ABSTRACT:- This study was set examine the link between Dangote Cement PLC capital structure and the profit performance of company using secondary data from the period 2010 to 2019. The study adopted return on equity (ROEQ) as proxy for performance (the dependent variable, while the proportion of long term debts to equity funding (DEFP) and the proportion of equity funding to total capital employed (ECEP) representing capital structure were used as the independent variables. Secondary data for the study variables were compiled from the annual financial statements Dangote cement company for 10 years period. The study employed descriptive statistics and multiple regression techniques based on the E-view 10 software as the statistical methods for data analysis. The results showed that both DEFP and ECEP are positively related to return on equity (ROEQ), but the degree of impact is not statistically significant at 5% level. The study concluded that capital structure had a weak positive link with the performance. Based on the findings of the study it was recommended that Dangote Cement PLC should strive to maintain its 2010 debt-equity composition of 32.1% and 67.9% as the company recorded a highest rate of return on equity ever with that mix, and because debt and equity as this study has shown are both positively related to performance. Also the 32:68 debt-equity combination in 2010 provided a near optimal capital mix for the company.

KEYWORDS: Capital, Debt, Equity, Funding, Performance, Returns