Shell Pilipinas (PHS:SHLPH) Net Income: ₱2,983 Mil (TTM As of Mar. 2026)

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PHS:SHLPH Shell Pilipinas Corp PHS:SHLPH
80 GF Score
Price ₱9.00
GF Value ₱9.10
Valuation Fairly Valued
! 3 Warning Signs
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What is Shell Pilipinas Net Income?

Shell Pilipinas PHS:SHLPH +1.12% 80 Net Income is ₱2,983 Mil as of Mar. 2026. GuruFocus rates PHS:SHLPH with a GF Score™ of 80/100 and a GF Value™ of ₱9.10 (Fairly Valued). The stock has 3 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Shell Pilipinas's Net Income for the three months ended in Mar. 2026 was ₱1,617 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₱2,983 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Shell Pilipinas's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was ₱1.00.


Shell Pilipinas  (PHS:SHLPH) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Shell Pilipinas's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Shell Pilipinas Net Income Related Terms


Shell Pilipinas Net Income Historical Data

* Premium members only.

The historical data trend for Shell Pilipinas's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Shell Pilipinas Net Income Chart

Shell Pilipinas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,855.71 4,075.75 1,182.90 1,250.17 2,109.65

Shell Pilipinas Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 743.59 221.73 343.00 801.33 1,617.05
PHS:SHLPH
80GF Score
Shell Pilipinas Corp PHS:SHLPH
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Shell Pilipinas Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Shell Pilipinas's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2778.634+-668.989+0+0
=2,110

Shell Pilipinas's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=2211.456+-594.405+0+-2.2737367544323E-13
=1,617

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₱2,983 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of ₱2,983 Mil mean?
Shell Pilipinas (PHS:SHLPH) has a Net Income of ₱2,983 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Shell Pilipinas and its competitors.
Is Shell Pilipinas' Net Income too high?
Shell Pilipinas' current Net Income is ₱2,983 Mil. Overall, Shell Pilipinas has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Shell Pilipinas' Net Income compare to MPC and VLO?
Shell Pilipinas' Net Income of ₱2,983 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Oil & Gas company?
A good Net Income depends on the Oil & Gas industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Shell Pilipinas and its competitors. Shell Pilipinas's current Net Income is ₱2,983 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shell Pilipinas stock overvalued right now?
Based on GuruFocus' analysis, Shell Pilipinas (PHS:SHLPH) is currently considered Fairly Valued. The stock's GF Value™ is ₱9.10, compared to a current price of ₱9.00 — trading 1.1% below its estimated fair value. The current Net Income is ₱2,983 Mil. Shell Pilipinas' overall GF Score™ is 80/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Shell Pilipinas (PHS:SHLPH), the current Net Income is ₱2,983 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Shell Pilipinas (PHS:SHLPH) Overvalued in 2026?

Based on GuruFocus' analysis, Shell Pilipinas stock appears to be undervalued. The current stock price of ₱9.00 is trading 1.1% below its estimated GF Value™ of ₱9.10. GuruFocus considers Shell Pilipinas to be Fairly Valued.

Key valuation signals for PHS:SHLPH:

  • Net Income: ₱2,983 Mil
  • GF Value™: ₱9.10 vs. price of ₱9.00 (1.1% below fair value)
  • GF Score™: 80/100 with 3 warning signs

No single metric tells the full story. See the PHS:SHLPH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Shell Pilipinas Business Description

Industry EnergyOil & Gas
Address 26th Street Corner 9th Avenue, 41st Floor, The Finance Center, Bonifacio Global City, Barangay Fort Bonifacio, Metro Manila, Taguig City, RIZ, PHL, 1635
Shell Pilipinas Corp is engaged in the import and marketing of petroleum products. Its integrated downstream operations span all aspects of the downstream product supply chain, from importing crude oil to distributing petroleum products to its customers across the Philippines. The company offers products such as gasoline, diesel, fuel oil, aviation fuel, marine fuel, lubricants, and bitumen. It solely operates in the Downstream Oil and Gas segment.
80GF Score

Get the complete analysis for PHS:SHLPH

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₱9.00
Price
₱9.10
GF Value