Almarai Company (TADAWUL:2280)

Almarai Company Income Statement

Financials in millions SAR. Fiscal year is January - December.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	22,458	22,065	20,980	19,576	18,722	15,850
Revenue Growth (YoY)	5.50%	5.17%	7.17%	4.56%	18.12%	3.21%
Cost of Revenue	15,473	15,177	14,315	13,524	13,343	11,009
Gross Profit	6,985	6,888	6,664	6,051	5,379	4,841
Selling, General & Admin	3,866	3,793	3,502	3,259	2,923	2,729
Other Operating Expenses	75.07	51.8	-0.58	7.92	-4.97	-1.01
Operating Expenses	3,903	3,807	3,600	3,289	2,945	2,740
Operating Income	3,082	3,081	3,064	2,762	2,435	2,101
Interest Expense	-480.26	-474.41	-562.68	-575.71	-427.73	-367.99
Interest & Investment Income	11.81	11.81	31.59	56.7	1.96	4.1
Earnings From Equity Investments	-0.32	-1.22	-1.77	-1.06	0.72	-0.94
Currency Exchange Gain (Loss)	8.9	8.9	23.9	11.53	10.41	59.74
EBT Excluding Unusual Items	2,622	2,626	2,555	2,254	2,020	1,796
Gain (Loss) on Sale of Investments	75.42	75.42	-	-	-82.92	-
Gain (Loss) on Sale of Assets	-105.54	-105.54	-91.76	-87.97	-88.16	-128.48
Pretax Income	2,592	2,596	2,463	2,166	1,849	1,668
Income Tax Expense	134.15	139.02	149.66	114.28	70.79	88.41
Earnings From Continuing Operations	2,458	2,457	2,314	2,052	1,778	1,579
Minority Interest in Earnings	-0.46	-0.58	-0.57	-2.41	-18.33	-15.89
Net Income	2,457	2,456	2,313	2,049	1,760	1,564
Net Income to Common	2,457	2,456	2,313	2,049	1,760	1,564
Net Income Growth	4.47%	6.18%	12.88%	16.44%	12.55%	-21.21%
Shares Outstanding (Basic)	990	989	988	985	982	982
Shares Outstanding (Diluted)	1,000	1,000	1,000	1,000	1,000	1,000
EPS (Basic)	2.48	2.48	2.34	2.08	1.79	1.59
EPS (Diluted)	2.46	2.46	2.31	2.05	1.76	1.56
EPS Growth	4.68%	6.49%	12.68%	16.48%	12.82%	-21.21%
Free Cash Flow	424.28	75.93	1,194	881.47	1,640	2,786
Free Cash Flow Per Share	0.42	0.08	1.19	0.88	1.64	2.79
Dividend Per Share	1.150	1.150	1.000	1.000	1.000	1.000
Dividend Growth	15.00%	15.00%	-	-	-	-
Gross Margin	31.10%	31.22%	31.77%	30.91%	28.73%	30.54%
Operating Margin	13.72%	13.96%	14.61%	14.11%	13.00%	13.26%
Profit Margin	10.94%	11.13%	11.03%	10.47%	9.40%	9.87%
Free Cash Flow Margin	1.89%	0.34%	5.69%	4.50%	8.76%	17.58%
EBITDA	5,424	5,391	5,324	5,053	4,672	4,070
EBITDA Margin	24.15%	24.43%	25.38%	25.81%	24.96%	25.68%
D&A For EBITDA	2,343	2,311	2,260	2,291	2,238	1,969
EBIT	3,082	3,081	3,064	2,762	2,435	2,101
EBIT Margin	13.72%	13.96%	14.61%	14.11%	13.00%	13.26%
Effective Tax Rate	5.18%	5.36%	6.08%	5.28%	3.83%	5.30%

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.