Latest Ratios: P/E Ratio 44.7x · EV/EBITDA 42.6x · ROE 16.8%. (1998–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $3.3B | $4.8B | $1.1B | $843M | $487M | $693M | $234M | $66M | $15M | $36M | $58M |
| Enterprise Value | $2.6B | $4.1B | $936M | $819M | $477M | $633M | $199M | $58M | $45M | $-8785190 | $31M |
| P/E Ratio → | 44.67 | 62.25 | 14.90 | 10.00 | 9.61 | 5.12 | 40.58 | — | — | 6.91 | — |
| P/S Ratio | 7.36 | 10.78 | 2.47 | 2.63 | 1.66 | 2.32 | 0.95 | 0.31 | 0.08 | 0.17 | 0.19 |
| P/B Ratio | 4.54 | 6.32 | 6.76 | 26.11 | — | — | — | — | — | — | — |
| P/FCF | 105.50 | 154.54 | 33.15 | 112.45 | 24.46 | 14.19 | 3.56 | 5.88 | — | — | 1.67 |
| P/OCF | 64.75 | 94.84 | 29.48 | 92.68 | 23.63 | 13.85 | 3.49 | 5.82 | — | — | 1.54 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 9.12 | 2.12 | 2.56 | 1.62 | 2.12 | 0.80 | 0.28 | 0.24 | -0.04 | 0.10 |
| EV / EBITDA | 42.57 | 68.11 | 15.93 | 13.77 | 6.88 | 8.23 | 3.41 | — | — | — | — |
| EV / EBIT | 50.97 | 40.98 | 12.37 | 9.55 | 6.98 | 4.66 | 3.74 | — | — | -0.50 | — |
| EV / FCF | — | 130.78 | 28.46 | 109.24 | 23.96 | 12.97 | 3.02 | 5.16 | — | — | 0.91 |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.2% | 26.2% | 25.2% | 35.0% | 40.1% | 38.4% | 39.5% | 15.5% | -9.3% | 26.0% | 14.5% |
| Operating Margin | 11.2% | 11.2% | 10.9% | 16.4% | 20.3% | 22.9% | 20.6% | -9.4% | -47.9% | -8.0% | -19.8% |
| Net Profit Margin | 17.3% | 17.3% | 16.6% | 26.4% | 17.8% | 58.7% | 22.0% | -7.9% | -53.9% | 5.6% | -21.5% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.8% | 16.8% | 75.6% | 261.3% | — | — | — | — | — | — | — |
| ROA | 4.4% | 4.4% | 7.7% | 11.2% | 8.2% | 33.1% | 11.5% | -3.2% | -16.7% | 1.8% | -8.7% |
| ROIC | 261.5% | 261.5% | 467.5% | 479.3% | — | — | — | — | — | — | — |
| ROCE | 3.6% | 3.6% | 8.9% | 18.0% | 27.4% | 45.6% | 42.6% | -15.6% | -45.6% | -5.3% | -14.4% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.59 | 1.59 | 3.39 | 5.48 | — | — | — | — | — | — | — |
| Debt / EBITDA | 20.19 | 20.19 | 9.31 | 2.98 | 2.45 | 1.75 | 2.00 | — | — | — | — |
| Net Debt / Equity | — | -0.97 | -0.96 | -0.75 | — | — | — | — | — | — | — |
| Net Debt / EBITDA | -12.37 | -12.37 | -2.62 | -0.41 | -0.15 | -0.78 | -0.61 | — | — | — | — |
| Debt / FCF | — | -23.75 | -4.69 | -3.21 | -0.51 | -1.22 | -0.54 | -0.71 | — | — | -0.77 |
| Interest Coverage | 7.14 | 7.14 | 28.04 | 66.00 | 136.60 | 1360.00 | 531.00 | -4.40 | -24.39 | 3.28 | -2.43 |
Net cash position: cash ($2.0B) exceeds total debt ($1.2B)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 5.59 | 5.59 | 2.74 | 1.45 | 1.31 | 1.18 | 1.11 | 1.10 | 1.10 | 1.41 | 1.72 |
| Quick Ratio | 4.83 | 4.83 | 2.28 | 0.80 | 0.84 | 0.95 | 0.93 | 0.91 | 0.81 | 1.03 | 1.18 |
| Cash Ratio | 4.63 | 4.63 | 2.02 | 0.43 | 0.40 | 0.49 | 0.42 | 0.39 | 0.28 | 0.52 | 0.80 |
| Asset Turnover | — | 0.18 | 0.40 | 0.40 | 0.42 | 0.52 | 0.51 | 0.46 | 0.34 | 0.32 | 0.44 |
| Inventory Turnover | 1.03 | 1.03 | 2.05 | 0.68 | 0.84 | 2.02 | 2.31 | 2.75 | 1.63 | 1.06 | 1.50 |
| Days Sales Outstanding | — | 24.97 | 66.06 | 56.31 | 47.33 | 35.61 | 43.71 | 36.73 | 113.85 | 100.61 | 23.33 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.2% | 1.6% | 6.7% | 10.0% | 10.4% | 19.5% | 2.5% | — | — | 14.5% | — |
| FCF Yield | 0.9% | 0.6% | 3.0% | 0.9% | 4.1% | 7.0% | 28.1% | 17.0% | — | — | 59.8% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Shares Outstanding | — | $20M | $16M | $16M | $15M | $14M | $10M | $10M | $9M | $9M | $9M |
Geopolitical supply chain disruption
According to recent market data, LEU trades at a forward P/E of 58.40, a valuation that appears to price in significant future HALEU production success rather than current earnings, which warrants caution given the volatility inherent in the company's transition from a reseller to a primary producer.
The elevated P/E and EV/EBITDA multiples suggest that investors are assigning a scarcity premium to the company's unique domestic enrichment capabilities. However, this valuation may be disconnected from the underlying earnings power, as the forward-looking multiples rely heavily on the successful scaling of the American Centrifuge Plant.
Based on reported financial figures, the company's ROIC has fluctuated wildly from a peak of 195.4% in 2024Q2 to a low of -15.4% in 2024Q3, illustrating the difficulty in compounding capital returns while the firm remains in a capital-intensive phase of infrastructure development.
The extreme variance in ROIC suggests that the company's returns are currently driven more by the timing of government-funded milestones and contract deliveries than by sustainable operational efficiency. Investors should monitor whether these returns stabilize as the company moves toward a more predictable, production-based business model.
As indicated by the company's quarterly filings, the cash conversion cycle remains highly unstable, with DIO reaching as high as 662 days in 2025Q1, which suggests that the firm's inventory management is heavily influenced by long-term nuclear fuel supply chain constraints rather than standard operational turnover.
The extended DIO and volatile CCC indicate that the company is carrying significant inventory, likely to mitigate the risk of supply chain disruptions. This lack of working capital efficiency suggests that the firm's liquidity is frequently tied up in long-dated assets, limiting its ability to optimize cash flow.
According to the latest balance sheet data, the current ratio of 5.72 appears exceptionally strong, yet this figure must be interpreted with caution as a large portion of the $1.95 billion in cash likely represents restricted funds or prepayments for future performance obligations.
While the headline liquidity position appears robust, the underlying reality is that these funds are not entirely available for discretionary use. The company's reliance on customer and government prepayments creates a liquidity profile that is structurally different from a typical industrial firm, necessitating a focus on net cash after adjusting for deferred revenue.
As reported in financial statements, the use of standard P/E multiples to evaluate LEU is fundamentally flawed because it fails to account for the massive, non-recurring impact of government-funded project milestones and customer prepayments that distort the company's net income and cash flow profile.
Analysts should instead focus on EV/Revenue or adjusted cash flow metrics that strip out the impact of deferred revenue and government grants. Relying on P/E ratios obscures the true operational health of the business by conflating project-based funding with recurring commercial profitability.
Includes 30+ ratios · 28 years · Updated daily
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying LEU stock.
Centrus Energy Corp.'s current P/E ratio is 44.7x. The historical average is 27.6x. This places it at the 81th percentile of its historical range.
Centrus Energy Corp.'s current EV/EBITDA is 42.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.0x.
Centrus Energy Corp.'s return on equity (ROE) is 16.8%. The historical average is 21.6%.
Based on historical data, Centrus Energy Corp. is trading at a P/E of 44.7x. This is at the 81th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
Centrus Energy Corp. has 26.2% gross margin and 11.2% operating margin. Operating margin between 10-20% is typical for established companies.
Centrus Energy Corp.'s Debt/EBITDA ratio is 20.2x, indicating high leverage. A ratio above 4x may signal elevated financial risk.