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Higher toll usage, fine revenues boost Salik’s 2025 profit to Dh1.55 billion
In the fourth quarter of 2025, Salik’s net profit after tax rose 19.6 per cent year-on-year to Dh409.6 million, despite lower financing income and higher finance costs during the period
- PUBLISHED: Wed 4 Mar 2026, 1:42 PM
Salik Company on Wednesday said its net profit for 2025 jumped 33.4 per cent to Dh1.55 billion compared to Dh1.16 billion in the previous year on the back of higher toll usage, cost efficiency and fine revenues.
Dubai’s toll gate operator said its revenues jumped to Dh3.09 billion in 2025, up from Dh2.20 billion in 2024, registering a growth of 35.1 per cent.
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Revenue from fines reached Dh280.6 million in 2025, contributing 9.1 per cent to total revenue compared to 10.3 per cent in 2024.
Salik’s tag activation fees contributed 1.5 per cent of total revenues in Q4 2025, reaching Dh46.9 million – a 14.8 per cent increase – supported by a rise in registered active vehicles.
Total ancillary revenue reached Dh24 million, driven by revenues from Parking Payment Solutions partnerships with Emaar Malls and Parkonic, a significant increase of more than 300 per cent. Salik rolled out a barrier-free parking payment solution since July 2024, and expanded it with a partnership with Parkonic across key parking areas.
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The toll company generated EBITDA of Dh2.14 billion in 2025, up 35.8 per cent, with the last quarter increasing by 20.7 per cent to reach Dh560.2 million. EBITDA margin stood at 68.2 per cent in Q4, compared to 71.3 per cent in the year prior.
In the fourth quarter, Salik’s net profit after tax rose 19.6 per cent year-on-year to Dh409.6 million, despite lower financing income and higher finance costs during the period. Net profit before tax for Q4 reached Dh450.1 million, also up 19.6 per cent compared to the same period last year, reflecting continued growth in chargeable trips and revenue momentum in the final quarter of 2025.
Toll trips
The total trips taken through Salik’s tolls amounted to 852.7 million in 2025, while total chargeable trips reached 639.1 million, supported by the launch of two new gates and variable pricing, which was implemented on January 31, 2026. Peak trips (Dh6) reached 212.2 million, while off-peak (Dh4) hours saw more trips at 365.8 million.
The number of active registered accounts also increased by 7.7 per cent to 2.8 million vehicles.
Because of the strong financial performance, Salik’s board of directors proposed a total dividend of Dh890.3 million to be paid during the first half of 2026, which is equivalent to 11.9 fils per share. The total dividend is comprised of a cash dividend of Dh782.5 million, a 33.4 per cent increase in cash dividends compared to the previous year, and a proposed special dividend of Dh107.8 million.
“We generated a 35.1 per cent increase in revenue, driven by the successful introduction of two new toll gates, the effective implementation of variable pricing, and continued growth in total chargeable trips across our network,” said Mattar Al Tayer, Chairman, Salik.
The CEO of Salik, Ibrahim Sultan Al Haddad, added that the two additional toll gates and the introduction of the variable toll pricing helped increase toll revenues and total trips.
“We remain optimistic about Dubai’s macroeconomic outlook, underpinned by continued population growth and resilient tourism, which we believe will continue to support the strong performance of the business,” he said.
“With solid operating momentum, robust cash generation and a well-capitalised balance sheet, we are confident in our ability to deliver sustainable growth and long-term shareholder value as we expand our business and innovate across the mobility ecosystem and adjacent services.”
Hind Aldah is a business reporter based in Sharjah. In her spare time, you will find her playing classical guitar, painting amateur oil paintings, or crocheting the same old scarf that leads nowhere.
