SAL

SAL Saudi Logistics Services Company

4263StocksTadawulTransportation

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	1.71B	1.63B	1.46B	1.22B	0.96B
Cost of Revenue	746.14M	718.74M	680.14M	631.68M	476.19M
Gross Profit	962.29M	915.22M	775.57M	590.97M	485.98M
SG&A	237.64M	224.00M	174.95M	161.14M	164.58M
Operating Expenses	235.02M	205.80M	189.37M	172.07M	140.56M
Operating Income	727.26M	709.42M	586.20M	418.90M	345.42M
Interest Income	67.24M	59.50M	51.61M	18.88M	3.53M
Interest Expense	-54.79M	-72.75M	-85.39M	-74.79M	-70.44M
Pretax Income	736.69M	694.48M	550.56M	370.48M	278.52M
Income Tax	38.80M	33.04M	40.84M	8.06M	2.96M
Net Income	697.89M	661.44M	509.72M	362.41M	275.56M
EBITDA	787.10M	773.19M	654.17M	472.32M	390.44M
EBIT	727.26M	709.42M	586.20M	418.90M	345.42M
EPS (Basic)	8.72	8.27	6.37	4.53	4.55
EPS (Diluted)	8.72	8.27	6.37	4.53	4.55
DPS	6.54	5.99	1.51	—	—
Margins & Efficiency
Gross Margin %	+56.3%	+56.0%	+53.3%	+48.3%	+50.5%
EBITDA Margin %	+46.1%	+47.3%	+44.9%	+38.6%	+40.6%
Net Margin %	+40.8%	+40.5%	+35.0%	+29.6%	+28.6%
Revenue & Income
Revenue	1.71B	1.63B	1.46B	1.22B	0.96B
Revenue Growth (YoY)	+4.6%	+12.2%	+19.1%	+27.1%	+42.0%
Interest & Investment Income	67.24M	59.50M	51.61M	18.88M	3.53M
Currency Exchange Gain (Loss)	-3.02M	-1.69M	-1.87M	-0.13M	—
Expenses & Provisions
Cost of Revenue	746.14M	718.74M	680.14M	631.68M	476.19M
Selling, General & Admin	237.64M	224.00M	174.95M	161.14M	164.58M
Operating Expenses	235.02M	205.80M	189.37M	172.07M	140.56M
Other Operating Expenses	-2.04M	-1.57M	-4.99M	-5.60M	-24.03M
Interest Expense	-54.79M	-72.75M	-85.39M	-74.79M	-70.44M
D&A For EBITDA	59.84M	63.77M	67.97M	53.42M	45.02M
Profitability & Returns
Gross Profit	962.29M	915.22M	775.57M	590.97M	485.98M
Gross Margin	+56.3%	+56.0%	+53.3%	+48.3%	+50.5%
EBIT	727.26M	709.42M	586.20M	418.90M	345.42M
EBIT Margin	+42.6%	+43.4%	+40.3%	+34.3%	+35.9%
EBITDA	787.10M	773.19M	654.17M	472.32M	390.44M
EBITDA Margin	+46.1%	+47.3%	+44.9%	+38.6%	+40.6%
EBT Excluding Unusual Items	736.69M	694.48M	550.56M	362.87M	278.52M
Pretax Income	736.69M	694.48M	550.56M	370.48M	278.52M
Operating Income	727.26M	709.42M	586.20M	418.90M	345.42M
Operating Margin	+42.6%	+43.4%	+40.3%	+34.3%	+35.9%
Profit Margin	+40.9%	+40.5%	+35.0%	+29.6%	+28.6%
Net Income	697.89M	661.44M	509.72M	362.41M	275.56M
Net Income to Common	697.89M	661.44M	509.72M	362.41M	275.56M
Net Income Growth	+5.5%	+29.8%	+40.6%	+31.5%	+44.9%
Income Tax Expense	38.80M	33.04M	40.84M	8.06M	2.96M
Effective Tax Rate	+5.3%	+4.8%	+7.4%	+2.2%	+1.1%
Per Share & Capital
EPS (Basic)	8.72	8.27	6.37	4.53	4.55
EPS (Diluted)	8.72	8.27	6.37	4.53	4.55
EPS Growth	+5.5%	+29.8%	+40.6%	-0.5%	-99.9%
Dividend Per Share	6.54	5.99	1.51	—	—
Shares Change (YoY)	—	—	—	0.00K	1.21K
Shares Outstanding (Basic)	80.00M	80.00M	80.00M	80.00M	60.51M
Shares Outstanding (Diluted)	80.00M	80.00M	80.00M	80.00M	60.51M
Dividend Growth	+9.2%	+296.7%	—	—	—
Free Cash Flow	817.05M	724.62M	626.09M	459.26M	241.54M
Free Cash Flow Margin	+47.8%	+44.3%	+43.0%	+37.6%	+25.1%
Free Cash Flow Per Share	10.21	9.06	7.83	5.74	3.99
Payout Ratio	+68.5%	+74.6%	+69.1%	+70.4%	+36.3%
Supplemental
Other Unusual Items	—	—	—	7.61M	—

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	1.71B	1.63B	1.46B	1.22B	0.96B
Cost of Revenue	746.14M	718.74M	680.14M	631.68M	476.19M
Gross Profit	962.29M	915.22M	775.57M	590.97M	485.98M
SG&A	237.64M	224.00M	174.95M	161.14M	164.58M
Operating Expenses	235.02M	205.80M	189.37M	172.07M	140.56M
Operating Income	727.26M	709.42M	586.20M	418.90M	345.42M
Interest Income	67.24M	59.50M	51.61M	18.88M	3.53M
Interest Expense	-54.79M	-72.75M	-85.39M	-74.79M	-70.44M
Pretax Income	736.69M	694.48M	550.56M	370.48M	278.52M
Income Tax	38.80M	33.04M	40.84M	8.06M	2.96M
Net Income	697.89M	661.44M	509.72M	362.41M	275.56M
EBITDA	787.10M	773.19M	654.17M	472.32M	390.44M
EBIT	727.26M	709.42M	586.20M	418.90M	345.42M
EPS (Basic)	8.72	8.27	6.37	4.53	4.55
EPS (Diluted)	8.72	8.27	6.37	4.53	4.55
DPS	6.54	5.99	1.51	—	—
Margins & Efficiency
Gross Margin %	+56.3%	+56.0%	+53.3%	+48.3%	+50.5%
EBITDA Margin %	+46.1%	+47.3%	+44.9%	+38.6%	+40.6%
Net Margin %	+40.8%	+40.5%	+35.0%	+29.6%	+28.6%
Revenue & Income
Revenue	1.71B	1.63B	1.46B	1.22B	0.96B
Revenue Growth (YoY)	+4.6%	+12.2%	+19.1%	+27.1%	+42.0%
Interest & Investment Income	67.24M	59.50M	51.61M	18.88M	3.53M
Currency Exchange Gain (Loss)	-3.02M	-1.69M	-1.87M	-0.13M	—
Expenses & Provisions
Cost of Revenue	746.14M	718.74M	680.14M	631.68M	476.19M
Selling, General & Admin	237.64M	224.00M	174.95M	161.14M	164.58M
Operating Expenses	235.02M	205.80M	189.37M	172.07M	140.56M
Other Operating Expenses	-2.04M	-1.57M	-4.99M	-5.60M	-24.03M
Interest Expense	-54.79M	-72.75M	-85.39M	-74.79M	-70.44M
D&A For EBITDA	59.84M	63.77M	67.97M	53.42M	45.02M
Profitability & Returns
Gross Profit	962.29M	915.22M	775.57M	590.97M	485.98M
Gross Margin	+56.3%	+56.0%	+53.3%	+48.3%	+50.5%
EBIT	727.26M	709.42M	586.20M	418.90M	345.42M
EBIT Margin	+42.6%	+43.4%	+40.3%	+34.3%	+35.9%
EBITDA	787.10M	773.19M	654.17M	472.32M	390.44M
EBITDA Margin	+46.1%	+47.3%	+44.9%	+38.6%	+40.6%
EBT Excluding Unusual Items	736.69M	694.48M	550.56M	362.87M	278.52M
Pretax Income	736.69M	694.48M	550.56M	370.48M	278.52M
Operating Income	727.26M	709.42M	586.20M	418.90M	345.42M
Operating Margin	+42.6%	+43.4%	+40.3%	+34.3%	+35.9%
Profit Margin	+40.9%	+40.5%	+35.0%	+29.6%	+28.6%
Net Income	697.89M	661.44M	509.72M	362.41M	275.56M
Net Income to Common	697.89M	661.44M	509.72M	362.41M	275.56M
Net Income Growth	+5.5%	+29.8%	+40.6%	+31.5%	+44.9%
Income Tax Expense	38.80M	33.04M	40.84M	8.06M	2.96M
Effective Tax Rate	+5.3%	+4.8%	+7.4%	+2.2%	+1.1%
Per Share & Capital
EPS (Basic)	8.72	8.27	6.37	4.53	4.55
EPS (Diluted)	8.72	8.27	6.37	4.53	4.55
EPS Growth	+5.5%	+29.8%	+40.6%	-0.5%	-99.9%
Dividend Per Share	6.54	5.99	1.51	—	—
Shares Change (YoY)	—	—	—	0.00K	1.21K
Shares Outstanding (Basic)	80.00M	80.00M	80.00M	80.00M	60.51M
Shares Outstanding (Diluted)	80.00M	80.00M	80.00M	80.00M	60.51M
Dividend Growth	+9.2%	+296.7%	—	—	—
Free Cash Flow	817.05M	724.62M	626.09M	459.26M	241.54M
Free Cash Flow Margin	+47.8%	+44.3%	+43.0%	+37.6%	+25.1%
Free Cash Flow Per Share	10.21	9.06	7.83	5.74	3.99
Payout Ratio	+68.5%	+74.6%	+69.1%	+70.4%	+36.3%
Supplemental
Other Unusual Items	—	—	—	7.61M	—