Philippine Q1 2026: Ports & Logistics Lead, Conglomerates Lag
This season’s revenue growth is led by Ports & Logistics (median +28.9%), followed by Banks (+11.0%) and Restaurants (+9.1%). At the bottom, Conglomerates (+1.4%) and Real Estate (+1.9%) trail, while Telecommunications (+3.4%) and Utilities (+5.5%) sit in the middle.
Revenue growth by industry (median YoY)
Top Growth Players
ICT (Ports & Logistics) posted the strongest revenue growth at +28.9%, with EBITDA up +26.2% and net profit +20.6%. AEV (Conglomerate) also shined: revenue rose +26.4%, EBITDA +33.7%, and net profit surged +83.4%. Among banks, SECB led revenue growth at +27.6%, though net profit slipped -4.1%.
Decelerators and Accelerators
JFC (Restaurants) saw a sharp deceleration: revenue growth slowed from +10.3% in the prior period to +9.1% this quarter, while net profit swung from a +20.1% gain to a -43.6% drop. No companies in the data set showed acceleration from prior period figures.
Dividend and Long-Term Growth
Dividend yield data is not available in this release, so no yield leaders can be identified. For long-term growth, no company reported a 3-year revenue CAGR, leaving the picture incomplete.
Players: growth & yield (no absolute levels)
| Company | Industry | Revenue YoY | EBITDA YoY | Net profit YoY |
|---|---|---|---|---|
| SM (Q1) | Conglomerate | +4.9% | — | +5.7% |
| MER (Q1) | Utilities | +5.5% | — | +2.0% |
| JGS (Q1) | Conglomerate | +1.8% | — | +16.3% |
| AEV (Q1) | Conglomerate | +26.4% | +33.7% | +83.4% |
| AC (Q1) | Conglomerate | +0.9% | -1.3% | -4.2% |
| JFC (Q1) | Restaurants | +9.1% | -6.0% | -43.6% |
| TEL (Q1) | Telecommunications | +2.2% | — | -1.6% |
| BDO (Q1) | Banks | +11.0% | +5.4% | +2.1% |
| GLO (Q1) | Telecommunications | +4.5% | +6.1% | -20.4% |
| MBT (Q1) | Banks | +6.4% | +3.4% | +2.4% |
| AGI (Q1) | Conglomerate | -18.8% | — | -28.7% |
| BPI (Q1) | Banks | +13.7% | +3.1% | +1.8% |
| ALI (Q1) | Real Estate | -13.9% | -15.8% | -20.2% |
| SMPH (Q1) | Real Estate | +0.9% | — | +0.0% |