Saudi Arabian Mining Company (Maaden) revenue and financials

1211 · Tadawul · SAR

SAR 63.50Change from previous close: −0.55%Absolute change: −SAR 0.35

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
  1. SAR 9.46B2016
  2. SAR 12.09B2017
  3. SAR 14.17B2018
  4. SAR 17.74B2019
  5. SAR 18.58B2020
  6. SAR 26.77B2021
  7. SAR 40.28B2022
  8. SAR 29.27B2023
  9. SAR 32.55B2024
  10. 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.

Cash flow · Annual
Item2025202420232022202120202019201820172016
Operating cash flow10,92710,3197,52915,9369,4163,8493,1053,9803,0171,951
Depreciation and amortization4,5174,5315,1525,0734,7304,8084,6543,2352,8682,535
Capital expenditure-6,898-4,312-3,764-2,512-4,447-4,377-2,770-1,696-2,938-8,065
Investing cash flow-10,120-3,1981,845-11,282-3,769-1,449-2,557-3,612-3,971-10,158
Financing cash flow-5,438-2,206-5,203-6,483-1,800-1,798-2,3606719268,803
Share repurchases—-272-74.1———————
Debt issued10,3674,4741,5339951,5418,7081,77910,0359,25222,752
Debt repaid-14,519-6,051-5,976-7,188-3,217-10,372-4,496-9,364-8,890-14,098
Net change in cash-4,6324,9144,172-1,8293,847603-1,8121,038-28.6595
Free cash flow4,0296,0063,76513,4244,969—————
Levered free cash flow3,1145,1994,3759,1442,7601,0543851,729-445-6,035