PCCW Limited (HKG:0008)

PCCW Limited Financials Overview

Financials in millions HKD. Fiscal year is January - December.

Revenue & Profits

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	41,534	40,252	37,557	36,347	36,065	35,455
Revenue Growth	3.19%	7.18%	3.33%	0.78%	1.72%	-1.47%
Gross Profit Gross Profit Growth	18,818	18,721	18,430	18,231	18,151	17,730
Operating Income Operating Income Growth	5,271	5,451	5,388	4,966	4,653	4,551
Net Income Net Income Growth	-17	-253	-300	-471	158	1,039
Earnings Per Share EPS Growth	-0.00	-0.03	-0.04	-0.06	0.02	0.13
EPS Growth	-	-	-	-	-84.78%	-

Revenue by Segment

Chart

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Eliminations Eliminations Growth	-1,859	-1,514	-2,154	-1,654	-1,336
Hong Kong Telecommunications (HKT) Limited Hong Kong Telecommunications (HKT) Limited Growth	36,553	34,753	34,330	34,125	33,961
Media Business Media Business Growth	3,613	3,515	3,404	2,922	2,280
Other Businesses Other Businesses Growth	1,945	803	767	672	-
Total Total Growth	40,252	37,557	36,347	36,065	35,455

Cash & Debt

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	4,056	4,303	3,017	3,133	3,519	5,476
Total Debt Total Debt Growth	67,701	62,804	55,174	55,024	51,966	49,313
Net Cash (Debt) Net Cash Growth	-63,645	-58,501	-52,157	-51,891	-48,447	-43,837
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-10.30	-7.56	-6.75	-6.72	-6.27	-5.67

Cash Flow & CapEx

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	-	12,209	10,625	13,346	10,339	9,704
Capital Expenditures CapEx Growth	-	-2,068	-2,165	-2,187	-2,332	-3,591
Free Cash Flow Free Cash Flow Growth	-	10,141	8,460	11,159	8,007	6,113
Free Cash Flow Growth	-	19.87%	-24.19%	39.37%	30.98%	-36.73%

Margins

Chart

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	45.31%	46.51%	49.07%	50.16%	50.33%	50.01%
Operating Margin	12.69%	13.54%	14.35%	13.66%	12.90%	12.84%
Pretax Margin	8.69%	8.50%	7.42%	6.88%	7.21%	10.57%
Profit Margin	-0.04%	-0.63%	-0.80%	-1.30%	0.44%	2.93%
FCF Margin	-	25.19%	22.53%	30.70%	22.20%	17.24%

Dividends

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.383	0.383	0.383	0.383	0.380	0.370
Dividend Per Share Growth	-25.54%	0%	0%	0.55%	2.67%	15.13%
Dividend Yield	6.68%	7.43%	9.54%	11.39%	14.80%	14.01%

Valuation

Chart

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	-	-	-	-	172.14	29.37
Forward PE	52.18	64.67	91.50	99.28	25.62	44.89
P/FCF Ratio	-	4.12	4.13	2.88	3.40	4.99
PS Ratio	1.07	1.04	0.93	0.89	0.75	0.86

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every six months for this company.

Update frequency:

Semi-annually

Last checked:

Jul 31, 2026

Data Sources Report a data error