UECUranium Energy Corp.

$13.12

Is the business good?

How good a business is UEC?

Uranium Energy Corp. earns −11% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−11%

Return on invested capital · cost of capital 9.0% · 20 points below what the capital costs: growth destroys value

Operating margin
−630%

Operating margin · Uranium median −91% · 12 months to Q3 2026

Share count, year on year
+14%

Share count, year on year · shareholders own a smaller slice than a year ago

Gross margin
50%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2022−98%
FY20235.4%
FY2024−25179%
FY2025−110%
Details
Gross margin12 months to Q3 2026
50%
Operating margin12 months to Q3 2026
−630%
Net margin12 months to Q3 2026
−513%
Free cash flow margin
−595%
Revenue, trailing twelve months
$20M
Free cash flow, trailing twelve months
−$120M
Net income, trailing twelve months
−$104M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−11%

Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.