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Acwa Power Company SJSC 2082.SR · SAR

Utilities · Independent Power and Renewable Electricity Producers · Tadawul · 🇸🇦 Saudi Arabia

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157.00

+2.08%

Close of 8 Nov 2026, in SAR

At a glance

Figures in SAR, from our data supplier.

FY2025

Revenue

SAR 7.41bn

FY2016FY2025

Net income

SAR 1.85bn

FY2016FY2025

Free cash flow

−SAR 1.20bn

FY2016FY2025

Shareholders' equity

SAR 29.02bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueSAR 7.41bnSAR 6.30bnSAR 6.10bnSAR 5.28bnSAR 5.24bnSAR 4.83bnSAR 4.26bnSAR 3.39bnSAR 3.73bnSAR 3.20bn
Gross profitSAR 3.70bnSAR 3.33bnSAR 3.50bnSAR 2.87bnSAR 2.85bnSAR 2.53bnSAR 2.19bnSAR 1.41bnSAR 1.63bnSAR 1.34bn
Research and developmentSAR 147.1mSAR 222.8mSAR 69.6mSAR 35.4mSAR 133.2mSAR 142.9m————
Operating incomeSAR 2.96bnSAR 3.01bnSAR 2.98bnSAR 2.61bnSAR 1.89bnSAR 1.84bnSAR 1.61bnSAR 859.3mSAR 963.2mSAR 700.0m
Net incomeSAR 1.85bnSAR 1.76bnSAR 1.66bnSAR 1.54bnSAR 758.8mSAR 882.6mSAR 619.5m−SAR 101.9mSAR 920.2mSAR 875.1m
Diluted earnings per share2.422.402.272.111.051.360.96-0.141.261.59

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsSAR 70.06bnSAR 56.88bnSAR 55.02bnSAR 48.85bnSAR 45.71bnSAR 36.26bnSAR 37.72bnSAR 36.17bnSAR 32.66bnSAR 25.05bn
Cash and short-term investmentsSAR 8.16bnSAR 4.08bnSAR 5.96bnSAR 6.35bnSAR 5.17bnSAR 832.7mSAR 2.80bnSAR 5.50bnSAR 3.24bnSAR 1.36bn
Total liabilitiesSAR 38.41bnSAR 32.58bnSAR 34.31bnSAR 28.82bnSAR 31.39bnSAR 28.86bnSAR 27.12bnSAR 25.09bnSAR 22.77bnSAR 16.04bn
DebtSAR 30.65bnSAR 26.48bnSAR 25.68bnSAR 23.84bnSAR 24.05bnSAR 20.04bnSAR 20.20bnSAR 19.37bnSAR 18.96bnSAR 12.28bn
Shareholders' equitySAR 29.02bnSAR 21.86bnSAR 19.16bnSAR 18.66bnSAR 13.48bnSAR 6.87bnSAR 9.90bnSAR 9.69bnSAR 8.50bnSAR 7.77bn
Shares outstanding766m733m731m731m722m647m647m733m733m549m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsSAR 3.16bnSAR 3.47bnSAR 3.34bnSAR 2.91bnSAR 3.86bnSAR 1.88bnSAR 364.2mSAR 904.6mSAR 1.89bnSAR 497.1m
Capital spending−SAR 4.37bn−SAR 4.37bn−SAR 3.68bn−SAR 1.56bn−SAR 2.05bn−SAR 1.46bn−SAR 2.05bn−SAR 3.19bn−SAR 5.26bn−SAR 3.91bn
Free cash flow−SAR 1.20bn−SAR 900.6m−SAR 337.1mSAR 1.35bnSAR 1.81bnSAR 417.8m−SAR 1.68bn−SAR 2.28bn−SAR 3.36bn−SAR 3.41bn
Dividends paid−SAR 120.7m−SAR 450.3m−SAR 706.0m−SAR 625.6m−SAR 905.9m−SAR 1.08bn−SAR 338.6m−SAR 294.6m−SAR 337.8m−SAR 216.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueSAR 2.01bnSAR 2.02bnSAR 2.04bnSAR 1.68bnSAR 1.75bnSAR 1.97bnSAR 1.74bnSAR 1.75bn
Gross profitSAR 977.0mSAR 926.6mSAR 996.5mSAR 975.5mSAR 714.1mSAR 1.10bnSAR 873.3mSAR 999.8m
Operating incomeSAR 559.2mSAR 566.7m—SAR 443.0mSAR 752.6mSAR 870.0mSAR 778.0mSAR 465.4m
Net incomeSAR 308.4mSAR 344.8mSAR 572.1mSAR 371.2mSAR 481.8mSAR 427.2mSAR 502.2mSAR 328.1m
Diluted earnings per share0.400.450.750.480.630.560.690.45
Cash from operationsSAR 768.0mSAR 345.0mSAR 2.59bnSAR 17.0mSAR 603.0mSAR 719.0mSAR 1.88bnSAR 285.0m
Capital spending−SAR 1.04bn−SAR 872.0m−SAR 1.55bn−SAR 749.0m−SAR 1.23bn−SAR 831.0m−SAR 2.09bn−SAR 286.0m
Free cash flow−SAR 276.0m−SAR 527.0mSAR 1.03bn−SAR 732.0m−SAR 630.0m−SAR 112.0m−SAR 204.0m−SAR 1.0m
Total assetsSAR 74.14bnSAR 72.05bnSAR 70.06bnSAR 68.62bnSAR 60.89bnSAR 59.04bnSAR 56.88bnSAR 55.08bn
Cash and short-term investments——SAR 8.16bnSAR 9.89bnSAR 4.28bnSAR 3.99bnSAR 4.08bnSAR 5.92bn
DebtSAR 30.05bnSAR 29.24bnSAR 30.65bnSAR 3.75bnSAR 29.75bnSAR 28.08bnSAR 26.29bnSAR 26.46bn
Shareholders' equitySAR 30.04bnSAR 29.44bnSAR 29.02bnSAR 28.20bnSAR 21.47bnSAR 20.99bnSAR 21.86bnSAR 18.52bn

Financial ratios

Data as of 7 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin50.0%52.9%57.3%54.3%54.5%52.3%
Operating margin39.9%47.8%48.9%49.6%36.1%38.2%
Net margin25.0%27.9%27.3%29.2%14.5%18.3%
Return on equity6.4%8.0%8.7%8.3%5.6%12.8%
Return on assets2.6%3.1%3.0%3.2%1.7%2.4%
Free cash flow yield5.0%5.5%4.9%3.1%4.2%2.6%
Revenue growth17.7%3.3%15.5%0.8%8.4%13.5%
Earnings growth5.4%5.7%7.9%103.0%-14.0%42.5%
Current ratio2.22x1.93x1.80x2.63x1.90x0.75x
Debt to equity1.06x1.20x1.33x1.27x1.78x2.91x
Equity ratio41.4%38.4%34.8%38.2%29.5%18.9%
Interest coverage1.74x2.33x2.05x2.34x1.80x1.80x
R&D as a share of sales2.0%3.5%1.1%0.7%2.5%3.0%
Buybacks as a share of market value-4.5%-0.2%0.0%-1.3%-11.5%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue12.0%9.0%—
Operating income4.2%9.9%—
Net income6.3%16.0%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin51.3%53.4%53.4%—

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021
Price to earnings75.2167.3112.872.079.7
Price to sales18.846.730.821.011.6

Dividends and splits

Per share, in the currency the company pays

Paid for 0 years. Last went ex-dividend on 26 Aug 2026.

FY2026FY2024FY2023FY2022
Paid in the year0.460.4460.8280.762
  • 1.002-for-1 split · 30 Apr 2024

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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