DHL Group reported operating profit of EUR 6.1 billion for 2025. The figure exceeded the company’s guidance of at least EUR 6.0 billion and increased 3.7% from EUR 5.9 billion in 2024.
Revenue declined 1.6% to EUR 82.9 billion. Currency effects and lower volumes on routes to the United States contributed to the decrease. The EBIT margin rose to 7.4% from 7.0%.
Free cash flow excluding M&A increased 8.3% to EUR 3.2 billion. The result exceeded guidance of around EUR 3 billion. Consolidated net profit attributable to shareholders reached EUR 3.5 billion, up 5.1%. Basic earnings per share improved 8.1% to EUR 3.09.
CEO Tobias Meyer said active capacity management and structural cost improvements enabled the company to exceed financial targets. The company continues to invest in global growth markets and sectors.
Capital expenditures for owned assets amounted to EUR 3.0 billion, down 3.8% from the prior year. The company aligned investments with volatile global trade flows while continuing to invest in regions with strong growth potential.
DHL Express achieved earnings growth despite declining shipment volumes to the United States. The division posted EBIT of EUR 3.162 billion with a 12.9% margin. Revenue fell 2.8% to EUR 24.4 billion.
Global Forwarding, Freight faced a challenging market environment. EBIT declined 29.6% to EUR 756 million. Revenue fell 5.1% to EUR 18.6 billion. The EBIT margin dropped to 4.1% from 5.5%. Capacity constraints eased and air and ocean freight rates declined.
Supply Chain recorded revenue growth of 0.5% to EUR 17.8 billion. EBIT increased 8.7% to EUR 1.161 billion. The EBIT margin improved to 6.5% from 6.0%. The outsourcing trend and new business wins supported growth.
eCommerce revenue declined 1.1% to EUR 6.9 billion. Excluding currency effects, revenue exceeded the prior year by 1.0%. EBIT rose 35.3% to EUR 379 million. The result includes a positive one-off effect of EUR 129 million.
Post & Parcel Germany posted EBIT of EUR 1.032 billion, up 25.8%. Revenue increased 3.0% to EUR 17.9 billion. The EBIT margin improved to 5.8% from 4.7%.
The Board proposes a dividend of EUR 1.90 per share, up from EUR 1.85. The total payout would amount to EUR 2.1 billion. The company completed share buybacks of EUR 1.4 billion in 2025.
DHL Group expects operating profit above EUR 6.2 billion for 2026. Free cash flow excluding M&A is projected at around EUR 3 billion. The company anticipates geopolitical uncertainties to persist.
The company reduced greenhouse gas emissions to 32.3 million tonnes of COâ‚‚e. Sustainable Aviation Fuel in the company’s own aircraft fleet increased to 10.0% from 3.5%. The electric vehicle fleet expanded to approximately 45,400 vehicles.
