First Gen Past Earnings Performance
Past criteria checks 3/6
First Gen's earnings have been declining at an average annual rate of -4.3%, while the Renewable Energy industry saw earnings growing at 17.5% annually. Revenues have been declining at an average rate of 6.8% per year. First Gen's return on equity is 7.3%, and it has net margins of 22%.
Key information
-4.27%
Earnings growth rate
-4.51%
EPS growth rate
| Renewable Energy Industry Growth | -5.84% |
| Revenue growth rate | -6.77% |
| Return on equity | 7.33% |
| Net Margin | 22.02% |
| Last Earnings Update | 31 Mar 2026 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How First Gen makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 58,684 | 12,924 | 14,445 | 0 |
| 31 Dec 25 | 53,321 | 10,037 | 13,245 | 0 |
| 30 Sep 25 | 136,867 | 15,209 | 14,801 | 0 |
| 30 Jun 25 | 131,900 | 14,634 | 14,428 | 0 |
| 31 Mar 25 | 26,505 | 1,572 | 7,047 | 0 |
| 31 Dec 24 | 49,759 | 5,107 | 8,783 | 0 |
| 30 Sep 24 | 136,100 | 15,228 | 14,254 | 0 |
| 30 Jun 24 | 144,102 | 17,495 | 14,731 | 0 |
| 31 Mar 24 | 135,873 | 16,927 | 13,492 | 0 |
| 31 Dec 23 | 47,494 | 6,670 | 7,513 | 0 |
| 30 Sep 23 | 145,191 | 18,163 | 13,087 | 0 |
| 30 Jun 23 | 148,233 | 16,893 | 12,211 | 0 |
| 31 Mar 23 | 149,186 | 15,506 | 11,664 | 0 |
| 31 Dec 22 | 148,456 | 14,309 | 12,248 | 0 |
| 30 Sep 22 | 150,322 | 13,292 | 12,772 | 0 |
| 30 Jun 22 | 131,289 | 12,385 | 12,184 | 0 |
| 31 Mar 22 | 116,705 | 11,766 | 11,448 | 0 |
| 31 Dec 21 | 111,156 | 12,782 | 11,093 | 0 |
| 30 Sep 21 | 105,980 | 14,416 | 10,014 | 0 |
| 30 Jun 21 | 95,254 | 13,506 | 9,758 | 0 |
| 31 Mar 21 | 88,967 | 13,621 | 9,402 | 0 |
| 31 Dec 20 | 88,037 | 12,434 | 9,336 | 0 |
| 30 Sep 20 | 92,037 | 12,375 | 10,416 | 0 |
| 30 Jun 20 | 98,556 | 12,274 | 10,468 | 0 |
| 31 Mar 20 | 106,655 | 13,386 | 10,720 | 0 |
| 31 Dec 19 | 109,054 | 14,156 | 10,541 | 0 |
| 30 Sep 19 | 110,498 | 14,285 | 9,860 | 0 |
| 30 Jun 19 | 108,908 | 14,631 | 9,319 | 0 |
| 31 Mar 19 | 107,816 | 12,829 | 9,492 | 0 |
| 31 Dec 18 | 103,644 | 10,424 | 9,370 | 0 |
| 30 Sep 18 | 102,211 | 8,505 | 9,593 | 0 |
| 30 Jun 18 | 97,121 | 7,106 | 9,608 | 0 |
| 31 Mar 18 | 91,267 | 5,473 | 9,597 | 0 |
| 31 Dec 17 | 85,406 | 5,318 | 9,198 | 0 |
| 30 Sep 17 | 84,747 | 5,023 | 9,378 | 0 |
| 30 Jun 17 | 81,081 | 5,829 | 9,473 | 0 |
| 31 Mar 17 | 78,792 | 7,662 | 9,405 | 0 |
| 31 Dec 16 | 77,418 | 8,388 | 9,289 | 0 |
| 30 Sep 16 | 77,847 | 9,249 | 9,469 | 0 |
| 30 Jun 16 | 78,858 | 7,221 | 9,056 | 0 |
| 31 Mar 16 | 80,682 | 6,512 | 9,430 | 0 |
| 31 Dec 15 | 86,158 | 6,173 | 9,788 | 0 |
| 30 Sep 15 | 87,706 | 5,043 | 10,144 | 0 |
| 30 Jun 15 | 87,171 | 6,610 | 9,685 | 0 |
Quality Earnings: FSGC.Y has a large one-off gain of ₱11.4B impacting its last 12 months of financial results to 31st March, 2026.
Growing Profit Margin: FSGC.Y's current net profit margins (22%) are higher than last year (5.9%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: FSGC.Y's earnings have declined by 4.3% per year over the past 5 years.
Accelerating Growth: FSGC.Y's earnings growth over the past year (722.1%) exceeds its 5-year average (-4.3% per year).
Earnings vs Industry: FSGC.Y earnings growth over the past year (722.1%) exceeded the Renewable Energy industry -8.3%.
Return on Equity
High ROE: FSGC.Y's Return on Equity (7.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/16 15:08 |
| End of Day Share Price | 2026/06/16 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
First Gen Corporation is covered by 10 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Julian Vincent Roxas | BofA Global Research |
| Edser Trinidad | CGS International |
| Jan Derrick Guarin | CLSA |