ARABIAN DRILLING

Arabian Drilling Co.

2381StocksTadawulEnergy

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
Operations
Operating Cash Flow	1.10B	1.75B	1.36B	1.24B	0.68B
Free Cash Flow	379.35M	-110.09M	-486.66M	-507.15M	428.59M
Capital Expenditures	-0.72B	-1.86B	-1.85B	-1.75B	-0.25B
Investing & Financing
Investing Cash Flow	-0.72B	-1.86B	-0.79B	-2.72B	-0.23B
Financing Cash Flow	-0.37B	-0.74B	0.03B	1.90B	-0.68B
Dividends Paid	-119.96M	-344.83M	-225.16M	-21.67M	—
Operating Activities
Operating Cash Flow	1.10B	1.75B	1.36B	1.24B	0.68B
Net Income	-75.25M	321.36M	604.61M	557.72M	273.58M
Change in Accounts Payable	-208.77M	148.62M	145.15M	122.23M	-26.91M
Change in Accounts Receivable	125.90M	288.62M	-267.15M	-155.78M	-198.16M
Change in Inventory	33.94M	-31.00M	-113.34M	-39.42M	-0.06M
Change in Working Capital	-48.93M	406.24M	-235.34M	-72.97M	-225.14M
Other Operating Activities	127.08M	50.20M	275.41M	228.88M	63.87M
Provision & Write-off of Bad Debts	-0.06M	1.16M	0.62M	0.05M	—
Depreciation & Amortization	957.63M	837.58M	684.07M	525.28M	547.79M
Other Amortization	31.94M	31.85M	16.31M	4.87M	20.54M
Cash Interest Paid	219.82M	227.61M	177.50M	69.48M	42.47M
Asset Writedown & Restructuring Costs	114.35M	105.00M	—	—	—
Investing Activities
Investing Cash Flow	-0.72B	-1.86B	-0.79B	-2.72B	-0.23B
Capital Expenditures	-0.72B	-1.86B	-1.85B	-1.75B	-0.25B
Investment in Securities	—	—	1.00B	-1.00B	—
Other Investing Activities	9.77M	23.91M	53.04M	21.38M	1.34M
Sale (Purchase) of Intangibles	-25.96M	-50.61M	—	—	-0.15M
Sale of Property, Plant & Equipment	20.69M	22.78M	4.45M	3.63M	19.56M
Loss (Gain) From Sale of Assets	-7.45M	-3.79M	14.41M	-1.63M	-4.42M
Financing Activities
Financing Cash Flow	-0.37B	-0.74B	0.03B	1.90B	-0.68B
Common Dividends Paid	-119.96M	-344.83M	-225.16M	-21.67M	—
Issuance of Common Stock	—	—	—	880.68M	—
Long-Term Debt Issued	0.30B	—	0.50B	2.50B	—
Long-Term Debt Repaid	-0.33B	-0.17B	-0.06B	-1.39B	-0.63B
Net Debt Issued (Repaid)	-0.03B	-0.17B	0.44B	1.11B	-0.63B
Other Financing Activities	-219.82M	-227.61M	-177.50M	-69.48M	-42.47M
Free Cash Flow & Returns
Free Cash Flow	379.35M	-110.09M	-486.66M	-507.15M	428.59M
Free Cash Flow Growth	—	—	—	—	-54.9%
Free Cash Flow Margin	+11.0%	-3.0%	-14.0%	-18.8%	+19.5%
Free Cash Flow Per Share	4.26	-1.24	-5.47	-6.23	5.36
Levered Free Cash Flow	127.76M	-475.69M	-934.98M	-828.82M	362.79M
Unlevered Free Cash Flow	264.23M	-332.93M	-837.00M	-771.75M	379.51M
Operating Cash Flow Growth	-37.2%	+28.6%	+9.5%	+83.7%	-52.9%
Net Cash Flow	13.44M	-853.61M	603.40M	420.40M	-227.90M

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
Operations
Operating Cash Flow	1.10B	1.75B	1.36B	1.24B	0.68B
Free Cash Flow	379.35M	-110.09M	-486.66M	-507.15M	428.59M
Capital Expenditures	-0.72B	-1.86B	-1.85B	-1.75B	-0.25B
Investing & Financing
Investing Cash Flow	-0.72B	-1.86B	-0.79B	-2.72B	-0.23B
Financing Cash Flow	-0.37B	-0.74B	0.03B	1.90B	-0.68B
Dividends Paid	-119.96M	-344.83M	-225.16M	-21.67M	—
Operating Activities
Operating Cash Flow	1.10B	1.75B	1.36B	1.24B	0.68B
Net Income	-75.25M	321.36M	604.61M	557.72M	273.58M
Change in Accounts Payable	-208.77M	148.62M	145.15M	122.23M	-26.91M
Change in Accounts Receivable	125.90M	288.62M	-267.15M	-155.78M	-198.16M
Change in Inventory	33.94M	-31.00M	-113.34M	-39.42M	-0.06M
Change in Working Capital	-48.93M	406.24M	-235.34M	-72.97M	-225.14M
Other Operating Activities	127.08M	50.20M	275.41M	228.88M	63.87M
Provision & Write-off of Bad Debts	-0.06M	1.16M	0.62M	0.05M	—
Depreciation & Amortization	957.63M	837.58M	684.07M	525.28M	547.79M
Other Amortization	31.94M	31.85M	16.31M	4.87M	20.54M
Cash Interest Paid	219.82M	227.61M	177.50M	69.48M	42.47M
Asset Writedown & Restructuring Costs	114.35M	105.00M	—	—	—
Investing Activities
Investing Cash Flow	-0.72B	-1.86B	-0.79B	-2.72B	-0.23B
Capital Expenditures	-0.72B	-1.86B	-1.85B	-1.75B	-0.25B
Investment in Securities	—	—	1.00B	-1.00B	—
Other Investing Activities	9.77M	23.91M	53.04M	21.38M	1.34M
Sale (Purchase) of Intangibles	-25.96M	-50.61M	—	—	-0.15M
Sale of Property, Plant & Equipment	20.69M	22.78M	4.45M	3.63M	19.56M
Loss (Gain) From Sale of Assets	-7.45M	-3.79M	14.41M	-1.63M	-4.42M
Financing Activities
Financing Cash Flow	-0.37B	-0.74B	0.03B	1.90B	-0.68B
Common Dividends Paid	-119.96M	-344.83M	-225.16M	-21.67M	—
Issuance of Common Stock	—	—	—	880.68M	—
Long-Term Debt Issued	0.30B	—	0.50B	2.50B	—
Long-Term Debt Repaid	-0.33B	-0.17B	-0.06B	-1.39B	-0.63B
Net Debt Issued (Repaid)	-0.03B	-0.17B	0.44B	1.11B	-0.63B
Other Financing Activities	-219.82M	-227.61M	-177.50M	-69.48M	-42.47M
Free Cash Flow & Returns
Free Cash Flow	379.35M	-110.09M	-486.66M	-507.15M	428.59M
Free Cash Flow Growth	—	—	—	—	-54.9%
Free Cash Flow Margin	+11.0%	-3.0%	-14.0%	-18.8%	+19.5%
Free Cash Flow Per Share	4.26	-1.24	-5.47	-6.23	5.36
Levered Free Cash Flow	127.76M	-475.69M	-934.98M	-828.82M	362.79M
Unlevered Free Cash Flow	264.23M	-332.93M	-837.00M	-771.75M	379.51M
Operating Cash Flow Growth	-37.2%	+28.6%	+9.5%	+83.7%	-52.9%
Net Cash Flow	13.44M	-853.61M	603.40M	420.40M	-227.90M