ICTEF
Company Description
International Container Terminal Services, Inc. (ICTEF), through its subsidiaries, focuses on the acquisition, development, management, and operation of container ports and terminals globally, serving the shipping industry. In addition to these core terminal operations, the company provides a suite of ancillary services. These include storage, container packing and unpacking, inspection, weighing, and specialized support for refrigerated containers (reef-ers). It also facilitates roll-on/roll-off and anchorage services for non-containerized (general) cargoes and efficiently handles containerized freight for international import and export. As of March 1, 2022, ICTEF boasted a significant global presence, with 35 terminal concessions and port development projects across 20 countries worldwide. Established in 1987, the company is headquartered in Manila, the Philippines.
Track Record
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3.34B | 2.86B | 2.46B | 2.25B | 1.86B | 1.66B | 1.65B | 1.49B | 1.36B | 1.13B | 1.13B | 1.16B |
| Net Income | 1.02B | 816.93M | 483.49M | 571.58M | 355.99M | 41.05M | 41.91M | 143.84M | 141.96M | 127.75M | 20.87M | 151.50M |
| EPS | 0.50 | 0.41 | 0.24 | 0.28 | 0.17 | 0.02 | 0.05 | 0.11 | 0.09 | 0.07 | 0.03 | 0.07 |
| Free Cash Flow | 1.28B | 1.08B | 996.52M | 921.24M | 783.75M | 607.00M | 517.24M | 352.40M | 240.91M | 73.26M | 2.31M | 100.74M |
| FCF / Share | 0.63 | 0.53 | 0.49 | 0.45 | 0.38 | 0.30 | 0.26 | 0.17 | 0.12 | 0.04 | 0.00 | 0.05 |
| Operating CF | 1.65B | 1.58B | 1.30B | 1.28B | 947.19M | 803.67M | 758.84M | 642.40M | 564.01M | 466.95M | 407.74M | 387.82M |
| Total Assets | 9.24B | 7.78B | 7.23B | 7.04B | 6.24B | 6.20B | 5.75B | 5.45B | 4.39B | 4.18B | 3.84B | 3.40B |
| Total Debt | 5.81B | 5.18B | 5.11B | 5.16B | 4.93B | 4.95B | 4.53B | 4.14B | 2.74B | 2.63B | 2.43B | 1.60B |
| Cash & Equiv | 1.11B | 1.11B | 727.54M | 984.64M | 661.47M | 734.83M | 234.83M | 447.08M | 279.43M | 325.06M | 354.48M | 194.30M |
| Book Value | 1.82B | 1.27B | 1.01B | 844.72M | 524.75M | 434.29M | 451.85M | 629.27M | 872.78M | 789.25M | 768.72M | 1.32B |
| Return on Equity | 0.56 | 0.64 | 0.48 | 0.68 | 0.68 | 0.09 | 0.09 | 0.23 | 0.16 | 0.16 | 0.03 | 0.12 |
| Metric | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 955.66M | 944.79M | 848.55M | 814.57M | 796.31M | 762.30M | 776.71M | 717.47M | 650.42M | 651.32M | 604.67M | 607.75M |
| Net Income | 284.67M | 295.07M | 257.78M | 239.86M | 238.13M | 213.21M | 212.35M | 203.00M | 201.43M | 19.93M | 161.12M | 152.71M |
| EPS | 0.14 | 0.14 | 0.13 | 0.12 | 0.12 | 0.11 | 0.10 | 0.10 | 0.10 | 0.01 | 0.08 | 0.08 |
| Free Cash Flow | 486.17M | 471.74M | 205.60M | 262.01M | 319.92M | 189.36M | 296.64M | 227.22M | 348.58M | 191.19M | 244.68M | 237.43M |
| FCF / Share | 0.24 | 0.23 | 0.10 | 0.13 | 0.16 | 0.09 | 0.15 | 0.11 | 0.17 | 0.09 | 0.12 | 0.12 |
| Operating CF | 566.95M | 502.44M | 412.70M | 359.63M | 449.00M | 431.38M | 336.57M | 331.66M | 409.29M | 316.52M | 319.65M | 301.49M |
| Total Assets | 9.60B | 9.24B | 8.00B | 7.85B | 7.35B | 7.78B | 7.51B | 7.32B | 7.51B | 7.23B | 7.07B | 7.09B |
| Total Debt | 6.08B | 5.81B | 5.14B | 4.23B | 5.08B | 5.18B | 5.25B | 5.20B | 5.54B | 5.11B | 5.04B | 5.21B |
| Cash & Equiv | 819.96M | 1.11B | 868.46M | 951.10M | 749.60M | 1.11B | 1.03B | 893.04M | 1.04B | 727.54M | 600.88M | 573.17M |
| Book Value | 1.52B | 1.82B | 1.54B | 1.24B | 1.00B | 1.27B | 1.10B | 943.86M | 819.13M | 1.01B | 978.83M | 817.38M |
| Return on Equity | 0.19 | 0.16 | 0.17 | 0.19 | 0.24 | 0.17 | 0.19 | 0.22 | 0.25 | 0.02 | 0.16 | 0.19 |
