POSCO Holdings Inc. (PKX)
NYSE: PKX · Real-Time Price · USD
57.34
+0.06 (0.10%)
At close: Aug 21, 2026, 4:00 PM EDT
57.10
-0.24 (-0.42%)
After-hours: Aug 21, 2026, 7:30 PM EDT
POSCO Holdings Cash Flow Statement
Financials in millions KRW. Fiscal year is January - December.
Millions KRW. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 1,347,454 | 657,654 | 1,094,917 | 1,698,092 | 3,144,087 | 6,617,239 |
Depreciation & Amortization | 4,226,788 | 4,123,289 | 3,920,699 | 3,844,653 | 3,693,579 | 3,579,446 |
Other Amortization | 50,481 | 50,481 | 63,760 | - | - | - |
Loss (Gain) From Sale of Assets | 78,718 | 5,290 | 146,951 | 218,490 | 41,283 | 23,496 |
Asset Writedown & Restructuring Costs | 162,288 | 172,745 | 656,115 | 405,753 | 583,845 | 535,848 |
Loss (Gain) on Equity Investments | -717,688 | -349,910 | 256,458 | -447,923 | -677,764 | -722,668 |
Provision & Write-off of Bad Debts | 202,276 | 203,802 | 185,129 | 265,914 | 34,615 | 27,178 |
Other Operating Activities | 852,496 | 513,453 | 2,758 | 1,269,973 | -297,514 | 3,269,401 |
Change in Accounts Receivable | -2,233,235 | -663,252 | 1,566,091 | -1,127,629 | 547,480 | -1,565,327 |
Change in Inventory | -1,747,591 | 566,606 | 218,506 | 1,383,720 | -415,596 | -6,049,837 |
Change in Accounts Payable | -31,313 | -916,576 | -376,277 | -118,796 | 141,925 | 1,401,942 |
Change in Other Net Operating Assets | 657,092 | 208,328 | -1,071,452 | -1,224,552 | -609,173 | -857,352 |
Operating Cash Flow | 2,847,767 | 4,571,910 | 6,663,655 | 6,167,695 | 6,186,765 | 6,259,365 |
Operating Cash Flow Growth | -52.70% | -31.39% | 8.04% | -0.31% | -1.16% | -27.93% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -4,914,470 | -5,665,151 | -7,669,700 | -6,801,227 | -4,929,147 | -3,171,589 |
Sale of Property, Plant & Equipment | 972,965 | 1,060,228 | 54,496 | 707.17 | 24,265 | 3,809 |
Cash Acquisitions | -807,255 | -807,255 | - | -150,201 | -901,223 | - |
Divestitures | 556,655 | 71,597 | - | - | - | 5,472 |
Sale (Purchase) of Intangibles | -492,354 | -568,119 | -481,074 | -451,554 | -485,125 | -421,637 |
Sale (Purchase) of Real Estate | -2,211 | -2,211 | -3,465 | - | - | - |
Investment in Securities | 949,123 | -435,237 | 3,471,766 | -174,882 | 1,681,940 | -2,208,992 |
Other Investing Activities | -411,747 | -189,202 | 145,690 | 5,181 | 335,251 | 69,835 |
Investing Cash Flow | -4,122,930 | -6,687,278 | -4,486,783 | -7,388,224 | -4,219,871 | -5,583,508 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | 2,158,541 | - | - | 1,764,569 | - |
Long-Term Debt Issued | - | 5,393,340 | 5,899,541 | 7,817,217 | 4,553,746 | 4,358,955 |
Total Debt Issued | 7,158,560 | 7,551,881 | 5,899,541 | 7,817,217 | 6,318,315 | 4,358,955 |
Short-Term Debt Repaid | - | - | -217,759 | -2,524,077 | - | -329,897 |
Long-Term Debt Repaid | - | -5,301,757 | -7,728,278 | -4,683,942 | -4,406,136 | -4,000,830 |
Total Debt Repaid | -6,535,292 | -5,301,757 | -7,946,037 | -7,208,020 | -4,406,136 | -4,330,727 |
Net Debt Issued (Repaid) | 623,268 | 2,250,124 | -2,046,496 | 609,197 | 1,912,179 | 28,228 |
Repurchase of Common Stock | - | - | -92,311 | - | - | -116,771 |
Common Dividends Paid | - | -915,216 | -844,195 | - | - | - |
Dividends Paid | - | -915,216 | -844,195 | -815,451 | -1,218,405 | -1,310,920 |
Other Financing Activities | 631,051 | 1,067,940 | 681,269 | 27,661 | 625,634 | 630,796 |
Financing Cash Flow | 339,103 | 2,402,848 | -2,301,733 | -178,593 | 1,319,408 | -768,666 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | 273,697 | -5,577 | 221,880 | 16,718 | -8,741 | 112,951 |
Miscellaneous Cash Flow Adjustments | 7,002 | - | - | - | - | -0 |
Net Cash Flow | -655,360 | 281,903 | 97,019 | -1,382,403 | 3,277,562 | 20,143 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | -2,066,703 | -1,093,241 | -1,006,045 | -633,532 | 1,257,617 | 3,087,777 |
Free Cash Flow Growth | - | - | - | - | -59.27% | -43.73% |
Free Cash Flow Margin | -2.90% | -1.58% | -1.38% | -0.82% | 1.48% | 4.04% |
Free Cash Flow Per Share | -27328.49 | -14456.89 | -12899.59 | -8350.28 | 15938.10 | 40263.96 |
Levered Free Cash Flow | -3,462,723 | -896,208 | 7,528,653 | -1,569,391 | -535,825 | 677,756 |
Unlevered Free Cash Flow | -2,754,433 | -214,044 | 8,185,848 | -943,585 | -156,163 | 952,647 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 1,164,125 | 1,085,791 | 1,028,654 | 1,048,047 | 577,260 | 450,288 |
Cash Income Tax Paid | 628,468 | 840,338 | 553,706 | 727,437 | 2,773,599 | 588,968 |
Change in Working Capital | -3,355,047 | -804,894 | 336,868 | -1,087,257 | -335,364 | -7,070,574 |