Rabigh Refining and Petrochemical Company (2380.SR)

Key financials

ROE: -34.15%; 2025 (actual)
ROA: -6.56%; 2025 (actual)
Gross Margin: -5.01%; 2025 (actual)
Net Margin: -11.14%; 2025 (actual)
Total Assets: SAR 58,550.04M; 2025 (actual)
Net Income: -SAR 3,898.70M; 2025 (actual)
Valuation: SAR 15,029.98M; 2026 (forecast)
Stock Price: SAR 6.84; 2026 (forecast)

Historical & projected performance

Reported figures and Equlion model projections for the next 5 years.

Metric	2025 (actual)	2026 (forecast)	2027	2028	2029	2030	2031
ROE	-34.15%	-35.64%	-13.51%	-18.13%	-23.14%	-38.27%	-66.77%
Sector average	-	8.87%	9.85%	7.26%	5.83%	3.69%	-1.21%
ROA	-6.56%	-8.41%	-3.17%	-3.74%	-4.02%	-5.13%	-5.68%
Sector average	-	5.12%	5.3%	4.55%	4.16%

Amounts in SAR (millions); stock price per share. Values that are missing or fail Equlion's automated data-quality checks are shown as “-”. Stock price and valuation carry no data date: they are the Equlion model's estimate for 2026. Projections are model estimates, not investment advice.

Want the full financial forecast report for Rabigh Refining and Petrochemical Company? It covers the balance sheet, income statement and Equlion model projections.

Gross Margin	-5.01%	1.3%	1.3%	1.3%	1.3%	1.3%	1.3%
Sector average	-	21.38%	21.38%	21.38%	21.38%	21.38%	15.1%

Net Margin	-11.14%	-3.91%	-1.56%	-1.77%	-1.81%	-2.18%	-2.28%
Sector average	-	8.06%	9.3%	8.47%	8.5%	8.12%	8.05%

Total Assets	SAR 58,550.04M	SAR 69,379.03M	SAR 67,561.49M	SAR 65,451.70M	SAR 63,269.03M	SAR 60,696.68M	SAR 57,801.42M
Sector average	-	SAR 273,635.52M	SAR 301,952.23M	SAR 330,339.60M	SAR 359,172.28M	SAR 388,393.18M	SAR 123,031.15M

Net Income	-SAR 3,898.70M	-SAR 5,378.16M	-SAR 2,170.72M	-SAR 2,489.69M	-SAR 2,590.16M	-SAR 3,180.04M	-SAR 3,363.39M
Sector average	-	SAR 26,626.02M	SAR 27,473.24M	SAR 27,481.62M	SAR 27,864.16M	SAR 28,094.32M	SAR 1,573.92M

Valuation	-	SAR 15,029.98M	SAR 7,514.99M	SAR 8,619.25M	SAR 8,967.09M	SAR 11,009.23M	SAR 11,644.01M
Sector average	-	SAR 411,650.82M	SAR 408,502.65M	SAR 409,565.18M	SAR 413,535.69M	SAR 421,565.13M	SAR 14,783.77M

Stock Price	-	SAR 6.84	SAR 3.42	SAR 3.92	SAR 4.08	SAR 5.01	SAR 5.30
Sector average	-	SAR 52.83	SAR 49.35	SAR 51.78	SAR 52.62	SAR 58.05	SAR 54.79