Saudi Steel Pipes Company

TADAWUL-1320
Saudi Stock Exchange
Materials Steel
Global Rank
#12272
Country Rank
#121
Market Cap
686.9 M
Price
13.59
Change (%)
0.79%
Volume
111,168

Saudi Steel Pipes Company's latest marketcap:

686.9 M

As of 08/12/2025, Saudi Steel Pipes Company's market capitalization has reached $686.9 M. According to our data, Saudi Steel Pipes Company is the 12272th 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 686.9 M
Revenue (ttm) 381.92 M
Net Income (ttm) 51.65 M
Shares Out 50.54 M
EPS (ttm) 1.01
Forward PE 13.19
Ex-Dividend Date 06/04/2025
Earnings Date 08/07/2025
Market Cap Chart
Data Updated: 08/12/2025

Saudi Steel Pipes Company's yearly market capitalization.

Saudi Steel Pipes Company has seen its market value grow from 1.23 B SAR to 2.58 B SAR since 2014, representing a total increase of 110.24% and an annual compound growth rate (CAGR) of 7.25%.
Date Market Cap Market Cap(USD) Change (%) Global Rank
08/12/2025 2.58 B $686.9 M -22.27% 12272
12/31/2024 3.29 B $874.76 M 79.34% 9542
12/31/2023 1.83 B $488.6 M 102.79% 13161
12/29/2022 904.71 M $240.46 M -28.97% 16938
12/30/2021 1.27 B $338.64 M -9.52% 15767
12/31/2020 1.41 B $374.48 M 34.66% 13279
12/31/2019 1.05 B $278.17 M 14.39% 13137
12/31/2018 913.8 M $243.16 M 11.29% 12973
12/31/2017 821.1 M $218.54 M -15.49% 14203
12/29/2016 971.55 M $258.55 M -12.21% 11795

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.

Frequently Asked Questions

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