UUUUEnergy Fuels Inc.

$15.68

Is the business good?

How good a business is UUUU?

Energy Fuels Inc. earns −5.4% on the capital it employs against a 9.0% cost of capital, so growth costs more than it returns.

−5.4%

Return on invested capital · cost of capital 9.0% · 14 points below what the capital costs: growth destroys value

Operating margin
−91%

Operating margin · Uranium median −91% · 12 months to Q2 2026

Share count, year on year
+13%

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

Gross margin
41%

Gross margin

Operating margin by fiscal year
YearOperating margin
FY2020−1485%
FY2021−1113%
FY2022−359%
FY2023−85%
FY2024−61%
FY2025−153%
Details
Gross margin12 months to Q2 2026
41%
Operating margin12 months to Q2 2026
−91%
Net margin12 months to Q2 2026
−77%
Free cash flow margin
−712%
Revenue, trailing twelve months
$106M
Free cash flow, trailing twelve months
−$753M
Net income, trailing twelve months
−$82M
Return on invested capitaloperating profit after tax ÷ debt + equity − cash
−5.4%

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