Shareholders being diluted. Shares outstanding up 31% from July 2023 to September 2026.
Uranium Energy had 31% more shares at September 2026 than at July 2023, mostly from issuing stock (for pay, acquisitions or fundraising). Each existing share now owns a smaller slice of the business.Uranium Energy had 31% more shares at September 2026 than at July 2023, mostly from issuing stock. Each existing share now owns a smaller slice of the business.
Stock-based pay is a large cost. Stock pay was 22% of revenue in FY Jul 2026.
Uranium Energy paid employees $8M in stock in FY Jul 2026, 22% of its $37M revenue. It doesn't use cash, so it flatters cash flow, but it is a real cost to shareholders through dilution.
Investment surge. Capital spending 24% of revenue, up from 0.3% in FY Jul 2023.
Uranium Energy is spending 24% of revenue on facilities and equipment, up from 0.3% in FY Jul 2023. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.
Not profitable yet. Reported a loss in the 12 months to July 2026.
Uranium Energy reported a net loss over the last twelve months, so earnings-based measures can't show it as cheap.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-3.7%
SEC filings · 12 months to Jul 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield-3.9%
Yahoo Finance fallback · SEC enterprise value unavailable (debt or EBITDA not reported in standard form) · trailing 12 monthsNegative (a loss or cash outflow), so it counts as zero whatever the share price50% base weight · Z-score -2.33Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-2.9%
SEC filings · 12 months to Jul 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 0 → 1
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.
Insufficient data: 1 of 3 inputs reported (at least 2 needed). We leave it blank rather than fill the gap with a made-up middle value.
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 Uranium Energy
Is Uranium Energy getting weaker?
Its latest SEC filing (Sep 29, 2026) showed no major changes. Its overall score is unchanged at 2/100 since Oct 28, 2026.
How is Uranium Energy valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 2/100 against 404 energy peers.Earnings yield -3.7% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -3.7% vs peers 5.2% (weaker than 100% of peers).
Is Uranium Energy growing?
More slowly than most of its peers. Growth scores 3/100 against 404 energy peers.3-year revenue growth -39.0% vs a peer median of -1.3% (weaker than 100% of peers).3-year revenue growth -39.0% vs peers -1.3% (weaker than 100% of peers).
How profitable is Uranium Energy?
Less profitable than most of its peers. Profitability scores 1/100 against 404 energy peers.Operating margin -357.4% vs a peer median of 11.7% (weaker than 100% of peers).Operating margin -357.4% vs peers 11.7% (weaker than 100% of peers).
How risky is Uranium Energy?
Insufficient data: 1 of 3 inputs reported (at least 2 needed).
Latest filing: what changed
Quarter ended Jul 31, 2026 · filed Sep 29, 2026 · compared with the quarter ended Apr 30, 2026
No major changes
Worth watching: Uranium 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)
20.2M USD
37.3M USD
+84.4%
Net income (12 months)
−103.7M USD
−137.3M USD
+32.4%
Operating margin
-629.7%
-357.4%
+272.2 pts
Free cash flow (12 months)
−120.2M USD
−107.3M USD
−10.7%
Cash
488.1M USD
495.5M USD
+1.5%
Shares outstanding
494.9M
495.6M
+0.1%
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 Jul 2022
FY Jul 2023
FY Jul 2024
FY Jul 2025
FY Jul 2026
Change
Gross margin
31.5%
30.2%
16.5%
36.6%
45.4%
▲ 8.7 pts
Operating margin
-98.1%
5.4%
-25179.5%
-109.7%
-357.4%
▼ 248 pts
Net margin
22.7%
-2.0%
-13045.1%
-131.1%
-368.6%
▼ 237 pts
Return on assets (ROA)
1.5%
-0.4%
-3.3%
-7.9%
-9.1%
▼ 1.2 pts
Return on equity (ROE)
1.6%
-0.5%
-3.8%
-8.9%
-10.0%
▼ 1.1 pts
Free cash flow margin
-231.5%
43.8%
-48426.3%
-104.6%
-288.2%
▼ 184 pts
Current ratio
12.03×
4.53×
8.05×
8.85×
17.26×
▲ 95%
Quick ratio
4.19×
4.02×
5.46×
5.85×
14.90×
▲ 155%
Debt to equity
0.00×
0.00×
—
—
—
—
Interest coverage
-14.95×
11.01×
-68.20×
-50.71×
-64.26×
▼ 27%
UEC price history
Price history is added with the daily price update and will appear after the next one.