Loading financials from SEC filings…
Building materials · Basic Materials · Fiscal year ends Dec 31
Centrus Energy reported revenue of $449M in the fiscal year ended Dec 2025, up 1.5% from the year before. Operating income was $50M, an operating margin of 11.2%, and net income was $78M. Operating cash flow of $51M less capital expenditure of $20M left free cash flow of $31M. It held more cash than debt (net cash $782M).
Ranks among the 16 building materials companies we cover (1st = best; for debt, the least indebted). Green = top third, red = bottom third.
Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 298 | 294 | 320 | 442 | 449 |
| Cost of revenue | 184 | 176 | 208 | 331 | 331 |
| Gross profit | 115 | 118 | 112 | 112 | 118 |
| Research & development | 2.1 | 14.8 | 14.2 | 17.2 | 16.9 |
| Selling, general & admin | 36.0 | 33.9 | 36.9 | 35.0 | 36.2 |
| Operating income | 68.3 | 59.7 | 52.4 | 48.0 | 50.2 |
| Interest expense | 0.1 | 0.5 | 1.3 | 2.7 | 14.0 |
| Pre-tax income | 136 | 67.8 | 84.5 | 73.0 | 85.9 |
| Income tax | −39.1 | 15.6 | 0.1 | −0.2 | 8.1 |
| Net income | 175 | 52.2 | 84.4 | 73.2 | 77.8 |
| Diluted EPS | 9.75 | 3.38 | 5.44 | 4.47 | 3.90 |
| Diluted shares | 13.9 | 15.0 | 15.5 | 16.4 | 19.9 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 194 | 180 | 201 | 671 | 1,957 |
| Receivables | 29.1 | 38.1 | 49.4 | 80.0 | 30.7 |
| Inventory | 91.1 | 209 | 306 | 162 | 323 |
| Current assets | 466 | 587 | 685 | 1,015 | 2,364 |
| Net PP&E | 5.3 | 5.5 | 7.0 | 9.4 | 29.5 |
| Total assets | 572 | 706 | 796 | 1,093 | 2,446 |
| Payables | 37.8 | 65.5 | 41.9 | 38.8 | 41.6 |
| Deferred revenue | 303 | 273 | 283 | 216 | 131 |
| Current liabilities | 393 | 449 | 471 | 347 | 423 |
| Short-term debt | 6.1 | 6.1 | 6.1 | 6.1 | 0.0 |
| Long-term debt | 102 | 95.7 | 89.6 | 473 | 1,175 |
| Total liabilities | 714 | 780 | 764 | 932 | 1,681 |
| Shareholders' equity | −142 | −74.1 | 32.3 | 161 | 765 |
| Backlog (remaining obligations) | 1,000 | 1,000 | 1,000 | 800 | 600 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 50.0 | 20.6 | 9.1 | 37.0 | 51.0 |
| Capital expenditure | 1.2 | 0.7 | 1.6 | 4.1 | 19.7 |
| Free cash flow | 48.8 | 19.9 | 7.5 | 32.9 | 31.3 |
| Depreciation & amortisation | 8.6 | 9.6 | 7.1 | 10.8 | 9.9 |
| Stock-based compensation | 12.2 | 1.9 | 2.3 | 1.5 | 5.7 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | −1.5% | 9.0% | 38.0% | 1.5% |
| Operating income growth (YoY) | – | −12.6% | −12.2% | −8.4% | 4.6% |
| EPS growth (YoY) | – | −65.3% | 60.9% | −17.8% | −12.8% |
| Gross margin | 38.4% | 40.1% | 35.0% | 25.2% | 26.2% |
| Operating margin | 22.9% | 20.3% | 16.4% | 10.9% | 11.2% |
| Net margin | 58.7% | 17.8% | 26.4% | 16.6% | 17.3% |
| Return on equityBlank when equity is negative | – | – | 261.3% | 45.4% | 10.2% |
| ROCEEBIT ÷ (assets − current liabilities) | 38.1% | 23.3% | 16.1% | 6.4% | 2.5% |
| Free cash flow margin | 16.4% | 6.8% | 2.3% | 7.4% | 7.0% |
| Cash conversion (CFO ÷ net income) | 0.29x | 0.39x | 0.11x | 0.51x | 0.66x |
| Receivable days | 36 | 47 | 56 | 66 | 25 |
| Inventory days | 181 | 434 | 537 | 178 | 356 |
| Payable days | 75 | 136 | 73 | 43 | 46 |
| Interest cover | 683x | 119x | 40.3x | 17.8x | 3.59x |
| Debt ÷ equity | – | – | 2.96x | 2.97x | 1.54x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −85.9 | −78.1 | −106 | −193 | −782 |
| Current ratio | 1.18x | 1.31x | 1.45x | 2.93x | 5.59x |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.