Ur-Energy Inc. (URG) Key Metrics
URG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $336.7M
- Enterprise value
- $442.3M
- P/E (TTM)
- —
- Forward P/E
- 34.7
- PEG ratio
- —
- Price / sales
- 9.6 10-yr median 7.5
- Price / book
- 6.7 10-yr median 3.1
- EV / EBITDA
- — 10-yr median 17.1
- Dividend yield
- —
- Beta
- 1.12
URG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsURG valuation Price multiples at each fiscal year-end price.
Price / sales+73.7%
18.8
2025 · hover or tap a bar for each year
20162025
Price / book+140.3%
6.6
2025 · hover or tap a bar for each year
20162025
Free cash flow yield+9.1 pts
−13.0%
2025 · hover or tap a bar for each year
20162025
URG returns How much profit the business earns on the capital it uses.
Return on equity−20.0 pts
−71.2%
2025 · hover or tap a bar for each year
20162025
Return on invested capital−12.3 pts
−137.4%
2025 · hover or tap a bar for each year
20162025
Return on assets+0.9 pts
−32.1%
2025 · hover or tap a bar for each year
20162025
Free cash flow margin−5.1 pts
−245.3%
2025 · hover or tap a bar for each year
20162025
Asset turnover−44.2%
0.12
2025 · hover or tap a bar for each year
20162025
URG per-share figures Results divided by the shares outstanding at year-end.
Revenue per share−30.4%
$0.07
2025 · hover or tap a bar for each year
20162025
Earnings per share
−$0.20
2025 · hover or tap a bar for each year
20162025
Free cash flow per share
−$0.18
2025 · hover or tap a bar for each year
20162025
Book value per share−49.7%
$0.21
2025 · hover or tap a bar for each year
20162025
Shares outstanding+16.0%
368.4M
2025 · hover or tap a bar for each year
20162025
URG financial health Debt, liquidity and how easily interest is covered.
Debt / equity+9,332.6%
0.88
2025 · hover or tap a bar for each year
20162025
Net debt+$19.2M
−$55.6M
2025 · hover or tap a bar for each year
20162025
Current ratio−9.1%
5.44
2025 · hover or tap a bar for each year
20162025
Interest coverage
-35.6
2025 · hover or tap a bar for each year
20162025
Debt / assets+3,819.7%
0.25
2025 · hover or tap a bar for each year
20162025
URG efficiency & capital use Working capital cycle and where the cash goes.
Days sales outstanding+26 days
118 days
2025 · hover or tap a bar for each year
20162025
Days of inventory+203 days
303 days
2025 · hover or tap a bar for each year
20162025
Days payables outstanding+59 days
80 days
2025 · hover or tap a bar for each year
20162025
Cash conversion cycle+170 days
341 days
2025 · hover or tap a bar for each year
20162025
Capex / revenue+60.0 pts
86.8%
2025 · hover or tap a bar for each year
20162025
URG valuation history
Fiscal year-endToday10-year median
URG returns on capital
ROEROICROA
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
URG debt vs cash
Total debtCash & short-term investments
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
URG cash returned to shareholders
DividendsBuybacksFree cash flow
URG price vs earnings per share
Share price at year-endEPS (right axis)
URG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $512.1M | $365.3M | $400.5M | $253.6M | $238.7M | $131.6M | $94.1M | $98.5M | $100.9M | $75.4M |
| Enterprise value | $456.4M | $290.5M | $347.3M | $231.6M | $204.9M | $140.6M | $110.8M | $106.8M | $116.4M | $97.8M |
| P/E ratio | — | — | — | — | — | — | — | 21.7 | — | — |
| Price / sales | 18.8 | 10.8 | 22.7 | — | — | 15.8 | 2.9 | 4.2 | 2.6 | 2.8 |
| Price / book | 6.6 | 2.8 | 5.3 | 4.1 | 3.4 | 3.9 | 2.1 | 1.9 | 2.6 | 2.1 |
| Price / free cash flow | — | — | — | — | — | — | 25.4 | — | 18.6 | 24.8 |
| Price / operating cash flow | — | — | — | — | — | — | 23.6 | — | 17.9 | 22.6 |
| EV / sales | 16.8 | 8.6 | 19.6 | — | — | 16.9 | 3.4 | 4.5 | 3.0 | 3.6 |
| EV / EBITDA | — | — | — | — | — | — | — | 21.8 | 17.1 | 16.4 |
| EV / free cash flow | — | — | — | — | — | — | 29.9 | — | 21.5 | 32.2 |
| Earnings yield | −14.6% | −14.6% | −7.7% | −6.8% | −10.3% | −11.2% | −8.9% | 4.6% | 0.1% | −4.0% |
| Free cash flow yield | −13.0% | −22.2% | −4.7% | −7.4% | −5.4% | −6.4% | 3.9% | −5.5% | 5.4% | 4.0% |
| Dividend yield | — | — | — | 0.1% | — | 0.7% | 0.1% | — | 0.0% | 0.0% |
| Shareholder yield (dividends + buybacks) | 0.0% | 0.0% | 0.0% | 0.2% | 0.1% | 0.7% | 0.2% | 0.1% | 0.1% | 0.1% |
| Share price at fiscal year-end | $1.39 | $1.15 | $1.54 | $1.15 | $1.22 | $0.80 | $0.59 | $0.65 | $0.68 | $0.53 |
| Per share | ||||||||||
| Revenue per share | $0.07 | $0.11 | $0.07 | $0.00 | $0.00 | $0.05 | $0.20 | $0.15 | $0.26 | $0.19 |
| Earnings per share | −$0.20 | −$0.17 | −$0.12 | −$0.08 | −$0.13 | −$0.09 | −$0.05 | $0.03 | $0.00 | −$0.02 |
| Operating cash flow per share | −$0.12 | −$0.23 | −$0.07 | −$0.08 | −$0.06 | −$0.05 | $0.02 | −$0.04 | $0.04 | $0.02 |
| Free cash flow per share | −$0.18 | −$0.25 | −$0.07 | −$0.09 | −$0.07 | −$0.05 | $0.02 | −$0.04 | $0.04 | $0.02 |
| Cash per share | $0.34 | $0.24 | $0.23 | $0.15 | $0.24 | $0.03 | $0.05 | $0.04 | $0.03 | $0.01 |
| Book value per share | $0.21 | $0.42 | $0.29 | $0.28 | $0.35 | $0.21 | $0.28 | $0.34 | $0.26 | $0.26 |
| Tangible book value per share | $0.21 | $0.42 | $0.29 | $0.28 | $0.35 | $0.21 | $0.28 | $0.34 | $0.26 | $0.25 |
| Dividends per share | — | — | — | $0.00 | — | $0.01 | $0.00 | — | $0.00 | $0.00 |
| Capex per share | $0.06 | $0.03 | $0.01 | $0.00 | $0.01 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Debt per share | $0.19 | $0.00 | $0.03 | $0.05 | $0.06 | $0.08 | $0.15 | $0.10 | $0.13 | $0.17 |
| Shares outstanding | 368.4M | 317.7M | 260.0M | 220.5M | 195.7M | 164.3M | 159.9M | 151.6M | 147.5M | 142.0M |
| Change in shares outstanding | +16.0% | +22.2% | +17.9% | +12.7% | +19.1% | +2.7% | +5.5% | +2.8% | +3.9% | +9.2% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | −71.2% | −51.2% | −44.6% | −26.0% | −47.5% | −37.7% | −17.5% | 10.0% | 0.2% | −8.8% |
| Return on invested capital (ROIC) | −137.4% | −125.1% | −78.2% | −41.1% | −33.7% | −20.3% | −10.8% | 1.1% | 1.2% | 0.4% |
| Return on assets (ROA) | −32.1% | −33.0% | −25.9% | −15.0% | −24.3% | −17.2% | −8.8% | 4.8% | 0.1% | −3.2% |
| Return on tangible assets | −27.5% | −27.4% | −23.9% | −15.9% | −20.3% | −18.1% | −9.3% | 4.5% | 0.1% | −3.4% |
| Free cash flow margin | −245.3% | −240.2% | −107.6% | — | — | −102.0% | 11.5% | −23.2% | 14.1% | 11.1% |
| Income quality (OCF / net income) | — | — | — | — | — | — | — | −1.18 | 74.03 | — |
| Financial health | ||||||||||
| Total debt | $68.2M | $1.2M | $6.5M | $11.1M | $12.3M | $13.2M | $24.4M | $14.7M | $19.4M | $23.9M |
| Cash & short-term investments | $123.9M | $76.1M | $59.7M | $33.0M | $46.2M | $4.3M | $7.8M | $6.4M | $3.9M | $1.6M |
| Net debt | −$55.6M | −$74.8M | −$53.2M | −$21.9M | −$33.8M | $9.0M | $16.7M | $8.3M | $15.6M | $22.4M |
| Debt / equity | 0.88 | 0.01 | 0.09 | 0.18 | 0.18 | 0.39 | 0.55 | 0.28 | 0.50 | 0.66 |
| Debt / assets | 0.25 | 0.01 | 0.05 | 0.10 | 0.10 | 0.16 | 0.27 | 0.15 | 0.22 | 0.27 |
| Net debt / EBITDA | — | — | — | — | — | — | — | 1.69 | 2.29 | 3.76 |
| Current ratio | 5.44 | 5.99 | 6.35 | 6.66 | 7.81 | 1.42 | 3.79 | 1.21 | 1.16 | 0.79 |
| Quick ratio | 4.56 | 4.91 | 6.09 | 5.16 | 6.54 | −0.76 | 0.54 | 0.97 | 0.59 | 0.29 |
| Interest coverage | -35.6 | -187.8 | -21.0 | -42.8 | -22.9 | -18.8 | -12.4 | 1.3 | 1.0 | 0.1 |
| Working capital | $122.8M | $96.0M | $53.6M | $37.3M | $42.4M | $1.5M | $6.4M | $1.6M | $1.3M | −$1.7M |
| Invested capital | $21.8M | $58.0M | $21.7M | $40.6M | $35.5M | $43.1M | $61.0M | $60.1M | $54.3M | $58.6M |
| Tangible asset value | $77.5M | $132.8M | $74.7M | $62.4M | $69.3M | $34.1M | $44.3M | $51.8M | $38.7M | $36.1M |
| Net current asset value | −$44.6M | $53.9M | $10.2M | −$1.5M | −$2.8M | −$42.7M | −$37.4M | −$39.4M | −$40.4M | −$47.2M |
| Graham number | — | — | — | — | — | — | — | $0.48 | $0.06 | — |
| Graham net-net per share | −$0.16 | $0.12 | $0.03 | −$0.03 | −$0.01 | −$0.28 | −$0.22 | −$0.27 | −$0.29 | −$0.35 |
| Capital allocation | ||||||||||
| Dividends paid | — | — | — | $205,000 | — | $901,172 | $137,719 | — | $0 | $0 |
| Share buybacks (net) | $0 | $0 | $69,000 | $205,000 | $289,000 | $39,000 | $70,000 | $76,000 | $94,000 | $56,000 |
| Dividend payout ratio | — | — | — | — | — | — | — | — | 0.0% | — |
| Dividends + buybacks / free cash flow | — | — | — | — | — | — | 5.6% | — | 1.7% | 1.8% |
| Capex / revenue | 86.8% | 26.8% | 11.5% | 3,731.6% | 7,437.5% | 0.5% | 0.9% | 0.4% | 0.5% | 1.1% |
| Capex / operating cash flow | — | — | — | — | — | — | 7.0% | — | 3.5% | 8.9% |
| Capex / depreciation | 4.15 | 2.90 | 0.68 | 0.24 | 0.31 | 0.01 | 0.06 | 0.02 | 0.04 | 0.05 |
| Stock-based compensation / revenue | 7.0% | 7.1% | 5.8% | 6,010.5% | 6,750.0% | 11.4% | 2.4% | 3.9% | 2.3% | 3.1% |
| R&D / revenue | 200.1% | 123.2% | 115.4% | 24,663.2% | 12,012.5% | 13.2% | 4.4% | 7.0% | 11.3% | 10.6% |
| SG&A / revenue | 32.6% | 23.9% | 35.4% | 31,773.7% | 33,300.0% | 62.5% | 18.0% | 23.0% | 13.3% | 17.4% |
| Efficiency | ||||||||||
| Days sales outstanding | 117.9 | 91.7 | 0.9 | 115.3 | -89,082.8 | -171.0 | 0.3 | 0.5 | 0.2 | 0.2 |
| Days of inventory on hand | 302.9 | 99.7 | 117.6 | 474.2 | 410.3 | 214.5 | 55.9 | 95.0 | 64.5 | 85.8 |
| Days payables outstanding | 80.2 | 21.3 | 22.1 | 40.3 | 32.6 | 12.9 | 6.9 | 21.8 | 11.7 | 24.5 |
| Cash conversion cycle (days) | 340.6 | 170.2 | 96.4 | 549.2 | -88,705.1 | 30.5 | 49.3 | 73.7 | 53.0 | 61.5 |
| Receivables turnover | 3.10 | 3.98 | 415.98 | 3.17 | — | — | 1,217.17 | 734.25 | 1,566.04 | 2,184.40 |
| Payables turnover | 4.55 | 17.17 | 16.55 | 9.06 | 11.20 | 28.22 | 52.97 | 16.72 | 31.18 | 14.90 |
| Inventory turnover | 1.20 | 3.66 | 3.10 | 0.77 | 0.89 | 1.70 | 6.53 | 3.84 | 5.66 | 4.25 |
| Asset turnover | 0.12 | 0.21 | 0.15 | 0.00 | 0.00 | 0.10 | 0.34 | 0.25 | 0.43 | 0.29 |
| Average receivables | $8.8M | $8.5M | $42,500 | $6,000 | −$3.9M | −$3.9M | $26,500 | $32,000 | $24,500 | $12,500 |
| Average payables | $6.0M | $2.5M | $1.2M | $757,000 | $625,000 | $459,500 | $571,500 | $730,000 | $782,500 | $1.1M |
| Average inventory | $22.5M | $11.7M | $6.2M | $8.9M | $7.9M | $7.6M | $4.6M | $3.2M | $4.3M | $3.7M |
| Intangibles / total assets | 0.0% | 0.0% | 0.1% | 0.1% | 0.0% | 0.0% | 0.0% | 0.0% | 0.1% | 0.1% |
Computed from URG's annual financial statements (latest annual report filed March 10, 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.
URG valuation and financial ratios
Ur-Energy earned a return on equity of −71.2% and a return on invested capital of −137.4% in fiscal 2025. It ended the year with $68.2 million of debt and $123.9 million in cash and short-term investments, a net cash position of $55.6 million. The share count rose 159.4% from 142.0M to 368.4M over 9 years.
See the URG income statement, the URG chart for price history, or the URG stock overview for the latest quote and news.
URG key metrics FAQ
What is Ur-Energy's return on equity?
Ur-Energy's return on equity (ROE) was −71.2% in fiscal 2025: net income of -$74.9 million on average shareholders' equity of $105.1 million.
What is Ur-Energy's ROIC?
Ur-Energy's return on invested capital was −137.4% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Ur-Energy have?
Ur-Energy had total debt of $68.2 million at the end of fiscal 2025, a debt-to-equity ratio of 0.88 and more cash than debt.
What is Ur-Energy's free cash flow yield?
Ur-Energy generated -$66.7 million of free cash flow in fiscal 2025, a free cash flow yield of −13.0% on its market value at year-end ($512.1 million).
What is Ur-Energy's current ratio?
Ur-Energy's current ratio was 5.44 at the end of fiscal 2025: current assets were 5.44 times current liabilities.