Globe Telecom (PHS:GLO) Operating Income: ₱36,579 Mil (TTM As of Mar. 2026)


PHS:GLO Globe Telecom Inc PHS:GLO
81 GF Score
Price ₱1,890.00
GF Value ₱1,767.67
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Globe Telecom Operating Income?

Globe Telecom PHS:GLO -0.42% 81 Operating Income is ₱36,579 Mil as of Mar. 2026. GuruFocus rates PHS:GLO with a GF Score™ of 81/100 and a GF Value™ of ₱1,767.67 (Fairly Valued). The stock has 8 warning signs investors should review.

Globe Telecom's Operating Income for the three months ended in Mar. 2026 was ₱8,480 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₱36,579 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Globe Telecom's Operating Income for the three months ended in Mar. 2026 was ₱8,480 Mil. Globe Telecom's Revenue for the three months ended in Mar. 2026 was ₱45,706 Mil. Therefore, Globe Telecom's Operating Margin % for the quarter that ended in Mar. 2026 was 18.55%.

Warning Sign:

Globe Telecom Inc operating margin has been in a 5-year decline. The average rate of decline per year is -4.4%.

Globe Telecom's 5-Year average Growth Rate for Operating Margin % was -4.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Globe Telecom's annualized ROC % for the quarter that ended in Mar. 2026 was 4.28%. Globe Telecom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.31%.


Globe Telecom  (PHS:GLO) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Globe Telecom's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=33919.128 * ( 1 - 14.91% )/( (670312.07 + 678647.261)/ 2 )
=28861.7860152/674479.6655
=4.28 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=655991.907 - 25376.866 - ( 25029.857 - max(0, 115611.308 - 75914.279+25029.857))
=670312.07

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=687299.728 - 30400.762 - ( 42352.876 - max(0, 116651.043 - 94902.748+42352.876))
=678647.261

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Globe Telecom's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=42820.82/( ( (455545.776 + max(-37952.791, 0)) + (464367.618 + max(-37337.213, 0)) )/ 2 )
=42820.82/( ( 455545.776 + 464367.618 )/ 2 )
=42820.82/459956.697
=9.31 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17892.54 + 2318.95 + 26160.446) - (25376.866 + 0 + 58947.861)
=-37952.791

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17598.742 + 2242.372 + 28188.952) - (30400.762 + 0 + 54966.517)
=-37337.213

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Globe Telecom's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=8479.782/45706.452
=18.55 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Globe Telecom Operating Income Related Terms


Globe Telecom Operating Income Historical Data

* Premium members only.

The historical data trend for Globe Telecom's Operating 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.

Globe Telecom Operating Income Chart

Globe Telecom Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39,487.93 36,031.26 37,767.49 38,559.98 36,268.99

Globe Telecom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating 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 8,169.36 9,062.80 9,039.77 9,997.06 8,479.78
PHS:GLO
81GF Score
Globe Telecom Inc PHS:GLO
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Globe Telecom Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating 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 ₱36,579 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 Operating Income →
What does a Operating Income of ₱36,579 Mil mean?
Globe Telecom (PHS:GLO) has a Operating Income of ₱36,579 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Globe Telecom and its competitors.
Is Globe Telecom's Operating Income too high?
Globe Telecom's current Operating Income is ₱36,579 Mil. Overall, Globe Telecom has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Globe Telecom's Operating Income compare to TMUS and VZ?
Globe Telecom's Operating Income of ₱36,579 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Telecommunication Services company?
A good Operating Income depends on the Telecommunication Services industry context. However, Operating 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Globe Telecom and its competitors. Globe Telecom's current Operating Income is ₱36,579 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Globe Telecom stock overvalued right now?
Based on GuruFocus' analysis, Globe Telecom (PHS:GLO) is currently considered Fairly Valued. The stock's GF Value™ is ₱1,767.67, compared to a current price of ₱1,890.00 — trading 6.9% above its estimated fair value. The current Operating Income is ₱36,579 Mil. Globe Telecom's overall GF Score™ is 81/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Globe Telecom (PHS:GLO), the current Operating Income is ₱36,579 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 Globe Telecom (PHS:GLO) Overvalued in 2026?

Based on GuruFocus' analysis, Globe Telecom stock appears to be overvalued. The current stock price of ₱1,890.00 is trading 6.9% above its estimated GF Value™ of ₱1,767.67. GuruFocus considers Globe Telecom to be Fairly Valued.

Key valuation signals for PHS:GLO:

  • Operating Income: ₱36,579 Mil
  • GF Value™: ₱1,767.67 vs. price of ₱1,890.00 (6.9% above fair value)
  • GF Score™: 81/100 with 8 warning signs

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


Globe Telecom Business Description

Other Exchanges GTMEF:USA
Address 32nd Street Corner 7th Avenue, 27th Floor, The Globe Tower, Bonifacio Global City, Taguig, PHL, 1634
Globe Telecom Inc is a telecommunications company that provides mobile, voice, and broadband services. Its operating segments are Mobile Business, Fixed Line, and Broadband Business. Mobile involves traditional mobile services and contributes the majority of the company's revenue. Within the mobile division, the majority of subscribers are considered prepaid customers. The other division, fixed-line and broadband, provides fixed-line voice services, corporate data, and Internet for its customers. The company generates the vast majority of its revenue in the Philippines.
81GF Score

Get the complete analysis for PHS:GLO

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

₱1,890.00
Price
₱1,767.67
GF Value