ADNOC GAS

ADNOC Gas plc

ADNOCGASStocksAbu Dhabi Securities ExchangeEnergy

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2021Dec 31, 2021
Operating Summary
Revenue	67.99B	70.03B	60.71B	62.63B
Cost of Revenue	39.45B	42.23B	37.72B	37.32B
Gross Profit	28.54B	27.80B	22.99B	25.30B
SG&A	4.08B	4.11B	3.34B	4.65B
Operating Expenses	5.05B	4.80B	3.82B	8.06B
Operating Income	23.49B	23.00B	19.18B	17.24B
Interest Income	384.62M	467.00M	323.63M	—
Interest Expense	-97.05M	-103.19M	-286.36M	-191.01M
Pretax Income	24.42B	24.29B	19.74B	18.21B
Income Tax	5.45B	5.92B	3.74B	4.99B
Net Income	18.98B	18.37B	16.00B	13.22B
EBITDA	28.23B	27.44B	22.88B	21.30B
EBIT	23.49B	23.00B	19.18B	17.24B
EPS (Basic)	0.07	0.07	0.06	0.05
EPS (Diluted)	0.07	0.07	0.06	0.05
DPS	0.05	0.04	0.04	—
Margins & Efficiency
Gross Margin %	+42.0%	+39.7%	+37.9%	+40.4%
EBITDA Margin %	+41.5%	+39.2%	+37.7%	+34.0%
Net Margin %	+27.9%	+26.2%	+26.4%	+21.1%
Revenue & Income
Revenue	18.51B	19.06B	16.53B	17.05B
Revenue as Reported	—	—	—	17.05B
Revenue Growth (YoY)	-2.9%	+15.3%	-3.1%	—
Operating Revenue	18.51B	19.06B	16.53B	17.04B
Interest & Investment Income	104.71M	127.13M	88.10M	—
Other Revenue	—	—	—	11.00M
Earnings From Equity Investments	176.41M	250.53M	143.88M	318.00M
Gain (Loss) on Sale of Assets	—	—	—	-2.00M
Expenses & Provisions
Cost of Revenue	10.74B	11.50B	10.27B	10.16B
Selling, General & Admin	1.11B	1.12B	0.91B	1.27B
Operating Expenses	1.38B	1.31B	1.04B	2.19B
Other Operating Expenses	-1.04B	-1.03B	-0.88B	-0.19B
Interest Expense	-26.42M	-28.09M	-77.96M	-52.00M
D&A For EBITDA	1.29B	1.21B	1.01B	1.10B
Profitability & Returns
Gross Profit	7.77B	7.57B	6.26B	6.89B
Gross Margin	+42.0%	+39.7%	+37.9%	+40.4%
EBIT	6.39B	6.26B	5.22B	4.69B
EBIT Margin	+34.5%	+32.8%	+31.6%	+27.5%
EBITDA	7.69B	7.47B	6.23B	5.80B
EBITDA Margin	+41.5%	+39.2%	+37.7%	+34.0%
EBT Excluding Unusual Items	6.65B	6.61B	5.37B	4.96B
Pretax Income	6.65B	6.61B	5.37B	4.96B
Operating Income	6.39B	6.26B	5.22B	4.69B
Operating Margin	+34.5%	+32.8%	+31.6%	+27.5%
Profit Margin	+27.9%	+26.2%	+26.4%	+21.1%
Net Income	5.17B	5.00B	4.36B	3.60B
Net Income to Common	5.17B	5.00B	4.36B	3.60B
Net Income Growth	+3.3%	+14.8%	+21.0%	—
Income Tax Expense	1.48B	1.61B	1.02B	1.36B
Effective Tax Rate	+22.3%	+24.4%	+18.9%	+27.4%
Per Share & Capital
EPS (Basic)	0.07	0.07	0.06	0.05
EPS (Diluted)	0.07	0.07	0.06	0.05
EPS Growth	+3.3%	+7.3%	+29.5%	—
Dividend Per Share	0.05	0.04	0.04	—
Shares Change (YoY)	-0	0.07	-0.07	—
Shares Outstanding (Basic)	76.74B	76.75B	71.75B	76.75B
Shares Outstanding (Diluted)	76.74B	76.75B	71.75B	76.75B
Dividend Growth	+5.1%	+13.7%	—	—
Free Cash Flow	2.71B	3.94B	3.71B	—
Free Cash Flow Margin	+14.6%	+20.7%	+22.5%	—
Free Cash Flow Per Share	0.04	0.05	0.05	—
Payout Ratio	+85.1%	+66.6%	+34.4%	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

USD AED

Annual (AED)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2021Dec 31, 2021
Operating Summary
Revenue	67.99B	70.03B	60.71B	62.63B
Cost of Revenue	39.45B	42.23B	37.72B	37.32B
Gross Profit	28.54B	27.80B	22.99B	25.30B
SG&A	4.08B	4.11B	3.34B	4.65B
Operating Expenses	5.05B	4.80B	3.82B	8.06B
Operating Income	23.49B	23.00B	19.18B	17.24B
Interest Income	384.62M	467.00M	323.63M	—
Interest Expense	-97.05M	-103.19M	-286.36M	-191.01M
Pretax Income	24.42B	24.29B	19.74B	18.21B
Income Tax	5.45B	5.92B	3.74B	4.99B
Net Income	18.98B	18.37B	16.00B	13.22B
EBITDA	28.23B	27.44B	22.88B	21.30B
EBIT	23.49B	23.00B	19.18B	17.24B
EPS (Basic)	0.07	0.07	0.06	0.05
EPS (Diluted)	0.07	0.07	0.06	0.05
DPS	0.05	0.04	0.04	—
Margins & Efficiency
Gross Margin %	+42.0%	+39.7%	+37.9%	+40.4%
EBITDA Margin %	+41.5%	+39.2%	+37.7%	+34.0%
Net Margin %	+27.9%	+26.2%	+26.4%	+21.1%
Revenue & Income
Revenue	18.51B	19.06B	16.53B	17.05B
Revenue as Reported	—	—	—	17.05B
Revenue Growth (YoY)	-2.9%	+15.3%	-3.1%	—
Operating Revenue	18.51B	19.06B	16.53B	17.04B
Interest & Investment Income	104.71M	127.13M	88.10M	—
Other Revenue	—	—	—	11.00M
Earnings From Equity Investments	176.41M	250.53M	143.88M	318.00M
Gain (Loss) on Sale of Assets	—	—	—	-2.00M
Expenses & Provisions
Cost of Revenue	10.74B	11.50B	10.27B	10.16B
Selling, General & Admin	1.11B	1.12B	0.91B	1.27B
Operating Expenses	1.38B	1.31B	1.04B	2.19B
Other Operating Expenses	-1.04B	-1.03B	-0.88B	-0.19B
Interest Expense	-26.42M	-28.09M	-77.96M	-52.00M
D&A For EBITDA	1.29B	1.21B	1.01B	1.10B
Profitability & Returns
Gross Profit	7.77B	7.57B	6.26B	6.89B
Gross Margin	+42.0%	+39.7%	+37.9%	+40.4%
EBIT	6.39B	6.26B	5.22B	4.69B
EBIT Margin	+34.5%	+32.8%	+31.6%	+27.5%
EBITDA	7.69B	7.47B	6.23B	5.80B
EBITDA Margin	+41.5%	+39.2%	+37.7%	+34.0%
EBT Excluding Unusual Items	6.65B	6.61B	5.37B	4.96B
Pretax Income	6.65B	6.61B	5.37B	4.96B
Operating Income	6.39B	6.26B	5.22B	4.69B
Operating Margin	+34.5%	+32.8%	+31.6%	+27.5%
Profit Margin	+27.9%	+26.2%	+26.4%	+21.1%
Net Income	5.17B	5.00B	4.36B	3.60B
Net Income to Common	5.17B	5.00B	4.36B	3.60B
Net Income Growth	+3.3%	+14.8%	+21.0%	—
Income Tax Expense	1.48B	1.61B	1.02B	1.36B
Effective Tax Rate	+22.3%	+24.4%	+18.9%	+27.4%
Per Share & Capital
EPS (Basic)	0.07	0.07	0.06	0.05
EPS (Diluted)	0.07	0.07	0.06	0.05
EPS Growth	+3.3%	+7.3%	+29.5%	—
Dividend Per Share	0.05	0.04	0.04	—
Shares Change (YoY)	-0	0.07	-0.07	—
Shares Outstanding (Basic)	76.74B	76.75B	71.75B	76.75B
Shares Outstanding (Diluted)	76.74B	76.75B	71.75B	76.75B
Dividend Growth	+5.1%	+13.7%	—	—
Free Cash Flow	2.71B	3.94B	3.71B	—
Free Cash Flow Margin	+14.6%	+20.7%	+22.5%	—
Free Cash Flow Per Share	0.04	0.05	0.05	—
Payout Ratio	+85.1%	+66.6%	+34.4%	—