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U.S. Global Investors, Inc. logo

U.S. Global Investors, Inc.

GROW

NASDAQFinancial ServicesAsset Management

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Previous close

$3.29

+$0.045 · +1.39%

Aug 21, 4:00 PM ET

GROW company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

75

Undervalued

Momentum

48

Neutral

Sentiment

75

Bullish

Risk resilience

59

Elevated Risk

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Company profile

Company website

U.S. Global Investors, Inc. functions as a publicly traded asset management firm, primarily offering its expertise to investment companies and various pooled investment vehicles. This company provides comprehensive management for a range of financial products, including equity and fixed-income mutual funds, hedge funds, and exchange-traded funds (ETFs). The firm strategically allocates capital across public equity and fixed-income markets worldwide. For its stock investments, the approach emphasizes Growth At a Reasonable Price (GARP) and value-oriented equities. To inform these investment decisions, U.S. Global Investors employs a rigorous methodology, integrating fundamental and quantitative analysis with both top-down and bottom-up stock selection techniques. Established in 1968, the company maintains its headquarters in San Antonio, Texas.

Industry
Asset Management
Sector
Financial Services
Headquarters
US
CEO
Frank Edward Holmes
Listed since
Apr 24, 1985
Employees
24

Market position

Day range

Current $3.29

52-week range

Current $3.29

Open
$3.27
Previous close
$3.245
Volume
3.98K
0.17× average
Average volume
23.54K
Average daily volume
Market cap
41.71M USD
Beta
0.66
Market reference 1
50-day average
$3.0442
+8.07% above average
200-day average
$2.7984
+17.57% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
10.22M USD
P/E (TTM)
12.19×
P/B (TTM)
0.85×
P/S (TTM)
3.85×
EV / EBITDA
-51.12×
Earnings yield
-0.96%
Free cash flow yield
-2.39%
Dividend yield
2.74%

Profitability & efficiency

Gross margin
64.85%
Operating margin
-1.42%
Net margin
29.15%
Return on equity
-0.74%
Return on assets
-0.69%
Return on invested capital
-6.46%

Financial health

Debt / equity
0×
Current ratio
20.87×
Altman Z-score
11.18
Piotroski F-score
6 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends166%93%20%-54%Gross margin, FY2021: 65.97%Gross margin, FY2022: 75.48%Gross margin, FY2023: 68.17%Gross margin, FY2024: 56.28%Gross margin, FY2025: 41.66%Operating margin, FY2021: 37.71%Operating margin, FY2022: 44.97%Operating margin, FY2023: 23.38%Operating margin, FY2024: -4.37%Operating margin, FY2025: -35.33%Net margin, FY2021: 147.60%Net margin, FY2022: 13.92%Net margin, FY2023: 20.89%Net margin, FY2024: 12.14%Net margin, FY2025: -3.95%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 65.97%. Gross margin FY2022 75.48%. Gross margin FY2023 68.17%. Gross margin FY2024 56.28%. Gross margin FY2025 41.66%. Operating margin FY2021 37.71%. Operating margin FY2022 44.97%. Operating margin FY2023 23.38%. Operating margin FY2024 -4.37%. Operating margin FY2025 -35.33%. Net margin FY2021 147.60%. Net margin FY2022 13.92%. Net margin FY2023 20.89%. Net margin FY2024 12.14%. Net margin FY2025 -3.95%.

Income trends

Revenue

8.45M USD-23.05%

Operating income

−2.99M USD-522.08%

Net income

−334K USD−1.67M USD
Income trends across reported periods35.46M USD21.48M USD7.5M USD−6.48M USDRevenue, FY2021: 21.65M USDRevenue, FY2022: 24.71M USDRevenue, FY2023: 15.07M USDRevenue, FY2024: 10.98M USDRevenue, FY2025: 8.45M USDOperating income, FY2021: 8.17M USDOperating income, FY2022: 11.11M USDOperating income, FY2023: 3.53M USDOperating income, FY2024: −480K USDOperating income, FY2025: −2.99M USDNet income, FY2021: 31.96M USDNet income, FY2022: 3.44M USDNet income, FY2023: 3.15M USDNet income, FY2024: 1.33M USDNet income, FY2025: −334K USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 21.65M USD. Revenue FY2022 24.71M USD. Revenue FY2023 15.07M USD. Revenue FY2024 10.98M USD. Revenue FY2025 8.45M USD. Operating income FY2021 8.17M USD. Operating income FY2022 11.11M USD. Operating income FY2023 3.53M USD. Operating income FY2024 −480K USD. Operating income FY2025 −2.99M USD. Net income FY2021 31.96M USD. Net income FY2022 3.44M USD. Net income FY2023 3.15M USD. Net income FY2024 1.33M USD. Net income FY2025 −334K USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue8.45M USD10.98M USD15.07M USD24.71M USD21.65M USD
Cost of goods sold4.93M USD4.8M USD4.8M USD6.06M USD7.37M USD
Gross profit3.52M USD6.18M USD10.28M USD18.66M USD14.29M USD
Selling, general, and administrative6.45M USD6.46M USD6.5M USD7.32M USD5.92M USD
Operating expenses6.51M USD6.66M USD6.75M USD7.54M USD6.12M USD
Interest income————464K USD
Interest expense1K USD3K USD4K USD——
Depreciation and amortization61K USD196K USD243K USD226K USD374K USD
Operating income−2.99M USD−480K USD3.53M USD11.11M USD8.17M USD
Net income−334K USD1.33M USD3.15M USD3.44M USD31.96M USD

Company facts updated Aug 24, 2026.

Earnings

Latest EPS result
0.23

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly EPS actual values compared with estimates0.270.140.02-0.11Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 10, 2024: actual 0.02, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 7, 2024: actual 0.02, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual -0.01, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual -0.03, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 8, 2025: actual -0.02, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 0.12, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 20, 2026: actual -0.07, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 0.23, estimate —, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Estimates unavailable
Quarterly Revenue actual values compared with estimates4.28M3.45M2.62M1.79MQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26
Q3 2024, reported Sep 10, 2024: actual 2.44M USD, estimate —, surprise —, Comparison unavailable. Q4 2024, reported Nov 7, 2024: actual 2.16M USD, estimate —, surprise —, Comparison unavailable. Q1 2025, reported Feb 12, 2025: actual 2.23M USD, estimate —, surprise —, Comparison unavailable. Q2 2025, reported May 8, 2025: actual 2.1M USD, estimate —, surprise —, Comparison unavailable. Q3 2025, reported Sep 8, 2025: actual 1.96M USD, estimate —, surprise —, Comparison unavailable. Q4 2025, reported Nov 12, 2025: actual 2.25M USD, estimate —, surprise —, Comparison unavailable. Q1 2026, reported Feb 20, 2026: actual 2.51M USD, estimate —, surprise —, Comparison unavailable. Q2 2026, reported May 13, 2026: actual 4.11M USD, estimate —, surprise —, Comparison unavailable.

GROW news

proactiveinvestors.com

U.S. Global Investors’ Frank Holmes sees more upside for airline stocks - ICYMI

U.S. Global Investors (NASDAQ:GROW) earlier this week highlighted resilient travel demand, the return of corporate passengers and airline pricing power as...

Read source
proactiveinvestors.com

Frank Talk: The gold mining rally nobody saw coming

Gold has been grabbing headlines with a powerful rally, but Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), argues the bigger story may be unfolding beneath the surface.

Read source
proactiveinvestors.com

Frank Talk: The gold mining rally nobody saw coming

Gold has been grabbing headlines with a powerful rally, but Frank Holmes, CEO of U.S. Global Investors (NASDAQ:GROW), argues the bigger story may be...

Read source
proactiveinvestors.com

U.S. Global Investors: Strong travel demand creates opportunity for airline stocks

U.S. Global Investors (NASDAQ:GROW) CEO Frank Holmes joined Steve Darling from Proactive to discuss the continued strength of the global travel industry and...

Read source
defenseworld.net

U.S. Global Investors (NASDAQ:GROW) Stock Price Passes Above 200 Day Moving Average – Here’s What Happened

U.S. Global Investors, Inc. (NASDAQ: GROW - Get Free Report)'s stock price passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of $2.92 and traded as…

Read source
proactiveinvestors.com

China-led EV boom could cut oil demand and send Brent to $55, Goldman says

A sharp acceleration in electric vehicle sales could reduce global oil demand by as much as 320,000 barrels a day by the end of next year, according to...

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$0.09

2025 complete year+38.5% since 2021

2026 partial: $0.06

* Partial calendar year in the available dividend history.

Corporate action history

DividendUpcoming

Ex-dividend Sep 14, 2026

$0.0075

Monthly

Record Sep 14, 2026 · Payment Sep 28, 2026

Dividend

Ex-dividend Aug 17, 2026

$0.0075

Monthly

Record Aug 17, 2026 · Payment Aug 31, 2026

Dividend

Ex-dividend Jul 13, 2026

$0.0075

Monthly

Record Jul 13, 2026 · Payment Jul 27, 2026

Dividend

Ex-dividend Jun 15, 2026

$0.0075

Monthly

Record Jun 15, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend May 11, 2026

$0.0075

Monthly

Record May 11, 2026 · Payment May 26, 2026

Dividend

Ex-dividend Apr 13, 2026

$0.0075

Monthly

Record Apr 13, 2026 · Payment Apr 27, 2026

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ETFs holding GROW

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

Vanguard Morningstar Total Stock Market ETF logoVanguard Morningstar Total Stock Market ETFVTI
Market value
1.06M
Weight
0.00%
AUM
2.3T USD
Expense ratio
0.03%
Price / 1D
$378.24+0.44%
State Street SPDR S&P International Small Cap ETF logoState Street SPDR S&P International Small Cap ETFGWX
Market value
658.51K
Weight
0.07%
AUM
927.26M USD
Expense ratio
0.40%
Price / 1D
$46.205+0.40%
Vanguard Extended Market ETF logoVanguard Extended Market ETFVXF
Market value
393.38K
Weight
0.00%
AUM
93.7B USD
Expense ratio
0.05%
Price / 1D
$245.53+0.82%
ProShares Global Listed Private Equity ETF logoProShares Global Listed Private Equity ETFPEX
Market value
274.16K
Weight
2.36%
AUM
11.63M USD
Expense ratio
2.95%
Price / 1D
$24.155+0.73%
EA Bridgeway Omni Small-Cap Value ETF logoEA Bridgeway Omni Small-Cap Value ETFBSVO
Market value
110K
Weight
—
AUM
1.71B USD
Expense ratio
0.47%
Price / 1D
$29.62+0.85%
State Street SPDR Portfolio Europe ETF logoState Street SPDR Portfolio Europe ETFSPEU
Market value
74.22K
Weight
0.01%
AUM
741.65M USD
Expense ratio
0.07%
Price / 1D
$57.325+0.75%
U.S. Micro Cap Portfolio ETF logoU.S. Micro Cap Portfolio ETFDFMC
Market value
34.98K
Weight
0.00%
AUM
8.06B USD
Expense ratio
0.43%
Price / 1D
$60.95+0.73%
Dimensional - US Small Cap ETF logoDimensional - US Small Cap ETFDFAS
Market value
17.85K
Weight
0.00%
AUM
15.92B USD
Expense ratio
0.26%
Price / 1D
$83.02+0.73%

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