Saudi Aramco has a market capitalization of approximately $1.66 trillion as of February 2026, making it the world's 7th most valuable publicly traded company. It peaked at $2.43 trillion in May 2022.
Earnings of Saudi Aramco
Annual Earnings of Saudi Aramco
| Year | Net Income (USD) | Change |
|---|---|---|
| 2016 | $13.3 Billion | — |
| 2017 | $75.9 Billion | +470.7% |
| 2018 | $111.1 Billion | +46.4% |
| 2019 | $88.2 Billion | -20.6% |
| 2020 | $49.0 Billion | -44.4% |
| 2021 | $110.0 Billion | +124.5% |
| 2022 | $161.1 Billion | +46.5% |
| 2023 | $121.3 Billion | -24.7% |
| 2024 | $106.2 Billion | -12.4% |
| 2025 | $95.6 Billion (TTM) | -10.0% |
Saudi Aramco P/E Ratio
| Year | P/E Ratio | Change |
|---|---|---|
| 2016 | Not publicly traded | — |
| 2017 | Not publicly traded | — |
| 2018 | Not publicly traded | — |
| 2019 | 19.6x | IPO Dec 11 |
| 2020 | 33.6x | +71.4% |
| 2021 | 21.7x | -35.4% |
| 2022 | 12.0x | -44.7% |
| 2023 | 16.8x | +40.0% |
| 2024 | 16.6x | -1.2% |
| 2025 | 15.4x (TTM) | -7.2% |
