NAJRAN CEMENT

Najran Cement Co.

3002StocksTadawulMaterials

Financials

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	516.13M	534.51M	485.65M	535.69M	581.55M
Cost of Revenue	407.99M	391.57M	358.44M	366.57M	352.42M
Gross Profit	108.14M	142.93M	127.21M	169.11M	229.14M
SG&A	46.56M	47.09M	45.63M	42.62M	48.90M
Operating Expenses	46.56M	47.09M	45.63M	42.62M	48.90M
Operating Income	61.57M	95.84M	81.59M	126.49M	180.24M
Interest Expense	-18.63M	-23.77M	-23.05M	-10.42M	-7.38M
Other Income/Expense	1.15M	2.12M	2.68M	3.80M	-1.85M
Pretax Income	44.08M	74.16M	61.31M	119.43M	171.01M
Income Tax	7.33M	5.73M	6.15M	6.62M	5.46M
Net Income	36.75M	68.43M	55.16M	112.81M	165.55M
EBITDA	159.69M	192.08M	173.00M	201.22M	253.61M
EBIT	61.57M	95.84M	81.59M	126.49M	180.24M
EPS (Basic)	0.22	0.40	0.32	0.66	0.97
EPS (Diluted)	0.22	0.40	0.32	0.66	0.97
DPS	—	—	—	0.50	1.00
Margins & Efficiency
Gross Margin %	+21.0%	+26.7%	+26.2%	+31.6%	+39.4%
EBITDA Margin %	+30.9%	+35.9%	+35.6%	+37.6%	+43.6%
Net Margin %	+7.1%	+12.8%	+11.4%	+21.1%	+28.5%
Revenue & Income
Revenue	516.13M	534.51M	485.65M	535.69M	581.55M
Revenue Growth (YoY)	-3.4%	+10.1%	-9.3%	-7.9%	-6.7%
Gain (Loss) on Sale of Assets	-14.00K	-32.00K	98.00K	-443.00K	—
Expenses & Provisions
Cost of Revenue	407.99M	391.57M	358.44M	366.57M	352.42M
Selling, General & Admin	46.56M	47.09M	45.63M	42.62M	48.90M
Operating Expenses	46.56M	47.09M	45.63M	42.62M	48.90M
Interest Expense	-18.63M	-23.77M	-23.05M	-10.42M	-7.38M
Other Non Operating Income (Expenses)	1.15M	2.12M	2.68M	3.80M	-1.85M
D&A For EBITDA	98.12M	96.24M	91.41M	74.73M	73.37M
Profitability & Returns
Gross Profit	108.14M	142.93M	127.21M	169.11M	229.14M
Gross Margin	+21.0%	+26.7%	+26.2%	+31.6%	+39.4%
EBIT	61.57M	95.84M	81.59M	126.49M	180.24M
EBIT Margin	+11.9%	+17.9%	+16.8%	+23.6%	+31.0%
EBITDA	159.69M	192.08M	173.00M	201.22M	253.61M
EBITDA Margin	+30.9%	+35.9%	+35.6%	+37.6%	+43.6%
EBT Excluding Unusual Items	44.09M	74.19M	61.22M	119.87M	171.01M
Pretax Income	44.08M	74.16M	61.31M	119.43M	171.01M
Operating Income	61.57M	95.84M	81.59M	126.49M	180.24M
Operating Margin	+11.9%	+17.9%	+16.8%	+23.6%	+31.0%
Profit Margin	+7.1%	+12.8%	+11.4%	+21.1%	+28.5%
Net Income	36.75M	68.43M	55.16M	112.81M	165.55M
Net Income to Common	36.75M	68.43M	55.16M	112.81M	165.55M
Net Income Growth	-46.3%	+24.1%	-51.1%	-31.9%	-17.6%
Income Tax Expense	7.33M	5.73M	6.15M	6.62M	5.46M
Effective Tax Rate	+16.6%	+7.7%	+10.0%	+5.5%	+3.2%
Per Share & Capital
EPS (Basic)	0.22	0.40	0.32	0.66	0.97
EPS (Diluted)	0.22	0.40	0.32	0.66	0.97
EPS Growth	-45.3%	+24.1%	-51.1%	-31.9%	-17.6%
Dividend Per Share	—	—	—	0.50	1.00
Shares Change (YoY)	-0.02	—	—	—	—
Shares Outstanding (Basic)	166.94M	170.00M	170.00M	170.00M	170.00M
Shares Outstanding (Diluted)	166.94M	170.00M	170.00M	170.00M	170.00M
Dividend Growth	—	—	—	-50.0%	-33.3%
Free Cash Flow	70.62M	40.25M	-38.30M	42.28M	217.19M
Free Cash Flow Margin	+13.7%	+7.5%	-7.9%	+7.9%	+37.3%
Free Cash Flow Per Share	0.42	0.24	-0.23	0.25	1.28
Payout Ratio	+1.5%	—	+76.8%	+75.2%	+154.0%

Income Statement Balance Sheet Cash Flow Ratios

Annual Quarterly

Annual (SAR)

1-5

	2025Dec 31, 2025	2024Dec 31, 2024	2023Dec 31, 2023	2022Dec 31, 2022	2021Dec 31, 2021
Operating Summary
Revenue	516.13M	534.51M	485.65M	535.69M	581.55M
Cost of Revenue	407.99M	391.57M	358.44M	366.57M	352.42M
Gross Profit	108.14M	142.93M	127.21M	169.11M	229.14M
SG&A	46.56M	47.09M	45.63M	42.62M	48.90M
Operating Expenses	46.56M	47.09M	45.63M	42.62M	48.90M
Operating Income	61.57M	95.84M	81.59M	126.49M	180.24M
Interest Expense	-18.63M	-23.77M	-23.05M	-10.42M	-7.38M
Other Income/Expense	1.15M	2.12M	2.68M	3.80M	-1.85M
Pretax Income	44.08M	74.16M	61.31M	119.43M	171.01M
Income Tax	7.33M	5.73M	6.15M	6.62M	5.46M
Net Income	36.75M	68.43M	55.16M	112.81M	165.55M
EBITDA	159.69M	192.08M	173.00M	201.22M	253.61M
EBIT	61.57M	95.84M	81.59M	126.49M	180.24M
EPS (Basic)	0.22	0.40	0.32	0.66	0.97
EPS (Diluted)	0.22	0.40	0.32	0.66	0.97
DPS	—	—	—	0.50	1.00
Margins & Efficiency
Gross Margin %	+21.0%	+26.7%	+26.2%	+31.6%	+39.4%
EBITDA Margin %	+30.9%	+35.9%	+35.6%	+37.6%	+43.6%
Net Margin %	+7.1%	+12.8%	+11.4%	+21.1%	+28.5%
Revenue & Income
Revenue	516.13M	534.51M	485.65M	535.69M	581.55M
Revenue Growth (YoY)	-3.4%	+10.1%	-9.3%	-7.9%	-6.7%
Gain (Loss) on Sale of Assets	-14.00K	-32.00K	98.00K	-443.00K	—
Expenses & Provisions
Cost of Revenue	407.99M	391.57M	358.44M	366.57M	352.42M
Selling, General & Admin	46.56M	47.09M	45.63M	42.62M	48.90M
Operating Expenses	46.56M	47.09M	45.63M	42.62M	48.90M
Interest Expense	-18.63M	-23.77M	-23.05M	-10.42M	-7.38M
Other Non Operating Income (Expenses)	1.15M	2.12M	2.68M	3.80M	-1.85M
D&A For EBITDA	98.12M	96.24M	91.41M	74.73M	73.37M
Profitability & Returns
Gross Profit	108.14M	142.93M	127.21M	169.11M	229.14M
Gross Margin	+21.0%	+26.7%	+26.2%	+31.6%	+39.4%
EBIT	61.57M	95.84M	81.59M	126.49M	180.24M
EBIT Margin	+11.9%	+17.9%	+16.8%	+23.6%	+31.0%
EBITDA	159.69M	192.08M	173.00M	201.22M	253.61M
EBITDA Margin	+30.9%	+35.9%	+35.6%	+37.6%	+43.6%
EBT Excluding Unusual Items	44.09M	74.19M	61.22M	119.87M	171.01M
Pretax Income	44.08M	74.16M	61.31M	119.43M	171.01M
Operating Income	61.57M	95.84M	81.59M	126.49M	180.24M
Operating Margin	+11.9%	+17.9%	+16.8%	+23.6%	+31.0%
Profit Margin	+7.1%	+12.8%	+11.4%	+21.1%	+28.5%
Net Income	36.75M	68.43M	55.16M	112.81M	165.55M
Net Income to Common	36.75M	68.43M	55.16M	112.81M	165.55M
Net Income Growth	-46.3%	+24.1%	-51.1%	-31.9%	-17.6%
Income Tax Expense	7.33M	5.73M	6.15M	6.62M	5.46M
Effective Tax Rate	+16.6%	+7.7%	+10.0%	+5.5%	+3.2%
Per Share & Capital
EPS (Basic)	0.22	0.40	0.32	0.66	0.97
EPS (Diluted)	0.22	0.40	0.32	0.66	0.97
EPS Growth	-45.3%	+24.1%	-51.1%	-31.9%	-17.6%
Dividend Per Share	—	—	—	0.50	1.00
Shares Change (YoY)	-0.02	—	—	—	—
Shares Outstanding (Basic)	166.94M	170.00M	170.00M	170.00M	170.00M
Shares Outstanding (Diluted)	166.94M	170.00M	170.00M	170.00M	170.00M
Dividend Growth	—	—	—	-50.0%	-33.3%
Free Cash Flow	70.62M	40.25M	-38.30M	42.28M	217.19M
Free Cash Flow Margin	+13.7%	+7.5%	-7.9%	+7.9%	+37.3%
Free Cash Flow Per Share	0.42	0.24	-0.23	0.25	1.28
Payout Ratio	+1.5%	—	+76.8%	+75.2%	+154.0%