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Dubai Electricity and Water Authority (PJSC) (DFM:DEWA)
United Arab Emirates flag United Arab Emirates · Delayed Price · Currency is AED
2.790
+0.040 (1.45%)
Aug 7, 2026, 1:24 PM GST

DFM:DEWA Financials Overview

Millions AED. Fiscal year is Jan - Dec.

Revenue & Profits
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
33,32932,84230,97729,17827,33623,824
Revenue Growth
7.03%6.02%6.17%6.74%14.74%7.02%
Net Income
8,7548,3477,0137,7017,7236,123
Earnings Per Share
0.180.170.140.150.150.12
EPS Growth
27.55%19.03%-8.94%-0.29%26.13%20.19%

Revenue by Segment
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Sale of Electricity
20,77020,77019,66818,67717,51915,100
Sale of Water
6,1026,1025,6965,3995,1724,342
Distric Cooling
3,4023,4023,2403,0182,7662,457
Other Services
2,5672,5672,3732,0841,8791,926

Cash & Debt
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
19,16518,34614,22213,47816,44611,355
Total Debt
43,83238,68936,22338,92440,73129,187
Net Cash (Debt)
-24,666-20,343-22,001-25,446-24,285-17,832
Net Cash Growth
------
Net Cash Per Share
-0.49-0.41-0.44-0.51-0.49-0.36

Cash Flow & CapEx
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
21,88721,85017,43516,51814,23210,020
Capital Expenditures
-10,646-10,590-9,267-6,805-8,630-12,268
Free Cash Flow
11,24011,2608,1689,7135,602-2,248
Free Cash Flow Growth
20.50%37.86%-15.90%73.40%--

Margins
Chart
Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Pretax Margin
31.38%30.46%25.77%26.88%29.44%27.51%
Profit Margin
26.26%25.41%22.64%26.39%28.25%25.70%
FCF Margin
33.73%34.29%26.37%33.29%20.49%-9.44%

Dividends
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22
Dividend Per Share
0.1240.1240.1240.1240.124
Dividend Per Share Growth
0%0%0%0%-
Dividend Yield
4.51%4.58%4.68%5.69%6.43%

Valuation
Chart
Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
15.7116.5920.2515.9715.02-
Forward PE
15.1517.2519.3317.4815.19-
P/FCF Ratio
12.2312.3017.3912.6620.71-
PS Ratio
4.134.224.584.224.24-