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Saudi Arabian Oil CoSAU:2222 +0.15%82 ROA % is 18.43% as of Mar. 2026, which is 2% below its 10-year median of 18.81. GuruFocus rates SAU:2222 with a GF Score™ of 82/100 and a GF Value™ of ﷼27.07 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,025 Oil & Gas companies, Saudi Arabian Oil Co ranks better than 92.78% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Saudi Arabian Oil Co's annualizedNet Income for the quarter that ended in Mar. 2026 was ﷼480,524 Mil.
Saudi Arabian Oil Co's average Total Assets over the quarter that ended in Mar. 2026 was ﷼2,606,962 Mil. Therefore, Saudi Arabian Oil Co's annualized ROA % for the quarter that ended in Mar. 2026 was 18.43%.
The historical rank and industry rank for Saudi Arabian Oil Co's ROA % or its related term are showing as below:
SAU:2222'
s ROA % Range Over the Past 10 Years
Min: 5.14 Med: 18.81 Max: 33.98
Current: 14.73
During the past 10 years, Saudi Arabian Oil Co's highest ROA % was 33.98%. The lowest was 5.14%. And the median was 18.81%.
SAU:2222's ROA % is ranked better than 92.78% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.93
vs SAU:2222: 14.73
Saudi Arabian Oil Co (SAU:2222) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.
* 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
* 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.
For the Oil & Gas Integrated subindustry, Saudi Arabian Oil Co's ROA %, along with its competitors' market caps and ROA % 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.
Saudi Arabian Oil Co ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saudi Arabian Oil Co's ROA % distribution charts can be found below:
* The bar in red indicates where Saudi Arabian Oil Co's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Saudi Arabian Oil Co (SAU:2222) has a ROA % of 18.43% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Saudi Arabian Oil Co and its competitors. This is near median its historical median of 18.81. Over the past decade, Saudi Arabian Oil Co's ROA % has ranged from 5.14 to 33.98. According to the industry distribution chart, Saudi Arabian Oil Co ranks #74 out of 1025 companies in the Oil & Gas industry, placing it in the top 7.2%.
Is Saudi Arabian Oil Co's ROA % too high?
Saudi Arabian Oil Co's current ROA % of 18.43% is near median its 10-year median of 18.81. Over the past 10 years, this metric has ranged from a low of 5.14 to a high of 33.98. The Oil & Gas industry median ROA % is 1.93. Saudi Arabian Oil Co's value of 18.43% is 854.9% above this industry median. Based on the distribution chart, Saudi Arabian Oil Co ranks #74 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Saudi Arabian Oil Co has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Saudi Arabian Oil Co's ROA % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Saudi Arabian Oil Co ranks #74 out of 1025 companies for ROA %. This places Saudi Arabian Oil Co in the top 7% of its industry — outperforming the majority of peers. The industry median ROA % is 1.93. Saudi Arabian Oil Co's value of 18.43% is 854.9% above this benchmark. Historically, Saudi Arabian Oil Co's own ROA % has ranged from 5.14 to 33.98 over the past decade. While the company's 10-year median is 18.81 vs. the industry median of 1.93, Saudi Arabian Oil Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.93, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saudi Arabian Oil Co's current ROA % of 18.43% is 854.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Saudi Arabian Oil Co and its competitors. For the Oil & Gas industry, the median ROA % is 1.93 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Arabian Oil Co's current ROA % is 18.43%, which is near median its own 10-year median of 18.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saudi Arabian Oil Co stock overvalued right now?
Based on GuruFocus' analysis, Saudi Arabian Oil Co (SAU:2222) is currently considered Fairly Valued. The stock's GF Value™ is ﷼27.07, compared to a current price of ﷼26.68 — trading 1.4% below its estimated fair value. The current ROA % is 18.43%, which is near median its 10-year median of 18.81 and 854.9% above the Oil & Gas industry median of 1.93. Saudi Arabian Oil Co's overall GF Score™ is 82/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Saudi Arabian Oil Co (SAU:2222), the current ROA % is 18.43% 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 Saudi Arabian Oil Co (SAU:2222) Overvalued in 2026?
Based on GuruFocus' analysis, Saudi Arabian Oil Co stock appears to be undervalued.
The current stock price of ﷼26.68 is trading 1.4% below its estimated GF Value™ of ﷼27.07.
GuruFocus considers Saudi Arabian Oil Co to be Fairly Valued.
Key valuation signals for SAU:2222:
ROA %: 18.43% (near median its 10-year median of 18.81)
GF Value™: ﷼27.07 vs. price of ﷼26.68 (1.4% below fair value)
Industry Position: 854.9% above the Oil & Gas median (#74 of 1025)
No single metric tells the full story. See the SAU:2222 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Saudi Aramco is the national oil company of Saudi Arabia and holds the exclusive right to explore for, produce, and refine the country's hydrocarbons. It is the largest oil and gas producer in the world with a production volume of 12.9 mmboe/d in 2025, including 10.7 mmboe/d of liquids. Its 4.2 mmb/d in net refining capacity makes it the world's fourth-largest refiner. It also owns 59.3 million metric tons of chemical manufacturing capacity, placing it among the top five global chemical companies.
82GF Score
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