Resultaträkning Emaar Development

Aktier

EMAARDEV

AEE001901017

Fastighetsutveckling & operationer

Marknaden stängd - Dubai FM Andra börsplatser 12.58.09 2026-04-10			5-dagars förändring	Förändring 1 jan.
14,34 ^AED	+0,28 %		+6,22 %	−5,35 %

04-03	Blandad utveckling på Förenade Arabemiratens börser efter oro för eskalering i Mellanöstern	RE
04-03	BÖRSER I MELLANÖSTERN: Blandad utveckling i Förenade Arabemiraten efter oro för eskalering	RE

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Publicerade finansiella data: EMAAR DEVELOPMENT

Årlig

Kvartalsvis

Halvårsvis

YTD

LTM

Skatteperiod: December	2021	2022	2023	2024	2025
Revenues	15,6 md	11,54 md	11,92 md	19,15 md	27,49 md
Total Revenues	15,6 md	11,54 md	11,92 md	19,15 md	27,49 md
Cost of Goods Sold, Total	9,95 md	6,46 md	3,64 md	8,6 md	12,04 md
Gross Profit	5,65 md	5,08 md	8,28 md	10,54 md	15,44 md
Selling General & Admin Expenses, Total	1,56 md	596 mn	1,05 md	1,49 md	2,01 md
Depreciation & Amortization - (IS)	12,4 mn	9,63 mn	12,52 mn	8,46 mn	13,68 mn
Other Operating Expenses	-	522 mn	-	-	-
Other Operating Expenses, Total	1,57 md	1,13 md	1,06 md	1,5 md	2,03 md
Operating Income	4,08 md	3,95 md	7,22 md	9,05 md	13,42 md
Interest Expense, Total	−94,03 mn	−174 mn	−167 mn	−244 mn	−14,99 mn
Interest And Investment Income	13,22 mn	131 mn	677 mn	991 mn	1,24 md
Net Interest Expenses	−80,81 mn	−42,46 mn	510 mn	747 mn	1,22 md
Income (Loss) On Equity Invest.	235 mn	174 mn	124 mn	194 mn	717 mn
Other Non Operating Income (Expenses)	−2,75 mn	179 mn	626 mn	184 mn	133 mn
EBT, Excl. Unusual Items	4,23 md	4,27 md	8,48 md	10,17 md	15,49 md
EBT, Incl. Unusual Items	4,23 md	4,27 md	8,48 md	10,17 md	15,49 md
Income Tax Expense	-	-	-	486 mn	1,89 md
Earnings From Continuing Operations	4,23 md	4,27 md	8,48 md	9,69 md	13,61 md
Net Income to Company	4,23 md	4,27 md	8,48 md	9,69 md	13,61 md
Minority Interest	−988 mn	−457 mn	−1,86 md	−2,05 md	−2,29 md
Net Income - (IS)	3,24 md	3,81 md	6,63 md	7,63 md	11,32 md
Net Income to Common Incl Extra Items	3,24 md	3,81 md	6,63 md	7,63 md	11,32 md
Net Income to Common Excl. Extra Items	3,24 md	3,81 md	6,63 md	7,63 md	11,32 md
Per aktie poster
Net EPS - Basic	0,81	0,95	1,66	1,91	2,83
Basic EPS - Continuing Operations	0,81	0,95	1,66	1,91	2,83
Basic Weighted Average Shares Outstanding	4 md	4 md	4 md	4 md	4 md
Net EPS - Diluted	0,81	0,95	1,66	1,91	2,83
Diluted EPS - Continuing Operations	0,81	0,95	1,66	1,91	2,83
Diluted Weighted Average Shares Outstanding	4 md	4 md	4 md	4 md	4 md
Normalized Basic EPS	0,41	0,55	0,86	1,08	1,85
Normalized Diluted EPS	0,41	0,55	0,86	1,08	1,85
Dividend Per Share	-	0,52	0,52	0,68	1
Payout Ratio	-	-	31,39	27,28	24,04
Kompletterande punkter
EBITDA	4,09 md	3,96 md	7,23 md	9,05 md	13,43 md
EBITA	4,08 md	3,95 md	7,22 md	9,05 md	13,42 md
EBIT	4,08 md	3,95 md	7,22 md	9,05 md	13,42 md
Effective Tax Rate - (Ratio)	-	-	-	4,78	12,17
Current Domestic Taxes	-	-	-	486 mn	-
Total Current Taxes	-	-	-	486 mn	-
Normalized Net Income	1,66 md	2,21 md	3,45 md	4,3 md	7,39 md
Interest Capitalized	5,2 mn	7,72 mn	6,21 mn	4,48 mn	8,8 mn
Interest on Long-Term Debt	111 mn	-	-	-	284 mn
Non-Cash Pension Expense	-	-	-	-	-
Kompletterande driftskostnadsposter
Selling and Marketing Expenses	793 mn	460 mn	406 mn	553 mn	829 mn

Skatteperiod: December	2021	2022	2023	2024	2025
TILLGÅNGAR
Cash And Equivalents	5,69 md	11,36 md	18,42 md	23,57 md	41,31 md
Short Term Investments	-	-	-	-	-
Total Cash And Short Term Investments	5,69 md	11,36 md	18,42 md	23,57 md	41,31 md
Accounts Receivable, Total	5,74 md	5,78 md	5,55 md	8,08 md	5,42 md
Other Receivables	1,73 md	1,52 md	2,56 md	2,75 md	3,78 md
Notes Receivable	980 mn	913 mn	701 mn	804 mn	841 mn
Total Receivables	8,45 md	8,21 md	8,81 md	11,63 md	10,04 md
Inventory	11,18 md	10,85 md	12,47 md	16,52 md	21,49 md
Prepaid Expenses	3,86 mn	5,21 mn	3,86 mn	4,54 mn	6,1 mn
Other Current Assets, Total	1,21 md	1,43 md	1,91 md	3,34 md	4,21 md
Total Current Assets	26,53 md	31,86 md	41,62 md	55,07 md	77,05 md
Gross Property Plant And Equipment	115 mn	118 mn	127 mn	132 mn	129 mn
Accumulated Depreciation	−88,13 mn	−97,76 mn	−110 mn	−119 mn	−104 mn
Net Property Plant And Equipment	26,93 mn	20,16 mn	16,52 mn	13,66 mn	25,27 mn
Long-term Investments	751 mn	926 mn	762 mn	964 mn	1,67 md
Accounts Receivable Long-Term	8,85 md	9,67 md	6,47 md	3,38 md	2,15 md
Total Assets	36,16 md	42,47 md	48,87 md	59,42 md	80,89 md
Skulder
Accounts Payable, Total	799 mn	647 mn	728 mn	656 mn	769 mn
Accrued Expenses, Total	273 mn	618 mn	130 mn	378 mn	535 mn
Short-term Borrowings	2,67 md	2,63 md	1,91 md	-	-
Current Portion of Long-Term Debt	2,98 md	-	-	-	-
Current Portion of Leases	-	-	-	-	-
Current Income Taxes Payable	-	-	-	486 mn	2,23 md
Other Current Liabilities	453 mn	600 mn	2,54 md	2,14 md	2,46 md
Total Current Liabilities	7,17 md	4,49 md	5,3 md	3,66 md	6 md
Long-Term Debt	199 mn	850 mn	3,67 mn	3,67 mn	3,67 mn
Long-Term Leases	-	-	-	-	12,15 mn
Pension & Other Post Retirement Benefits	21,04 mn	23,61 mn	24,32 mn	26,98 mn	29,16 mn
Other Non Current Liabilities	12,36 md	17,04 md	17,07 md	24,11 md	33,57 md
Total Liabilities	19,75 md	22,4 md	22,4 md	27,81 md	39,61 md
Common Stock, Total	4 md	4 md	4 md	4 md	4 md
Additional Paid In Capital	-	-	-	-	-
Retained Earnings	10,49 md	14,3 md	18,84 md	24,39 md	33,27 md
Total Common Equity	14,49 md	18,3 md	22,84 md	28,39 md	37,27 md
Minority Interest	1,92 md	1,77 md	3,63 md	3,23 md	4,01 md
Total Equity	16,42 md	20,07 md	26,47 md	31,62 md	41,28 md
Total Liabilities And Equity	36,16 md	42,47 md	48,87 md	59,42 md	80,89 md
Kompletterande objekt
ECS Total Shares Outstanding on Filing Date	4 md	4 md	4 md	4 md	4 md
ECS Total Common Shares Outstanding	4 md	4 md	4 md	4 md	4 md
Book Value / Share	3,62	4,57	5,71	7,1	9,32
Tangible Book Value	14,49 md	18,3 md	22,84 md	28,39 md	37,27 md
Tangible Book Value Per Share	3,62	4,57	5,71	7,1	9,32
Total Debt	5,84 md	3,48 md	1,91 md	3,67 mn	15,82 mn
Net Debt	155 mn	−7,89 md	−16,51 md	−23,57 md	−41,29 md
Minority Interest, Total (Incl. Fin. Div)	1,92 md	1,77 md	3,63 md	3,23 md	4,01 md
Equity Method Investments, Total	751 mn	926 mn	762 mn	964 mn	1,67 md
Account Code - Inventory Valuation	3	3	3	3	3
Land - (BS)	58,36 mn	58,36 mn	58,36 mn	58,96 mn	58,96 mn
Machinery, Total	40,7 mn	41,05 mn	47,19 mn	51,1 mn	58,62 mn
Accumulated Allowance for Doubtful Accounts (Supple)	48,5 mn	20,98 mn	20,98 mn	20,98 mn	20,98 mn
Order Backlog	-	41,34 md	57,1 md	90,8 md	125 md

Skatteperiod: December	2021	2022	2023	2024	2025
Net Income	3,24 md	3,81 md	6,63 md	7,63 md	11,32 md
Depreciation & Amortization - CF	12,4 mn	9,63 mn	12,52 mn	8,46 mn	13,68 mn
Depreciation & Amortization, Total	12,4 mn	9,63 mn	12,52 mn	8,46 mn	13,68 mn
(Income) Loss On Equity Investments - (CF)	−235 mn	−174 mn	−124 mn	−194 mn	−717 mn
Provision and Write-off of Bad Debts	-	-	-	-	-
Other Operating Activities, Total	1,13 md	408 mn	1,35 md	1,78 md	2,86 md
Change In Accounts Receivable	−4,84 md	−600 mn	3,59 md	731 mn	4,11 md
Change In Inventories	3,29 md	322 mn	−1,62 md	−4,05 md	−4,38 md
Change In Accounts Payable	707 mn	−423 mn	−3,34 md	−95,06 mn	2,99 md
Change in Unearned Revenues	1,73 md	5,16 md	3,09 md	6,49 md	6,32 md
Change in Other Net Operating Assets	−845 mn	103 mn	181 mn	−1,36 md	−1,47 md
Cash from Operations	4,2 md	8,62 md	9,77 md	10,95 md	21,05 md
Capital Expenditure	−241 tn	−349 tn	−6,14 mn	−3,91 mn	−7,52 mn
Sale of Property, Plant, and Equipment	-	-	-	-	-
Sale (Purchase) of Real Estate properties	-	-	-	−598 tn	-
Investment in Marketable and Equity Securities, Total	-	-	-	-	−1,51 md
Other Investing Activities, Total	52,6 mn	232 mn	1,18 md	989 mn	1,31 md
Cash from Investing	52,36 mn	232 mn	1,17 md	984 mn	−202 mn
Short Term Debt Issued, Total	-	-	5,26 md	8,45 md	1,75 md
Long-Term Debt Issued, Total	600 mn	4,56 md	850 mn	-	-
Total Debt Issued	600 mn	4,56 md	6,11 md	8,45 md	1,75 md
Short Term Debt Repaid, Total	-	-	−5,93 md	−10,36 md	−1,75 md
Long-Term Debt Repaid, Total	−1,1 md	−6,88 md	−1,7 md	-	-
Total Debt Repaid	−1,1 md	−6,88 md	−7,63 md	−10,36 md	−1,75 md
Issuance of Common Stock	-	-	-	-	-
Common Dividends Paid	-	-	−2,08 md	−2,08 md	−2,72 md
Common & Preferred Stock Dividends Paid	-	-	−2,08 md	−2,08 md	−2,72 md
Other Financing Activities, Total	−1,46 md	−809 mn	−230 mn	−2,8 md	−1,89 md
Cash from Financing	−1,95 md	−3,13 md	−3,84 md	−6,79 md	−4,61 md
Net Change in Cash	2,3 md	5,72 md	7,1 md	5,15 md	16,23 md
Kompletterande punkter
Cash Interest Paid	140 mn	200 mn	226 mn	336 mn	89,57 mn
Cash Income Tax Paid (Refund)	-	-	-	-	143 mn
Levered Free Cash Flow	5,19 md	3,06 md	3,25 md	−2,52 md	6,47 md
Unlevered Free Cash Flow	5,25 md	3,17 md	3,35 md	−2,37 md	6,48 md
Change In Net Working Capital	−2,68 md	−688 mn	1,17 md	8,03 md	1,91 md
Net Debt Issued / Repaid	−496 mn	−2,32 md	−1,52 md	−1,91 md	0

Skatteperiod: December	2021	2022	2023	2024	2025
Lönsamhet
Return on Assets	7,3	6,29	9,89	10,44	11,95
Return on Total Capital	12,13	10,79	17,39	18,85	23
Return On Equity %	28,3	23,38	36,46	33,35	37,33
Return on Common Equity	25,2	23,23	32,23	29,8	34,47
Marginalanalys
Gross Profit Margin %	36,24	44,03	69,48	55,07	56,19
SG&A Margin	10	5,16	8,77	7,78	7,32
EBITDA Margin %	26,22	34,33	60,69	47,29	48,85
EBITA Margin %	26,16	34,26	60,6	47,25	48,82
EBIT Margin %	26,16	34,26	60,6	47,25	48,82
Income From Continuing Operations Margin %	27,13	36,96	71,17	50,59	49,51
Net Income Margin %	20,79	33	55,61	39,87	41,17
Net Avail. For Common Margin %	20,79	33	55,61	39,87	41,17
Normalized Net Income Margin	10,62	19,14	28,92	22,48	26,89
Levered Free Cash Flow Margin	33,25	26,52	27,23	−13,18	23,54
Unlevered Free Cash Flow Margin	33,63	27,46	28,11	−12,39	23,58
Tillgångsomslutning
Asset Turnover	0,45	0,29	0,26	0,35	0,39
Fixed Assets Turnover	492,69	490,19	650,02	1,27 tn	1,41 tn
Receivables Turnover (Average Receivables)	2,82	2	2,11	2,81	4,07
Inventory Turnover (Average Inventory)	0,78	0,59	0,31	0,59	0,63
Kortfristig likviditet
Current Ratio	3,7	7,09	7,85	15,04	12,85
Quick Ratio	1,84	4,15	5	9,39	8,42
Operating Cash Flow to Current Liabilities	0,59	1,92	1,84	2,99	3,51
Days Sales Outstanding (Average Receivables)	129,37	182,14	173,37	130,25	89,64
Days Outstanding Inventory (Average Inventory)	470,54	622,46	1,17 tn	616,68	576,01
Average Days Payable Outstanding	47,34	43,04	47,75	20,01	15,29
Cash Conversion Cycle (Average Days)	552,57	761,56	1,3 tn	726,92	650,36
Långsiktig solvens
Total Debt/Equity	35,6	17,32	7,23	0,01	0,04
Total Debt / Total Capital	26,25	14,76	6,74	0,01	0,04
LT Debt/Equity	1,21	4,23	0,01	0,01	0,04
Long-Term Debt / Total Capital	0,9	3,61	0,01	0,01	0,04
Total Liabilities / Total Assets	54,61	52,74	45,83	46,79	48,96
EBIT / Interest Expense	43,4	22,78	43,23	37,09	895,35
EBITDA / Interest Expense	43,53	22,83	43,3	37,12	896,26
(EBITDA - Capex) / Interest Expense	43,53	22,83	43,27	37,11	895,76
Total Debt / EBITDA	1,43	0,88	0,26	0	0
Net Debt / EBITDA	0,04	−1,99	−2,28	−2,6	−3,07
Total Debt / (EBITDA - Capex)	1,43	0,88	0,26	0	0
Net Debt / (EBITDA - Capex)	0,04	−1,99	−2,28	−2,6	−3,08
Tillväxt jämfört med föregående år
Total Revenues, 1 Yr. Growth %	59,88	−26,03	3,3	60,61	43,55
Gross Profit, 1 Yr. Growth %	68,63	−10,12	62,99	27,31	46,47
EBITDA, 1 Yr. Growth %	87,05	−3,16	82,62	25,16	48,26
EBITA, 1 Yr. Growth %	87,76	−3,11	82,7	25,23	48,31
EBIT, 1 Yr. Growth %	87,76	−3,11	82,7	25,23	48,31
Earnings From Cont. Operations, 1 Yr. Growth %	105,91	0,77	98,92	14,17	40,47
Net Income, 1 Yr. Growth %	95,76	17,38	74,07	15,15	48,25
Normalized Net Income, 1 Yr. Growth %	86,93	33,29	56,08	24,87	71,71
Diluted EPS Before Extra, 1 Yr. Growth %	95,76	17,38	74,07	15,15	48,25
Accounts Receivable, 1 Yr. Growth %	7,99	0,6	−3,94	45,61	−32,91
Inventory, 1 Yr. Growth %	−22,74	−2,94	14,89	32,51	30,06
Net Property, Plant and Equip., 1 Yr. Growth %	−26,02	−25,16	−18,02	−17,3	84,91
Total Assets, 1 Yr. Growth %	7,28	17,45	15,05	21,6	36,14
Tangible Book Value, 1 Yr. Growth %	28,8	26,25	24,83	24,29	31,3
Common Equity, 1 Yr. Growth %	28,8	26,25	24,83	24,29	31,3
Cash From Operations, 1 Yr. Growth %	879,91	105,28	13,33	12,15	92,21
Capital Expenditures, 1 Yr. Growth %	−62,92	44,81	1,66 tn	−36,37	50,38
Levered Free Cash Flow, 1 Yr. Growth %	103,05	−41,02	6,08	−177,06	−356,23
Unlevered Free Cash Flow, 1 Yr. Growth %	98,39	−39,61	5,74	−170,78	−373,09
Dividend Per Share, 1 Yr. Growth %	-	-	0	30,71	47,06
Sammansatt Årlig Tillväxthastighet Över Två År
Total Revenues, 2 Yr. CAGR %	10,64	8,75	−12,59	28,8	51,84
Gross Profit, 2 Yr. CAGR %	6,54	23,11	21,04	44,05	36,55
EBITDA, 2 Yr. CAGR %	6,42	34,59	32,98	51,18	36,23
EBITA, 2 Yr. CAGR %	6,55	34,88	33,05	51,26	36,28
EBIT, 2 Yr. CAGR %	6,55	34,88	33,05	51,26	36,28
Earnings From Cont. Operations, 2 Yr. CAGR %	9,47	44,05	41,58	50,7	26,64
Net Income, 2 Yr. CAGR %	9,62	51,59	42,94	41,58	30,66
Normalized Net Income, 2 Yr. CAGR %	9,76	57,85	44,23	39,6	46,43
Diluted EPS Before Extra, 2 Yr. CAGR %	9,62	51,59	42,94	41,58	30,66
Accounts Receivable, 2 Yr. CAGR %	0,68	4,23	−1,7	18,27	−1,16
Inventory, 2 Yr. CAGR %	−12,91	−13,4	5,6	23,39	31,28
Net Property, Plant and Equip., 2 Yr. CAGR %	−29,79	−25,59	−21,67	−17,66	23,66
Total Assets, 2 Yr. CAGR %	3,93	12,25	16,24	18,28	28,66
Tangible Book Value, 2 Yr. CAGR %	22,87	27,52	25,54	24,56	27,74
Common Equity, 2 Yr. CAGR %	22,87	27,52	25,54	24,56	27,74
Cash From Operations, 2 Yr. CAGR %	33,2	348,5	52,53	12,74	46,82
Capital Expenditures, 2 Yr. CAGR %	−85,32	−26,72	404,83	234,63	10,67
Levered Free Cash Flow, 2 Yr. CAGR %	71,79	9,44	−20,9	−9,18	40,55
Unlevered Free Cash Flow, 2 Yr. CAGR %	81,68	9,46	−20,09	−13,49	39,06
Dividend Per Share, 2 Yr. CAGR %	-	-	-	14,33	38,64
Treårig Sammansatt Årlig Tillväxthastighet
Total Revenues, 3 Yr. CAGR %	0,36	−3,26	6,9	7,06	33,54
Gross Profit, 3 Yr. CAGR %	−4,99	0,67	35,18	23,09	44,85
EBITDA, 3 Yr. CAGR %	−9,17	3,12	49	30,32	50,21
EBITA, 3 Yr. CAGR %	−9,16	3,23	49,24	30,39	50,27
EBIT, 3 Yr. CAGR %	−9,16	3,23	49,24	30,39	50,27
Earnings From Cont. Operations, 3 Yr. CAGR %	−9,1	6,49	60,41	31,78	47,21
Net Income, 3 Yr. CAGR %	−5,96	12,15	58,74	33	43,77
Normalized Net Income, 3 Yr. CAGR %	−2,5	17,1	57,26	37,47	49,58
Diluted EPS Before Extra, 3 Yr. CAGR %	−5,96	12,15	58,74	33	43,77
Accounts Receivable, 3 Yr. CAGR %	7,13	0,65	1,43	12,06	−2,1
Inventory, 3 Yr. CAGR %	−3,31	−9,71	−4,84	13,9	25,57
Net Property, Plant and Equip., 3 Yr. CAGR %	−22,72	−28,28	−23,15	−20,24	7,83
Total Assets, 3 Yr. CAGR %	5,75	8,25	13,18	18	23,95
Tangible Book Value, 3 Yr. CAGR %	22,19	23,99	26,62	25,12	26,77
Common Equity, 3 Yr. CAGR %	22,19	23,99	26,62	25,12	26,77
Cash From Operations, 3 Yr. CAGR %	32,16	53,86	183,55	37,67	34,68
Capital Expenditures, 3 Yr. CAGR %	−67,33	−68,52	111,41	153,11	178,29
Levered Free Cash Flow, 3 Yr. CAGR %	24,09	20,29	8,31	−21,35	28,35
Unlevered Free Cash Flow, 3 Yr. CAGR %	26,1	25,85	8,21	−23,25	26,93
Dividend Per Share, 3 Yr. CAGR %	-	-	-	-	24,34
Sammansatt Årlig Tillväxthastighet Över Fem År
Total Revenues, 5 Yr. CAGR %	17,73	5,42	−5,03	8,48	23,01
Gross Profit, 5 Yr. CAGR %	15,05	6,55	4,67	16,18	35,73
EBITDA, 5 Yr. CAGR %	12,25	4,83	5,79	20,18	43,75
EBITA, 5 Yr. CAGR %	12,31	4,89	5,82	20,27	43,92
EBIT, 5 Yr. CAGR %	12,31	4,89	5,82	20,27	43,92
Earnings From Cont. Operations, 5 Yr. CAGR %	11,54	5,17	8,53	22,36	45,94
Net Income, 5 Yr. CAGR %	8,96	6,79	11,19	23,1	46,84
Normalized Net Income, 5 Yr. CAGR %	6,79	8,06	14,03	25,63	52,83
Diluted EPS Before Extra, 5 Yr. CAGR %	-	−21,98	11,19	23,1	46,85
Accounts Receivable, 5 Yr. CAGR %	31,72	31,46	3,51	7,36	0,38
Inventory, 5 Yr. CAGR %	13,17	3	0,16	2,31	8,23
Net Property, Plant and Equip., 5 Yr. CAGR %	−19,89	−21,4	−22,3	−24,21	−7,04
Total Assets, 5 Yr. CAGR %	13,6	11,95	9,83	12,16	19,13
Tangible Book Value, 5 Yr. CAGR %	16,5	29,19	23,52	24,22	27,07
Common Equity, 5 Yr. CAGR %	16,5	29,19	23,52	24,22	27,07
Cash From Operations, 5 Yr. CAGR %	167,64	61,4	39,96	35,86	117,92
Capital Expenditures, 5 Yr. CAGR %	−49,59	44,71	−2,33	−18,97	63,19
Levered Free Cash Flow, 5 Yr. CAGR %	28,85	1,27	3,64	7,5	20,42
Unlevered Free Cash Flow, 5 Yr. CAGR %	29,29	2,14	5,07	8,33	19,63
Dividend Per Share, 5 Yr. CAGR %	-	-	0,01	-	-