Manila Electric Company (PSE:MER)
Philippines · Delayed Price · Currency is PHP 482.00
-7.20 (-1.47%)
At close: Aug 20, 2026
Manila Electric Company Financials Overview
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 |
Revenue Revenue Growth | 535,816 | 497,325 | 470,362 | 443,612 | 426,529 | 318,547 |
Revenue Growth | 12.07% | 5.73% | 6.03% | 4.00% | 33.90% | 15.71% |
Net Income Net Income Growth | 53,791 | 51,130 | 45,859 | 38,023 | 28,431 | 23,498 |
Earnings Per Share EPS Growth | 47.72 | 45.36 | 40.69 | 33.74 | 25.23 | 20.85 |
EPS Growth | 14.30% | 11.48% | 20.61% | 33.74% | 20.99% | 44.02% |
| 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 |
Power Power Growth | 527,380 | 487,460 | 458,538 | 431,023 | 413,950 | 309,238 |
Inter-Segment Transactions Inter-Segment Transactions Growth | -13,221 | -11,325 | -6,943 | -5,259 | -4,433 | -5,941 |
Other Services Other Services Growth | 21,657 | 21,190 | 18,767 | 17,848 | 17,012 | 15,250 |
Total Total Growth | 535,816 | 497,325 | 470,362 | 443,612 | 426,529 | 318,547 |
| Fiscal Year | Current | 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 |
Cash & Investments Cash & Investments Growth | 120,053 | 109,457 | 93,306 | 90,333 | 73,829 | 72,572 |
Total Debt Total Debt Growth | 247,453 | 230,221 | 94,878 | 102,125 | 104,316 | 90,668 |
Net Cash (Debt) Net Cash Growth | -127,400 | -120,764 | -1,572 | -11,792 | -30,487 | -18,096 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -113.04 | -107.16 | -1.39 | -10.46 | -27.05 | -16.06 |
| 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 Cash Flow Operating Cash Flow Growth | 60,985 | 72,077 | 42,010 | 57,974 | 25,182 | 43,181 |
Capital Expenditures CapEx Growth | -97,681 | -106,520 | -39,150 | -24,800 | -33,663 | -26,260 |
Free Cash Flow Free Cash Flow Growth | -36,696 | -34,443 | 2,860 | 33,174 | -8,481 | 16,921 |
Free Cash Flow Growth | - | - | -91.38% | - | - | 65.73% |
| 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 |
Pretax Margin | 12.59% | 12.79% | 12.05% | 10.55% | 8.26% | 10.36% |
Profit Margin | 10.04% | 10.28% | 9.75% | 8.57% | 6.67% | 7.38% |
FCF Margin | -6.85% | -6.93% | 0.61% | 7.48% | -1.99% | 5.31% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 23, 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 |
Dividend Per Share Dividend Per Share Growth | 28.000 | 28.000 | 24.040 | 19.760 | 16.840 | 15.290 |
Dividend Per Share Growth | 13.43% | 16.47% | 21.66% | 17.34% | 10.14% | 22.13% |
Dividend Yield | 5.81% | 5.02% | 5.32% | 5.66% | 6.85% | 6.59% |
| Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Aug '26 Aug 23, 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 |
PE Ratio | 10.10 | 12.65 | 11.99 | 11.83 | 11.85 | 14.16 |
Forward PE | 10.38 | 12.86 | 12.91 | 13.08 | 12.72 | 14.24 |
P/FCF Ratio | - | - | 192.32 | 13.56 | - | 19.66 |
PS Ratio | 1.01 | 1.30 | 1.17 | 1.01 | 0.79 | 1.04 |