SAUDI CEMENT

Saudi Cement Co.

3030StocksTadawulMaterials

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	1.67B	1.68B	1.46B	1.42B	1.41B
Cost of Revenue	1.07B	1.01B	0.89B	0.85B	0.88B
Gross Profit	602.97M	667.36M	572.93M	568.88M	530.39M
SG&A	223.29M	238.87M	210.54M	164.96M	186.09M
Operating Expenses	200.88M	204.90M	155.63M	164.96M	186.09M
Operating Income	402.10M	462.46M	417.31M	403.91M	344.30M
Interest Expense	-18.97M	-27.39M	-29.17M	-16.30M	-8.41M
Other Income/Expense	—	—	—	14.14M	13.79M
Pretax Income	385.28M	439.87M	399.03M	410.84M	354.36M
Income Tax	21.60M	18.00M	18.00M	12.00M	24.00M
Net Income	363.68M	421.87M	381.03M	398.84M	331.92M
EBITDA	610.26M	673.13M	631.32M	623.95M	560.37M
EBIT	402.10M	462.46M	417.31M	403.91M	344.30M
EPS (Basic)	2.38	2.76	2.49	2.61	2.17
EPS (Diluted)	2.38	2.76	2.49	2.61	2.17
DPS	1.80	2.75	2.50	3.25	3.50
Margins & Efficiency
Gross Margin %	+36.1%	+39.8%	+39.2%	+40.1%	+37.6%
EBITDA Margin %	+36.5%	+40.2%	+43.2%	+43.9%	+39.8%
Net Margin %	+21.8%	+25.2%	+26.1%	+28.1%	+23.5%
Revenue & Income
Revenue	1.67B	1.68B	1.46B	1.42B	1.41B
Revenue Growth (YoY)	-0.3%	+14.6%	+3.0%	+0.7%	-10.2%
Earnings From Equity Investments	2.16M	4.29M	2.06M	9.09M	4.68M
Gain (Loss) on Sale of Assets	—	504.00K	-8.00K	—	—
Gain (Loss) on Sale of Investments	—	—	8.84M	—	—
Expenses & Provisions
Cost of Revenue	1.07B	1.01B	0.89B	0.85B	0.88B
Selling, General & Admin	223.29M	238.87M	210.54M	164.96M	186.09M
Operating Expenses	200.88M	204.90M	155.63M	164.96M	186.09M
Other Operating Expenses	-22.41M	-33.97M	-54.92M	—	—
Interest Expense	-18.97M	-27.39M	-29.17M	-16.30M	-8.41M
Other Non Operating Income (Expenses)	—	—	—	14.14M	13.79M
Impairment of Goodwill	—	—	—	—	—
D&A For EBITDA	208.16M	210.67M	214.02M	220.04M	216.08M
Profitability & Returns
Gross Profit	602.97M	667.36M	572.93M	568.88M	530.39M
Gross Margin	+36.1%	+39.8%	+39.2%	+40.1%	+37.6%
EBIT	402.10M	462.46M	417.31M	403.91M	344.30M
EBIT Margin	+24.1%	+27.6%	+28.5%	+28.4%	+24.4%
EBITDA	610.26M	673.13M	631.32M	623.95M	560.37M
EBITDA Margin	+36.5%	+40.2%	+43.2%	+43.9%	+39.8%
EBT Excluding Unusual Items	385.28M	439.37M	390.19M	410.84M	354.36M
Pretax Income	385.28M	439.87M	399.03M	410.84M	354.36M
Operating Income	402.10M	462.46M	417.31M	403.91M	344.30M
Operating Margin	+24.1%	+27.6%	+28.5%	+28.4%	+24.4%
Profit Margin	+21.8%	+25.2%	+26.1%	+28.1%	+23.5%
Net Income	363.68M	421.87M	381.03M	398.84M	331.92M
Net Income to Common	363.68M	421.87M	381.03M	398.84M	331.92M
Net Income Growth	-13.8%	+10.7%	-4.5%	+20.2%	-27.2%
Earnings From Continuing Ops.	363.68M	421.87M	381.03M	398.84M	330.36M
Minority Interest in Earnings	—	—	—	—	1.57M
Income Tax Expense	21.60M	18.00M	18.00M	12.00M	24.00M
Effective Tax Rate	+5.6%	+4.1%	+4.5%	+2.9%	+6.8%
Per Share & Capital
EPS (Basic)	2.38	2.76	2.49	2.61	2.17
EPS (Diluted)	2.38	2.76	2.49	2.61	2.17
EPS Growth	-13.8%	+10.7%	-4.5%	+20.2%	-27.2%
Dividend Per Share	1.80	2.75	2.50	3.25	3.50
Shares Outstanding (Basic)	153.00M	153.00M	153.00M	153.00M	153.00M
Shares Outstanding (Diluted)	153.00M	153.00M	153.00M	153.00M	153.00M
Dividend Growth	-34.5%	+10.0%	-23.1%	-7.1%	—
Free Cash Flow	397.18M	498.81M	452.13M	566.83M	577.85M
Free Cash Flow Margin	+23.8%	+29.8%	+30.9%	+39.9%	+41.0%
Free Cash Flow Per Share	2.60	3.26	2.96	3.71	3.78
Payout Ratio	+106.5%	+81.3%	+133.7%	+131.4%	+161.3%

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	1.67B	1.68B	1.46B	1.42B	1.41B
Cost of Revenue	1.07B	1.01B	0.89B	0.85B	0.88B
Gross Profit	602.97M	667.36M	572.93M	568.88M	530.39M
SG&A	223.29M	238.87M	210.54M	164.96M	186.09M
Operating Expenses	200.88M	204.90M	155.63M	164.96M	186.09M
Operating Income	402.10M	462.46M	417.31M	403.91M	344.30M
Interest Expense	-18.97M	-27.39M	-29.17M	-16.30M	-8.41M
Other Income/Expense	—	—	—	14.14M	13.79M
Pretax Income	385.28M	439.87M	399.03M	410.84M	354.36M
Income Tax	21.60M	18.00M	18.00M	12.00M	24.00M
Net Income	363.68M	421.87M	381.03M	398.84M	331.92M
EBITDA	610.26M	673.13M	631.32M	623.95M	560.37M
EBIT	402.10M	462.46M	417.31M	403.91M	344.30M
EPS (Basic)	2.38	2.76	2.49	2.61	2.17
EPS (Diluted)	2.38	2.76	2.49	2.61	2.17
DPS	1.80	2.75	2.50	3.25	3.50
Margins & Efficiency
Gross Margin %	+36.1%	+39.8%	+39.2%	+40.1%	+37.6%
EBITDA Margin %	+36.5%	+40.2%	+43.2%	+43.9%	+39.8%
Net Margin %	+21.8%	+25.2%	+26.1%	+28.1%	+23.5%
Revenue & Income
Revenue	1.67B	1.68B	1.46B	1.42B	1.41B
Revenue Growth (YoY)	-0.3%	+14.6%	+3.0%	+0.7%	-10.2%
Earnings From Equity Investments	2.16M	4.29M	2.06M	9.09M	4.68M
Gain (Loss) on Sale of Assets	—	504.00K	-8.00K	—	—
Gain (Loss) on Sale of Investments	—	—	8.84M	—	—
Expenses & Provisions
Cost of Revenue	1.07B	1.01B	0.89B	0.85B	0.88B
Selling, General & Admin	223.29M	238.87M	210.54M	164.96M	186.09M
Operating Expenses	200.88M	204.90M	155.63M	164.96M	186.09M
Other Operating Expenses	-22.41M	-33.97M	-54.92M	—	—
Interest Expense	-18.97M	-27.39M	-29.17M	-16.30M	-8.41M
Other Non Operating Income (Expenses)	—	—	—	14.14M	13.79M
Impairment of Goodwill	—	—	—	—	—
D&A For EBITDA	208.16M	210.67M	214.02M	220.04M	216.08M
Profitability & Returns
Gross Profit	602.97M	667.36M	572.93M	568.88M	530.39M
Gross Margin	+36.1%	+39.8%	+39.2%	+40.1%	+37.6%
EBIT	402.10M	462.46M	417.31M	403.91M	344.30M
EBIT Margin	+24.1%	+27.6%	+28.5%	+28.4%	+24.4%
EBITDA	610.26M	673.13M	631.32M	623.95M	560.37M
EBITDA Margin	+36.5%	+40.2%	+43.2%	+43.9%	+39.8%
EBT Excluding Unusual Items	385.28M	439.37M	390.19M	410.84M	354.36M
Pretax Income	385.28M	439.87M	399.03M	410.84M	354.36M
Operating Income	402.10M	462.46M	417.31M	403.91M	344.30M
Operating Margin	+24.1%	+27.6%	+28.5%	+28.4%	+24.4%
Profit Margin	+21.8%	+25.2%	+26.1%	+28.1%	+23.5%
Net Income	363.68M	421.87M	381.03M	398.84M	331.92M
Net Income to Common	363.68M	421.87M	381.03M	398.84M	331.92M
Net Income Growth	-13.8%	+10.7%	-4.5%	+20.2%	-27.2%
Earnings From Continuing Ops.	363.68M	421.87M	381.03M	398.84M	330.36M
Minority Interest in Earnings	—	—	—	—	1.57M
Income Tax Expense	21.60M	18.00M	18.00M	12.00M	24.00M
Effective Tax Rate	+5.6%	+4.1%	+4.5%	+2.9%	+6.8%
Per Share & Capital
EPS (Basic)	2.38	2.76	2.49	2.61	2.17
EPS (Diluted)	2.38	2.76	2.49	2.61	2.17
EPS Growth	-13.8%	+10.7%	-4.5%	+20.2%	-27.2%
Dividend Per Share	1.80	2.75	2.50	3.25	3.50
Shares Outstanding (Basic)	153.00M	153.00M	153.00M	153.00M	153.00M
Shares Outstanding (Diluted)	153.00M	153.00M	153.00M	153.00M	153.00M
Dividend Growth	-34.5%	+10.0%	-23.1%	-7.1%	—
Free Cash Flow	397.18M	498.81M	452.13M	566.83M	577.85M
Free Cash Flow Margin	+23.8%	+29.8%	+30.9%	+39.9%	+41.0%
Free Cash Flow Per Share	2.60	3.26	2.96	3.71	3.78
Payout Ratio	+106.5%	+81.3%	+133.7%	+131.4%	+161.3%