San Miguel Corporation (PSE:SMC)
Philippines flag Philippines · Delayed Price · Currency is PHP
72.00
+1.30 (1.84%)
At close: Apr 28, 2026

San Miguel Income Statement

Millions PHP. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Revenue
1,485,3451,575,3791,446,7031,506,591941,193
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Revenue Growth (YoY)
-5.71%8.89%-3.98%60.07%29.68%
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Cost of Revenue
1,204,5751,316,7201,212,4891,318,245754,125
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Gross Profit
280,770258,659234,214188,346187,068
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Selling, General & Admin
75,89576,71471,13463,98460,474
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Research & Development
6889804538
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Other Operating Expenses
6,6382,1073,965173,534
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Operating Expenses
96,90191,81587,64675,44274,546
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Operating Income
183,869166,844146,568112,904112,522
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Interest Expense
-94,926-95,358-87,085-57,093-45,521
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Interest & Investment Income
16,89615,03414,0528,4606,265
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Earnings From Equity Investments
11,4822,3641,7291,1971,040
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Currency Exchange Gain (Loss)
-8,709-20,5142,485-21,518-4,846
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Other Non Operating Income (Expenses)
-7,349-6,378-4,537-3,817-3,289
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EBT Excluding Unusual Items
101,26361,99273,21240,13366,171
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Impairment of Goodwill
---188-789-
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Gain (Loss) on Sale of Investments
22,9102,17583733167
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Asset Writedown
-----386
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Pretax Income
124,17364,16773,10740,07765,952
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Income Tax Expense
29,49527,49228,40813,31717,793
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Earnings From Continuing Operations
94,67836,67544,69926,76048,159
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Net Income to Company
94,67836,67544,69926,76048,159
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Minority Interest in Earnings
-53,387-44,086-44,501-39,728-34,234
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Net Income
41,291-7,411198-12,96813,925
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Preferred Dividends & Other Adjustments
8,7479,5186,1926,4508,006
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Net Income to Common
32,544-16,929-5,994-19,4185,919
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Net Income Growth
----368.38%
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Shares Outstanding (Basic)
2,3842,3842,3842,3842,384
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Shares Outstanding (Diluted)
2,3842,3842,3882,3842,384
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Shares Change (YoY)
--0.17%0.17%--
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EPS (Basic)
13.65-7.10-2.51-8.152.48
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EPS (Diluted)
13.65-7.10-2.51-8.152.48
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Free Cash Flow
103,76528,63711,923-88,379-24,283
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Free Cash Flow Per Share
43.5312.014.99-37.07-10.19
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Dividend Per Share
1.4001.4001.4001.4001.400
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Gross Margin
18.90%16.42%16.19%12.50%19.88%
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Operating Margin
12.38%10.59%10.13%7.49%11.96%
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Profit Margin
2.19%-1.07%-0.41%-1.29%0.63%
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Free Cash Flow Margin
6.99%1.82%0.82%-5.87%-2.58%
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EBITDA
243,644215,236204,189157,898150,046
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EBITDA Margin
16.40%13.66%14.11%10.48%15.94%
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D&A For EBITDA
59,77548,39257,62144,99437,524
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EBIT
183,869166,844146,568112,904112,522
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EBIT Margin
12.38%10.59%10.13%7.49%11.96%
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Effective Tax Rate
23.75%42.84%38.86%33.23%26.98%
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Advertising Expenses
8,4307,9347,0155,8855,586
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Source: S&P Capital IQ. Standard template. Financial Sources.