Rabigh Refining and Petrochemical Company SJSC 2380.SR · SAR
Energy · Oil, Gas & Consumable Fuels · Tadawul · 🇸🇦 Saudi Arabia
13.92
-2.86%
Close of 9 Nov 2026, in SAR
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At a glance
Figures in SAR, from our data supplier.
Revenue
SAR 35.01bn
FY2016FY2025
Net income
−SAR 3.90bn
FY2016FY2025
Free cash flow
−SAR 1.63bn
FY2016FY2025
Shareholders' equity
SAR 13.03bn
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 35.01bn | SAR 39.35bn | SAR 44.60bn | SAR 55.95bn | SAR 45.64bn | SAR 21.87bn | SAR 34.06bn | SAR 41.00bn | SAR 34.21bn | SAR 25.15bn |
| Gross profit | −SAR 1.75bn | −SAR 985.0m | −SAR 578.5m | SAR 1.68bn | SAR 4.76bn | −SAR 902.6m | SAR 1.72bn | SAR 2.32bn | SAR 2.70bn | SAR 1.11bn |
| Operating income | −SAR 2.55bn | −SAR 2.57bn | −SAR 2.60bn | SAR 237.2m | SAR 3.19bn | −SAR 2.44bn | SAR 697.9m | SAR 1.18bn | SAR 1.70bn | SAR 469.0m |
| Net income | −SAR 3.90bn | −SAR 4.54bn | −SAR 4.69bn | −SAR 1.11bn | SAR 2.04bn | −SAR 3.78bn | −SAR 544.2m | SAR 668.6m | SAR 1.42bn | SAR 36.7m |
| Diluted earnings per share | -2.31 | -2.72 | -2.81 | -0.67 | 1.63 | -3.02 | -0.44 | 0.53 | 1.14 | 0.03 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | SAR 58.55bn | SAR 60.24bn | SAR 63.20bn | SAR 65.58bn | SAR 73.36bn | SAR 70.69bn | SAR 74.03bn | SAR 64.09bn | SAR 61.67bn | SAR 58.13bn |
| Cash and short-term investments | SAR 833.3m | SAR 1.43bn | SAR 1.37bn | SAR 2.04bn | SAR 3.97bn | SAR 1.02bn | SAR 316.1m | SAR 2.92bn | SAR 2.64bn | SAR 2.67bn |
| Total liabilities | SAR 45.52bn | SAR 50.43bn | SAR 52.65bn | SAR 50.32bn | SAR 65.06bn | SAR 64.49bn | SAR 63.99bn | SAR 53.55bn | SAR 51.59bn | SAR 49.75bn |
| Debt | SAR 17.59bn | SAR 31.85bn | SAR 38.80bn | SAR 36.71bn | SAR 49.93bn | SAR 54.94bn | SAR 52.73bn | SAR 41.15bn | SAR 41.00bn | SAR 41.31bn |
| Shareholders' equity | SAR 13.03bn | SAR 9.80bn | SAR 10.55bn | SAR 15.25bn | SAR 8.31bn | SAR 6.20bn | SAR 10.04bn | SAR 10.54bn | SAR 10.09bn | SAR 8.38bn |
| Shares outstanding | 1,687m | 1,671m | 1,671m | 1,671m | 1,251m | 1,251m | 1,251m | 1,251m | 1,251m | 1,251m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | SAR 2.15bn | SAR 4.20bn | −SAR 1.61bn | SAR 4.46bn | SAR 5.30bn | SAR 943.9m | SAR 1.83bn | SAR 3.94bn | SAR 3.09bn | SAR 2.70bn |
| Capital spending | −SAR 3.78bn | −SAR 889.0m | −SAR 1.04bn | −SAR 798.4m | −SAR 456.1m | −SAR 2.35bn | −SAR 3.44bn | −SAR 2.93bn | −SAR 2.60bn | −SAR 5.23bn |
| Free cash flow | −SAR 1.63bn | SAR 3.31bn | −SAR 2.65bn | SAR 3.66bn | SAR 4.84bn | −SAR 1.40bn | −SAR 1.61bn | SAR 1.01bn | SAR 489.9m | −SAR 2.54bn |
| Dividends paid | — | −SAR 24,000 | −SAR 1,000 | −SAR 16,000 | −SAR 10,000 | −SAR 10,000 | −SAR 65,000 | −SAR 437.3m | −SAR 1,000 | −SAR 9,000 |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | SAR 20.37bn | SAR 14.85bn | SAR 10.65bn | SAR 9.19bn | SAR 4.05bn | SAR 11.49bn | SAR 11.40bn | SAR 9.96bn |
| Gross profit | SAR 3.26bn | SAR 1.99bn | SAR 57.6m | −SAR 727.2m | −SAR 921.1m | SAR 218.6m | SAR 118.1m | −SAR 450.7m |
| Operating income | SAR 3.00bn | SAR 1.78bn | −SAR 237.3m | −SAR 909.1m | −SAR 1.10bn | −SAR 314.3m | −SAR 339.9m | −SAR 886.2m |
| Net income | SAR 2.66bn | SAR 1.47bn | −SAR 606.7m | −SAR 1.24bn | −SAR 1.37bn | −SAR 690.8m | −SAR 779.3m | −SAR 1.30bn |
| Diluted earnings per share | 1.21 | 0.67 | -0.36 | -0.73 | -0.81 | -0.41 | -0.47 | -0.78 |
| Cash from operations | SAR 9.52bn | SAR 1.41bn | SAR 2.19bn | −SAR 1.98bn | SAR 5.22bn | −SAR 3.29bn | SAR 5.09bn | −SAR 578.0m |
| Capital spending | −SAR 296.0m | −SAR 221.0m | −SAR 680.0m | −SAR 1.00bn | −SAR 1.48bn | −SAR 615.0m | −SAR 394.0m | −SAR 161.0m |
| Free cash flow | SAR 9.23bn | SAR 1.19bn | SAR 1.51bn | −SAR 2.98bn | SAR 3.74bn | −SAR 3.91bn | SAR 4.69bn | −SAR 739.0m |
| Total assets | SAR 69.38bn | SAR 62.56bn | SAR 58.55bn | SAR 59.93bn | SAR 58.09bn | SAR 61.54bn | SAR 60.24bn | SAR 60.47bn |
| Cash and short-term investments | — | — | SAR 833.3m | SAR 578.4m | SAR 463.2m | SAR 469.4m | SAR 1.43bn | SAR 378.4m |
| Debt | SAR 13.81bn | SAR 13.78bn | SAR 17.59bn | SAR 24.20bn | SAR 20.63bn | SAR 24.54bn | SAR 23.02bn | SAR 26.82bn |
| Shareholders' equity | SAR 17.15bn | SAR 14.49bn | SAR 13.03bn | SAR 8.39bn | SAR 9.62bn | SAR 10.99bn | SAR 9.80bn | SAR 10.58bn |
Financial ratios
Data as of 29 Sept 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | |
|---|---|---|---|---|---|---|
| Gross margin | -5.0% | -2.5% | -1.3% | 3.0% | 10.4% | -4.1% |
| Operating margin | -7.3% | -6.5% | -5.8% | 0.4% | 7.0% | -11.1% |
| Net margin | -11.1% | -11.5% | -10.5% | -2.0% | 4.5% | -17.3% |
| Return on equity | -29.9% | -46.4% | -44.5% | -7.3% | 24.5% | -61.0% |
| Return on assets | -6.7% | -7.5% | -7.4% | -1.7% | 2.8% | -5.3% |
| Free cash flow yield | 20.6% | 17.8% | -2.0% | 18.4% | 26.9% | 15.4% |
| Revenue growth | -11.0% | -11.8% | -20.3% | 22.6% | 108.7% | -35.8% |
| Earnings growth | -14.2% | -3.2% | 320.9% | -154.7% | -153.9% | 594.9% |
| Current ratio | 0.40x | 0.51x | 0.52x | 0.46x | 0.53x | 0.47x |
| Debt to equity | 1.35x | 2.35x | 2.78x | 1.74x | 4.73x | 7.06x |
| Equity ratio | 22.3% | 16.3% | 16.7% | 23.3% | 11.3% | 8.8% |
| Interest coverage | -1.72x | -1.17x | -1.17x | 0.17x | 2.93x | -1.62x |
| Buybacks as a share of market value | -0.9% | 0.0% | 0.0% | -33.6% | -0.0% | 0.0% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | -14.5% | 9.9% | 3.2% |
| Operating income | — | 0.9% | 12.9% |
| Net income | 51.8% | 0.6% | 17.8% |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | -3.7% | -0.9% | 0.9% | 2.6% |
| Operating margin | -6.9% | -4.3% | -2.8% | -0.9% |
| Net margin | -11.4% | -8.1% | -6.6% | -3.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | -3.0 | -3.0 | -3.7 | -16.0 | 8.9 | -3.2 | -34.9 | 25.0 | 10.1 | 280.9 |
| Price to sales | 0.3 | 0.3 | 0.4 | 0.3 | 0.4 | 0.6 | 0.6 | 0.4 | 0.4 | 0.4 |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 25 Apr 2018.
| FY2018 | FY2015 | |
|---|---|---|
| Paid in the year | 0.35 | 0.35 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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