List of largest companies in the Philippines explained

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.

RankNameIndustryRevenue
(USD millions)
Profits
(USD millions)
EmployeesHeadquarters
1San Miguel CorporationConglomerate26,024453,184Mandaluyong
2SM InvestmentsConglomerate10,2771,38572,770Pasay
3Manila ElectricUtilities7,98068414,494Pasig
4JG Summit HoldingsConglomerate5,93236125,979Pasig
5Banco de OroBanking5,8321,32141,647Mandaluyong
6Aboitiz Equity VenturesConglomerate5,58842413,802Taguig
7Ayala CorporationConglomerate5,21568533,889Makati
8GT CapitalConglomerate5,10551739,000Makati
9Jollibee Foods CorporationRestaurants4,39115826,263Pasig
10Cosco CapitalConglomerate3,85813312,982Manila
11PLDTTelecommunications3,79547910,004Makati
12Alliance GlobalConglomerate3,68335256,915Manila
13Robinsons RetailRetail3,4567423,172Pasig
14Banking3,29276018,810Makati
15Globe TelecomTelecommunications3,2414417,542Taguig
16Bank of the Philippine IslandsBanking3,23993019,522Makati
17PAL HoldingsAirline3,2223025,109Pasay
18Lopez Holdings CorporationConglomerate2,9675111Mandaluyong
19International Container Terminal ServicesPort management2,48051210,297Manila
20DMCI HoldingsReal estate2,21044517,620Makati
21LT GroupConglomerate2,07445714,296Taguig
22Banking1,7511638,519Pasig
23FilinvestReal estate 1,67016112,979Taguig
24Rizal Commercial BankingBanking1,4872206,184Makati
25Monde NissinFood and beverage 1,442(12)1,518Santa 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]

RankForbes
2000 rank
NameHeadquartersRevenue
(billions
US$)
Profit
(billions
US$)
Assets
(billions
US$)
Value
(billions
US$)
Industry
1806SM InvestmentsMandaluyong10.3 1.428.418.6 Conglomerate
2880Banco de OroMandaluyong6.1 1.3 81.4 12.7 Banking
31,137Top Frontier Investment HoldingsMandaluyong26.0 0.0 47.1 0.6 Conglomerate
41,345Makati3.4 0.8 56.7 5.5Banking
51,602Ayala CorporationMakati5.4 0.7 29.2 6.7 Conglomerate
61,946Manila ElectricPasig7.9 0.710.8 7.3 Utilities

See also

Notes and References

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