SKMNYSERadiotelephone CommunicationsFiscal year ends December 31
SK TELECOM CO LTD
Financials through fiscal 2025, year ended Dec 31, 2025Last filing: 20-F on Apr 29, 2026
$32.30+0.34 (+1.06%)
Close on Oct 19, 2026
Margins
Share of revenue, fiscal years 2014 to 2025
Operating margin
6.1%−0.3 pts over 5 years
Net margin
2.4%−7.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -4.7% | -0.4% | +1.2% | -0.0% | |
| Operating income | -38.0% | -13.0% | +0.3% | -3.5% | |
| Net income | -67.3% | -23.5% | -23.0% | -12.3% | |
| EPS, diluted | -68.3% | -23.7% | -14.9% | -8.0% | |
| Free cash flow | -33.9% | -8.6% | -5.4% | +2.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | 6.4% | 3.3% | |
| Return on assets | – | 3.2% | 1.3% | |
| Current ratio | 0.93 | 1.07 | 1.03 | |
| Interest coverage | 4.0× | 3.2× | 2.2× | |
| Capex to revenue | 14.6% | 22.1% | 12.9% | |
| Diluted shares | 353M | 364M | 213M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Sk Telecom generated ₩24.15T from operations and spent ₩18.01T on capital expenditure, dividends and share buybacks. 75% of that went back into the business.
Generated
₩24.15T
Used
₩18.01T
Capital expenditure₩13.49T75%Dividends₩4.14T23%Share buybacks₩377.39B2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin2.4%
×Asset turnover0.56×
×Equity multiplier2.47×
=Return on equity, FY20253.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 2.4% | 0.56× | 2.47× | 3.3% |
| FY2024 | 7.0% | 0.59× | 2.63× | 10.8% |
| FY2023 | 6.2% | 0.57× | 2.71× | 9.6% |
| FY2022 | 5.3% | 0.56× | 2.72× | 8.0% |
| FY2021 | 14.4% | 0.42× | 2.23× | 13.6% |
| FY2020 | 9.4% | 0.35× | 1.99× | 6.4% |
| FY2019 | 5.8% | 0.35× | 1.93× | 3.9% |
| FY2018 | 18.5% | 0.45× | 1.88× | 15.5% |
| FY2017 | 14.8% | 0.54× | 1.91× | 15.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 7 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero₩408.41B
- Cash generatingOperating cash flow above zero₩3.92T
- Return on assets improvedROA up on the prior year4.2% → 1.3%
- Earnings backed by cashOperating cash flow above net income₩3.92T vs ₩408.41B
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose0.81 → 1.03
- No dilutionShare count did not rise213M → 213M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.60 → 0.56