Saudi Steel Pipes Company
1320
Rank in Stocks
#10696
Established in Dammam, Saudi Arabia, in 1980, Saudi Steel Pipes Company (SSP)... Established in Dammam, Saudi Arabia, in 1980, Saudi Steel Pipes Company (SSP) is a prominent manufacturer and global supplier of steel pipes. The company operates through two main divisions: Steel Pipe and Process Equipment. The Steel Pipe division specializes in producing welded steel pipes using advanced high-frequency induction welding, alongside offering galvanizing, coating, threading, and bending services. These pipes are crucial for the oil and gas, water management, and construction sectors. SSP's Process Equipment segment is dedicated to designing, fabricating, assembling, and maintaining heavy industrial equipment. This equipment serves diverse applications within oil and gas, power generation, water desalination, mining, solar energy, and offshore plants. The company's comprehensive product portfolio includes black and galvanized steel pipes, ERW/HFI galvanized and threaded pipes, seamless pipes, and submerged arc welded pipes. They also provide specialized pipes with three-layer external polyethylene and polypropylene coatings in various diameters, pipes with internal epoxy coatings, and custom-bent pipes, as well as space frames and stationary process equipment. Beyond its manufacturing activities, SSP engages in the wholesale distribution of iron and steel tubes, hollow sections, ferrous and non-ferrous metal pipes and accessories, locks, hinges, hand tools, and a range of other metal and construction materials.
Share Price
$12.95
Last synced: 2026-11-11
Market Cap
$660.50M
Change (1 day)
0.29%
Change (1 year)
1.60%
Country
Stock data: Financial Modeling PrepΒ·Updated Β·Not investment adviceΒ·How we calculate this
Trade Saudi Steel Pipes Company (1320)
Category
Basic Materials
Operating Margin for Saudi Steel Pipes Company (1320)
Operating Margin as of November 2026 TTM: 19.06%
According to Saudi Steel Pipes Company's latest financial reports, its current operating margin (TTM) is 19.06%. At the end of 2025 the company had an operating margin of 17.23%.
Operating Margin history for Saudi Steel Pipes Company from 2006 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 19.06% | 10.62% |
| 2025 | 17.23% | -8.59% |
| 2024 | 18.85% | 11.74% |
| 2023 | 16.87% | 81.40% |
| 2022 | 9.30% | -430.96% |
| 2021 | -2.81% | -44.47% |
| 2020 | -5.06% | 38.63% |
| 2019 | -3.65% | -53.80% |
| 2018 | -7.90% | -220.98% |
| 2017 | 6.53% | 3,165.00% |
| 2016 | 0.20% | -95.85% |
| 2015 | 4.82% | -9.06% |
| 2014 | 5.30% | -46.57% |
| 2013 | 9.92% | 253.02% |
| 2012 | 2.81% | -73.26% |
| 2011 | 10.51% | 48.45% |
| 2010 | 7.08% | -67.25% |
| 2009 | 21.62% | 22.56% |
| 2008 | 17.64% | -1.40% |
| 2007 | 17.89% | 33.41% |
| 2006 | 13.41% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 13.25% | -99.30% |
US
|
|
| 4.26% | -99.78% |
LU
|
|
| 13.00% | -99.32% |
IN
|
|
| 12.02% | -99.37% |
US
|
|
| 19.95% | -98.95% |
IN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Saudi Steel Pipes Company's operating margin
What is Saudi Steel Pipes Company's operating margin?
Saudi Steel Pipes Company's operating margin is 19.06%, as of Nov 2026.
What was Saudi Steel Pipes Company's operating margin in 2025?
In 2025, Saudi Steel Pipes Company's operating margin was 17.23%, compared with 18.85% in 2024.
How has Saudi Steel Pipes Company's operating margin changed since 2020?
From 2020 to 2025, Saudi Steel Pipes Company's operating margin was highest in 2024 (18.85%) and lowest in 2020 (-5.06%).
How does Saudi Steel Pipes Company's operating margin compare with similar companies?
Saudi Steel Pipes Company's operating margin (19.06%) is higher than that of 4 of the 5 similar companies listed above. The highest among them is Tata Steel Limited, with 19.95%.