Emirates Telecommunications Group Company PJSC (ADX:ETISALAT)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
20.90
-0.12 (-0.57%)
At close: Oct 22, 2026

ADX:ETISALAT Financials Overview

Millions AED. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
76,82572,85859,20353,75252,43453,342
Revenue Growth
18.06%23.07%10.14%2.51%-1.70%3.16%
Gross Profit
25,11924,02921,04417,15414,38114,849
Operating Income
22,59221,41818,93315,28312,58312,813
Net Income
11,53714,36010,75210,30510,0079,317
Earnings Per Share
1.331.651.241.181.151.07
EPS Growth
-18.09%33.55%4.35%2.97%7.41%3.22%

Revenue by Geography

Fiscal Year
TTMFY 2025FY 2024FY 2023
Period EndingJun '26 Dec '25 Dec '24 Dec '23
UAE
34,72433,84031,98730,801
International
35,14232,02421,51819,157
Enterprise
3,3373,4052,7212,499
Life
-2,1941,537293.9
All Other
1,6901,3951,4401,001

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
28,34535,73936,07729,73335,24729,010
Total Debt
73,50073,29373,59252,50351,09928,386
Net Cash (Debt)
-45,155-37,554-37,515-22,771-15,853623.23
Net Cash Growth
------78.76%
Net Cash Per Share
-5.19-4.32-4.31-2.62-1.820.07

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
25,16526,05121,73315,20619,13518,111
Capital Expenditures
-9,072-8,080-6,708-6,040-6,747-6,446
Free Cash Flow
16,09317,97115,0259,16612,38711,665
Free Cash Flow Growth
-6.26%19.61%63.92%-26.00%6.19%-9.54%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
32.70%32.98%35.55%31.91%27.43%27.84%
Operating Margin
29.41%29.40%31.98%28.43%24.00%24.02%
Pretax Margin
29.00%36.76%29.70%29.27%23.42%24.00%
Profit Margin
15.02%19.71%18.16%19.17%19.09%17.47%
FCF Margin
20.95%24.67%25.38%17.05%23.62%21.87%

Dividends

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Dividend Per Share
0.9500.9000.8300.8000.8000.800
Dividend Per Share Growth
11.83%8.43%3.75%0%0%0%
Dividend Yield
4.54%4.91%5.09%4.07%3.50%2.52%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingOct '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.7611.1113.2016.5819.8729.59
Forward PE
13.9512.4511.5319.6719.2928.61
P/FCF Ratio
11.298.889.4518.6316.0523.63
PS Ratio
2.372.192.403.183.795.17