Saturday 17 October 2026 Export PHI’s income statement to Excel — free account

PLDT Inc.

PHI Communication Services Telecom Services

PLDT Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue fell 5.84%, EPS fell 24.0%, free cash flow grew 78.5% and total debt fell 5.94%, each against the same quarter a year earlier.

19.88 0.15 +0.76%

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Market cap: $4.3B
P/E: 9.4×
Fwd P/E: 7.5×
Dividend yield: 7.63%
F-score: 5/9
Altman Z: 0.79
Beneish M: −3.00
Dividend safety: 40/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 0.46

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	1	—	—	—	2	2	—

Insider Ownership 0.17%

Capital & Financial Ratios $m

Market Cap 4,260.00

Revenue 3,747.98

Net Income 583.33

Free Cash Flow 815.18

Net Debt 4,686.96

Current Ratio 0.44

Debt/Equity 2.20

P/E ratio 9.39

Fwd P/E 7.50

P/S ratio 1.15

P/B ratio 1.95

Past 5Y EPS Growth 0.76%

This Y EPS Growth (1.31%)

Next Y EPS Growth 3.89%

Next Y revenue growth 7,638.67%

Next 5Y EPS Growth 2.67%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 19.31%

10-year low 10-year high

P/S against its own 10 years 6.97%

10-year low 10-year high

P/B against its own 10 years 6.60%

10-year low 10-year high

EV/Sales against its own 10 years 23.18%

10-year low 10-year high

EV/FCF against its own 10 years 8.44%

10-year low 10-year high

Dividends

Payout Ratio 0.72

Annual Dividend Rate 1.52

Annual Dividend Yield 7.63%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	122.75	0.77 0.75
2025	131.16	0.82 0.84
2024	1.70	0.81 0.89
2023	1.92	1.06 0.86
2022	2.13	0.81 1.32
2021	1.66	0.82 0.84
2020	1.55	0.77 0.78
2019	1.38	0.69 0.69
2018	1.20	0.54 0.67
2017	1.50	0.56 0.94
2016	2.28	1.23 1.05

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	298	193	210	199
Receivables	470	553	546	580
Inventory	60	58	32	46
Other	272	25	26	31
	1,262	1,117	1,208	1,222

	2023	2024	2025	Q'26
Payables	1,458	1,168	981	875
ST’ Debt	210	408	282	507
Other	85	65	66	63
	3,540	3,298	2,769	2,765

Compound Annual Growth %

	10y	5y	3y
Sales	0.09%	0.77%	0.21%
Cash Flow	1.14%	(0.01%)	7.01%
Earnings	0.28%	0.29%	37.41%
Book Value	(1.17%)	(1.61%)	2.05%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	961	910	—	—	—
’25	956	966	940	937	3,800
’24	971	923	934	967	3,795
’23	953	930	936	978	3,797
’22	973	1,926	912	(35)	3,777
’21	992	992	965	974	3,923
’20	860	853	953	990	3,656

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	387	364	—	—	—
’25	425	407	495	392	1,718
’24	425	457	309	238	1,430
’23	485	288	406	365	1,544
’22	360	356	227	460	1,402
’21	362	555	481	468	1,867
’20	333	338	663	385	1,719

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	194	195	—	—	—
’25	157	109	203	220	689
’24	132	158	149	(73)	365
’23	207	(261)	320	336	602
’22	(66)	556	(22)	266	795
’21	(43)	(154)	(48)	58	(187)
’20	5	(130)	250	166	291

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.70	0.57	—	—	—
’25	0.72	0.75	0.56	0.29	2.41
’24	0.81	0.69	0.78	0.34	2.61
’23	0.76	0.78	0.78	(0.10)	2.21
’22	0.81	1.49	0.87	(2.27)	0.89
’21	0.56	0.68	0.55	0.71	2.47
’20	0.54	0.58	0.66	0.44	2.32

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	25.50	27.60	20.49	19.25	15.91	23.71	20.20	19.02	21.00	18.61	Analyst estimates 2026–2028 Powerpack
	High	50.48	38.54	32.66	26.33	30.58	37.71	39.00	27.98	30.39	25.12
People
People	Employees	18,038	17,779	17,222	18,784	18,848	18,822	17,155	15,596	14,904	14,304
	Revenue/emp, $m	0.19	0.18	0.18	0.17	0.19	0.21	0.22	0.24	0.25	0.27
Income, $m
Income, $m	Revenue	3,487	3,167	3,130	3,265	3,656	3,923	3,777	3,797	3,795	3,800
	Gross margin, %	74.87	78.74	78.09	80.85	92.02	91.18	89.95	92.85	87.21	86.82
	EBT	466	288	433	624	667	693	249	657	747	656
	EBT margin, %	13.36	9.11	13.85	19.11	18.24	17.67	6.58	17.29	19.69	17.26
	Net income	466	288	433	624	667	693	249	656	747	656
	Depreciation	747	1,044	915	800	1,032	1,140	1,859	1,056	1,053	1,115
Per share, $
Per share, $	Revenue	16.14	14.66	14.49	15.11	16.92	18.16	17.48	17.57	17.56	17.59
	Earnings	1.95	1.22	1.66	2.04	2.32	2.47	0.89	2.21	2.61	2.41
	Cash flow	4.78	5.14	5.37	6.20	7.95	8.64	6.49	7.15	6.62	7.95
	Capex	(3.96)	(3.32)	(4.13)	(7.86)	(6.61)	(9.51)	(2.81)	(4.36)	(4.93)	(4.76)
	Free cash flow	0.82	1.82	1.25	(1.66)	1.35	(0.87)	3.68	2.79	1.69	3.19
	Book value	10.60	10.19	10.26	10.39	11.19	11.98	9.71	9.20	9.46	10.32
	Shares, m	216	216	216	216	216	216	216	216	216	216
Valuation, ×
Valuation, ×	P/E	14.26	24.29	12.80	9.92	12.57	14.29	26.45	10.56	8.45	9.38
	P/S	1.73	2.07	1.48	1.31	1.65	1.97	1.36	1.33	1.26	1.24
	P/B	2.65	2.99	2.09	1.97	2.51	2.99	2.45	2.56	2.35	2.12
	EV/Sales	2.60	2.94	2.21	2.39	2.65	3.14	2.45	2.46	2.51	2.53
	EV/FCF	50.80	23.67	25.89	42.79	33.59	(65.04)	12.65	17.38	31.60	15.38
Cash, $m
Cash, $m	Operating cash flow	1,033	1,111	1,161	1,339	1,719	1,867	1,402	1,544	1,430	1,718
	Capex	(855)	(718)	(892)	(1,699)	(1,428)	(2,054)	(607)	(941)	(1,065)	(1,029)
	Free cash flow	178	393	270	(360)	291	(187)	795	602	365	689
Balance, $m
Balance, $m	Working capital	(2,027)	(1,553)	(1,768)	(2,487)	(2,547)	(3,052)	(3,048)	(2,278)	(2,181)	(1,561)
	Total debt	3,904	3,418	3,349	3,716	4,500	5,127	4,592	4,586	4,928	5,134
	Net debt	3,017	2,740	2,312	3,186	3,664	4,594	4,121	4,288	4,735	4,924
	Shareholders’ equity	2,290	2,201	2,217	2,244	2,417	2,588	2,097	1,987	2,043	2,229
Returns, %
Returns, %	ROA	4.20	2.76	3.92	4.49	4.51	4.39	1.59	4.26	5.16	4.53
	ROIC	8.88	4.45	5.73	9.83	8.44	6.91	0.11	8.09	8.84	6.33
	ROE	17.63	11.79	16.29	19.52	21.14	21.43	8.23	23.52	28.13	23.40

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
VEON VEON Ltd.	$5.3B	100×	7.4×	+16.93% (above 0%: growing)	−79.56% (below 0%: shrinking)	+431.58% (above 0%: growing)	86.55%	27.46%	Compare
LUMN Lumen Technologies, Inc.	$5.0B	— (loss-making)	— (loss-making)	−9.28% (below 0%: shrinking)	n/m	+124.34% (above 0%: growing)	49.55%	(3.14%)	Compare
IRDM Iridium Communications Inc	$4.8B	49.6×	42.9×	+3.84% (above 0%: growing)	−55.00% (below 0%: shrinking)	−15.24% (below 0%: shrinking)	71.23%	15.10%	Compare
TKC Turkcell Iletisim Hizmetleri AS	$4.3B	10.1×	—	+15.43% (above 0%: growing)	+8.33% (above 0%: growing)	−58.09% (below 0%: shrinking)	25.36%	12.41%	Compare
PHI PLDT Inc.	$4.3B	9.4×	7.5×	−5.84% (below 0%: shrinking)	−24.00% (below 0%: shrinking)	+78.48% (above 0%: growing)	57.86%	20.01%
TDS Telephone and Data Systems, Inc.	$3.7B	11.1×	34.7×	+3.60% (above 0%: growing)	n/m	−133.98% (below 0%: shrinking)	58.19%	120.67%	Compare
AD Array Digital Infrastructure Inc.	$2.9B	5.4×	8.8×	+89.53% (above 0%: growing)	+1,021.62% (above 0%: growing)	−115.23% (below 0%: shrinking)	56.54%	738.42%	Compare
KYIV Kyivstar Group Ltd.	$2.9B	18.1×	10.0×	+19.37% (above 0%: growing)	−16.71% (below 0%: shrinking)	+29.21% (above 0%: growing)	88.79%	37.46%	Compare
LBTYA Liberty Global Ltd	$2.8B	— (loss-making)	— (loss-making)	−7.65% (below 0%: shrinking)	n/m	+429.69% (above 0%: growing)	50.62%	0.26%	Compare
Median of peers	$4.0B	14.6×	10.0×	+9.63%	−16.71%	+6.99%	57.37%	21.28%

All 55 Telecom Services stocks →

PLDT Inc. (PHI) key facts

PLDT Inc. (PHI) is a Telecom Services company in the Communication Services sector, traded in the US as an ADR.
PLDT Inc.’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, roughly unchanged from fiscal 2024.
As of October 16, 2026, PHI traded at $19.88, a market capitalization of $4.3 billion.
PLDT Inc. pays an annual dividend of $1.52 per share, a yield of 7.63%, with a payout ratio of 71.7%.
Return on equity was 23.4% and debt-to-equity 2.20.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 0.79 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.