Fitch affirms A+ rating for Saudi Basic Industries Corporation stock

Published on 10/21/2026 at 11:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Fitch affirmed SABIC's A+ rating on October 20, 2026. Saudi Basic Industries Corporation stock has third-quarter results due October 26, 2026.

Credit profile and capacity expansion

Fitch affirmed SABIC's A+ long-term rating with a stable outlook on October 20, 2026.
SABIC Agri-Nutrients planned to lift urea capacity from 4.8 million to 7.4 million metric tons on October 9, 2026.
SABIC's market capitalization stood at SAR 132.3 billion on October 21, 2026.

SABIC, SA0007879121, Illustration mit AI erstellt.

Saudi Basic Industries Corporation (SABIC, ISIN SA0007879121) received an A+ long-term rating with a stable outlook after Fitch affirmed the assessment on October 20, 2026, as Argaam reported. SABIC also scheduled its third-quarter 2026 results discussion for October 26, 2026, according to Argaam.

Three dated signals for SABIC

On October 9, 2026, SABIC Agri-Nutrients approved an ammonia and urea complex that would raise annual urea capacity from 4.8 million to 7.4 million metric tons, a project detail carried by MarketScreener.

On October 20, 2026, Fitch affirmed the A+ rating and stable outlook; its report also said SABIC shipments fell 33 percent quarter over quarter in the second quarter of 2026, according to Argaam.

Also on October 20, 2026, SABIC set October 26, 2026 for its third-quarter results discussion, while the published consensus cited by Argaam called for net profit of SAR 86.26 million versus SAR 435.5 million a year earlier.

What does the rating mean?

Fitch's assessment gives investors a quantified view of SABIC's financial cushion. The agency cited cash and short-term investments of SAR 40 billion at the end of June 2026 against current debt of SAR 3.2 billion, while expecting 2026 capital spending of SAR 10 billion. SABIC's investor-relations page describes a business spanning chemicals, polymers, and agri-nutrients across more than 140 countries through three strategic business units.

Results date and market value

The next company event is the third-quarter 2026 results discussion on October 26, 2026. SABIC's market capitalization stood at SAR 132.3 billion on October 21, 2026, while its 52-week range was SAR 43.76 to SAR 62.50.

Tadawul price and valuation

SABIC stock was last at SAR 44.10 on Tadawul on October 21, 2026 at 12:17 p.m. AST. The investor-relations page presents SABIC as a global chemicals group with operations across the Americas, Europe, the Middle East and Africa, and Asia Pacific.