Uniti Group Inc. (UNIT) Key Metrics
UNIT valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $1.36B
- Enterprise value
- $12.71B
- P/E (TTM)
- 3.6 10-yr median 29.9
- Forward P/E
- 11.9
- PEG ratio
- 0.29
- Price / sales
- 0.4 10-yr median 2.4
- Price / book
- 13.8
- EV / EBITDA
- 4.6 10-yr median 10.3
- Dividend yield
- —
- Beta
- 1.43
UNIT key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsUNIT valuation Price multiples at each fiscal year-end price.
P/E ratio−89.8%
1.4
2025 · hover or tap a bar for each year
20162025
Price / sales−25.3%
0.8
2025 · hover or tap a bar for each year
20162025
EV / EBITDA−39.7%
4.8
2025 · hover or tap a bar for each year
20162025
Free cash flow yield−25.5 pts
−24.6%
2025 · hover or tap a bar for each year
20162025
UNIT returns How much profit the business earns on the capital it uses.
Return on invested capital−12.1 pts
7.0%
2025 · hover or tap a bar for each year
20162025
Return on assets+13.3 pts
15.1%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−21.6 pts
−20.6%
2025 · hover or tap a bar for each year
20162025
Cash conversion (OCF / net income)−93.2%
0.27
2025 · hover or tap a bar for each year
20162025
Asset turnover+14.0%
0.26
2025 · hover or tap a bar for each year
20162025
UNIT per-share figures Results divided by the shares outstanding at year-end.
Revenue per share+2.8%
$8.38
2025 · hover or tap a bar for each year
20162025
Earnings per share+649.9%
$4.90
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$1.72
2025 · hover or tap a bar for each year
20162025
Book value per share
$1.43
2025 · hover or tap a bar for each year
20162025
Dividends per share−100.0%
$0.00
2025 · hover or tap a bar for each year
20162025
Shares outstanding+86.3%
266.5M
2025 · hover or tap a bar for each year
20162025
UNIT financial health Debt, liquidity and how easily interest is covered.
Net debt+$4.2B
$9.89B
2025 · hover or tap a bar for each year
20162025
Net debt / EBITDA−2.45
4.06
2025 · hover or tap a bar for each year
20162025
Current ratio+266.8%
0.74
2025 · hover or tap a bar for each year
20162025
Interest coverage−36.7%
0.8
2025 · hover or tap a bar for each year
20162025
Debt / assets−25.2%
0.83
2025 · hover or tap a bar for each year
20162025
UNIT efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding−4 days
42 days
2025 · hover or tap a bar for each year
20162025
Days of inventory
6 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding−50 days
34 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle+52 days
14 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue+5.8 pts
36.2%
2025 · hover or tap a bar for each year
20162025
UNIT valuation history
Fiscal year-endToday10-year median
UNIT returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
UNIT debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
UNIT cash returned to shareholders
DividendsBuybacksFree cash flow
UNIT price vs earnings per share
Share price at year-endEPS (right axis)
UNIT key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.87B | $1.31B | $1.37B | $1.30B | $3.70B | $3.96B | $1.54B | $4.57B | $4.99B | $6.43B |
| Enterprise value | $11.76B | $7.03B | $6.93B | $6.53B | $8.80B | $9.27B | $6.47B | $9.47B | $9.50B | $10.34B |
| P/E ratio | 1.4 | 14.0 | — | — | 29.9 | — | 145.4 | 282.5 | — | — |
| Price / sales | 0.8 | 1.1 | 1.2 | 1.2 | 3.4 | 3.7 | 1.5 | 4.5 | 5.4 | 8.3 |
| Price / book | 4.9 | — | — | — | — | — | — | — | — | — |
| Price / free cash flow | — | 110.0 | — | 40.0 | 32.7 | — | 5.8 | 92.9 | 20.8 | 18.8 |
| Price / operating cash flow | 5.3 | 3.6 | 3.9 | 2.8 | 7.4 | 25.2 | 2.5 | 9.7 | 12.3 | 17.1 |
| EV / sales | 5.3 | 6.0 | 6.0 | 5.8 | 8.0 | 8.7 | 6.1 | 9.3 | 10.4 | 13.4 |
| EV / EBITDA | 4.8 | 8.0 | 7.8 | 10.2 | 10.4 | 12.6 | 8.6 | 12.2 | 12.9 | 15.1 |
| EV / free cash flow | — | 592.8 | — | 200.6 | 77.7 | — | 24.3 | 192.2 | 39.7 | 30.3 |
| Earnings yield | 69.8% | 7.2% | −6.0% | −0.6% | 3.3% | −17.8% | 0.7% | 0.4% | −0.2% | −0.0% |
| Free cash flow yield | −24.6% | 0.9% | −4.7% | 2.5% | 3.1% | −4.0% | 17.3% | 1.1% | 4.8% | 5.3% |
| Dividend yield | 0.0% | 8.3% | 7.9% | 11.0% | 3.8% | 3.4% | 9.0% | 9.3% | 8.0% | 5.7% |
| Shareholder yield (dividends + buybacks) | 0.0% | 8.4% | 8.0% | 11.4% | 3.8% | 3.5% | 9.1% | 9.3% | 8.1% | 5.7% |
| Share price at fiscal year-end | $7.01 | $9.12 | $9.59 | $9.17 | $23.24 | $19.46 | $13.62 | $25.83 | $29.51 | $42.15 |
| Per share | ||||||||||
| Revenue per share | $8.38 | $8.16 | $8.07 | $7.95 | $6.91 | $5.24 | $9.36 | $5.75 | $5.42 | $5.05 |
| Earnings per share | $4.90 | $0.65 | −$0.57 | −$0.06 | $0.78 | −$3.47 | $0.09 | $0.09 | −$0.06 | −$0.00 |
| Operating cash flow per share | $1.31 | $2.56 | $2.48 | $3.24 | $3.14 | $0.77 | $5.46 | $2.67 | $2.40 | $2.47 |
| Free cash flow per share | −$1.72 | $0.08 | −$0.45 | $0.23 | $0.71 | −$0.79 | $2.36 | $0.28 | $1.42 | $2.24 |
| Cash per share | $0.50 | $1.09 | $0.44 | $0.31 | $0.37 | $0.38 | $1.26 | $0.21 | $0.35 | $1.13 |
| Book value per share | $1.43 | −$17.14 | −$17.45 | −$16.01 | −$13.36 | −$10.18 | −$13.87 | −$7.94 | −$6.65 | −$8.67 |
| Tangible book value per share | −$7.77 | −$20.17 | −$20.69 | −$20.91 | −$19.44 | −$15.05 | −$24.70 | −$14.30 | −$13.18 | −$11.44 |
| Dividends per share | $0.00 | $0.76 | $0.75 | $1.01 | $0.89 | $0.67 | $1.23 | $2.41 | $2.37 | $2.41 |
| Capex per share | $3.04 | $2.48 | $2.93 | $3.01 | $2.42 | $1.56 | $3.10 | $2.39 | $0.98 | $0.23 |
| Debt per share | $37.61 | $41.11 | $39.47 | $37.11 | $32.43 | $26.48 | $44.89 | $27.85 | $27.03 | $26.78 |
| Shares outstanding | 266.5M | 143.1M | 142.5M | 142.0M | 159.2M | 203.6M | 113.0M | 177.1M | 169.0M | 152.5M |
| Change in shares outstanding | +86.3% | +0.4% | +0.4% | −10.8% | −21.8% | +80.2% | −36.2% | +4.8% | +10.8% | 0.0% |
| Returns & profitability | ||||||||||
| Return on invested capital (ROIC) | 7.0% | 19.1% | 23.3% | 15.8% | 27.2% | 17.7% | 15.4% | 22.7% | 19.5% | 14.3% |
| Return on assets (ROA) | 15.1% | 1.8% | −1.7% | −0.2% | 2.6% | −14.5% | 0.2% | 0.4% | −0.2% | −0.0% |
| Return on tangible assets | 13.6% | 1.9% | −1.8% | −0.2% | 3.2% | −18.9% | 0.3% | 0.5% | −0.3% | −0.0% |
| Free cash flow margin | −20.6% | 1.0% | −5.6% | 2.9% | 10.3% | −15.0% | 25.2% | 4.8% | 26.1% | 44.3% |
| Income quality (OCF / net income) | 0.27 | 3.93 | — | — | 4.04 | — | 58.30 | 29.21 | — | — |
| Financial health | ||||||||||
| Total debt | $10.02B | $5.88B | $5.63B | $5.27B | $5.16B | $5.39B | $5.07B | $4.93B | $4.57B | $4.08B |
| Cash & short-term investments | $134.1M | $155.6M | $62.3M | $43.8M | $58.9M | $77.5M | $142.8M | $38.0M | $59.8M | $171.8M |
| Net debt | $9.89B | $5.73B | $5.56B | $5.23B | $5.10B | $5.31B | $4.93B | $4.89B | $4.51B | $3.91B |
| Debt / equity | 26.35 | — | — | — | — | — | — | — | — | — |
| Debt / assets | 0.83 | 1.11 | 1.12 | 1.09 | 1.07 | 1.14 | 1.01 | 1.07 | 1.06 | 1.23 |
| Net debt / EBITDA | 4.06 | 6.51 | 6.25 | 8.14 | 6.04 | 7.19 | 6.56 | 6.29 | 6.13 | 5.70 |
| Current ratio | 0.74 | 0.20 | 0.13 | 0.09 | 0.09 | 0.14 | 0.16 | 0.21 | 0.20 | 0.51 |
| Quick ratio | 0.70 | 0.20 | 0.13 | 0.09 | 0.09 | 0.14 | 0.16 | 0.24 | 0.21 | 0.51 |
| Interest coverage | 0.8 | 1.2 | 1.8 | 1.6 | 1.9 | 1.5 | 1.9 | 2.4 | 2.4 | 2.5 |
| Working capital | −$292.9M | −$1.36B | −$1.50B | −$1.53B | −$1.43B | −$1.50B | −$1.15B | −$758.4M | −$603.0M | −$208.7M |
| Invested capital | $10.27B | $3.27B | $3.08B | $2.95B | $2.98B | $3.24B | $3.36B | $3.49B | $3.39B | $2.59B |
| Tangible asset value | −$2.07B | −$2.88B | −$2.95B | −$2.97B | −$3.08B | −$3.06B | −$2.71B | −$2.53B | −$2.23B | −$1.74B |
| Net current asset value | −$10.83B | −$7.39B | −$7.28B | −$6.97B | −$6.78B | −$6.56B | −$6.28B | −$5.80B | −$5.30B | −$4.42B |
| Graham number | $12.54 | — | — | — | — | — | — | — | — | — |
| Graham net-net per share | −$42.14 | −$52.13 | −$51.53 | −$49.25 | −$42.74 | −$32.76 | −$55.75 | −$33.05 | −$31.54 | −$29.09 |
| Capital allocation | ||||||||||
| Dividends paid | $0 | $108.5M | $107.4M | $142.9M | $141.4M | $135.7M | $138.7M | $426.1M | $400.2M | $367.8M |
| Share buybacks (net) | — | $1.6M | $1.4M | $4.9M | $0 | $1.1M | $1.8M | $0 | $1.8M | $0 |
| Dividend payout ratio | 0.0% | 116.1% | — | — | 114.3% | — | — | — | — | — |
| Dividends + buybacks / free cash flow | — | 927.8% | — | 454.3% | 124.8% | — | 52.7% | 865.3% | 168.1% | 107.8% |
| Capex / revenue | 36.2% | 30.4% | 36.3% | 37.9% | 35.1% | 29.7% | 33.1% | 41.6% | 18.1% | 4.5% |
| Capex / operating cash flow | 231.2% | 96.8% | 118.1% | 92.9% | 77.3% | 201.7% | 56.8% | 89.6% | 41.0% | 9.3% |
| Capex / depreciation | 1.21 | 1.13 | 1.34 | 1.46 | 1.33 | 0.96 | 0.86 | 0.94 | 0.38 | 0.09 |
| Stock-based compensation / revenue | 1.1% | 1.2% | 1.1% | 1.1% | 1.3% | 1.3% | 1.0% | 0.8% | 0.8% | 0.6% |
| R&D / revenue | — | — | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| SG&A / revenue | 15.7% | 9.0% | 8.9% | 8.9% | 9.2% | 9.8% | 9.7% | 8.4% | 7.9% | 4.6% |
| Efficiency | ||||||||||
| Days sales outstanding | 42.4 | 46.5 | 39.5 | 30.9 | 25.8 | 26.7 | 42.4 | 46.0 | 26.9 | 13.8 |
| Days of inventory on hand | 5.7 | — | — | 0.0 | — | 0.0 | — | -44.8 | -11.5 | — |
| Days payables outstanding | 33.8 | 83.8 | 280.0 | 248.6 | 275.4 | 305.2 | 287.8 | 203.4 | 200.5 | 192.0 |
| Cash conversion cycle (days) | 14.3 | -37.3 | -240.6 | -217.7 | -249.6 | -278.5 | -245.4 | -202.2 | -185.0 | -178.2 |
| Receivables turnover | 8.61 | 7.84 | 9.25 | 11.82 | 14.12 | 13.67 | 8.60 | 7.93 | 13.56 | 26.45 |
| Payables turnover | 10.79 | 4.36 | 1.30 | 1.47 | 1.33 | 1.20 | 1.27 | 1.79 | 1.82 | 1.90 |
| Inventory turnover | 64.05 | — | — | 153,471,000.00 | — | 223,212,000.00 | — | — | — | — |
| Asset turnover | 0.26 | 0.23 | 0.23 | 0.23 | 0.23 | 0.22 | 0.22 | 0.23 | 0.24 | 0.26 |
| Average receivables | $259.6M | $148.8M | $124.3M | $95.5M | $77.9M | $78.0M | $122.9M | $128.3M | $67.5M | $29.1M |
| Average payables | $130.6M | $104.5M | $120.8M | $104.5M | $116.5M | $186.6M | $160.7M | $85.9M | $59.3M | $25.7M |
| Average inventory | $22.0M | $0 | — | $1 | — | $1 | — | −$18.9M | −$3.4M | $0 |
| Intangibles / total assets | 20.4% | 8.2% | 9.2% | 14.4% | 20.1% | 21.0% | 24.4% | 24.5% | 25.5% | 12.7% |
Computed from UNIT's annual financial statements (latest annual report filed March 2, 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.
UNIT valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Uniti traded at 1.4 times earnings, against a 10-year median of 29.9. Based on the latest twelve months, the trailing P/E is 3.6 and the forward P/E is 11.9. Uniti earned a return on invested capital of 7.0% in fiscal 2025. It ended the year with $10.0 billion of debt and $134.1 million in cash and short-term investments, net debt of $9.9 billion. The share count rose 74.8% from 152.5M to 266.5M over 9 years.
See the UNIT income statement, the UNIT chart for price history, or the UNIT stock overview for the latest quote and news.
UNIT key metrics FAQ
What is Uniti's P/E ratio?
Uniti's trailing P/E ratio is 3.6 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 11.9. At the end of fiscal 2025 it was 1.4, compared with a 10-year median of 29.9.
What is Uniti's EV/EBITDA?
Uniti's enterprise value was 4.8 times EBITDA at the end of fiscal 2025 (enterprise value $11.8 billion, EBITDA $2.4 billion); the current EV/EBITDA is 4.6.
What is Uniti's ROIC?
Uniti's return on invested capital was 7.0% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Uniti have?
Uniti had total debt of $10.0 billion at the end of fiscal 2025, a debt-to-equity ratio of 26.35 and $9.9 billion of net debt (4.06 times EBITDA).
Does Uniti pay a dividend?
Uniti did not pay a dividend in fiscal 2025.
What is Uniti's free cash flow yield?
Uniti generated -$459.6 million of free cash flow in fiscal 2025, a free cash flow yield of −24.6% on its market value at year-end ($1.9 billion).
What is Uniti's current ratio?
Uniti's current ratio was 0.74 at the end of fiscal 2025: current assets were 0.74 times current liabilities.