Cameco Corporation logo

Cameco Corporation

CCJ

NYSEEnergyUranium

Latest quote

$102.49

+$6.92 · +7.24%

Aug 21, 3:55 PM ET

CCJ company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Sell

Trim exposure — unfavorable risk-reward

Valuation

19

Overpriced

Momentum

31

Weakening

Sentiment

67

Bullish

Risk resilience

48

Elevated Risk

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Company profile

Company website

Cameco Corporation is a prominent global enterprise specializing in the production and distribution of uranium. Its operations are structured into two core divisions: Uranium and Fuel Services. The Uranium division manages the full upstream process, encompassing the exploration, extraction, and initial processing (milling) of uranium ore, as well as the procurement and sale of uranium concentrate. Conversely, the Fuel Services division focuses on the downstream transformation of uranium. This includes the refining, conversion, and fabrication of uranium concentrate into usable forms, alongside providing related conversion services. Furthermore, this segment is responsible for manufacturing specialized fuel bundles and reactor components specifically designed for CANDU reactors. Cameco provides its essential uranium products and associated fuel services to nuclear utility clients across major international markets, including the Americas, Europe, and Asia. The company was founded in 1987 and maintains its principal office in Saskatoon, Canada.

Industry
Uranium
Sector
Energy
Headquarters
CA
CEO
Timothy S. Gitzel
Listed since
Mar 14, 1996
Employees
3,082

Market position

Volume
3.62M
1.09× average
Average volume
3.31M
Average daily volume
Market cap
44.65B USD
Beta
1.05
Market reference 1

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
54.56B CAD
P/E (TTM)
172.69×
P/B (TTM)
8.62×
P/S (TTM)
17.7×
EV / EBITDA
47.2×
Earnings yield
1.08%
Free cash flow yield
1.97%
Dividend yield
0.17%

Profitability & efficiency

Gross margin
27.57%
Operating margin
14.26%
Net margin
10.21%
Return on equity
8.54%
Return on assets
5.72%
Return on invested capital
4.77%

Financial health

Debt / equity
0.14×
Current ratio
2.47×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends38%21%4%-14%Gross margin, FY2021: 0.13%Gross margin, FY2022: 12.49%Gross margin, FY2023: 30.22%Gross margin, FY2024: 33.91%Gross margin, FY2025: 26.73%Operating margin, FY2021: -9.23%Operating margin, FY2022: 0.81%Operating margin, FY2023: 10.93%Operating margin, FY2024: 16.27%Operating margin, FY2025: 16.68%Net margin, FY2021: -6.95%Net margin, FY2022: 4.78%Net margin, FY2023: 13.94%Net margin, FY2024: 5.48%Net margin, FY2025: 16.93%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 0.13%. Gross margin FY2022 12.49%. Gross margin FY2023 30.22%. Gross margin FY2024 33.91%. Gross margin FY2025 26.73%. Operating margin FY2021 -9.23%. Operating margin FY2022 0.81%. Operating margin FY2023 10.93%. Operating margin FY2024 16.27%. Operating margin FY2025 16.68%. Net margin FY2021 -6.95%. Net margin FY2022 4.78%. Net margin FY2023 13.94%. Net margin FY2024 5.48%. Net margin FY2025 16.93%.

Income trends

Revenue

3.48B CAD+10.95%

Operating income

580.42M CAD+13.78%

Net income

589.1M CAD+242.79%
Income trends across reported periods3.84B CAD2.39B CAD948.38M CAD−497.74M CADRevenue, FY2021: 1.47B CADRevenue, FY2022: 1.87B CADRevenue, FY2023: 2.59B CADRevenue, FY2024: 3.14B CADRevenue, FY2025: 3.48B CADOperating income, FY2021: −136.21M CADOperating income, FY2022: 15.05M CADOperating income, FY2023: 282.86M CADOperating income, FY2024: 510.11M CADOperating income, FY2025: 580.42M CADNet income, FY2021: −102.58M CADNet income, FY2022: 89.38M CADNet income, FY2023: 360.85M CADNet income, FY2024: 171.85M CADNet income, FY2025: 589.1M CADFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 1.47B CAD. Revenue FY2022 1.87B CAD. Revenue FY2023 2.59B CAD. Revenue FY2024 3.14B CAD. Revenue FY2025 3.48B CAD. Operating income FY2021 −136.21M CAD. Operating income FY2022 15.05M CAD. Operating income FY2023 282.86M CAD. Operating income FY2024 510.11M CAD. Operating income FY2025 580.42M CAD. Net income FY2021 −102.58M CAD. Net income FY2022 89.38M CAD. Net income FY2023 360.85M CAD. Net income FY2024 171.85M CAD. Net income FY2025 589.1M CAD.
Metric (CAD)FY2025FY2024FY2023FY2022FY2021
Revenue3.48B CAD3.14B CAD2.59B CAD1.87B CAD1.47B CAD
Cost of goods sold2.55B CAD2.07B CAD1.81B CAD1.63B CAD1.47B CAD
Gross profit929.85M CAD1.06B CAD781.99M CAD233.29M CAD1.93M CAD
Research and development38.44M CAD36.54M CAD21.04M CAD12.18M CAD7.17M CAD
Selling, general, and administrative311M CAD272.57M CAD245.54M CAD172.03M CAD127.57M CAD
Operating expenses349.43M CAD553.17M CAD499.13M CAD218.24M CAD138.15M CAD
Interest income23.15M CAD21.21M CAD111.68M CAD37.17M CAD6.86M CAD
Interest expense74.46M CAD110.85M CAD76.26M CAD56.25M CAD55.59M CAD
Depreciation and amortization304.88M CAD314.43M CAD220.32M CAD177.38M CAD190.42M CAD
Operating income580.42M CAD510.11M CAD282.86M CAD15.05M CAD−136.21M CAD
Net income589.1M CAD171.85M CAD360.85M CAD89.38M CAD−102.58M CAD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
45%
5 beats, 6 misses, 0 met estimates
Average EPS surprise
-10.34%
11 comparable reports
Latest EPS result
0.13
Estimate 0.26 · Miss by 50.00%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.550.380.210.04Q1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.26, estimate 0.163, surprise +59.71%, Beat. Q2 2025, reported May 1, 2025: actual 0.11, estimate 0.093, surprise +17.98%, Beat. Q3 2025, reported Jul 31, 2025: actual 0.51, estimate 0.272, surprise +87.57%, Beat. Q4 2025, reported Nov 5, 2025: actual 0.05, estimate 0.141, surprise -64.61%, Miss. Q1 2026, reported Feb 13, 2026: actual 0.36, estimate 0.29, surprise +24.14%, Beat. Q2 2026, reported May 5, 2026: actual 0.34, estimate 0.29, surprise +17.24%, Beat. Q3 2026, reported Jul 31, 2026: actual 0.13, estimate 0.26, surprise -50.00%, Miss. Q4 2026, reported Oct 30, 2026: actual —, estimate 0.26, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates913.38M725.78M538.18M350.58MQ1 '25BeatQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 822.19M USD, estimate 533.14M USD, surprise +54.22%, Beat. Q2 2025, reported May 1, 2025: actual 554.33M USD, estimate 396.35M USD, surprise +39.86%, Beat. Q3 2025, reported Jul 31, 2025: actual 643.71M USD, estimate 427.79M USD, surprise +50.47%, Beat. Q4 2025, reported Nov 5, 2025: actual 440.62M USD, estimate 389.39M USD, surprise +13.16%, Beat. Q1 2026, reported Feb 13, 2026: actual 874.57M USD, estimate 806.26M USD, surprise +8.47%, Beat. Q2 2026, reported May 5, 2026: actual 607.49M USD, estimate 598.63M USD, surprise +1.48%, Beat. Q3 2026, reported Jul 31, 2026: actual 573.06M USD, estimate 579.6M USD, surprise -1.13%, Miss. Q4 2026, reported Oct 30, 2026: actual —, estimate 544.06M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Analyst price target

Average target

$134.25

30.96% upside
Past 12 months12-month forecastHigh $175Average $134.25Low $97.00

Rating distribution

21 ratings
Strong buy15%
Buy1362%
Hold524%
Sell210%
Strong sell00%

CCJ peers

ETFs holding CCJ

Funds reporting this stock among their holdings, ordered by reported position size.

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