Jollibee Foods 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	Mar '26 Mar 31, 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
Revenue	311,432	305,112	269,942	244,107	211,902	153,576
Revenue Growth	11.68%	13.03%	10.58%	15.20%	37.98%	18.76%
Cost of Revenue	260,818	254,286	223,681	204,094	179,546	131,176
Gross Profit	50,615	50,826	46,261	40,014	32,356	22,399
Selling, General & Admin	30,928	30,374	28,956	25,219	21,830	16,701
Operating Expenses	30,928	30,374	28,956	25,219	21,830	16,701
Operating Income	19,687	20,452	17,305	14,795	10,526	5,698
Interest Expense	-7,710	-7,598	-5,772	-5,382	-4,769	-4,146
Interest & Investment Income	706.35	701.96	959.04	863.52	341.19	164.97
Earnings From Equity Investments	117.15	224.25	329.18	580.01	4.06	-43.42
Currency Exchange Gain (Loss)	-37.35	-64.03	-801.81	-106.51	43.97	41.15
Other Non Operating Income (Expenses)	-303.45	-303.43	-609.62	-257.96	4,770	41.54
EBT Excluding Unusual Items	12,460	13,413	11,410	10,492	10,917	1,756
Merger & Restructuring Charges	-	-	-	-	-565.66	291.11
Gain (Loss) on Sale of Investments	39	41.09	178.59	530.94	-1,050	196.99
Asset Writedown	-413.52	-302.29	-415.65	-380.62	-584.92	576.71
Other Unusual Items	2,582	2,533	2,683	1,279	2,089	3,093
Pretax Income	15,261	16,154	14,186	12,342	11,188	6,143
Income Tax Expense	5,347	5,149	3,390	3,357	3,849	641.44
Earnings From Continuing Operations	9,915	11,005	10,796	8,985	7,338	5,502
Minority Interest in Earnings	23.86	-133.59	-479.31	-219.34	220.01	479.7
Net Income	9,938	10,872	10,317	8,766	7,559	5,982
Preferred Dividends & Other Adjustments	359.06	359.1	428.18	451.11	451.19	112.85
Net Income to Common	9,579	10,513	9,888	8,315	7,107	5,869
Net Income Growth	-1.24%	6.31%	18.92%	16.99%	21.10%	-
Shares Outstanding (Basic)	1,120	1,120	1,117	1,115	1,111	1,107
Shares Outstanding (Diluted)	1,123	1,123	1,120	1,117	1,114	1,109
Shares Change	0.10%	0.22%	0.30%	0.31%	0.43%	0.61%
EPS (Basic)	8.55	9.39	8.85	7.46	6.40	5.30
EPS (Diluted)	8.53	9.36	8.83	7.44	6.38	5.29
EPS Growth	-1.36%	6.07%	18.57%	16.64%	20.57%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	19,482	21,275	22,051	26,541	14,239	11,985
Free Cash Flow Per Share	17.36	18.95	19.68	23.76	12.79	10.81
Dividend Per Share	3.440	3.440	2.970	2.300	2.300	1.670
Dividend Growth	15.82%	15.82%	29.13%	0%	37.72%	169.36%
Gross Margin	16.25%	16.66%	17.14%	16.39%	15.27%	14.59%
Operating Margin	6.32%	6.70%	6.41%	6.06%	4.97%	3.71%
Profit Margin	3.08%	3.45%	3.66%	3.41%	3.35%	3.82%
Free Cash Flow Margin	6.26%	6.97%	8.17%	10.87%	6.72%	7.80%
EBITDA	29,395	29,878	25,678	22,348	17,230	11,797
EBITDA Margin	9.44%	9.79%	9.51%	9.16%	8.13%	7.68%
D&A For EBITDA	9,708	9,426	8,373	7,553	6,703	6,099
EBIT	19,687	20,452	17,305	14,795	10,526	5,698
EBIT Margin	6.32%	6.70%	6.41%	6.06%	4.97%	3.71%
Effective Tax Rate	35.03%	31.87%	23.90%	27.20%	34.41%	10.44%
Revenue as Reported	311,432	305,112	269,942	244,107	211,902	153,576
Advertising Expenses	-	5,555	4,865	4,060	3,400	3,400