Saudi Arabian Mining Company (Maaden) revenue and financials

1211 · Tadawul · SAR

SAR 63.00−1.33%−SAR 0.85

Close · October 7, 2026

In the fiscal year ended December 2025, Saudi Arabian Mining Company (Maaden) reported revenue of SAR 38.58B (+18.53% year over year). Net income was SAR 7.35B, a net margin of 19.0%.

Annual revenue · 2025: SAR 38.58B

SAR 9.46B2016
SAR 12.09B2017
SAR 14.17B2018
SAR 17.74B2019
SAR 18.58B2020
SAR 26.77B2021
SAR 40.28B2022
SAR 29.27B2023
SAR 32.55B2024
SAR 38.58B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth: +18.53%; 2025 vs 2024
Net income growth: +155.89%; 2025 vs 2024
Net margin: 19.0%; 2024: 8.8%

Financial data

Amounts in millions of SAR; per-share values in SAR; shares in millions.

Balance sheet · Annual
Item	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Total assets	119,757	115,089	111,874	111,586	103,338	96,737	97,658	98,138	95,117	94,143
Current assets	25,825	28,966	29,210	31,134	21,439	14,933	15,803	15,930	12,184	11,563
Cash and equivalents	10,584	15,215	10,537	6,338	8,136	4,246	3,605	5,393	4,352	4,370
Short-term investments	239	107	5,034	10,035	971	1,471	3,192	3,562	2,240	2,711
Receivables	7,480	6,131	6,046	7,369	5,206	2,979	2,995	2,473	2,014	1,273
Inventory	7,076	6,892	7,200	6,874	6,832	5,932	5,759	4,312	3,436	3,069
Net property, plant and equipment	80,738	77,226	77,962	76,989	78,602	78,687	78,706	78,724	79,958	80,890
Goodwill	0.0	0.0	159	159	159	159	159	—	—	—
Other intangible assets	180	185	194	193	127	159	197	340	346	374
Long-term investments	12,195	6,812	2,083	1,431	1,246	1,060	1,155	1,467	984	882
Current liabilities	16,782	19,494	14,723	12,963	12,790	10,134	8,560	7,897	7,723	7,711
Accounts payable	3,475	2,223	2,861	2,562	1,540	1,879	1,763	1,099	1,143	813
Long-term debt	29,354	29,038	33,179	38,052	42,697	45,622	47,394	51,628	50,967	50,970
Total debt	33,844	37,549	39,042	43,035	48,317	50,065	51,348	55,091	54,224	53,817
Total liabilities	51,943	54,933	55,058	55,546	59,369	59,437	59,265	61,444	60,587	61,006
Total equity (incl. minority)	67,814	60,156	56,815	56,040	43,969	37,300	38,393	36,694	34,530	33,136
Retained earnings	15,138	10,216	9,825	20,578	12,869	7,090	7,722	7,827	6,021	5,266
Minority interest	6,221	8,270	10,392	10,971	8,317	7,048	7,737	8,792	8,432	7,794