Lopez Holdings

What Lopez Holdings does

Lopez Holdings Corporation (PSE: LPZ) is a publicly listed Philippine holding company incorporated in 1993 by the Lopez family to serve as the family-controlled investment vehicle for interests in major development sectors, primarily multimedia communications and clean/renewable power generation. The company is headquartered in Mandaluyong City, Philippines, with 10 full-time employees at the holding-company level, and is controlled by the Lopez family through Lopez, Inc. (the family office).

Through its controlling stake in First Philippine Holdings Corporation and significant interest in ABS-CBN Corporation, Lopez Holdings maintains economic exposure to a portfolio that includes First Gen Corporation (the largest clean and renewable Independent Power Producer in the Philippines with 1,764.2 MW of installed capacity), Energy Development Corporation (the world's largest integrated geothermal power producer), ABS-CBN Corporation (the Philippines' largest news and entertainment content provider), Sky Cable Corporation (cable TV and broadband), Rockwell Land Corporation (luxury property development), First Philippine Industrial Park (industrial estate development), and First Philec Corporation (transformer manufacturing). Consolidated FY2025 revenues were P160,377 million with net income of P31,675 million on consolidated assets of P581,543 million.

The business model is that of a passive equity holder: revenue mechanics flow through dividends and capital appreciation from portfolio companies, not from direct product sales. The holding company has been debt-free since May 2017, declared cash dividends of P0.10 per share in 2025, and is governed by an experienced board led by Chairman and CEO Federico R. Lopez. Distribution to public investors occurs through listing on the Philippine Stock Exchange under ticker LPZ (4.52 billion shares outstanding, market capitalization P18.08 billion as of June 26, 2026), with the Lopez family's stated strategic direction centered on decarbonization and a regenerative future.

Name

Lopez Holdings

Legal name

Lopez Holdings Corporation

Website

https://lopez-holdings.ph

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

11–50 employees

Short description

Lopez Holdings Corporation (PSE: LPZ) is a Philippine holding company founded in 1993 that invests the Lopez family's interests in clean power generation, multimedia communications, property development, and manufacturing through controlling stakes in First Philippine Holdings and ABS-CBN Corporation.

Ownership category

akta.pro rank

Product category

Holding Company Investments

NAICS

Offices of Other Holding Companies (551112), Corporate, Subsidiary, and Regional Managing Offices (551114), Management of Companies and Enterprises (551)

SIC

Non-Operating Establishments (9995), Finance Services (6199)

akta.pro primary industry

Family Office Investment Platforms & Direct Investing (PE/VC/Co-Invest) (FSAAADAH)

Keywords

• Holding company investments
• Renewable power generation
• Multimedia communications
• Property development
• Diversified conglomerate

Headquarters

HQ city

Mandaluyong

HQ country

Philippines

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others

Revenue model

1. Dividend Income: Lopez Holdings generates returns through dividend payments from its portfolio companies including First Philippine Holdings Corporation and ABS-CBN Corporation. The company declared cash dividends of P0.10 per share in 2025.
2. Capital Appreciation: Returns are generated through appreciation in the value of investments in subsidiary and affiliate companies across power generation, multimedia communications, property development, and manufacturing sectors.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Lopez Holdings Corporation is a publicly listed Philippine holding company that invests in and oversees subsidiaries and affiliates operating in clean and renewable power generation, multimedia communications, property development, and manufacturing. Through First Philippine Holdings Corporation and ABS-CBN Corporation, the company maintains interests in energy production, media content creation and distribution, real estate, industrial parks, and transformer manufacturing. The company's single deliverable to investors is exposure to this diversified Philippine portfolio via common shares traded on the PSE.

Product overview

Lopez Holdings Corporation is a holding company that serves as the investment vehicle for the Lopez family of the Philippines, with strategic interests in two primary sectors: power and energy generation, and multimedia communications. The company does not offer a single unified product but rather holds controlling or significant interests in multiple subsidiary companies across clean energy (First Gen Corporation, Energy Development Corporation), media (ABS-CBN Corporation, Sky Cable Corporation), real estate (Rockwell Land Corporation, First Philippine Industrial Park), and manufacturing (First Philec Corporation). Through First Philippine Holdings Corporation (FPH), Lopez Holdings maintains interests in energy, real estate, manufacturing, construction and energy services. Through ABS-CBN Corporation, Lopez Holdings maintains interests in multimedia content creation, international sales and distribution of news and entertainment content, talent management, and program licensing and merchandising.

Differentiator

Problem solved

Functional benefit

Products and services

• First Gen Corporation

Quantifiable outcome

• Stock price increased by 38% to P3.72 from P2.70, while the PSEi decreased by 7% year-on-year
• +2 more outcomes

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Eight partnerships are on record, tiered minor and core.

• Balfour Beatty LtdminorStrategic or Co-development Partner · 1 January 1997Joint venture between First Holdings and Balfour Beatty Ltd of UK to pursue construction engineering and construction businesses in the country.
• Union FenosaminorStrategic or Co-development Partner · 1 January 1997Joint venture with Union Fenosa, the second largest utility company in Spain, established to pursue power projects in the Philippines.
• British Gas plcminorStrategic or Co-development Partner · 1 January 1995Joint venture to form First Gas Holdings Corporation with British Gas plc. Subsidiary First Gas Power Corporation built a 1000 MW gas-fired combined cycle power plant to supply power to Meralco.
• Sumitomo CorporationminorStrategic or Co-development Partner · 1 January 1994Joint venture partner in First Philippine Industrial Park, formed to develop a 300-hectare modern, efficient, and environment-friendly industrial park in Batangas.
• Suez Lyonnaise des Eaux (Ondeo)minorStrategic or Co-development Partner · 1 January 1994Joint venture to form Maynilad Water Services Inc. to operate and manage water and wastewater services of Western half of Metro Manila.
• Bell AtlanticminorStrategic or Co-development Partner · 1 January 1993Joint venture with Bell Atlantic of USA to form Bayan Telecommunications Holdings Corporation to engage in fixed-line, international and domestic long distance services.
• First Philippine Holdings Corporation (FPH)coreOthersFPH is the controlling shareholder of First Gen Corporation, the country's leading clean and renewable energy producer. Lopez Holdings maintains significant interests through FPH in energy, real estate, manufacturing, construction and energy services.
• ABS-CBN CorporationcoreOthersABS-CBN Corporation is the largest news and entertainment content provider in the Philippines. Lopez Holdings maintains interests in multimedia content creation, international sales and distribution, talent management, and program licensing and merchandising through ABS-CBN.

Scale indicators9 records

Recent moves15 records

Expansion highlights4 records

Others

• Meralco: Philippines' largest electric distribution utility and historically linked to the Lopez family. Relevant as a Philippine power sector peer and former family-controlled asset; the relationship illustrates the Lopez family's deep historical roots in Philippine energy infrastructure.

Broad incumbents

• PLDT Inc. Philippines' largest telecommunications company, historically associated with the Lopez family before the 2001 Master Consolidation Agreement with PLDT/Metro Pacific. Comparable given overlapping historical ownership and similar Philippine media/communications sector exposure.

Direct peers

• Ayala Corporation: The Philippines' oldest and largest conglomerate, with diversified interests in real estate (Ayala Land), banking (BPI), telecommunications (Globe), and power generation. Directly comparable as a publicly listed Philippine family-controlled holding company investing across similar sectors to Lopez Holdings.
• Aboitiz Equity Ventures: Philippine holding company with significant interests in power generation (Aboitiz Power), banking (UnionBank), and infrastructure. Closely comparable given overlap in renewable energy exposure (Aboitiz Power's hydropower and geothermal) and family-controlled governance model.
• SM Investments Corporation: Diversified Philippine holding company controlled by the Sy family with interests in retail (SM Retail), banking (BDO), and real estate (SM Prime). Comparable as a publicly listed Philippine family-controlled conglomerate with broad sector exposure and similar capital allocation role.
• JG Summit Holdings: Philippine conglomerate controlled by the Gokongwei family with interests in food (Universal Robina), real estate (Robinsons Land), airlines (Cebu Pacific), and petrochemicals. Direct peer as a diversified publicly listed Philippine holding company serving the same institutional and retail investor base.
• San Miguel Corporation: One of the Philippines' largest conglomerates with interests in food and beverage, power generation (SMC Global Power), infrastructure, and oil refining. Comparable as a large diversified Philippine holding company with material power generation exposure, though it is significantly larger and more diversified than Lopez Holdings.
• Metro Pacific Investments Corporation: Philippine infrastructure-focused holding company with interests in toll roads, water (Manila Water), power (Meralco via Beacon), and hospitals. Comparable as publicly listed Philippine holding company with infrastructure and power exposure; Lopez Holdings previously held water/toll road stakes before divesting.
• GT Capital Holdings: Philippine holding company controlled by the Ty family with interests in banking (Metrobank), automotive (Toyota Philippines), power (Global Business Power), and infrastructure. Comparable as publicly listed Philippine family-controlled holding company with similar conglomerate structure.

Regional players

• First Pacific Company: Hong Kong-based investment holding company with interests in Philippine telecoms (PLDT), Indonesian food (Indofood), and other Southeast Asian infrastructure. Directly comparable given Lopez family history with PLDT (pre-2001 Master Consolidation Agreement) and similar Southeast Asian diversified holding structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lopez-holdings-corp.

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles10 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lopez Holdings