POSCO Holdings Inc. financial statements, 6 years: ROE ranged between 13.1% and 0.8%
Consolidated financial statements for 2020–2025 and the 2026 half-year report that POSCO Holdings Inc. filed with DART, laid out by year. No interpretation or outlook.
POSCO Holdings Inc. financial statements, 6 years: ROE ranged between 13.1% and 0.8%
The consolidated financial statements in the 2020–2025 annual reports that POSCO Holdings Inc. (005490) filed with Korea’s DART electronic disclosure system, laid out by year. Figures from the 2026 half-year report cover a different period and are shown separately. Every figure below is taken as filed in the DART submissions; there is no interpretation or outlook. Amounts are in Korean won (KRW; bn = billion, tn = trillion).
1. Income statement — revenue peaked in 2022
| Fiscal year | Revenue | Revenue change | Operating income | Op. income change | Operating margin | Net income |
|---|---|---|---|---|---|---|
| 2020 | 57.79tn | — | 2.40tn | — | 4.2% | 1.79tn |
| 2021 | 76.33tn | +32.08% | 9.24tn | +284.43% | 12.1% | 7.20tn |
| 2022 | 84.75tn | +11.03% | 4.85tn | −47.50% | 5.7% | 3.56tn |
| 2023 | 77.13tn | −8.99% | 3.53tn | −27.19% | 4.6% | 1.85tn |
| 2024 | 72.69tn | −5.76% | 2.17tn | −38.45% | 3.0% | 947.6bn |
| 2025 | 69.09tn | −4.94% | 1.83tn | −15.94% | 2.6% | 504.4bn |
Revenue was largest in 2022 at KRW 84.75tn and smallest in 2020 at KRW 57.79tn among the six years. It fell from the previous year 3 times: 2023 (−8.99%), 2024 (−5.76%), 2025 (−4.94%).
Operating income was largest in 2021 at KRW 9.24tn and smallest in 2025 at KRW 1.83tn. The operating margin was highest in 2021 at 12.1%.
Net income was largest in 2021 at KRW 7.20tn and smallest in 2025 at KRW 504.4bn.
2. Financial position — equity became 1.31x
| Fiscal year | Total assets | Total equity | Debt ratio | Current ratio |
|---|---|---|---|---|
| 2020 | 79.09tn | 47.67tn | 65.9% | 212.6% |
| 2021 | 91.47tn | 54.80tn | 66.9% | 221.1% |
| 2022 | 98.41tn | 58.26tn | 68.9% | 205.5% |
| 2023 | 100.95tn | 59.66tn | 69.2% | 211.4% |
| 2024 | 103.40tn | 61.45tn | 68.3% | 193.3% |
| 2025 | 105.19tn | 62.38tn | 68.6% | 188.0% |
The debt ratio was highest in 2023 at 69.2% and lowest in 2020 at 65.9%.
Over the same period total assets went from KRW 79.09tn to KRW 105.19tn (1.33x), and total equity went from KRW 47.67tn to KRW 62.38tn and became 1.31x.
The current ratio was above 100% in all six years, ranging from 188.0% to 221.1%.
3. Cash flow — ROE high 13.1%, low 0.8%
| Fiscal year | Operating cash flow | Net income | Operating CF ÷ net income | ROE |
|---|---|---|---|---|
| 2020 | 8.69tn | 1.79tn | 4.86x | 3.8% |
| 2021 | 6.26tn | 7.20tn | 0.87x | 13.1% |
| 2022 | 6.19tn | 3.56tn | 1.74x | 6.1% |
| 2023 | 6.17tn | 1.85tn | 3.34x | 3.1% |
| 2024 | 6.66tn | 947.6bn | 7.03x | 1.5% |
| 2025 | 4.57tn | 504.4bn | 9.06x | 0.8% |
Operating cash flow was positive in all six years. It was largest in 2020 at KRW 8.69tn and smallest in 2025 at KRW 4.57tn.
ROE was highest in 2021 at 13.1% and lowest in 2025 at 0.8%.
4. Latest half-year report (end of H1, 59th fiscal period, consolidated basis)
The period differs, so these figures cannot be compared directly with the annual tables above. Only cumulative figures for the same period of the previous year are compared.
| Item | 2026 cumulative | Same period last year | Change |
|---|---|---|---|
| Revenue | 37.13tn | 34.99tn | +6.12% |
| Operating income | 1.53tn | 1.18tn | +29.79% |
| Net income | 1.30tn | 428.1bn | +204.78% |
| Finance income | 2.32tn | 2.07tn | +12.32% |
| Operating cash flow | 708.6bn | — | — |
At the end of the period, total assets were KRW 109.71tn, total liabilities KRW 45.55tn and total equity KRW 64.16tn.
The cumulative operating margin was 4.1%.
5. Ownership, dividends and staff (as of the 2025 annual report)
- Largest shareholder: National Pension Service, stake 7.96%
- Cash dividend per share KRW 10,000, payout ratio 115.00%, dividend yield 2.80%
- Employees: 524, average pay per employee KRW 147m
How to read this
This page lays out the filed figures by year and nothing more. Financial statements do not say why the numbers moved, so neither do we.
The order of publication follows revenue in the latest fiscal year and has nothing to do with the content.
To check the same figures, search for the company on DART and open the consolidated financial statements in its annual reports. Every number here was computed from the 2020–2025 annual reports and the interim report downloaded through the OpenDART API on 2026-09-21; ratios divide the filed account amounts.
This article is for information only and is not investment advice.