Last 47 quarters of trend data · Energy · Uranium
Quarterly valuation ratios — annualised for comparability. YoY Δ shows same-quarter-prior-year change.
Cameco Corporation's quarterly P/E stands at 50.8x, up 22.6% year-over-year — indicating the stock has re-rated higher or earnings have softened. EV/EBITDA has expanded 96.1% YoY to 39.7x, reflecting rising market expectations or slowing EBITDA growth.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| P/E Ratio → | 111.83 | 50.83 | — | 25.08 | 64.31 | 41.44 | 698.25 | 148.91 | — | 59.86 | 29.15 | 248.65 | 24.23 |
| — | +22.6% | — | -83.2% | — | -30.8% | +2295.6% | -40.1% | — | — | — | +893.7% | -66.7% | |
| P/S Ratio | 18.90 | 8.30 | 14.85 | 9.22 | 5.68 | 4.74 | 7.22 | 8.96 | 7.42 | 5.54 | 7.50 | 7.06 | 4.14 |
| — | +75.2% | +105.8% | +2.8% | -23.5% | -14.5% | -3.8% | +26.9% | +79.3% | +18.5% | +10.4% | +87.3% | -43.4% | |
| P/B Ratio | 9.53 | 5.78 | 5.38 | 4.80 | 2.76 | 3.52 | 3.35 | 3.46 | 3.08 | 3.07 | 2.82 | 2.28 | 1.91 |
| — | +63.9% | +60.8% | +38.5% | -10.3% | +14.8% | +18.7% | +51.9% | +61.2% | +82.8% | +30.7% | +4.0% | -19.8% | |
| P/FCF | 64.33 | 18.23 | 144.42 | 20.71 | 83.40 | 12.05 | — | 44.52 | 203.23 | 29.67 | 30.44 | 72.54 | 15.10 |
| — | +51.3% | — | -53.5% | -59.0% | -59.4% | — | -38.6% | +1245.6% | -47.6% | — | +125.9% | -26.2% | |
| EV / EBITDA | 74.16 | 39.69 | 56.53 | 32.31 | 18.83 | 20.24 | 31.93 | 34.57 | 29.71 | 78.52 | 19.60 | 39.83 | 15.03 |
| — | +96.1% | +77.0% | -6.6% | -36.6% | -74.2% | +62.9% | -13.2% | +97.7% | — | -71.4% | +189.0% | -74.9% | |
| EV / EBIT | 113.11 | 60.76 | 422.19 | 19.68 | 31.22 | 36.29 | 72.19 | 61.11 | 88.51 | 35.36 | 30.98 | 55.06 | 31.76 |
| — | +67.4% | +484.9% | -67.8% | -64.7% | +2.6% | +133.0% | +11.0% | +178.7% | — | — | +104.2% | -40.0% |
Quarterly margins and returns. Watch for margin compression across consecutive quarters.
Cameco Corporation's operating margin was 13.6% in Q4 2025, down 1.5 pp QoQ and down 1.7 pp YoY. This marks the 4th consecutive quarter of margin compression, signaling a persistent pressure on profitability that investors should monitor. The trailing four-quarter average of 17.8% exceeds the current quarter, suggesting the latest result may reflect seasonal weakness or a one-off headwind. Gross margin expanded 5.4% YoY, indicating pricing power or improving input costs.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 26.7% | 22.2% | 37.3% | 29.3% | 34.2% | 21.1% | 23.7% | 29.3% | 29.5% | 15.7% | 36.1% | 22.8% | 35.5% |
| — | +5.4% | +57.4% | +0.1% | +16.0% | +34.1% | -34.4% | +28.4% | -16.8% | -11.8% | +93.1% | -17.5% | +183.2% | |
| Operating Margin | 16.7% | 13.6% | 15.1% | 18.9% | 23.5% | 15.3% | 13.9% | 17.0% | 20.0% | 2.1% | 23.6% | 7.3% | 13.8% |
| — | -10.9% | +8.7% | +11.0% | +17.7% | +644.3% | -40.9% | +132.9% | +45.1% | +118.4% | +630.2% | -51.4% | +690.2% | |
| Net Margin | 16.9% | 16.6% | -0.0% | 36.6% | 8.8% | 11.5% | 1.0% | 6.0% | -1.1% | 9.5% | 25.7% | 2.8% | 17.3% |
| — | +44.8% | -102.2% | +508.1% | +893.5% | +20.6% | -96.0% | +111.8% | -106.4% | +422.5% | +612.4% | -81.1% | +70.8% |
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 8.9% | 2.9% | -0.0% | 4.8% | 1.1% | 2.2% | 0.1% | 0.6% | -0.1% | 1.3% | 2.5% | 0.2% | 2.0% |
| — | +35.0% | -101.8% | +728.7% | +1038.8% | +64.2% | -95.1% | +155.0% | -105.7% | +556.6% | +647.5% | -88.1% | +143.4% | |
| ROA | 5.8% | 2.0% | -0.0% | 3.4% | 0.7% | 1.4% | 0.1% | 0.4% | -0.1% | 0.9% | 1.7% | 0.2% | 1.4% |
| — | +40.7% | -101.9% | +787.5% | +1096.3% | +64.4% | -95.3% | +140.4% | -105.3% | +548.5% | +676.0% | -87.5% | +156.6% | |
| ROIC | 6.3% | 1.8% | 1.0% | 1.8% | 2.0% | 1.9% | 1.0% | 1.0% | 1.3% | 0.2% | 2.2% | 0.5% | 1.3% |
| — | -6.0% | -2.8% | +71.3% | +53.0% | +763.1% | -53.6% | +95.5% | +0.5% | +126.6% | +848.1% | -64.8% | +1032.6% |
Quarterly solvency trend — watch for debt spikes or covenant pressure.
Cameco Corporation's Debt/EBITDA ratio is 4.1x, down from 6.2x last quarter — elevated, raising questions about debt serviceability. The current ratio has improved 52.1% YoY to 2.47x, strengthening the short-term liquidity position.
| Metric | TTM | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 | Q3 '23 | Q2 '23 | Q1 '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.15 | 0.15 | 0.15 | 0.15 | 0.15 | 0.20 | 0.20 | 0.25 | 0.28 | 0.29 | 0.18 | 0.19 | 0.19 |
| — | -27.2% | -27.0% | -41.1% | -45.1% | -30.4% | +10.2% | +34.6% | +48.8% | +71.4% | -14.4% | -7.4% | -11.9% | |
| Debt / EBITDA | 1.15 | 4.08 | 6.20 | 3.99 | 4.04 | 4.54 | 7.37 | 9.60 | 10.06 | 28.12 | 5.63 | 14.61 | 6.21 |
| — | -10.0% | -15.9% | -58.4% | -59.8% | -83.9% | +30.9% | -34.3% | +62.1% | — | -79.2% | +183.6% | -71.7% | |
| Current Ratio | 2.47 | 2.47 | 2.99 | 2.96 | 2.71 | 1.62 | 2.88 | 3.22 | 1.42 | 1.55 | 3.85 | 3.64 | 7.75 |
| — | +52.1% | +4.0% | -8.1% | +90.0% | +4.7% | -25.2% | -11.5% | -81.6% | -73.8% | -24.7% | -39.5% | +53.3% | |
| Quick Ratio | 1.68 | 1.68 | 1.57 | 1.75 | 0.99 | 0.80 | 0.96 | 1.20 | 0.54 | 0.84 | 3.17 | 2.86 | 6.36 |
| — | +109.2% | +62.3% | +46.2% | +83.4% | -4.7% | -69.5% | -58.1% | -91.5% | -81.1% | -15.7% | -40.8% | +62.4% | |
| Interest Coverage | 7.80 | 8.49 | 1.23 | 23.87 | 7.39 | 7.00 | 3.01 | 2.76 | 1.94 | 4.22 | 9.02 | 3.86 | 5.99 |
| — | — | — | — | — | — | — | — | — | — | — | — | — |
Includes 30+ ratios · 47 years · Updated daily
Deep dive into CCJ consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying CCJ stock.
Cameco Corporation's current P/E is 111.8x. The average P/E over the last 3 quarters is 46.7x. Quarterly P/E ratios can vary due to seasonal revenue patterns and one-time charges.
Cameco Corporation's current operating margin is 16.7%. Margins have been compressing over recent quarters. Quarterly margins are particularly useful for identifying trend inflections that annual data smooths over.
Quarterly financial ratios reveal short-term trend shifts — margin compression, debt spikes, or valuation re-ratings — that annual figures smooth over. They're essential for active investors tracking Cameco Corporation's business trajectory between earnings reports.