NuScale Power Corporation (SMR) Key Metrics

NYSE: SMRValuation, returns, debt and efficiency ratios over 8 years.

SMR valuation today

Trailing 12 months · as of October 18, 2026
Market cap
$2.39B
Enterprise value
$2.49B
P/E (TTM)
—
Forward P/E
—
PEG ratio
—
Price / sales
223.8
Price / book
1.7
EV / EBITDA
—
Dividend yield
—
Beta
2.37

SMR key metrics, 2014–2025

Fiscal year ended December 31, 2025 · U.S. dollars

SMR valuation Price multiples at each fiscal year-end price.

Price / sales+63.3%
73.7
2025 · hover or tap a bar for each year
2024: 45.12025: 73.7 (+63.3%)
20142025
Price / book−26.5%
2.0
2025 · hover or tap a bar for each year
2024: 2.72025: 2.0 (−26.5%)
20142025
Free cash flow yield−13.3 pts
−19.8%
2025 · hover or tap a bar for each year
2024: −6.5%2025: −19.8% (−13.3 pts)
20142025

SMR valuation history

Fiscal year-endToday8-year median

SMR returns on capital

ROEROICROA

Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.

SMR debt vs cash

Total debtCash & short-term investments

Debt includes short- and long-term borrowings and, where reported, lease liabilities.

SMR cash returned to shareholders

DividendsBuybacksFree cash flow

SMR price vs earnings per share

Share price at year-endEPS (right axis)

SMR key metrics

2014–2025
NuScale Power Corporation key metrics by fiscal year
20252024202320222021202020192014
Valuation
Market capitalization$2.32B$1.67B——————
Enterprise value$1.07B$1.23B——————
Price / sales73.745.1——————
Price / book2.02.7——————
EV / sales33.933.2——————
Earnings yield−15.3%−8.2%——————
Free cash flow yield−19.8%−6.5%——————
Shareholder yield (dividends + buybacks)0.0%0.0%——————
Share price at fiscal year-end$14.17$17.93$3.29$10.26$10.03$10.12——
Per share
Revenue per share$0.19$0.40——————
Earnings per share−$2.17−$1.47——————
Operating cash flow per share−$2.81−$1.17——————
Free cash flow per share−$2.81−$1.17——————
Cash per share$7.66$4.74——————
Book value per share$7.14$6.63——————
Tangible book value per share$7.09$6.36——————
Capex per share$0.00$0.00——————
Debt per share$0.00$0.00——————
Shares outstanding163.7M93.2M——————
Change in shares outstanding+75.6%———————
Returns & profitability
Return on equity (ROE)−39.8%−38.4%−56.1%−63.1%−552.2%—−194.0%—
Return on invested capital (ROIC)—−143.0%———−639.5%−277.4%—
Return on assets (ROA)−36.4%−35.5%−20.4%−24.3%−121.8%−144.0%−93.9%—
Return on tangible assets−25.3%−26.3%−29.4%−16.8%−91.8%−236.4%−108.0%—
Free cash flow margin—−293.5%−811.0%—————
Financial health
Total debt$0$0$2.9M$4.4M$15.4M$36.9M$16.8M—
Cash & short-term investments$1.25B$441.6M$120.3M$267.7M$77.1M$4.9M$17.1M—
Net debt−$1.25B−$441.6M−$117.3M−$263.3M−$61.7M$32.0M−$303,000—
Debt / equity0.000.000.030.040.23—0.46—
Debt / assets0.000.000.010.010.130.780.22—
Current ratio4.305.251.777.381.780.161.19—
Quick ratio4.305.251.777.381.690.111.19—
Interest coverage——-25.5-58.4-101.6-243.3-742.1—
Working capital$976.5M$381.4M$67.1M$245.9M$37.7M−$58.9M$6.6M—
Invested capital−$85.4M$177.1M−$23.9M−$148.7M$4.6M$2.9M$36.4M—
Tangible asset value$1.10B$427.3M$103.3M$267.8M$56.8M−$38.8M$26.8M—
Net current asset value$973.6M$379.6M$59.0M$212.9M$31.1M−$64.6M$2.2M—
Graham net-net per share$5.86$3.92——————
Capital allocation
Dividends paid—————$234.7M——
Share buybacks (net)$0$0$0$566,000$17,000$49,000$0—
Capex / revenue1.6%0.1%7.6%19.8%68.2%587.7%288.5%—
Capex / depreciation0.430.020.670.860.891.700.41—
Stock-based compensation / revenue60.9%36.8%71.2%79.0%225.1%619.7%1,082.3%—
R&D / revenue144.6%126.4%684.1%1,081.5%3,298.0%15,877.8%16,770.2%—
SG&A / revenue359.8%223.9%329.4%516.2%1,464.3%6,196.0%10,414.2%—
Efficiency
Days sales outstanding158.7153.9170.6247.9486.17,185.020,385.2—
Days of inventory on hand——0.0—802.73,844.2——
Days payables outstanding3,044.73,282.3588.1966.53,408.612,055.310,102.9—
Cash conversion cycle (days)-2,886.0-3,128.4-417.5-718.7-2,119.9-1,026.010,282.3—
Receivables turnover2.302.372.141.470.750.050.02—
Payables turnover0.120.110.620.380.110.030.04—
Inventory turnover——18,961,000.00—0.450.09——
Asset turnover0.030.100.080.050.030.010.00—
Average receivables$13.7M$15.6M$10.7M$8.0M$3.8M$11.8M$20.8M—
Average payables$167.2M$44.4M$30.6M$19.4M$16.5M$11.7M$8.9M—
Average inventory——$1—$3.9M$3.7M——
Intangibles / total assets0.6%4.7%11.6%2.7%7.8%20.5%13.0%—

Computed from SMR's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.

SMR valuation and financial ratios

NuScale Power earned a return on equity of −39.8% in fiscal 2025. It ended the year with $0 of debt and $1.3 billion in cash and short-term investments, a net cash position of $1.3 billion.

See the SMR income statement, the SMR chart for price history, or the SMR stock overview for the latest quote and news.

SMR key metrics FAQ

What is NuScale Power's return on equity?

NuScale Power's return on equity (ROE) was −39.8% in fiscal 2025: net income of -$355.8 million on average shareholders' equity of $893.8 million.

How much debt does NuScale Power have?

NuScale Power had total debt of $0 at the end of fiscal 2025, a debt-to-equity ratio of 0.00 and more cash than debt.

What is NuScale Power's free cash flow yield?

NuScale Power generated -$460.1 million of free cash flow in fiscal 2025, a free cash flow yield of −19.8% on its market value at year-end ($2.3 billion).

What is NuScale Power's current ratio?

NuScale Power's current ratio was 4.30 at the end of fiscal 2025: current assets were 4.30 times current liabilities.

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