Saudi Steel Pipes Company Logo

Saudi Steel Pipes Company

TADAWUL-1320
Saudi Stock Exchange NYSE
Materials Steel
Global Rank
#11022
Country Rank
#116
Market Cap
755.91 M
Price
14.96
Change (%)
6.33%
Volume
625,341

Saudi Steel Pipes Company's latest marketcap:

755.91 M

As of 06/09/2025, Saudi Steel Pipes Company's market capitalization has reached $755.91 M. According to our data, Saudi Steel Pipes Company is the 11022th most valuable company globally by market capitalization. Market capitalization, commonly referred to as market cap, represents the total market value of all outstanding shares of a publicly traded company and is often used as a measure of company value.

Market Cap 755.91 M
Revenue (ttm) 417.59 M
Net Income (ttm) 46.51 M
Shares Out 50.54 M
EPS (ttm) 0.91
Forward PE 13.77
Ex-Dividend Date 06/04/2025
Earnings Date 08/07/2025
Market Cap Chart
Data Updated: 06/09/2025

Saudi Steel Pipes Company's yearly market capitalization.

Saudi Steel Pipes Company has seen its market value grow from 1.41 B SAR to 2.84 B SAR since 2020, representing a total increase of 101.80% and an annual compound growth rate (CAGR) of 17.13%.
Date Market Cap(SAR) Change (%)
06/09/2025 2.84 B -13.67%
12/31/2024 3.29 B 79.34%
12/31/2023 1.83 B 102.79%
12/29/2022 904.71 M -28.97%
12/30/2021 1.27 B -9.52%
12/31/2020 1.41 B

Company Profile

About Saudi Steel Pipes Company

Saudi Steel Pipes Company is a leading manufacturer and distributor of steel pipes, serving both the Kingdom of Saudi Arabia and international markets since its establishment in 1980. Headquartered in Dammam, the company specializes in high-quality steel pipe solutions for diverse industries.

Core Products & Services

  • Welded Steel Pipes: Produced using high-frequency induction welding, with options for galvanizing, coating, threading, and bending.
  • Specialized Pipes: Including ERW/HFI galvanized, threaded steel pipes, and seamless pipes for various industrial applications.
  • Coated Pipes: Featuring three-layer external coatings using polyethylene, polypropylene, and epoxy for enhanced durability.
  • Custom Solutions: Bended pipes in multiple diameters, space frames, and submerged arc welded pipes.

Industry Applications

The company's products are widely used in:

  • Oil and Gas
  • Water Infrastructure
  • Industrial Projects
  • Construction

Additional Offerings

Saudi Steel Pipes Company also engages in wholesale distribution of:

  • Pipes, tubes, and hollow shapes from iron and steel
  • Ferrous and non-ferrous metal pipes
  • Metal accessories (locks, hinges, hand tools)
  • Construction and metal materials

The company maintains a strong export presence, delivering its products to global markets while upholding the highest quality standards.

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