KT&G Corporation (KRX:033780)
South Korea · Delayed Price · Currency is KRW 176,900
+2,200 (1.26%)
Last updated: Oct 2, 2026, 3:00 PM KST
KT&G Corporation Cash Flow Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Net Income | 364,271 | 380,537 | 271,875 | 419,254 | 143,327 | 255,616 | 325,302 | 241,243 | 312,836 | 286,346 | 98,062 | 333,300 | 200,798 | 270,502 | -51,949 | 464,129 | 339,538 | 264,067 | 93,970 | 361,366 |
Depreciation & Amortization | 79,957 | 78,129 | 77,596 | 75,235 | 71,083 | 68,753 | 65,580 | 62,284 | 61,581 | 60,815 | 122,477 | - | 59,472 | 59,124 | 60,517 | 54,178 | 55,978 | 54,782 | 54,674 | 54,651 |
Loss (Gain) From Sale of Assets | 362 | -6,720 | -224,183 | 1,259 | -4,389 | -74 | -60,991 | -3,850 | -6,779 | -4,826 | -2,432 | - | -1,964 | -3,580 | -515 | -3,225 | -11,010 | -21,076 | 1,120 | 1,144 |
Asset Writedown & Restructuring Costs | 184 | 322 | 136,607 | 143 | 113 | 213 | 72,097 | 350 | 783 | 41 | 4,405 | - | 5,977 | 77 | 24,042 | 10 | 569 | 33 | 24,733 | 142 |
Loss (Gain) From Sale of Investments | - | -6 | 6 | - | - | - | - | - | - | - | -9 | - | - | - | -24 | -168 | - | - | -32 | -480 |
Loss (Gain) on Equity Investments | -18,438 | -17,912 | -6,540 | -18,915 | -6,478 | -7,353 | -4,197 | -5,323 | -4,620 | -5,092 | -12,224 | - | 857 | 1,757 | 1,069 | -15,647 | -826 | -13,966 | -11,964 | 141 |
Stock-Based Compensation | 449 | 1,009 | 302 | 518 | 517 | 895 | 434 | 434 | 434 | 191 | 79 | - | 79 | - | - | - | - | - | - | - |
Provision & Write-off of Bad Debts | -60 | 8,008 | 5,013 | -436 | -5,616 | 1,312 | -1,168 | 150 | -32,160 | 11,109 | 5,726 | - | -16,324 | -2,604 | -8,741 | 14,306 | -284 | 138 | -13,653 | -567 |
Other Operating Activities | -25,898 | -52,045 | 99,680 | -66,947 | 98,113 | 114 | -93,502 | 57,924 | -65,113 | -84,640 | -495,368 | 562,800 | -74,077 | -36,271 | 253,732 | -170,980 | -107,673 | 27,414 | 123,288 | -73,349 |
Change in Accounts Receivable | -135,299 | -135,085 | 344,597 | -446,305 | -135,118 | 116,056 | -104,619 | 14,212 | -447 | 78,019 | 230,769 | - | -29,058 | -193,000 | -123,778 | -166,400 | -98,744 | -159,982 | 241,176 | 191,137 |
Change in Inventory | 44,350 | 94,285 | -131,608 | -107,747 | 65,331 | 8,083 | -297,344 | 50,787 | 65,896 | 5,130 | -73,068 | - | 40,398 | 51,655 | -260,315 | -26,280 | 72,177 | 116,056 | -119,117 | 118,053 |
Change in Accounts Payable | 102,853 | -65,563 | -343,989 | 295,557 | 39,397 | -155,221 | 1,298 | -26,904 | -20,916 | 79,388 | 391,274 | - | 254,473 | -307,678 | 501,901 | -64,399 | 76,575 | 30,759 | -68,250 | 45,488 |
Change in Income Taxes | 121,998 | 19,423 | -234,939 | 109,964 | 67,436 | -11,473 | -57,506 | -61,566 | 94,441 | 36,851 | -119,935 | - | 908 | 90,670 | -157,046 | 126,001 | 157,411 | -168,687 | 47,270 | 117,691 |
Change in Other Net Operating Assets | -155,457 | 81,838 | -75,511 | 14,248 | -45,283 | -177,213 | 61,773 | 31,694 | -199,440 | -116,145 | 88,406 | - | -159,388 | -81,072 | -99,554 | -104,883 | -44,654 | 73,311 | -157,287 | -17,242 |
Operating Cash Flow | 379,272 | 386,220 | -81,094 | 275,828 | 288,433 | 99,708 | -92,843 | 361,435 | 206,496 | 347,187 | 238,162 | 896,100 | 282,151 | -150,420 | 139,339 | 106,641 | 439,057 | 202,849 | 215,928 | 798,175 |
Operating Cash Flow Growth (YoY) | 31.49% | 287.35% | - | -23.69% | 39.68% | -71.28% | - | -59.67% | -26.81% | - | 70.92% | 740.29% | -35.74% | - | -35.47% | -86.64% | 63.51% | 47.84% | - | 322.81% |
Investing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Capital Expenditures | -165,686 | -52,984 | -140,802 | -154,703 | -230,805 | -120,465 | -269,998 | -170,859 | -174,385 | -166,961 | 387 | -292,500 | -105,700 | -98,788 | -122,761 | -81,050 | -41,754 | -27,018 | -192,658 | -47,778 |
Sale of Property, Plant & Equipment | -200 | 4,661 | 263,003 | 1,783 | 7,965 | 428 | 11,527 | 5,082 | 15,472 | 11,336 | 6,957 | - | 7,351 | 5,750 | -403.46 | 6,114 | -362.62 | 672.85 | -227 | 1,617 |
Cash Acquisitions | - | - | - | - | -10,823 | - | -6,255 | - | - | - | -47,298 | - | - | - | - | - | - | - | - | - |
Divestitures | - | - | - | -123 | 35,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Sale (Purchase) of Intangibles | -6,124 | -11,302 | -8,973 | -12,592 | -6,703 | -3,024 | -4,339 | -8,721 | -5,218 | -9,387 | -15,828 | - | -9,600 | -14,150 | -14,616 | -1,403 | -20,600 | -4,582 | -17,311 | -12,886 |
Investment in Securities | 61,814 | -154,008 | 185,605 | 19,663 | 41,819 | -618 | 4,427 | 198,788 | 64,183 | -256,082 | -431,730 | - | 5,695 | 140,623 | 234,540 | 353,539 | 412,241 | -283,658 | -123,280 | -332,943 |
Other Investing Activities | 11,590 | 84,966 | 151,030 | 32,062 | 56,987 | 25,646 | 152,511 | 21,603 | 24,079 | 41,071 | 179,850 | -127,700 | -15,931 | 46,887 | 21,287 | 16,743 | 39,265 | 55,508 | 13,658 | 12,514 |
Investing Cash Flow | -105,502 | -151,379 | 456,357 | -100,299 | -129,542 | -125,462 | -104,994 | 44,902 | -84,691 | -384,943 | -356,877 | -420,200 | -151,380 | 80,161 | 116,615 | 296,694 | 395,843 | -261,608 | -320,518 | -377,299 |
Financing Activities
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Long-Term Debt Issued | - | 783,412 | - | - | - | 853,512 | - | - | - | 59,496 | - | - | - | 297,181 | - | - | - | 45,721 | - | - |
Total Debt Issued | 1,181,805 | 783,412 | 467,235 | 971,034 | 1,370,509 | 853,512 | 1,284,796 | 591,039 | 400,061 | 59,496 | 1,505,549 | - | 373,500 | 297,181 | 142,683 | 35,904 | 25,500 | 45,721 | 78,003 | 35,569 |
Long-Term Debt Repaid | - | -909,327 | - | - | - | -959,635 | - | - | - | -14,487 | - | - | - | -297,162 | - | - | - | -35,141 | - | - |
Total Debt Repaid | -967,248 | -909,327 | -883,995 | -618,885 | -910,566 | -959,635 | -1,044,523 | -263,992 | -128,998 | -14,487 | -1,186,298 | - | -364,028 | -297,162 | -144,347 | -25,015 | -34,031 | -35,141 | -77,088 | -30,625 |
Net Debt Issued (Repaid) | 214,557 | -125,915 | -416,760 | 352,149 | 459,943 | -106,123 | 240,273 | 327,047 | 271,063 | 45,009 | 319,251 | - | 9,472 | 19 | -1,665 | 10,890 | -8,531 | 10,580 | 915.09 | 4,944 |
Repurchase of Common Stock | - | - | -191,288 | -368,824 | - | - | -204,708 | -342,133 | - | - | -302,728 | - | - | - | -356,951 | - | - | - | -348,364 | - |
Dividends Paid | -477,530 | -1,875 | -864 | -149,899 | -453,069 | - | -1 | -135,379 | -451,240 | - | -195,034 | - | -581,400 | - | -0.37 | - | -575,904 | - | - | - |
Other Financing Activities | -25,792 | -14,260 | -25,798 | -14,182 | -16,658 | -16,520 | -10,511 | 749 | -16,429 | -17,178 | 704,800 | -725,500 | -920 | -3,787 | -7,120 | -1,027 | -1,270 | -788.39 | -558.57 | -913.99 |
Financing Cash Flow | -288,765 | -142,050 | -634,710 | -180,756 | -9,784 | -122,643 | 25,053 | -149,716 | -196,606 | 27,831 | 526,289 | -725,500 | -572,848 | -3,768 | -365,736 | 9,862 | -585,704 | 9,792 | -348,007 | 4,030 |
Net Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Foreign Exchange Rate Adjustments | -4,083 | 95,113 | 19,854 | 18,792 | -28,292 | 31,145 | 88,903 | -60,936 | 53,998 | 22,939 | -37,256 | 22,200 | -2,271 | 6,392 | -79,037 | -420.42 | 31,267 | -1,008 | 38,263 | -2,409 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | - | - | - | - | - | - | 14,000 | -14,000 | - | - | - | - | - | - | - | - |
Net Cash Flow | -19,078 | 187,904 | -239,593 | 13,565 | 120,815 | -117,252 | -83,881 | 195,685 | -20,803 | 13,014 | 384,318 | -241,400 | -444,348 | -67,635 | -188,818 | 412,778 | 280,463 | -49,975 | -414,335 | 422,497 |
Free Cash Flow
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Free Cash Flow | 213,586 | 333,236 | -221,896 | 121,125 | 57,628 | -20,757 | -362,841 | 190,576 | 32,111 | 180,226 | 238,549 | 603,600 | 176,451 | -249,208 | 16,579 | 25,591 | 397,303 | 175,831 | 23,270 | 750,396 |
Free Cash Flow Growth (YoY) | 270.63% | - | - | -36.44% | 79.47% | - | - | -68.43% | -81.80% | - | 1338.88% | 2258.60% | -55.59% | - | -28.75% | -96.59% | 69.44% | 127.16% | - | 639.34% |
Free Cash Flow Margin | 12.55% | 19.56% | -12.95% | 6.63% | 3.72% | -1.39% | -23.31% | 11.65% | 2.25% | 13.95% | 16.55% | 35.73% | 13.21% | -17.86% | 1.18% | 1.57% | 28.03% | 12.54% | 1.86% | 50.21% |
Free Cash Flow Per Share | 2057.46 | 3210.32 | -2134.69 | 1126.16 | 533.95 | -192.49 | -3343.60 | 1789.29 | 278.09 | 1565.94 | 2115.34 | 5208.17 | 1528.77 | -2142.83 | 139.69 | 213.28 | 3311.34 | 1465.55 | 189.65 | 6046.93 |
Levered Free Cash Flow | -312,202 | 747,732 | -206,445 | -11,464 | -322,958 | 359,737 | -785,331 | 492,991 | -371,488 | 344,167 | - | - | -463,272 | 192,166 | 24,515 | -56,435 | -200,947 | 732,260 | 111,641 | 661,125 |
Unlevered Free Cash Flow | -297,776 | 760,474 | -192,008 | 1,161 | -311,395 | 367,531 | -778,670 | 501,254 | -366,121 | 350,182 | - | - | -460,061 | 205,759 | 30,522 | -50,654 | -196,551 | 737,808 | 115,642 | 665,487 |
Additional Metrics
Fiscal Quarter | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Sep '25 Sep 30, 2025 | Jun '25 Jun 30, 2025 | Mar '25 Mar 31, 2025 | Dec '24 Dec 31, 2024 | Sep '24 Sep 30, 2024 | Jun '24 Jun 30, 2024 | Mar '24 Mar 31, 2024 | Dec '23 Dec 31, 2023 | Sep '23 Sep 30, 2023 | Jun '23 Jun 30, 2023 | Mar '23 Mar 31, 2023 | Dec '22 Dec 31, 2022 | Sep '22 Sep 30, 2022 | Jun '22 Jun 30, 2022 | Mar '22 Mar 31, 2022 | Dec '21 Dec 31, 2021 | Sep '21 Sep 30, 2021 |
Cash Interest Paid | 25,792 | 14,260 | 25,798 | 14,182 | 16,658 | 16,520 | 10,411 | - | 16,529 | 17,178 | 20,700 | - | 920 | 3,787 | 7,120 | 1,027 | 1,270 | 788.39 | 558.57 | 913.99 |
Cash Income Tax Paid | 138,155 | 99,661 | 28,717 | 149,197 | 121,125 | 87,220 | 10,636 | 124,896 | 127,018 | 63,838 | - | 373,000 | 138,355 | 88,898 | 31,688 | 170,051 | 130,890 | 89,775 | 4,035 | 176,904 |
Change in Working Capital | -21,555 | -5,102 | -441,450 | -134,283 | -8,237 | -219,768 | -396,398 | 8,223 | -60,466 | 83,243 | 517,446 | - | 107,333 | -439,425 | -138,792 | -235,961 | 162,765 | -108,543 | -56,208 | 455,127 |