Ayala Income Statement

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

Millions PHP. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	345,873	336,886	325,744	289,905	263,820	225,592
Other Revenue	46,342	46,750	44,308	51,993	42,824	30,186
Revenue	392,215	383,636	370,052	341,898	306,644	255,778
Revenue Growth	4.98%	3.67%	8.24%	11.50%	19.89%	16.35%
Cost of Revenue	250,494	243,545	239,296	220,715	211,403	176,808
Gross Profit	141,721	140,091	130,756	121,183	95,241	78,970
Selling, General & Admin	47,307	46,020	47,265	35,822	33,481	29,120
Operating Expenses	47,307	46,020	47,265	35,822	33,481	29,120
Operating Income	94,414	94,070	83,491	85,361	61,760	49,849
Interest Expense	-37,709	-36,551	-32,827	-28,218	-25,884	-22,954
Interest & Investment Income	18,631	18,287	14,090	11,827	9,106	5,078
Currency Exchange Gain (Loss)	427.63	427.63	1,340	127	584.67	440.26
Other Non Operating Income (Expenses)	2,709	2,048	1,959	-392.87	1,813	-430.63
EBT Excluding Unusual Items	78,473	78,282	68,053	68,704	47,380	31,983
Impairment of Goodwill	-38.7	-	-2,410	-3,115	-	-
Gain (Loss) on Sale of Investments	21,970	22,172	6,548	826.44	11,143	6,239
Gain (Loss) on Sale of Assets	121.04	121.04	464.44	1,157	-6,274	117.23
Asset Writedown	-2,166	-2,010	-805.35	-2,826	-311.35	-267.65
Other Unusual Items	-	-	-	-	-	4,528
Pretax Income	98,385	98,592	71,851	64,756	52,088	42,762
Income Tax Expense	11,404	11,723	10,388	9,580	6,214	4,912
Earnings From Continuing Operations	86,981	86,869	61,462	55,176	45,874	37,850
Earnings From Discontinued Operations	-	-	-	-	-	-1,814
Net Income to Company	86,981	86,869	61,462	55,176	45,874	36,036
Minority Interest in Earnings	-26,045	-25,441	-19,436	-17,103	-18,476	-8,262
Net Income	60,936	61,428	42,026	38,073	27,398	27,774
Preferred Dividends & Other Adjustments	3,011	2,380	1,794	1,675	1,260	1,260
Net Income to Common	57,924	59,047	40,233	36,398	26,138	26,514
Net Income Growth	40.55%	46.76%	10.54%	39.26%	-1.42%	66.95%
Shares Outstanding (Basic)	621	623	621	620	619	623
Shares Outstanding (Diluted)	621	623	621	620	620	624
Shares Change	-0.32%	0.25%	0.27%	-0.09%	-0.56%	-0.63%
EPS (Basic)	93.28	94.82	64.77	58.75	42.20	42.58
EPS (Diluted)	93.18	94.72	64.68	58.64	42.02	42.42
EPS Growth	41.01%	46.43%	10.31%	39.55%	-0.95%	68.08%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	-25,176	-17,502	-37,720	-26,826	-14,270	-7,936
Free Cash Flow Per Share	-40.54	-28.11	-60.72	-43.30	-23.01	-12.73
Dividend Per Share	9.605	9.210	8.373	7.612	6.920	6.920
Dividend Growth	9.25%	9.99%	10.00%	10.00%	0%	0%
Gross Margin	36.13%	36.52%	35.34%	35.44%	31.06%	30.87%
Operating Margin	24.07%	24.52%	22.56%	24.97%	20.14%	19.49%
Profit Margin	14.77%	15.39%	10.87%	10.65%	8.52%	10.37%
Free Cash Flow Margin	-6.42%	-4.56%	-10.19%	-7.85%	-4.65%	-3.10%
EBITDA	111,545	110,036	97,896	99,841	77,432	65,279
EBITDA Margin	28.44%	28.68%	26.45%	29.20%	25.25%	25.52%
D&A For EBITDA	17,132	15,966	14,405	14,481	15,672	15,430
EBIT	94,414	94,070	83,491	85,361	61,760	49,849
EBIT Margin	24.07%	24.52%	22.56%	24.97%	20.14%	19.49%
Effective Tax Rate	11.59%	11.89%	14.46%	14.79%	11.93%	11.49%
Revenue as Reported	392,215	383,636	370,052	341,898	-	-
Advertising Expenses	-	2,956	1,961	1,343	841.55	810.54