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. 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.

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

• Economy of the Philippines
• List of companies of the Philippines
• List of largest companies by revenue