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PLDT, Inc.

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 focuses on driving data services while managing business of voice and SMS. The Fixed Line segment offers fixed line telecommunications services throughout the Philippines, servicing retail, corporate, and SME clients. The Other segments consists interests in digital platforms and other technologies, including interests in VIH and Multisys. The company was founded on November 28, 1928 and is headquartered in Makati City, Philippines.

Financial Highlights

Dec 2021 PHPUSD
Gross Profit121,227M2,459.23M
Operating income40,909M829.88M
Income before tax35,255M715.18M
Net income26,367M534.88M
Diluted EPS121.762.47
Dividends Per Share841.70
Total Assets626,328M12,282.74M
Total liabilities498,863M9,783.06M
Total equity123,216M2,416.35M
Operating cash flow81,944M1,662.33M
Currency in PHPCurrency in USD

Historical Data

 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 159,926M 162,914M 169,187M 181,004M 193,257M
Gross Profit 85,924M 94,862M 111,706M 116,587M 121,227M
Operating income 13,424M 15,895M 39,401M 36,182M 40,909M
Income before tax 14,569M 22,815M 32,336M 35,349M 35,255M
Net income 13,371M 18,916M 22,521M 24,284M 26,367M
EBITDA 66,174M 64,027M 79,815M 86,158M 95,900M
Diluted EPS 61.61 87.27 103.96 112.12 121.76
Dividends Per Share 76 72 75 78 84
Total Assets 460,826M 485,088M 527,274M 575,846M 626,328M
Total liabilities 349,643M 368,422M 410,984M 456,181M 498,863M
Total equity 106,842M 112,358M 111,987M 115,408M 123,216M
Operating cash flow 50,272M 54,093M 62,517M 76,553M 81,944M
 Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021
Revenue 3,172.21M 3,092.35M 3,267.39M 3,649.23M 3,920.44M
Gross Profit 1,704.34M 1,800.62M 2,157.30M 2,350.52M 2,459.23M
Operating income 266.27M 301.71M 760.92M 729.46M 829.88M
Income before tax 288.98M 433.06M 624.48M 712.67M 715.18M
Net income 265.22M 359.05M 434.93M 489.59M 534.88M
EBITDA 1,312.59M 1,215.32M 1,541.41M 1,737.03M 1,945.44M
Diluted EPS 1.22 1.65 2.00 2.26 2.47
Dividends Per Share 1.50 1.36 1.44 1.57 1.70
Total Assets 9,231.29M 9,224.83M 10,411.17M 11,990.92M 12,282.74M
Total liabilities 7,004.06M 7,006.21M 8,114.99M 9,499.12M 9,783.06M
Total equity 2,140.26M 2,136.69M 2,211.21M 2,403.15M 2,416.35M
Operating cash flow 997.17M 1,026.76M 1,207.34M 1,543.39M 1,662.33M

Valuation Measures

Dec 2021
Operating margin21.16%
Profit margin13.64%

Key executives

  • President, CEO, Director & Chief Revenue Officer: Alfredo S. Panlilio
  • Chief Financial & Risk Management Officer, SVP: Anabelle Lim-Chua
  • Senior VP & Head-Home Consumer Business: Menardo G. Jimenez
  • Senior VP & Head-Smart Consumer Sales Group: Alejandro O. Caeg
  • Secretary, Chief Legal Counsel & Senior VP: Marilyn A. Victorio-Aquino


  • Nippon Telegraph & Telephone Corp. (20.3%)
  • Philippine Telecommunications Investment Corp. (12.0%)
  • JG Summit Holdings, Inc. (11.2%)
  • First Pacific Co. Ltd. (9.9%)
  • Social Security System (4.4%)
  • The Vanguard Group, Inc. (1.3%)
  • BlackRock Fund Advisors (0.8%)
  • BDO Unibank, Inc. (Investment Management) (0.4%)
  • GO JAMES L (0.4%)

Contact Details

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

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Last Updated on 23 Sep, 2022

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