First Philippine Holdings Corporation (PSE:FPH)

First Philippine Holdings Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	166,975	167,110	164,952	170,338	125,159	107,281
Revenue Growth (YoY)	1.02%	1.31%	-3.16%	36.10%	16.66%	-19.70%
Selling, General & Admin	20,564	21,434	18,840	18,206	15,495	15,043
Other Operating Expenses	111,128	111,326	112,334	120,827	84,575	65,806
Total Operating Expenses	131,692	132,760	131,174	139,033	100,070	80,849
Operating Income	35,283	34,350	33,778	31,305	25,089	26,432
Interest Expense	-9,956	-9,197	-7,841	-6,328	-5,757	-6,951
Interest Income	3,037	3,339	5,137	2,767	2,322	2,911
Net Interest Expense	-6,919	-5,858	-2,704	-3,561	-3,435	-4,040
Income (Loss) on Equity Investments	399	303	356	433	342	346
Currency Exchange Gain (Loss)	222	460	-17	93	89	355
Other Non-Operating Income (Expenses)	2,613	1,976	1,132	1,122	745	691
EBT Excluding Unusual Items	31,598	31,231	32,545	29,392	22,830	23,784
Gain (Loss) on Sale of Investments	-	-	-	-	-	12
Gain (Loss) on Sale of Assets	-329	-329	52	58	14	62
Insurance Settlements	376	362	2,155	773	1,336	1,831
Legal Settlements	-8	-8	-8	-8	-8	-8
Other Unusual Items	177	-	-	-	-	5
Pretax Income	31,814	31,256	34,744	30,215	24,172	25,686
Income Tax Expense	6,290	6,511	5,688	6,341	4,271	4,882
Earnings From Continuing Ops.	25,524	24,745	29,056	23,874	19,901	20,804
Minority Interest in Earnings	-10,043	-10,429	-13,990	-11,198	-9,880	-10,944
Net Income	15,481	14,316	15,066	12,676	10,021	9,860
Preferred Dividends & Other Adjustments	-	-	-	-	50	99
Net Income to Common	15,481	14,316	15,066	12,676	9,971	9,761
Net Income Growth	12.63%	-4.98%	18.86%	26.49%	1.63%	-21.64%
Shares Outstanding (Basic)	449	463	468	484	501	507
Shares Outstanding (Diluted)	449	463	468	484	501	507
Shares Change (YoY)	-3.44%	-0.92%	-3.35%	-3.33%	-1.36%	-2.28%
EPS (Basic)	34.51	30.89	32.21	26.20	19.92	19.24
EPS (Diluted)	34.51	30.89	32.21	26.20	19.92	19.24
EPS Growth	16.64%	-4.10%	22.97%	31.51%	3.56%	-19.99%
Free Cash Flow	14,583	-4,878	29,200	18,957	22,096	29,278
Free Cash Flow Per Share	32.51	-10.53	62.44	39.18	44.15	57.70
Dividend Per Share	2.200	2.200	2.200	2.200	2.200	2.000
Dividend Growth	-	-	-	-	10.00%	-
Profit Margin	9.27%	8.57%	9.13%	7.44%	7.97%	9.10%
Free Cash Flow Margin	8.73%	-2.92%	17.70%	11.13%	17.65%	27.29%
EBITDA	52,037	50,172	47,837	44,740	37,698	39,959
EBITDA Margin	31.16%	30.02%	29.00%	26.27%	30.12%	37.25%
D&A For EBITDA	16,754	15,822	14,059	13,435	12,609	13,527
EBIT	35,283	34,350	33,778	31,305	25,089	26,432
EBIT Margin	21.13%	20.55%	20.48%	18.38%	20.05%	24.64%
Effective Tax Rate	19.77%	20.83%	16.37%	20.99%	17.67%	19.01%
Revenue as Reported	166,975	167,110	164,952	170,338	125,159	107,281

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.