Dubai Electricity & Water Authority PJSC (DFM:DEWA) Operating Margin %: 31.60% (As of Jun. 2026) — Near Median

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DFM:DEWA Dubai Electricity & Water Authority PJSC DFM:DEWA
85 GF Score
Price د.إ2.76
GF Value د.إ2.82
Valuation Fairly Valued
! 7 Warning Signs
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What is Dubai Electricity & Water Authority PJSC Operating Margin %?

Dubai Electricity & Water Authority PJSC DFM:DEWA +0.36% 85 Operating Margin % is 31.60% as of Jun. 2026, which is 6% above its 10-year median of 29.73. GuruFocus rates DFM:DEWA with a GF Score™ of 85/100 and a GF Value™ of د.إ2.82 (Fairly Valued). The stock has 7 warning signs investors should review. Among 499 Utilities - Regulated companies, Dubai Electricity & Water Authority PJSC ranks better than 85.77% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Dubai Electricity & Water Authority PJSC's Operating Income for the three months ended in Jun. 2026 was د.إ2,659 Mil. Dubai Electricity & Water Authority PJSC's Revenue for the three months ended in Jun. 2026 was د.إ8,413 Mil. Therefore, Dubai Electricity & Water Authority PJSC's Operating Margin % for the quarter that ended in Jun. 2026 was 31.60%.

Good Sign:

Dubai Electricity & Water Authority PJSC operating margin is expanding. Margin expansion is usually a good sign.

The historical rank and industry rank for Dubai Electricity & Water Authority PJSC's Operating Margin % or its related term are showing as below:

DFM:DEWA' s Operating Margin % Range Over the Past 10 Years
Min: 25.05   Med: 29.73   Max: 37.44
Current: 30.54


DFM:DEWA's Operating Margin % is ranked better than
85.77% of 499 companies
in the Utilities - Regulated industry
Industry Median: 14.45 vs DFM:DEWA: 30.54

Dubai Electricity & Water Authority PJSC's 5-Year Average Operating Margin % Growth Rate was 3.00% per year.

Dubai Electricity & Water Authority PJSC's Operating Income for the three months ended in Jun. 2026 was د.إ2,659 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was د.إ10,111 Mil.


Dubai Electricity & Water Authority PJSC  (DFM:DEWA) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Dubai Electricity & Water Authority PJSC Operating Margin % Related Terms


Dubai Electricity & Water Authority PJSC Operating Margin % Historical Data

* Premium members only.

The historical data trend for Dubai Electricity & Water Authority PJSC's Operating Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Dubai Electricity & Water Authority PJSC Operating Margin % Chart

Dubai Electricity & Water Authority PJSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.18 28.99 28.41 28.41 30.23

Dubai Electricity & Water Authority PJSC Quarterly Data
Dec11 Dec12 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.75 38.45 29.92 18.54 31.60

DFM:DEWA vs SRE, AES: Operating Margin % Comparison

For the Utilities - Diversified subindustry, Dubai Electricity & Water Authority PJSC's Operating Margin %, along with its competitors' market caps and Operating Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Dubai Electricity & Water Authority PJSC Operating Margin % vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Dubai Electricity & Water Authority PJSC's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Dubai Electricity & Water Authority PJSC's Operating Margin % falls into.


DFM:DEWA
85GF Score
Dubai Electricity & Water Authority PJSC DFM:DEWA
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Dubai Electricity & Water Authority PJSC Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Dubai Electricity & Water Authority PJSC's Operating Margin % for the fiscal year that ended in Dec. 2025 is calculated as

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=9928.762 / 32841.823
=30.23 %

Dubai Electricity & Water Authority PJSC's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as

Operating Margin %=Operating Income (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=2658.801 / 8412.995
=31.60 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 31.60% mean?
Dubai Electricity & Water Authority PJSC (DFM:DEWA) has a Operating Margin % of 31.60% as of Jun. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Dubai Electricity & Water Authority PJSC and its competitors. This is near median its historical median of 29.73. Over the past decade, Dubai Electricity & Water Authority PJSC's Operating Margin % has ranged from 25.05 to 37.44. According to the industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #71 out of 499 companies in the Utilities - Regulated industry, placing it in the top 14.2%.
Is Dubai Electricity & Water Authority PJSC's Operating Margin % too high?
Dubai Electricity & Water Authority PJSC's current Operating Margin % of 31.60% is near median its 10-year median of 29.73. Over the past 10 years, this metric has ranged from a low of 25.05 to a high of 37.44. The Utilities - Regulated industry median Operating Margin % is 14.45. Dubai Electricity & Water Authority PJSC's value of 31.60% is 118.7% above this industry median. Based on the distribution chart, Dubai Electricity & Water Authority PJSC ranks #71 out of 499 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Dubai Electricity & Water Authority PJSC has a GF Score™ of 85/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Dubai Electricity & Water Authority PJSC's Operating Margin % compare to SRE and AES?
According to the Utilities - Regulated industry distribution chart, Dubai Electricity & Water Authority PJSC ranks #71 out of 499 companies for Operating Margin %. This places Dubai Electricity & Water Authority PJSC in the top 14% of its industry — outperforming the majority of peers. The industry median Operating Margin % is 14.45. Dubai Electricity & Water Authority PJSC's value of 31.60% is 118.7% above this benchmark. Historically, Dubai Electricity & Water Authority PJSC's own Operating Margin % has ranged from 25.05 to 37.44 over the past decade. While the company's 10-year median is 29.73 vs. the industry median of 14.45, Dubai Electricity & Water Authority PJSC has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for an Utilities - Regulated company?
The median Operating Margin % among Utilities - Regulated companies is 14.45, based on 499 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Dubai Electricity & Water Authority PJSC's current Operating Margin % of 31.60% is 118.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Dubai Electricity & Water Authority PJSC and its competitors. For the Utilities - Regulated industry, the median Operating Margin % is 14.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dubai Electricity & Water Authority PJSC's current Operating Margin % is 31.60%, which is near median its own 10-year median of 29.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dubai Electricity & Water Authority PJSC stock overvalued right now?
Based on GuruFocus' analysis, Dubai Electricity & Water Authority PJSC (DFM:DEWA) is currently considered Fairly Valued. The stock's GF Value™ is د.إ2.82, compared to a current price of د.إ2.76 — trading 2.1% below its estimated fair value. The current Operating Margin % is 31.60%, which is near median its 10-year median of 29.73 and 118.7% above the Utilities - Regulated industry median of 14.45. Dubai Electricity & Water Authority PJSC's overall GF Score™ is 85/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Dubai Electricity & Water Authority PJSC (DFM:DEWA), the current Operating Margin % is 31.60% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Dubai Electricity & Water Authority PJSC (DFM:DEWA) Overvalued in 2026?

Based on GuruFocus' analysis, Dubai Electricity & Water Authority PJSC stock appears to be undervalued. The current stock price of د.إ2.76 is trading 2.1% below its estimated GF Value™ of د.إ2.82. GuruFocus considers Dubai Electricity & Water Authority PJSC to be Fairly Valued.

Key valuation signals for DFM:DEWA:

  • Operating Margin %: 31.60% (near median its 10-year median of 29.73)
  • GF Value™: د.إ2.82 vs. price of د.إ2.76 (2.1% below fair value)
  • GF Score™: 85/100 with 7 warning signs
  • Industry Position: 118.7% above the Utilities - Regulated median (#71 of 499)

No single metric tells the full story. See the DFM:DEWA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Dubai Electricity & Water Authority PJSC Business Description

Address Sheikh Rashid Road, Umm Hurair 2, P.O. Box 564, Happiness Center Zaabeel East, Umm Hureir, Dubai, ARE
Dubai Electricity & Water Authority PJSC is engaged in water desalination and distribution and its generation, transmission, and distribution of electricity, throughout the Emirate of Dubai. The company operates into four segments; DEWA is engaged in the generation, transmission, and distribution of electricity and water desalination, transmission and distribution to residential, commercial, industrial, and government; EMPOWER is engaged in the provision of district cooling, maintenance of central cooling plants and manufacturing and sale of insulated pipes; IWPP is engaged in the development, operation and maintenance of power and water plants; and Others operations include purification and sale of potable water, and other. It generates maximum revenue from the DEWA segment.
85GF Score

Get the complete analysis for DFM:DEWA

Operating Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

د.إ2.76
Price
د.إ2.82
GF Value