Sector Alpha Week of 2026-07-28
20-quarter listed-company comparison

Uranium Stocks

Uranium: Cameco Corporation owns the largest revenue base; enCore Energy Corp. has the fastest current growth.

The industry itself · before any single company

How has Uranium moved against S&P 500?

The line below covers 5.2 years. Over the most recent two of them this industry is 94% ahead of S&P 500. Earnings across its companies fell 23% on average over the last four reported quarters.

ASLEEP · 1y −2.1%~Price up, without the fundamentals confirming0 of 10 companies ahead of S&P 500 by 5% or more over three months

RS — · 0/10 >200d (+0) · 0/10 lead (+0) · EPS 5/10↑

2005001000202620252024202320222021 643348 TRAILING 12-MONTH EPS · 100 AT THE START0100101Mar 22Sep 22Mar 23Sep 23Mar 24Sep 24Mar 25Sep 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reportingJun 2022 · trailing 12-month earnings per share at 101, against 100 at the start · no comparable year yet · 4 reportingSep 2022 · trailing 12-month earnings per share at 90, against 100 at the start · no comparable year yet · 4 reportingDec 2022 · trailing 12-month earnings per share at 17, against 100 at the start · no comparable year yet · 4 reportingMar 2023 · trailing 12-month earnings per share at 18, against 100 at the start · down 82.1% on a year ago · 4 reportingJun 2023 · trailing 12-month earnings per share at 11, against 100 at the start · down 80.9% on a year ago · 4 reportingSep 2023 · trailing 12-month earnings per share at 42, against 100 at the start · down 61.5% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 53, against 100 at the start · up 129.9% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 35, against 100 at the start · down 41.4% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 43, against 100 at the start · up 27.5% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 24, against 100 at the start · down 78.3% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 0, against 100 at the start · down 100.0% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 83.3% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 100.0% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 100.0% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 5.4% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 0, against 100 at the start · up 112.9% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two0 · Mar 26No earnings on file this far back — the price series reaches further than the filings do
2005001000202620252024202320222021 643348 TRAILING 12-MONTH EPS · 100 AT THE START0100101Mar 22Mar 23Mar 24Mar 25Mar 26Mar 2022 · trailing 12-month earnings per share at 100, against 100 at the start · no comparable year yet · 4 reportingJun 2022 · trailing 12-month earnings per share at 101, against 100 at the start · no comparable year yet · 4 reportingSep 2022 · trailing 12-month earnings per share at 90, against 100 at the start · no comparable year yet · 4 reportingDec 2022 · trailing 12-month earnings per share at 17, against 100 at the start · no comparable year yet · 4 reportingMar 2023 · trailing 12-month earnings per share at 18, against 100 at the start · down 82.1% on a year ago · 4 reportingJun 2023 · trailing 12-month earnings per share at 11, against 100 at the start · down 80.9% on a year ago · 4 reportingSep 2023 · trailing 12-month earnings per share at 42, against 100 at the start · down 61.5% on a year ago · 4 reportingDec 2023 · trailing 12-month earnings per share at 53, against 100 at the start · up 129.9% on a year ago · 4 reportingMar 2024 · trailing 12-month earnings per share at 35, against 100 at the start · down 41.4% on a year ago · 4 reportingJun 2024 · trailing 12-month earnings per share at 43, against 100 at the start · up 27.5% on a year ago · 4 reportingSep 2024 · trailing 12-month earnings per share at 24, against 100 at the start · down 78.3% on a year ago · 4 reportingDec 2024 · trailing 12-month earnings per share at 0, against 100 at the start · down 100.0% on a year ago · 4 reportingMar 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 83.3% on a year ago · 4 reportingJun 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 100.0% on a year ago · 4 reportingSep 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 100.0% on a year ago · 4 reportingDec 2025 · trailing 12-month earnings per share at 0, against 100 at the start · down 5.4% on a year ago · 4 reportingMar 2026 · trailing 12-month earnings per share at 0, against 100 at the start · up 112.9% on a year ago · 4 reportingNot reported yet — earnings trail price by a quarter or two0No earnings on file this far back — the price series reaches further than the filings do
Uranium, equal-weighted, based at 200 S&P 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the industry line is an equal-weighted index of its 10 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the industry taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

Sector relative strength · before individual stocks

Is Uranium outperforming S&P 500?

Uranium has underperformed S&P 500 by 7.4% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 32.8%. 0 of 11 covered companies currently beat the S&P 500 on Mansfield relative strength, so leadership inside the sector is selective. IsoEnergy Ltd. is the strongest against the sector itself at +18.2%.

-32.8%Sector vs S&P 500 · 13 weeks
-7.4%Sector vs S&P 500 · 52 weeks
0/11Stocks leading S&P 500
5/11Stocks leading sector

Sector metric: — as of latest available · unclassified · direction unavailable.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Uranium has underperformed S&P 500 by 7.4% over 52 weeks and 32.8% over 13 weeks. 0 of 11 covered companies beat the S&P 500 on Mansfield relative strength, while 5 of 11 beat the sector itself. Cameco Corporation leads with revenue of $3,538 million, based on 7 of 13 comparable companies through Mar 2026.

Is the Uranium sector outperforming S&P 500?

Uranium has underperformed S&P 500 by 7.4% over 52 weeks and 32.8% over 13 weeks. 0 of 11 covered companies beat the S&P 500 on Mansfield relative strength, while 5 of 11 beat the sector itself.

Which Uranium company is largest by revenue?

Cameco Corporation leads with revenue of $3,538 million, based on 7 of 13 comparable companies through Mar 2026.

Which Uranium company is growing fastest?

enCore Energy Corp. has the fastest current revenue growth at 53.6%, across 5 of 13 comparable companies.

Which Uranium company has the strongest 4-Factor Sector Score?

Cameco Corporation ranks first at 55.4/100 with 82% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Uranium company reports the most CAPEX?

Cameco Corporation reports the largest latest CAPEX at $78 million, with 10 of 13 companies comparable.

Which Uranium company has the least gross debt?

Deep Fission, Inc. has the lowest comparable gross debt at $0 million. Centrus Energy Corp. has the highest at $1,179 million.

Which Uranium company has the lowest comparable PEG?

Centrus Energy Corp. has the lowest comparable Guarded PEG at 1.26, among 2 of 13 companies that pass the metric’s comparability rules.

How much history does this Uranium comparison include?

The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Companies
13
complete canonical membership
Combined market value
$61.2B
Cameco Corporation
Revenue growing
3/5
positive TTM year-on-year growth
Beating S&P 500
0/11
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Cameco Corporation has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 82% evidence confidence.
NexGen Energy Ltd. has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.

1. Cameco Corporation · CCJ

55.4/100 · Mixed-positive evidence · 82% evidence

Exact sum: 19.8 + 16.1 + 5.6 + 13.9 = 55.4

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

19.8/35Growth & earnings

Revenue 7.5% · PAT 100% · OPM change -4.1 pp

83% evidence

16.1/25Capital efficiency

ROCE 1.8% · debt/equity 0.14×

80% evidence

5.6/20Valuation

P/E 101.3× · PEG 2.64

65% evidence

13.9/20Relative strength

RS sector 10% · RS bench -18.1% · 1Y 19.2%

100% evidence

2. NexGen Energy Ltd. · NXE

54.8/100 · Thin evidence · provisional · 52% evidence

Exact sum: 16.4 + 11.2 + 10.6 + 16.6 = 54.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

16.4/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

11.2/25Capital efficiency

ROCE -1.5% · debt/equity 0.42×

68% evidence

10.6/20Valuation

P/E 40.1× · PEG —

15% evidence

16.6/20Relative strength

RS sector 14.8% · RS bench -14.6% · 1Y 41.7%

100% evidence

3. Uranium Royalty Corp. · UROY

53.7/100 · Thin evidence · provisional · 51% evidence

Exact sum: 20.9 + 15.8 + 8.9 + 8.1 = 53.7

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.9/35Growth & earnings

Revenue — · PAT 100% · OPM change 43717.6 pp

39% evidence

15.8/25Capital efficiency

ROCE 0.9% · debt/equity 0×

80% evidence

8.9/20Valuation

P/E 157.3× · PEG —

15% evidence

8.1/20Relative strength

RS sector -3.2% · RS bench -28.4% · 1Y 10.8%

70% evidence

4. IsoEnergy Ltd. · ISOU

52.8/100 · Thin evidence · provisional · 54% evidence

Exact sum: 13 + 13.4 + 11.1 + 15.3 = 52.8

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

13.0/35Growth & earnings

Revenue — · PAT -225% · OPM change —

57% evidence

13.4/25Capital efficiency

ROCE -1.4% · debt/equity 0.01×

68% evidence

11.1/20Valuation

P/E 31.7× · PEG —

15% evidence

15.3/20Relative strength

RS sector 18.2% · RS bench -11.8% · 1Y 48.7%

70% evidence

5. enCore Energy Corp. · EU

52.6/100 · Thin evidence · provisional · 56% evidence

Exact sum: 24.9 + 14.7 + 10 + 3 = 52.6

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

24.9/35Growth & earnings

Revenue 53.6% · PAT — · OPM change 140.1 pp

62% evidence

14.7/25Capital efficiency

ROCE 3% · debt/equity 0.41×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.0/20Relative strength

RS sector -36.8% · RS bench -53.5% · 1Y -54.7%

70% evidence

6. Energy Fuels Inc. · UUUU

45.4/100 · Mixed-negative evidence · 65% evidence

Exact sum: 23.3 + 8.8 + 11.5 + 1.8 = 45.4

Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -14.3% and the one-year return is 28%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.

23.3/35Growth & earnings

Revenue 21.4% · PAT — · OPM change 107.8 pp

62% evidence

8.8/25Capital efficiency

ROCE -1.7% · debt/equity 0.93×

80% evidence

11.5/20Valuation

P/E 11.6× · PEG —

15% evidence

1.8/20Relative strength

RS sector -14.3% · RS bench -37.2% · 1Y 28%

100% evidence

7. Centrus Energy Corp. · LEU

40.0/100 · Mixed-negative evidence · 82% evidence

Exact sum: 7.5 + 10.9 + 12 + 9.6 = 40

Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.

7.5/35Growth & earnings

Revenue -4% · PAT -43% · OPM change -27 pp

83% evidence

10.9/25Capital efficiency

ROCE 0.1% · debt/equity 1.52×

80% evidence

12.0/20Valuation

P/E 57.5× · PEG 1.26

65% evidence

9.6/20Relative strength

RS sector -8.6% · RS bench -32.5% · 1Y -18.6%

100% evidence

8. Denison Mines Corp. · DNN

38.7/100 · Mixed-negative evidence · 62% evidence

Exact sum: 8.6 + 6.5 + 10.2 + 13.4 = 38.7

Decision use: Price leads the evidence: RS versus the benchmark is -17.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.

8.6/35Growth & earnings

Revenue 0% · PAT — · OPM change -3004.9 pp

62% evidence

6.5/25Capital efficiency

ROCE -3.5% · debt/equity 2.81×

68% evidence

10.2/20Valuation

P/E 45.7× · PEG —

15% evidence

13.4/20Relative strength

RS sector 11.2% · RS bench -17.4% · 1Y 34.8%

100% evidence

9. Uranium Energy Corp. · UEC

37.4/100 · Thin evidence · provisional · 54% evidence

Exact sum: 14.2 + 11.2 + 8.5 + 3.5 = 37.4

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

14.2/35Growth & earnings

Revenue — · PAT — · OPM change -109.3 pp

32% evidence

11.2/25Capital efficiency

ROCE -3.2% · debt/equity 0×

80% evidence

8.5/20Valuation

P/E 595× · PEG —

15% evidence

3.5/20Relative strength

RS sector -9.1% · RS bench -32.9% · 1Y 8.9%

100% evidence

10. Deep Fission, Inc. · FISN

50.4/100 · Thin evidence · provisional · 29% evidence

Exact sum: 20.1 + 10.3 + 10 + 10 = 50.4

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

20.1/35Growth & earnings

Revenue — · PAT — · OPM change —

33% evidence

10.3/25Capital efficiency

ROCE -47% · debt/equity 0×

68% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

11. Nuclea Energy Inc. · NCLA

46.2/100 · Thin evidence · provisional · 9% evidence

Exact sum: 17.5 + 8.7 + 10 + 10 = 46.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

17.5/35Growth & earnings

Revenue — · PAT — · OPM change —

0% evidence

8.7/25Capital efficiency

ROCE -58.4% · debt/equity —

34% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.0/20Relative strength

RS sector — · RS bench — · 1Y —

0% evidence

12. Ur-Energy Inc. · URG

42.2/100 · Thin evidence · provisional · 48% evidence

Exact sum: 15.8 + 6.3 + 10 + 10.1 = 42.2

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

15.8/35Growth & earnings

Revenue — · PAT — · OPM change -68.1 pp

39% evidence

6.3/25Capital efficiency

ROCE -9.7% · debt/equity 0.83×

80% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

10.1/20Relative strength

RS sector 0.2% · RS bench -25.5% · 1Y 4.3%

70% evidence

13. Eagle Nuclear Energy Corp. · NUCL

37.4/100 · Thin evidence · provisional · 35% evidence

Exact sum: 13.4 + 10.1 + 10 + 3.9 = 37.4

Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.

13.4/35Growth & earnings

Revenue — · PAT — · OPM change —

24% evidence

10.1/25Capital efficiency

ROCE -259.2% · debt/equity 0×

51% evidence

10.0/20Valuation

P/E — · PEG —

0% evidence

3.9/20Relative strength

RS sector -35.4% · RS bench -51.8% · 1Y -55.2%

70% evidence

01 · compare level, then change

Revenue Scale & Growth Durability

Cameco Corporation has the highest Revenue among the 13 Uranium companies compared here, at $3,538 million. Centrus Energy Corp. is next at $453 million. enCore Energy Corp. has the highest Revenue growth at 53.6%, so level and change sit with different companies. 7 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Cameco Corporation is the scale leader at $3,538 million, 681% ahead of Centrus Energy Corp.. enCore Energy Corp.'s growth is 53.6% from a $43 million base, with 12 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderCameco Corporation · $3,538 million
Gap681% versus #2 · Centrus Energy Corp.
Persistence7/8 recent comparable periods
Coverage7/13 companies · 126 observations

Investor read: Cameco Corporation is the scale benchmark; enCore Energy Corp. is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Cameco Corporation's growth falls below enCore Energy Corp.'s for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Cameco Corporation CCJ$3.5B
2Centrus Energy Corp. LEU$453M
3Energy Fuels Inc. UUUU$85M
4Uranium Royalty Corp. UROY$55M
5enCore Energy Corp. EU$43M
Revenue growthfastest growers
1enCore Energy Corp. EU54%
2Energy Fuels Inc. UUUU21%
3Cameco Corporation CCJ7.5%
4Denison Mines Corp. DNN0.0%
5Centrus Energy Corp. LEU-4.0%
Revenue · company comparison
7/13 level · 5/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Cameco Corporation CCJ$845M7.1%Mar 2026
Centrus Energy Corp. LEU$77M5.5%Mar 2026
Energy Fuels Inc. UUUU$36M112%Mar 2026
Uranium Energy Corp. UEC$20M-60%Jun 2026
enCore Energy Corp. EU$18M0.0%Mar 2026
Uranium Royalty Corp. UROY$17M-100%Mar 2026
Ur-Energy Inc. URG$4M-57%Mar 2026
Denison Mines Corp. DNN$1M0.0%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Cameco Corporation · CCJ

$361M
$465M
$398M
$558M
$389M
$524M
$687M
$482M
$575M
$844M
$634M
$598M
$721M
$1.2B
$789M
$877M
$615M
$1.2B
$845M

Centrus Energy Corp. · LEU

$91M
$89M
$35M
$99M
$33M
$126M
$67M
$98M
$51M
$104M
$44M
$189M
$58M
$152M
$73M
$155M
$75M
$146M
$77M

Denison Mines Corp. · DNN

$10M
$3M
$4M
$7M
$3M
$3M
$-1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M
$1M

enCore Energy Corp. · EU

$7M
$4M
$0M
$30M
$5M
$9M
$-4M
$18M
$4M
$9M
$12M
$18M

Energy Fuels Inc. · UUUU

$1M
$3M
$6M
$3M
$0M
$20M
$7M
$11M
$0M
$25M
$9M
$4M
$40M
$17M
$4M
$18M
$27M
$36M

Ur-Energy Inc. · URG

$0M
$16M
$0M
$19M
$6M
$0M
$6M
$5M
$5M
$6M
$23M
$10M
$6M
$10M
$4M

Uranium Energy Corp. · UEC

$13M
$10M
$0M
$57M
$48M
$20M
$39M
$0M
$0M
$0M
$17M
$50M
$0M
$20M

Uranium Royalty Corp. · UROY

$14M
$15M
$15M
$12M
$11M
$0M
$5M
$33M
$0M
$17M

Revenue growth · reported quarter history

Cameco Corporation · CCJ

55%
7.8%
13%
73%
-14%
48%
61%
-7.7%
24%
25%
40%
24%
47%
-15%
1.5%
7.1%

Centrus Energy Corp. · LEU

60%
-64%
42%
91%
-1.0%
55%
-17%
-34%
93%
14%
46%
66%
-18%
29%
-4.0%
5.5%

Denison Mines Corp. · DNN

40%
-70%
0.0%
-125%
-86%
-67%
-67%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%

enCore Energy Corp. · EU

-29%
125%
-40%
-20%
0.0%
0.0%

Energy Fuels Inc. · UUUU

200%
567%
17%
267%
25%
29%
-64%
-32%
-56%
350%
-33%
112%

Ur-Energy Inc. · URG

19%
-74%
0.0%
360%
100%
0.0%
-57%

Uranium Energy Corp. · UEC

269%
100%
-100%
-100%
-100%
-60%

Uranium Royalty Corp. · UROY

-14%
-27%
-100%
-58%
-100%
02 · compare level, then change

Operating Economics & Margin Trend

enCore Energy Corp. has the highest OPM among the 13 Uranium companies compared here, at 54.4%. Cameco Corporation is next at 19.4%. Uranium Royalty Corp. has the highest Margin change at +43717.6 percentage points, so level and change sit with different companies. 7 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: enCore Energy Corp. leads opm at 54.4%; Uranium Royalty Corp. leads margin change at +43717.6 percentage points.

LeaderenCore Energy Corp. · 54.4%
Gap180.4% versus #2 · Cameco Corporation
Persistence3/8 recent comparable periods
Coverage7/13 companies · 101 observations

Investor read: enCore Energy Corp. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1enCore Energy Corp. EU54%
2Cameco Corporation CCJ19%
3Uranium Royalty Corp. UROY18%
4Centrus Energy Corp. LEU1.0%
5Energy Fuels Inc. UUUU-47%
Margin changefastest expanders
1Uranium Royalty Corp. UROY+43,717.6 pp
2enCore Energy Corp. EU+140.1 pp
3Energy Fuels Inc. UUUU+107.8 pp
4Cameco Corporation CCJ−4.1 pp
5Centrus Energy Corp. LEU−27.0 pp
Operating margin · company comparison
7/13 level · 8/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyOPMMargin changeReported
enCore Energy Corp. EU54%+140.1 ppMar 2026
Cameco Corporation CCJ19%−4.1 ppMar 2026
Uranium Royalty Corp. UROY18%+43,717.6 ppMar 2026
Centrus Energy Corp. LEU1.0%−27.0 ppMar 2026
Energy Fuels Inc. UUUU-47%+107.8 ppMar 2026
Uranium Energy Corp. UEC-117%−109.3 ppJun 2026
Denison Mines Corp. DNN-464%−3,004.9 ppMar 2026
Ur-Energy Inc. URG-517%−68.1 ppMar 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Cameco Corporation · CCJ

-18%
-0.5%
1.7%
15%
-4.4%
-11%
14%
7.3%
24%
2.1%
20%
17%
14%
15%
24%
19%
15%
14%
19%

Centrus Energy Corp. · LEU

42%
24%
-9.6%
45%
-39%
25%
12%
15%
-5.7%
32%
-24%
11%
-13%
30%
28%
22%
-22%
8.8%
1.0%

Denison Mines Corp. · DNN

-383%
-343%
-217%
-496%
-535%
399%
-464%

enCore Energy Corp. · EU

-89%
-165%
-40%
-432%
-188%
6.7%
-86%
-526%
-158%
-136%
54%

Energy Fuels Inc. · UUUU

-393%
-38%
28%
-90%
42%
-19%
27%
46%
29%
-35%
-12%
-155%
-207%
-44%
-3.0%
-47%

Ur-Energy Inc. · URG

-30%
-26%
-48%
-181%
-154%
-245%
-185%
-104%
-151%
-313%
-172%
-517%

Uranium Energy Corp. · UEC

-37%
-37%
6.3%
11%
-17%
9.4%
-77%
-7.3%
-117%

Uranium Royalty Corp. · UROY

11%
7.8%
29%
25%
1.1%
-21%
9.2%
18%

Margin change · reported quarter history

Cameco Corporation · CCJ

+25.7 pp
+13.6 pp
−10.7 pp
+12.1 pp
−7.8 pp
+28.0 pp
+13.3 pp
+6.2 pp
+9.7 pp
−9.7 pp
+13.2 pp
+3.5 pp
+1.9 pp
+1.2 pp
−0.9 pp
−4.1 pp

Centrus Energy Corp. · LEU

+33.0 pp
−80.4 pp
+0.4 pp
+22.0 pp
−30.4 pp
+32.9 pp
+6.7 pp
−36.7 pp
−3.4 pp
−7.5 pp
−1.8 pp
+52.3 pp
+10.5 pp
−9.0 pp
−20.9 pp
−27.0 pp

Denison Mines Corp. · DNN

−174.2 pp
−112.5 pp
−192.1 pp
+3,746.8 pp
−2,012.0 pp
−9,588.3 pp
−4,822.3 pp
−3,445.9 pp
+959.1 pp
+6,347.6 pp
+3,594.5 pp
+1,601.0 pp
+2,405.9 pp
+3,272.1 pp
−209.1 pp
−3,004.9 pp

enCore Energy Corp. · EU

−342.5 pp
−22.7 pp
+2,884.9 pp
−45.3 pp
−94.3 pp
+29.3 pp
−142.6 pp
+140.1 pp

Energy Fuels Inc. · UUUU

+480.3 pp
+303.1 pp
+80.5 pp
−47.6 pp
+116.2 pp
+332.2 pp
+3.4 pp
+48.6 pp
−61.7 pp
+1,199.9 pp
−200.5 pp
−235.8 pp
−8.8 pp
+8.7 pp
+107.8 pp

Ur-Energy Inc. · URG

+38,927.8 pp
+4.4 pp
+3,957.9 pp
−128.8 pp
+22,654.8 pp
−4.7 pp
+50.4 pp
+94.1 pp
−127.9 pp
−68.1 pp

Uranium Energy Corp. · UEC

+48.0 pp
+20.0 pp
+11,837.6 pp
−10,548.0 pp
−10,458.0 pp
+10,464.4 pp
+10,440.1 pp
−109.3 pp

Uranium Royalty Corp. · UROY

+13.6 pp
−6.7 pp
−43,729.0 pp
−45.4 pp
−7,864.5 pp
+43,717.6 pp
03 · compare level, then change

Profit Scale & Acceleration

Cameco Corporation has the highest Net profit among the 13 Uranium companies compared here, at $651 million. Centrus Energy Corp. is next at $61 million. The same company also holds the highest Profit growth, at the 100% top of the scoring scale. 12 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Cameco Corporation leads with $651 million of TTM profit, 10.7× the profit of Centrus Energy Corp.. Cameco Corporation shows ≥100% on the scoring scale (162.5% uncapped) growth from a $651 million profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderCameco Corporation · $651 million
Gap10.7× versus #2 · Centrus Energy Corp.
Persistence5/8 recent comparable periods
Coverage12/13 companies · 216 observations

Investor read: Cameco Corporation sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Cameco Corporation CCJ$651M
2Centrus Energy Corp. LEU$61M
3Uranium Royalty Corp. UROY$5M
4Eagle Nuclear Energy Corp. NUCL · older report$-5M
5IsoEnergy Ltd. ISOU$-10M
Profit growthfastest growers
1Cameco Corporation CCJ100%
2Centrus Energy Corp. LEU-43%
3IsoEnergy Ltd. ISOU-225%
Net profit · company comparison
12/13 level · 3/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyNet profitProfit growthReported
Cameco Corporation CCJ$131M87%Mar 2026
Centrus Energy Corp. LEU$10M-63%Mar 2026
enCore Energy Corp. EU$3M-2,300%Mar 2026
Uranium Royalty Corp. UROY$2M-117%Mar 2026
IsoEnergy Ltd. ISOU$-2M-140%Mar 2026
Eagle Nuclear Energy Corp. NUCL$-2MDec 2025
Energy Fuels Inc. UUUU$-11M-400%Mar 2026
Deep Fission, Inc. FISN$-21MMar 2026
Ur-Energy Inc. URG$-29MMar 2026
Uranium Energy Corp. UEC$-52M-600%Jun 2026
Denison Mines Corp. DNN$-115M-186%Mar 2026
NexGen Energy Ltd. NXE$-156M-1,390%Mar 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Cameco Corporation · CCJ

$-72M
$11M
$40M
$84M
$-20M
$-15M
$119M
$14M
$148M
$80M
$-7M
$36M
$7M
$135M
$70M
$321M
$0M
$199M
$131M

Centrus Energy Corp. · LEU

$42M
$116M
$0M
$37M
$-6M
$21M
$7M
$13M
$8M
$56M
$-6M
$31M
$-5M
$54M
$27M
$29M
$4M
$18M
$10M

Deep Fission, Inc. · FISN

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$-2M
$-2M
$-3M
$0M
$-40M
$-13M
$-21M

Denison Mines Corp. · DNN

$33M
$-3M
$43M
$-16M
$-6M
$-6M
$-3M
$0M
$58M
$35M
$-20M
$-16M
$-26M
$-30M
$-44M
$12M
$-135M
$-51M
$-115M

Eagle Nuclear Energy Corp. · NUCL

$0M
$0M
$0M
$-1M
$-1M
$-1M
$-1M
$-2M

enCore Energy Corp. · EU

$-3M
$-2M
$-4M
$-2M
$-5M
$0M
$-7M
$-6M
$4M
$-3M
$-8M
$-24M
$-18M
$1M
$-25M
$-9M
$-6M
$-22M
$3M

Energy Fuels Inc. · UUUU

$-2M
$4M
$-1M
$2M
$-3M
$-3M
$8M
$-1M
$3M
$-6M
$12M
$3M
$-1M
$-5M
$-26M
$-9M
$-8M
$-1M
$-11M

IsoEnergy Ltd. · ISOU

$-4M
$-6M
$-9M
$8M
$-11M
$5M
$-5M
$4M
$-22M
$5M
$-5M
$-6M
$4M
$5M
$5M
$-2M
$0M
$-6M
$-2M

NexGen Energy Ltd. · NXE

$-20M
$232M
$30M
$18M
$-27M
$-24M
$-9M
$-17M
$-63M
$160M
$-34M
$13M
$10M
$-66M
$-51M
$-87M
$-129M
$-43M
$-156M

Ur-Energy Inc. · URG

$-9M
$0M
$-7M
$0M
$-5M
$-5M
$-1M
$-7M
$-17M
$-5M
$-19M
$-7M
$-8M
$-20M
$-11M
$-21M
$-27M
$-16M
$-29M

Uranium Energy Corp. · UEC

$-2M
$-2M
$-5M
$7M
$5M
$-4M
$11M
$-11M
$1M
$3M
$2M
$-20M
$-15M
$-20M
$-10M
$-30M
$-27M
$-10M
$-14M
$-52M

Uranium Royalty Corp. · UROY

$-1M
$-1M
$-2M
$-1M
$-2M
$-2M
$-2M
$1M
$-1M
$3M
$4M
$6M
$-2M
$0M
$-2M
$-1M
$2M
$2M
$2M

Profit growth · reported quarter history

Cameco Corporation · CCJ

-236%
198%
-83%
-106%
157%
-95%
69%
792%
-100%
47%
87%

Centrus Energy Corp. · LEU

208%
-114%
-82%
-65%
167%
-186%
138%
-163%
-3.6%
-6.5%
-67%
-63%

Denison Mines Corp. · DNN

-118%
-107%
-145%
-186%

enCore Energy Corp. · EU

-550%
-2,300%

Energy Fuels Inc. · UUUU

-175%
-150%
50%
-133%
-317%
-400%

IsoEnergy Ltd. · ISOU

-50%
0.0%
-250%
0.0%
-100%
-220%
-140%

NexGen Energy Ltd. · NXE

-110%
-130%
-194%
-141%
-769%
-1,390%

Uranium Energy Corp. · UEC

-257%
-80%
-82%
-1,600%
-767%
-600%

Uranium Royalty Corp. · UROY

500%
-100%
-150%
-117%
04 · compare level, then change

Capacity Spending & Returns On It

Cameco Corporation has the highest CAPEX among the 13 Uranium companies compared here, at $78 million. NexGen Energy Ltd. is next at $29 million. Denison Mines Corp. has the highest CAPEX intensity at 1400%, so level and change sit with different companies. 10 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Cameco Corporation reports $78 million of CAPEX; Denison Mines Corp. has the highest covered intensity at 1400%. Coverage is only 10 of 13 companies and 158 reported observations, so this is partial evidence—not a complete sector rank.

LeaderCameco Corporation · $78 million
Gap169% versus #2 · NexGen Energy Ltd.
Persistence8/8 recent comparable periods
Coverage10/13 companies · 158 observations

Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.

This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.

CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Cameco Corporation CCJ$78M
2NexGen Energy Ltd. NXE$29M
3Centrus Energy Corp. LEU$23M
4Denison Mines Corp. DNN$14M
5Ur-Energy Inc. URG$12M
CAPEX intensityhighest reinvestment intensity
1Denison Mines Corp. DNN1,400%
2Ur-Energy Inc. URG300%
3Centrus Energy Corp. LEU30%
4Cameco Corporation CCJ9.2%
5enCore Energy Corp. EU5.6%
Capital expenditure · company comparison
10/13 level · 6/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyCAPEXCAPEX intensityReported
Cameco Corporation CCJ$78M9.2%Mar 2026
NexGen Energy Ltd. NXE$29MMar 2026
Centrus Energy Corp. LEU$23M30%Mar 2026
Denison Mines Corp. DNN$14M1,400%Mar 2026
Ur-Energy Inc. URG$12M300%Mar 2026
Uranium Energy Corp. UEC$4M5.0%Jun 2026
enCore Energy Corp. EU$1M5.6%Mar 2026
Deep Fission, Inc. FISN$0MMar 2026
IsoEnergy Ltd. ISOU$0MMar 2026
Eagle Nuclear Energy Corp. NUCL$0MDec 2025
Full 20-quarter history · every available company

CAPEX · reported quarter history

Cameco Corporation · CCJ

$31M
$37M
$30M
$36M
$43M
$34M
$27M
$40M
$43M
$44M
$40M
$47M
$60M
$64M
$56M
$75M
$93M
$109M
$78M

Centrus Energy Corp. · LEU

$0M
$1M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$1M
$2M
$1M
$1M
$1M
$2M
$4M
$4M
$10M
$23M

Deep Fission, Inc. · FISN

$0M
$0M
$0M
$0M
$0M
$0M
$0M

Denison Mines Corp. · DNN

$0M
$1M
$3M
$1M
$2M
$1M
$1M
$1M
$0M
$2M
$2M
$1M
$2M
$2M
$6M
$5M
$8M
$31M
$14M

Eagle Nuclear Energy Corp. · NUCL

$0M
$0M
$0M
$0M
$0M
$0M
$0M

enCore Energy Corp. · EU

$0M
$0M
$0M
$0M
$0M
$0M
$1M
$5M
$2M
$2M
$2M
$3M
$2M
$6M
$6M
$5M
$3M
$6M
$1M

IsoEnergy Ltd. · ISOU

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M

NexGen Energy Ltd. · NXE

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$4M
$1M
$0M
$1M
$1M
$1M
$0M
$0M
$0M
$0M
$29M

Ur-Energy Inc. · URG

$0M
$1M
$0M
$0M
$0M
$0M
$1M
$1M
$1M
$0M
$1M
$1M
$4M
$3M
$4M
$5M
$5M
$9M
$12M

Uranium Energy Corp. · UEC

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$1M
$0M
$0M
$1M
$1M
$1M
$2M
$1M
$1M
$1M
$4M

CAPEX intensity · reported quarter history

Cameco Corporation · CCJ

8.6%
8.0%
7.5%
6.5%
11%
6.5%
3.9%
8.3%
7.5%
5.2%
6.3%
7.9%
8.3%
5.4%
7.1%
8.6%
15%
9.1%
9.2%

Centrus Energy Corp. · LEU

0.0%
1.1%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
1.0%
4.5%
0.5%
1.7%
0.7%
2.7%
2.6%
5.3%
6.8%
30%

Denison Mines Corp. · DNN

0.0%
33%
75%
14%
67%
33%
100%
0.0%
200%
200%
100%
200%
200%
600%
500%
800%
3,100%
1,400%

enCore Energy Corp. · EU

71%
50%
6.7%
60%
22%
33%
125%
33%
50%
5.6%

Ur-Energy Inc. · URG

6.3%
0.0%
17%
17%
0.0%
20%
67%
13%
50%
83%
90%
300%

Uranium Energy Corp. · UEC

0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
5.9%
2.0%
5.0%
Annual capital allocation · 6-year view
12/13 capacity base · 13/13 OCF · 11/13 CAPEX · 13/13 FCF

Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.

Full annual capacity base, operating cash flow, CAPEX and free cash flow history

Capacity base · net fixed assets + CWIP · fiscal-year history

Cameco Corporation · CCJ

$3.6B
$3.5B
$3.4B
$3.3B
$3.3B

Deep Fission, Inc. · FISN

$0M
$0M

Denison Mines Corp. · DNN

$254M
$254M
$255M
$260M
$317M

enCore Energy Corp. · EU

$138M
$148M
$219M
$296M
$310M

Energy Fuels Inc. · UUUU

$0M
$0M
$146M
$334M
$382M

IsoEnergy Ltd. · ISOU

$0M
$0M
$15M
$16M
$16M

NexGen Energy Ltd. · NXE

$7M
$5M
$5M
$5M
$8M

Ur-Energy Inc. · URG

$56M
$56M
$56M
$67M
$94M

Uranium Energy Corp. · UEC

$71M
$202M
$585M
$578M
$777M

Operating cash flow · fiscal-year history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cameco Corporation · CCJ

$458M
$305M
$688M
$905M
$1.4B

Deep Fission, Inc. · FISN

$-3M
$-13M

Denison Mines Corp. · DNN

$-21M
$-28M
$-31M
$-40M
$-68M

enCore Energy Corp. · EU

$-5M
$-20M
$-23M
$-45M
$-25M

Energy Fuels Inc. · UUUU

$-58M
$-60M
$100M
$-48M
$-85M

IsoEnergy Ltd. · ISOU

$-3M
$-3M
$-6M
$-10M
$-13M

NexGen Energy Ltd. · NXE

$-17M
$-20M
$-53M
$-24M
$-48M

Nuclea Energy Inc. · NCLA

$0M
$0M

Ur-Energy Inc. · URG

$-12M
$-18M
$-17M
$-72M
$-43M

Uranium Energy Corp. · UEC

$-41M
$-53M
$73M
$-106M
$-64M

Uranium Royalty Corp. · UROY

$-14M
$-69M
$-11M
$-105M
$-22M

CAPEX · reported cash flow · fiscal-year history

Cameco Corporation · CCJ

$99M
$143M
$154M
$212M
$333M

Deep Fission, Inc. · FISN

$0M
$0M

IsoEnergy Ltd. · ISOU

$0M
$1M
$0M

NexGen Energy Ltd. · NXE

$1M
$0M
$6M
$2M
$1M

Nuclea Energy Inc. · NCLA

$0M

Ur-Energy Inc. · URG

$1M
$1M
$2M
$9M
$24M

Free cash flow · fiscal-year history

Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Cameco Corporation · CCJ

$360M
$161M
$535M
$694M
$1.1B

Deep Fission, Inc. · FISN

$-3M
$-13M

Denison Mines Corp. · DNN

$-22M
$-35M
$-34M
$-48M
$-119M

enCore Energy Corp. · EU

$-4M
$-16M
$-23M
$-39M
$-33M

Energy Fuels Inc. · UUUU

$-58M
$-60M
$100M
$-48M
$-85M

IsoEnergy Ltd. · ISOU

$-3M
$-3M
$-6M
$-11M
$-13M

NexGen Energy Ltd. · NXE

$-18M
$-21M
$-59M
$-26M
$-48M

Nuclea Energy Inc. · NCLA

$0M
$0M

Ur-Energy Inc. · URG

$-13M
$-19M
$-19M
$-81M
$-67M

Uranium Energy Corp. · UEC

$-42M
$-54M
$72M
$-108M
$-70M

Uranium Royalty Corp. · UROY

$-14M
$-69M
$-11M
$-105M
$-22M
05 · compare level, then change

Debt Load & Balance-Sheet Headroom

Deep Fission, Inc. has the lowest Gross debt among the 13 Uranium companies compared here, at $0 million. Centrus Energy Corp. has the lowest Net debt at $689 million net cash, so level and change sit with different companies. 12 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Centrus Energy Corp. has the clearest covered balance-sheet capacity with $689 million net cash and gross debt of $1,179 million. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.

LeaderDeep Fission, Inc. · $0 million
Gapnull versus #2 · Eagle Nuclear Energy Corp.
Persistence4/8 recent comparable periods
Coverage12/13 companies · 209 observations

Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.

This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.

Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Deep Fission, Inc. FISN$0M
2Eagle Nuclear Energy Corp. NUCL · older report$0M
3Uranium Energy Corp. UEC$0M
4Uranium Royalty Corp. UROY$0M
5IsoEnergy Ltd. ISOU$6M
Net debtlowest net debt
1Centrus Energy Corp. LEU$-689M
2Uranium Energy Corp. UEC$-488M
3NexGen Energy Ltd. NXE$-303M
4Energy Fuels Inc. UUUU$-234M
5IsoEnergy Ltd. ISOU$-177M
Debt and balance-sheet capacity · company comparison
12/13 level · 12/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGross debtNet debtReported
Centrus Energy Corp. LEU$1.2B$-689MMar 2026
Cameco Corporation CCJ$997M$-113MMar 2026
Denison Mines Corp. DNN$730M$169MMar 2026
NexGen Energy Ltd. NXE$715M$-303MMar 2026
Energy Fuels Inc. UUUU$677M$-234MMar 2026
enCore Energy Corp. EU$82M$2MMar 2026
Ur-Energy Inc. URG$69M$-54MMar 2026
IsoEnergy Ltd. ISOU$6M$-177MMar 2026
Uranium Energy Corp. UEC$0M$-488MJun 2026
Deep Fission, Inc. FISN$0M$-85MMar 2026
Uranium Royalty Corp. UROY$0M$-139MMar 2026
Eagle Nuclear Energy Corp. NUCL$0M$-1MDec 2025
Full 20-quarter history · every available company

Gross debt · reported quarter history

Cameco Corporation · CCJ

$996M
$996M
$996M
$997M
$997M
$997M
$997M
$997M
$998M
$1.8B
$1.5B
$1.4B
$1.3B
$1.3B
$996M
$996M
$996M
$996M
$997M

Centrus Energy Corp. · LEU

$108M
$130M
$137M
$151M
$148M
$151M
$172M
$173M
$170M
$173M
$170M
$172M
$171M
$545M
$458M
$430M
$1.2B
$1.2B
$1.2B

Deep Fission, Inc. · FISN

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$2M
$0M
$11M
$20M
$20M
$0M
$0M
$0M

Denison Mines Corp. · DNN

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$599M
$612M
$730M

Eagle Nuclear Energy Corp. · NUCL

$0M

enCore Energy Corp. · EU

$0M
$0M
$0M
$0M
$0M
$0M
$57M
$57M
$40M
$15M
$21M
$15M
$16M
$20M
$10M
$10M
$79M
$113M
$82M

Energy Fuels Inc. · UUUU

$1M
$0M
$0M
$0M
$0M
$0M
$1M
$1M
$1M
$0M
$1M
$1M
$1M
$0M
$0M
$0M
$0M
$676M
$677M

IsoEnergy Ltd. · ISOU

$22M
$25M
$32M
$22M
$30M
$27M
$31M
$26M
$46M
$38M
$40M
$43M
$38M
$31M
$17M
$16M
$6M
$6M
$6M

NexGen Energy Ltd. · NXE

$77M
$75M
$93M
$65M
$77M
$82M
$79M
$81M
$191M
$160M
$178M
$466M
$431M
$457M
$425M
$489M
$593M
$587M
$715M

Ur-Energy Inc. · URG

$12M
$12M
$12M
$12M
$12M
$11M
$10M
$9M
$8M
$7M
$1M
$1M
$1M
$1M
$1M
$2M
$2M
$68M
$69M

Uranium Energy Corp. · UEC

$10M
$11M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M
$0M

Uranium Royalty Corp. · UROY

$6M
$6M
$13M
$13M
$15M
$16M
$16M
$10M
$0M
$0M
$0M
$0M
$0M
$19M
$0M
$0M
$0M
$0M
$0M

Net debt · reported quarter history

Cameco Corporation · CCJ

$-364M
$-336M
$-483M
$-429M
$-347M
$-1.3B
$-1.5B
$-1.5B
$-1.7B
$1.2B
$1.2B
$1.0B
$1.1B
$681M
$635M
$280M
$217M
$-218M
$-113M

Centrus Energy Corp. · LEU

$-63M
$-64M
$-32M
$35M
$16M
$-29M
$-17M
$-40M
$-13M
$-28M
$-39M
$-55M
$-23M
$-126M
$-195M
$-403M
$-418M
$-743M
$-689M

Deep Fission, Inc. · FISN

$0M
$0M
$0M
$0M
$0M
$0M
$0M
$1M
$0M
$4M
$15M
$15M
$-30M
$-24M
$-85M

Denison Mines Corp. · DNN

$-77M
$-78M
$-84M
$-66M
$-65M
$-59M
$-67M
$-55M
$-84M
$-141M
$-142M
$-128M
$-116M
$-115M
$-91M
$-94M
$116M
$73M
$169M

Eagle Nuclear Energy Corp. · NUCL

$-1M

enCore Energy Corp. · EU

$-9M
$-9M
$-26M
$-24M
$-16M
$-6M
$51M
$54M
$20M
$-3M
$-87M
$-37M
$-33M
$-44M
$-35M
$-28M
$-4M
$17M
$2M

Energy Fuels Inc. · UUUU

$-100M
$-25M
$-106M
$-98M
$-89M
$-12M
$-103M
$-99M
$-124M
$-190M
$-195M
$-170M
$-148M
$-119M
$-163M
$-198M
$-235M
$-186M
$-234M

IsoEnergy Ltd. · ISOU

$-3M
$2M
$13M
$9M
$19M
$1M
$9M
$7M
$32M
$-16M
$-41M
$-24M
$-30M
$-21M
$-64M
$-109M
$-124M
$-110M
$-177M

NexGen Energy Ltd. · NXE

$-161M
$-136M
$-103M
$-102M
$-70M
$-58M
$-62M
$-27M
$-187M
$-131M
$-205M
$-106M
$-107M
$-20M
$-10M
$117M
$287M
$-537M
$-303M

Ur-Energy Inc. · URG

$-21M
$-34M
$-34M
$-31M
$-28M
$-22M
$-67M
$-59M
$-47M
$-53M
$-53M
$-60M
$-117M
$-75M
$-74M
$-56M
$-50M
$-56M
$-54M

Uranium Energy Corp. · UEC

$-34M
$-85M
$-23M
$-24M
$-33M
$-21M
$-33M
$-17M
$-46M
$-50M
$-82M
$-88M
$-156M
$-191M
$-62M
$-71M
$-149M
$-455M
$-486M
$-488M

Uranium Royalty Corp. · UROY

$-54M
$-57M
$-32M
$-43M
$-36M
$-43M
$-49M
$-43M
$-47M
$-80M
$-11M
$-30M
$-13M
$-2M
$-17M
$-20M
$-49M
$-82M
$-139M
06 · compare level, then change

Return On Capital Employed

enCore Energy Corp. has the highest ROCE among the 13 Uranium companies compared here, at 3%. Cameco Corporation is next at 1.8%. Nuclea Energy Inc. has the highest ROCE change at +6646.1 percentage points, so level and change sit with different companies. 13 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: enCore Energy Corp. leads ROCE at 3%, 1.2 percentage points above Cameco Corporation. Nuclea Energy Inc. has the strongest latest improvement at +6646.1 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderenCore Energy Corp. · 3%
Gap66.7% versus #2 · Cameco Corporation
Persistence4/8 recent comparable periods
Coverage13/13 companies · 213 observations

Investor read: enCore Energy Corp. sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1enCore Energy Corp. EU3.0%
2Cameco Corporation CCJ1.8%
3Uranium Royalty Corp. UROY0.9%
4Centrus Energy Corp. LEU0.1%
5IsoEnergy Ltd. ISOU-1.4%
ROCE changefastest improvers
1Nuclea Energy Inc. NCLA+6,646.1 pp
2Deep Fission, Inc. FISN+24.2 pp
3enCore Energy Corp. EU+7.2 pp
4Energy Fuels Inc. UUUU+3.5 pp
5Ur-Energy Inc. URG+1.5 pp
Return on capital · company comparison
13/13 level · 13/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyROCEROCE changeReported
enCore Energy Corp. EU3.0%+7.2 ppMar 2026
Cameco Corporation CCJ1.8%−0.3 ppMar 2026
Uranium Royalty Corp. UROY0.9%+1.5 ppMar 2026
Centrus Energy Corp. LEU0.1%−4.0 ppMar 2026
IsoEnergy Ltd. ISOU-1.4%0.0 ppMar 2026
NexGen Energy Ltd. NXE-1.5%−0.2 ppMar 2026
Energy Fuels Inc. UUUU-1.7%+3.5 ppMar 2026
Uranium Energy Corp. UEC-3.2%−0.7 ppJun 2026
Denison Mines Corp. DNN-3.5%−4.4 ppMar 2026
Ur-Energy Inc. URG-9.7%+1.5 ppMar 2026
Deep Fission, Inc. FISN-47%+24.2 ppMar 2026
Eagle Nuclear Energy Corp. NUCL-259%−427.3 ppDec 2025
Full 20-quarter history · every available company

ROCE · reported quarter history

Cameco Corporation · CCJ

-0.9%
0.0%
0.1%
1.2%
-0.2%
-0.8%
1.2%
0.5%
1.8%
0.2%
1.5%
1.2%
1.2%
2.1%
2.1%
1.9%
1.0%
1.9%
1.8%

Centrus Energy Corp. · LEU

25%
15%
-2.1%
23%
-6.9%
14%
3.4%
5.4%
-1.1%
11%
-3.5%
7.3%
-2.6%
8.4%
4.1%
6.0%
-1.8%
0.9%
0.1%

Deep Fission, Inc. · FISN

0.0%
0.0%
39%
34%
64%
29%
24%
22%
15%
-1.6%
26%
26%
584%
-62%
-71%
-0.5%
-59%
-63%
-47%

Denison Mines Corp. · DNN

-9.4%
-2.8%
-13%
-3.1%
-3.0%
-3.2%
-4.3%
-4.2%
-14%
-9.7%
-1.7%
-2.8%
-4.2%
-3.1%
0.9%
2.3%
-0.6%
-2.9%
-3.5%

Eagle Nuclear Energy Corp. · NUCL

168%
-51%
-86%
-259%

enCore Energy Corp. · EU

-13%
-1.9%
-4.0%
-4.2%
-4.7%
0.0%
-3.3%
-2.7%
-2.8%
-5.0%
-3.5%
-8.0%
-5.9%
-0.1%
-4.2%
-6.2%
-4.8%
-4.3%
3.0%

Energy Fuels Inc. · UUUU

-1.3%
0.0%
-0.5%
0.7%
-1.0%
-15%
2.5%
-0.4%
0.9%
-2.8%
3.0%
0.7%
-0.4%
-1.0%
-5.2%
-1.6%
-1.4%
-0.1%
-1.7%

IsoEnergy Ltd. · ISOU

-1.1%
-4.0%
-3.2%
-2.6%
-4.3%
-3.2%
-2.1%
-2.1%
-2.4%
-2.1%
-1.7%
-1.5%
-2.2%
-2.0%
-1.4%
-1.1%
-1.2%
-1.8%
-1.4%

NexGen Energy Ltd. · NXE

-1.9%
-4.6%
-2.2%
-2.2%
-3.0%
-3.9%
-2.6%
-2.8%
-3.6%
-4.5%
-2.3%
-2.0%
-1.8%
-2.4%
-1.3%
-1.3%
-2.1%
-2.4%
-1.5%

Ur-Energy Inc. · URG

-4.2%
-5.0%
-5.0%
-5.1%
-4.4%
13%
-2.5%
-7.5%
-9.2%
-7.6%
-13%
-8.5%
-7.6%
-16%
-11%
-11%
-11%
-8.6%
-9.7%

Uranium Energy Corp. · UEC

-3.1%
-2.6%
-1.5%
-3.7%
0.8%
1.0%
-0.7%
0.7%
-1.6%
-1.5%
-1.8%
-2.4%
-1.6%
-0.4%
-2.5%
-3.4%
-2.6%
-1.9%
-3.2%

Uranium Royalty Corp. · UROY

-1.5%
-1.5%
-1.0%
-1.1%
-1.0%
-1.2%
-1.2%
0.9%
-0.9%
0.6%
2.1%
1.3%
-1.0%
0.0%
-0.6%
-0.3%
1.1%
-1.1%
0.9%

ROCE change · reported quarter history

Cameco Corporation · CCJ

+0.7 pp
−0.8 pp
+1.1 pp
−0.7 pp
+2.0 pp
+1.0 pp
+0.3 pp
+0.7 pp
−0.6 pp
+1.9 pp
+0.6 pp
+0.7 pp
−0.2 pp
−0.2 pp
−0.3 pp

Centrus Energy Corp. · LEU

−32.0 pp
−0.1 pp
+5.5 pp
−17.9 pp
+5.8 pp
−3.2 pp
−6.9 pp
+1.9 pp
−1.5 pp
−2.8 pp
+7.6 pp
−1.3 pp
+0.8 pp
−7.5 pp
−4.0 pp

Deep Fission, Inc. · FISN

+64.2 pp
+28.7 pp
−14.9 pp
−12.4 pp
−49.6 pp
−30.3 pp
+2.0 pp
+4.5 pp
+569.8 pp
−60.2 pp
−97.0 pp
−26.7 pp
−643.5 pp
−0.8 pp
+24.2 pp

Denison Mines Corp. · DNN

+6.4 pp
−0.4 pp
+8.4 pp
−1.1 pp
−11.2 pp
−6.5 pp
+2.6 pp
+1.4 pp
+10.0 pp
+6.6 pp
+2.6 pp
+5.1 pp
+3.6 pp
+0.2 pp
−4.4 pp

Eagle Nuclear Energy Corp. · NUCL

−427.3 pp

enCore Energy Corp. · EU

+8.7 pp
+1.9 pp
+0.7 pp
+1.5 pp
+1.9 pp
−5.0 pp
−0.2 pp
−5.3 pp
−3.1 pp
+4.9 pp
−0.7 pp
+1.8 pp
+1.1 pp
−4.2 pp
+7.2 pp

Energy Fuels Inc. · UUUU

+0.3 pp
−15.1 pp
+3.0 pp
−1.1 pp
+1.9 pp
+12.3 pp
+0.5 pp
+1.1 pp
−1.3 pp
+1.8 pp
−8.2 pp
−2.3 pp
−1.0 pp
+0.9 pp
+3.5 pp

IsoEnergy Ltd. · ISOU

−3.2 pp
+0.8 pp
+1.1 pp
+0.5 pp
+1.9 pp
+1.1 pp
+0.4 pp
+0.6 pp
+0.2 pp
+0.1 pp
+0.3 pp
+0.4 pp
+1.0 pp
+0.2 pp
0.0 pp

NexGen Energy Ltd. · NXE

−1.1 pp
+0.7 pp
−0.4 pp
−0.6 pp
−0.6 pp
−0.6 pp
+0.3 pp
+0.8 pp
+1.8 pp
+2.1 pp
+1.0 pp
+0.7 pp
−0.3 pp
0.0 pp
−0.2 pp

Ur-Energy Inc. · URG

−0.2 pp
+17.9 pp
+2.5 pp
−2.4 pp
−4.8 pp
−20.5 pp
−10.0 pp
−1.0 pp
+1.6 pp
−8.5 pp
+1.3 pp
−2.6 pp
−3.6 pp
+7.5 pp
+1.5 pp

Uranium Energy Corp. · UEC

+3.9 pp
+3.6 pp
+0.8 pp
+4.4 pp
−2.4 pp
−2.5 pp
−1.1 pp
−3.1 pp
0.0 pp
+1.1 pp
−0.7 pp
−1.0 pp
−1.0 pp
−1.5 pp
−0.7 pp

Uranium Royalty Corp. · UROY

+0.5 pp
+0.3 pp
−0.2 pp
+2.0 pp
+0.1 pp
+1.8 pp
+3.3 pp
+0.4 pp
−0.1 pp
−0.6 pp
−2.7 pp
−1.6 pp
+2.1 pp
−1.1 pp
+1.5 pp
07 · compare level, then change

Valuation Against Growth & Quality

Centrus Energy Corp. has the lowest Guarded PEG among the 13 Uranium companies compared here, at 1.26×. Cameco Corporation is next at 2.64×. Energy Fuels Inc. has the lowest P/E at 11.6×, so level and change sit with different companies. 2 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Centrus Energy Corp. has the lowest comparable Guarded PEG at 1.26×, 52.3% below Cameco Corporation. Only 2 of 13 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderCentrus Energy Corp. · 1.26×
Gap52.3% versus #2 · Cameco Corporation
Persistence0/8 recent comparable periods
Coverage2/13 companies · 6 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Centrus Energy Corp. LEU1.3
2Cameco Corporation CCJ2.6
P/Elowest P/E
1Energy Fuels Inc. UUUU11.6
2IsoEnergy Ltd. ISOU31.7
3NexGen Energy Ltd. NXE40.1
4Denison Mines Corp. DNN45.7
5Centrus Energy Corp. LEU57.5
Valuation · company comparison
2/13 level · 8/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyGuarded PEGP/EReported
Cameco Corporation CCJ2.6101.3Mar 2026
Centrus Energy Corp. LEU1.357.5Mar 2026
NexGen Energy Ltd. NXE40.1Mar 2026
Uranium Energy Corp. UEC595.0Jun 2026
Energy Fuels Inc. UUUU11.6Mar 2026
Denison Mines Corp. DNN45.7Mar 2026
IsoEnergy Ltd. ISOU31.7Mar 2026
Uranium Royalty Corp. UROY157.3Mar 2026
Full 20-quarter history · every available company

Guarded PEG · reported quarter history

Cameco Corporation · CCJ

6.3
2.6

Centrus Energy Corp. · LEU

0.2
0.2
3.5
1.3

P/E · reported quarter history

Cameco Corporation · CCJ

169.1
126.5
139.8
90.8
197.6
89.8
68.9
110.7
116.2
248.5
189.1
84.6
74.3
87.1
93.0
101.3

Centrus Energy Corp. · LEU

37.9
5.1
3.4
2.2
5.0
9.6
8.3
14.8
18.1
10.0
9.1
7.6
11.5
14.9
9.7
30.1
47.1
62.3
57.5

Denison Mines Corp. · DNN

92.0
87.0
40.8
42.3
77.5
31.9
23.2
33.1
45.7

Energy Fuels Inc. · UUUU

6.2
7.5
4.1
5.2
12.7
12.0
12.6
11.6

IsoEnergy Ltd. · ISOU

31.7

NexGen Energy Ltd. · NXE

24.1
21.3
15.4
9.6
10.7
57.9
95.7
73.4
40.1

Uranium Energy Corp. · UEC

210.0
210.5
57.6
261.0
595.0

Uranium Royalty Corp. · UROY

397.0
75.7
40.3
41.9
77.0
343.0
342.0
157.3
08 · compare level, then change

Enterprise Value & Book Value

Centrus Energy Corp. has the lowest EV/EBITDA among the 13 Uranium companies compared here, at 66.3×. Cameco Corporation is next at 73.3×. IsoEnergy Ltd. has the lowest P/BV at 1.8×, so level and change sit with different companies. 6 of 13 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: Centrus Energy Corp. leads ev/ebitda at 66.3×; IsoEnergy Ltd. leads p/bv at 1.8×.

LeaderCentrus Energy Corp. · 66.3×
Gap9.5% versus #2 · Cameco Corporation
Persistence0/8 recent comparable periods
Coverage6/13 companies · 53 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.

EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Centrus Energy Corp. LEU66.3
2Cameco Corporation CCJ73.3
3enCore Energy Corp. EU75.7
4Energy Fuels Inc. UUUU107.7
5Uranium Energy Corp. UEC121.1
P/BVlowest P/BV
1IsoEnergy Ltd. ISOU1.8
2enCore Energy Corp. EU1.9
3Uranium Royalty Corp. UROY2.4
4Centrus Energy Corp. LEU4.4
5Uranium Energy Corp. UEC5.2
Enterprise and book valuation · company comparison
6/13 level · 11/13 change

Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.

All-company data · latest reported quarter

Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyEV/EBITDAP/BVReported
Uranium Royalty Corp. UROY395.92.4Mar 2026
Uranium Energy Corp. UEC121.15.2Jun 2026
Energy Fuels Inc. UUUU107.76.2Mar 2026
enCore Energy Corp. EU75.71.9Mar 2026
Cameco Corporation CCJ73.39.3Mar 2026
Centrus Energy Corp. LEU66.34.4Mar 2026
NexGen Energy Ltd. NXE6.3Mar 2026
Denison Mines Corp. DNN17.2Mar 2026
IsoEnergy Ltd. ISOU1.8Mar 2026
Ur-Energy Inc. URG7.1Mar 2026
Eagle Nuclear Energy Corp. NUCL69.8Dec 2025
Full 20-quarter history · every available company

EV/EBITDA · reported quarter history

Cameco Corporation · CCJ

76.2
196.2
168.0
45.6
52.6
62.5
43.8
66.6
53.0
51.7
53.1
51.6
51.3
41.5
30.5
46.3
54.5
59.8
73.3

Centrus Energy Corp. · LEU

6.3
8.5
6.4
3.5
10.2
6.4
5.9
9.6
14.8
13.9
15.4
13.0
19.2
16.8
9.6
28.6
56.7
67.1
66.3

enCore Energy Corp. · EU

254.0
75.7

Energy Fuels Inc. · UUUU

166.2
573.1
168.7
110.6
72.3
107.7

Uranium Energy Corp. · UEC

121.1

Uranium Royalty Corp. · UROY

89.5
50.4
61.3
89.1
689.5
395.9

P/BV · reported quarter history

Cameco Corporation · CCJ

2.3
2.3
3.0
2.2
3.0
2.3
2.6
3.0
3.8
4.1
4.2
4.7
4.5
5.0
4.0
6.5
7.5
7.9
9.3

Centrus Energy Corp. · LEU

-2.4
-5.1
-3.7
-3.8
-5.9
-6.4
-11.2
-15.6
-36.7
26.4
19.7
9.1
11.8
6.9
5.0
9.3
15.6
6.2
4.4

Denison Mines Corp. · DNN

3.8
3.6
3.7
2.4
3.0
2.9
2.7
3.1
3.6
3.2
3.8
4.0
3.8
4.1
3.2
4.2
8.5
8.9
17.2

Eagle Nuclear Energy Corp. · NUCL

-177.7
-180.2
22.0
29.7
69.8

enCore Energy Corp. · EU

4.6
0.9
0.8
0.5
1.6
1.2
1.4
1.5
1.9
3.3
2.3
3.2
3.4
2.2
1.0
2.0
3.4
2.0
1.9

Energy Fuels Inc. · UUUU

4.4
54.6
5.1
2.9
3.8
80.7
2.5
2.8
3.5
3.1
2.7
2.6
2.4
1.9
1.4
2.1
5.2
5.1
6.2

IsoEnergy Ltd. · ISOU

6.8
7.1
10.4
5.5
7.8
4.8
5.6
4.2
10.6
2.1
2.0
2.1
1.9
1.5
1.3
1.4
1.9
1.7
1.8

NexGen Energy Ltd. · NXE

6.7
6.1
8.2
5.1
5.7
6.9
5.7
6.9
6.7
5.9
6.1
4.5
4.1
4.6
3.3
5.3
7.8
4.6
6.3

Ur-Energy Inc. · URG

6.8
3.8
5.4
3.5
3.7
4.1
2.9
3.1
5.6
5.6
5.9
4.5
2.8
3.2
2.0
3.8
7.4
6.8
7.1

Uranium Energy Corp. · UEC

4.5
2.6
3.9
3.7
2.7
2.4
1.6
2.2
3.4
4.0
3.5
3.1
3.8
3.5
2.6
4.0
5.6
6.0
5.2

Uranium Royalty Corp. · UROY

2.7
3.9
2.7
2.5
2.2
1.8
2.1
1.6
1.7
1.9
2.1
1.4
1.5
1.7
1.5
1.1
1.6
2.9
2.4
09 · let price answer last

Market action

IsoEnergy Ltd. has the strongest one-year price move in Uranium at +48.7%. It also leads on Mansfield relative strength against the S&P 500 at -11.8%. 0 of 11 covered companies are above zero on that measure. Every line covers 314 weekly closes through 2026-07-28.

Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength

Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.

Before the conclusion · check the blind spots

What can make this comparison misleading?

This Uranium comparison names 6 specific ways its own evidence can mislead, all listed below. 1 of the 13 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. 1 of the 8 ranked sections has fewer than three usable current readings. A high growth rate can still be a low-base artefact.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
  • Thin comparisons: Valuation have fewer than three usable current readings.
10 · the complete set

Which companies are included?

All 13 companies in the canonical Uranium membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. The charts above default to a selective view; this register is the complete set, with each company's own latest reporting date beside it.

AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.

CompanyMarket valuePricePriced toLatest fundamentals
Cameco Corporation CCJ$38.9B$87.02026-07-28Mar 2026
NexGen Energy Ltd. NXE$6.2B$9.22026-07-28Mar 2026
Uranium Energy Corp. UEC$4.7B$9.42026-07-28Jun 2026
Centrus Energy Corp. LEU$3.3B$1702026-07-28Mar 2026
Energy Fuels Inc. UUUU$2.8B$11.32026-07-28Mar 2026
Denison Mines Corp. DNN$2.5B$2.82026-07-28Mar 2026
Deep Fission, Inc. FISN$597M$9.92026-07-28Mar 2026
IsoEnergy Ltd. ISOU$571M$9.42026-07-28Mar 2026
Ur-Energy Inc. URG$482M$1.22026-07-28Mar 2026
Uranium Royalty Corp. UROY$405M$2.82026-07-28Mar 2026
Nuclea Energy Inc. NCLA$354M
enCore Energy Corp. EU$223M$1.22026-07-28Mar 2026
Eagle Nuclear Energy Corp. NUCL$161M$5.42026-07-28Dec 2025
Evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 13 Uranium companies, normalized to a common $ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-28. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-28 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Questions investors ask · short, speakable answers

Uranium company comparison FAQs

These 18 answers restate the Uranium comparison above in question form. Every one is computed from the same 13 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-28. Nothing here is estimated, and none of it is a recommendation.

Which Uranium company is the biggest?

Cameco Corporation is the largest, with trailing-twelve-month revenue of $3,538 million, ahead of Centrus Energy Corp. at $453 million. That covers 7 of 13 companies with comparable reporting through Mar 2026.

Which Uranium company is growing fastest?

enCore Energy Corp. has the fastest revenue growth at 53.6% year on year, across 5 of 13 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.

Which Uranium company has the best profit margins?

enCore Energy Corp. has the highest operating margin at 54.4%, from 7 of 13 comparable companies. Uranium Royalty Corp. shows the biggest recent improvement, at +43717.6 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Uranium company makes the most profit?

Cameco Corporation earns the most, at $651 million of trailing-twelve-month net profit, from 12 of 13 comparable companies. Cameco Corporation has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.

Which Uranium company earns the highest return on capital?

enCore Energy Corp. leads on return on capital employed at 3%, across 13 of 13 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Uranium stock is the cheapest?

On guarded PEG — where a LOWER number is cheaper — Centrus Energy Corp. screens cheapest at 1.26×. Only 2 of 13 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Which Uranium company has the strongest balance sheet?

Deep Fission, Inc. carries the lowest comparable gross debt at $0 million, from 12 of 13 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.

Which Uranium company is investing most in new capacity?

Cameco Corporation reports the largest capital spending at $78 million, across 10 of 13 companies. Spending consumes cash before it earns anything, so treat the ranking as a diligence queue: check commissioning, utilisation and the return earned on the completed assets before reading spend as value creation.

Is the Uranium sector beating the market?

Uranium has underperformed S&P 500 by 7.4% over the last 52 weeks and 32.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 0 of 11 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Uranium stock has the strongest price momentum?

IsoEnergy Ltd. has the strongest relative strength against S&P 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Uranium company scores highest for research priority?

Cameco Corporation scores 55.4 out of 100 with 82% evidence confidence, from 19.8 points on growth and earnings, 16.1 on capital efficiency, 5.6 on valuation and 13.9 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Uranium companies does this comparison cover, and over what period?

It compares 13 listed companies over up to 20 reported quarters of fundamentals and 6 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Uranium sector?

The 13 Uranium companies on this page carry $61,196 million of combined market value. Cameco Corporation is the largest at $38,902 million, about 64% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-28.

What is the Uranium sector's P/E ratio?

The median price-to-earnings ratio across the 13 Uranium companies on this page is 57.5×, measured on the 8 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-28.

How is the Uranium sector performing?

0 of the 11 covered Uranium companies are beating S&P 500 on Mansfield relative strength. The sector itself is 7.4% behind S&P 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-07-28.

How many Uranium stocks are listed in the US?

This comparison covers 13 listed Uranium companies in the US, each above the size floor the site applies. The full ranked list is on this page, with reported fundamentals through Jun 2026. Membership is the full industry list — nothing is dropped for having thin data.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

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