PKXNYSESteel Works, Blast Furnaces & Rolling Mills (Coke Ovens)Fiscal year ends December 31

POSCO HOLDINGS INC.

Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026

$57.40+2.43 (+4.42%)

Close on Oct 19, 2026

Margins

Share of revenue, fiscal years 2015 to 2025

7.4%−0.7 pts over 5 years

2.1%−1.4 pts over 5 years

1.0%−1.8 pts over 5 years

Compound annual growth to fiscal 2025

Per year	1 year	3 years	5 years	10 years
Revenue	-6.1%	-6.7%	+3.7%	+1.7%
Gross profit	-6.4%	-12.6%	+1.9%	-2.3%
Operating income	+1.8%	-30.2%	-6.4%	-0.1%
Net income	-38.6%	-39.7%	-15.3%	+14.9%
EPS, diluted	-27.7%	-38.5%	-14.4%	+18.1%

10 fiscal years. Hover a measure to see how it is calculated.

Measure	FY2016	FY2020	FY2025
Return on equity	–	3.6%	1.2%
Return on assets	–	2.0%	0.7%
Current ratio	1.57	2.12	1.89
Debt to equity	0.54	0.46	0.51
Net debt to EBITDA	3.69×	2.77×	3.80×
Interest coverage	0.8×	0.7×	0.4×
Inventory turnover	–	5.1×	4.6×
Capex to revenue	4.4%	5.5%	8.2%
Diluted shares	80M	79M	76M

Return on equity split into margin, efficiency and leverage

Net margin1.0%

Asset turnover0.66×

Equity multiplier1.88×

Return on equity, FY20251.2%

Fiscal year	Net margin	Asset turnover	Equity multiplier	Return on equity
FY2025	1.0%	0.66×	1.88×	1.2%
FY2024	1.5%	0.72×	1.87×	2.1%
FY2023	2.2%	0.77×	1.88×	3.2%
FY2022	3.7%	0.89×	1.86×	6.1%
FY2021	8.7%	0.88×	1.82×	14.0%
FY2020	2.8%	0.72×	1.79×	3.6%
FY2019	2.9%	0.82×	1.80×	4.2%
FY2018	2.6%	0.82×	1.82×	3.9%
FY2017	4.6%	0.75×	1.86×	6.4%