ALARABIA

Arabian Contracting Services Co.

4071StocksTadawulIndustrials

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	1.95B	1.64B	1.28B	1.13B	0.72B
Cost of Revenue	1.16B	0.88B	0.68B	0.64B	0.39B
Gross Profit	789.47M	760.36M	597.96M	486.82M	330.16M
SG&A	226.00M	168.78M	136.05M	96.10M	71.87M
Operating Expenses	247.68M	171.75M	146.80M	103.40M	68.47M
Operating Income	541.79M	588.61M	451.16M	383.41M	261.69M
Interest Income	178.30K	—	—	—	—
Interest Expense	-353.74M	-275.57M	-113.76M	-54.66M	-32.17M
Other Income/Expense	3.94M	-90.58M	1.11M	0.15M	—
Pretax Income	234.28M	304.98M	344.97M	295.86M	217.54M
Income Tax	28.39M	22.82M	23.78M	11.38M	11.30M
Net Income	188.04M	284.59M	318.24M	274.70M	206.25M
EBITDA	622.23M	659.24M	488.98M	414.92M	288.99M
EBIT	541.79M	588.61M	451.16M	383.41M	261.69M
EPS (Basic)	3.42	5.17	5.79	4.99	3.75
EPS (Diluted)	3.42	5.17	5.79	4.99	3.75
DPS	—	—	—	2.09	1.69
Margins & Efficiency
Gross Margin %	+40.4%	+46.4%	+46.7%	+43.2%	+45.8%
EBITDA Margin %	+31.9%	+40.3%	+38.2%	+36.8%	+40.1%
Net Margin %	+9.6%	+17.4%	+24.9%	+24.4%	+28.6%
Revenue & Income
Revenue	1.95B	1.64B	1.28B	1.13B	0.72B
Revenue Growth (YoY)	+19.2%	+27.9%	+13.6%	+56.3%	+44.8%
Interest & Investment Income	178.30K	—	—	—	—
Earnings From Equity Investments	—	9.20M	7.39M	—	—
Gain (Loss) on Sale of Assets	2.10M	52.49M	-0.93M	-33.05M	-11.98M
Gain (Loss) on Sale of Investments	40.02M	20.83M	—	—	—
Expenses & Provisions
Cost of Revenue	1.16B	0.88B	0.68B	0.64B	0.39B
Selling, General & Admin	226.00M	168.78M	136.05M	96.10M	71.87M
Operating Expenses	247.68M	171.75M	146.80M	103.40M	68.47M
Other Operating Expenses	—	—	—	—	-716.02K
Interest Expense	-353.74M	-275.57M	-113.76M	-54.66M	-32.17M
Other Non Operating Income (Expenses)	3.94M	-90.58M	1.11M	0.15M	—
D&A For EBITDA	80.44M	70.63M	37.82M	31.51M	27.30M
Profitability & Returns
Gross Profit	789.47M	760.36M	597.96M	486.82M	330.16M
Gross Margin	+40.4%	+46.4%	+46.7%	+43.2%	+45.8%
EBIT	541.79M	588.61M	451.16M	383.41M	261.69M
EBIT Margin	+27.8%	+36.0%	+35.3%	+34.0%	+36.3%
EBITDA	622.23M	659.24M	488.98M	414.92M	288.99M
EBITDA Margin	+31.9%	+40.3%	+38.2%	+36.8%	+40.1%
EBT Excluding Unusual Items	192.17M	231.67M	345.90M	328.91M	229.52M
Pretax Income	234.28M	304.98M	344.97M	295.86M	217.54M
Operating Income	541.79M	588.61M	451.16M	383.41M	261.69M
Operating Margin	+27.8%	+36.0%	+35.3%	+34.0%	+36.3%
Profit Margin	+9.6%	+17.4%	+24.9%	+24.4%	+28.6%
Net Income	188.04M	284.59M	318.24M	274.70M	206.25M
Net Income to Common	188.04M	284.59M	318.24M	274.70M	206.25M
Net Income to Company	205.90M	281.93M	318.97M	275.39M	206.25M
Net Income Growth	-33.9%	-10.6%	+15.8%	+33.2%	+718.4%
Earnings From Continuing Ops.	205.90M	282.17M	321.18M	284.48M	206.25M
Earnings From Discontinued Ops.	—	-0.24M	-2.21M	-9.09M	—
Minority Interest in Earnings	-17.85M	2.66M	-0.73M	-0.69M	—
Income Tax Expense	28.39M	22.82M	23.78M	11.38M	11.30M
Effective Tax Rate	+12.1%	+7.5%	+6.9%	+3.8%	+5.2%
Per Share & Capital
EPS (Basic)	3.42	5.17	5.79	4.99	3.75
EPS (Diluted)	3.42	5.17	5.79	4.99	3.75
EPS Growth	-33.9%	-10.6%	+15.9%	+33.2%	+718.4%
Dividend Per Share	—	—	—	2.09	1.69
Shares Change (YoY)	—	0	-0	—	—
Shares Outstanding (Basic)	55.00M	55.00M	54.96M	55.00M	55.00M
Shares Outstanding (Diluted)	55.00M	55.00M	54.96M	55.00M	55.00M
Dividend Growth	—	—	—	+23.7%	—
Free Cash Flow	-120.34M	554.86M	264.29M	451.46M	129.92M
Free Cash Flow Margin	-6.2%	+33.9%	+20.7%	+40.1%	+18.0%
Free Cash Flow Per Share	-2.19	10.09	4.81	8.21	2.36
Payout Ratio	—	—	+14.8%	+57.5%	—

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	1.95B	1.64B	1.28B	1.13B	0.72B
Cost of Revenue	1.16B	0.88B	0.68B	0.64B	0.39B
Gross Profit	789.47M	760.36M	597.96M	486.82M	330.16M
SG&A	226.00M	168.78M	136.05M	96.10M	71.87M
Operating Expenses	247.68M	171.75M	146.80M	103.40M	68.47M
Operating Income	541.79M	588.61M	451.16M	383.41M	261.69M
Interest Income	178.30K	—	—	—	—
Interest Expense	-353.74M	-275.57M	-113.76M	-54.66M	-32.17M
Other Income/Expense	3.94M	-90.58M	1.11M	0.15M	—
Pretax Income	234.28M	304.98M	344.97M	295.86M	217.54M
Income Tax	28.39M	22.82M	23.78M	11.38M	11.30M
Net Income	188.04M	284.59M	318.24M	274.70M	206.25M
EBITDA	622.23M	659.24M	488.98M	414.92M	288.99M
EBIT	541.79M	588.61M	451.16M	383.41M	261.69M
EPS (Basic)	3.42	5.17	5.79	4.99	3.75
EPS (Diluted)	3.42	5.17	5.79	4.99	3.75
DPS	—	—	—	2.09	1.69
Margins & Efficiency
Gross Margin %	+40.4%	+46.4%	+46.7%	+43.2%	+45.8%
EBITDA Margin %	+31.9%	+40.3%	+38.2%	+36.8%	+40.1%
Net Margin %	+9.6%	+17.4%	+24.9%	+24.4%	+28.6%
Revenue & Income
Revenue	1.95B	1.64B	1.28B	1.13B	0.72B
Revenue Growth (YoY)	+19.2%	+27.9%	+13.6%	+56.3%	+44.8%
Interest & Investment Income	178.30K	—	—	—	—
Earnings From Equity Investments	—	9.20M	7.39M	—	—
Gain (Loss) on Sale of Assets	2.10M	52.49M	-0.93M	-33.05M	-11.98M
Gain (Loss) on Sale of Investments	40.02M	20.83M	—	—	—
Expenses & Provisions
Cost of Revenue	1.16B	0.88B	0.68B	0.64B	0.39B
Selling, General & Admin	226.00M	168.78M	136.05M	96.10M	71.87M
Operating Expenses	247.68M	171.75M	146.80M	103.40M	68.47M
Other Operating Expenses	—	—	—	—	-716.02K
Interest Expense	-353.74M	-275.57M	-113.76M	-54.66M	-32.17M
Other Non Operating Income (Expenses)	3.94M	-90.58M	1.11M	0.15M	—
D&A For EBITDA	80.44M	70.63M	37.82M	31.51M	27.30M
Profitability & Returns
Gross Profit	789.47M	760.36M	597.96M	486.82M	330.16M
Gross Margin	+40.4%	+46.4%	+46.7%	+43.2%	+45.8%
EBIT	541.79M	588.61M	451.16M	383.41M	261.69M
EBIT Margin	+27.8%	+36.0%	+35.3%	+34.0%	+36.3%
EBITDA	622.23M	659.24M	488.98M	414.92M	288.99M
EBITDA Margin	+31.9%	+40.3%	+38.2%	+36.8%	+40.1%
EBT Excluding Unusual Items	192.17M	231.67M	345.90M	328.91M	229.52M
Pretax Income	234.28M	304.98M	344.97M	295.86M	217.54M
Operating Income	541.79M	588.61M	451.16M	383.41M	261.69M
Operating Margin	+27.8%	+36.0%	+35.3%	+34.0%	+36.3%
Profit Margin	+9.6%	+17.4%	+24.9%	+24.4%	+28.6%
Net Income	188.04M	284.59M	318.24M	274.70M	206.25M
Net Income to Common	188.04M	284.59M	318.24M	274.70M	206.25M
Net Income to Company	205.90M	281.93M	318.97M	275.39M	206.25M
Net Income Growth	-33.9%	-10.6%	+15.8%	+33.2%	+718.4%
Earnings From Continuing Ops.	205.90M	282.17M	321.18M	284.48M	206.25M
Earnings From Discontinued Ops.	—	-0.24M	-2.21M	-9.09M	—
Minority Interest in Earnings	-17.85M	2.66M	-0.73M	-0.69M	—
Income Tax Expense	28.39M	22.82M	23.78M	11.38M	11.30M
Effective Tax Rate	+12.1%	+7.5%	+6.9%	+3.8%	+5.2%
Per Share & Capital
EPS (Basic)	3.42	5.17	5.79	4.99	3.75
EPS (Diluted)	3.42	5.17	5.79	4.99	3.75
EPS Growth	-33.9%	-10.6%	+15.9%	+33.2%	+718.4%
Dividend Per Share	—	—	—	2.09	1.69
Shares Change (YoY)	—	0	-0	—	—
Shares Outstanding (Basic)	55.00M	55.00M	54.96M	55.00M	55.00M
Shares Outstanding (Diluted)	55.00M	55.00M	54.96M	55.00M	55.00M
Dividend Growth	—	—	—	+23.7%	—
Free Cash Flow	-120.34M	554.86M	264.29M	451.46M	129.92M
Free Cash Flow Margin	-6.2%	+33.9%	+20.7%	+40.1%	+18.0%
Free Cash Flow Per Share	-2.19	10.09	4.81	8.21	2.36
Payout Ratio	—	—	+14.8%	+57.5%	—