Saudi Arabian Mining Company (Ma'aden): EPS SAR 0.4548 vs SAR 0.4541 expected; revenue SAR 10.4B vs SAR 10.3B
Key Facts
Q3 FY2026 results
| Metric | Actual | Estimate | Surprise | Year ago |
|---|---|---|---|---|
| EPS (SAR) | 0.4548 | 0.4541 | +0.2% | 0.5990 |
| Revenue (SAR bn) | 10.3500 | 10.3300 | +0.2% | 10.0100 |
Recent reports: actual vs estimate
| Reported | Period | EPS (SAR) | Estimate | Surprise | Revenue (SAR bn) | Estimate | Surprise |
|---|---|---|---|---|---|---|---|
| Nov 10, 2026 | Q3 FY2026 | 0.4548 | 0.4541 | +0.2% | 10.35 | 10.33 | +0.2% |
| Aug 5, 2026 | Q2 FY2026 | 0.5400 | 0.3764 | +43.5% | 10.94 | 9.28 | +17.9% |
| May 2, 2026 | Q1 FY2026 | 0.4190 | 0.3293 | +27.2% | 8.77 | 9.54 | −8.1% |
| Mar 8, 2026 | Q4 FY2025 | 0.4296 | 0.5690 | −24.5% | 10.63 | 10.24 | +3.8% |
| Nov 6, 2025 | Q3 FY2025 | 0.5990 | 0.5350 | +12.0% | 10.01 | 9.82 | +1.9% |
| Aug 6, 2025 | Q2 FY2025 | 0.5100 | 0.3800 | +34.2% | 9.42 | 8.67 | +8.6% |
| May 6, 2025 | Q1 FY2025 | 0.4093 | 0.3250 | +25.9% | 8.51 | 8.70 | −2.1% |
| Mar 9, 2025 | Q4 FY2024 | −0.0299 | 0.3546 | — | — | — | — |
Source: Figures from the EL7 database. Estimates are the analyst consensus carried by our data vendor (FMP), not official figures.
Saudi Arabian Mining Company (Ma'aden) results: EPS SAR 0.4548 vs SAR 0.4541 expected; revenue SAR 10.4B vs SAR 10.3B. The results cover the company's Q3 FY2026. EPS came in above analysts' estimate by 0.2%; revenue above the estimate by 0.2%.
Revenue was up 3.4% from SAR 10.0 billion a year earlier (Q3 FY2025). EPS was down 24.1% from SAR 0.599 a year earlier. On its record, EPS topped analysts' estimates in 5 of 6 earlier comparable reports.
What the results mean
Saudi Arabian Mining Company (Ma'aden) combines mineral extraction with the manufacture and marketing of fertilizers, aluminium products and metals. This operating mix makes product composition and each segment’s contribution central to understanding performance, alongside the efficiency of converting mineral resources into saleable products.
The phosphate business encompasses fertilizers and ammonia, while the aluminium chain extends from bauxite to manufactured products, and the metals business includes gold and base metals. This operating structure places product demand, extraction and manufacturing costs, and operating efficiency at the heart of understanding profitability.
The company’s presence across international markets makes sales distribution and marketing channels relevant to the analysis. Understanding the contribution of its segments and markets helps clarify the sources of revenue growth and how that growth translates into business profitability.
What to watch on the earnings call: The contribution of phosphate, aluminium and metals to profitability, demand across markets, the product and sales mix, extraction and manufacturing costs, operating efficiency, and management’s comments on spending to develop operations and infrastructure.
For the full analysis of Saudi Arabian Mining Company (Ma'aden) stock — valuation, scores and financial statements — see the stock page linked with this story.