Doosan Bobcat

Doosan Bobcat announced on February 11th that its annual revenue for 2025 was USD 6.182 billion, with operating profit at USD 482 million and an operating margin of 7.8%. Compared to the previous year, revenue decreased by 1.4% and operating profit declined by 24.5%.

Performance varied across regions. North America saw a 3% decline in revenue due to weaker demand caused by uncertainties. Asia, Latin America, and Oceania (ALAO) recorded a 13% decline, driven by softer domestic demand, while Europe, Middle East, and Africa (EMEA) achieved a 1% increase supported by stable market conditions.

By product segment, sales of Compact Equipment and Material Handling decreased 2% and 9%, respectively, while Portable Power sales grew by 1%.

In the fourth quarter of 2025, revenue reached USD 1.64 billion, marking a 7.1% year-over-year increase. Quarterly operating profit was USD 102 million, down 20.5% compared to the same period last year.

Doosan Bobcat maintained a strong financial position, closing 2025 with net cash of USD 353 million and a debt ratio of 70.8%. The company maintained a net cash position for five consecutive quarters.

The board of directors approved a final dividend of KRW 500 per share, bringing the total annual dividend to KRW 1,700 per share and the shareholder return ratio to 40.4%. This represents a record high for dividend payments, fulfilling the company’s commitment to its corporate value enhancement plan, which guarantees a minimum dividend of KRW 1,600 and a shareholder return ratio of 40% of consolidated net income.

Looking ahead, Doosan Bobcat forecasts 2026 revenue at USD 6.45 billion, a 4.3% year-over-year increase, with operating profit expected to reach USD 482 million, remaining at the same level as the previous year. A company spokesperson stated, “While we anticipate a slight decline in demand across major markets, we aim to drive sales growth through expanding dealer inventory and increasing market share.”