Quick answer: latest quarter results, by ticker or company name

Reported Q: Q3 2024 Rev YoY: -3.4% EPS YoY: -7.1% Move: +2.06%

POSCO Holdings Inc

005490.KS

KRW371 000 2.06%

Exchange KSC Sector Basic Materials Industry Steel

Q3 2024

Published: Sep 30, 2024

Company Status Snapshot

Fast view of the latest quarter outcome for 005490.KS

Reported

Report Date

Sep 30, 2024

Quarter Q3 2024

Revenue

18,321.37B

YoY: -3.4%

EPS

5.69K

YoY: -7.1%

Market Move

+2.06%

Previous quarter: Q2 2024

Follow this company to get upcoming quarter alerts automatically.

Earnings Highlights

Revenue of $18,321.37B down 3.4% year-over-year
EPS of $5,694.00 decreased by 7.1% from previous year
Gross margin of 8.2%
Net income of 452.65B
""...we need to address this shift through localization in key markets and aim to get to the growth market early to build our presence through upstream business." - Jeong Kiseop, CSO" - Jeong Kiseop

005490.KS

POSCO Holdings Inc

Period Q3 2024

Currency KRW

Report Type Quarterly Earnings

Generated Feb 10, 2026

Executive Summary

POSCO Holdings Inc reported third-quarter revenues of KRW 18.32 trillion, reflecting a 1.02% decrease from the previous quarter. Despite maintaining similar levels of operating income (KRW 743 billion), the company faced challenges from declining steel prices and pressures in the rechargeable battery materials sector. Management highlighted strategic partnerships, particularly the joint venture with JSW Group, as a key growth area in the increasingly competitive and protectionist global steel market, as well as efforts to mitigate cost recovery issues within their lithium operations. Moving forward, POSCO remains committed to restructuring non-performing assets while emphasizing capital efficiency and strategic investments in high-demand segments.

Key Performance Indicators

Revenue

Decreasing

18,321.37B

QoQ: -1.02% | YoY: -3.37%

Gross Profit

Decreasing

1,506.51B

8.22% margin

QoQ: 5.91% | YoY: -20.21%

Operating Income

Decreasing

740.00B

QoQ: -0.99% | YoY: -38.13%

Net Income

Decreasing

452.65B

QoQ: -14.59% | YoY: -7.28%

EPS

Decreasing

5.98K

QoQ: -14.38% | YoY: -7.06%

Revenue Trend

Margin Analysis

Financial Highlights

- Revenue: KRW 18.32 trillion, QoQ down 1.02%, YoY down 3.37%.
- Gross Profit: KRW 1.51 trillion, QoQ up 5.91%, YoY down 20.21%.
- Operating Income: KRW 743 billion, QoQ down 0.99%, YoY down 38.13%.
- Net Income: KRW 453 billion, QoQ down 14.59%, YoY down 7.28%.
- EBITDA: KRW 740 billion, reflecting a consistent operational performance amidst market volatility.
- Operating Margin: 4.04%, indicating sustained operational control despite a competitive environment.

Notably, the company's strategic focus on high-end steel products, which account for 32% of revenues, and the declining prices for lithium hydroxide highlight the dual challenges of market pricing dynamics and production costs.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	18,321.37B	-3.37%	-1.02%
Gross Profit	1,506.51B	-20.21%	5.91%
Operating Income	740.00B	-38.13%	-0.99%
Net Income	452.65B	-7.28%	-14.59%
EPS	5.98K	-7.06%	-14.38%

Key Financial Ratios

Gross Profit Margin

Weak

8.22%

Gross profit margin is below industry norms, profitability concerns

Operating Profit Margin

Weak

4.04%

Operating margin is below industry norms, profitability concerns

Net Profit Margin

Weak

2.47%

Net profit margin is below industry norms, profitability concerns

Return on Assets

Weak

0.44%

Return on assets suggests inefficient capital allocation

Return on Equity

Weak

0.82%

Return on equity suggests inefficient capital allocation

Current Ratio

Healthy

1.95

Current ratio shows adequate liquidity to meet short-term obligations

Debt to Equity

Moderate

0.47

Debt-to-equity indicates balanced capital structure with manageable debt

P/E Ratio

Fair Value

17.57x

P/E ratio in line with market averages

Price to Book

Undervalued

0.58x

Trading below book value, potential value opportunity or distressed

Historical Earnings Comparison

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q2 2025	17,437,000.00	0.00	-5.8%	View
Q1 2025	17,437,000.00	3,998.00	-3.7%	View
Q4 2024	17,805,144.00	-4,981.09	-4.6%	View
Q3 2024	18,321,368.00	5,694.00	-3.4%	View
Q2 2024	18,509,680.96	6,157.03	-8.0%	View

005490.KS

POSCO Holdings Inc

Q2 2025 Report

POSCO Holdings Inc (005490.KS) QQ2 2025 Financial Results Analysis: A Challenging Quarter Amid Headwinds...

Read full report

005490.KS

POSCO Holdings Inc

Q1 2025 Report

POSCO Holdings Inc (005490.KS) Q1 2025 Financial Results: Resilience Amidst Market Volatility...

Read full report

005490.KS

POSCO Holdings Inc

Q4 2024 Report

POSCO Holdings Inc Q4 2024 Financial Results: An In-Depth Analysis of Challenges and Strategic Directions...

Read full report

005490.KS

POSCO Holdings Inc

Q2 2024 Report

POSCO Holdings Inc (005490.KS) Q2 2024 Financial Results: Strength Amidst Challenges in Steel and Battery Materials...

Read full report

POSCO Holdings Inc (005490.KS) Q3 2024 Earnings Report

Company Status Snapshot

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue Trend

Margin Analysis

Financial Highlights

Income Statement

Key Financial Ratios

Management Insights Available for Members

Peer Comparison Available for Members

Investment Outlook & SWOT Available for Members

Historical Earnings Comparison

More 005490.KS Quarterly Reports

005490.KS

005490.KS

005490.KS

005490.KS

Q3 2024 Reports in Basic Materials Sector

Related Financial Data

Sector Analysis: Basic Materials

005490.KS Full Profile

005490.KS Financial Statements

Earnings Calendar