Cash flow Saudi Tadawul Group Holding Company

Equities

1111

SA15DHKGHBH4

Financial & Commodity Market Operators

Market Closed - Saudi Arabian S.E. Other stock markets 08:20:00 2026-03-12 EDT			5-day change	1st Jan Change
140.00 ^SAR	-0.28%		+3.63%	-0.21%

03-05	Citi Upgrades Saudi Tadawul Group to Buy, Lifts PT	MT
03-04	Saudi Tadawul Units Seek Feedback on Proposed Share Listing Rules	MT

0d34e1d1daf9.K-_pl7b29NVAxviDmvfODVhXtdSZ7Uv_lgFKSq289jg.G5qkw-GVx714kIzmxYCjPBUz2Ob93h_H7Gcncs70219yoN6u18WblwOPlw

Published financial data: SAUDI TADAWUL GROUP HOLDING COMPANY

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	1.17B	1.07B	1.07B	1.45B	1.26B
Total Revenues	1.17B	1.07B	1.07B	1.45B	1.26B
Cost of Goods Sold, Total	349M	388M	466M	535M	545M
Gross Profit	817M	684M	607M	912M	716M
Selling General & Admin Expenses, Total	191M	227M	248M	318M	328M
Provision for Bad Debts	-818K	315K	-392K	3.42M	3.07M
R&D Expenses	-	14.87M	19.41M	18.27M	23.44M
Depreciation & Amortization - (IS)	14.47M	16.38M	15.2M	10.27M	44.54M
Other Operating Expenses	-	-	-	-	-
Other Operating Expenses, Total	205M	259M	282M	350M	399M
Operating Income	612M	425M	325M	562M	317M
Interest Expense, Total	-956K	-131K	-171K	-6.22M	-36.08M
Interest And Investment Income	40.6M	74.72M	127M	151M	176M
Net Interest Expenses	39.64M	74.59M	127M	145M	140M
Income (Loss) On Equity Invest.	-3.28M	-9.92M	-17.16M	-29.72M	-720K
Other Non Operating Income (Expenses)	5.73M	2.74M	3.04M	3.94M	-1.06M
EBT, Excl. Unusual Items	654M	492M	437M	681M	456M
Merger & Related Restructuring Charges	-	-	-445K	-	-
Gain (Loss) On Sale Of Investments	-3K	46.66K	-1.45K	492	-6.52K
Other Unusual Items	-	-	-	-	-1.97M
EBT, Incl. Unusual Items	654M	492M	437M	681M	454M
Income Tax Expense	66.22M	67.69M	55.5M	59.83M	59.28M
Earnings From Continuing Operations	588M	425M	381M	621M	395M
Net Income to Company	588M	425M	381M	621M	395M
Minority Interest	-	-	8.56M	957K	1.01M
Net Income - (IS)	588M	425M	390M	622M	396M
Net Income to Common Incl Extra Items	588M	425M	390M	622M	396M
Net Income to Common Excl. Extra Items	588M	425M	390M	622M	396M
Per Share Items
Net EPS - Basic	4.9	3.54	3.25	5.18	3.3
Basic EPS - Continuing Operations	4.9	3.54	3.25	5.18	3.3
Basic Weighted Average Shares Outstanding	120M	120M	120M	120M	120M
Net EPS - Diluted	4.9	3.54	3.25	5.18	3.3
Diluted EPS - Continuing Operations	4.9	3.54	3.25	5.18	3.3
Diluted Weighted Average Shares Outstanding	120M	120M	120M	120M	120M
Normalized Basic EPS	3.41	2.56	2.35	3.55	2.38
Normalized Diluted EPS	3.41	2.56	2.35	3.55	2.38
Dividend Per Share	3	2.31	2.3	3.35	2.3
Payout Ratio	190.57	84.79	71.07	44.38	101.62
Supplemental Items
EBITDA	655M	441M	344M	591M	350M
EBITA	644M	425M	325M	567M	321M
EBIT	612M	425M	325M	562M	317M
Effective Tax Rate - (Ratio)	10.13	13.75	12.7	8.79	13.06
Normalized Net Income	409M	308M	282M	426M	286M
Interest Capitalized	-	-	9.32M	11.52M	3.47M
Interest on Long-Term Debt	956K	131K	9.49M	11.52M	11.29M
Non-Cash Pension Expense	1.74M	2.24M	4.08M	4.52M	5.27M
Supplemental Operating Expense Items
Marketing Expenses	16.55M	22.83M	23.14M	32.79M	33.8M
Selling and Marketing Expenses	16.55M	22.83M	23.14M	32.79M	33.8M
General and Administrative Expenses	34.35M	41.04M	34.26M	44.56M	47.81M
Research And Development Expense From Footnotes	-	14.87M	19.41M	18.27M	23.44M
Maintenance & Repair Expenses, Total	13.81M	-	-	-	-

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	76.2M	2.12B	2.05B	352M	102M
Short Term Investments	101M	-	-	1.45B	2.25B
Trading Asset Securities, Total	2.53B	619M	269M	984M	388M
Total Cash And Short Term Investments	2.71B	2.74B	2.32B	2.79B	2.74B
Accounts Receivable, Total	69.61M	70.94M	102M	110M	108M
Other Receivables	5.43M	7.93M	16.35M	20.92M	13.36M
Total Receivables	75.04M	78.87M	118M	131M	122M
Prepaid Expenses	10.66M	19.06M	23.89M	9.27M	10.52M
Restricted Cash	28.01M	3.06B	1.03B	1.01B	404M
Other Current Assets, Total	82.9M	1.08B	2.59B	3.52B	3.43B
Total Current Assets	2.9B	6.98B	6.08B	7.46B	6.71B
Gross Property Plant And Equipment	217M	286M	638M	721M	852M
Accumulated Depreciation	-154M	-170M	-203M	-184M	-209M
Net Property Plant And Equipment	63.18M	116M	435M	536M	643M
Long-term Investments	431M	457M	775M	724M	822M
Goodwill	-	-	95.13M	65.52M	65.52M
Other Intangibles, Total	145M	139M	254M	357M	401M
Total Assets	3.54B	7.69B	7.64B	9.14B	8.64B
Liabilities
Accounts Payable, Total	6.79M	30.93M	49.79M	52.43M	56.86M
Accrued Expenses, Total	232M	265M	300M	352M	444M
Short-term Borrowings	-	-	959K	-	-
Current Portion of Long-Term Debt	-	-	9.38M	41.82M	118M
Current Portion of Leases	983K	-	51.31M	48.8M	56.83M
Current Income Taxes Payable	66.66M	67.22M	64.22M	65.75M	59.27M
Unearned Revenue Current, Total	3.21M	16.72M	30.38M	44.1M	29.73M
Other Current Liabilities	44.29M	4.05B	3.56B	4.44B	3.79B
Total Current Liabilities	354M	4.43B	4.07B	5.05B	4.56B
Long-Term Debt	-	-	1.15M	150M	300M
Long-Term Leases	-	-	151M	108M	112M
Unearned Revenue Non Current	-	-	12.4M	12.68M	11.19M
Pension & Other Post Retirement Benefits	96.88M	79.56M	98.71M	101M	126M
Other Non Current Liabilities	-	-	175M	231M	87.68M
Total Liabilities	451M	4.51B	4.51B	5.65B	5.19B
Common Stock, Total	1.2B	1.2B	1.2B	1.2B	1.2B
Retained Earnings	1.89B	1.98B	2.09B	2.44B	2.24B
Comprehensive Income and Other	-	-	-161M	-145M	-621K
Total Common Equity	3.09B	3.18B	3.13B	3.49B	3.44B
Minority Interest	-	-	-	-	162K
Total Equity	3.09B	3.18B	3.13B	3.49B	3.44B
Total Liabilities And Equity	3.54B	7.69B	7.64B	9.14B	8.64B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	120M	120M	120M	120M	120M
ECS Total Common Shares Outstanding	120M	120M	120M	120M	120M
Book Value / Share	25.77	26.5	26.08	29.1	28.69
Tangible Book Value	2.95B	3.04B	2.78B	3.07B	2.98B
Tangible Book Value Per Share	24.56	25.34	23.17	25.58	24.8
Total Debt	983K	0	214M	349M	587M
Net Debt	-2.71B	-2.74B	-2.11B	-2.44B	-2.15B
Debt Equivalent of Unfunded Proj. Benefit Obligation	96.88M	79.56M	98.71M	101M	126M
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	162K
Equity Method Investments, Total	376M	401M	384M	551M	551M
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	2.31M	2.31M	4.14M	4.14M	4.14M
Buildings, Total	3.94M	618K	4.85M	4.85M	4.68M
Machinery, Total	204M	225M	249M	246M	584M
Accumulated Allowance for Doubtful Accounts (Supple)	25.8M	26.11M	42.37M	25.51M	28.58M

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	588M	425M	390M	622M	396M
Depreciation & Amortization - CF	25.3M	28.76M	32.98M	31.07M	64.93M
Amortization of Goodwill and Intangible Assets - (CF)	31.72M	-	-	5.06M	3.07M
Depreciation & Amortization, Total	57.02M	28.76M	32.98M	36.13M	67.99M
Amortization of Deferred Charges, Total - (CF)	-	34.42M	41.82M	44.91M	47.81M
(Gain) Loss on Sale of Investments - (CF)	-30.96M	-26.48M	-9.15M	-80.66M	-29.42M
(Income) Loss On Equity Investments - (CF)	-3.28M	9.92M	17.16M	29.72M	720K
Provision and Write-off of Bad Debts	-818K	315K	-390K	3.42M	3.07M
Other Operating Activities, Total	-29.6M	-42.27M	-198M	-67.09M	-98.19M
Change In Accounts Receivable	-3.18M	-4.12M	-10.97M	-7.62M	4.13M
Change In Accounts Payable	809K	24.14M	14.03M	2.63M	1.43M
Change in Unearned Revenues	-8.56K	13.51M	-890K	14.01M	-15.87M
Change in Other Net Operating Assets	13.87M	7.6M	119M	27.61M	137M
Cash from Operations	592M	470M	395M	625M	514M
Capital Expenditure	-43.46M	-99.09M	-141M	-214M	-193M
Cash Acquisitions	-	-	-108M	-	-176M
Investment in Marketable and Equity Securities, Total	562M	2.01B	23.78M	-2.02B	-264M
Other Investing Activities, Total	3.22M	26.26M	117M	67.88M	142M
Cash from Investing	522M	1.93B	-108M	-2.16B	-491M
Long-Term Debt Issued, Total	-	-	-	200M	319M
Total Debt Issued	-	-	-	200M	319M
Long-Term Debt Repaid, Total	-12.8M	-12.18M	-78.09M	-83.75M	-166M
Total Debt Repaid	-12.8M	-12.18M	-78.09M	-83.75M	-166M
Common Dividends Paid	-1.12B	-360M	-277M	-276M	-402M
Common & Preferred Stock Dividends Paid	-1.12B	-360M	-277M	-276M	-402M
Other Financing Activities, Total	-956K	-131K	-33.83K	-	-24.44M
Cash from Financing	-1.13B	-372M	-355M	-160M	-273M
Net Change in Cash	-20.6M	2.03B	-68.21M	-1.7B	-250M
Supplemental Items
Cash Interest Paid	956K	131K	33.83K	-	24.44M
Levered Free Cash Flow	390M	253M	196M	250M	228M
Unlevered Free Cash Flow	391M	253M	196M	254M	251M
Change In Net Working Capital	5.42M	-23.24M	-59.72M	-35.41M	-130M
Net Debt Issued / Repaid	-12.8M	-12.18M	-78.09M	116M	153M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	10.02	4.73	2.65	4.18	2.23
Return on Total Capital	11.34	8.47	6.22	9.73	5.04
Return On Equity %	17.47	13.54	12.09	18.68	11.38
Return on Common Equity	17.47	13.54	12.37	18.7	11.41
Margin Analysis
Gross Profit Margin %	70.06	63.81	56.57	63.03	56.8
SG&A Margin	16.42	21.22	23.11	22	25.99
EBITDA Margin %	56.21	41.12	32.06	40.83	27.78
EBITA Margin %	55.19	39.65	30.27	39.17	25.41
EBIT Margin %	52.47	39.65	30.27	38.82	25.17
Income From Continuing Operations Margin %	50.4	39.63	35.56	42.92	31.29
Net Income Margin %	50.4	39.63	36.36	42.99	31.37
Net Avail. For Common Margin %	50.4	39.63	36.36	42.99	31.37
Normalized Net Income Margin	35.05	28.71	26.28	29.48	22.67
Levered Free Cash Flow Margin	33.44	23.59	18.3	17.27	18.09
Unlevered Free Cash Flow Margin	33.49	23.6	18.31	17.54	19.88
Asset Turnover
Asset Turnover	0.31	0.19	0.14	0.17	0.14
Fixed Assets Turnover	22.34	11.98	3.89	2.98	2.14
Receivables Turnover (Average Receivables)	17.01	15.25	12.4	13.66	11.57
Short Term Liquidity
Current Ratio	8.2	1.58	1.49	1.48	1.47
Quick Ratio	7.86	0.64	0.6	0.58	0.63
Operating Cash Flow to Current Liabilities	1.67	0.11	0.1	0.12	0.11
Days Sales Outstanding (Average Receivables)	21.45	23.94	29.44	26.8	31.55
Average Days Payable Outstanding	6.67	17.75	24.39	34.98	36.6
Long Term Solvency
Total Debt/Equity	0.03	-	6.83	9.99	17.04
Total Debt / Total Capital	0.03	-	6.39	9.08	14.56
LT Debt/Equity	-	-	4.86	7.4	11.96
Long-Term Debt / Total Capital	-	-	4.55	6.73	10.22
Total Liabilities / Total Assets	12.73	58.65	59.03	61.8	60.14
EBIT / Interest Expense	639.67	3.25K	1.9K	90.26	8.8
EBITDA / Interest Expense	699.28	3.47K	2.09K	96.07	10.68
(EBITDA - Capex) / Interest Expense	653.84	2.71K	1.27K	61.72	5.32
Total Debt / EBITDA	0	-	0.6	0.58	1.52
Net Debt / EBITDA	-4.05	-6.04	-5.89	-4.08	-5.58
Total Debt / (EBITDA - Capex)	0	-	0.99	0.91	3.06
Net Debt / (EBITDA - Capex)	-4.33	-7.72	-9.72	-6.35	-11.2
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	8.01	-8.12	-1.6	34.84	-12.81
Gross Profit, 1 Yr. Growth %	10.82	-18.05	-13.61	50.25	-21.44
EBITDA, 1 Yr. Growth %	13.59	-29.36	-25.13	71.95	-40.67
EBITA, 1 Yr. Growth %	12.56	-30.56	-26.8	74.76	-43.43
EBIT, 1 Yr. Growth %	12.87	-30.56	-26.8	73.2	-43.47
Earnings From Cont. Operations, 1 Yr. Growth %	17.42	-27.75	-10.15	62.75	-36.45
Net Income, 1 Yr. Growth %	17.42	-27.75	-8.13	59.42	-36.38
Normalized Net Income, 1 Yr. Growth %	12.17	-24.73	-8.35	51.38	-32.95
Diluted EPS Before Extra, 1 Yr. Growth %	17.42	-27.75	-8.13	59.42	-36.38
Accounts Receivable, 1 Yr. Growth %	3.17	1.9	43.93	7.48	-1.33
Net Property, Plant and Equip., 1 Yr. Growth %	53.2	83.16	276.06	23.27	19.8
Total Assets, 1 Yr. Growth %	-13.43	117.03	-0.69	19.25	-5.51
Tangible Book Value, 1 Yr. Growth %	-14.68	3.14	-8.56	10.42	-3.04
Common Equity, 1 Yr. Growth %	-14.92	2.82	-1.59	10.59	-1.4
Cash From Operations, 1 Yr. Growth %	-3.88	-20.48	-16.08	58.3	-17.68
Capital Expenditures, 1 Yr. Growth %	-4.84	127.99	42.36	51.51	-9.51
Levered Free Cash Flow, 1 Yr. Growth %	-11.61	-36.8	-25.79	27.46	-8.67
Unlevered Free Cash Flow, 1 Yr. Growth %	-11.51	-36.87	-25.77	29.38	-1.18
Dividend Per Share, 1 Yr. Growth %	-	-23	-0.43	45.65	-31.34
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	43.69	-0.38	-4.08	15.19	8.43
Gross Profit, 2 Yr. CAGR %	83.27	-3.7	-14.71	13.93	8.65
EBITDA, 2 Yr. CAGR %	188.95	-12.62	-25.74	13.39	1.01
EBITA, 2 Yr. CAGR %	201.66	-13.8	-27.15	13.02	-0.58
EBIT, 2 Yr. CAGR %	283.23	-11.47	-27.15	12.52	-1.05
Earnings From Cont. Operations, 2 Yr. CAGR %	95.8	-7.9	-19.43	20.93	1.7
Net Income, 2 Yr. CAGR %	95.8	-7.9	-18.53	21.02	0.71
Normalized Net Income, 2 Yr. CAGR %	106.54	-8.11	-16.94	17.73	0.75
Diluted EPS Before Extra, 2 Yr. CAGR %	95.8	-7.9	-18.53	21.02	0.71
Accounts Receivable, 2 Yr. CAGR %	22.05	2.53	21.11	24.38	2.98
Net Property, Plant and Equip., 2 Yr. CAGR %	59.08	67.51	162.45	115.31	21.52
Total Assets, 2 Yr. CAGR %	-0.05	37.07	46.81	9.03	6.15
Tangible Book Value, 2 Yr. CAGR %	-2.22	-6.19	-2.89	0.48	3.47
Common Equity, 2 Yr. CAGR %	-2.6	-6.47	0.59	4.79	4.42
Cash From Operations, 2 Yr. CAGR %	230.43	-12.57	-18.31	15.26	14.16
Capital Expenditures, 2 Yr. CAGR %	-32.04	47.29	80.16	46.86	17.09
Levered Free Cash Flow, 2 Yr. CAGR %	-	-24.31	-29.95	-2.81	7.89
Unlevered Free Cash Flow, 2 Yr. CAGR %	-	-24.31	-29.98	-2.07	13.07
Dividend Per Share, 2 Yr. CAGR %	-	-	-12.44	20.42	0
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-	23.8	-0.21	7.45	4.98
Gross Profit, 3 Yr. CAGR %	-	41.13	-6.28	3.01	0.65
EBITDA, 3 Yr. CAGR %	-	77.71	-15.84	-1.8	-8.63
EBITA, 3 Yr. CAGR %	-	81.78	-17.19	-2.52	-10.26
EBIT, 3 Yr. CAGR %	-	116.85	-15.7	-2.82	-10.55
Earnings From Cont. Operations, 3 Yr. CAGR %	-	40.44	-8.65	1.85	-2.41
Net Income, 3 Yr. CAGR %	-	40.44	-7.98	1.9	-2.33
Normalized Net Income, 3 Yr. CAGR %	-	47.53	-8.19	1.42	-2.41
Diluted EPS Before Extra, 3 Yr. CAGR %	-	40.44	-7.98	1.9	-2.33
Accounts Receivable, 3 Yr. CAGR %	-	14.93	14.81	16.39	15.14
Net Property, Plant and Equip., 3 Yr. CAGR %	-	66.73	119.34	104.01	77.09
Total Assets, 3 Yr. CAGR %	-	29.43	23.11	37.15	3.95
Tangible Book Value, 3 Yr. CAGR %	-	-0.46	-6.99	1.36	-0.71
Common Equity, 3 Yr. CAGR %	-	-0.82	-4.87	4.13	2.69
Cash From Operations, 3 Yr. CAGR %	-	105.53	-13.76	1.85	3.03
Capital Expenditures, 3 Yr. CAGR %	-	1.73	45.63	70.05	24.97
Levered Free Cash Flow, 3 Yr. CAGR %	-	-	-23.66	-14.52	-4.81
Unlevered Free Cash Flow, 3 Yr. CAGR %	-	-	-23.66	-14.12	-1.78
Dividend Per Share, 3 Yr. CAGR %	-	-	-	3.75	-0.14
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-	-	-	20.7	3.16
Gross Profit, 5 Yr. CAGR %	-	-	-	30.25	-0.57
EBITDA, 5 Yr. CAGR %	-	-	-	49.72	-9.49
EBITA, 5 Yr. CAGR %	-	-	-	51.62	-10.93
EBIT, 5 Yr. CAGR %	-	-	-	68.25	-10.15
Earnings From Cont. Operations, 5 Yr. CAGR %	-	-	-	32.28	-4.64
Net Income, 5 Yr. CAGR %	-	-	-	32.32	-4.6
Normalized Net Income, 5 Yr. CAGR %	-	-	-	34.8	-4.73
Diluted EPS Before Extra, 5 Yr. CAGR %	-	-	-	32.32	-4.6
Accounts Receivable, 5 Yr. CAGR %	-	-	-	18.62	9.92
Net Property, Plant and Equip., 5 Yr. CAGR %	-	-	-	84.69	73.19
Total Assets, 5 Yr. CAGR %	-	-	-	20.85	16.11
Tangible Book Value, 5 Yr. CAGR %	-	-	-	-0.09	-2.94
Common Equity, 5 Yr. CAGR %	-	-	-	1.39	-1.08
Cash From Operations, 5 Yr. CAGR %	-	-	-	63.08	-3.52
Capital Expenditures, 5 Yr. CAGR %	-	-	-	17.83	33.46
Levered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-12.36
Unlevered Free Cash Flow, 5 Yr. CAGR %	-	-	-	-	-10.69