DP World has reported record financial results for 2025, driven by strong performance across its global ports, terminals and logistics operations.
The Dubai-based logistics and port operator said revenue rose 22 per cent to $37.6 billion ($24.4 billion USD), while adjusted EBITDA increased 18 per cent to $9.9 billion ($6.4 billion USD), representing a margin of 26.3 per cent.
Total group gross throughput climbed 5.8 per cent to 93.4 million TEU, reflecting steady container volumes across the company’s international network.
Profit for the year rose 32.2 per cent to $3.0 billion ($1.96 billion USD), supported by operating leverage and disciplined cost management. Operating cash flow also improved, increasing 14 per cent to $9.7 billion ($6.3 billion USD).
DP World Chairman, Essa Kazim, said the result highlighted the resilience of the company’s diversified logistics platform despite global trade uncertainty.
“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,” he said.
DP World Group CEO, Yuvraj Narayan, said the company’s Ports and Terminals division delivered strong results, supported by healthy volumes, improved yield and cost discipline. Like-for-like revenue per TEU increased 8.5 per cent during the year.
He added that the company continued to expand logistics capabilities and strengthen collaboration through its ‘One DP World’ operating model.
“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,” said Narayan.
Return on capital employed improved from 8.9 per cent in 2024 to 9.9 per cent in 2025.
DP World invested $4.8 billion ($3.1 billion USD) in capital expenditure during the year to support capacity expansion and productivity improvements across its global network, up from $3.4 billion ($2.2 billion USD) in 2024.
The investment lifted the company’s global port capacity to 109 million TEU. For 2026, DP World has budgeted approximately $4.6 billion ($3 billion USD) in capital expenditure for priority projects including developments at Jebel Ali, Drydocks World, Tuna Tekra in India, London Gateway in the UK, Ndayane in Senegal and Jeddah in Saudi Arabia.
The company also reported a 14 per cent reduction in Scope 1 and 2 emissions compared with its 2022 baseline, with around 67 per cent of global electricity now sourced from renewable energy.
Asia-Pacific operations played a significant role in the group’s performance. In the Philippines, DP World invested $154 million ($100 million USD) to modernise Manila South Harbour, increasing the terminal’s capacity to nearly two million TEU.
In Australia, the company co-invested $400 million with NSW Ports to extend the rail terminal at Port Botany, lifting its rail capacity to one million TEU per year. A further $18 million was committed to the Fremantle Rail Interchange project, increasing the share of freight moved by rail from 22 per cent to 33 per cent.
The company also completed the acquisition of Silk Logistics, expanding its landside transport and contract logistics capabilities.
CEO and Managing Director of DP World Asia Pacific, Glen Hilton, said the region continues to play a key role in the group’s growth strategy.
“Our strong results in Asia Pacific are a testament to the growth trajectory the region is on,” said Hilton.
“Our recent strategic investments – including the modernisation of Manila South Harbour, rail expansions at Port Botany and Fremantle, and our acquisition of Silk Logistics – demonstrate our commitment to strengthening the network, boosting capacity and increasing reliability in delivering greater value for our customers.”
In other news, the Victorian Transport Association will bring national attention to the issue of sham contracting at State Conference 2026.
