Sector: Utilities
PH_MER
Net debt (table and EV/EBITDA): |short-term borrowings| + |long-term borrowings| + |other financial liabilities| when extracted + |non-controlling interest| when extracted − |cash and equivalents|; amounts in millions of the reporting currency.
Shares: connector/market_inputs
Monetary columns are in B PHP, one decimal; scale (K/M/B/T) keeps values readable. For the period (default) shows P&L and cash flow for that row’s reporting window: quarterly amounts when the feed uses quarter-duration facts (typical US 10-Q revenue and income), quarterly cash flows after stripping YTD where only cumulative tags exist, and an implied Q4 on 31 Dec FY rows (P&L: FY minus Q1–Q3; operating / investing cash flow: FY 12m minus 9M YTD to 30 Sep when sourced from SEC builder evidence) so they match 10-Q scale. Some issuers still use cumulative YTD minus the prior row in the same calendar year. As reported shows values stored on each row (e.g. full-year on FY). Balance sheet is always as reported. Source JSON may use millions etc.; conversion uses amounts_unit per row.
| Date | Period | Status | RevenueB PHP | Operating profitB PHP | D&AB PHP | EBITDAB PHP | Net profitB PHP | Operating CFB PHP | Capex + M&AB PHP | AssetsB PHP | EquityB PHP | ROE (annualized) | Net debtB PHP | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-03-31 | Q1 2026 (3M) | PARTIAL | 120.8 y/y 5.5% | 10.3 y/y -10.2% | 4.3 y/y 7.2% | 14.5 y/y -5.7% | 11.2 y/y 2.0% | 3.5 | -19.4 | 829.8 y/y 12.6% | 216.9 y/y 14.3% | 20.3% | 125.2 | Link |
| 2025-12-31 | Q4 2025 (3M) | PARTIAL | 0.1 y/y 9.2% | 0.0 y/y 4.3% | — y/y 45.2% | 0.0 y/y 4.3% | 0.0 y/y 18.2% | 0.0 | -27.5 | 823.9 y/y 33.3% | 223.5 y/y 20.3% | 22.8% | 125.2 | Link |
| 2025-09-30 | Q3 2025 (3M) | OK | 0.1 y/y 7.3% | 0.0 y/y 22.1% | — y/y — | 0.0 y/y 22.1% | 0.0 y/y 16.6% | 3.6 | -31.6 | 791.7 y/y 34.5% | 222.3 y/y 27.3% | 0.0% | 125.2 | Link |
| 2025-06-30 | Q2 2025 (3M) | OK | 0.1 y/y -1.7% | 0.0 y/y -15.3% | — y/y — | 0.0 y/y -15.3% | 0.0 y/y 2.7% | 0.0 | -22.2 | 753.9 y/y 19.4% | 199.9 y/y 10.1% | 0.0% | 113.1 | Link |
| 2025-03-31 | Q1 2025 (3M) | OK | 114.5 y/y — | 11.5 y/y — | 4.0 y/y — | 15.4 y/y — | 10.9 y/y — | 9.7 | -25.2 | 737.3 y/y 21.6% | 189.8 y/y 15.3% | 23.3% | 84.9 | Link |
| 2024-12-31 | Q4 2024 (3M) | PARTIAL | 0.1 y/y — | 0.0 y/y — | — y/y — | 0.0 y/y — | 0.0 y/y — | 0.0 | -18.3 | 618.0 y/y — | 185.9 y/y — | 25.8% | — | Link |
| 2024-09-30 | Q3 2024 (3M) | OK | 0.1 y/y 6.8% | 0.0 y/y -7.7% | — y/y — | 0.0 y/y -7.7% | 0.0 y/y 7.3% | 0.4 | -10.8 | 588.5 y/y 11.6% | 174.7 y/y 31.8% | 0.0% | 23.5 | Link |
| 2024-06-30 | Q2 2024 (3M) | OK | 0.1 y/y 11.5% | 0.0 y/y 32.3% | — y/y — | 0.0 y/y 32.3% | 0.0 y/y 31.3% | 4.3 | -0.7 | 631.4 y/y 23.0% | 181.6 y/y 38.5% | 0.0% | 2.5 | Link |
| 2024-03-31 | Q1 2024 (3M) | OK | 0.1 y/y — | 0.0 y/y — | — y/y — | 0.0 y/y — | 0.0 y/y — | 0.0 | -9.3 | 606.2 y/y — | 164.5 y/y — | 0.0% | — | Link |
| 2023-12-31 | Q4 2023 (3M) | OK | 0.1 y/y — | 0.0 y/y — | — y/y — | 0.0 y/y — | 0.0 y/y — | 0.0 | -3.1 | 588.4 y/y — | 168.1 y/y — | 0.0% | — | Link |
| 2023-09-30 | Q3 2023 (3M) | OK | 0.1 y/y — | 0.0 y/y — | — y/y — | 0.0 y/y — | 0.0 y/y — | 0.0 | 4.9 | 527.5 y/y — | 132.5 y/y — | 0.0% | — | Link |
| 2023-06-30 | Q2 2023 (3M) | OK | 0.1 y/y — | 0.0 y/y — | — y/y — | 0.0 y/y — | 0.0 y/y — | 0.0 | -8.9 | 513.5 y/y — | 131.1 y/y — | — | — | Link |
Quarterly values (₱ mln)
Year-over-year change
FCF (₱ mln)
Net debt / cash (₱ mln)
No dividend rows found for this issuer (checked: Yahoo Finance (ex-div)).
Investor reporting (IR): https://company.meralco.com.ph/investor-relations/disclosures
Reporting forms detected in loaded periods: ✓ ✓ ✓ (Balance sheet / Profit or loss (P&L) / Cash flows)
Financial results, valuation multiples (P/E, P/B, EV/EBITDA), profitability and dividend yield of Manila Electric (Meralco) — from primary filings.
Manila Electric Company (Meralco) is the largest electric power distribution utility in the Philippines, primarily serving the Manila metropolitan area and surrounding provinces. It purchases electricity from power generation companies and delivers it to residential, commercial, and industrial customers through its distribution network.