DEWA.AE
Company Description
Dubai Electricity and Water Authority (PJSC) generates, transmits, and distributes electricity for residential, commercial, industrial, and government customers primarily in Dubai. The company operates through four segments: DEWA, EMPOWER, IPP, and Others. It is involved in the water desalination, transmission, and distribution business; provision and maintenance of cooling plants; development, operation, and maintenance of power and water plants under the independent water producer (IPP) model; and purification and sale of potable water. The company also provides information technology infrastructure, networking, computer system housing, and data entry services; communication equipment, software design, data classification and analysis, and data centre co-location services; air conditioning, ventilation, and air filtration system installation, and maintenance services; project development and consultant services; desalination and sewage treatment plant operation and maintenance services; and parking management electronic systems installation and maintenance services. In addition, it invests and manages commercial, industrial, retail trade, and energy enterprises; implements energy measures in buildings; manufactures insulated pipes; and manages and operates satellite. Additionally, the company provides satellite services; wired and wireless communication system installation; energy projects engineering consultancy and carbon control systems trading services; solar energy systems rental and installation services; and space situational tracking, monitoring, awareness services. Dubai Electricity and Water Authority (PJSC) was founded in 1959 and is headquartered in Dubai, the United Arab Emirates.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 32.84B | 30.98B | 29.18B | 27.34B | 23.82B | 22.46B | 22.89B | 22.23B | 21.60B | 19.90B | 19.07B | 17.80B |
| Net Income | 8.35B | 7.01B | 7.70B | 7.72B | 6.12B | 5.09B | 6.41B | 6.45B | 6.43B | 6.40B | 6.18B | 5.32B |
| EPS | 0.17 | 0.14 | 0.15 | 0.15 | 0.12 | 0.10 | 0.13 | 0.13 | 0.13 | 0.13 | 0.12 | 0.11 |
| Free Cash Flow | 10.26B | 8.16B | 9.69B | 5.58B | (2.63B) | (4.72B) | (2.24B) | 4.10B | 3.55B | 5.81B | N/A | N/A |
| FCF / Share | 0.19 | 0.16 | 0.19 | 0.11 | -0.05 | -0.09 | -0.04 | 0.08 | 0.07 | 0.12 | N/A | N/A |
| Operating CF | 20.85B | 17.44B | 16.10B | 14.22B | 10.02B | 8.42B | 9.66B | 10.11B | 12.54B | 11.50B | N/A | N/A |
| Total Assets | 195.14B | 184.76B | 181.16B | 180.75B | 169.45B | 159.92B | 150.32B | 140.55B | 131.07B | 116.17B | N/A | N/A |
| Total Debt | 38.63B | 36.22B | 38.92B | 40.73B | 26.77B | 18.82B | 16.94B | 11.34B | 13.25B | 11.46B | N/A | N/A |
| Cash & Equiv | 8.39B | 6.11B | 3.97B | 5.29B | 4.41B | 3.57B | 3.00B | 3.22B | 11.26B | 1.78B | N/A | N/A |
| Book Value | 91.02B | 89.35B | 89.21B | 89.43B | 93.00B | 90.44B | 87.36B | 86.94B | 81.77B | 72.71B | N/A | N/A |
| Return on Equity | 0.09 | 0.08 | 0.09 | 0.09 | 0.07 | 0.06 | 0.07 | 0.07 | 0.08 | 0.09 | N/A | N/A |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 6.45B | 7.92B | 10.32B | 8.64B | 5.96B | 7.44B | 9.87B | 7.86B | 5.80B | 7.02B | 9.42B | 7.29B |
| Net Income | 904.65M | 1.98B | 3.61B | 2.26B | 497.82M | 1.65B | 2.86B | 1.86B | 647.42M | 1.70B | 3.33B | 1.93B |
| EPS | 0.02 | 0.04 | 0.07 | 0.04 | 0.01 | 0.03 | 0.06 | 0.04 | 0.01 | 0.03 | 0.07 | 0.04 |
| Free Cash Flow | 1.47B | 3.11B | 3.26B | 3.03B | 1.77B | 3.60B | 3.11B | 367.90M | 291.20M | 4.30B | 3.28B | 1.34B |
| FCF / Share | 0.03 | 0.06 | 0.07 | 0.06 | 0.04 | 0.07 | 0.06 | 0.01 | 0.01 | 0.09 | 0.07 | 0.03 |
| Operating CF | 3.60B | 6.55B | 5.76B | 5.31B | 3.85B | 5.83B | 5.92B | 1.94B | 2.94B | 6.25B | 4.41B | 2.86B |
| Total Assets | 197.31B | 195.14B | 193.80B | 188.47B | 186.38B | 184.76B | 186.03B | 182.56B | 182.45B | 181.16B | 183.50B | 178.83B |
| Total Debt | 43.78B | 38.63B | 36.79B | 36.33B | 35.59B | 36.22B | 38.86B | 39.00B | 38.74B | 38.92B | 39.57B | 40.23B |
| Cash & Equiv | 8.27B | 8.39B | 9.35B | 5.60B | 6.91B | 6.11B | 7.42B | 4.78B | 5.65B | 3.97B | 5.27B | 4.93B |
| Book Value | 87.39B | 91.02B | 89.12B | 88.69B | 86.47B | 89.35B | 87.98B | 88.83B | 86.99B | 89.21B | 88.01B | 87.31B |
| Return on Equity | 0.01 | 0.02 | 0.04 | 0.03 | 0.01 | 0.02 | 0.03 | 0.02 | 0.01 | 0.02 | 0.04 | 0.02 |