Dangote Cement Plc (NGX:DANGCEM)
Nigeria · Delayed Price · Currency is NGN 815.00
+5.00 (0.62%)
At close: Mar 6, 2026
Dangote Cement Income Statement
Financials in millions NGN. Fiscal year is January - December.
Millions NGN. Fiscal year is Jan - Dec.
Fiscal Year | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|
Period Ending | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 4,306,704 | 3,580,550 | 2,208,090 | 1,618,323 | 1,383,637 | |
Revenue Growth (YoY) | 20.28% | 62.16% | 36.44% | 16.96% | 33.79% |
Cost of Revenue | 1,634,430 | 1,651,505 | 1,009,326 | 664,538 | 552,486 |
Gross Profit | 2,672,274 | 1,929,045 | 1,198,764 | 953,785 | 831,151 |
Selling, General & Admin | 944,524 | 832,332 | 487,888 | 371,493 | 253,202 |
Other Operating Expenses | -37,527 | -38,767 | -20,495 | -3,511 | -5,342 |
Operating Expenses | 906,997 | 793,565 | 467,393 | 367,982 | 248,201 |
Operating Income | 1,765,277 | 1,135,480 | 731,371 | 585,803 | 582,950 |
Interest Expense | -351,504 | -448,081 | -144,530 | -75,242 | -56,326 |
Interest & Investment Income | - | 168,572 | 27,405 | 38,715 | 20,765 |
Earnings From Equity Investments | 2,493 | 2,818 | 1,231 | 759 | 817 |
Currency Exchange Gain (Loss) | - | -249,322 | -164,077 | -53,929 | -8,766 |
Other Non Operating Income (Expenses) | 116,394 | 106,508 | 98,808 | 27,823 | -615 |
EBT Excluding Unusual Items | 1,532,660 | 715,975 | 550,208 | 523,929 | 538,825 |
Gain (Loss) on Sale of Assets | - | 2,238 | 2,447 | 21 | 378 |
Asset Writedown | - | -1,015 | -702 | -1,972 | -1,338 |
Pretax Income | 1,532,660 | 732,537 | 553,104 | 524,002 | 538,366 |
Income Tax Expense | 517,739 | 229,290 | 97,521 | 141,691 | 173,927 |
Earnings From Continuing Operations | 1,014,921 | 503,247 | 455,583 | 382,311 | 364,439 |
Minority Interest in Earnings | -12,074 | -5,055 | -10,369 | -6,323 | -3,431 |
Net Income | 1,002,847 | 498,192 | 445,214 | 375,988 | 361,008 |
Net Income to Common | 1,002,847 | 498,192 | 445,214 | 375,988 | 361,008 |
Net Income Growth | 101.30% | 11.90% | 18.41% | 4.15% | 31.24% |
Shares Outstanding (Basic) | 16,753 | 16,752 | 16,818 | 16,880 | 17,000 |
Shares Outstanding (Diluted) | 16,753 | 16,752 | 16,818 | 16,880 | 17,000 |
Shares Change (YoY) | 0.01% | -0.39% | -0.37% | -0.71% | -0.24% |
EPS (Basic) | 59.86 | 29.74 | 26.47 | 22.27 | 21.24 |
EPS (Diluted) | 59.86 | 29.74 | 26.47 | 22.27 | 21.24 |
EPS Growth | 101.28% | 12.34% | 18.85% | 4.89% | 31.55% |
Free Cash Flow | 849,673 | 398,035 | 538,568 | 313,222 | 438,201 |
Free Cash Flow Per Share | 50.72 | 23.76 | 32.02 | 18.56 | 25.78 |
Dividend Per Share | - | 30.000 | 30.000 | 20.000 | 20.000 |
Dividend Growth | - | - | 50.00% | - | 25.00% |
Gross Margin | 62.05% | 53.88% | 54.29% | 58.94% | 60.07% |
Operating Margin | 40.99% | 31.71% | 33.12% | 36.20% | 42.13% |
Profit Margin | 23.29% | 13.91% | 20.16% | 23.23% | 26.09% |
Free Cash Flow Margin | 19.73% | 11.12% | 24.39% | 19.36% | 31.67% |
EBITDA | 1,980,303 | 1,357,361 | 878,176 | 703,738 | 681,530 |
EBITDA Margin | 45.98% | 37.91% | 39.77% | 43.49% | 49.26% |
D&A For EBITDA | 215,026 | 221,881 | 146,805 | 117,935 | 98,580 |
EBIT | 1,765,277 | 1,135,480 | 731,371 | 585,803 | 582,950 |
EBIT Margin | 40.99% | 31.71% | 33.12% | 36.20% | 42.13% |
Effective Tax Rate | 33.78% | 31.30% | 17.63% | 27.04% | 32.31% |
Advertising Expenses | - | 7,974 | 7,797 | 7,514 | 3,206 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.