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Company Background

PLDT is the county's dominant telecommunications carrier. The company commands around 70% of the fixed line segment and about two-thirds of the wireless cellular market via the Smart Communications, Talk 'N Text and Sun Cellular brands.PLDT also has a minority interest in business process outsourcing company SPI Global. Its business thrust in recent years has been aimed at becoming a multimedia company from a traditional telecommunications services provider. It has moved to increase its media assets in line with this goal.Through its trust fund, PLDT now controls two broadsheet newspapers, the Philippine Star and BusinessWorld, and has a minority stake in the Philippine Daily Inquirer. It also owns TV5, the nation's third-largest broadcaster. In August, the company made a 10% investment in Rocket Internet, a German startup engaged in e-commerce.PLDT is majority owned by First Pacific, a Hong Kong-listed company controlled by Indonesia's Salim Group. It is also backed by Japan's NTT group, which has an around 22% stake in the company. With 576-billion-peso ($12.8 billion) market capitalization at the end of 2013, PLDT is one of the Philippines' most valuable companies.

Business Summary

PLDT, Inc. engages in the provision of telecommunication services. It operates through the following segments: Wireless, Fixed Line, and Others. The Wireless segment consists of cellular through text messaging and wireless broadband. The Fixed Line segment offers fixed line telecommunications services throughout the country, servicing retail, corporate and small medium enterprise, or SME clients. The Other segments includes process solutions though subsidiaries. The company was founded on November 28, 1928 and is headquartered in Makati City, Philippines.

Financial Highlights

Dec 2019 PHPUSD
Gross Profit112,464M2,171.94M
Operating income44,234M854.26M
Income before tax32,336M624.48M
Net income22,521M434.93M
Diluted EPS103.972.00
Dividends Per Share751.44
Total Assets525,036M10,366.98M
Total liabilities408,737M8,070.62M
Total equity111,996M2,211.39M
Operating cash flow----
Currency in PHPCurrency in USD

Historical Data

 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 171,103M 165,262M 159,926M 164,752M 169,187M
Gross Profit 89,971M 102,976M 85,924M 94,862M 112,464M
Operating income 38,939M 27,021M 13,424M 15,895M 44,234M
Income before tax 23,397M 20,890M 14,569M 22,815M 32,336M
Net income 22,065M 20,006M 13,371M 18,916M 22,521M
EBITDA 71,534M 62,405M 66,174M 64,027M 83,890M
Diluted EPS 101.85 92.32 61.61 87.50 103.97
Dividends Per Share 122 77 76 72 75
Total Assets 457,208M 475,119M 460,826M 485,088M 525,036M
Total liabilities 343,310M 366,582M 349,643M 368,422M 408,737M
Total equity 113,608M 108,175M 106,842M 112,358M 111,996M
Operating cash flow 70,450M 47,254M 50,272M 54,093M --
 Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019
Revenue 3,757.78M 3,480.11M 3,172.21M 3,127.24M 3,267.39M
Gross Profit 1,975.95M 2,168.48M 1,704.34M 1,800.62M 2,171.94M
Operating income 855.18M 569.01M 266.27M 301.71M 854.26M
Income before tax 513.84M 439.90M 288.98M 433.06M 624.48M
Net income 484.59M 421.28M 265.22M 359.05M 434.93M
EBITDA 1,571.03M 1,314.13M 1,312.59M 1,215.32M 1,620.11M
Diluted EPS 2.23 1.94 1.22 1.66 2.00
Dividends Per Share 2.67 1.62 1.50 1.36 1.44
Total Assets 9,716.45M 9,557.33M 9,231.29M 9,224.83M 10,366.98M
Total liabilities 7,295.93M 7,374.04M 7,004.06M 7,006.21M 8,070.62M
Total equity 2,414.36M 2,176.01M 2,140.26M 2,136.69M 2,211.39M
Operating cash flow 1,547.23M 995.08M 997.17M 1,026.76M --

Valuation Measures

Dec 2019
Operating margin26.14%
Profit margin13.31%

Key executives

  • Chairman, President & Chief Executive Officer: Manuel Velez Pangilinan
  • Chief Financial & Risk Management Officer: Anabelle Lim-Chua
  • Chief Revenue Officer & Executive Vice President: Alfredo S. Panlilio
  • Senior Vice President & Head-Human Resources: Menardo G. Jimenez
  • Vice President: Ricardo Carpio Rodriguez


  • NTT DoCoMo, Inc. (14.5%)
  • Philippine Telecommunications Investment Corp. (12.0%)
  • First Pacific Co. Ltd. (9.9%)
  • JG Summit Holdings, Inc. (7.9%)
  • Nippon Telegraph & Telephone Corp. (5.8%)
  • Social Security System (4.4%)
  • Semilion Enterprises, Inc. (3.5%)
  • The Vanguard Group, Inc. (1.8%)
  • BlackRock Fund Advisors (0.9%)

Contact Details

  • Website:
  • Address: Ramon Cojuangco Building, Makati Avenue cor. Ayala Avenue, Makati City, 1200, Philippines
  • Phone: +63.2.816.8024

Related Companies

  • iCommerce Investments Pte Ltd.
  • FINTQnologies Corp.
  • Voyager Innovations Holdings Pte Ltd.
  • PLDT Global Investments Holdings Inc
  • PLDT Online Investments Pte Ltd.
  • Maranao Telephone Co., Inc.
  • PLDT Subic Telecom, Inc.
  • Smart-NTT Multimedia, Inc.
  • PLDT Retirement Fund
  • Wolfpac Mobile, Inc.
  • Bonifacio Communications Corp.
  • Smart Money, Inc.
  • Smart Money Holdings Corp.
  • PLDT Maratel, Inc.
  • PLDT Clark Telecom, Inc.
  • Vocativ Systems, Inc.
  • Parlance Systems, Inc.
  • ACeS Philippines Cellular Satellite Corp.
  • PLDT Global Corp.
  • netGames, Inc.
  • Beneficial Trust Fund
  • PLDT Beneficial Trust Fund
  • PLDT-Philcom, Inc.
  • GV Broadcasting System, Inc.
  • ABM Global Solutions, Inc.
  • Piltel International Holdings
  • Piltel (Cayman) Ltd.
  • ePLDT, Inc.
  • Smart Communications, Inc.
  • Subic Telecommunications Co.


  • Globe Telecom Inc.
  • Rakuten, Inc.
  • China Telecom Corp. Ltd. Class H
  • Microsoft Corporation
  • Alphabet Inc. Class A
  • Twitter, Inc.
  • LINE Corp.
  • Facebook, Inc. Class A
  • Singapore Telecommunications Limited
  • Xurpas Inc
  • ABS-CBN Corporation
  • GMA Network, Inc.
Last Updated on 7 Apr, 2020

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