Results and performance
Delivering shareholder value through resilient performance
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FY 2025 Financial Highlights
Adjusted net income* (billion)
﷼ 392
2024: $110
$105
Adjusted EBIT* (billion)
﷼ 745
2024: $210
$199
ROACE* (%)
2024: 21.11
19.8
Free cash flow* (billion)
﷼ 320
2024: $85
$85
Dividends paid (billion)
﷼ 320
2024: $124
$85
Dividends paid per share (billion)
﷼ 1.32
2024: $0.51
$0.35
Net cash provided by operating activities* (billion)
﷼ 511
2024: $136
$136
Capital expenditures2 (billion)
﷼ 190
2024: $50
$51
Gearing* (%)
2024: 4.5
3.8
Earnings per share (basic and diluted)
﷼ 1.44
2024: $0.43
$0.38
Average realized crude oil price ($/barrel)
2024: 80.2
69.2
1. ROACE ratio has been amended to reflect Aramco’s revised ROACE definition.
2. Capital expenditures do not include external investments.
* Non-IFRS measures: refer to “Non-IFRS measures reconciliations and definitions” for further details.
FY 2025 Operational Highlights
Total hydrocarbon production3 (mmboed)
2024: 12.4
12.9
Total liquids production3 (mmbpd)
2024: 10.3
10.7
Total gas production3
(bscfd)
2024: 10.8
11.4
Net refining capacity4 (mmbpd)
2024: 4.1
4.2
Net chemicals production capacity4, 5 (million tons per year)
2024: 57.6
59.3
Supply reliability4, 6 (%)
2024: 99.7
99.9
Upstream carbon intensity7 (kg CO2e/boe)
2024: 9.7
10.0
Flaring intensity7 (scf/boe)
2024: 6.07
6.65
Total recordable case rate7 (per 200,000 work hours)
2024: 0.046
0.028
3. Refer to Section 2: Results and performance – Upstream.
4. Refer to Section 2: Results and performance – Downstream.
5. Excludes SABIC Agri-Nutrients business and includes only ZPC’s net chemical production capacity through Aramco’s investment in Rongsheng.
6. Applies to Saudi Arabian Oil Company (the Company).
7. Refer to Section 3: Sustainability for further information.
