The Dubai Electricity and Water Authority PJSC (DEWA) has announced its most impressive financial results to date, reporting a record annual revenue of AED 32.84 billion for the year 2025. This achievement reflects a year-over-year increase of 6.02%, demonstrating the company's robust growth trajectory. The operating profit reached AED 10.99 billion, a significant 17.90% increase from the previous year, while the EBITDA soared to AED 17.37 billion, marking a 10.47% rise.

DEWA's performance in 2025 is not only a testament to its operational efficiency but also its strategic focus on sustainability and innovation. The company reported the highest annual power generation of 62.21 TWh and an unprecedented clean power generation of 10.10 TWh. This achievement underscores DEWA's commitment to supporting Dubai's vision of a sustainable and diversified energy mix. Furthermore, the company managed to meet the highest annual peak power demand of 11.39 GW and the highest annual desalinated water demand of 161.505 BIG, reflecting its critical role in powering Dubai's growing infrastructure and population.

In the fourth quarter of 2025 alone, DEWA generated revenue of AED 7.92 billion, with an EBITDA of AED 4.22 billion and an operating profit of AED 2.66 billion. The net profit after tax for Q4 stood at AED 2.26 billion, representing a remarkable 28.38% increase from the previous year. These figures highlight DEWA's consistent performance and its ability to adapt to the dynamic market environment.

Looking ahead, DEWA's future seems promising as it continues to align its strategies with the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum and His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum. The company's focus on sustainability, excellence, and innovation positions it well to capitalize on future opportunities in the energy sector.

For investors, DEWA's strong financial performance and strategic direction suggest a positive outlook. As the company continues to expand its clean energy initiatives and enhance its operational efficiencies, it is likely to maintain its growth momentum. Therefore, considering the current performance and future prospects, the recommendation for DEWA's stock is to buy.