Ashdod Refinery Ltd

TASE:ARF Stock Report

Market Cap: ₪1.3b

Ashdod Refinery Past Earnings Performance

Past criteria checks 0/6

Ashdod Refinery's earnings have been declining at an average annual rate of -54.5%, while the Oil and Gas industry saw earnings growing at 5.5% annually. Revenues have been declining at an average rate of 13.3% per year.

Key information

-54.47%

Earnings growth rate

-54.50%

EPS growth rate

Oil and Gas Industry Growth16.98%
Revenue growth rate-13.33%
Return on equity-10.65%
Net Margin-1.54%
Last Earnings Update31 Mar 2026

Recent past performance updates

Recent updates

Analysis Article Feb 12

Does Ashdod Refinery (TLV:ARF) Have A Healthy Balance Sheet?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Nov 12

Ashdod Refinery (TLV:ARF) Has No Shortage Of Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Mar 24

There Are Reasons To Feel Uneasy About Ashdod Refinery's (TLV:ARF) Returns On Capital

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Firstly...
Analysis Article Jan 15

Is Ashdod Refinery (TLV:ARF) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Mar 29

Ashdod Refinery's (TLV:ARF) Solid Earnings Have Been Accounted For Conservatively

The market seemed underwhelmed by last week's earnings announcement from Ashdod Refinery Ltd ( TLV:ARF ) despite the...
Analysis Article Feb 09

Investors Continue Waiting On Sidelines For Ashdod Refinery Ltd (TLV:ARF)

When close to half the companies operating in the Oil and Gas industry in Israel have price-to-sales ratios (or "P/S...

Revenue & Expenses Breakdown

How Ashdod Refinery makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

TASE:ARF Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 262,981-46250
31 Dec 253,0283240
30 Sep 253,002-119270
30 Jun 252,961-24260
31 Mar 253,161-11260
31 Dec 243,216-34280
30 Sep 243,336-26270
30 Jun 243,55750270
31 Mar 243,58047250
31 Dec 233,774116230
30 Sep 233,943135260
30 Jun 234,03694250
31 Mar 234,410114240
31 Dec 224,19352220
31 Dec 212,523-30180
31 Dec 201,556-207170

Quality Earnings: ARF is currently unprofitable.

Growing Profit Margin: ARF is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ARF is unprofitable, and losses have increased over the past 5 years at a rate of 54.5% per year.

Accelerating Growth: Unable to compare ARF's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: ARF is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (15.5%).


Return on Equity

High ROE: ARF has a negative Return on Equity (-10.65%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/06/09 06:13
End of Day Share Price 2026/06/09 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Ashdod Refinery Ltd is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.