Rockwell Land Corp. grew its net income attributable to the parent by 22 percent to P3.8 billion in the first nine months of 2026, as strong residential sales and a surge in commercial revenues boosted earnings.
Total revenues reached P19.3 billion, while consolidated net income rose 18 percent to P4.2 billion. Earnings before interest, taxes, depreciation, and amortization (EBITDA) climbed 30 percent to P8.5 billion, translating into a healthy 44 percent margin.
Residential development remained the group’s biggest earnings engine, generating P14.3 billion, or 74 percent of total revenues. Sales from premium developments grew 18 percent, led by Edades West at Rockwell Center Makati and residential lots at Cabo San Diego in Lian, Batangas.
But the growth story was not confined to property sales. Commercial revenues from malls, offices, and hotels surged 56 percent to P5.1 billion, giving the developer a bigger stream of recurring income alongside its residential business.
Retail and office revenues reached P3.1 billion, buoyed by improved occupancy and higher average rental yields. The acquisition of Alabang Town Center through Alabang Commercial Corp. provided a significant boost, expanding Rockwell’s commercial footprint.
The stronger earnings came as the company continued to invest heavily in its next phase of expansion. Rockwell Land spent P9.5 billion on capital expenditures during the nine-month period, funding strategic land acquisitions and ongoing developments in Makati, Batangas, Pampanga, and Cebu.
The results highlight Rockwell’s effort to balance its traditional strength in premium residential developments with a growing portfolio of income-generating commercial properties. The combination gives the company two engines of growth: selling homes today and collecting rent long after the construction dust settles.
