Woori Financial Group Financials

Source SEC Filings (10-K/10-Q) Updated Apr 22, 2026 Currency USD FYE April

This page shows Woori Financial Group (WF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 2 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WF FY2010 2026-04-22

Woori’s dominant mechanic is balance-sheet leverage: a 0.5% asset return becomes roughly 9.2% on equity.

The most revealing feature is the gap between ROA and ROE: a 0.5% return on assets converts into about 9.2% on equity, so shareholder returns are being created mainly by leverage rather than by wide operating spreads. Debt-to-equity at 18.5x makes that structure highly balance-sheet dependent, with $228.8B of liabilities carrying most of the funding load.

Cash generation exceeds accounting profit: operating cash flow of $4.4B was far above reported earnings, while capital spending of only $121M means very little internally generated cash was needed for physical reinvestment. That points to a business model driven more by funding, collections, and asset turnover than by maintaining a heavy base of equipment.

Liquidity should be read through the whole balance sheet, not just the cash line: $14.1B of cash is meaningful, but it is small relative to $228.8B of liabilities. In practice, that means resilience depends more on asset quality and access to ongoing funding than on simply holding a large cash pile.

Financial Health Signals

Financial Profile 22/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of Woori Financial Group's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Leverage

Woori Financial Group has elevated debt relative to equity (D/E of 14.89), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 0/100, reflecting increased financial risk.

Returns

Woori Financial Group's ROE of 8.5% shows moderate profitability relative to equity, earning a score of 31/100. This is down from 9.2% the prior year.

Piotroski F-Score Neutral

5/9

Woori Financial Group passes 5 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 2 leverage/liquidity signals pass.

Earnings Quality Cash-Backed

4.23x

For every $1 of reported earnings, Woori Financial Group generates $4.23 in operating cash flow ($9.4B OCF vs $2.2B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

N/A

EBITDA

N/A

Net Income

$2.2B

YoY+97.1%

Woori Financial Group reported $2.2B in net income in fiscal year 2025. This represents an increase of 97.1% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$9.2B

YoY+113.3%

Woori Financial Group generated $9.2B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 113.3% from the prior year.

Cash & Debt

$26.7B

YoY+88.8%

Woori Financial Group held $26.7B in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

734M

YoY-8.9%

Woori Financial Group had 734M shares outstanding in fiscal year 2025. This represents a decrease of 8.9% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

N/A

Return on Equity

8.5%

YoY-0.7pp

Woori Financial Group's ROE was 8.5% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 0.7 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$225.6M

YoY+87.0%

Woori Financial Group invested $225.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 87.0% from the prior year.

WF Income Statement

Metric	FY25	FY10
Revenue	N/A	$11.4B
Cost of Revenue	N/A	N/A
Gross Profit	N/A	N/A
R&D Expenses	N/A	N/A
SG&A Expenses	N/A	$1.1B
Operating Income	N/A	N/A
Interest Expense	N/A	$6.8B
Income Tax	$597.2M+62.6%	$367.2M
Net Income	$2.2B+97.1%	$1.1B
EPS (Diluted)	N/A	$1.41

Metric	Q3'11
Revenue	N/A
Cost of Revenue	N/A
Gross Profit	N/A
R&D Expenses	N/A
SG&A Expenses	N/A
Operating Income	N/A
Interest Expense	N/A
Income Tax	N/A
Net Income	N/A
EPS (Diluted)	N/A

WF Balance Sheet

Metric	FY25	FY10
Total Assets	$416.4B+72.5%	$241.4B
Current Assets	N/A	N/A
Cash & Equivalents	$26.7B+88.8%	$14.1B
Inventory	N/A	N/A
Accounts Receivable	N/A	N/A
Goodwill	$731.5M+835.4%	$78.2M
Total Liabilities	$390.2B+70.5%	$228.8B
Current Liabilities	N/A	N/A
Long-Term Debt	N/A	N/A
Total Equity	$26.2B+112.1%	$12.4B
Retained Earnings	$19.9B+388.9%	$4.1B

Metric	Q3'11
Total Assets	$241.4B
Current Assets	N/A
Cash & Equivalents	$14.1B
Inventory	N/A
Accounts Receivable	N/A
Goodwill	$78.2M
Total Liabilities	$228.8B
Current Liabilities	N/A
Long-Term Debt	N/A
Total Equity	$12.4B
Retained Earnings	$4.1B

WF Cash Flow Statement

Metric	FY25	FY10
Operating Cash Flow	$9.4B+112.6%	$4.4B
Capital Expenditures	$225.6M+87.0%	$120.6M
Free Cash Flow	$9.2B+113.3%	$4.3B
Investing Cash Flow	-$6.8B+17.5%	-$8.3B
Financing Cash Flow	$5.3B+61.5%	$3.3B
Dividends Paid	$641.9M+800.4%	$71.3M
Share Buybacks	N/A	N/A

Metric	Q3'11
Operating Cash Flow	N/A
Capital Expenditures	N/A
Free Cash Flow	N/A
Investing Cash Flow	N/A
Financing Cash Flow	N/A
Dividends Paid	N/A
Share Buybacks	N/A

WF Financial Ratios

Metric	FY25	FY10
Gross Margin	N/A	N/A
Operating Margin	N/A	N/A
Net Margin	N/A	9.9%
Return on Equity	8.5%-0.7pp	9.2%
Return on Assets	0.5%+0.1pp	0.5%
Current Ratio	N/A	N/A
Debt-to-Equity	14.89-3.6	18.52
FCF Margin	N/A	37.8%

Metric	Q3'11
Gross Margin	N/A
Operating Margin	N/A
Net Margin	N/A
Return on Equity	N/A
Return on Assets	N/A
Current Ratio	N/A
Debt-to-Equity	18.52
FCF Margin	N/A

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Frequently Asked Questions

Is Woori Financial Group profitable?

Yes, Woori Financial Group (WF) reported a net income of $2.2B in fiscal year 2025.

What is Woori Financial Group's return on equity (ROE)?

Woori Financial Group (WF) has a return on equity of 8.5% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Woori Financial Group's free cash flow?

Woori Financial Group (WF) generated $9.2B in free cash flow during fiscal year 2025. This represents a 113.3% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Woori Financial Group's operating cash flow?

Woori Financial Group (WF) generated $9.4B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Woori Financial Group's total assets?

Woori Financial Group (WF) had $416.4B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Woori Financial Group's capital expenditures?

Woori Financial Group (WF) invested $225.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Woori Financial Group have outstanding?

Woori Financial Group (WF) had 734M shares outstanding as of fiscal year 2025.

What is Woori Financial Group's debt-to-equity ratio?

Woori Financial Group (WF) had a debt-to-equity ratio of 14.89 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Woori Financial Group's return on assets (ROA)?

Woori Financial Group (WF) had a return on assets of 0.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Woori Financial Group's Piotroski F-Score?

Woori Financial Group (WF) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Woori Financial Group's earnings high quality?

Woori Financial Group (WF) has an earnings quality ratio of 4.23x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is Woori Financial Group?

Woori Financial Group (WF) scores 22 out of 100 on our Financial Profile, indicating weak overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.