PLDT Inc. (PHI) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 23	—	$0.76	—	—	$52.4B	—
Q4 22	—	-$1.34	—	—	$52.3B	—
Q3 22	—	$0.87	—	—	$51.3B	—
Q2 22	—	$0.67	—	—	$51B	—
Q1 22	—	$0.81	—	—	$49.8B	—
Q4 21	—	$0.69	—	—	$49.4B	—
Q3 21	—	$0.54	—	—	$48.2B	—
Q2 21	—	$0.68	—	—	$47.7B	—
Q1 21	—	$0.56	—	—	$47.9B	—
Q4 20	—	$0.44	—	—	$47.8B	—
Q3 20	—	$0.71	—	—	$46.5B	—
Q2 20	—	$0.59	—	—	$43.1B	—
Q1 20	—	$0.55	—	—	$43.6B	—
Q4 19	—	$0.59	—	—	$44.8B	—
Q3 19	—	$0.35	—	—	$42.5B	—
Q2 19	—	$0.49	—	—	$41.4B	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$138.6	—	—	$218.4B	—
FY24	—	$149.3	—	—	$216.8B	—
FY23	—	$122.9	—	—	$211B	—
FY22	—	$48.3	—	—	$204.4B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$165.3B	$158.9B	$162.9B	$169.2B	$181B	$192.2B	$204.4B	$211B	$216.8B	$218.4B
YoY change	-3.41%	-3.83%	+2.5%	+3.85%	+6.98%	+6.18%	+6.34%	+3.23%	+2.79%	+0.72%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	165.3B	158.9B	162.9B	169.2B	181B	192.2B	204.4B	211B	216.8B	218.4B
Cost of revenue	27.9B	20.3B	19.9B	17.1B	14.4B	16.6B	20.3B	25.5B	27.7B	28.8B
Gross profit	137.4B	138.7B	143B	152.1B	166.6B	175.6B	184.1B	185.4B	189.1B	189.6B
Gross margin	83.1%	87.3%	87.8%	89.9%	92%	91.4%	90.1%	87.9%	87.2%	86.8%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	46.6B	51.4B	53.7B	42.9B	45.7B	46B	51.3B	46.3B	42.3B	39.6B
Operating expenses	62.5B	64.2B	66.8B	61.9B	64.6B	70.5B	80.2B	76.4B	72.9B	70.5B
Operating income	35.7B	17.8B	23.1B	45.2B	46.5B	45.8B	979M	45.1B	54.8B	54.3B
Operating margin	21.6%	11.2%	14.2%	26.7%	25.7%	23.8%	0.48%	21.4%	25.3%	24.9%
Non-operating income, net	-7.4B	2.8B	4.9B	-6.1B	-4.6B	-1.8B	24.2B	4.1B	2.5B	821M
Pretax income	22.1B	14.6B	22.8B	32.3B	33B	34.3B	14B	36.5B	42.7B	37.7B
Income tax	1.9B	1.1B	3.8B	9.6B	8.4B	7.5B	2.7B	9.6B	10.1B	8.8B
Net income	20.2B	13.5B	19B	22.8B	24.6B	26.7B	10.7B	26.8B	32.6B	28.9B
Net margin	12.2%	8.47%	11.6%	13.5%	13.6%	13.9%	5.25%	12.7%	15%	13.2%
EBITDA	77.5B	82.7B	73.6B	85.8B	96.2B	100.9B	106B	102.7B	113.1B	118.6B
EPS	92.3	61.6	87.3	104	112.1	121.8	48.3	122.9	149.3	138.6
Diluted EPS	92.3	61.6	87.3	104	112.1	121.8	48.3	122.9	149.3	138.6

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	52.3B	54.6B	54.2B	53.4B	907.2M	55.9B	55.3B	54.3B	53.7B	55.1B	56.5B	55.5B
Cost of revenue	6B	7.1B	6.7B	6.6B	114.4M	7.6B	7.8B	7.3B	6.7B	7B	9.4B	8.4B
Gross profit	46.4B	47.5B	47.5B	46.7B	792.7M	48.3B	47.4B	47B	47B	48.2B	47.1B	47.1B
Gross margin	88.6%	86.9%	87.6%	87.5%	87.4%	86.4%	85.8%	86.5%	87.5%	87.4%	83.3%	84.9%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	19.1B	13.4B	19.3B	20.5B	322.8M	10.4B	9.4B	19.1B	19B	10.4B	9.3B	18.4B
Operating expenses	19.1B	21.5B	19.3B	20.5B	322.8M	18.3B	17.4B	19.1B	19B	17.7B	17.2B	18.4B
Operating income	15.2B	2.1B	16.6B	13.6B	250.9M	9.9B	15.6B	14.8B	12.3B	11.6B	14.6B	14.4B
Operating margin	29.1%	3.79%	30.5%	25.5%	27.7%	17.7%	28.2%	27.3%	23%	21%	25.8%	26%
Non-operating income, net	-2.4B	260M	-3.4B	-2.5B	-34M	76M	346M	-2.9B	-3.3B	-2.1B	817M	-4.4B
Pretax income	12.8B	-1.1B	13.2B	11.1B	216.9M	5.6B	11.8B	11.9B	9B	5B	11.3B	10B
Income tax	3.3B	79M	3.3B	2.5B	51.9M	1.3B	2.7B	2.8B	2.1B	1.2B	2.3B	2.4B
Net income	9.5B	-1.2B	9.9B	8.6B	165M	4.3B	9.1B	9.1B	7B	3.7B	8.9B	7.6B
Net margin	18.1%	-2.15%	18.2%	16.2%	18.2%	7.75%	16.4%	16.8%	13%	6.78%	15.8%	13.7%
EBITDA	28.5B	23.2B	29.2B	27.4B	488.2M	29.5B	29.8B	28.9B	29B	30B	31.1B	29.8B
EPS	43.6	—	45.4	39.7	44.6	—	41.7	42.1	32	—	41	35
Diluted EPS	43.6	—	45.4	39.7	44.6	—	41.7	42.1	32	—	41	35

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	348.1B	380.1B	270.2B	252.6B	352.7B	451.4B	289.7B	290.6B	—	4.7B	3.7B
Enterprise value	491.4B	518.6B	385B	425.8B	546.9B	692.2B	555.9B	575.8B	—	351.7B	5.7B
Shares outstanding	12.6B	12.6B	12.6B	12.6B	12.6B	12.6B	12.7B	12.4B	216.4M	216.5M	216.5M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	17.3	28.2	14.2	11.1	14.3	16.9	27	10.8	—	0.16	8.47
P/S	2.11	2.39	1.66	1.49	1.95	2.35	1.42	1.38	—	0.02	0.02
P/B	3.21	3.42	2.32	2.17	2.95	3.54	2.54	2.63	—	0.04	1.75
EV/EBITDA	6.34	6.27	5.23	4.96	5.69	6.86	5.25	5.61	—	2.97	3.98
EV/Sales	2.97	3.26	2.36	2.52	3.02	3.6	2.72	2.73	—	1.61	1.6
Earnings yield	5.79%	3.54%	7.02%	9.02%	6.97%	5.91%	3.71%	9.23%	—	613.4%	11.8%
FCF yield	1.88%	5.09%	5.13%	-7.52%	1.98%	-2.66%	-6.68%	2.52%	—	757.6%	0.63%
PEG	—	—	—	—	—	—	—	—	—	—	-0.5

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	83.1%	87.3%	87.8%	89.9%	92%	91.4%	90.1%	87.9%	87.2%	86.8%	84.9%
Operating margin	21.6%	11.2%	14.2%	26.7%	25.7%	23.8%	0.48%	21.4%	25.3%	24.9%	26%
Net margin	12.2%	8.47%	11.6%	13.5%	13.6%	13.9%	5.25%	12.7%	15%	13.2%	13.1%
ROE	18.6%	12.1%	16.3%	19.6%	20.5%	20.9%	9.42%	24.3%	27.9%	22.5%	22.4%
ROA	4.24%	2.93%	3.93%	4.34%	4.27%	4.26%	1.72%	4.4%	5.22%	4.55%	5.61%
ROIC	13%	6.58%	8.29%	11%	11%	9.73%	0.21%	8.4%	9.47%	8.76%	8.45%
Return on tangible assets	6.03%	4.2%	5.49%	5.85%	5.52%	5.32%	2.17%	5.58%	6.59%	5.71%	5.34%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	0.47	0.53	0.52	0.37	0.41	0.33	0.33	0.36	0.34	0.44	0.44
Quick ratio	0.45	0.51	0.5	0.35	0.39	0.31	0.31	0.34	0.32	0.42	0.43
Debt / equity	1.7	1.55	1.51	1.8	2.03	2.15	2.56	2.74	2.88	2.8	2.67
Debt / assets	0.39	0.38	0.37	0.4	0.42	0.44	0.47	0.5	0.54	0.57	0.57
Net debt / EBITDA	1.85	1.68	1.56	2.02	2.02	2.39	2.51	2.78	2.87	2.93	2.91
Interest coverage	4.07	3.01	4.29	4.82	4.3	4.33	2.22	3.67	3.77	3.08	3.08
Effective tax rate	8.65%	7.57%	16.8%	29.5%	25.6%	21.8%	19.2%	26.4%	23.7%	23.4%	22.9%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	13.1	12.6	12.9	13.4	14.3	15.2	16.1	17	1K	1K	1K
EPS (basic)	92.3	61.6	87.3	104	112.1	121.8	48.3	122.9	149.3	138.6	138.6
EPS (diluted)	92.3	61.6	87.3	104	112.1	121.8	48.3	122.9	149.3	138.6	2.03
Book value per share	8.59	8.8	9.23	9.2	9.47	10.1	8.97	8.9	539.3	591.7	9.8
FCF per share	0.52	1.53	1.1	-1.5	0.55	-0.95	-1.52	0.59	62.1	164.7	208.2
Cash per share	3.31	2.7	4.86	2.82	3.84	2.64	2.03	1.38	50.8	56.5	58.7
Capex per share	3.19	2.86	3.71	6.98	5.59	8.01	2.59	4.22	281.1	12.6	12.6

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	24.4%	22.7%	28.8%	52.1%	39%	52.6%	16.1%	24.8%	28.1%	1.25%	1.23%
Capex / operating cash flow	79.8%	61.8%	72.3%	100.2%	78.6%	85.7%	41%	63%	86.5%	2.76%	2.78%
Payout ratio	114%	123.4%	73.4%	68.4%	68%	66.4%	235.1%	87%	63.7%	71.3%	74%
Dividend yield	6.6%	4.37%	5.16%	6.17%	4.74%	3.92%	8.71%	8.03%	—	437.5%	8.79%

Yield

8.79%

trailing twelve months

Frequency

Semi-annual

Last dividend

$0.752

ex-dividend Aug 27, 2026

Payout ratio

74%

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 27, 2026	$0.752
Mar 25, 2026	$0.798
Mar 12, 2025	$0.812

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$52.3B	$54.6B	$54.2B	$53.4B	$907.2M	$55.9B	$55.3B	$54.3B	$53.7B	$55.1B	$56.5B	$55.5B
YoY change	+1.89%	+4.35%	+3.56%	+3.26%	-98.3%	+2.37%	+1.94%	+1.76%	+5.8K%	-1.41%	+2.24%	+2.2%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	41.8B	34.1B	61.4B	35.7B	48.6B	33.4B	25.8B	17.1B	11B	12.2B
Receivables	24.4B	33.8B	24.1B	22.4B	22.1B	21.8B	26.3B	26.1B	31.6B	31.4B
Inventory	3.7B	3.9B	2.9B	3.4B	4.1B	3.7B	3.6B	3.3B	3.3B	1.8B
Total current assets	86B	89.7B	99.6B	75.6B	87.4B	73.9B	81.3B	70.1B	63.8B	69.4B
Property, plant & equipment	177.3B	159.8B	169.4B	219B	253.7B	294.3B	293.4B	289.8B	328B	340.2B
Goodwill & intangibles	140.6B	139.2B	137.2B	135.7B	130.7B	125.1B	129.1B	128.7B	128.9B	128.8B
Total assets	475.1B	459.4B	482.8B	525B	575.8B	626.3B	624.2B	609.5B	623.3B	634.8B
Accounts payable	49.2B	56.3B	70.9B	69.4B	77.7B	87.6B	100.9B	76.9B	61.1B	52.6B
Short-term debt	33.3B	15B	20.4B	22.9B	21.6B	16B	42.8B	17.6B	30.7B	25.1B
Total current liabilities	182B	168.1B	192.6B	204.4B	213.5B	224.3B	247B	196.7B	188.5B	159.1B
Long-term debt	151.8B	157.7B	155.8B	185.9B	221.2B	258.2B	249.2B	284.8B	304.9B	334.1B
Total liabilities	366.6B	348.3B	366.1B	408.7B	456.2B	498.9B	510.2B	499.1B	506.5B	506.7B
Shareholders' equity	108.5B	111.2B	116.7B	116.3B	119.7B	127.5B	114B	110.4B	116.7B	128.1B
Total debt	185B	172.6B	176.3B	208.9B	242.8B	274.2B	292B	302.3B	335.6B	359.2B
Net debt	146.3B	139.7B	124.6B	184.5B	202.6B	250.3B	266.8B	286.2B	325.6B	347.4B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	22.3B	17.1B	14.4B	13B	225.8M	11B	14.7B	11.6B	10.4B	12.2B	15B	12.7B
Receivables	25.3B	26.1B	28.1B	27.9B	486.2M	31.6B	31.4B	31.2B	30B	31.4B	32.3B	35.4B
Inventory	2.5B	3.3B	2.4B	2B	33.7M	3.3B	2.7B	2.5B	2.2B	1.8B	2.3B	2.8B
Total current assets	83.7B	70.1B	70.9B	65.6B	1.1B	63.8B	67.9B	64.1B	61.9B	69.4B	74.7B	74.5B
Property, plant & equipment	315.5B	289.8B	331.4B	312.6B	5.4B	328B	328.7B	338.1B	334.5B	340.2B	337.8B	338.6B
Goodwill & intangibles	128.8B	128.7B	64.3B	128.6B	2.2B	128.9B	128.9B	128.8B	128.7B	128.8B	128.8B	128.7B
Total assets	632.7B	609.5B	621.8B	627.5B	10.5B	623.3B	626.7B	629.6B	629.6B	634.8B	639.6B	638.3B
Accounts payable	78B	76.9B	84.7B	85.5B	1.2B	61.1B	54.2B	56.7B	49.8B	52.6B	49.2B	50.3B
Short-term debt	40.5B	17.6B	17.3B	18.4B	445.5M	30.7B	27.7B	30.4B	26.1B	25.1B	38.7B	41.1B
Total current liabilities	225.1B	196.7B	210.5B	200.4B	3.3B	188.5B	187.8B	174.1B	163.4B	159.1B	179.8B	168.6B
Long-term debt	275.7B	284.8B	287.2B	296.9B	5B	304.9B	309.1B	317.2B	332.2B	334.1B	318.5B	319.9B
Total liabilities	515.4B	499.1B	515.5B	513.3B	8.6B	506.5B	509.9B	504.2B	508.1B	506.7B	512.4B	503.2B
Shareholders' equity	117.3B	110.4B	106.2B	114.3B	1.9B	116.7B	116.8B	125.4B	121.5B	128.1B	127.2B	135.1B
Total debt	316.2B	302.3B	304.5B	315.2B	5.5B	335.6B	336.9B	347.6B	358.3B	359.2B	357.3B	361B
Net debt	294.7B	286.2B	290.4B	303.3B	5.3B	325.6B	323.1B	336.7B	348.2B	347.4B	342.8B	349.1B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	22.1B	14.6B	22.8B	32.3B	33B	34.2B	13.5B	36.4B	42.7B	37.7B
Depreciation & amortization	35.4B	52.8B	48.1B	40.4B	50B	55B	98.9B	58.7B	56.2B	59.5B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—
Change in working capital	-12.6B	-12.2B	-10B	7.8B	1.2B	21.5B	-32.7B	-23.8B	-42.4B	-13.7B
Operating cash flow	50.6B	58.5B	64.8B	88B	89.9B	118.1B	80.5B	83B	70.3B	98.7B
Capital expenditure	-40.4B	-36.1B	-46.9B	-88.2B	-70.7B	-101.2B	-33B	-52.3B	-60.8B	-2.7B
Investing cash flow	-46.6B	-22.4B	-24.6B	-84.6B	-66B	-102.8B	-31.9B	-53.9B	-64B	-2.5B
Dividends paid	-23B	-16.6B	-13.9B	-15.6B	-16.7B	-17.7B	-25.2B	-23.3B	-20.8B	-20.6B
Share repurchases	0	0	—	—	—	—	—	—	—	—
Financing cash flow	-8.8B	-33.2B	-11.6B	-4.5B	-1.2B	10.6B	-31B	-29B	-11.6B	-23.7B
Net change in cash	-4.8B	2.8B	28.7B	-1.1B	22.8B	25.9B	17.6B	74M	-5.2B	72.5B
Free cash flow	6.6B	19.4B	13.8B	-19B	7B	-12B	-19.4B	7.3B	13.4B	35.7B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	12.8B	-1.1B	13.2B	11.1B	216.9M	5.6B	11.8B	11.9B	9.9B	5B	11.3B	10B
Depreciation & amortization	12.2B	22.5B	11.7B	12.7B	220M	18.9B	13.1B	13.1B	15.6B	17.7B	14.3B	14.3B
Stock-based compensation	—	—	—	—	—	—	—	—	—	—	—	—
Change in working capital	-117M	-11.7B	1.1B	1.7B	-413.6M	-20.9B	-3.4B	-4.1B	3B	-9.1B	-4.7B	-3.5B
Operating cash flow	28.2B	13.4B	28.9B	29B	81M	7.6B	25.6B	22.2B	29.1B	23B	22.8B	23B
Capital expenditure	-5.1B	-1.4B	-16.4B	-17.9B	-149.1M	-17.8B	-15.5B	-668M	-789M	-659M	-638M	-632M
Investing cash flow	-4.8B	-3B	-16.2B	-20.8B	-149.4M	-18.2B	-15.4B	-512M	-81M	-2B	-654M	-898M
Dividends paid	-10.6B	-15M	-7M	-10B	-182.1M	-6M	-39M	-10.2B	-10.4B	-14M	-19M	-9.9B
Share repurchases	—	—	—	—	—	—	—	—	—	—	—	—
Financing cash flow	-10.1B	-14.3B	-8.4B	-5.6B	-82.7M	7.2B	-3.1B	-4.7B	-9.9B	-6B	-5.3B	-11B
Net change in cash	13.2B	-3.9B	4.3B	2.7B	-151.1M	-3.4B	7B	16.9B	19.1B	15.1B	16.8B	11.2B
Free cash flow	12.7B	8.3B	5B	8.6B	99.8M	-6B	8.4B	4.2B	11B	12B	10.4B	11.7B

Date	Ratio
Aug 21, 2013	1:1
Jul 14, 1997	2:1
Jun 9, 1992	115:100
Dec 3, 1987	6:5
Oct 28, 1987	2:1

PLDT Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history