Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of PLDT.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $216.83B | $210.95B | $205.25B | $193.26B | $181.00B | $169.19B | $164.75B | $159.93B | $165.26B | $171.10B |
| Cost of Revenue | $27.73B | $55.78B | $20.62B | $17.04B | $14.44B | $17.07B | $21.76B | $21.25B | $26.90B | $26.93B |
| Gross Profit | $189.10B | $155.17B | $184.62B | $176.22B | $166.56B | $152.12B | $142.99B | $138.67B | $138.36B | $144.17B |
| Gross Profit Ratio | 87.21% | 73.56% | 89.95% | 91.20% | 92.02% | 89.91% | 86.79% | 86.71% | 83.72% | 84.26% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $36.83B | $38.22B | $45.48B | $39.78B | $39.17B | $41.12B | $46.24B | $44.65B | $39.31B | $39.36B |
| Selling and Marketing Expenses | $5.43B | $8.04B | $6.56B | $6.72B | $6.54B | $5.39B | $6.34B | $5.91B | $7.69B | $9.75B |
| Selling General and Administrative Expenses | $42.26B | $46.25B | $85.30B | $46.50B | $45.71B | $46.52B | $52.58B | $68.99B | $46.99B | $49.11B |
| Other Expenses | $146.84B | $- | $98.71B | $81.38B | $77.03B | $61.37B | $1.88B | $5.06B | $4.28B | $4.80B |
| Operating Expenses | $189.10B | $54.01B | $184.02B | $127.88B | $122.73B | $107.89B | $121.16B | $120.49B | $102.61B | $102.65B |
| Cost and Expenses | $216.83B | $109.80B | $204.64B | $144.92B | $137.18B | $124.95B | $142.91B | $141.74B | $129.52B | $129.58B |
| Interest Income | $916.00M | $926.00M | $653.00M | $656.00M | $1.21B | $1.75B | $1.94B | $1.41B | $1.05B | $799.00M |
| Interest Expense | $15.42B | $13.66B | $11.55B | $10.31B | $10.01B | $8.46B | $6.93B | $7.23B | $7.19B | $6.15B |
| Depreciation and Amortization | $56.23B | $58.68B | $98.86B | $54.99B | $49.98B | $40.41B | $48.13B | $52.75B | $35.38B | $32.59B |
| EBITDA | $114.34B | $108.83B | $105.43B | $99.54B | $93.00B | $81.21B | $77.88B | $74.55B | $61.16B | $71.98B |
| EBITDA Ratio | 52.73% | 51.59% | 51.37% | 53.94% | 54.99% | 50.77% | 44.66% | 49.00% | 46.88% | 48.42% |
| Operating Income | $- | $101.16B | $6.71B | $49.26B | $49.56B | $45.49B | $21.84B | $18.18B | $35.74B | $41.52B |
| Operating Income Ratio | 0.00% | 47.95% | 3.27% | 25.49% | 27.38% | 26.89% | 13.26% | 11.37% | 21.63% | 24.27% |
| Total Other Income Expenses Net | $42.69B | $-64.68B | $-85.37B | $-59.10B | $-53.27B | $-12.90B | $-42.02B | $-52.52B | $-13.67B | $-14.89B |
| Income Before Tax | $42.69B | $36.48B | $13.51B | $34.15B | $33.02B | $32.34B | $22.82B | $14.57B | $22.07B | $26.64B |
| Income Before Tax Ratio | 19.69% | 17.29% | 6.58% | 17.67% | 18.24% | 19.11% | 13.85% | 9.11% | 13.36% | 15.57% |
| Income Tax Expense | $10.14B | $9.61B | $2.77B | $7.48B | $8.44B | $9.55B | $3.84B | $1.10B | $1.91B | $4.56B |
| Net Income | $32.31B | $26.61B | $10.48B | $26.37B | $24.28B | $22.52B | $18.92B | $13.37B | $20.01B | $22.07B |
| Net Income Ratio | 14.90% | 12.62% | 5.11% | 13.64% | 13.42% | 13.31% | 11.48% | 8.36% | 12.11% | 12.90% |
| EPS | $149.02 | $123.01 | $48.26 | $121.76 | $112.12 | $103.96 | $87.55 | $61.61 | $92.33 | $101.85 |
| EPS Diluted | $149.30 | $123.10 | $48.26 | $121.76 | $112.12 | $103.96 | $87.55 | $61.61 | $92.33 | $101.85 |
| Weighted Average Shares Outstanding | 216.40M | 216.20M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M |
| Weighted Average Shares Outstanding Diluted | 216.00M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M | 216.06M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $10.01B | $16.18B | $25.21B | $23.91B | $40.24B | $24.37B | $51.65B | $32.91B | $38.72B | $46.45B |
| Short Term Investments | $992.00M | $911.00M | $589.00M | $9.51B | $8.33B | $11.31B | $9.78B | $1.17B | $3.06B | $1.48B |
| Cash and Short Term Investments | $11.00B | $17.09B | $25.80B | $33.42B | $48.57B | $35.68B | $61.43B | $34.08B | $41.79B | $47.94B |
| Net Receivables | $33.01B | $27.47B | $27.83B | $23.48B | $23.85B | $24.43B | $27.32B | $33.76B | $24.44B | $24.90B |
| Inventory | $3.31B | $3.34B | $3.57B | $3.66B | $4.08B | $3.41B | $2.88B | $3.93B | $3.74B | $4.61B |
| Other Current Assets | $16.51B | $22.22B | $24.14B | $13.35B | $10.91B | $12.03B | $9.02B | $17.90B | $16.00B | $13.99B |
| Total Current Assets | $63.83B | $70.12B | $81.33B | $73.93B | $87.44B | $75.58B | $100.66B | $90.70B | $86.13B | $91.44B |
| Property Plant Equipment Net | $357.18B | $319.82B | $321.61B | $322.82B | $279.17B | $248.02B | $195.96B | $186.91B | $203.19B | $195.78B |
| Goodwill | $62.94B | $62.94B | $62.94B | $61.38B | $61.38B | $61.39B | $61.38B | $61.38B | $61.38B | $62.39B |
| Intangible Assets | $1.52B | $1.39B | $1.61B | $1.16B | $3.95B | $6.45B | $7.20B | $8.20B | $8.90B | $9.72B |
| Goodwill and Intangible Assets | $64.46B | $64.33B | $64.55B | $62.53B | $65.33B | $67.83B | $68.58B | $69.58B | $70.28B | $72.12B |
| Long Term Investments | $57.36B | $54.76B | $56.06B | $57.20B | $56.57B | $59.38B | $65.36B | $61.26B | $69.42B | $65.37B |
| Tax Assets | $14.64B | $18.17B | $17.64B | $13.38B | $19.56B | $23.62B | $27.70B | $29.43B | $27.18B | $21.94B |
| Other Non-Current Assets | $65.80B | $82.31B | $82.98B | $96.46B | $67.78B | $50.60B | $24.48B | $21.38B | $18.92B | $8.45B |
| Total Non-Current Assets | $559.45B | $539.40B | $542.83B | $552.40B | $488.41B | $449.46B | $382.09B | $368.56B | $388.99B | $363.65B |
| Other Assets | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Assets | $623.27B | $609.52B | $624.16B | $626.33B | $575.85B | $525.04B | $482.75B | $459.26B | $475.12B | $455.10B |
| Account Payables | $61.10B | $74.69B | $82.36B | $87.64B | $77.65B | $69.44B | $70.91B | $56.28B | $49.24B | $49.50B |
| Short Term Debt | $30.68B | $17.57B | $42.77B | $16.04B | $21.61B | $22.94B | $20.44B | $14.96B | $33.27B | $16.91B |
| Tax Payables | $11.24B | $4.63B | $982.00M | $13.79B | $14.63B | $14.02B | $13.89B | $13.83B | $12.80B | $12.82B |
| Deferred Revenue | $10.44B | $- | $9.50B | $10.06B | $8.60B | $7.88B | $6.71B | $8.04B | $6.99B | $7.46B |
| Other Current Liabilities | $75.00B | $99.79B | $120.89B | $96.74B | $91.05B | $90.18B | $80.71B | $74.99B | $79.71B | $71.98B |
| Total Current Liabilities | $188.46B | $196.67B | $247.00B | $224.27B | $213.54B | $204.45B | $192.67B | $168.09B | $182.01B | $158.67B |
| Long Term Debt | $304.95B | $284.78B | $249.25B | $258.21B | $221.18B | $185.94B | $155.84B | $157.65B | $151.76B | $144.06B |
| Deferred Revenue Non-Current | $7.67B | $- | $2.31B | $5.83B | $3.35B | $2.81B | $2.67B | $2.77B | $2.70B | $2.67B |
| Deferred Tax Liabilities Non-Current | $60.00M | $- | $204.00M | $169.00M | $726.00M | $2.58B | $2.98B | $3.37B | $3.57B | $3.70B |
| Other Non-Current Liabilities | $5.40B | $17.68B | $13.95B | $16.38B | $21.46B | $18.35B | $17.58B | $22.52B | $32.81B | $38.47B |
| Total Non-Current Liabilities | $318.08B | $302.46B | $263.20B | $274.59B | $242.64B | $204.29B | $173.42B | $180.17B | $184.57B | $182.53B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $506.54B | $499.13B | $510.20B | $498.86B | $456.18B | $408.74B | $366.08B | $348.26B | $366.58B | $341.20B |
| Preferred Stock | $510.00M | $510.00M | $510.00M | $510.00M | $510.00M | $510.00M | $510.00M | $510.00M | $510.00M | $510.00M |
| Common Stock | $1.09B | $1.09B | $1.09B | $1.09B | $1.09B | $1.09B | $1.09B | $1.09B | $1.09B | $1.09B |
| Retained Earnings | $33.90B | $22.02B | $18.80B | $34.24B | $25.65B | $18.06B | $12.08B | $634.00M | $3.48B | $6.20B |
| Accumulated Other Comprehensive Income Loss | $-43.89B | $-42.21B | $-35.48B | $-36.44B | $-35.63B | $-31.09B | $-24.54B | $-18.51B | $-20.89B | $-18.20B |
| Other Total Stockholders Equity | $123.81B | $123.81B | $123.81B | $123.81B | $123.79B | $123.41B | $123.17B | $122.93B | $123.98B | $124.01B |
| Total Stockholders Equity | $115.42B | $105.22B | $108.73B | $123.22B | $115.41B | $112.00B | $112.36B | $110.83B | $108.17B | $113.61B |
| Total Equity | $116.73B | $110.39B | $113.96B | $127.47B | $119.67B | $116.30B | $116.67B | $111.00B | $108.54B | $113.90B |
| Total Liabilities and Stockholders Equity | $623.27B | $609.52B | $624.16B | $626.33B | $575.85B | $525.04B | $482.75B | $459.26B | $475.12B | $455.10B |
| Minority Interest | $1.32B | $5.17B | $5.23B | $4.25B | $4.26B | $4.30B | $4.31B | $176.00M | $362.00M | $290.00M |
| Total Liabilities and Total Equity | $623.27B | $609.52B | $624.16B | $626.33B | $575.85B | $525.04B | $482.75B | $459.26B | $475.12B | $455.10B |
| Total Investments | $58.35B | $55.67B | $56.65B | $66.71B | $64.90B | $70.69B | $75.14B | $62.62B | $72.48B | $66.85B |
| Total Debt | $335.62B | $302.34B | $292.01B | $274.24B | $242.79B | $208.87B | $176.28B | $172.61B | $185.03B | $160.89B |
| Net Debt | $325.61B | $286.17B | $266.80B | $250.34B | $202.55B | $184.50B | $124.62B | $139.71B | $146.31B | $114.44B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $42.69B | $26.66B | $13.51B | $34.15B | $33.02B | $32.34B | $22.82B | $14.57B | $22.07B | $26.64B |
| Depreciation and Amortization | $56.23B | $58.68B | $98.94B | $54.99B | $49.98B | $40.41B | $48.13B | $52.34B | $35.38B | $32.59B |
| Deferred Income Tax | $- | $-839.00M | $-1.27B | $-1.19B | $-1.13B | $-638.00M | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $1.27B | $1.19B | $1.13B | $638.00M | $208.00M | $827.00M | $- | $- |
| Change in Working Capital | $-30.08B | $-18.93B | $-20.98B | $-12.78B | $2.38B | $-12.98B | $-9.16B | $-12.34B | $-17.47B | $2.11B |
| Accounts Receivables | $-9.28B | $1.05B | $-8.37B | $-3.71B | $1.20B | $-1.56B | $-12.06B | $-10.67B | $-7.06B | $-1.86B |
| Inventory | $31.00M | $597.00M | $850.00M | $57.00M | $-1.02B | $12.00M | $26.00M | $-542.00M | $-917.00M | $-1.12B |
| Accounts Payables | $-27.77B | $-21.29B | $-18.31B | $29.38B | $7.92B | $18.77B | $7.82B | $7.14B | $1.36B | $11.24B |
| Other Working Capital | $6.93B | $700.00M | $4.84B | $-38.50B | $-5.72B | $-30.20B | $-4.94B | $-8.27B | $-10.85B | $-6.15B |
| Other Non Cash Items | $12.89B | $20.20B | $-15.27B | $15.45B | $2.14B | $13.62B | $-673.00M | $4.08B | $8.99B | $8.40B |
| Net Cash Provided by Operating Activities | $81.73B | $85.77B | $76.20B | $91.81B | $87.52B | $73.39B | $61.12B | $58.64B | $48.98B | $69.74B |
| Investments in Property Plant and Equipment | $-65.67B | $-76.27B | $-95.55B | $-102.39B | $-76.50B | $-88.02B | $-47.27B | $-39.27B | $-42.42B | $-43.12B |
| Acquisitions Net | $-3.77B | $- | $-1.06B | $-1.40B | $-579.00M | $-100.00M | $-2.88B | $8.98B | $-4.55B | $-1.43B |
| Purchases of Investments | $-203.00M | $-449.00M | $-6.55B | $-4.18B | $-6.34B | $-572.00M | $-5.99B | $-18.50B | $-6.25B | $-3.12B |
| Sales Maturities of Investments | $847.00M | $458.00M | $8.88B | $3.97B | $6.57B | $2.47B | $19.51B | $21.71B | $4.67B | $1.76B |
| Other Investing Activities | $3.09B | $21.14B | $61.27B | $519.00M | $2.51B | $2.05B | $11.57B | $3.49B | $6.57B | $6.67B |
| Net Cash Used for Investing Activities | $-65.70B | $-55.12B | $-33.01B | $-103.48B | $-74.35B | $-84.17B | $-25.05B | $-23.58B | $-41.98B | $-39.24B |
| Debt Repayment | $8.66B | $-5.32B | $-25.68B | $22.39B | $27.12B | $11.61B | $1.76B | $-20.68B | $14.88B | $27.59B |
| Common Stock Issued | $- | $- | $- | $- | $- | $4.00M | $- | $- | $5.00M | $- |
| Common Stock Repurchased | $- | $- | $- | $- | $- | $-4.00M | $- | $- | $- | $-1.00M |
| Dividends Paid | $-20.75B | $-23.33B | $-25.23B | $-17.71B | $-16.72B | $-15.59B | $-13.93B | $-16.62B | $-22.99B | $-32.53B |
| Other Financing Activities | $-10.24B | $-10.77B | $16.45B | $-9.58B | $-9.94B | $-7.62B | $-5.98B | $-3.02B | $-7.23B | $-6.44B |
| Net Cash Used Provided by Financing Activities | $-22.33B | $-39.42B | $-42.30B | $-4.90B | $3.70B | $-15.76B | $-18.14B | $-40.32B | $-15.34B | $-11.38B |
| Effect of Forex Changes on Cash | $138.00M | $-263.00M | $414.00M | $244.00M | $-1.00B | $-748.00M | $831.00M | $-552.00M | $614.00M | $675.00M |
| Net Change in Cash | $-6.17B | $-9.03B | $1.30B | $-16.33B | $15.87B | $-27.29B | $18.75B | $-5.82B | $-7.73B | $19.80B |
| Cash at End of Period | $10.01B | $16.18B | $25.21B | $23.91B | $40.24B | $24.37B | $51.65B | $32.91B | $38.72B | $46.45B |
| Cash at Beginning of Period | $16.18B | $25.21B | $23.91B | $40.24B | $24.37B | $51.65B | $32.91B | $38.72B | $46.45B | $26.66B |
| Operating Cash Flow | $81.73B | $85.77B | $76.20B | $91.81B | $87.52B | $73.39B | $61.12B | $58.64B | $48.98B | $69.74B |
| Capital Expenditure | $-68.29B | $-78.44B | $-95.55B | $-102.39B | $-76.50B | $-88.02B | $-47.27B | $-39.27B | $-42.42B | $-43.12B |
| Free Cash Flow | $13.45B | $7.33B | $-19.35B | $-10.58B | $11.01B | $-14.63B | $13.85B | $19.37B | $6.56B | $26.62B |