ADNOC Drilling

ADNOC Drilling Company PJSC

ADNOCDRILLStocksAbu Dhabi Securities ExchangeEnergy

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (USD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	4.90B	4.03B	3.06B	2.67B	2.27B
Cost of Revenue	3.11B	2.34B	1.85B	1.72B	1.39B
Gross Profit	1.80B	1.70B	1.21B	0.95B	0.88B
SG&A	147.94M	128.13M	75.27M	106.00M	238.71M
Operating Expenses	167.20M	155.36M	126.33M	126.53M	263.20M
Operating Income	1.63B	1.54B	1.08B	0.83B	0.62B
Interest Income	11.63M	11.74M	15.73M	6.27M	0.73M
Interest Expense	-109.46M	-136.00M	-74.58M	-34.88M	-17.70M
Other Income/Expense	26.99M	6.39M	9.85M	6.17M	10.14M
Pretax Income	1.59B	1.43B	1.03B	0.80B	0.60B
Income Tax	139.10M	128.51M	—	—	—
Net Income	1.45B	1.30B	1.03B	0.80B	0.60B
EBITDA	2.13B	1.97B	1.45B	1.22B	1.01B
EBIT	1.63B	1.54B	1.08B	0.83B	0.62B
EPS (Basic)	0.09	0.08	0.06	0.05	0.04
EPS (Diluted)	0.09	0.08	0.06	0.05	0.04
DPS	0.06	0.05	0.04	0.04	0.02
Margins & Efficiency
Gross Margin %	+36.7%	+42.1%	+39.5%	+35.7%	+39.0%
EBITDA Margin %	+43.5%	+48.9%	+47.5%	+45.5%	+44.7%
Net Margin %	+29.5%	+32.3%	+33.8%	+30.0%	+26.6%
Revenue & Income
Revenue	4.90B	4.03B	3.06B	2.67B	2.27B
Revenue Growth (YoY)	+21.5%	+32.0%	+14.4%	+17.8%	+8.2%
Interest & Investment Income	11.63M	11.74M	15.73M	6.27M	0.73M
Earnings From Equity Investments	29.00M	8.49M	—	—	—
Expenses & Provisions
Cost of Revenue	3.11B	2.34B	1.85B	1.72B	1.39B
Selling, General & Admin	147.94M	128.13M	75.27M	106.00M	238.71M
Operating Expenses	167.20M	155.36M	126.33M	126.53M	263.20M
Other Operating Expenses	—	—	29.59M	—	—
Interest Expense	-109.46M	-136.00M	-74.58M	-34.88M	-17.70M
Other Non Operating Income (Expenses)	26.99M	6.39M	9.85M	6.17M	10.14M
Asset Writedown	—	—	—	-2.95M	-10.32M
Amortization of Goodwill & Intangibles	4.19M	3.54M	3.55M	2.31M	—
D&A For EBITDA	501.28M	430.02M	371.66M	388.74M	392.47M
Profitability & Returns
Gross Profit	1.80B	1.70B	1.21B	0.95B	0.88B
Gross Margin	+36.7%	+42.1%	+39.5%	+35.7%	+39.0%
EBIT	1.63B	1.54B	1.08B	0.83B	0.62B
EBIT Margin	+33.2%	+38.2%	+35.4%	+30.9%	+27.4%
EBITDA	2.13B	1.97B	1.45B	1.22B	1.01B
EBITDA Margin	+43.5%	+48.9%	+47.5%	+45.5%	+44.7%
EBT Excluding Unusual Items	1.59B	1.43B	1.03B	0.80B	0.61B
Pretax Income	1.59B	1.43B	1.03B	0.80B	0.60B
Operating Income	1.63B	1.54B	1.08B	0.83B	0.62B
Operating Margin	+33.2%	+38.2%	+35.4%	+30.9%	+27.4%
Profit Margin	+29.6%	+32.3%	+33.8%	+30.0%	+26.6%
Net Income	1.45B	1.30B	1.03B	0.80B	0.60B
Net Income to Common	1.45B	1.30B	1.03B	0.80B	0.60B
Net Income Growth	+11.1%	+26.2%	+28.8%	+32.8%	+6.1%
Income Tax Expense	139.10M	128.51M	—	—	—
Effective Tax Rate	+8.8%	+9.0%	—	—	—
Per Share & Capital
EPS (Basic)	0.09	0.08	0.06	0.05	0.04
EPS (Diluted)	0.09	0.08	0.06	0.05	0.04
EPS Growth	+11.4%	+26.2%	+28.8%	+32.8%	+6.1%
Dividend Per Share	0.06	0.05	0.04	0.04	0.02
Shares Change (YoY)	-0	-0	—	—	—
Shares Outstanding (Basic)	15.97B	16.00B	16.00B	16.00B	16.00B
Shares Outstanding (Diluted)	15.97B	16.00B	16.00B	16.00B	16.00B
Dividend Growth	+18.4%	+10.0%	+5.0%	+110.0%	—
Free Cash Flow	1.42B	0.90B	0.29B	0.59B	0.60B
Free Cash Flow Margin	+29.0%	+22.2%	+9.6%	+21.9%	+26.3%
Free Cash Flow Per Share	0.09	0.06	0.02	0.04	0.04
Payout Ratio	+78.9%	+57.7%	+67.7%	+83.1%	+175.6%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (USD)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	4.90B	4.03B	3.06B	2.67B	2.27B
Cost of Revenue	3.11B	2.34B	1.85B	1.72B	1.39B
Gross Profit	1.80B	1.70B	1.21B	0.95B	0.88B
SG&A	147.94M	128.13M	75.27M	106.00M	238.71M
Operating Expenses	167.20M	155.36M	126.33M	126.53M	263.20M
Operating Income	1.63B	1.54B	1.08B	0.83B	0.62B
Interest Income	11.63M	11.74M	15.73M	6.27M	0.73M
Interest Expense	-109.46M	-136.00M	-74.58M	-34.88M	-17.70M
Other Income/Expense	26.99M	6.39M	9.85M	6.17M	10.14M
Pretax Income	1.59B	1.43B	1.03B	0.80B	0.60B
Income Tax	139.10M	128.51M	—	—	—
Net Income	1.45B	1.30B	1.03B	0.80B	0.60B
EBITDA	2.13B	1.97B	1.45B	1.22B	1.01B
EBIT	1.63B	1.54B	1.08B	0.83B	0.62B
EPS (Basic)	0.09	0.08	0.06	0.05	0.04
EPS (Diluted)	0.09	0.08	0.06	0.05	0.04
DPS	0.06	0.05	0.04	0.04	0.02
Margins & Efficiency
Gross Margin %	+36.7%	+42.1%	+39.5%	+35.7%	+39.0%
EBITDA Margin %	+43.5%	+48.9%	+47.5%	+45.5%	+44.7%
Net Margin %	+29.5%	+32.3%	+33.8%	+30.0%	+26.6%
Revenue & Income
Revenue	4.90B	4.03B	3.06B	2.67B	2.27B
Revenue Growth (YoY)	+21.5%	+32.0%	+14.4%	+17.8%	+8.2%
Interest & Investment Income	11.63M	11.74M	15.73M	6.27M	0.73M
Earnings From Equity Investments	29.00M	8.49M	—	—	—
Expenses & Provisions
Cost of Revenue	3.11B	2.34B	1.85B	1.72B	1.39B
Selling, General & Admin	147.94M	128.13M	75.27M	106.00M	238.71M
Operating Expenses	167.20M	155.36M	126.33M	126.53M	263.20M
Other Operating Expenses	—	—	29.59M	—	—
Interest Expense	-109.46M	-136.00M	-74.58M	-34.88M	-17.70M
Other Non Operating Income (Expenses)	26.99M	6.39M	9.85M	6.17M	10.14M
Asset Writedown	—	—	—	-2.95M	-10.32M
Amortization of Goodwill & Intangibles	4.19M	3.54M	3.55M	2.31M	—
D&A For EBITDA	501.28M	430.02M	371.66M	388.74M	392.47M
Profitability & Returns
Gross Profit	1.80B	1.70B	1.21B	0.95B	0.88B
Gross Margin	+36.7%	+42.1%	+39.5%	+35.7%	+39.0%
EBIT	1.63B	1.54B	1.08B	0.83B	0.62B
EBIT Margin	+33.2%	+38.2%	+35.4%	+30.9%	+27.4%
EBITDA	2.13B	1.97B	1.45B	1.22B	1.01B
EBITDA Margin	+43.5%	+48.9%	+47.5%	+45.5%	+44.7%
EBT Excluding Unusual Items	1.59B	1.43B	1.03B	0.80B	0.61B
Pretax Income	1.59B	1.43B	1.03B	0.80B	0.60B
Operating Income	1.63B	1.54B	1.08B	0.83B	0.62B
Operating Margin	+33.2%	+38.2%	+35.4%	+30.9%	+27.4%
Profit Margin	+29.6%	+32.3%	+33.8%	+30.0%	+26.6%
Net Income	1.45B	1.30B	1.03B	0.80B	0.60B
Net Income to Common	1.45B	1.30B	1.03B	0.80B	0.60B
Net Income Growth	+11.1%	+26.2%	+28.8%	+32.8%	+6.1%
Income Tax Expense	139.10M	128.51M	—	—	—
Effective Tax Rate	+8.8%	+9.0%	—	—	—
Per Share & Capital
EPS (Basic)	0.09	0.08	0.06	0.05	0.04
EPS (Diluted)	0.09	0.08	0.06	0.05	0.04
EPS Growth	+11.4%	+26.2%	+28.8%	+32.8%	+6.1%
Dividend Per Share	0.06	0.05	0.04	0.04	0.02
Shares Change (YoY)	-0	-0	—	—	—
Shares Outstanding (Basic)	15.97B	16.00B	16.00B	16.00B	16.00B
Shares Outstanding (Diluted)	15.97B	16.00B	16.00B	16.00B	16.00B
Dividend Growth	+18.4%	+10.0%	+5.0%	+110.0%	—
Free Cash Flow	1.42B	0.90B	0.29B	0.59B	0.60B
Free Cash Flow Margin	+29.0%	+22.2%	+9.6%	+21.9%	+26.3%
Free Cash Flow Per Share	0.09	0.06	0.02	0.04	0.04
Payout Ratio	+78.9%	+57.7%	+67.7%	+83.1%	+175.6%