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

POSCO Holdings Inc.

PKX Basic Materials Steel

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%
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 (at or above 1.5: strong)
Debt/Equity 0.30 (at or below 0.5: strong)
P/E ratio 21.08
Fwd P/E —
P/S ratio 0.34
P/B ratio 0.37
Past 5Y EPS Growth (19.65%) (below 0%: weak)
This Y EPS Growth 216.98% (at or above 15%: strong)
Next Y EPS Growth 24.11% (at or above 15%: strong)
Next Y revenue growth —
Next 5Y EPS Growth 67.40% (at or above 15%: strong)

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

Valuation vs history

EV/Sales, ten years
EV/Sales is 0.4×, against a ten-year median of 0.3×; over the ten years it ranged from 0.1× in 2022 to 0.5× in 2026.
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.

Target Price Range

Analyst price targets

Recommendation Rating

1.5
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

POSCO Holdings Inc. vs peers in Steel (Q) = latest quarter vs a year earlier

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.

Source: company filings (standardised) and stockrow calculations.

POSCO Holdings Inc. (PKX) Latest News

7 Oct

Impact 5 ·
stockrow.com/PKX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com