ADNOC Distribution today has reported its full annual 2025 financial performance, achieving its best ever annual performance in its history, driven by a disciplined implementation of its growth plan, accelerated growth in its network, and continued growth in earnings in 2025.
ADNOC Distribution delivered EBITDA of $1,166 million, an 11.1 percent year-on-year increase in 2025. Net profit grew by 15.4 percent year-on-year to $761 million, surpassing analyst expectations.
This good performance was propelled by its continued demand in all fuel and non-fuel retail operating segments and the increasing contribution provided by international operations.
The Company also achieved record retail and commercial fuel volumes of 15.7 billion litres in 2025 through the assistance of the greater network scale, greater footfall, and disciplined performance throughout its three markets: the UAE, Saudi Arabia, and Egypt.
This performance indicates the strength of the core fuel business of ADNOC Distribution that builds on the high momentum in the economic growth.
The non-fuel retail segment posted further improvement in 2025, as gross profit rose 14.4 percent YoY and transactions grew 9.3 percent YoY.
Customer interaction was also high, and the number of ADNOC Rewards members grew beyond 2.61 million, and more than 350,000 new members were recruited within the last twelve months alone, a growth of 16 percent YoY.
Bader Saeed Al Lamki, CEO of ADNOC Distribution, said, “2025 was a milestone year for ADNOC Distribution, delivering record financial performance while advancing our transformation into a mobility and convenience retail leader. Strong execution across our core fuel business, non-fuel retail, network expansion, and EV infrastructure demonstrates the resilience of our business model and our ability to adapt to evolving customer needs. Since IPO, we have delivered a total shareholder return of 120 percent; as we look ahead to 2026, we remain focused on disciplined growth, operational excellence, and delivering sustainable long-term value for our shareholders.”
The Company increased its network growth, with 119 new service stations being added last year, compared to the revised upward full-year growth of 90-100 additions. The total network of retail fuel stations reached 1,010 service stations, which is an increase of 13 percent YoY.
However, the Company is also performing well to achieve a total of 1,150 service stations by the year 2028 as per the long-term growth plan.
ADNOC Distribution also substantially expanded its EV charging infrastructure in 2025, adding 182 new fast and super-fast charging stations in strategic locations, bringing the total E2GO network in the UAE to 402 charging points, or 83 percent YoY.
This growth places the Company squarely on the road to 750 charging points by 2028 to advance the UAE electrification agenda and cement the position of ADNOC Distribution as a future-wise mobility provider.
It was also a year of significant strategic achievements for ADNOC Distribution in 2025. The updated Oasis by ADNOC brand was introduced in September; the convenience retail offer was repositioned around a “on the gourmet” proposition, with upgraded food, beverage, and barista coffee offerings, which maintains a consistent and improved quality experience to customers throughout the network.
This strategy was further demonstrated by the launch of The Hub by ADNOC in November, which represents a big-format, destination-oriented retail business, combining fuel, EV charging, and car care with additional non-fuel-related lifestyle offerings to contribute to growth in non-fuel revenues. The company introduced six Hub locations in 2025, as per the plans of launching 30 Hubs by the year 2030.
The Board has suggested a dividend of $350 million in the second half of 2025, and the overall amount in 2025 is $700 million. The proposal will be brought to shareholders to be approved through the Annual General Assembly (AGM) of the Company, which will be held in March 2026.
As already mentioned, ADNOC Distribution will implement quarterly dividend payments starting with Q1 2026, and, assuming shareholders agree to the new policy in the AGM, will extend its dividend policy to 2030, solidifying its long-term promises of making shareholders attractive and predictable dividends.
The policy allows the shareholders to have a dividend of a minimum of US$700 million or 75 percent of the net profit, which is high. The transition to quarterly dividends improves the visibility of returns and offers shareholders more frequent payments, with the exposure to future growth in earnings remaining.
The policy extension will add up to US$4.9 billion to the total announced dividend payments and proposed dividends of the Company until 2023 to 2030.
ADNOC Distribution is projected to continue its growth momentum in 2026 with the help of the expansion of the network and the growing non-fuel retail contribution.
Through its robust financial status, establishing a larger presence on regional grounds, and further transforming into a native AI-oriented business, the Company is in an excellent position to unlock new efficiencies, tap into the future, and enhance long-term shareholder value generation.
Thus, ADNOC Distribution will expand its network by adding 60-70 new stations and 50-60 further fast and super-fast chargers by 2026.
