DP World reports record $24.4bn revenue for 2025

DP World has announced its financial results for 2025 on Thursday, with a 22.4 per cent increase in revenue to $24.4 billion, and adjusted EBITDA up 18 per cent to $6.4 billion.

The achievements were a result driven by strong performance across its Ports & Terminals and Logistics.

Total Group gross throughput increased 5.8 per cent to 93.4 million twenty-foot equivalent units (TEU).

Profits for the year increased 32.2 per cent to $1.96 billion, reflecting operating leverage and disciplined cost management. Operating cash flow rose 14 per cent to $6.3 billion.

“In an environment defined by heightened uncertainty and changing trade dynamics, our diversified portfolio, disciplined capital allocation and focus on high-yield cargo enabled us to deliver resilient earnings and strong cash flow. These results reflect the strength of our integrated platform and our ability to adapt as supply chains reconfigure,” said Essa Kazim, Chairman of the Board of Directors, DP World, said:

“Ports & Terminals performed strongly, supported by healthy volumes, improved yield and disciplined cost management, with like-for-like revenue per TEU increasing by 8.5 per cent. In 2025, we unified our Marine Services business under a single DP World brand, strengthening our position as a fully integrated global logistics provider," added Yuvraj Narayan, Group CEO, DP World, added:

"We remain focused on disciplined capital allocation, operational excellence, and customer-centric execution—supporting customers through near-term uncertainty while investing selectively to deliver sustainable long-term growth,” he noted.

Return on Capital Employed (ROCE) increased from 8.9 per cent in 2024 to 9.9 per cent, reflecting stronger earnings despite continued geopolitical and trade uncertainty.

DP World invested $3.1 billion in capital expenditure in 2025 (up from $2.2 billion in 2024) to support capacity expansion and productivity enhancements globally.

Port capacity increased to 109 million TEU. For 2026, the Group’s 2026 capex budget is approximately $3 billion, focused on priority projects including Jebel Ali, Drydocks World, Tuna Tekra (India), London Gateway (UK), Ndayane (Senegal), and Jeddah (Saudi Arabia).

DP World reduced Scope 1 and 2 emissions by 14 per cent against a 2022 baseline, while approximately 67 per cent of global electricity is now sourced from renewables.