View Future GrowthPAL Holdings 過去の業績過去 基準チェック /56PAL Holdingsは、平均年間11.9%の収益成長を遂げていますが、 Airlines業界の収益は、年間 成長しています。収益は、平均年間47.6% 23.5%収益成長率で 成長しています。 PAL Holdingsの自己資本利益率は19.3%であり、純利益率は5.1%です。主要情報11.92%収益成長率8.30%EPS成長率Airlines 業界の成長0.48%収益成長率23.53%株主資本利益率19.26%ネット・マージン5.06%前回の決算情報31 Mar 2026最近の業績更新Reported Earnings • Apr 07Full year 2025 earnings releasedFull year 2025 results: Revenue: ₱183.8b (up 3.3% from FY 2024). Net income: ₱9.62b (up 37% from FY 2024). Profit margin: 5.2% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ₱0.051 (vs ₱0.042 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.051 (up from ₱0.042 in 3Q 2024). Revenue: ₱42.7b (up 2.8% from 3Q 2024). Net income: ₱1.37b (up 74% from 3Q 2024). Profit margin: 3.2% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: ₱0.12 (vs ₱0.088 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.12 (up from ₱0.088 in 2Q 2024). Revenue: ₱46.4b (up 2.8% from 2Q 2024). Net income: ₱3.33b (up 41% from 2Q 2024). Profit margin: 7.2% (up from 5.2% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱0.31 (vs ₱1.45 in FY 2023)Full year 2024 results: EPS: ₱0.31 (down from ₱1.45 in FY 2023). Revenue: ₱178.0b (flat on FY 2023). Net income: ₱7.02b (down 58% from FY 2023). Profit margin: 3.9% (down from 9.4% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.042 (vs ₱0.37 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.042 (down from ₱0.37 in 3Q 2023). Revenue: ₱41.5b (down 12% from 3Q 2023). Net income: ₱789.8m (down 82% from 3Q 2023). Profit margin: 1.9% (down from 9.1% in 3Q 2023). The decrease in margin was driven by lower revenue.Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ₱0.088 (vs ₱0.54 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.088 (down from ₱0.54 in 2Q 2023). Revenue: ₱45.1b (flat on 2Q 2023). Net income: ₱2.37b (down 62% from 2Q 2023). Profit margin: 5.2% (down from 14% in 2Q 2023).すべての更新を表示Recent updatesNew Risk • Apr 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.New Risk • Apr 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 07Full year 2025 earnings releasedFull year 2025 results: Revenue: ₱183.8b (up 3.3% from FY 2024). Net income: ₱9.62b (up 37% from FY 2024). Profit margin: 5.2% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue.お知らせ • Feb 10PAL Holdings, Inc., Annual General Meeting, Jun 01, 2026PAL Holdings, Inc., Annual General Meeting, Jun 01, 2026.Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ₱0.051 (vs ₱0.042 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.051 (up from ₱0.042 in 3Q 2024). Revenue: ₱42.7b (up 2.8% from 3Q 2024). Net income: ₱1.37b (up 74% from 3Q 2024). Profit margin: 3.2% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.New Risk • Aug 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: ₱0.12 (vs ₱0.088 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.12 (up from ₱0.088 in 2Q 2024). Revenue: ₱46.4b (up 2.8% from 2Q 2024). Net income: ₱3.33b (up 41% from 2Q 2024). Profit margin: 7.2% (up from 5.2% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.お知らせ • May 30PAL Holdings, Inc. Approves Election of Kyle Ellis C. Tan as DirectorPAL Holdings, Inc. announced at annual stockholders meeting of the company held 29 May 2025, the shareholders elected Kyle Ellis C. Tan as director of the company.New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (28% accrual ratio). Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (4.3% net profit margin).New Risk • Mar 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (3.9% net profit margin).Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱0.31 (vs ₱1.45 in FY 2023)Full year 2024 results: EPS: ₱0.31 (down from ₱1.45 in FY 2023). Revenue: ₱178.0b (flat on FY 2023). Net income: ₱7.02b (down 58% from FY 2023). Profit margin: 3.9% (down from 9.4% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.お知らせ • Feb 25PAL Holdings, Inc., Annual General Meeting, May 29, 2025PAL Holdings, Inc., Annual General Meeting, May 29, 2025, at 14:00 W. Australia Standard Time. Location: via zoom application, PhilippinesNew Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin).Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱5.20, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 12x in the Airlines industry in Asia. Negligible returns to shareholders over past year.Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.042 (vs ₱0.37 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.042 (down from ₱0.37 in 3Q 2023). Revenue: ₱41.5b (down 12% from 3Q 2023). Net income: ₱789.8m (down 82% from 3Q 2023). Profit margin: 1.9% (down from 9.1% in 3Q 2023). The decrease in margin was driven by lower revenue.New Risk • Aug 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 110% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risk High level of debt (110% net debt to equity).Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ₱0.088 (vs ₱0.54 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.088 (down from ₱0.54 in 2Q 2023). Revenue: ₱45.1b (flat on 2Q 2023). Net income: ₱2.37b (down 62% from 2Q 2023). Profit margin: 5.2% (down from 14% in 2Q 2023).New Risk • May 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 131% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.Reported Earnings • May 02First quarter 2024 earnings released: EPS: ₱0.31 (vs ₱0.40 in 1Q 2023)First quarter 2024 results: EPS: ₱0.31 (down from ₱0.40 in 1Q 2023). Revenue: ₱45.8b (up 8.5% from 1Q 2023). Net income: ₱3.60b (down 23% from 1Q 2023). Profit margin: 7.9% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.New Risk • Apr 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 165% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.Reported Earnings • Apr 02Full year 2023 earnings released: EPS: ₱1.45 (vs ₱0.70 in FY 2022)Full year 2023 results: EPS: ₱1.45 (up from ₱0.70 in FY 2022). Revenue: ₱179.1b (up 29% from FY 2022). Net income: ₱16.8b (up 106% from FY 2022). Profit margin: 9.4% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Feb 26PAL Holdings, Inc., Annual General Meeting, May 30, 2024PAL Holdings, Inc., Annual General Meeting, May 30, 2024, at 06:00 Coordinated Universal Time.Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ₱0.37 (vs ₱0.28 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.37 (up from ₱0.28 in 3Q 2022). Revenue: ₱47.1b (up 17% from 3Q 2022). Net income: ₱4.28b (up 33% from 3Q 2022). Profit margin: 9.1% (up from 7.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.New Risk • Nov 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 154% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (154% net debt to equity). Profit margins are more than 30% lower than last year (9.4% net profit margin).Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ₱0.54 (vs ₱0.21 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.54 (up from ₱0.21 in 2Q 2022). Revenue: ₱45.2b (up 34% from 2Q 2022). Net income: ₱6.23b (up 152% from 2Q 2022). Profit margin: 14% (up from 7.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.お知らせ • May 31PAL Holdings, Inc. Appoints Jerome S. Tan as Lead Independent DirectorThe board of directors of PAL Holdings, Inc. at its meeting held on May 29, 2023, approved and confirmed the appointment of Mr. Jerome S. Tan as Lead Independent Director of the Company.お知らせ • May 26+ 1 more updatePAL Holdings, Inc. Announces Executive and Committee ChangesPAL Holdings, Inc. announced that at the Annual Stockholders' Meeting of the Company held on 25 May 2023 approved election of Ramon D. Dizon as Independent Director. Likewise, at the Organizational Meeting of the Board of Directors held immediately thereafter approved the appointment of Lucio C. Tan III as President and COO and Juanita T. Tan Lee as Treasurer. The board also approved appointment of Members of the Board to the various committees as follows: Executive Committee: Chairman: Dr. Lucio C. Tan; Members: Lucio C. Tan III, Sheila T. Pascual, Stanley K. Ng and Johnip G. Cua; Audit And Risk Management Committee: Chairman Johnip G. Cua; Members Lucio C. Tan III, Sheila T. Pascual, Jerome S. Tan and Ramon D. Dizon; Coprorate Governance Committee: Chairman Jerome S. Tan; Members Lucio C. Tan III, Sheila T. Pascual, Johnip G. Cua, Ramon D. Dizon; Nomination and Compensation Committee: Chairman Dr. Lucio C. Tan; Members: Carmen K. Tan, Sheila T. Pascual and Johnip G. Cua.Reported Earnings • May 13First quarter 2023 earnings released: EPS: ₱0.40 (vs ₱0.092 in 1Q 2022)First quarter 2023 results: EPS: ₱0.40 (up from ₱0.092 in 1Q 2022). Revenue: ₱42.2b (up 79% from 1Q 2022). Net income: ₱4.65b (up 338% from 1Q 2022). Profit margin: 11% (up from 4.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 06Full year 2022 earnings released: EPS: ₱0.70 (vs ₱5.09 in FY 2021)Full year 2022 results: EPS: ₱0.70 (down from ₱5.09 in FY 2021). Revenue: ₱139.2b (up 137% from FY 2021). Net income: ₱8.16b (down 86% from FY 2021). Profit margin: 5.9% (down from 101% in FY 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.28 (vs ₱0.46 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.28 (up from ₱0.46 loss in 3Q 2021). Revenue: ₱40.4b (up 186% from 3Q 2021). Net income: ₱3.21b (up ₱8.49b from 3Q 2021). Profit margin: 7.9% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Jerome Tan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ₱0.21 (vs ₱0.69 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.21 (up from ₱0.69 loss in 2Q 2021). Revenue: ₱33.7b (up 246% from 2Q 2021). Net income: ₱2.49b (up ₱10.4b from 2Q 2021). Profit margin: 7.4% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.Reported Earnings • May 14First quarter 2022 earnings released: EPS: ₱0.092 (vs ₱0.74 loss in 1Q 2021)First quarter 2022 results: EPS: ₱0.092 (up from ₱0.74 loss in 1Q 2021). Revenue: ₱23.6b (up 185% from 1Q 2021). Net income: ₱1.06b (up ₱9.66b from 1Q 2021). Profit margin: 4.5% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Bienvenido Laguesma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.お知らせ • Apr 08PAL Holdings, Inc. Auditor Raises 'Going Concern' DoubtPAL Holdings, Inc. filed its Annual on Apr 06, 2022 for the period ending Dec 31, 2021. In this report its auditor, SyCip Gorres Velayo & Co., gave an unqualified opinion expressing doubt that the company can continue as a going concern.Reported Earnings • Apr 07Full year 2021 earnings releasedFull year 2021 results: Revenue: ₱58.7b (up 6.2% from FY 2020). Net income: ₱59.1b (up ₱130.9b from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.Board Change • Mar 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Bienvenido Laguesma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.収支内訳PAL Holdings の稼ぎ方とお金の使い方。LTMベースの直近の報告された収益に基づく。収益と収入の歴史PSE:PAL 収益、費用、利益 ( )PHP Millions日付収益収益G+A経費研究開発費31 Mar 26189,3099,57820,404031 Dec 25183,8339,62020,668030 Sep 25181,5719,29219,177030 Jun 25180,4248,71018,187031 Mar 25179,1577,74317,968031 Dec 24178,0067,01917,525030 Sep 24176,9938,40620,186030 Jun 24182,59611,89521,321031 Mar 24182,71415,76020,448031 Dec 23179,12116,81219,534030 Sep 23176,04516,56318,604030 Jun 23169,31915,49416,991031 Mar 23157,82111,73415,506031 Dec 22139,2388,16414,219030 Sep 22124,30787,68412,504030 Jun 2298,02279,19711,143031 Mar 2274,02468,76910,204031 Dec 2158,70159,0909,346030 Sep 2142,132-64,7878,278030 Jun 2136,488-67,4307,557031 Mar 2131,492-71,0226,797031 Dec 2055,264-71,8108,723030 Sep 2081,961-30,6699,739030 Jun 20110,133-27,91212,201031 Mar 20147,342-18,85615,298031 Dec 19154,514-10,31115,839030 Sep 19156,705-8,90316,744030 Jun 19156,837-6,26416,490031 Mar 19153,102-4,06216,109031 Dec 18150,481-4,33015,739030 Sep 18144,544-6,99215,605030 Jun 18138,034-7,42715,477031 Mar 18133,474-7,48615,179031 Dec 17129,510-7,33414,846030 Sep 17125,672-2,68414,794030 Jun 17123,183-1,70514,144031 Mar 17117,97325013,319031 Dec 16114,4504,13312,489030 Sep 16114,3842,32111,391030 Jun 16112,8104,54311,177031 Mar 16111,8024,98510,694001 Jan 16107,2206,10911,701030 Sep 15105,6185,8969,583030 Jun 15104,4425,3359,1000質の高い収益: PALは 高品質の収益 を持っています。利益率の向上: PALの現在の純利益率 (5.1%)は、昨年(4.3%)よりも高くなっています。フリー・キャッシュフローと収益の比較過去の収益成長分析収益動向: PAL過去 5 年間で収益を上げており、収益は年間11.9%増加しています。成長の加速: PALの過去 1 年間の収益成長率 ( 23.7% ) は、5 年間の平均 ( 年間11.9%を上回っています。収益対業界: PALの過去 1 年間の収益成長率 ( 23.7% ) はAirlines業界1.1%を上回りました。株主資本利益率高いROE: PALの 自己資本利益率 ( 19.3% ) は 低い とみなされます。総資産利益率使用総資本利益率過去の好業績企業の発掘7D1Y7D1Y7D1YTransportation 、過去の業績が好調な企業。View Financial Health企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/23 22:17終値2026/05/22 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋PAL Holdings, Inc. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
Reported Earnings • Apr 07Full year 2025 earnings releasedFull year 2025 results: Revenue: ₱183.8b (up 3.3% from FY 2024). Net income: ₱9.62b (up 37% from FY 2024). Profit margin: 5.2% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ₱0.051 (vs ₱0.042 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.051 (up from ₱0.042 in 3Q 2024). Revenue: ₱42.7b (up 2.8% from 3Q 2024). Net income: ₱1.37b (up 74% from 3Q 2024). Profit margin: 3.2% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: ₱0.12 (vs ₱0.088 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.12 (up from ₱0.088 in 2Q 2024). Revenue: ₱46.4b (up 2.8% from 2Q 2024). Net income: ₱3.33b (up 41% from 2Q 2024). Profit margin: 7.2% (up from 5.2% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱0.31 (vs ₱1.45 in FY 2023)Full year 2024 results: EPS: ₱0.31 (down from ₱1.45 in FY 2023). Revenue: ₱178.0b (flat on FY 2023). Net income: ₱7.02b (down 58% from FY 2023). Profit margin: 3.9% (down from 9.4% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.042 (vs ₱0.37 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.042 (down from ₱0.37 in 3Q 2023). Revenue: ₱41.5b (down 12% from 3Q 2023). Net income: ₱789.8m (down 82% from 3Q 2023). Profit margin: 1.9% (down from 9.1% in 3Q 2023). The decrease in margin was driven by lower revenue.
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ₱0.088 (vs ₱0.54 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.088 (down from ₱0.54 in 2Q 2023). Revenue: ₱45.1b (flat on 2Q 2023). Net income: ₱2.37b (down 62% from 2Q 2023). Profit margin: 5.2% (down from 14% in 2Q 2023).
New Risk • Apr 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. This is currently the only risk that has been identified for the company.
New Risk • Apr 11New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 07Full year 2025 earnings releasedFull year 2025 results: Revenue: ₱183.8b (up 3.3% from FY 2024). Net income: ₱9.62b (up 37% from FY 2024). Profit margin: 5.2% (up from 3.9% in FY 2024). The increase in margin was driven by higher revenue.
お知らせ • Feb 10PAL Holdings, Inc., Annual General Meeting, Jun 01, 2026PAL Holdings, Inc., Annual General Meeting, Jun 01, 2026.
Reported Earnings • Nov 12Third quarter 2025 earnings released: EPS: ₱0.051 (vs ₱0.042 in 3Q 2024)Third quarter 2025 results: EPS: ₱0.051 (up from ₱0.042 in 3Q 2024). Revenue: ₱42.7b (up 2.8% from 3Q 2024). Net income: ₱1.37b (up 74% from 3Q 2024). Profit margin: 3.2% (up from 1.9% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance.
New Risk • Aug 03New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. This is currently the only risk that has been identified for the company.
Reported Earnings • Aug 01Second quarter 2025 earnings released: EPS: ₱0.12 (vs ₱0.088 in 2Q 2024)Second quarter 2025 results: EPS: ₱0.12 (up from ₱0.088 in 2Q 2024). Revenue: ₱46.4b (up 2.8% from 2Q 2024). Net income: ₱3.33b (up 41% from 2Q 2024). Profit margin: 7.2% (up from 5.2% in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance.
お知らせ • May 30PAL Holdings, Inc. Approves Election of Kyle Ellis C. Tan as DirectorPAL Holdings, Inc. announced at annual stockholders meeting of the company held 29 May 2025, the shareholders elected Kyle Ellis C. Tan as director of the company.
New Risk • Apr 26New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 28% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (28% accrual ratio). Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risk Profit margins are more than 30% lower than last year (4.3% net profit margin).
New Risk • Mar 30New major risk - Financial positionThe company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.6x net interest cover). Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (9.6% average weekly change). Profit margins are more than 30% lower than last year (3.9% net profit margin).
Reported Earnings • Mar 30Full year 2024 earnings released: EPS: ₱0.31 (vs ₱1.45 in FY 2023)Full year 2024 results: EPS: ₱0.31 (down from ₱1.45 in FY 2023). Revenue: ₱178.0b (flat on FY 2023). Net income: ₱7.02b (down 58% from FY 2023). Profit margin: 3.9% (down from 9.4% in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance.
お知らせ • Feb 25PAL Holdings, Inc., Annual General Meeting, May 29, 2025PAL Holdings, Inc., Annual General Meeting, May 29, 2025, at 14:00 W. Australia Standard Time. Location: via zoom application, Philippines
New Risk • Jan 18New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Filipino stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (4.7% net profit margin).
Valuation Update With 7 Day Price Move • Nov 27Investor sentiment improves as stock rises 16%After last week's 16% share price gain to ₱5.20, the stock trades at a trailing P/E ratio of 16.6x. Average trailing P/E is 12x in the Airlines industry in Asia. Negligible returns to shareholders over past year.
Reported Earnings • Nov 13Third quarter 2024 earnings released: EPS: ₱0.042 (vs ₱0.37 in 3Q 2023)Third quarter 2024 results: EPS: ₱0.042 (down from ₱0.37 in 3Q 2023). Revenue: ₱41.5b (down 12% from 3Q 2023). Net income: ₱789.8m (down 82% from 3Q 2023). Profit margin: 1.9% (down from 9.1% in 3Q 2023). The decrease in margin was driven by lower revenue.
New Risk • Aug 10New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 110% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (131% increase in shares outstanding). Minor Risk High level of debt (110% net debt to equity).
Reported Earnings • Aug 10Second quarter 2024 earnings released: EPS: ₱0.088 (vs ₱0.54 in 2Q 2023)Second quarter 2024 results: EPS: ₱0.088 (down from ₱0.54 in 2Q 2023). Revenue: ₱45.1b (flat on 2Q 2023). Net income: ₱2.37b (down 62% from 2Q 2023). Profit margin: 5.2% (down from 14% in 2Q 2023).
New Risk • May 18New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 131% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. This is currently the only risk that has been identified for the company.
Reported Earnings • May 02First quarter 2024 earnings released: EPS: ₱0.31 (vs ₱0.40 in 1Q 2023)First quarter 2024 results: EPS: ₱0.31 (down from ₱0.40 in 1Q 2023). Revenue: ₱45.8b (up 8.5% from 1Q 2023). Net income: ₱3.60b (down 23% from 1Q 2023). Profit margin: 7.9% (down from 11% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
New Risk • Apr 02New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 165% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company.
Reported Earnings • Apr 02Full year 2023 earnings released: EPS: ₱1.45 (vs ₱0.70 in FY 2022)Full year 2023 results: EPS: ₱1.45 (up from ₱0.70 in FY 2022). Revenue: ₱179.1b (up 29% from FY 2022). Net income: ₱16.8b (up 106% from FY 2022). Profit margin: 9.4% (up from 5.9% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Feb 26PAL Holdings, Inc., Annual General Meeting, May 30, 2024PAL Holdings, Inc., Annual General Meeting, May 30, 2024, at 06:00 Coordinated Universal Time.
Reported Earnings • Nov 11Third quarter 2023 earnings released: EPS: ₱0.37 (vs ₱0.28 in 3Q 2022)Third quarter 2023 results: EPS: ₱0.37 (up from ₱0.28 in 3Q 2022). Revenue: ₱47.1b (up 17% from 3Q 2022). Net income: ₱4.28b (up 33% from 3Q 2022). Profit margin: 9.1% (up from 7.9% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
New Risk • Nov 11New minor risk - Financial positionThe company has a high level of debt. Net debt to equity ratio: 154% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Minor Risks High level of debt (154% net debt to equity). Profit margins are more than 30% lower than last year (9.4% net profit margin).
Reported Earnings • Aug 12Second quarter 2023 earnings released: EPS: ₱0.54 (vs ₱0.21 in 2Q 2022)Second quarter 2023 results: EPS: ₱0.54 (up from ₱0.21 in 2Q 2022). Revenue: ₱45.2b (up 34% from 2Q 2022). Net income: ₱6.23b (up 152% from 2Q 2022). Profit margin: 14% (up from 7.3% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings.
お知らせ • May 31PAL Holdings, Inc. Appoints Jerome S. Tan as Lead Independent DirectorThe board of directors of PAL Holdings, Inc. at its meeting held on May 29, 2023, approved and confirmed the appointment of Mr. Jerome S. Tan as Lead Independent Director of the Company.
お知らせ • May 26+ 1 more updatePAL Holdings, Inc. Announces Executive and Committee ChangesPAL Holdings, Inc. announced that at the Annual Stockholders' Meeting of the Company held on 25 May 2023 approved election of Ramon D. Dizon as Independent Director. Likewise, at the Organizational Meeting of the Board of Directors held immediately thereafter approved the appointment of Lucio C. Tan III as President and COO and Juanita T. Tan Lee as Treasurer. The board also approved appointment of Members of the Board to the various committees as follows: Executive Committee: Chairman: Dr. Lucio C. Tan; Members: Lucio C. Tan III, Sheila T. Pascual, Stanley K. Ng and Johnip G. Cua; Audit And Risk Management Committee: Chairman Johnip G. Cua; Members Lucio C. Tan III, Sheila T. Pascual, Jerome S. Tan and Ramon D. Dizon; Coprorate Governance Committee: Chairman Jerome S. Tan; Members Lucio C. Tan III, Sheila T. Pascual, Johnip G. Cua, Ramon D. Dizon; Nomination and Compensation Committee: Chairman Dr. Lucio C. Tan; Members: Carmen K. Tan, Sheila T. Pascual and Johnip G. Cua.
Reported Earnings • May 13First quarter 2023 earnings released: EPS: ₱0.40 (vs ₱0.092 in 1Q 2022)First quarter 2023 results: EPS: ₱0.40 (up from ₱0.092 in 1Q 2022). Revenue: ₱42.2b (up 79% from 1Q 2022). Net income: ₱4.65b (up 338% from 1Q 2022). Profit margin: 11% (up from 4.5% in 1Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 06Full year 2022 earnings released: EPS: ₱0.70 (vs ₱5.09 in FY 2021)Full year 2022 results: EPS: ₱0.70 (down from ₱5.09 in FY 2021). Revenue: ₱139.2b (up 137% from FY 2021). Net income: ₱8.16b (down 86% from FY 2021). Profit margin: 5.9% (down from 101% in FY 2021). Over the last 3 years on average, earnings per share has increased by 70% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Nov 16Third quarter 2022 earnings released: EPS: ₱0.28 (vs ₱0.46 loss in 3Q 2021)Third quarter 2022 results: EPS: ₱0.28 (up from ₱0.46 loss in 3Q 2021). Revenue: ₱40.4b (up 186% from 3Q 2021). Net income: ₱3.21b (up ₱8.49b from 3Q 2021). Profit margin: 7.9% (up from net loss in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 68% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 7 non-independent directors. Independent Director Jerome Tan was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Aug 14Second quarter 2022 earnings released: EPS: ₱0.21 (vs ₱0.69 loss in 2Q 2021)Second quarter 2022 results: EPS: ₱0.21 (up from ₱0.69 loss in 2Q 2021). Revenue: ₱33.7b (up 246% from 2Q 2021). Net income: ₱2.49b (up ₱10.4b from 2Q 2021). Profit margin: 7.4% (up from net loss in 2Q 2021). Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings.
Reported Earnings • May 14First quarter 2022 earnings released: EPS: ₱0.092 (vs ₱0.74 loss in 1Q 2021)First quarter 2022 results: EPS: ₱0.092 (up from ₱0.74 loss in 1Q 2021). Revenue: ₱23.6b (up 185% from 1Q 2021). Net income: ₱1.06b (up ₱9.66b from 1Q 2021). Profit margin: 4.5% (up from net loss in 1Q 2021). Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
Board Change • Apr 27Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Bienvenido Laguesma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
お知らせ • Apr 08PAL Holdings, Inc. Auditor Raises 'Going Concern' DoubtPAL Holdings, Inc. filed its Annual on Apr 06, 2022 for the period ending Dec 31, 2021. In this report its auditor, SyCip Gorres Velayo & Co., gave an unqualified opinion expressing doubt that the company can continue as a going concern.
Reported Earnings • Apr 07Full year 2021 earnings releasedFull year 2021 results: Revenue: ₱58.7b (up 6.2% from FY 2020). Net income: ₱59.1b (up ₱130.9b from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance.
Board Change • Mar 29Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Independent Director Bienvenido Laguesma was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.