Markets › UAE › DFM › DEWA

Dubai Electricity & Water Authority PJSC

DFM:DEWAUtilitiesDFM:DFMGI

AED 2.65−1.85%At closeAt close · Mon 19 Oct · Market cap $35.41B · Next earnings Fri 6 Nov

Ratio	FY2020	FY2021	FY2022	FY2023	FY2024	FY2025	Current · undated	YoY
Gross margin	36.8%	34.8%	39.7%	38.5%	38.1%	38.8%	—	—
Operating margin	24.7%	26.0%	30.1%	30.0%	30.1%	30.2%	30.2%	+0.0 pts
Net margin	22.7%	25.7%	28.3%	26.4%	22.6%	25.4%	25.4%	+0.0 pts
EBITDA margin	46.1%	51.4%	51.8%	53.4%	53.9%	50.7%	—	—
Return on equity	5.6%	6.6%	8.6%	8.6%	7.8%	9.2%	8.5%	−0.6 pts
Return on assets	3.2%	3.6%	4.3%	4.3%	3.8%	4.3%	4.3%	+0.0 pts
Return on capital employed	3.5%	4.1%	5.0%	5.7%	5.9%	5.9%	—	—
Debt / equity	0.2×	0.3×	0.5×	0.4×	0.4×	0.4×	0.4×	−6.9%
Debt / assets	11.8%	15.8%	22.5%	21.5%	19.6%	19.8%	—	—
Interest coverage	20.7×	16.2×	12.8×	5.5×	4.4×	5.4×	—	—
Current ratio	1,027.0×	1.0×	1.3×	0.7×	0.8×	0.9×	0.9×	+0.0%
Quick ratio	943.4×	0.9×	1.2×	0.7×	0.7×	0.8×	—	—
Cash ratio	211.0×	0.3×	0.3×	0.1×	0.2×	0.3×	0.3×	+0.0%
Asset turnover	0.1×	0.1×	0.2×	0.2×	0.2×	0.2×	—	—
Inventory turnover	10.0×	10.7×	11.4×	12.8×	12.3×	13.5×	—	—
Receivables turnover	4.3×	6.2×	6.5×	8.5×	10.0×	9.6×	—	—
Dividend payout	29.4%	32.7%	195.9%	102.2%	88.4%	74.3%	—	—

Margins, returns, leverage and liquidityUpdated 31 Dec 2025 ·

ⓘ

Current snapshot ratios have no reporting date and are shown separately from fiscal periods.