Saudi Arabian Oil Company
Explore Saudi Arabian Oil
Core profile pages, annual revenue records, and related research hubs for this company.
CorpDigest
Saudi Arabian Oil Company
Explore Saudi Arabian Oil
Core profile pages, annual revenue records, and related research hubs for this company.
Annual Revenue
FY2023 Revenue
$440.6B
▼ 27% vs FY2022 ($603.8B)
Source: Annual report / company filing
Saudi Arabian Oil Company reported $440.6B in revenue for fiscal year 2023. This represents a decline of 27% compared to the 2022 figure of $603.8B. In 2024, revenue increased to $473.7B.
Revenue fell 27.0% to $440.6B in 2023 as crude prices normalized from the post-Ukraine invasion peaks that had defined the prior year's record results.
Source: SEC EDGAR filings, annual earnings releases, and verified financial disclosures.