BACKGROUND፡ The prevalence of diabetes and its associated complications rising in Ethiopia ranged from 2.0%–6.5%, the primary cause of morbidity and mortality with consequential economic impact. This study aimed to assess the prevalence and risk factors of dyslipidemia among diabetes follow-up patients.METHODS: Institution-based cross-sectional study was conducted at Debre Berhan Referral Hospital from January to March 2020 in 347 Adult type 2 diabetes follow-up patients using a convenient sampling technique. Data were collected by interviews and entered using Epi-data 4.2 and analyzed using SPSS version 25. Factors having a p-value < 0.25 in the bi-variable logistic regression model were entered into a multivariable logistic regression model. Statistical Significance was declared at a p-value ≤ of 0.05.RESULTS: The prevalence of dyslipidemia among type 2 diabetes patients in this study was 59 %. Significantly associated variables were being female [AOR 2.6 (95% CI 1.2-3.2), P = 0.011], smoking history [AOR 4.1 (95% CI 2-6.8), P = 0.001], Being overweight [AOR 3.5 (95% CI 1.6-7.8), P = 0.002], Being obese [AOR 4.8 (95% CI 1.7-13), P = 0.002].Conclusion: Prevalence of dyslipidemia was high among diabetic patients, which accounts for 59%. Being female, smoking history, being overweight, and being obese were determinants of dyslipidemia. Patients with poor glycemic control need additional lipid-lowering therapies to prevent secondary Atherosclerotic vascular complications.KEYWORDS: Dyslipidemia, prevalence, risk factors, diabetes, Debre Berhan