Manila Water Company, Inc. (PSE:MWC)
Philippines · Delayed Price · Currency is PHP 34.80
-0.20 (-0.57%)
At close: Aug 28, 2026
Manila Water Company 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 | 40,494 | 38,259 | 34,855 | 28,504 | 20,641 | 19,287 |
Other Revenue | 1,814 | 1,858 | 1,720 | 2,141 | 2,113 | 1,148 |
| 42,308 | 40,117 | 36,575 | 30,645 | 22,753 | 20,435 | |
Revenue Growth | 10.65% | 9.68% | 19.35% | 34.68% | 11.35% | -4.22% |
Operations & Maintenance | 1,068 | 1,017 | 959.02 | 964.66 | 1,147 | 744.27 |
Selling, General & Admin | 2,214 | 2,086 | 1,939 | 1,516 | 1,561 | 817.66 |
Depreciation & Amortization | 5,911 | 5,234 | 5,348 | 4,308 | 3,046 | 3,628 |
Provision for Bad Debts | 181.81 | 190.7 | 166.83 | 217.17 | -134.36 | 466.81 |
Other Operating Expenses | 8,651 | 8,491 | 8,728 | 7,996 | 8,126 | 7,083 |
Total Operating Expenses | 18,027 | 17,018 | 17,140 | 15,001 | 13,745 | 12,740 |
Operating Income | 24,281 | 23,099 | 19,435 | 15,644 | 9,008 | 7,695 |
Interest Expense | -4,948 | -3,347 | -3,543 | -3,759 | -2,813 | -2,466 |
Interest Income | 211.04 | 248.54 | 374.91 | 301.23 | 121.76 | 70.55 |
Net Interest Expense | -4,737 | -3,099 | -3,168 | -3,458 | -2,692 | -2,396 |
Income (Loss) on Equity Investments | 1,230 | 1,237 | -3,594 | -3,561 | 520.07 | 569.46 |
Currency Exchange Gain (Loss) | 8.75 | 15.07 | 1,127 | 54.05 | 662.48 | -347.76 |
Other Non-Operating Income (Expenses) | 1,325 | 400.49 | 291.68 | 307.83 | 659.29 | -48.27 |
EBT Excluding Unusual Items | 22,108 | 21,653 | 14,092 | 8,987 | 8,158 | 5,473 |
Gain (Loss) on Sale of Investments | - | - | - | - | - | -130.32 |
Gain (Loss) on Sale of Assets | 1.93 | 4.65 | 1,014 | -10.78 | 3 | -34.11 |
Other Unusual Items | 35.89 | 35.89 | - | - | - | - |
Pretax Income | 22,146 | 21,693 | 15,106 | 8,976 | 8,161 | 5,308 |
Income Tax Expense | 4,685 | 5,089 | 4,134 | 3,105 | 2,013 | 1,539 |
Earnings From Continuing Ops. | 17,461 | 16,604 | 10,971 | 5,871 | 6,148 | 3,769 |
Earnings From Discontinued Ops. | -1.41 | -0.66 | -1.01 | -0.83 | -6.36 | -14.96 |
Net Income to Company | 17,460 | 16,603 | 10,970 | 5,870 | 6,141 | 3,754 |
Minority Interest in Earnings | -1,135 | -795.32 | -470.73 | -276.89 | -218.63 | -80.81 |
Net Income | 16,325 | 15,808 | 10,500 | 5,594 | 5,923 | 3,673 |
Net Income to Common | 16,325 | 15,808 | 10,500 | 5,594 | 5,923 | 3,673 |
Net Income Growth | 41.44% | 50.56% | 87.71% | -5.56% | 61.24% | -18.38% |
Shares Outstanding (Basic) | 2,965 | 2,958 | 2,953 | 2,951 | 3,282 | 3,285 |
Shares Outstanding (Diluted) | 2,965 | 2,958 | 2,953 | 2,951 | 3,282 | 3,285 |
Shares Change | 0.23% | 0.15% | 0.08% | -10.09% | -0.08% | 33.27% |
EPS (Basic) | 5.51 | 5.34 | 3.56 | 1.90 | 1.80 | 1.12 |
EPS (Diluted) | 5.51 | 5.34 | 3.56 | 1.90 | 1.80 | 1.12 |
EPS Growth | 41.11% | 50.33% | 87.56% | 5.04% | 61.38% | -38.75% |
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 | 6,862 | 4,763 | -168.86 | 2,564 | -8,174 | -1,540 |
Free Cash Flow Per Share | 2.31 | 1.61 | -0.06 | 0.87 | -2.49 | -0.47 |
Dividend Per Share | 1.772 | 1.772 | 1.674 | 1.129 | 0.999 | 0.531 |
Dividend Growth | 5.85% | 5.85% | 48.27% | 13.06% | 88.06% | - |
Profit Margin | 38.59% | 39.41% | 28.71% | 18.25% | 26.03% | 17.98% |
Free Cash Flow Margin | 16.22% | 11.87% | -0.46% | 8.37% | -35.92% | -7.53% |
EBITDA | 29,898 | 28,039 | 24,534 | 19,844 | 12,054 | 11,323 |
EBITDA Margin | 70.67% | 69.89% | 67.08% | 64.75% | 52.98% | 55.41% |
D&A For EBITDA | 5,617 | 4,940 | 5,098 | 4,200 | 3,046 | 3,628 |
EBIT | 24,281 | 23,099 | 19,435 | 15,644 | 9,008 | 7,695 |
EBIT Margin | 57.39% | 57.58% | 53.14% | 51.05% | 39.59% | 37.66% |
Effective Tax Rate | 21.15% | 23.46% | 27.37% | 34.59% | 24.67% | 29.00% |
Revenue as Reported | 42,372 | 40,181 | 36,647 | 30,710 | 22,799 | 20,530 |