Is the business good?
How good a business is LEU?
Centrus Energy Corp. earns 3.8% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.
3.8%
Return on invested capital · cost of capital 9.0% · 5.2 points below what the capital costs: growth destroys value
- Operating margin
- 1.6%
Operating margin · Uranium median −91% · 12 months to Q2 2026
- Share count, year on year
- +21%
Share count, year on year · shareholders own a smaller slice than a year ago
- R&D as % of revenue
- 8.5%
R&D as % of revenue
| Year | Operating margin |
|---|---|
| FY2020 | 21% |
| FY2021 | 23% |
| FY2022 | 20% |
| FY2023 | 16% |
| FY2024 | 11% |
| FY2025 | 11% |
Details›
- Gross margin12 months to Q2 2026
- 24%
- Operating margin12 months to Q2 2026
- 1.6%
- Net margin12 months to Q2 2026
- 10%
- Free cash flow margin
- −35%
- R&D as % of revenue
- 8.5%
- Revenue, trailing twelve months
- $474M
- Free cash flow, trailing twelve months
- −$164M
- Net income, trailing twelve months
- $49M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 3.8%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.