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Manila Electric (Meralco) PHP

Update

Re-runs extraction for each period with period-end year from max(2023, current year − 2) through the current year, oldest first (up to three reporting years). This can take a long time.

Sector: Utilities

PH_MER

Price chart

569 PHPDay 0.89%
569567.75566.5565.25564Two-point segment from the displayed day change; full history unavailable.min 564 · max 569

Key metrics

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.

Market

Price
569 PHP · 0.89%
Market cap
641.3 bn PHP

Growth

Δ revenue y/y
5.5%
Δ EBITDA y/y
-33.3%

Multiples

P/E (LTM)
12.6x
P/B (FY)
2.9x
P/E (ann.)
14.4x
EV/EBITDA (LTM)
8.3x
EV/EBITDA (ann.)
15.6x

Cash return

Dividend yield
5.0%
FCF yield (LTM)
-13.2%

Liquidity

Daily turnover

Shares: connector/market_inputs

Amounts: USD (converted) · As reported
Converted modes use NBK / ECB-linked rates: balance sheet date for BS items, period average for P&L and cash flow (see filing row evidence). As reported keeps each row in its filing currency.

🔍 Sanity check — subtotal consistency (Level-1 + Level-2) OK: 3 / Warn: 0 / Err: 5 / Autofix applied: 0
Port of PHP subtotal-total + sign-flip detection logic
PeriodIssues
2024-06-30 H1OK
2024-09-30 9MErrors 1Warn 1
2024-12-31 FYOK
2025-03-31 Q1Errors 1Warn 1
2025-06-30 H1Errors 1Warn 1
2025-09-30 9MErrors 5Warn 1
2025-12-31 FYErrors 1
2026-03-31 Q1OK
All checks pass · Has warnings (review) · Has errors (needs fix) · ✓* Autofix applied (see evidence)

Financial dynamics

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.

DatePeriodStatusRevenueB PHPOperating profitB PHPD&AB PHPEBITDAB PHPNet profitB PHPOperating CFB PHPCapex + M&AB PHPAssetsB PHPEquityB PHPROE (annualized)Net debtB PHPSource
2026-03-31Q1 2026 (3M)OK120.8
y/y 5.5%
10.3
y/y -10.2%
y/y
10.3
y/y -33.3%
11.2
y/y 2.0%
829.8
y/y 12.6%
216.9
y/y 14.3%
20.3%Link
2025-12-31FY 2025 (12M)OK125.6
y/y 9.2%
9.0
y/y 4.3%
y/y
9.0
y/y 288.8%
12.8
y/y 7.9%
823.9
y/y 33.3%
223.5
y/y 20.3%
22.8%Link
2025-09-30Q3 2025 (3M)OK126.5
y/y 4.6%
14.0
y/y 8.4%
-8.5
y/y -99.9%
39.5
y/y -20.6%
13.6
y/y 9.9%
24.7-5.5791.7
y/y 34.5%
222.3
y/y 27.3%
24.1%0.1Link
2025-06-30Q2 2025 (3M)OK130.7
y/y 3.3%
14.1
y/y 2.2%
4.6
y/y
18.7
y/y 36.4%
13.5
y/y 5.8%
11.3-21.0753.9
y/y 19.4%
199.9
y/y 10.1%
25.1%113.1Link
2025-03-31Q1 2025 (3M)OK114.5
y/y
11.5
y/y
4.0
y/y
15.4
y/y
10.9
y/y
9.7-94.1737.3
y/y
189.8
y/y
23.3%84.9Link
2024-12-31FY 2024 (12M)OK114.9
y/y
8.6
y/y
y/y
-4.7
y/y
11.8
y/y
618.0
y/y
185.9
y/y
25.8%Link
2024-09-30Q3 2024 (3M)OK117.9
y/y
11.4
y/y
y/y
24.8
y/y
11.5
y/y
588.5
y/y
174.7
y/y
25.9%23.5Link
2024-06-30Q2 2024 (3M)OK237.5
y/y
25.0
y/y
y/y
25.0
y/y
23.1
y/y
631.4
y/y
181.6
y/y
Link
Data quality — review suggested

Revenue & EBITDA

RevenueEBITDA

Quarterly values ($ mln)

-50 000050 000100 000150 000200 000250 0002024 H12024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Year-over-year change

-100%0%100%200%300%2024 H12024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Cash flow

Net debt / cash ($ mln)

025 00050 00075 000100 000125 0002024 q22024 q32024 q42025 q12025 q22025 q32025 q42026 q1

Dividends

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)