Dangote Cement Plc has announced an exceptional financial performance for the year ended December 31, 2025, with its pre-tax profit more than doubling to N1.53 trillion. This represents a substantial 109% increase compared to the N732.54 billion recorded in 2024. The impressive growth was fueled by a combination of strong revenue expansion and a significant reduction in finance costs.

The company's audited full-year results, filed with the Nigerian Exchange (NGX) over the weekend, reveal that profit after tax also more than doubled, reaching N1.01 trillion from N503.25 billion in the prior year. Consequently, earnings per share rose to N59.86, up from N29.74. In line with its robust profitability, the board has proposed a dividend of N45.00 per share for the 2025 financial year.

Chief Executive Officer, Arvind Pathak, described 2025 as a "landmark year" for Dangote Cement. Group revenue climbed by 20.3% to N4,306.7 billion, while Earnings Before Interest, Taxes, Depreciation, and Amortisation (EBITDA) increased by 43.4% to N1,981.1 billion. The company achieved its highest ever profit after tax, crossing the N1 trillion milestone, despite a marginal 0.9% decline in volumes to 27.5 million tonnes. This performance underscores a strategic focus on margin discipline and cost efficiency.

Dangote Cement's top-line growth for 2025 amounted to N726 billion, with revenue reaching N4.31 trillion, an increase from N3.58 trillion in 2024. Nigeria remained the primary engine of growth, with domestic revenue surging by 35% year-on-year to N2.96 trillion from N2.19 trillion. Nigerian operations accounted for the majority of the Group's incremental revenue growth.

A pivotal factor contributing to the surge in profitability was the dramatic reduction in finance costs. These costs fell to N351.50 billion in 2025, down from N700.30 billion in 2024. This substantial decrease in finance costs significantly eased pressure on earnings, enabling the pre-tax profit to more than double even with a slight dip in Group volumes.

On the balance sheet, Property, Plant, and Equipment stood at N3.9 trillion, reflecting the capital-intensive nature of Dangote Cement's operations across Nigeria and other African markets. Net debt also saw a significant decline, falling to N682.92 billion from N2.06 trillion in 2024, indicating improved leverage and a strengthened balance sheet.

In terms of market performance, Dangote Cement Plc's stock closed at N779.00 per share on the NGX on Friday, February 27, 2026, marking a 6.1% drop from its previous closing price of N829.50. This suggests the market may not have fully factored in the latest earnings release. With 16.9 billion shares outstanding and a market capitalization of N13.1 trillion, Dangote Cement is currently the third most valuable stock on the NGX, after MTN Nigeria and BUA Foods, representing approximately 10.6% of the entire equity market valuation.

The company's pan-African operations generated N1.46 trillion in revenue, a slight decrease from N1.48 trillion in the previous year, attributed to lower sales in key markets. However, cement and clinker exports saw a strong performance, rising by 18.6%. The commissioning of its 3 million tonnes per annum (Mtpa) grinding plant in Côte d'Ivoire during the third quarter of 2025 was a key highlight, strengthening its West African presence.