UBS Group AG (UBS) Key Metrics
UBS valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $145.98B
- Enterprise value
- $170.09B
- P/E (TTM)
- 16.2 10-yr median 11.1
- Forward P/E
- 11.6
- PEG ratio
- 0.68
- Price / sales
- 2.8 10-yr median 1.8
- Price / book
- 1.7 10-yr median 1.2
- EV / EBITDA
- — 10-yr median 13.2
- Dividend yield
- 2.31% $1.10 a year
- Beta
- 0.85
UBS key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsUBS valuation Price multiples at each fiscal year-end price.
UBS returns How much profit the business earns on the capital it uses.
UBS per-share figures Results divided by the shares outstanding at year-end.
UBS financial health Debt, liquidity and how easily interest is covered.
UBS efficiency & capital use Working capital cycle and where the cash goes.
UBS valuation history
UBS returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
UBS debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
UBS cash returned to shareholders
UBS price vs earnings per share
UBS key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $153.13B | $101.61B | $101.85B | $68.59B | $71.05B | $59.26B | $48.94B | $47.56B | $70.56B | $60.24B |
| Enterprise value | $110.82B | $226.76B | $86.98B | $114.85B | $123.46B | $139.91B | $116.78B | −$108.85B | −$91.11B | $102.75B |
| P/E ratio | 19.7 | 22.0 | 4.4 | 9.7 | 10.4 | 10.2 | 11.6 | 10.6 | 72.8 | 18.0 |
| Price / sales | 2.1 | 1.4 | 1.8 | 1.9 | 2.0 | 1.8 | 1.4 | 1.3 | 2.0 | 1.6 |
| Price / book | 1.7 | 1.2 | 1.2 | 1.2 | 1.2 | 1.0 | 0.9 | 0.9 | 1.3 | 1.1 |
| Price / free cash flow | 9.9 | 79.9 | 1.2 | 5.3 | 2.4 | 1.7 | 2.7 | 1.7 | — | — |
| Price / operating cash flow | 8.8 | 31.0 | 1.2 | 4.7 | 2.3 | 1.6 | 2.5 | 1.6 | — | — |
| EV / sales | 1.5 | 3.1 | 1.5 | 3.1 | 3.5 | 4.4 | 3.3 | -3.0 | -2.5 | 2.8 |
| EV / EBITDA | 8.9 | 22.7 | 3.2 | 10.5 | 11.4 | 15.0 | 15.8 | — | — | 96.6 |
| EV / free cash flow | 7.2 | 178.4 | 1.0 | 8.8 | 4.2 | 4.0 | 6.4 | — | — | — |
| Earnings yield | 5.1% | 4.5% | 23.0% | 10.3% | 9.6% | 9.8% | 8.6% | 9.4% | 1.4% | 5.6% |
| Free cash flow yield | 10.1% | 1.3% | 82.9% | 19.0% | 41.6% | 59.2% | 37.0% | 57.2% | −76.4% | −29.7% |
| Dividend yield | 1.5% | 2.2% | 1.6% | 2.4% | 1.8% | 4.4% | 5.2% | 5.0% | 3.2% | 5.3% |
| Shareholder yield (dividends + buybacks) | 4.2% | 5.1% | 4.4% | 11.2% | 6.5% | 6.7% | 8.4% | 8.0% | 4.2% | 7.3% |
| Share price at fiscal year-end | $46.31 | $30.32 | $30.90 | $18.67 | $17.87 | $14.13 | $12.58 | $12.38 | $18.39 | $15.67 |
| Per share | ||||||||||
| Revenue per share | $22.33 | $22.15 | $17.41 | $10.02 | $8.81 | $7.65 | $9.12 | $9.59 | $9.32 | $9.60 |
| Earnings per share | $2.35 | $1.38 | $7.10 | $1.92 | $1.71 | $1.38 | $1.09 | $1.17 | $0.25 | $0.87 |
| Operating cash flow per share | $5.24 | $0.98 | $26.11 | $3.99 | $7.90 | $8.81 | $5.07 | $7.53 | −$13.62 | −$4.20 |
| Free cash flow per share | $4.67 | $0.38 | $25.60 | $3.54 | $7.44 | $8.37 | $4.66 | $7.09 | −$14.05 | −$4.66 |
| Cash per share | $120.50 | $68.01 | $125.72 | $46.73 | $51.22 | $39.70 | $29.15 | $80.47 | $80.22 | $34.88 |
| Book value per share | $27.28 | $25.39 | $26.13 | $15.57 | $15.34 | $14.27 | $14.06 | $13.78 | $13.68 | $13.72 |
| Tangible book value per share | $25.62 | $23.33 | $23.84 | $13.87 | $13.74 | $12.72 | $12.40 | $12.05 | $11.36 | $12.04 |
| Dividends per share | $0.69 | $0.67 | $0.51 | $0.45 | $0.33 | $0.62 | $0.65 | $0.62 | $0.59 | $0.82 |
| Capex per share | $0.57 | $0.60 | $0.51 | $0.45 | $0.46 | $0.44 | $0.41 | $0.44 | $0.43 | $0.45 |
| Debt per share | $107.70 | $105.35 | $121.21 | $59.32 | $64.40 | $58.93 | $46.59 | $39.76 | $38.08 | $45.94 |
| Shares outstanding | 3.31B | 3.35B | 3.30B | 3.67B | 3.98B | 4.19B | 3.89B | 3.84B | 3.84B | 3.84B |
| Change in shares outstanding | −1.3% | +1.7% | −10.3% | −7.6% | −5.2% | +7.8% | +1.3% | +0.1% | −0.2% | +1.7% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 8.9% | 5.4% | 32.7% | 11.9% | 11.3% | 10.1% | 7.8% | 8.5% | 1.8% | 6.2% |
| Return on invested capital (ROIC) | 6.0% | 3.3% | 26.8% | 6.5% | 5.4% | 4.4% | 44.4% | — | — | — |
| Return on assets (ROA) | 0.5% | 0.3% | 1.7% | 0.6% | 0.6% | 0.6% | 0.4% | 0.5% | 0.1% | 0.4% |
| Return on tangible assets | 0.5% | 0.3% | 1.4% | 0.6% | 0.6% | 0.5% | 0.4% | 0.5% | 0.1% | 0.4% |
| Free cash flow margin | 20.9% | 1.7% | 147.1% | 35.3% | 84.5% | 109.5% | 51.1% | 73.9% | −150.7% | −48.5% |
| Income quality (OCF / net income) | 2.23 | 0.71 | 3.68 | 2.08 | 4.61 | 6.38 | 4.67 | 6.45 | −53.94 | −4.82 |
| Financial health | ||||||||||
| Total debt | $356.12B | $353.05B | $399.50B | $217.94B | $256.05B | $247.14B | $181.25B | $152.73B | $146.10B | $176.59B |
| Cash & short-term investments | $398.43B | $227.90B | $414.36B | $171.68B | $203.64B | $166.49B | $113.41B | $309.14B | $307.77B | $134.08B |
| Net debt | −$42.31B | $125.15B | −$14.86B | $46.25B | $52.41B | $80.65B | $67.84B | −$156.41B | −$161.67B | $42.51B |
| Debt / equity | 3.95 | 4.15 | 4.64 | 3.81 | 4.20 | 4.13 | 3.31 | 2.89 | 2.78 | 3.35 |
| Debt / assets | 0.22 | 0.23 | 0.23 | 0.20 | 0.23 | 0.22 | 0.19 | 0.16 | 0.16 | 0.19 |
| Net debt / EBITDA | −3.42 | 12.53 | −0.54 | 4.23 | 4.86 | 8.65 | 9.16 | −120.97 | −150.00 | 39.96 |
| Current ratio | 0.42 | 0.29 | 0.45 | 2.53 | 2.61 | 2.24 | 2.22 | 1.50 | 3.51 | 3.99 |
| Quick ratio | 0.42 | 0.29 | 1.06 | 7.61 | 7.47 | 6.82 | 8.08 | 1.50 | −0.65 | 1.41 |
| Interest coverage | 0.3 | 0.2 | 1.0 | 1.5 | 2.9 | 1.9 | 0.8 | 0.8 | 0.0 | 0.0 |
| Working capital | −$589.19B | −$650.57B | −$561.51B | $114.50B | $141.73B | $105.74B | $72.35B | $39.40B | $80.86B | $100.48B |
| Invested capital | $47.90B | $210.23B | $71.24B | $103.47B | $113.41B | $140.49B | $122.54B | −$103.48B | −$109.17B | $95.24B |
| Tangible asset value | $84.98B | $78.69B | $79.12B | $50.95B | $54.62B | $53.36B | $48.24B | $46.46B | $43.65B | $46.30B |
| Net current asset value | −$1.09T | −$1.21T | −$1.18T | −$857.89B | −$826.21B | −$874.78B | −$786.06B | −$787.00B | −$773.62B | −$730.27B |
| Graham number | $37.97 | $28.05 | $64.61 | $25.93 | $24.33 | $21.05 | $18.53 | $19.02 | $8.82 | $16.39 |
| Graham net-net per share | −$333.23 | −$364.77 | −$455.46 | −$285.19 | −$263.49 | −$256.74 | −$247.63 | −$155.07 | −$133.29 | −$176.32 |
| Capital allocation | ||||||||||
| Dividends paid | $2.27B | $2.26B | $1.68B | $1.67B | $1.30B | $2.61B | $2.54B | $2.39B | $2.25B | $3.16B |
| Share buybacks (net) | $4.11B | $2.92B | $2.78B | $6.01B | $3.34B | $1.39B | $1.56B | $1.43B | $727.0M | $1.26B |
| Dividend payout ratio | 29.3% | 48.9% | 7.2% | 23.7% | 19.1% | 45.0% | 60.3% | 53.3% | 232.2% | 94.5% |
| Dividends + buybacks / free cash flow | 41.3% | 407.3% | 5.3% | 59.0% | 15.7% | 11.4% | 22.6% | 14.0% | — | — |
| Capex / revenue | 2.5% | 2.7% | 2.9% | 4.5% | 5.3% | 5.8% | 4.5% | 4.6% | 4.6% | 4.7% |
| Capex / operating cash flow | 10.8% | 61.2% | 2.0% | 11.2% | 5.9% | 5.0% | 8.0% | 5.8% | — | — |
| Capex / depreciation | 0.53 | 0.53 | 0.52 | 0.80 | 0.87 | 0.87 | 0.87 | 1.31 | 1.52 | 1.64 |
| Stock-based compensation / revenue | — | — | −10.5% | — | −4.6% | −3.4% | −1.2% | 1.9% | 2.1% | 2.4% |
| SG&A / revenue | 42.0% | 40.6% | 40.2% | 53.5% | 57.0% | 56.7% | 55.2% | 55.4% | 56.7% | 56.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 184.0 | 183.8 | 188.7 | 246.6 | 265.6 | 242.8 | 96.2 | 6.3 | 65.3 | 62.7 |
| Days of inventory on hand | — | — | -7,318.6 | -24,241.0 | -52,676.4 | -30,828.0 | -17,690.4 | — | 311,984.9 | 988,188.0 |
| Days payables outstanding | 789.5 | 573.5 | 701.9 | 2,760.5 | 5,381.6 | 3,177.5 | 1,975.6 | 113,985.6 | 92,630.1 | 382,389.2 |
| Cash conversion cycle (days) | -605.5 | -389.7 | -7,831.9 | -26,755.0 | -57,792.3 | -33,762.7 | -19,569.8 | -113,979.3 | 219,420.2 | 605,861.5 |
| Receivables turnover | 1.98 | 1.99 | 1.93 | 1.48 | 1.37 | 1.50 | 3.79 | 57.67 | 5.59 | 5.82 |
| Payables turnover | 0.46 | 0.64 | 0.52 | 0.13 | 0.07 | 0.11 | 0.18 | 0.00 | 0.00 | 0.00 |
| Inventory turnover | — | — | — | — | — | — | — | — | 0.00 | 0.00 |
| Asset turnover | 0.05 | 0.05 | 0.04 | 0.03 | 0.03 | 0.03 | 0.04 | 0.04 | 0.04 | 0.04 |
| Average receivables | $37.23B | $37.38B | $29.66B | $24.88B | $25.49B | $21.33B | $9.35B | $638.9M | $6.40B | $6.34B |
| Average payables | $58.55B | $52.06B | $48.12B | $46.09B | $41.94B | $37.99B | $38.60B | $35.96B | $32.78B | $40.71B |
| Average inventory | — | — | −$501.78B | −$404.70B | −$410.53B | −$368.56B | −$345.62B | — | $110.41B | $105.21B |
| Intangibles / total assets | 0.3% | 0.4% | 0.4% | 0.6% | 0.6% | 0.6% | 0.7% | 0.7% | 0.9% | 0.7% |
Computed from UBS's annual financial statements (latest annual report filed March 9, 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.
UBS valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), UBS traded at 19.7 times earnings, against a 10-year median of 11.1. Based on the latest twelve months, the trailing P/E is 16.2 and the forward P/E is 11.6. UBS earned a return on equity of 8.9% and a return on invested capital of 6.0% in fiscal 2025. It ended the year with $356.1 billion of debt and $398.4 billion in cash and short-term investments, a net cash position of $42.3 billion. It returned $6.4 billion to shareholders: $2.3 billion in dividends and $4.1 billion in share buybacks, 41% of free cash flow. The share count fell 14.0% from 3.84B to 3.31B over 9 years.
See the UBS income statement, the UBS chart for price history, or the UBS stock overview for the latest quote and news.
UBS key metrics FAQ
What is UBS's P/E ratio?
UBS's trailing P/E ratio is 16.2 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.6. At the end of fiscal 2025 it was 19.7, compared with a 10-year median of 11.1.
What is UBS's EV/EBITDA?
UBS's enterprise value was 8.9 times EBITDA at the end of fiscal 2025 (enterprise value $110.8 billion, EBITDA $12.4 billion).
What is UBS's return on equity?
UBS's return on equity (ROE) was 8.9% in fiscal 2025: net income of $7.8 billion on average shareholders' equity of $87.6 billion.
What is UBS's ROIC?
UBS's return on invested capital was 6.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does UBS have?
UBS had total debt of $356.1 billion at the end of fiscal 2025, a debt-to-equity ratio of 3.95 and more cash than debt.
What is UBS's dividend yield?
UBS's forward dividend yield is 2.31%. UBS paid $2.3 billion in dividends in fiscal 2025 ($0.69 per share), a payout ratio of 29.3%.
Does UBS buy back its shares?
Yes. UBS spent $4.1 billion on net share repurchases in fiscal 2025 Shares outstanding changed −1.3% over the year, to 3.31B..
What is UBS's free cash flow yield?
UBS generated $15.5 billion of free cash flow in fiscal 2025, a free cash flow yield of 10.1% on its market value at year-end ($153.1 billion).
What is UBS's current ratio?
UBS's current ratio was 0.42 at the end of fiscal 2025: current assets were 0.42 times current liabilities.