SAUDI ENERGY

Saudi Energy Co.

5110StocksTadawulUtilities

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	102.22B	88.67B	75.33B	72.08B	69.34B
Operating Income	18.65B	17.06B	13.74B	17.21B	18.91B
Interest Income	160.16M	237.17M	358.69M	106.11M	70.83M
Interest Expense	-5.53B	-4.70B	-3.69B	-2.58B	-2.47B
Pretax Income	13.32B	7.05B	10.60B	15.61B	14.99B
Income Tax	349.91M	187.43M	348.98M	416.62M	455.93M
Net Income	4.02B	-1.93B	2.59B	7.47B	6.73B
EBITDA	40.84B	37.69B	32.62B	36.48B	38.55B
Utility Operating Expenses	83.57B	71.61B	61.59B	54.87B	50.43B
EPS (Basic)	0.96	-0.46	0.62	1.79	1.62
EPS (Diluted)	0.96	-0.46	0.62	1.79	1.62
DPS	0.70	0.70	0.70	0.70	0.70
Margins & Efficiency
EBITDA Margin %	+40.0%	+42.5%	+43.3%	+50.6%	+55.6%
Net Margin %	+3.9%	-2.2%	+3.4%	+10.4%	+9.7%
Revenue & Income
Revenue	102.22B	88.67B	75.33B	72.08B	69.34B
Revenue Growth (YoY)	+15.3%	+17.7%	+4.5%	+4.0%	+0.9%
Interest Income	160.16M	237.17M	358.69M	106.11M	70.83M
Income (Loss) on Equity Investments	74.83M	134.06M	83.67M	307.75M	-10.20M
Gain (Loss) on Sale of Assets	-27.25M	9.54M	103.54M	-46.58M	48.58M
Expenses & Provisions
Selling, General & Admin	1.68B	1.59B	0.58B	1.61B	0.20B
Total Operating Expenses	83.57B	71.61B	61.59B	54.87B	50.43B
Interest Expense	-5.53B	-4.70B	-3.69B	-2.58B	-2.47B
Provision for Bad Debts	—	—	—	1.38B	1.07B
Legal Settlements	—	—	—	—	-484.61M
Asset Writedown	—	—	—	615.68M	-863.44M
D&A For EBITDA	22.19B	20.63B	18.87B	19.27B	19.64B
Depreciation & Amortization	—	—	402.68M	—	427.92M
Profitability & Returns
EBIT	18.65B	17.06B	13.74B	17.21B	18.91B
EBIT Margin	+18.2%	+19.2%	+18.2%	+23.9%	+27.3%
EBITDA	40.84B	37.69B	32.62B	36.48B	38.55B
EBITDA Margin	+40.0%	+42.5%	+43.3%	+50.6%	+55.6%
EBT Excluding Unusual Items	13.35B	12.73B	10.49B	15.04B	16.50B
Pretax Income	13.32B	7.05B	10.60B	15.61B	14.99B
Operating Income	18.65B	17.06B	13.74B	17.21B	18.91B
Profit Margin	+3.9%	-2.2%	+3.4%	+10.4%	+9.7%
Net Income	12.97B	6.87B	10.25B	15.14B	14.39B
Net Income to Common	4.02B	-1.93B	2.59B	7.47B	6.73B
Net Income Growth	+88.9%	-33.0%	-32.3%	+5.2%	+375.6%
Earnings From Continuing Ops.	12.97B	6.87B	10.25B	15.20B	14.54B
Earnings From Discontinued Ops.	—	—	—	-61.18M	-145.39M
Income Tax Expense	349.91M	187.43M	348.98M	416.62M	455.93M
Effective Tax Rate	+2.6%	+2.7%	+3.3%	+2.7%	+3.0%
Net Interest Expense	-5.37B	-4.46B	-3.33B	-2.47B	-2.40B
Per Share & Capital
EPS (Basic)	0.96	-0.46	0.62	1.79	1.62
EPS (Diluted)	0.96	-0.46	0.62	1.79	1.62
EPS Growth	—	—	-65.4%	+11.1%	+220.7%
Dividend Per Share	0.70	0.70	0.70	0.70	0.70
Shares Outstanding (Basic)	4.17B	4.17B	4.17B	4.17B	4.17B
Shares Outstanding (Diluted)	4.17B	4.17B	4.17B	4.17B	4.17B
Free Cash Flow	-38.73B	-16.82B	0.18B	12.47B	20.12B
Free Cash Flow Margin	-37.9%	-19.0%	+0.2%	+17.3%	+29.0%
Free Cash Flow Per Share	-9.30	-4.04	0.04	2.99	4.83
Payout Ratio	+22.5%	+42.5%	+28.1%	+19.2%	+20.4%
Preferred Dividends & Other Adjustments	8.96B	8.79B	7.66B	7.66B	7.66B
Supplemental
Other Operating Expenses	81.81B	70.01B	60.60B	51.88B	48.72B
Other Unusual Items	—	-5.69B	—	—	-0.21B

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	102.22B	88.67B	75.33B	72.08B	69.34B
Operating Income	18.65B	17.06B	13.74B	17.21B	18.91B
Interest Income	160.16M	237.17M	358.69M	106.11M	70.83M
Interest Expense	-5.53B	-4.70B	-3.69B	-2.58B	-2.47B
Pretax Income	13.32B	7.05B	10.60B	15.61B	14.99B
Income Tax	349.91M	187.43M	348.98M	416.62M	455.93M
Net Income	4.02B	-1.93B	2.59B	7.47B	6.73B
EBITDA	40.84B	37.69B	32.62B	36.48B	38.55B
Utility Operating Expenses	83.57B	71.61B	61.59B	54.87B	50.43B
EPS (Basic)	0.96	-0.46	0.62	1.79	1.62
EPS (Diluted)	0.96	-0.46	0.62	1.79	1.62
DPS	0.70	0.70	0.70	0.70	0.70
Margins & Efficiency
EBITDA Margin %	+40.0%	+42.5%	+43.3%	+50.6%	+55.6%
Net Margin %	+3.9%	-2.2%	+3.4%	+10.4%	+9.7%
Revenue & Income
Revenue	102.22B	88.67B	75.33B	72.08B	69.34B
Revenue Growth (YoY)	+15.3%	+17.7%	+4.5%	+4.0%	+0.9%
Interest Income	160.16M	237.17M	358.69M	106.11M	70.83M
Income (Loss) on Equity Investments	74.83M	134.06M	83.67M	307.75M	-10.20M
Gain (Loss) on Sale of Assets	-27.25M	9.54M	103.54M	-46.58M	48.58M
Expenses & Provisions
Selling, General & Admin	1.68B	1.59B	0.58B	1.61B	0.20B
Total Operating Expenses	83.57B	71.61B	61.59B	54.87B	50.43B
Interest Expense	-5.53B	-4.70B	-3.69B	-2.58B	-2.47B
Provision for Bad Debts	—	—	—	1.38B	1.07B
Legal Settlements	—	—	—	—	-484.61M
Asset Writedown	—	—	—	615.68M	-863.44M
D&A For EBITDA	22.19B	20.63B	18.87B	19.27B	19.64B
Depreciation & Amortization	—	—	402.68M	—	427.92M
Profitability & Returns
EBIT	18.65B	17.06B	13.74B	17.21B	18.91B
EBIT Margin	+18.2%	+19.2%	+18.2%	+23.9%	+27.3%
EBITDA	40.84B	37.69B	32.62B	36.48B	38.55B
EBITDA Margin	+40.0%	+42.5%	+43.3%	+50.6%	+55.6%
EBT Excluding Unusual Items	13.35B	12.73B	10.49B	15.04B	16.50B
Pretax Income	13.32B	7.05B	10.60B	15.61B	14.99B
Operating Income	18.65B	17.06B	13.74B	17.21B	18.91B
Profit Margin	+3.9%	-2.2%	+3.4%	+10.4%	+9.7%
Net Income	12.97B	6.87B	10.25B	15.14B	14.39B
Net Income to Common	4.02B	-1.93B	2.59B	7.47B	6.73B
Net Income Growth	+88.9%	-33.0%	-32.3%	+5.2%	+375.6%
Earnings From Continuing Ops.	12.97B	6.87B	10.25B	15.20B	14.54B
Earnings From Discontinued Ops.	—	—	—	-61.18M	-145.39M
Income Tax Expense	349.91M	187.43M	348.98M	416.62M	455.93M
Effective Tax Rate	+2.6%	+2.7%	+3.3%	+2.7%	+3.0%
Net Interest Expense	-5.37B	-4.46B	-3.33B	-2.47B	-2.40B
Per Share & Capital
EPS (Basic)	0.96	-0.46	0.62	1.79	1.62
EPS (Diluted)	0.96	-0.46	0.62	1.79	1.62
EPS Growth	—	—	-65.4%	+11.1%	+220.7%
Dividend Per Share	0.70	0.70	0.70	0.70	0.70
Shares Outstanding (Basic)	4.17B	4.17B	4.17B	4.17B	4.17B
Shares Outstanding (Diluted)	4.17B	4.17B	4.17B	4.17B	4.17B
Free Cash Flow	-38.73B	-16.82B	0.18B	12.47B	20.12B
Free Cash Flow Margin	-37.9%	-19.0%	+0.2%	+17.3%	+29.0%
Free Cash Flow Per Share	-9.30	-4.04	0.04	2.99	4.83
Payout Ratio	+22.5%	+42.5%	+28.1%	+19.2%	+20.4%
Preferred Dividends & Other Adjustments	8.96B	8.79B	7.66B	7.66B	7.66B
Supplemental
Other Operating Expenses	81.81B	70.01B	60.60B	51.88B	48.72B
Other Unusual Items	—	-5.69B	—	—	-0.21B