ALMARAI

Almarai Company

2280StocksTadawulConsumer Staples

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	22.06B	20.98B	19.58B	18.72B	15.85B
Cost of Revenue	15.18B	14.32B	13.52B	13.34B	11.01B
Gross Profit	6.89B	6.66B	6.05B	5.38B	4.84B
SG&A	3.79B	3.50B	3.26B	2.92B	2.73B
Operating Expenses	3.81B	3.60B	3.29B	2.94B	2.74B
Operating Income	3.08B	3.06B	2.76B	2.43B	2.10B
Interest Income	11.81M	31.59M	56.70M	1.96M	4.10M
Interest Expense	-474.41M	-562.68M	-575.71M	-427.73M	-367.99M
Pretax Income	2.60B	2.46B	2.17B	1.85B	1.67B
Income Tax	139.02M	149.66M	114.28M	70.79M	88.41M
Net Income	2.46B	2.31B	2.05B	1.76B	1.56B
EBITDA	5.39B	5.32B	5.05B	4.67B	4.07B
EBIT	3.08B	3.06B	2.76B	2.43B	2.10B
EPS (Basic)	2.48	2.34	2.08	1.79	1.59
EPS (Diluted)	2.46	2.31	2.05	1.76	1.56
DPS	1.15	1.00	1.00	1.00	1.00
Margins & Efficiency
Gross Margin %	+31.2%	+31.8%	+30.9%	+28.7%	+30.5%
EBITDA Margin %	+24.4%	+25.4%	+25.8%	+25.0%	+25.7%
Net Margin %	+11.1%	+11.0%	+10.5%	+9.4%	+9.9%
Revenue & Income
Revenue	22.06B	20.98B	19.58B	18.72B	15.85B
Revenue Growth (YoY)	+5.2%	+7.2%	+4.6%	+18.1%	+3.2%
Interest & Investment Income	11.81M	31.59M	56.70M	1.96M	4.10M
Earnings From Equity Investments	-1.22M	-1.77M	-1.06M	0.72M	-0.94M
Gain (Loss) on Sale of Assets	-105.54M	-91.76M	-87.97M	-88.16M	-128.48M
Gain (Loss) on Sale of Investments	75.42M	—	—	-82.92M	—
Currency Exchange Gain (Loss)	8.90M	23.90M	11.53M	10.41M	59.74M
Expenses & Provisions
Cost of Revenue	15.18B	14.32B	13.52B	13.34B	11.01B
Selling, General & Admin	3.79B	3.50B	3.26B	2.92B	2.73B
Operating Expenses	3.81B	3.60B	3.29B	2.94B	2.74B
Other Operating Expenses	51.80M	-0.58M	7.92M	-4.97M	-1.01M
Interest Expense	-474.41M	-562.68M	-575.71M	-427.73M	-367.99M
D&A For EBITDA	2.31B	2.26B	2.29B	2.24B	1.97B
Profitability & Returns
Gross Profit	6.89B	6.66B	6.05B	5.38B	4.84B
Gross Margin	+31.2%	+31.8%	+30.9%	+28.7%	+30.5%
EBIT	3.08B	3.06B	2.76B	2.43B	2.10B
EBIT Margin	+14.0%	+14.6%	+14.1%	+13.0%	+13.3%
EBITDA	5.39B	5.32B	5.05B	4.67B	4.07B
EBITDA Margin	+24.4%	+25.4%	+25.8%	+25.0%	+25.7%
EBT Excluding Unusual Items	2.63B	2.56B	2.25B	2.02B	1.80B
Pretax Income	2.60B	2.46B	2.17B	1.85B	1.67B
Operating Income	3.08B	3.06B	2.76B	2.43B	2.10B
Operating Margin	+14.0%	+14.6%	+14.1%	+13.0%	+13.3%
Profit Margin	+11.1%	+11.0%	+10.5%	+9.4%	+9.9%
Net Income	2.46B	2.31B	2.05B	1.76B	1.56B
Net Income to Common	2.46B	2.31B	2.05B	1.76B	1.56B
Net Income Growth	+6.2%	+12.9%	+16.4%	+12.6%	-21.2%
Earnings From Continuing Ops.	2.46B	2.31B	2.05B	1.78B	1.58B
Minority Interest in Earnings	-0.58M	-0.57M	-2.41M	-18.33M	-15.89M
Income Tax Expense	139.02M	149.66M	114.28M	70.79M	88.41M
Effective Tax Rate	+5.4%	+6.1%	+5.3%	+3.8%	+5.3%
Per Share & Capital
EPS (Basic)	2.48	2.34	2.08	1.79	1.59
EPS (Diluted)	2.46	2.31	2.05	1.76	1.56
EPS Growth	+6.5%	+12.7%	+16.5%	+12.8%	-21.2%
Dividend Per Share	1.15	1.00	1.00	1.00	1.00
Shares Outstanding (Basic)	989.31M	988.19M	984.57M	981.90M	981.56M
Shares Outstanding (Diluted)	1.00B	1.00B	1.00B	1.00B	1.00B
Dividend Growth	+15.0%	—	—	—	—
Free Cash Flow	0.08B	1.19B	0.88B	1.64B	2.79B
Free Cash Flow Margin	+0.3%	+5.7%	+4.5%	+8.8%	+17.6%
Free Cash Flow Per Share	0.08	1.19	0.88	1.64	2.79
Payout Ratio	+40.1%	+42.7%	+47.9%	+55.7%	+62.6%

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	22.06B	20.98B	19.58B	18.72B	15.85B
Cost of Revenue	15.18B	14.32B	13.52B	13.34B	11.01B
Gross Profit	6.89B	6.66B	6.05B	5.38B	4.84B
SG&A	3.79B	3.50B	3.26B	2.92B	2.73B
Operating Expenses	3.81B	3.60B	3.29B	2.94B	2.74B
Operating Income	3.08B	3.06B	2.76B	2.43B	2.10B
Interest Income	11.81M	31.59M	56.70M	1.96M	4.10M
Interest Expense	-474.41M	-562.68M	-575.71M	-427.73M	-367.99M
Pretax Income	2.60B	2.46B	2.17B	1.85B	1.67B
Income Tax	139.02M	149.66M	114.28M	70.79M	88.41M
Net Income	2.46B	2.31B	2.05B	1.76B	1.56B
EBITDA	5.39B	5.32B	5.05B	4.67B	4.07B
EBIT	3.08B	3.06B	2.76B	2.43B	2.10B
EPS (Basic)	2.48	2.34	2.08	1.79	1.59
EPS (Diluted)	2.46	2.31	2.05	1.76	1.56
DPS	1.15	1.00	1.00	1.00	1.00
Margins & Efficiency
Gross Margin %	+31.2%	+31.8%	+30.9%	+28.7%	+30.5%
EBITDA Margin %	+24.4%	+25.4%	+25.8%	+25.0%	+25.7%
Net Margin %	+11.1%	+11.0%	+10.5%	+9.4%	+9.9%
Revenue & Income
Revenue	22.06B	20.98B	19.58B	18.72B	15.85B
Revenue Growth (YoY)	+5.2%	+7.2%	+4.6%	+18.1%	+3.2%
Interest & Investment Income	11.81M	31.59M	56.70M	1.96M	4.10M
Earnings From Equity Investments	-1.22M	-1.77M	-1.06M	0.72M	-0.94M
Gain (Loss) on Sale of Assets	-105.54M	-91.76M	-87.97M	-88.16M	-128.48M
Gain (Loss) on Sale of Investments	75.42M	—	—	-82.92M	—
Currency Exchange Gain (Loss)	8.90M	23.90M	11.53M	10.41M	59.74M
Expenses & Provisions
Cost of Revenue	15.18B	14.32B	13.52B	13.34B	11.01B
Selling, General & Admin	3.79B	3.50B	3.26B	2.92B	2.73B
Operating Expenses	3.81B	3.60B	3.29B	2.94B	2.74B
Other Operating Expenses	51.80M	-0.58M	7.92M	-4.97M	-1.01M
Interest Expense	-474.41M	-562.68M	-575.71M	-427.73M	-367.99M
D&A For EBITDA	2.31B	2.26B	2.29B	2.24B	1.97B
Profitability & Returns
Gross Profit	6.89B	6.66B	6.05B	5.38B	4.84B
Gross Margin	+31.2%	+31.8%	+30.9%	+28.7%	+30.5%
EBIT	3.08B	3.06B	2.76B	2.43B	2.10B
EBIT Margin	+14.0%	+14.6%	+14.1%	+13.0%	+13.3%
EBITDA	5.39B	5.32B	5.05B	4.67B	4.07B
EBITDA Margin	+24.4%	+25.4%	+25.8%	+25.0%	+25.7%
EBT Excluding Unusual Items	2.63B	2.56B	2.25B	2.02B	1.80B
Pretax Income	2.60B	2.46B	2.17B	1.85B	1.67B
Operating Income	3.08B	3.06B	2.76B	2.43B	2.10B
Operating Margin	+14.0%	+14.6%	+14.1%	+13.0%	+13.3%
Profit Margin	+11.1%	+11.0%	+10.5%	+9.4%	+9.9%
Net Income	2.46B	2.31B	2.05B	1.76B	1.56B
Net Income to Common	2.46B	2.31B	2.05B	1.76B	1.56B
Net Income Growth	+6.2%	+12.9%	+16.4%	+12.6%	-21.2%
Earnings From Continuing Ops.	2.46B	2.31B	2.05B	1.78B	1.58B
Minority Interest in Earnings	-0.58M	-0.57M	-2.41M	-18.33M	-15.89M
Income Tax Expense	139.02M	149.66M	114.28M	70.79M	88.41M
Effective Tax Rate	+5.4%	+6.1%	+5.3%	+3.8%	+5.3%
Per Share & Capital
EPS (Basic)	2.48	2.34	2.08	1.79	1.59
EPS (Diluted)	2.46	2.31	2.05	1.76	1.56
EPS Growth	+6.5%	+12.7%	+16.5%	+12.8%	-21.2%
Dividend Per Share	1.15	1.00	1.00	1.00	1.00
Shares Outstanding (Basic)	989.31M	988.19M	984.57M	981.90M	981.56M
Shares Outstanding (Diluted)	1.00B	1.00B	1.00B	1.00B	1.00B
Dividend Growth	+15.0%	—	—	—	—
Free Cash Flow	0.08B	1.19B	0.88B	1.64B	2.79B
Free Cash Flow Margin	+0.3%	+5.7%	+4.5%	+8.8%	+17.6%
Free Cash Flow Per Share	0.08	1.19	0.88	1.64	2.79
Payout Ratio	+40.1%	+42.7%	+47.9%	+55.7%	+62.6%