List of largest companies in the Philippines

This article lists the largest companies in the Philippines in terms of their revenue, net profit and total assets, according to the American business magazines Fortune and Forbes.

2024 Fortune list

This list displays the top 25 Philippine companies in the Fortune Southeast Asia 500, which ranks the largest companies in Southeast Asia by annual revenue. The figures below are given in millions of US dollars and are for the fiscal year 2023.[1] Also listed are the headquarters location, net profit, number of employees worldwide and industry sector of each company.

Rank Name Industry Revenue
(USD millions) 		Profits
(USD millions) 		Employees Headquarters
1 San Miguel Corporation Conglomerate 26,024 4 53,184 Mandaluyong
2 SM Investments Conglomerate 10,277 1,385 72,770 Pasay
3 Manila Electric Utilities 7,980 684 14,494 Pasig
4 JG Summit Holdings Conglomerate 5,932 361 25,979 Pasig
5 Banco de Oro Banking 5,832 1,321 41,647 Mandaluyong
6 Aboitiz Equity Ventures Conglomerate 5,588 424 13,802 Taguig
7 Ayala Corporation Conglomerate 5,215 685 33,889 Makati
8 GT Capital Conglomerate 5,105 517 39,000 Makati
9 Jollibee Foods Corporation Restaurants 4,391 158 26,263 Pasig
10 Cosco Capital Conglomerate 3,858 133 12,982 Manila
11 PLDT Telecommunications 3,795 479 10,004 Makati
12 Alliance Global Conglomerate 3,683 352 56,915 Manila
13 Robinsons Retail Retail 3,456 74 23,172 Pasig
14 Metropolitan Bank & Trust Banking 3,292 760 18,810 Makati
15 Globe Telecom Telecommunications 3,241 441 7,542 Taguig
16 Bank of the Philippine Islands Banking 3,239 930 19,522 Makati
17 PAL Holdings Airline 3,222 302 5,109 Pasay
18 Lopez Holdings Corporation Conglomerate 2,967 51 11 Mandaluyong
19 International Container Terminal Services Port management 2,480 512 10,297 Manila
20 DMCI Holdings Real estate 2,210 445 17,620 Makati
21 LT Group Conglomerate 2,074 457 14,296 Taguig
22 Unionbank Banking 1,751 163 8,519 Pasig
23 Filinvest Real estate 1,670 161 12,979 Taguig
24 Rizal Commercial Banking Banking 1,487 220 6,184 Makati
25 Monde Nissin Food and beverage 1,442 (12) 1,518 Santa Rosa, Laguna

2024 Forbes list

This list is based on the Forbes Global 2000, which ranks the world's 2,000 largest publicly traded companies. The Forbes list takes into account a multitude of factors, including the revenue, net profit, total assets and market value of each company; each factor is given a weighted rank in terms of importance when considering the overall ranking. The table below also lists the headquarters location and industry sector of each company. The figures are in billions of US dollars and are for the year 2023/24. All six companies from the Philippines are listed.[2]

Rank Forbes
2000 rank 		Name Headquarters Revenue
(billions
US$) 		Profit
(billions
US$) 		Assets
(billions
US$) 		Value
(billions
US$) 		Industry
1 806 SM Investments Mandaluyong 10.3 1.4 28.4 18.6 Conglomerate
2 880 Banco de Oro Mandaluyong 6.1 1.3 81.4 12.7 Banking
3 1,137 Top Frontier Investment Holdings Mandaluyong 26.0 0.0 47.1 0.6 Conglomerate
4 1,345 Metropolitan Bank & Trust Makati 3.4 0.8 56.7 5.5 Banking
5 1,602 Ayala Corporation Makati 5.4 0.7 29.2 6.7 Conglomerate
6 1,946 Manila Electric Pasig 7.9 0.7 10.8 7.3 Utilities

See also

References

  1. ^ "Fortune Southeast Asia 500 – The largest companies in the region by revenue". Fortune. Retrieved 2024-08-21.
  2. ^ "The World's Largest Public Companies". Forbes. Retrieved 2021-05-18.