	—	0
Shares Outstanding (Basic)	5.54B	5.54B	5.54B	5.54B	5.54B
Shares Outstanding (Diluted)	5.54B	5.54B	5.54B	5.54B	5.54B
Dividend Growth	+2.9%	—	+7.7%	+8.3%	—
Free Cash Flow	0.50B	-2.88B	1.20B	1.75B	1.69B
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
Payout Ratio	+47.2%	+71.9%	+46.9%	+45.9%	+47.1%