The comprehensive fundamental financial analysis report on Saudi Aramco, issued by "Yamama Insights," provides an extensive financial and strategic analysis of the company’s performance over the 2021–2025 financial period, along with an overview of developments in 2026. The report documents a decline in total revenue to SAR 1,671.2 billion in 2025 and a contraction in net profit to SAR 350.2 billion, affected by margin pressure and an increase in the effective tax and zakat rate to 50.2%. In contrast, the company showed notable stability in operating cash flow, which reached SAR 510.8 billion, alongside increased capital expenditure to support expansion projects in the gas and technology sectors. Net debt returned to slightly positive levels, reaching SAR 105.9 billion, while the company maintained low financial leverage.
Team:
- Arwa Alhuwaiti - Financial Analyst @Arwa Alhuwaiti
- Sama Alqinyah - Financial Analyst@سما القنيه
- Lamar Alshammari - Financial Analyst
- Hana Almutlaq - Financial Analyst @Hana Almutlaq
Supervised by:
- Hamad Alsaeed - Financial and Economic Analyst @Hamad Alsaeed