Rabigh Refining & Petrochemical Co (SAU:2380) EBIT: ﷼-316 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SAU:2380 Rabigh Refining & Petrochemical Co SAU:2380
47 GF Score
Price ﷼14.56
GF Value ﷼8.50
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Rabigh Refining & Petrochemical Co EBIT?

Rabigh Refining & Petrochemical Co SAU:2380 +3.78% 47 EBIT is ﷼-316 Mil as of Mar. 2026. GuruFocus rates SAU:2380 with a GF Score™ of 47/100 and a GF Value™ of ﷼8.50 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Rabigh Refining & Petrochemical Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ﷼1,799 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ﷼-316 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rabigh Refining & Petrochemical Co's annualized ROC % for the quarter that ended in Mar. 2026 was 12.68%. Rabigh Refining & Petrochemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rabigh Refining & Petrochemical Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.57%.


Rabigh Refining & Petrochemical Co  (SAU:2380) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Rabigh Refining & Petrochemical Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=7100.244 * ( 1 - 3.8% )/( (53320.61 + 54388.387)/ 2 )
=6830.434728/53854.4985
=12.68 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=58550.035 - 18960.165 - ( 549.723 - max(0, 23025.113 - 9294.373+549.723))
=53320.61

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=62558.815 - 20161.881 - ( 1293.289 - max(0, 25859.869 - 13868.416+1293.289))
=54388.387

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Rabigh Refining & Petrochemical Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7196.332/( ( (48328.096 + max(-10706.748, 0)) + (47758.892 + max(-11311.017, 0)) )/ 2 )
=7196.332/( ( 48328.096 + 47758.892 )/ 2 )
=7196.332/48043.494
=14.98 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3049.468 + 3911.413 + 1712.483) - (18960.165 + 0 + 419.947)
=-10706.748

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7060.512 + 4054.937 + -1.8189894035459E-12) - (20161.881 + 0 + 2264.585)
=-11311.017

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Rabigh Refining & Petrochemical Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-316.381/55376.893
=-0.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Rabigh Refining & Petrochemical Co EBIT Related Terms


Rabigh Refining & Petrochemical Co EBIT Historical Data

* Premium members only.

The historical data trend for Rabigh Refining & Petrochemical Co's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Rabigh Refining & Petrochemical Co EBIT Chart

Rabigh Refining & Petrochemical Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,375.64 236.16 -2,612.43 -2,571.32 -2,423.72

Rabigh Refining & Petrochemical Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -308.26 -1,099.15 -904.89 -111.42 1,799.08

SAU:2380 vs VLO, MPC, PSX: EBIT Comparison

For the Oil & Gas Refining & Marketing subindustry, Rabigh Refining & Petrochemical Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rabigh Refining & Petrochemical Co EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Rabigh Refining & Petrochemical Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Rabigh Refining & Petrochemical Co's EV-to-EBIT falls into.


SAU:2380
47GF Score
Rabigh Refining & Petrochemical Co SAU:2380
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rabigh Refining & Petrochemical Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ﷼-316 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ﷼-316 Mil mean?
Rabigh Refining & Petrochemical Co (SAU:2380) has a EBIT of ﷼-316 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rabigh Refining & Petrochemical Co.
Is Rabigh Refining & Petrochemical Co's EBIT too high?
Rabigh Refining & Petrochemical Co's current EBIT is ﷼-316 Mil. Overall, Rabigh Refining & Petrochemical Co has a GF Score™ of 47/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rabigh Refining & Petrochemical Co's EBIT compare to VLO and MPC?
Rabigh Refining & Petrochemical Co's EBIT of ﷼-316 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rabigh Refining & Petrochemical Co. Rabigh Refining & Petrochemical Co's current EBIT is ﷼-316 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rabigh Refining & Petrochemical Co stock overvalued right now?
Based on GuruFocus' analysis, Rabigh Refining & Petrochemical Co (SAU:2380) is currently considered Significantly Overvalued. The stock's GF Value™ is ﷼8.50, compared to a current price of ﷼14.56 — trading 71.3% above its estimated fair value. The current EBIT is ﷼-316 Mil. Rabigh Refining & Petrochemical Co's overall GF Score™ is 47/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Rabigh Refining & Petrochemical Co (SAU:2380), the current EBIT is ﷼-316 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Rabigh Refining & Petrochemical Co (SAU:2380) Overvalued in 2026?

Based on GuruFocus' analysis, Rabigh Refining & Petrochemical Co stock appears to be overvalued. The current stock price of ﷼14.56 is trading 71.3% above its estimated GF Value™ of ﷼8.50. GuruFocus considers Rabigh Refining & Petrochemical Co to be Significantly Overvalued.

Key valuation signals for SAU:2380:

  • EBIT: ﷼-316 Mil
  • GF Value™: ﷼8.50 vs. price of ﷼14.56 (71.3% above fair value)
  • GF Score™: 47/100 with 6 warning signs

No single metric tells the full story. See the SAU:2380 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rabigh Refining & Petrochemical Co Business Description

Industry EnergyOil & Gas
Address P.O. Box 101, Rabigh, SAU, 21911
Rabigh Refining & Petrochemical Co is engaged in the development, construction, and operation of an integrated refining and petrochemical complex (the Complex), including the manufacturing and sales of refined and petrochemical products. The company's operating segments include Refined Products and Petrochemicals. It generates maximum revenue from the Refined products segment. Geographically, the company operates in the Kingdom of Saudi Arabia, the Middle East, Asia-Pacific, and other regions. The majority of its revenue is generated from Saudi Arabia.
47GF Score

Get the complete analysis for SAU:2380

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

﷼14.56
Price
﷼8.50
GF Value