ICTSI net income rises 23% to US$1.05b in 2025

Revenues climb 18% as throughput rises.

International Container Terminal Services, Inc. said net income attributable to equity holders rose 23% to US$1.05b in 2025.

Gross revenues from port operations increased 18% to US$3.23b, whilst EBITDA improved 21% to US$2.14b, and EBITDA margin rose to 66% from 65%.

ICTSI said recurring net income, excluding the impact of nonrecurring income and charges as well as new and discontinued operations, would have grown 26%, and diluted earnings per share increased 25% to US$0.510 from US$0.407.

Consolidated volume rose 11% to 14,501,189 TEUs, which ICTSI attributed to improvement in trade activities across all regions, particularly the recovery in Guayaquil, Ecuador.

Capital expenditures, excluding capitalised borrowing costs, amounted to US$650.44m in 2025, which ICTSI said was mainly used for expansions and upgrades across terminals including projects in Mexico, the Philippines, the Democratic Republic of Congo, and Brazil, as well as an upfront payment for Batu Ampar Container Terminal in Batam, Indonesia.