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Ayala Land Inc. (AYAAF)
OTHER OTC:AYAAF
Earnings Data
Report Date
May 13, 2026TBA (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
―Last Year’s EPS
<0.01Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presents a cautiously positive picture: Ayala Land delivered topline growth, significant reported net income driven by an asset sale, and core net income and margins improved. Management is executing a clear capital-recycling strategy, materially increasing investment into recurring-income leasing assets and maintaining disciplined residential launches that improved inventory metrics. Offsetting this are meaningful declines in services revenue, reduced launch activity (lower near-term revenue catalysts), rising gross debt and interest costs, and exposure to BPO/AI risk in the office portfolio. On balance, the operational progress (leasing momentum, margin expansion, capital discipline, and strong balance-sheet metrics within guardrails) outweighs the near-term headwinds.Company Guidance
Total Revenue and Net Income Growth
Total revenues reached PHP 190.2B, up 5% YoY, and consolidated net income was PHP 39.1B, up 39% YoY (driven in part by the one-time gain from sale of 50% stake in Alabang Commercial Corporation).
Core Profitability Expansion
Core net income grew to PHP 30.6B, up 8% YoY; core EBIT margin improved to 36% (300 bps better YoY), and overall EBIT margin was 40%.
Leasing & Hospitality Momentum
Leasing and Hospitality revenues rose to PHP 48.7B, up 7% YoY (would have been ~11% excluding reinvention disruptions). Shopping center revenue +5% to PHP 24.2B; offices +5% to PHP 12.2B; hospitality +9% to PHP 10.6B. Management guiding for double-digit leasing revenue growth in 2026 and >200,000 sqm new retail GLA opening in 2026.
Strong Performance in Estate Lots, Offices for Sale and Industrials
Estate lots revenue increased 21% YoY to PHP 17.7B; office-for-sale revenue rose 40% YoY to PHP 4.8B; industrials revenue jumped 37% YoY to PHP 1.7B (cold storage and industrial land contributions).
Capital Recycling and Shareholder Returns
Sale of Alabang Commercial Center generated >PHP 11B gain enabling special capital returns; management will maintain a regular dividend policy (~30% of prior year core net income) and announced an elevated payout for 2026 (guidance ~33% with a special dividend from ATC proceeds). Share buyback program concluded and acquired shares will be cancelled, supporting EPS.
Disciplined CapEx and Strategic Reallocation
Invested PHP 92.9B in CapEx (+10% YoY) with a notable shift to leasing & hospitality (PHP 27.1B, roughly doubled YoY and ~30% of total CapEx), demonstrating capital allocation toward recurring-income assets and expansion.
Inventory and Sales Discipline
Residential sales roughly stable at PHP 125.2B (‑1% YoY) with launches reduced (residential launches down ~42% YoY) and inventory improved to 19 months from 22 months a year earlier, reflecting tighter launch discipline and better capital efficiency.
Balance Sheet and Coverage Metrics Remain Healthy
Net gearing at 0.78:1 (within guardrails), gross debt PHP 318B (+13% YoY) with average maturity 4.8 years, average borrowing cost ~5.5%, cash PHP 19B, stockholders' equity up 7% to PHP 385B, and core interest coverage ~4.9x.
Operational KPIs and Pipelines
Mall lease-out ~91% (+1% YoY), office portfolio lease-out 87% (down 4% due to new supply), hotel occupancy 68% (+1%), rolling mall pipeline >800,000 sqm and five-year office pipeline >300,000 sqm; plan to open >200,000 sqm retail GLA in 2026—the largest single-year addition.
AYAAF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
AYAAF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 20, 2026 | $0.38 | $0.38 | 0.00% |
Nov 05, 2025 | $0.34 | $0.34 | -0.89% |
Aug 06, 2025 | $0.49 | $0.49 | 0.00% |
May 06, 2025 | $0.38 | $0.38 | 0.00% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Ayala Land Inc. (AYAAF) report earnings?
Ayala Land Inc. (AYAAF) is schdueled to report earning on May 13, 2026, TBA (Confirmed).
What is Ayala Land Inc. (AYAAF) earnings time?
Ayala Land Inc. (AYAAF) earnings time is at May 13, 2026, TBA (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is AYAAF EPS forecast?
Currently, no data Available