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Saudi Arabian Oil CoSAU:2222 +0.15%82 ROE % is 31.78% as of Mar. 2026, which is 2% above its 10-year median of 31.30. 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 956 Oil & Gas companies, Saudi Arabian Oil Co ranks better than 88.08% on this metric.
The historical rank and industry rank for Saudi Arabian Oil Co's ROE % or its related term are showing as below:
SAU:2222'
s ROE % Range Over the Past 10 Years
Min: 6.67 Med: 31.3 Max: 46.62
Current: 24.9
During the past 10 years, Saudi Arabian Oil Co's highest ROE % was 46.62%. The lowest was 6.67%. And the median was 31.30%.
SAU:2222's ROE % is ranked better than 88.08% of 956
companies
in the Oil & Gas industry
Industry Median: 5.985
vs SAU:2222: 24.90
Saudi Arabian Oil Co (SAU:2222) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
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. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
* 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 ROE %, along with its competitors' market caps and ROE % 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 ROE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Saudi Arabian Oil Co's ROE % distribution charts can be found below:
* The bar in red indicates where Saudi Arabian Oil Co's ROE % 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 ROE %, the net income of the last fiscal year and the average total shareholder equity 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.
ROE % is displayed in the 30-year financial page.
Saudi Arabian Oil Co (SAU:2222) has a ROE % of 31.78% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Saudi Arabian Oil Co and its competitors. This is near median its historical median of 31.30. Over the past decade, Saudi Arabian Oil Co's ROE % has ranged from 6.67 to 46.62. According to the industry distribution chart, Saudi Arabian Oil Co ranks #114 out of 956 companies in the Oil & Gas industry, placing it in the top 11.9%.
Is Saudi Arabian Oil Co's ROE % too high?
Saudi Arabian Oil Co's current ROE % of 31.78% is near median its 10-year median of 31.30. Over the past 10 years, this metric has ranged from a low of 6.67 to a high of 46.62. The Oil & Gas industry median ROE % is 5.99. Saudi Arabian Oil Co's value of 31.78% is 431% above this industry median. Based on the distribution chart, Saudi Arabian Oil Co ranks #114 out of 956 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 ROE % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Saudi Arabian Oil Co ranks #114 out of 956 companies for ROE %. This places Saudi Arabian Oil Co in the top 12% of its industry — outperforming the majority of peers. The industry median ROE % is 5.99. Saudi Arabian Oil Co's value of 31.78% is 431% above this benchmark. Historically, Saudi Arabian Oil Co's own ROE % has ranged from 6.67 to 46.62 over the past decade. While the company's 10-year median is 31.30 vs. the industry median of 5.99, 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.99, based on 956 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Saudi Arabian Oil Co's current ROE % of 31.78% is 431% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Saudi Arabian Oil Co and its competitors. For the Oil & Gas industry, the median ROE % is 5.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saudi Arabian Oil Co's current ROE % is 31.78%, which is near median its own 10-year median of 31.30. 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 ROE % is 31.78%, which is near median its 10-year median of 31.30 and 431% above the Oil & Gas industry median of 5.99. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Saudi Arabian Oil Co (SAU:2222), the current ROE % is 31.78% 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:
ROE %: 31.78% (near median its 10-year median of 31.30)
GF Value™: ﷼27.07 vs. price of ﷼26.68 (1.4% below fair value)
Industry Position: 431% above the Oil & Gas median (#114 of 956)
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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