Stock · 2222.SR · Energy
Saudi Arabia · Large Cap · Revenue 12 mo. SAR 1.8T
Price as of 11/05/2026
Saudi Arabian Oil Company operates as an integrated energy and chemical company in the Kingdom of Saudi Arabia and internationally.
Saudi Arabian Oil Company operates as an integrated energy and chemical company in the Kingdom of Saudi Arabia and internationally. The company operates through two segments, Upstream and Downstream. The Upstream segment explores, develops, produces, and sells crude oil, condensate, natural gas, and natural gas liquids (NGLs). The Downstream segment produces various chemicals, such as aromatics, olefins, and polyolefins; polyols, isocyanates, and synthetic rubber; methanol, MTBE, glycols, linear alpha olefins, polyethylene, polypropylene, polyethylene terephthalate, polyvinyl chloride, polystyrene, polycarbonate, and engineering thermoplastics and their blends; and lubricants and base oils, as well as engages in the refining and petrochemicals, retail operations, distribution, supply and trading, and power generation. It also markets and distributes hydrocarbons, petroleum products; and trades crude oil, refined petroleum, and liquid chemical products. In addition, the company develops, manufactures, and markets high-performance rubber; and provides crude oil storage, investment, consulting, information technology, personnel and other support, agri-nutrients, purchasing, engineering, benefits administration, oil field, insurance, pipeline transport, vendor sourcing, marketing and sales support, financing, support, and marine management and transportation services. Further, it engages in aircraft operations and leasing; aviation; sports club; retail fuel marketing and operations; investment management of post-employment benefit plans; wholesale fuel operations; importing and exporting refined products and crude oil; and real estate holdings. Additionally, the company engages in prospecting, exploring, drilling, processing, manufacturing, refining, extracting, and marketing hydrocarbon substances. The company was founded in 1933 and is headquartered in Dhahran, the Kingdom of Saudi Arabia.
Original text from the data provider
Summary
61.4 of 100
Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.
Analysis
What the price requires
If free cash flow stays at €75.7B (2025), it supports €841.2B. The remaining €672.1B of the market value assume it grows 8.2% a year for 10 years and not at all afterwards.
Required FCF growth per year
8.2%
no growth afterwards
Price to operating cash flow 12.7×, within its usual range.
Middle half of 20 quarters: 12.0× to 14.5×, median 12.9×.
Measures only against its own past, not against what the company is worth. Price as of 11/05/2026.
with respect to the priced-in expectation
with respect to the priced-in expectation
Since the last quarter
Q1 → Q2 2026
5 more unchanged: FCF, 12 mo., Gross margin, EBIT margin, Shares outstanding, Return on equity
Derivation
Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.
Price as of 11/05/2026.
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Return on equity | 23.33% | 11.63% | Rank 83 |
| Return on capital (Greenblatt) | 39.14% | 11.00% | Rank 93 |
| EBIT margin | 44.23% | 14.02% | Rank 95 |
| FCF margin | 18.94% | 7.36% | Rank 79 |
| Gross margin | 50.16% | 23.60% | Rank 89 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Revenue growth, 1 year | −7.24% | −1.93% | Rank 23 |
| Earnings growth, 3 years per year | −16.45% | −10.72% | Rank 41 |
| Earnings growth, 5 years per year | 13.50% | 14.99% | Rank 48 |
| Sustainable growth (ROE × retained earnings) | 11.40% | 9.68% | Rank 59 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Earnings yield | 5.50% | 4.80% | Rank 58 |
| FCF yield | 5.00% | 5.05% | Rank 50 |
| EV/saleslower is better | 3.83 | 2.31 | Rank 31 |
| EV/EBITlower is better | 8.66 | 15.16 | Rank 88 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Share price, 1 year | −8.37% | 14.27% | Rank 17 |
| Share price, 6 months | −3.34% | −0.91% | Rank 45 |
| Share price, 3 months | 3.85% | 2.95% | Rank 57 |
| Distance from 52-week high | −6.44% | −17.83% | Rank 96 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Accruals (Sloan)lower is better | 2.39% | 0.88% | Rank 34 |
| Change in share countlower is better | −0.08% | −0.04% | Rank 55 |
| Dividend streak in years | 0 | 3 | Rank 17 |
| Price reaction to results, market-adjusted | 0.17% | 0.36% | Rank 45 |
| Metric | Stock | Sector median | Position in sector |
|---|---|---|---|
| Equity ratio | 58.46% | 41.22% | Rank 87 |
| Net debt/EBITDAlower is better | 0.09 | 1.33 | Rank 88 |
| Debt to equitylower is better | 0.24 | 0.69 | Rank 85 |
| Volatility, 1 yearlower is better | 14.49% | 31.61% | Rank 100 |
Ten years in figures
| Year | Revenue | EBIT margin | FCF, SAR B | Shares | Net debt, SAR B |
|---|---|---|---|---|---|
| 2016 | SAR 504.6B | 60.6% | 6.1 | 266B | 4.4 |
| 2017 | SAR 990.7B | 58.8% | 211.7 | 242B | −3.6 |
| 2018 | SAR 1.3T | 59.3% | 321.9 | 242B | −81.8 |
| 2019 | SAR 1.2T | 54.6% | 293.6 | 242B | −2.1 |
| 2020 | SAR 862.1B | 44.5% | 184.3 | 242B | 328.8 |
| 2021 | SAR 1.5T | 51.4% | 403.0 | 242B | 211.3 |
| 2022 | SAR 2.3T | 50.5% | 557.0 | 242B | 167.1 |
| 2023 | SAR 1.9T | 46.8% | 379.5 | 242B | 91.2 |
| 2024 | SAR 1.8T | 43.7% | 320.0 | 242B | 102.6 |
| 2025 | SAR 1.7T | 44.2% | 316.6 | 242B | 120.5 |
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Detail data
Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.
The match with the 18 strategies checked is visible with Plus.
Selected fundamental metrics for Saudi Aramco.
| Metric | Stock | Sector |
|---|---|---|
| P/E ratio | 18.2 | 20.0 |
| P/B ratio | 4.2 | 2.3 |
| Return on equity (ROE) | 23.3% | 11.6% |
| Equity ratio | 58.5% | 41.2% |
| Debt-to-equity (D/E) | 0.24 | 0.69 |
| Dividend yield | 5.2% | 3.5% |
How comparable stocks in the same sector score in the StockScorer model.
| Symbol | Company | Rating |
|---|---|---|
| 2222.SR | Saudi Aramcothis page | |
| XOM | Exxon Mobil Corp | locked |
| CVX | Chevron Corp | locked |
| 601857.SS | PetroChina Co Ltd Class A | locked |
| SHEL.L | Shell plc | locked |
| TTE.PA | TotalEnergies SE | locked |
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Learn more about the metrics in the metrics glossary or all rated stocks in the stock overview.
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