Emirates Group achieves profit of USD 6.2 billion in 2024-25

Dubai: The Emirates Group released its 2024-25 Annual Report, achieving new record profit, EBITDA, revenue, and cash balance levels.

This performance places the Emirates Group as the most profitable aviation group globally in the 2024-25 reporting period, with Emirates reporting the best result in its history to become the world’s most profitable airline.

Both Emirates and dnata contributed record revenues in 2024-25, as the Group expanded its operations around the world to meet voracious customer demand for its high-quality products and services.

For the financial year ended 31 March 2025, the Emirates Group reported:

Record profit before tax of USD 6.2 billion, up 18% from last year
Record revenue of USD 39.6 billion, up 6% over last year’s results
Record level of cash assets at USD 14.6 billion, up 13% from last year
Highest-ever EBITDA of USD 11.5 billion, up 6%, demonstrating its strong operating profitability

Emirates earns its place as the world’s most profitable airline, reporting:

Record profit before tax of USD 5.8 billion, up 20% from last year
Record revenue of USD 34.9 billion, an increase of 6% over last year
Highest-ever level of cash assets at USD 13.5 billion, 16% higher compared to 31 March 2024.

dnata delivered solid growth and performance across its business units, reporting:

Record profit before tax of USD 430 million, up 2% from last year
Record revenue of USD 5.8 billion, up 10%
Strong cash assets of USD 1.0 billion.

The group declares a dividend of USD 1.6 billion to its owner, the Investment Corporation of Dubai (ICD).

This is the first financial year that the UAE corporate tax, enacted in 2023, is applied to the Emirates Group. After accounting for the 9% tax charge, the group’s profit after tax is USD 5.6 billion.

His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman and Chief Executive, Emirates airline and Group said, “It is no accident that Dubai has produced hugely successful global aviation entities including Emirates and dnata. Dubai’s aviation sector has become an influential force on the global stage thanks to visionary leaders, strategic planning, co-ordinated execution, and strong support from our customers, business partners, and all the people of Dubai.”