Profit looks boosted by one-off gains.Reported profit is 2.0× operating cash profit (EBITDA), lifted by income outside the core business.Reported profit is 2.0× operating cash profit, lifted by income outside the core business.
Centrus Energy's reported profit is 2.0× its operating cash profit (EBITDA), which is unusual: normally it's the other way round. Income outside the core business, such as interest on a large cash pile, gains on investments or asset sales, or tax items, has lifted net income, so its earnings-based valuation may look cheaper than the business alone justifies.Centrus Energy's reported profit is 2.0× its operating cash profit, which is unusual: normally it's the other way round. Income outside the core business, such as interest on a large cash pile, gains on investments or asset sales, or tax items, has lifted net income, so its earnings-based valuation may look cheaper than the business alone justifies.
Profitable, but burning cash. Reports a profit, but free cash flow is negative.
Centrus Energy reports a profit but its free cash flow is negative: it spent more on investment and running the business than it brought in. That's common for companies building capacity, but it means the profit isn't yet turning into cash.
Borrowing rising faster than profit. Since 2022: debt +1128%, operating profit −16%.
Centrus Energy's debt grew 1128% since 2022 while operating profit changed −16%.
Sales growing faster than profits. Since 2022: revenue +53%, operating profit −16%.
Since 2022, Centrus Energy's revenue changed +53% while operating profit fell 16%: costs rose faster than sales.
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 7 → 8
Share price -12.6%+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield2.3%
SEC filings · 12 months to Jun 2026Reported value30% base weight · Z-score -0.83Sector median: 0.0522 · MAD: 0.0351
EBITDA yield1.2%
SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -2.10Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-7.8%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Why it changed since the Oct 27, 2026 close: Score 55 → 56
Peer companies moved+1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Centrus Energy
Is Centrus Energy getting weaker?
Its latest SEC filing (Aug 6, 2026) got weaker in some ways: operating margin fell 5.2 points to 1.6%; operating profit now covers interest only 0.5x. Its overall score is unchanged at 39/100 since Oct 28, 2026.
How is Centrus Energy valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 8/100 against 404 energy peers.Free cash flow yield -7.8% vs a peer median of 6.2% (weaker than 100% of peers).Free cash flow yield -7.8% vs peers 6.2% (weaker than 100% of peers).
Is Centrus Energy growing?
At about the same pace as its peers. Growth scores 56/100 against 404 energy peers.3-year revenue growth 13.4% vs a peer median of -1.3% (stronger than 85% of peers).3-year revenue growth 13.4% vs peers -1.3% (stronger than 85% of peers).Earnings per share growth -61.1% vs a peer median of 1.1% (weaker than 86% of peers).Earnings per share growth -61.1% vs peers 1.1% (weaker than 86% of peers).
How profitable is Centrus Energy?
Less profitable than most of its peers. Profitability scores 19/100 against 404 energy peers.Operating margin 1.6% vs a peer median of 11.7% (weaker than 84% of peers).Operating margin 1.6% vs peers 11.7% (weaker than 84% of peers).
How risky is Centrus Energy?
Lower risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 5.39× vs a peer median of 1.37× (stronger than 95% of peers).Current ratio 5.39× vs peers 1.37× (stronger than 95% of peers).Beta 1.54 vs a peer median of 0.57 (weaker than 100% of peers).Beta 1.54 vs peers 0.57 (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
Operating margin fell 5.2 points to 1.6%
Operating profit now covers interest only 0.5x
Worth watching: Centrus Energy is in the bottom fifth of its sector on profitability. From 2021 to 2025, 63% of companies in that position posted a loss over the following year, against 4% for the top fifth.
Previous quarter
Latest quarter
Change
Revenue (12 months)
452.3M USD
473.9M USD
+4.8%
Net income (12 months)
60.8M USD
48.7M USD
−19.9%
Operating margin
6.7%
1.6%
−5.2 pts
Free cash flow (12 months)
−61.4M USD
−163.8M USD
+166.8%
Debt
1.2B USD
1.2B USD
+0.1%
Cash
1.9B USD
1.9B USD
+0.0%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Uranium companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Gross margin
38.4%
40.1%
35.0%
25.2%
26.2%
▲ 1.0 pts
Operating margin
22.9%
20.3%
16.4%
10.9%
11.2%
▲ 0.3 pts
Net margin
58.7%
17.8%
26.4%
16.6%
17.3%
▲ 0.8 pts
Return on assets (ROA)
30.6%
7.4%
10.6%
6.7%
3.2%
▼ 3.5 pts
Return on equity (ROE)
—
—
261.3%
45.4%
10.2%
▼ 35 pts
Free cash flow margin
16.4%
6.8%
2.3%
7.4%
7.0%
▼ 0.5 pts
Current ratio
1.18×
1.31×
1.45×
2.93×
5.59×
▲ 91%
Quick ratio
0.95×
0.84×
0.80×
2.46×
4.83×
▲ 96%
Debt to equity
—
—
2.77×
2.93×
1.54×
▼ 48%
Interest coverage
683.00×
119.40×
40.31×
17.78×
3.59×
▼ 80%
LEU price history
Price history is added with the daily price update and will appear after the next one.