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Centrus Energy Corp. (LEU) Fundamental Analysis & AI Grade 2026

LEU NYSE Mining & Quarrying of Nonmetallic Minerals (No Fuels) DE CIK: 0001065059
Updated This Month • Analysis: May 7, 2026 • SEC Data: 2026-03-31
Combined AI Grade
C
74% Confidence
NEUTRAL
D
78% Conf
B
70% Conf

📊 LEU Key Takeaways

Revenue: $76.7M
Net Margin: 13.0%
Free Cash Flow: $-58.3M
Current Ratio: 5.72x
Debt/Equity: 1.52x
EPS: $0.45
AI Grade: D with 78% confidence
Centrus Energy Corp. (LEU) receives a C fundamental grade with 74% confidence from our AI analysis based on SEC 10-K filings. With revenue of $76.7M, net profit margin of 13.0%, and return on equity (ROE) of 1.3%, Centrus Energy Corp. demonstrates mixed fundamentals in the Materials sector. Below is our complete LEU stock analysis for 2026.

Is Centrus Energy Corp. (LEU) a Good Investment?

Claude

Centrus Energy exhibits structurally weak fundamentals with a near-zero operating margin (1%), negative operating cash flow (-$35.1M), and critically insufficient interest coverage (0.2x). Despite a strong cash position of $1.9B providing near-term runway, the core business is unraveling with negative free cash flow, declining EPS, and minimal revenue growth (1.5%), indicating structural unprofitability rather than cyclical weakness.

ChatGPT

Centrus posts solid profitability with mid‑20s gross margin, double‑digit operating margin, and positive free cash flow, underpinned by exceptionally strong liquidity to navigate its leveraged balance sheet. However, revenue growth is minimal and EPS declined YoY, with net income exceeding operating income, indicating earnings quality and sustainability questions.

Centrus Energy Corp. Key Strengths (LEU)

Claude
  • + Substantial liquidity reserve ($1.9B cash) provides short-term operational runway
  • + Reasonable gross margin (41.1%) suggests some underlying profitability potential in core operations
  • + Strong working capital position (current ratio 5.72x, quick ratio 4.88x) enables tactical flexibility
ChatGPT
  • + Exceptional liquidity (current 5.6x, quick 4.8x, $1.96B cash)
  • + Healthy profitability (26% gross, 11% operating, 17% net margins)
  • + Positive free cash flow and adequate interest coverage (~4x)

LEU Stock Risks: Centrus Energy Corp. Investment Risks

Claude
  • ! Negative operating cash flow (-$35.1M) signals the business cannot sustain itself operationally
  • ! Dangerously low interest coverage ratio (0.2x) means operating earnings cover only 20% of interest obligations, unsustainable long-term
  • ! High leverage (Debt/Equity 1.52x) combined with deteriorating profitability creates debt servicing risk
  • ! Operating margin collapse to 1% indicates the core business is near break-even; any revenue decline precipitates losses
  • ! Negative free cash flow (-$58.3M) at -76% FCF margin shows cash burn despite positive net income
ChatGPT
  • ! Low top-line growth and YoY EPS decline
  • ! High leverage (1.54x D/E) limits flexibility if rates rise
  • ! Earnings quality risk (net > operating suggests non-operating dependence)

Key Metrics to Watch

Claude
  • * Operating cash flow trend - must turn positive to validate business sustainability
  • * Interest coverage ratio - must exceed 2.0x to safely service debt obligations
  • * Operating margin expansion - any contraction below current 1% level signals accelerating deterioration
  • * Free cash flow conversion - critical to monitor if capex reductions can restore positive FCF
ChatGPT
  • * Operating cash flow vs net income (cash conversion)
  • * Operating margin trend

Centrus Energy Corp. (LEU) Financial Metrics & Key Ratios

Revenue
$76.7M
Net Income
$10.0M
EPS (Diluted)
$0.45
Free Cash Flow
$-58.3M
Total Assets
$2.4B
Cash Position
$1.9B

💡 AI Analyst Insight

Strong liquidity with a 5.72x current ratio provides a solid financial cushion.

LEU Profit Margin, ROE & Profitability Analysis

Gross Margin 41.1%
Operating Margin 1.0%
Net Margin 13.0%
ROE 1.3%
ROA 0.4%
FCF Margin -76.0%

LEU vs Materials Sector: How Centrus Energy Corp. Compares

How Centrus Energy Corp. compares to Materials sector averages

Net Margin
LEU 13.0%
vs
Sector Avg 10.0%
LEU Sector
ROE
LEU 1.3%
vs
Sector Avg 14.0%
LEU Sector
Current Ratio
LEU 5.7x
vs
Sector Avg 1.6x
LEU Sector
Debt/Equity
LEU 1.5x
vs
Sector Avg 0.6x
LEU Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Centrus Energy Corp. Stock Overvalued? LEU Valuation Analysis 2026

Based on fundamental analysis, Centrus Energy Corp. shows some fundamental concerns relative to the Materials sector in 2026.

Return on Equity
1.3%
Sector avg: 14%
Net Profit Margin
13.0%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
1.52x
Sector avg: 0.6x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Centrus Energy Corp. Balance Sheet: LEU Debt, Cash & Liquidity

Current Ratio
5.72x
Quick Ratio
4.88x
Debt/Equity
1.52x
Debt/Assets
68.1%
Interest Coverage
0.20x
Long-term Debt
$1.2B

LEU Revenue & Earnings Growth: 5-Year Financial Trend

LEU 5-year financial data: Year 2021: Revenue $298.3M, Net Income $54.4M, EPS $0.57. Year 2022: Revenue $298.3M, Net Income $54.4M, EPS $0.57. Year 2023: Revenue $320.2M, Net Income $175.0M, EPS $9.75. Year 2024: Revenue $442.0M, Net Income $52.2M, EPS $3.38. Year 2025: Revenue $448.7M, Net Income $84.4M, EPS $5.44.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Centrus Energy Corp.'s revenue has grown significantly by 50% over the 5-year period, indicating strong business expansion. The most recent EPS of $5.44 reflects profitable operations.

LEU Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-76.0%
Free cash flow / Revenue

LEU Quarterly Earnings & Performance

Quarterly financial performance data for Centrus Energy Corp. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q1 2026 $73.1M $10.0M $0.45
Q3 2025 $57.7M $3.9M $0.19
Q2 2025 $154.5M -$6.1M $1.52
Q1 2025 $43.7M -$6.1M $-0.38
Q3 2024 $51.3M -$5.0M $-0.30
Q2 2024 $98.4M -$6.1M $0.83
Q1 2024 $43.7M -$6.1M $-0.38
Q3 2023 $33.2M -$400.0K $-0.42

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Centrus Energy Corp. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$35.1M
Cash generated from operations
Capital Expenditures
$23.2M
Investment in assets
Dividends
None
No dividend program

LEU SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Centrus Energy Corp. (CIK: 0001065059)

📋 Recent SEC Filings

Date Form Document Action
May 11, 2026 4 xslF345X06/wk-form4_1778530670.xml View →
May 6, 2026 10-Q leu-20260331.htm View →
May 5, 2026 8-K leu-20260505.htm View →
Apr 24, 2026 DEF 14A leu-20260424.htm View →
Apr 23, 2026 4 xslF345X06/wk-form4_1776962694.xml View →

Frequently Asked Questions about LEU

What is the AI rating for LEU?

Centrus Energy Corp. (LEU) has a Combined AI Grade of C from Claude (D) and ChatGPT (B) with 74% combined confidence, based on fundamental analysis of SEC EDGAR filings.

What are LEU's key strengths?

Claude: Substantial liquidity reserve ($1.9B cash) provides short-term operational runway. Reasonable gross margin (41.1%) suggests some underlying profitability potential in core operations. ChatGPT: Exceptional liquidity (current 5.6x, quick 4.8x, $1.96B cash). Healthy profitability (26% gross, 11% operating, 17% net margins).

What are the risks of investing in LEU?

Claude: Negative operating cash flow (-$35.1M) signals the business cannot sustain itself operationally. Dangerously low interest coverage ratio (0.2x) means operating earnings cover only 20% of interest obligations, unsustainable long-term. ChatGPT: Low top-line growth and YoY EPS decline. High leverage (1.54x D/E) limits flexibility if rates rise.

What is LEU's revenue and growth?

Centrus Energy Corp. reported revenue of $76.7M.

Does LEU pay dividends?

Centrus Energy Corp. does not currently pay dividends.

Where can I find LEU SEC filings?

Official SEC filings for Centrus Energy Corp. (CIK: 0001065059) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is LEU's EPS?

Centrus Energy Corp. has a diluted EPS of $0.45.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined grade reflects both perspectives for balanced insights.

What is LEU's fundamental grade?

Based on our AI fundamental analysis in May 2026, Centrus Energy Corp. has a C grade with 74% confidence. Review the strengths and risks sections above for full context. This is not investment advice.

Is LEU stock overvalued or undervalued?

Valuation metrics for LEU: ROE of 1.3% (sector avg: 14%), net margin of 13.0% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

What is LEU's AI grade for 2026?

Our dual AI analysis gives Centrus Energy Corp. a combined C grade for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is LEU's free cash flow?

Centrus Energy Corp.'s operating cash flow is $-35.1M, with capital expenditures of $23.2M. FCF margin is -76.0%.

How does LEU compare to other Materials stocks?

Vs Materials sector averages: Net margin 13.0% (avg: 10%), ROE 1.3% (avg: 14%), current ratio 5.72 (avg: 1.6).

Is Centrus Energy Corp. carrying too much debt?

LEU has a debt-to-equity ratio of 1.52x, which is above the Materials sector average of 0.6x. However, the current ratio of 5.72 suggests adequate short-term liquidity.

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: May 7, 2026 | Data as of: 2026-03-31 | Powered by Claude AI