APC

Arabian Pipes Co.

2200StocksTadawulMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	0.87B	1.14B	1.09B	0.48B	0.39B
Cost of Revenue	682.73M	854.91M	861.41M	445.65M	376.34M
Gross Profit	191.32M	283.37M	227.72M	33.40M	12.36M
SG&A	55.09M	48.06M	47.71M	42.46M	60.51M
Operating Expenses	55.09M	48.06M	47.71M	42.46M	60.51M
Operating Income	136.23M	235.31M	180.01M	-9.06M	-48.16M
Interest Income	2.48M	0.57M	1.98M	—	—
Interest Expense	-27.90M	-57.36M	-39.59M	-18.69M	-17.91M
Other Income/Expense	9.72M	1.45M	5.23M	17.96M	6.30M
Pretax Income	117.43M	176.06M	146.26M	-9.79M	-59.77M
Income Tax	6.95M	7.88M	14.15M	0.70M	0.34M
Net Income	110.47M	168.18M	132.11M	-10.49M	-60.12M
EBITDA	171.75M	270.77M	212.39M	21.81M	-20.80M
EBIT	136.23M	235.31M	180.01M	-9.06M	-48.16M
EPS (Basic)	0.55	0.84	0.66	-0.05	-0.30
EPS (Diluted)	0.55	0.84	0.66	-0.05	-0.30
DPS	0.17	0.11	—	—	—
Margins & Efficiency
Gross Margin %	+21.9%	+24.9%	+20.9%	+7.0%	+3.2%
EBITDA Margin %	+19.6%	+23.8%	+19.5%	+4.6%	-5.4%
Net Margin %	+12.6%	+14.8%	+12.1%	-2.2%	-15.5%
Revenue & Income
Revenue	0.87B	1.14B	1.09B	0.48B	0.39B
Revenue Growth (YoY)	-23.2%	+4.5%	+127.4%	+23.2%	+5.3%
Interest & Investment Income	2.48M	0.57M	1.98M	—	—
Gain (Loss) on Sale of Assets	-1.02M	—	—	—	—
Currency Exchange Gain (Loss)	-2.09M	-2.13M	-1.37M	—	—
Expenses & Provisions
Cost of Revenue	682.73M	854.91M	861.41M	445.65M	376.34M
Selling, General & Admin	55.09M	48.06M	47.71M	42.46M	60.51M
Operating Expenses	55.09M	48.06M	47.71M	42.46M	60.51M
Interest Expense	-27.90M	-57.36M	-39.59M	-18.69M	-17.91M
Other Non Operating Income (Expenses)	9.72M	1.45M	5.23M	17.96M	6.30M
Asset Writedown	-0.18M	-2.80M	—	—	—
D&A For EBITDA	35.52M	35.47M	32.38M	30.87M	27.36M
Profitability & Returns
Gross Profit	191.32M	283.37M	227.72M	33.40M	12.36M
Gross Margin	+21.9%	+24.9%	+20.9%	+7.0%	+3.2%
EBIT	136.23M	235.31M	180.01M	-9.06M	-48.16M
EBIT Margin	+15.6%	+20.7%	+16.5%	-1.9%	-12.4%
EBITDA	171.75M	270.77M	212.39M	21.81M	-20.80M
EBITDA Margin	+19.7%	+23.8%	+19.5%	+4.6%	-5.4%
EBT Excluding Unusual Items	118.43M	177.85M	146.26M	-9.79M	-59.77M
Pretax Income	117.43M	176.06M	146.26M	-9.79M	-59.77M
Operating Income	136.23M	235.31M	180.01M	-9.06M	-48.16M
Operating Margin	+15.6%	+20.7%	+16.5%	-1.9%	-12.4%
Profit Margin	+12.6%	+14.8%	+12.1%	-2.2%	-15.5%
Net Income	110.47M	168.18M	132.11M	-10.49M	-60.12M
Net Income to Common	110.47M	168.18M	132.11M	-10.49M	-60.12M
Net Income Growth	-34.3%	+27.3%	—	—	—
Income Tax Expense	6.95M	7.88M	14.15M	0.70M	0.34M
Effective Tax Rate	+5.9%	+4.5%	+9.7%	—	—
Per Share & Capital
EPS (Basic)	0.55	0.84	0.66	-0.05	-0.30
EPS (Diluted)	0.55	0.84	0.66	-0.05	-0.30
EPS Growth	-34.3%	+27.3%	—	—	—
Dividend Per Share	0.17	0.11	—	—	—
Shares Outstanding (Basic)	200.00M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	200.00M	200.00M	200.00M	200.00M	200.00M
Dividend Growth	+51.1%	—	—	—	—
Free Cash Flow	213.10M	82.61M	-17.08M	-54.40M	301.03M
Free Cash Flow Margin	+24.4%	+7.3%	-1.6%	-11.4%	+77.4%
Free Cash Flow Per Share	1.07	0.41	-0.09	-0.27	1.51
Payout Ratio	+20.4%	—	—	—	—
Supplemental
Other Unusual Items	0.20M	1.02M	—	—	—

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	0.87B	1.14B	1.09B	0.48B	0.39B
Cost of Revenue	682.73M	854.91M	861.41M	445.65M	376.34M
Gross Profit	191.32M	283.37M	227.72M	33.40M	12.36M
SG&A	55.09M	48.06M	47.71M	42.46M	60.51M
Operating Expenses	55.09M	48.06M	47.71M	42.46M	60.51M
Operating Income	136.23M	235.31M	180.01M	-9.06M	-48.16M
Interest Income	2.48M	0.57M	1.98M	—	—
Interest Expense	-27.90M	-57.36M	-39.59M	-18.69M	-17.91M
Other Income/Expense	9.72M	1.45M	5.23M	17.96M	6.30M
Pretax Income	117.43M	176.06M	146.26M	-9.79M	-59.77M
Income Tax	6.95M	7.88M	14.15M	0.70M	0.34M
Net Income	110.47M	168.18M	132.11M	-10.49M	-60.12M
EBITDA	171.75M	270.77M	212.39M	21.81M	-20.80M
EBIT	136.23M	235.31M	180.01M	-9.06M	-48.16M
EPS (Basic)	0.55	0.84	0.66	-0.05	-0.30
EPS (Diluted)	0.55	0.84	0.66	-0.05	-0.30
DPS	0.17	0.11	—	—	—
Margins & Efficiency
Gross Margin %	+21.9%	+24.9%	+20.9%	+7.0%	+3.2%
EBITDA Margin %	+19.6%	+23.8%	+19.5%	+4.6%	-5.4%
Net Margin %	+12.6%	+14.8%	+12.1%	-2.2%	-15.5%
Revenue & Income
Revenue	0.87B	1.14B	1.09B	0.48B	0.39B
Revenue Growth (YoY)	-23.2%	+4.5%	+127.4%	+23.2%	+5.3%
Interest & Investment Income	2.48M	0.57M	1.98M	—	—
Gain (Loss) on Sale of Assets	-1.02M	—	—	—	—
Currency Exchange Gain (Loss)	-2.09M	-2.13M	-1.37M	—	—
Expenses & Provisions
Cost of Revenue	682.73M	854.91M	861.41M	445.65M	376.34M
Selling, General & Admin	55.09M	48.06M	47.71M	42.46M	60.51M
Operating Expenses	55.09M	48.06M	47.71M	42.46M	60.51M
Interest Expense	-27.90M	-57.36M	-39.59M	-18.69M	-17.91M
Other Non Operating Income (Expenses)	9.72M	1.45M	5.23M	17.96M	6.30M
Asset Writedown	-0.18M	-2.80M	—	—	—
D&A For EBITDA	35.52M	35.47M	32.38M	30.87M	27.36M
Profitability & Returns
Gross Profit	191.32M	283.37M	227.72M	33.40M	12.36M
Gross Margin	+21.9%	+24.9%	+20.9%	+7.0%	+3.2%
EBIT	136.23M	235.31M	180.01M	-9.06M	-48.16M
EBIT Margin	+15.6%	+20.7%	+16.5%	-1.9%	-12.4%
EBITDA	171.75M	270.77M	212.39M	21.81M	-20.80M
EBITDA Margin	+19.7%	+23.8%	+19.5%	+4.6%	-5.4%
EBT Excluding Unusual Items	118.43M	177.85M	146.26M	-9.79M	-59.77M
Pretax Income	117.43M	176.06M	146.26M	-9.79M	-59.77M
Operating Income	136.23M	235.31M	180.01M	-9.06M	-48.16M
Operating Margin	+15.6%	+20.7%	+16.5%	-1.9%	-12.4%
Profit Margin	+12.6%	+14.8%	+12.1%	-2.2%	-15.5%
Net Income	110.47M	168.18M	132.11M	-10.49M	-60.12M
Net Income to Common	110.47M	168.18M	132.11M	-10.49M	-60.12M
Net Income Growth	-34.3%	+27.3%	—	—	—
Income Tax Expense	6.95M	7.88M	14.15M	0.70M	0.34M
Effective Tax Rate	+5.9%	+4.5%	+9.7%	—	—
Per Share & Capital
EPS (Basic)	0.55	0.84	0.66	-0.05	-0.30
EPS (Diluted)	0.55	0.84	0.66	-0.05	-0.30
EPS Growth	-34.3%	+27.3%	—	—	—
Dividend Per Share	0.17	0.11	—	—	—
Shares Outstanding (Basic)	200.00M	200.00M	200.00M	200.00M	200.00M
Shares Outstanding (Diluted)	200.00M	200.00M	200.00M	200.00M	200.00M
Dividend Growth	+51.1%	—	—	—	—
Free Cash Flow	213.10M	82.61M	-17.08M	-54.40M	301.03M
Free Cash Flow Margin	+24.4%	+7.3%	-1.6%	-11.4%	+77.4%
Free Cash Flow Per Share	1.07	0.41	-0.09	-0.27	1.51
Payout Ratio	+20.4%	—	—	—	—
Supplemental
Other Unusual Items	0.20M	1.02M	—	—	—