PKX
POSCO Holdings Inc.
PKX's fundamentals are mixed: earnings per share more than tripled, but free cash flow was negative. Its PE isn't a useful guide right now because of how its recent earnings were reported.
PKX Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Healthy | |
| Under pressure | |
| Under pressure |
PKX's profitability is currently healthy, and its revenue is stable, but its cash flow and balance sheet are under pressure.
PKX PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 4.7x | $17.90 | -64% |
| Current | 13x | $50.31 | — |
| Fair | 17x | $66.50 | +32% |
| Expensive | 29x | $110 | +118% |
Historical ranges are pointers, not guarantees.
PKX's PE is 13x, but its earnings don't support one, so it isn't a reliable read right now.
PKX Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| High |
Analysts expect earnings and revenue growth for PKX, with profitability holding steady.
PKX Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $3.83 | +233% |
| Q1 2026 | $2.53 | +32% |
| Q4 2025 | $2.12 | -10% |
| Q3 2025 | $1.06 | -64% |
| Q2 2025 | $1.15 | -62% |
| Q1 2025 | $1.91 | -47% |
| Q4 2024 | $2.36 | -44% |
| Q3 2024 | $2.91 | +1% |
PKX's earnings per share have fallen from their peak: $3.83 over the past year, against $18.12 in early 2022.
PKX Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $14.4B | +9.7% |
| Q1 2026 | $13.4B | +2.5% |
| Q4 2025 | $12.5B | -6% |
| Q3 2025 | $12.9B | -5.8% |
| Q2 2025 | $13.2B | -5.2% |
| Q1 2025 | $13.1B | -3.4% |
| Q4 2024 | $13.3B | -4.6% |
| Q3 2024 | $13.7B | -3.4% |
PKX's revenue is recovering but still below its 2022 peak: $14.4B last quarter, up 9.7% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 4.3% | +0.3 points |
| Q1 2026 | 4.5% | +0.7 points |
| Q4 2025 | 0.3% | -0.6 points |
| Q3 2025 | 3.7% | -0.8 points |
| Q2 2025 | 4% | -0.6 points |
| Q1 2025 | 3.8% | +0.2 points |
| Q4 2024 | 0.9% | +0.2 points |
| Q3 2024 | 4.5% | -2.3 points |
PKX's operating margin was 4.3% last quarter, about level with the same quarter a year ago.
PKX Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | -$61.7M | -173% |
| Q1 2026 | -$986.4M | -$348.4M |
| Q4 2025 | $94.9M | +272% |
| Q3 2025 | -$792.5M | -$311.6M |
| Q2 2025 | $84.7M | -85% |
| Q1 2025 | -$637.9M | +$587.9M |
| Q4 2024 | $25.5M | +$406.9M |
| Q3 2024 | -$481M | -232% |
PKX's free cash flow was −$1.7B over the past year, against −$1B the year before.
PKX Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -15% | -55M shares |
| 1 year | -2.1% | -6.8M shares |
| 3 years | +4.4% | +13.5M shares |
| 5 years | +4.8% | +14.5M shares |
| Available history | -1.1% | -3.5M shares |
PKX has 317M diluted shares, down 2.1% from a year ago.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | — |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | — |
| Q3 2024 | — |
PKX hasn't bought back shares in the past year.
PKX Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | 3.5x | Elevated |
| Q1 2026 | 3.4x | Elevated |
| Q4 2025 | 3.4x | Elevated |
| Q3 2025 | 3.4x | Elevated |
| Q2 2025 | 3.6x | Elevated |
| Q1 2025 | 3.3x | Elevated |
| Q4 2024 | 3.1x | Elevated |
| Q3 2024 | 3.0x | Elevated |
PKX's net debt is about 3.5 years of its operating earnings (EBITDA), about the same as a year ago.
PKX Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.0 | Neutral |
| Stochastic | 8.8 | Oversold |
PKX's weekly RSI is 40 (neutral) and its Stochastic is 9 (oversold).
PKX PE vs Basic Materials Sector
| Metric | PKX | Sector median | Relative |
|---|---|---|---|
| PE | 13x | 19x | 29% below |
| PE % | 39 | 40 | 1 pt below |
PKX is trading at 13x earnings, a 29% discount to the Basic Materials sector's median of 19x, though its earnings don't support one.
PKX Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $53.4 | 5.8% below |
| 20 week MA | $55.3 | 9% below |
| 50 week MA | $59.7 | 16% below |
| 100 week MA | $54.5 | 7.7% below |
| 200 week MA | $65.4 | 23% below |
PKX is in a downtrend: it's below all five of its weekly moving averages, and 23% below its 200-week average.
PKX Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $51.7 | $61.3 | +19% |
| 2021 | $61.3 | $60.1 | -1.9% |
| 2022 | $60.1 | $55.8 | -7.3% |
| 2023 | $55.8 | $95.1 | +71% |
| 2024 | $95.1 | $43.4 | -54% |
| 2025 | $43.4 | $54.1 | +25% |
| 2026 YTD | $54.1 | $50.3 | -6.9% |
PKX has finished lower in three of the last six years. It's down 6.9% so far in 2026.