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Etihad Etisalat Company SJSC 7020.SR · SAR

Communication Services · Wireless Telecommunication Services · Tadawul · 🇸🇦 Saudi Arabia

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57.70

-2.29%

Close of 8 Nov 2026, in SAR

At a glance

Figures in SAR, from our data supplier.

FY2025

Revenue

SAR 19.64bn

FY2016FY2025

Net income

SAR 3.47bn

FY2016FY2025

Free cash flow

SAR 3.91bn

FY2016FY2025

Shareholders' equity

SAR 20.33bn

FY2016FY2025

Income statement

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
RevenueSAR 19.64bnSAR 18.21bnSAR 16.76bnSAR 15.67bnSAR 14.83bnSAR 14.05bnSAR 13.45bnSAR 11.86bnSAR 11.35bnSAR 12.57bn
Gross profitSAR 10.74bnSAR 9.89bnSAR 9.45bnSAR 9.36bnSAR 8.67bnSAR 8.15bnSAR 7.80bnSAR 6.58bnSAR 6.53bnSAR 7.43bn
Operating incomeSAR 3.85bnSAR 3.53bnSAR 2.98bnSAR 2.31bnSAR 1.67bnSAR 1.91bnSAR 967.0mSAR 602.9mSAR 19.3mSAR 234.7m
Net incomeSAR 3.47bnSAR 3.11bnSAR 2.23bnSAR 1.66bnSAR 1.07bnSAR 783.3mSAR 31.2m−SAR 122.7m−SAR 708.9m−SAR 203.0m
Diluted earnings per share4.534.032.902.151.391.020.04-0.16-0.92-0.26

Balance sheet

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Total assetsSAR 42.46bnSAR 38.52bnSAR 38.82bnSAR 39.77bnSAR 39.36bnSAR 38.42bnSAR 39.26bnSAR 38.56bnSAR 40.47bnSAR 41.19bn
Cash and short-term investmentsSAR 3.97bnSAR 1.52bnSAR 3.78bnSAR 827.7mSAR 2.05bnSAR 1.23bnSAR 2.09bnSAR 2.03bnSAR 2.19bnSAR 1.22bn
Total liabilitiesSAR 22.13bnSAR 19.64bnSAR 21.19bnSAR 23.41bnSAR 24.17bnSAR 23.97bnSAR 25.51bnSAR 24.70bnSAR 26.21bnSAR 25.83bn
DebtSAR 6.88bnSAR 9.46bnSAR 11.53bnSAR 12.84bnSAR 13.95bnSAR 14.09bnSAR 14.89bnSAR 13.02bnSAR 14.88bnSAR 15.21bn
Shareholders' equitySAR 20.33bnSAR 18.88bnSAR 17.62bnSAR 16.36bnSAR 15.20bnSAR 14.45bnSAR 13.75bnSAR 13.87bnSAR 14.25bnSAR 15.36bn
Shares outstanding766m770m770m770m770m770m770m773m770m770m

Cash flow

Fiscal years

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash from operationsSAR 6.92bnSAR 6.34bnSAR 5.77bnSAR 5.68bnSAR 4.81bnSAR 4.17bnSAR 3.51bnSAR 3.49bnSAR 3.59bnSAR 4.02bn
Capital spending−SAR 3.01bn−SAR 2.67bn−SAR 1.92bn−SAR 2.43bn−SAR 2.22bn−SAR 3.45bn−SAR 2.10bn−SAR 1.79bn−SAR 2.34bn−SAR 5.60bn
Free cash flowSAR 3.91bnSAR 3.67bnSAR 3.85bnSAR 3.25bnSAR 2.59bnSAR 723.7mSAR 1.40bnSAR 1.70bnSAR 1.25bn−SAR 1.59bn
Dividends paid−SAR 1.88bn−SAR 1.76bn−SAR 852.3m−SAR 640.2m−SAR 377.5m−SAR 377.5m−SAR 377.5m−SAR 377.5m——

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
RevenueSAR 5.08bnSAR 5.04bnSAR 5.19bnSAR 4.85bnSAR 4.83bnSAR 4.78bnSAR 4.70bnSAR 4.50bn
Gross profitSAR 2.84bnSAR 2.82bnSAR 1.88bnSAR 1.76bnSAR 2.62bnSAR 2.55bnSAR 2.51bnSAR 2.57bn
Operating incomeSAR 982.1mSAR 992.2mSAR 1.07bnSAR 1.04bnSAR 891.3mSAR 850.0mSAR 1.11bnSAR 960.0m
Net incomeSAR 901.1mSAR 879.7mSAR 953.0mSAR 916.4mSAR 829.9mSAR 767.0mSAR 979.4mSAR 828.5m
Diluted earnings per share1.171.151.241.201.081.001.271.08
Cash from operationsSAR 1.35bnSAR 1.57bnSAR 2.14bnSAR 1.29bnSAR 1.87bnSAR 1.49bnSAR 2.22bnSAR 1.62bn
Capital spending−SAR 973.0m−SAR 936.0m−SAR 1.06bn−SAR 183.0m−SAR 1.26bn−SAR 506.0m−SAR 1.01bn−SAR 494.0m
Free cash flowSAR 377.0mSAR 637.0mSAR 1.08bnSAR 1.11bnSAR 614.0mSAR 988.0mSAR 1.22bnSAR 1.13bn
Total assetsSAR 42.26bnSAR 42.22bnSAR 42.46bnSAR 39.99bnSAR 39.96bnSAR 40.92bnSAR 38.52bnSAR 37.83bn
Cash and short-term investments——SAR 3.97bnSAR 3.04bnSAR 2.88bnSAR 3.92bnSAR 1.52bnSAR 2.45bn
DebtSAR 4.79bnSAR 4.97bnSAR 6.88bnSAR 1.80bnSAR 7.24bnSAR 7.33bnSAR 7.40bnSAR 7.56bn
Shareholders' equitySAR 20.87bnSAR 19.96bnSAR 20.33bnSAR 19.29bnSAR 19.45bnSAR 18.64bnSAR 18.88bnSAR 17.89bn

Financial ratios

Data as of 17 Sept 2026

FY2025FY2024FY2023FY2022FY2021FY2020
Gross margin54.7%54.3%56.4%59.8%58.5%58.0%
Operating margin19.6%19.4%17.8%14.7%11.2%13.6%
Net margin17.6%17.1%13.3%10.6%7.2%5.6%
Return on equity17.1%16.5%12.7%10.1%7.1%5.4%
Return on assets8.2%8.1%5.7%4.2%2.7%2.0%
Free cash flow yield20.1%18.2%15.5%16.4%14.2%15.4%
Revenue growth7.9%8.6%7.0%5.6%5.6%4.4%
Earnings growth11.6%39.2%34.7%54.6%36.8%2411.8%
Current ratio0.87x0.91x0.85x0.83x0.73x0.59x
Debt to equity0.34x0.39x0.54x0.65x0.77x0.85x
Equity ratio47.9%49.0%45.4%41.1%38.6%37.6%
Interest coverage5.70x5.74x4.48x3.81x3.30x3.40x
Buybacks as a share of market value0.6%0.0%0.0%0.0%0.0%0.0%

Growth per year

Compound annual rate

3 years5 years10 years
Revenue7.8%6.9%3.1%
Operating income18.5%15.1%—
Net income27.9%34.6%—

Average margins

Over each period

1 year3 years5 years10 years
Gross margin54.5%56.1%56.8%56.9%
Operating margin19.5%18.0%16.4%10.7%
Net margin17.4%14.9%12.4%6.3%

Valuation history

At each fiscal year end

FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Price to earnings14.613.216.916.122.428.2—-104.5-16.1-91.0
Price to sales2.62.32.31.71.61.61.41.11.01.5

Dividends and splits

Per share, in the currency the company pays

Paid for 5 years. Last went ex-dividend on 2 Aug 2026.

FY2026FY2025FY2024FY2023FY2021FY2020FY2014FY2013
Paid in the year3.002.502.351.150.850.503.754.70
  • 11-for-10 split · 13 Jan 2013
  • 5-for-1 split · 8 Apr 2006

Sources and methodology

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

Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.