Tuesday 13 October 2026 Export PKX’s income statement to Excel — free account

POSCO Holdings Inc.

POSCO Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $48.3 billion, down 6.09% from fiscal 2024. In the quarter to June 2026, revenue grew 9.70%, EPS grew 271.4%, free cash flow fell 156.8% and total debt rose 31.8%, each against the same quarter a year earlier.

55.75 0.11 +0.20%

Follow PKX

Alert me

Market cap: $16.8B
P/E: 21.1×
Fwd P/E: —
Dividend yield: 2.78%
F-score: 4/9
Altman Z: 1.96
Beneish M: −2.69
Dividend safety: 16/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 16,830.00

Revenue 49,790.55

Net Income 982.55

Free Cash Flow (1,704.39)

Net Debt 3,348.60

Current Ratio 1.98

Debt/Equity 0.30

P/E ratio 21.08

Fwd P/E —

P/S ratio 0.34

P/B ratio 0.37

Past 5Y EPS Growth (19.65%)

This Y EPS Growth 216.98%

Next Y EPS Growth 24.11%

Next Y revenue growth —

Next 5Y EPS Growth 67.40%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 73.62%

10-year low 10-year high

P/S against its own 10 years 51.97%

10-year low 10-year high

P/B against its own 10 years 29.57%

10-year low 10-year high

EV/Sales against its own 10 years 76.78%

10-year low 10-year high

Dividends

Payout Ratio 0.59

Annual Dividend Rate 1.55

Annual Dividend Yield 2.78%

	total	individual payouts
2026	1.12	0.42 0.33 0.37
2025	1.77	0.44 0.46 0.45 0.42
2024	1.81	0.45 0.45 0.47 0.45
2023	1.42	0.47 0.47 0.48
2022	2.29	0.80 0.74 0.37 0.38
2021	3.60	0.67 0.86 1.05 1.01
2020	1.75	0.30 0.11 0.34 1.00
2019	2.07	0.42 0.41 0.42 0.81
2018	3.32	0.35 0.33 0.44 1.10 1.10
2017	2.83	0.33 0.33 0.33 0.33 0.34 0.34 0.82
2016	2.24	0.33 0.33 0.16 0.16 1.26

special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	14,459	10,687	11,080	10,159
Receivables	10,200	9,158	9,173	10,890
Inventory	11,646	9,925	9,618	9,777
Other	754	649	625	824
	37,386	30,846	30,509	31,657

	2023	2024	2025	Q'26
Payables	4,626	4,311	3,575	3,860
ST’ Debt	—	—	—	—
Other	4,212	3,581	3,933	4,137
	17,974	15,919	16,149	15,965

Compound Annual Growth %

	10y	5y	3y
Sales	(0.81%)	0.99%	(14.22%)
Cash Flow	(7.32%)	(14.36%)	(16.86%)
Earnings	13.79%	(17.50%)	(44.59%)
Book Value	0.74%	2.78%	(5.87%)

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	12,513	13,481	—	—	—
’25	12,206	12,289	12,083	11,713	48,291
’24	14,442	12,957	12,825	11,198	51,422
’23	15,505	16,097	15,169	14,875	61,645
’22	17,070	18,408	14,808	26,217	76,503
’21	14,462	16,463	18,573	18,910	68,408
’20	11,637	10,977	11,409	11,950	45,973

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(252)	748	—	—	—
’25	468	1,235	157	1,341	3,200
’24	228	1,925	937	1,575	4,665
’23	(217)	1,917	1,723	1,510	4,934
’22	8	219	1,889	3,452	5,568
’21	514	1,480	1,434	2,206	5,633
’20	1,380	1,700	1,709	2,159	6,949

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(987)	(107)	—	—	—
’25	(591)	188	(655)	45	(1,013)
’24	(1,305)	702	(447)	39	(1,010)
’23	(1,364)	557	390	(405)	(823)
’22	(764)	(646)	1,342	765	697
’21	(10)	792	706	994	2,482
’20	565	1,101	1,227	1,321	4,214

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.01	1.30	—	—	—
’25	0.64	0.35	0.94	(0.61)	1.43
’24	1.22	1.14	1.01	(1.19)	2.10
’23	2.17	1.73	1.38	(0.52)	4.29
’22	4.49	3.86	1.46	(0.54)	9.09
’21	3.03	4.90	7.10	3.86	18.64
’20	1.03	0.10	1.17	2.00	4.27

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	30.97	50.37	52.53	41.14	26.27	54.40	36.53	53.12	42.74	39.40	Analyst estimates 2026–2028 Powerpack
	High	60.13	79.53	93.12	62.95	64.87	92.19	65.11	133.09	93.19	61.24
People
People	Employees	31,768	32,287	33,784	35,261	35,393	36,619	38,175	44,501	44,502	42,873
	Revenue/emp, $m	1.50	1.68	1.75	1.47	1.30	1.87	2.00	1.39	1.16	1.13
Income, $m
Income, $m	Revenue	47,646	54,168	59,291	51,829	45,973	68,408	76,503	61,645	51,422	48,291
	Gross margin, %	12.60	13.74	12.32	9.76	8.12	15.60	9.04	8.33	7.47	7.45
	EBT	1,270	3,686	3,291	2,501	1,578	8,451	3,643	2,108	928	797
	EBT margin, %	2.67	6.80	5.55	4.83	3.43	12.35	4.76	3.42	1.81	1.65
	Net income	929	2,618	1,758	1,631	1,399	6,458	3,227	1,477	704	369
	Depreciation	2,892	2,968	2,974	2,769	2,897	3,222	3,324	3,076	2,789	2,911
Per share, $
Per share, $	Revenue	148.90	169.28	185.28	161.73	143.66	225.93	252.27	203.13	169.67	159.65
	Earnings	3.57	7.75	4.76	4.86	4.27	19.07	9.09	4.29	2.10	1.43
	Cash flow	14.82	15.77	16.69	14.99	21.71	18.61	18.36	16.26	15.39	10.58
	Capex	(6.78)	(7.21)	(6.87)	(6.85)	(8.55)	(10.41)	(16.06)	(18.97)	(18.72)	(13.93)
	Free cash flow	8.04	8.56	9.82	8.14	13.17	8.20	2.30	(2.71)	(3.33)	(3.35)
	Book value	128.72	133.11	132.72	119.24	119.01	162.63	172.70	157.11	141.91	144.39
	Shares, m	320	320	320	320	320	303	303	303	303	302
Valuation, ×
Valuation, ×	P/E	14.76	11.00	11.62	11.13	14.49	3.03	5.43	19.39	19.89	40.31
	P/S	0.36	0.49	0.30	0.31	0.43	0.26	0.21	0.45	0.26	0.33
	P/B	0.42	0.62	0.41	0.42	0.52	0.36	0.31	0.59	0.31	0.37
	EV/Sales	0.45	0.49	0.28	0.30	0.35	0.19	0.13	0.41	0.25	0.33
	EV/FCF	8.33	9.66	5.36	6.03	3.85	5.18	14.75	(31.04)	(12.74)	(15.64)
Cash, $m
Cash, $m	Operating cash flow	4,742	5,047	5,341	4,804	6,949	5,633	5,568	4,934	4,665	3,200
	Capex	(2,168)	(2,307)	(2,198)	(2,194)	(2,735)	(3,151)	(4,871)	(5,757)	(5,675)	(4,213)
	Free cash flow	2,574	2,740	3,144	2,609	4,214	2,482	697	(823)	(1,010)	(1,013)
Balance, $m
Balance, $m	Working capital	9,640	11,119	13,396	14,875	15,355	23,534	22,328	19,411	14,927	14,360
	Total debt	11,259	8,810	9,027	9,515	9,456	11,620	11,151	12,009	10,417	11,462
	Net debt	4,354	118	(733)	(494)	(3,715)	(4,781)	(5,916)	(2,450)	(270)	382
	Shareholders’ equity	41,189	42,594	42,472	38,211	38,083	49,243	52,373	47,679	43,010	43,675
Returns, %
Returns, %	ROA	1.65	3.45	2.15	2.20	1.99	8.10	3.30	1.60	1.03	0.66
	ROIC	2.82	5.53	5.70	4.38	3.07	11.09	5.26	3.03	1.49	1.47
	ROE	2.91	5.92	3.62	3.68	3.32	13.62	5.59	2.72	1.74	1.12

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NUE Nucor Corporation	$56.8B	20.1×	16.9×	+22.95% (above 0%: growing)	+94.23% (above 0%: growing)	+549.46% (above 0%: growing)	19.56%	15.67%	Compare
MT ArcelorMittal	$48.3B	26.3×	14.7×	+5.24% (above 0%: growing)	−61.70% (below 0%: shrinking)	−126.60% (below 0%: shrinking)	10.95%	6.29%	Compare
STLD Steel Dynamics, Inc.	$34.2B	21.6×	17.8×	+33.44% (above 0%: growing)	+84.58% (above 0%: growing)	+2,189.86% (above 0%: growing)	15.74%	11.50%	Compare
RS Reliance, Inc.	$20.6B	23.2×	20.2×	+26.51% (above 0%: growing)	+42.57% (above 0%: growing)	−45.43% (below 0%: shrinking)	28.09%	9.54%	Compare
PKX POSCO Holdings Inc.	$17.4B	21.1×	—	+9.70% (above 0%: growing)	+271.43% (above 0%: growing)	−156.79% (below 0%: shrinking)	8.62%	4.25%
TX Ternium S.A.	$11.4B	16.3×	9.2×	+9.97% (above 0%: growing)	+59.09% (above 0%: growing)	−174.72% (below 0%: shrinking)	21.68%	12.17%	Compare
CLF Cleveland-Cliffs Inc.	$7.4B	— (loss-making)	— (loss-making)	+5.92% (above 0%: growing)	n/m	+208.96% (above 0%: growing)	2.53%	(0.94%)	Compare
GGB Gerdau S.A.	$6.3B	22.3×	—	+14.33% (above 0%: growing)	+87.50% (above 0%: growing)	+171.99% (above 0%: growing)	15.83%	13.05%	Compare
SIM Grupo Simec, S.A. de C.V.	$4.8B	22.9×	28.5×	+29.60% (above 0%: growing)	n/m	+51.13% (above 0%: growing)	24.99%	15.91%	Compare
Median of peers	$16.0B	22.3×	17.4×	+18.64%	+71.84%	+111.56%	17.70%	11.84%

All 21 Steel stocks →

POSCO Holdings Inc. (PKX) key facts

Concern: POSCO Holdings Inc.’s revenue for fiscal 2025 (year ended December 2025) was $48.3 billion, down 6.09% from fiscal 2024.
POSCO Holdings Inc. (PKX) is a Steel company in the Basic Materials sector, traded in the US as an ADR.
As of October 12, 2026, PKX traded at $55.64, a market capitalization of $16.8 billion.
POSCO Holdings Inc. pays an annual dividend of $1.55 per share, a yield of 2.78%, with a payout ratio of 58.6%.
Return on equity was 1.12% and debt-to-equity 0.30.
Its Piotroski F-score is 4 out of 9 and its Altman Z-score is 1.96 (grey zone) for fiscal 2025.