Saudi Aramco (2222) stock price, revenue, and financials

Saudi Aramco annual revenue was $355.94 b in FY 2018

$163.9 B

Saudi Aramco Revenue H1, 2019
Saudi Aramco Gross profit (H1, 2019)105 B
Saudi Aramco Gross profit margin (H1, 2019), %64%
Saudi Aramco Net income (H1, 2019)46.9 B
Saudi Aramco EBIT (H1, 2019)92.8 B
Saudi Aramco Cash, 30-Jun-201939.5 B

Saudi Aramco Income Statement

Annual

USDFY, 2016FY, 2017FY, 2018

Revenue

135.0b264.2b355.9b

Revenue growth, %

96%35%

Cost of goods sold

86.4b121.0b

Gross profit

177.8b235.0b

Gross profit Margin, %

67%66%

R&D expense

507.0m591.0m

General and administrative expense

8.3b8.3b

Operating expense total

22.3b22.1b

Depreciation and amortization

9.9b11.0b

EBITDA

94.0b

EBITDA margin, %

70%

EBIT

155.4b212.9b

EBIT margin, %

59%60%

Interest expense

557.0m789.0m

Interest income

1.1b2.8b

Investment income

73.0m63.0m

Pre tax profit

155.1b212.8b

Income tax expense

38.0b79.2b101.7b

Net Income

13.0b75.9b111.1b

Half Year

USDH1, 2018H1, 2019

Revenue

167.7b163.9b

Cost of goods sold

55.6b58.9b

Gross profit

112.1b105.0b

Gross profit Margin, %

67%64%

R&D expense

276.0m254.0m

General and administrative expense

4.2b4.5b

Operating expense total

10.9b12.2b

Depreciation and amortization

5.3b6.5b

EBIT

101.2b92.8b

EBIT margin, %

60%57%

Interest expense

370.0m741.0m

Pre tax profit

101.2b92.5b

Income tax expense

48.2b45.6b

Net Income

53.0b46.9b

Saudi Aramco Balance Sheet

Annual

USDFY, 2017FY, 2018

Cash

21.7b48.8b

Accounts Receivable

23.2b25.0b

Inventories

9.1b11.6b

Current Assets

67.5b102.0b

PP&E

200.3b233.0b

Total Assets

294.0b359.0b

Accounts Payable

16.5b19.3b

Short-term debt

2.4b8.0b

Current Liabilities

39.7b49.0b

Long-term debt

18.3b19.0b

Non-Current Liabilities

33.9b35.7b

Total Debt

20.7b27.0b

Total Liabilities

73.7b84.7b

Common Stock

16.0b

Additional Paid-in Capital

7.2b7.2b

Retained Earnings

192.3b247.1b

Total Equity

220.4b274.2b

Debt to Equity Ratio

0.1 x0.1 x

Debt to Assets Ratio

0.1 x0.1 x

Financial Leverage

1.3 x1.3 x

Half Year

USDH1, 2019

Cash

39.5b

Accounts Receivable

26.7b

Inventories

12.0b

Current Assets

105.9b

PP&E

247.9b

Total Assets

379.8b

Accounts Payable

18.2b

Short-term debt

10.2b

Current Liabilities

50.4b

Long-term debt

35.9b

Non-Current Liabilities

56.4b

Total Debt

46.1b

Total Liabilities

106.7b

Common Stock

16.0b

Additional Paid-in Capital

7.2b

Retained Earnings

246.4b

Total Equity

273.1b

Debt to Equity Ratio

0.2 x

Debt to Assets Ratio

0.1 x

Financial Leverage

1.4 x

Saudi Aramco Cash Flow

Annual

USDFY, 2017FY, 2018

Depreciation and Amortization

9.9b11.0b

Accounts Receivable

(4.8b)(1.5b)

Inventories

(2.0b)(1.7b)

Accounts Payable

(304.0m)1.4b

Cash From Operating Activities

89.0b121.0b

Capital Expenditures

(32.5b)(35.1b)

Cash From Investing Activities

(31.6b)(35.0b)

Long-term Borrowings

(3.0b)(3.0b)

Dividends Paid

(291.0m)(58.2b)

Cash From Financing Activities

(48.5b)(58.8b)

Net Change in Cash

8.8b27.2b

Interest Paid

479.0m733.0m

Free Cash Flow

56.4b85.8b

Half Year

USDH1, 2018H1, 2019

Depreciation and Amortization

5.3b6.5b

Accounts Receivable

(8.3b)(2.0b)

Inventories

(1.9b)(422.0m)

Accounts Payable

1.6b(1.2b)

Cash From Operating Activities

52.1b52.5b

Capital Expenditures

(16.5b)(14.5b)

Cash From Investing Activities

(15.6b)(25.9b)

Long-term Borrowings

(1.3b)(1.6b)

Dividends Paid

(32.2b)(46.4b)

Cash From Financing Activities

(32.7b)(35.8b)

Net Change in Cash

3.8b(9.3b)

Interest Paid

351.0m634.0m

Free Cash Flow

35.6b38.0b

Saudi Aramco Ratios

USDFY, 2016

Saudi Aramco Operating Metrics

Y, 2013Y, 2014Y, 2015FY, 2016FY, 2017H1, 2018FY, 2018H1, 2019

Gasoline Produced, barrels per day

250 k248 k

Butane Production, barrels per day

347 k349 k

Condensate Production, barrels per day

228 k216 k

Ethane Production, cubic feet per day

796 m809 m794 m920 m936 m

Hydrocarbon Production, barrels per day

13.20 m13.20 m

Natural Gas Transported, cubic feet

7.49 b7.78 b7.98 b8.28 b8.73 b

Oil Production, barrels per day

9.40 m9.50 m10.20 m10.70 m10.20 m10 m10 m

Oil Production, barrels per year

3.40 b3.50 b3.70 b3.92 b3.74 b

Patents Issued

15

Propane Production, barrels per day

535 k524 k

Raw Gas Processed, cubic feet

11.01 b11.28 b11.43 b12.03 b12.44 b

Sulfur Recovery, metric tons per day

16.54 k17.98 k

Sulfur Sold, metric tons per day

9.73 k8.18 k

Saudi Aramco Employee Rating

3.8884 votes
Culture & Values
3.6
Work/Life Balance
3.8
Senior Management
3.3
Salary & Benefits
4.1
Career Opportunities
3.5
Source