Saudi Aramco reported $480.57 billion in revenue for fiscal year 2024, down from $495.10 billion in 2023. It is the fourth-largest company globally by revenue and the most profitable oil producer in any industry.
Saudi Aramco Revenue
Saudi Aramco Annual Revenue
| Year | Market Cap (USD) | Change |
|---|---|---|
| 2016 | Not publicly traded | — |
| 2017 | Not publicly traded | — |
| 2018 | Not publicly traded | — |
| 2019 | $1.88 Trillion | IPO Dec 11 |
| 2020 | $1.87 Trillion | -0.5% |
| 2021 | $1.96 Trillion | +4.8% |
| 2022 | $2.43 Trillion | +24.0% |
| 2023 | $2.12 Trillion | -12.8% |
| 2024 | $1.80 Trillion | -15.1% |
| 2025 | $1.66 Trillion | -7.8% |
