Saudi Aramco's market capitalization stands at approximately $1.66 trillion as of February 2026, making it the world's 7th most valuable public company. The stock trades on the Saudi Exchange (Tadawul) under ticker 2222. Its valuation has fallen roughly $800 billion from a 2022 peak driven by high oil prices.
Market Cap of Saudi Aramco
Saudi Aramco was privately held from 1933 to 2019. Public market cap data begins at its December 2019 IPO.
Year-On-Year Saudi Aramco Market Cap
| Year | Market Cap (USD) | YoY Change |
|---|---|---|
| 2016 | N/A — Privately held | — |
| 2017 | N/A — Privately held | — |
| 2018 | N/A — Privately held | — |
| 2019 | $1.68 T | IPO (Dec 11) |
| 2020 | $1.88 T | +11.61% |
| 2021 | $2.03 T | +7.79% |
| 2022 | $1.89 T | −6.79% |
| 2023 | $2.13 T | +12.92% |
| 2024 | $1.84 T | −13.96% |
| 2025 | $1.54 T | −16.06% |