San Miguel Corporation (PSE:SMC)
Philippines · Delayed Price · Currency is PHP 67.85
+0.65 (0.97%)
At close: Jun 5, 2026
San Miguel 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 |
| 1,552,755 | 1,485,345 | 1,575,379 | 1,446,703 | 1,506,591 | 941,193 | |
Revenue Growth (YoY) | 0.60% | -5.71% | 8.89% | -3.98% | 60.07% | 29.68% |
Cost of Revenue | 1,256,406 | 1,204,575 | 1,316,720 | 1,212,489 | 1,318,245 | 754,125 |
Gross Profit | 296,349 | 280,770 | 258,659 | 234,214 | 188,346 | 187,068 |
Selling, General & Admin | 77,458 | 75,895 | 76,714 | 71,134 | 63,984 | 60,474 |
Research & Development | 68 | 68 | 89 | 80 | 45 | 38 |
Other Operating Expenses | 6,638 | 6,638 | 2,107 | 3,965 | 17 | 3,534 |
Operating Expenses | 98,464 | 96,901 | 91,815 | 87,646 | 75,442 | 74,546 |
Operating Income | 197,885 | 183,869 | 166,844 | 146,568 | 112,904 | 112,522 |
Interest Expense | -94,149 | -94,926 | -95,358 | -87,085 | -57,093 | -45,521 |
Interest & Investment Income | 16,956 | 16,896 | 15,034 | 14,052 | 8,460 | 6,265 |
Earnings From Equity Investments | 13,525 | 11,482 | 2,364 | 1,729 | 1,197 | 1,040 |
Currency Exchange Gain (Loss) | -8,709 | -8,709 | -20,514 | 2,485 | -21,518 | -4,846 |
Other Non Operating Income (Expenses) | -50,256 | -7,349 | -6,378 | -4,537 | -3,817 | -3,289 |
EBT Excluding Unusual Items | 75,252 | 101,263 | 61,992 | 73,212 | 40,133 | 66,171 |
Impairment of Goodwill | - | - | - | -188 | -789 | - |
Gain (Loss) on Sale of Investments | 22,910 | 22,910 | 2,175 | 83 | 733 | 167 |
Gain (Loss) on Sale of Assets | -250 | - | - | - | - | - |
Asset Writedown | - | - | - | - | - | -386 |
Pretax Income | 97,912 | 124,173 | 64,167 | 73,107 | 40,077 | 65,952 |
Income Tax Expense | 24,150 | 29,495 | 27,492 | 28,408 | 13,317 | 17,793 |
Earnings From Continuing Operations | 73,762 | 94,678 | 36,675 | 44,699 | 26,760 | 48,159 |
Net Income to Company | 73,762 | 94,678 | 36,675 | 44,699 | 26,760 | 48,159 |
Minority Interest in Earnings | -55,127 | -53,387 | -44,086 | -44,501 | -39,728 | -34,234 |
Net Income | 18,635 | 41,291 | -7,411 | 198 | -12,968 | 13,925 |
Preferred Dividends & Other Adjustments | 8,747 | 8,747 | 9,518 | 6,192 | 6,450 | 8,006 |
Net Income to Common | 9,888 | 32,544 | -16,929 | -5,994 | -19,418 | 5,919 |
Net Income Growth | -16.42% | - | - | - | - | 368.38% |
Shares Outstanding (Basic) | 2,555 | 2,384 | 2,384 | 2,384 | 2,384 | 2,384 |
Shares Outstanding (Diluted) | 2,555 | 2,384 | 2,384 | 2,388 | 2,384 | 2,384 |
Shares Change (YoY) | 10.20% | - | -0.17% | 0.17% | - | - |
EPS (Basic) | 3.87 | 13.65 | -7.10 | -2.51 | -8.15 | 2.48 |
EPS (Diluted) | 3.87 | 13.65 | -7.10 | -2.51 | -8.15 | 2.48 |
EPS Growth | -29.58% | - | - | - | - | - |
Free Cash Flow | 129,280 | 103,765 | 28,637 | 11,923 | -88,379 | -24,283 |
Free Cash Flow Per Share | 50.60 | 43.53 | 12.01 | 4.99 | -37.07 | -10.19 |
Dividend Per Share | 1.400 | 1.400 | 1.400 | 1.400 | 1.400 | 1.400 |
Gross Margin | 19.09% | 18.90% | 16.42% | 16.19% | 12.50% | 19.88% |
Operating Margin | 12.74% | 12.38% | 10.59% | 10.13% | 7.49% | 11.96% |
Profit Margin | 0.64% | 2.19% | -1.07% | -0.41% | -1.29% | 0.63% |
Free Cash Flow Margin | 8.33% | 6.99% | 1.82% | 0.82% | -5.87% | -2.58% |
EBITDA | 256,687 | 243,644 | 215,236 | 204,189 | 157,898 | 150,046 |
EBITDA Margin | 16.53% | 16.40% | 13.66% | 14.11% | 10.48% | 15.94% |
D&A For EBITDA | 58,802 | 59,775 | 48,392 | 57,621 | 44,994 | 37,524 |
EBIT | 197,885 | 183,869 | 166,844 | 146,568 | 112,904 | 112,522 |
EBIT Margin | 12.74% | 12.38% | 10.59% | 10.13% | 7.49% | 11.96% |
Effective Tax Rate | 24.66% | 23.75% | 42.84% | 38.86% | 33.23% | 26.98% |
Advertising Expenses | - | 8,430 | 7,934 | 7,015 | 5,885 | 5,586 |