Petron Corporation (PSE:PCOR)

Petron 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	Jan 1, 2023	Dec 31, 2021	Dec 31, 2020
Revenue	804,933	867,966	801,027	857,638	438,057	286,033
Revenue Growth (YoY)	-7.66%	8.36%	-6.60%	95.78%	53.15%	-44.39%
Cost of Revenue	755,363	823,632	756,389	825,412	408,987	278,497
Gross Profit	49,570	44,334	44,638	32,226	29,070	7,536
Selling, General & Admin	18,164	17,181	15,911	14,454	13,329	13,453
Other Operating Expenses	-1,698	-1,560	-1,457	-1,322	-1,021	-970
Operating Expenses	16,466	15,621	14,454	13,132	12,308	12,483
Operating Income	33,104	28,713	30,184	19,094	16,762	-4,947
Interest Expense	-16,792	-18,328	-16,927	-11,108	-8,134	-10,255
Interest & Investment Income	1,202	1,201	1,284	898	564	780
Earnings From Equity Investments	155	114	89	66	11	4.16
Currency Exchange Gain (Loss)	-1,771	-1,771	-509	-3,678	-1,242	2,363
Other Non Operating Income (Expenses)	929	2,995	-1,048	3,079	-687	-4,265
EBT Excluding Unusual Items	16,827	12,924	13,073	8,351	7,274	-16,320
Gain (Loss) on Sale of Investments	70	70	37	54	23	-9
Gain (Loss) on Sale of Assets	-	-	-	-	-	95
Other Unusual Items	-	-	-	-	-	23
Pretax Income	16,897	12,994	13,110	8,405	7,297	-16,211
Income Tax Expense	5,824	4,523	2,998	1,480	1,161	-4,798
Earnings From Continuing Operations	11,073	8,471	10,112	6,925	6,136	-11,413
Minority Interest in Earnings	-447	-2	-883	-973	-767	33
Net Income	10,626	8,469	9,229	5,952	5,369	-11,380
Preferred Dividends & Other Adjustments	6,414	5,664	6,684	5,589	4,936	3,394
Net Income to Common	4,212	2,805	2,545	363	433	-14,774
Net Income Growth	46.20%	-8.24%	55.06%	10.86%	-	-
Shares Outstanding (Basic)	9,125	9,375	9,375	9,375	9,375	9,375
Shares Outstanding (Diluted)	9,125	9,375	9,375	9,375	9,375	9,375
EPS (Basic)	0.46	0.30	0.27	0.04	0.05	-1.58
EPS (Diluted)	0.46	0.30	0.27	0.04	0.05	-1.58
EPS Growth	121.23%	10.22%	601.10%	-16.16%	-	-
Free Cash Flow	39,694	3,248	13,269	-28,058	-19,863	-5,634
Free Cash Flow Per Share	4.35	0.35	1.42	-2.99	-2.12	-0.60
Dividend Per Share	0.100	0.100	0.100	0.100	-	-
Gross Margin	6.16%	5.11%	5.57%	3.76%	6.64%	2.63%
Operating Margin	4.11%	3.31%	3.77%	2.23%	3.83%	-1.73%
Profit Margin	0.52%	0.32%	0.32%	0.04%	0.10%	-5.17%
Free Cash Flow Margin	4.93%	0.37%	1.66%	-3.27%	-4.53%	-1.97%
EBITDA	47,983	42,376	43,702	31,315	26,067	3,691
EBITDA Margin	5.96%	4.88%	5.46%	3.65%	5.95%	1.29%
D&A For EBITDA	14,879	13,663	13,518	12,221	9,305	8,638
EBIT	33,104	28,713	30,184	19,094	16,762	-4,947
EBIT Margin	4.11%	3.31%	3.77%	2.23%	3.83%	-1.73%
Effective Tax Rate	34.47%	34.81%	22.87%	17.61%	15.91%	-
Advertising Expenses	-	837	530	464	318	421

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