Escalate : Economics and Business Journal
Vol. 4 No. 4 (2026): Escalate : Economics and Business Journal

Comparison of the Financial Performance of PT. Metropolitan Kentjana Tbk and PT. Agung Podomoro Land Tbk for the 2014-2024 Period

Ade Anissafitri (Program Studi Manajemen Fakultas Ekonomi Dan Bisnis Universitas Pamulang Tangerang Selatan)
Iriana Kusuma Dewi (Program Studi Manajemen Fakultas Ekonomi Dan Bisnis Universitas Pamulang Tangerang Selatan)



Article Info

Publish Date
21 Oct 2026

Abstract

Competition in the property and real estate sector and changes in economic conditions require companies to maintain financial performance through efficiency and optimal resource management. This study aims to compare the financial performance of PT Metropolitan Kentjana Tbk and PT Agung Podomoro Land Tbk for the 2014–2024 period based on profitability, liquidity, and solvency ratios. The study uses a quantitative descriptive approach with a population and sample of 22 annual financial reports of both companies for 2014–2024. The research instrument uses financial report documentation, while data analysis is carried out through the calculation and comparison of Net Profit Margin (NPM), Operating Profit Margin (OPM), Current Ratio (CR), Quick Ratio (QR), Debt to Equity Ratio (DER), and Times Interest Earned (TIE). The results show that PT Metropolitan Kentjana Tbk is superior in profitability and solvency, with an average NPM of 37.12%, OPM of 38.94%, DER of 49.07%, and TIE of 15 times. PT Agung Podomoro Land Tbk has a higher CR, but a lower QR. In conclusion, PT Metropolitan Kentjana Tbk has a better overall financial performance, while PT Agung Podomoro Land Tbk needs to strengthen its profitability, liquidity, and capital structure.

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Journal Info

Abbrev

escalate

Publisher

Subject

Economics, Econometrics & Finance

Description

Escalate invites both empirical and theoretical articles that explore micro and macro phenomena. The journals publication scope encompasses a wide array of domains, including macro and micro economics, business strategy and policy, entrepreneurship, finance and accounting studies, human resource ...