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MARKETS / NYSE / KEP
NYSE · ELECTRIC SERVICES · LARGE CAP

Korea Electric Power Corp. KEP

10 fiscal years on record · KRW · FY2024 reported · SEC filings only
KRW 92.6T
▲ 5.8% YoY
KRW 3.5T
KRW 1.7T
In brief

What this company does

KEPCO transmits and distributes substantially all of the electricity in Korea and, through its six wholly-owned generation subsidiaries, generates the substantial majority of the electricity produced there. As of December 31, 2025 it and its generation subsidiaries owned approximately 53.4% of the total electricity generation capacity in Korea, excluding plants generating electricity primarily for private or emergency use. In 2025 the company sold 549,417 gigawatt-hours of electricity to its customers. Its generation fleet comprised 860 units, among them nuclear, thermal, hydroelectric and internal combustion units, with total installed generation capacity of 83,555 megawatts at the end of 2025. The transmission system consisted of 36,183 circuit kilometers of lines, including high-voltage direct current lines, and 939 substations with aggregate installed transformer capacity of 379,998 megavolt-amperes. The five non-nuclear generation subsidiaries are KOSEP, KOMIPO, KOWEPO, KOSPO and EWP, each wholly owned and incorporated in Korea. KHNP operates 26 nuclear generation units at the Kori, Saeul, Wolsong, Hanbit and Hanul power plant complexes, located in Busan, Ulsan, Gyeongju, Yonggwang and Ulchin respectively. The company split its generation business units off into those separate wholly-owned subsidiaries between January 1999 and April 2001, each with its own management structure, assets and liabilities.

Written from the business description in KOREA ELECTRIC POWER CORP's annual report to the U.S. Securities and Exchange Commission, filed 29 April 2026. Every sentence was checked against that document before publication.

Growth
KRW 92.58T
Revenue, FY2024 · full 10-year series below
Revenue KRW T Net income KRW T
FY2024 · Revenue 92.6 · Net income 3.5
40T80T-10T-20T2015201620172018201920202021202220232024
Compound annual growth
+15.5%
+9.6%
−46.1%
+5.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +9.6% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
4 cents
of every revenue dollar became profit
Operating margin Net margin
FY2024 · Operating 9.1% · Net 3.9%
10%20%30%-20%-40%2015201620172018201920202021202220232024
ROE
FY2024 · ROE 9.2%
5%-20%-40%2015201620172018201920202021202220232024

Each KRW of equity produced 9 cents of profit this year.

Cash & shareholders
KRW 126.9B
returned in FY2024 · dividends + net buybacks
Free cash flow KRW T
FY2024 · FCF 1.7
2T4T-20T2015201620172018201920202021202220232024
Net buybacks KRW T Dividends KRW T
FY2024 · Dividends 0.1 · Net buybacks —
0.8T1.6T2015201620172018201920202021202220232024

KRW 126.9B in dividends — 4% of the year's profit went back to shareholders.

Total assetsKRW 246.81T
EquityKRW 39.92T
CashKRW 2.38T
Gross debtKRW 132.53T
Net debtKRW 130.15T
Current ratio0.46×

Net debt stands at 326% of equity.

The 10-year record
10 fiscal years
Every figure from documents filed with the SEC · KRW
row low → row highnegative
Metric 2024202320222021202020192018201720162015
Revenue KRW B92578.387476.470546.060012.457926.658568.160033.159335.959763.158581.7
Operating income KRW B8461.3−4245.0−32240.5−5723.04097.8−1707.5−685.15319.912296.420280.9
EBITDA KRW B22458.68787.2−19779.16219.515645.99421.29339.715093.621257.328622.3
Income tax KRW B1634.6−2837.8−9414.5−1856.0899.1−1002.3−826.32172.83365.15239.4
Net income KRW B3491.7−4822.5−24466.9−5304.51992.1−2345.5−1314.61298.77048.613289.1
Free cash flow KRW B1660.1−12386.2−35824.4−8195.3−72.8−5786.9−5586.7−1286.14491.82893.2
EPS, diluted KRW 5439.00−7512.00−38112.00−8263.003102.00−3654.00−2048.002023.0010980.0020701.00
Dividend / sh KRW 0.000.000.001216.000.000.00790.001980.003100.00500.00
Payout %4−1−0−154−4−46103303
ROE %9.2−12.6−46.9−8.02.9−3.4−1.91.89.8·
Shares out B··0.640.640.640.64····

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance
Company facts, as filed
How we verify · 0 failures in 48 reconciliationsAUDITED

Reconciled in 10 of 19 fiscal years. 47 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityElectric Services
Listed onNYSE
Incorporated inoutside the United States — SEC code M5
Fiscal year endsDecember 31
Data on record since2015

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