NYSE : UVV
Universal Corporation — Financial statements
Consumer Staples · Tobacco · United States
Last price 41.44 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 1.03B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Universal Corporation (UVV) reported revenue of 2.85B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.85B | 2.92B | 2.95B | 2.75B | 2.57B | 2.10B |
| Cost of Revenue | 2.36B | 2.40B | 2.38B | 2.20B | 2.10B | 1.68B |
| Gross Profit | 497.20M | 528.24M | 563.64M | 547.90M | 469.32M | 419.80M |
| Selling, General & Admin | 318.49M | 316.89M | 320.27M | 322.37M | 288.25M | 249.26M |
| Operating Expenses | 318.49M | 316.89M | 320.27M | 322.37M | 288.25M | 249.26M |
| Operating Income | 178.71M | 211.34M | 243.37M | 225.53M | 181.07M | 170.54M |
| Interest Expense | -72.77M | -74.04M | -79.64M | -66.27M | -49.30M | -27.75M |
| Interest & Investment Income | 2.06M | 1.96M | 3.48M | 4.50M | 6.02M | 917.00K |
| Earnings From Equity Investments | 1.50M | 3.43M | 9.10M | 756.00K | 2.38M | 6.09M |
| Other Non Operating Income (Expenses) | 2.35M | 2.85M | 2.57M | 3.08M | 1.79M | 2.69M |
| EBT Excluding Unusual Items | 111.85M | 145.55M | 178.89M | 167.60M | 141.97M | 152.49M |
| Merger & Restructuring Charges | 289.00K | -833.00K | -5.71M | -1.43M | -4.45M | |
| Impairment of Goodwill | -41.06M | -41.06M | ||||
| Asset Writedown | -1.00M | -1.00M | -4.86M | -2.09M | -8.31M | |
| Other Unusual Items | -14.10M | 2.53M | ||||
| Pretax Income | 70.08M | 102.65M | 154.22M | 164.08M | 141.97M | 142.27M |
| Income Tax Expense | 36.80M | 46.66M | 40.95M | 31.11M | 11.73M | 38.66M |
| Earnings From Continuing Operations | 33.28M | 55.99M | 113.27M | 132.97M | 130.24M | 103.60M |
| Minority Interest in Earnings | -14.15M | -23.36M | -18.22M | -13.37M | -6.18M | -17.03M |
| Net Income | 19.12M | 32.64M | 95.05M | 119.60M | 124.05M | 86.58M |
| Net Income to Common | 19.12M | 32.64M | 95.05M | 119.60M | 124.05M | 86.58M |
| Shares Outstanding (Basic) | 25.06M | 25.04M | 24.95M | 24.85M | 24.77M | 24.76M |
| Shares Outstanding (Diluted) | 25.16M | 25.17M | 25.13M | 25.04M | 24.94M | 24.92M |
| EPS (Basic) | 0.76 | 1.30 | 3.81 | 4.81 | 5.01 | 3.50 |
| EPS (Diluted) | 0.76 | 1.30 | 3.78 | 4.78 | 4.97 | 3.47 |
| Free Cash Flow | 164.38M | 80.27M | 264.37M | -140.65M | -65.23M | -8.32M |
| Free Cash Flow Per Share | 6.53 | 3.19 | 10.52 | -5.62 | -2.62 | -0.33 |
| Dividend Per Share | 3.29 | 3.28 | 3.24 | 3.20 | 3.16 | 3.12 |
| Gross Margin | 17.42% | 18.06% | 19.12% | 19.93% | 18.26% | 19.96% |
| Operating Margin | 6.26% | 7.23% | 8.26% | 8.21% | 7.05% | 8.11% |
| Profit Margin | 0.67% | 1.12% | 3.23% | 4.35% | 4.83% | 4.12% |
| Free Cash Flow Margin | 5.76% | 2.74% | 8.97% | -5.12% | -2.54% | -0.40% |
| EBITDA | 231.32M | 264.78M | 303.14M | 283.86M | 238.37M | 223.06M |
| EBITDA Margin | 8.10% | 9.05% | 10.29% | 10.33% | 9.28% | 10.60% |
| D&A For EBITDA | 52.62M | 53.44M | 59.77M | 58.33M | 57.30M | 52.52M |
| EBIT | 178.71M | 211.34M | 243.37M | 225.53M | 181.07M | 170.54M |
| EBIT Margin | 6.26% | 7.23% | 8.26% | 8.21% | 7.05% | 8.11% |
| Effective Tax Rate | 52.51% | 45.45% | 26.55% | 18.96% | 8.26% | 27.18% |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 173.59M | 62.18M | 260.12M | 55.59M | 64.69M | 81.65M |
| Cash & Short-Term Investments | 173.59M | 62.18M | 260.12M | 55.59M | 64.69M | 81.65M |
| Receivables | 452.55M | 576.16M | 633.02M | 530.65M | 414.28M | 389.98M |
| Inventory | 1.48B | 1.21B | 1.17B | 1.40B | 1.21B | 1.15B |
| Other Current Assets | 138.70M | 120.24M | 97.64M | 113.14M | 116.33M | 129.87M |
| Total Current Assets | 2.24B | 1.97B | 2.16B | 2.10B | 1.80B | 1.75B |
| Property, Plant & Equipment | 411.75M | 410.23M | 407.23M | 398.39M | 391.67M | 385.36M |
| Long-Term Investments | 86.26M | 83.24M | 81.10M | 83.00M | 76.18M | 81.01M |
| Goodwill | 172.68M | 172.69M | 213.84M | 213.87M | 213.92M | 214.00M |
| Other Intangible Assets | 46.59M | 48.60M | 57.84M | 68.88M | 80.10M | 92.57M |
| Long-Term Deferred Tax Assets | 18.57M | 15.64M | 16.54M | 15.18M | 13.09M | 11.62M |
| Other Long-Term Assets | 59.70M | 64.67M | 56.91M | 55.38M | 61.33M | 53.78M |
| Total Assets | 3.04B | 2.77B | 2.99B | 2.94B | 2.64B | 2.59B |
| Accounts Payable | 91.23M | 90.65M | 100.03M | 110.35M | 89.04M | 170.53M |
| Accrued Expenses | 185.75M | 153.84M | 168.00M | 148.78M | 139.64M | 130.83M |
| Short-Term Debt | 567.01M | 287.56M | 455.04M | 417.22M | 195.56M | 182.64M |
| Current Portion of Leases | 10.47M | 11.17M | 10.74M | 10.36M | 11.40M | 10.30M |
| Current Income Taxes Payable | 12.95M | 17.64M | 12.59M | 7.48M | 3.27M | 7.43M |
| Current Unearned Revenue | 3.53M | 3.38M | 3.76M | 17.18M | 3.06M | |
| Other Current Liabilities | 16.99M | |||||
| Total Current Liabilities | 870.94M | 564.24M | 750.16M | 711.36M | 441.99M | 518.72M |
| Long-Term Debt | 616.87M | 616.73M | 617.92M | 617.36M | 619.89M | 519.71M |
| Long-Term Leases | 22.86M | 24.36M | 20.61M | 19.30M | 25.54M | 29.62M |
| Pension & Post-Retirement Benefits | 35.43M | 35.47M | 35.34M | 43.25M | 42.77M | 52.89M |
| Long-Term Deferred Tax Liabilities | 40.22M | 39.92M | 42.09M | 39.14M | 42.61M | 47.33M |
| Other Long-Term Liabilities | 26.25M | 24.93M | 22.90M | 27.90M | 29.43M | 33.30M |
| Total Liabilities | 1.61B | 1.31B | 1.49B | 1.46B | 1.20B | 1.20B |
| Common Stock | 353.90M | 351.52M | 351.63M | 345.60M | 337.25M | 330.66M |
| Retained Earnings | 1.11B | 1.14B | 1.19B | 1.17B | 1.14B | 1.09B |
| Comprehensive Income & Other | -74.10M | -73.11M | -80.05M | -81.58M | -77.06M | -84.31M |
| Total Common Equity | 1.39B | 1.42B | 1.46B | 1.44B | 1.40B | 1.34B |
| Minority Interest | 34.06M | 45.72M | 41.98M | 41.72M | 39.86M | 44.23M |
| Shareholders' Equity | 1.42B | 1.46B | 1.50B | 1.48B | 1.44B | 1.38B |
| Total Liabilities & Equity | 3.04B | 2.77B | 2.99B | 2.94B | 2.64B | 2.59B |
| Total Debt | 1.22B | 939.82M | 1.10B | 1.06B | 852.39M | 742.27M |
| Net Cash (Debt) | -1.04B | -877.64M | -844.19M | -1.01B | -787.70M | -660.62M |
| Net Cash Per Share | -41.48 | -34.87 | -33.60 | -40.28 | -31.58 | -26.51 |
| Filing Date Shares Outstanding | 24.90M | 24.92M | 24.72M | 24.57M | 24.56M | 24.56M |
| Total Common Shares Outstanding | 24.94M | 24.92M | 24.72M | 24.57M | 24.56M | 24.55M |
| Working Capital | 1.37B | 1.41B | 1.41B | 1.39B | 1.36B | 1.23B |
| Book Value Per Share | 55.69 | 56.79 | 59.01 | 58.49 | 56.90 | 54.60 |
| Tangible Book Value | 1.17B | 1.19B | 1.19B | 1.15B | 1.10B | 1.03B |
| Tangible Book Value Per Share | 46.90 | 47.91 | 48.02 | 46.98 | 44.92 | 42.12 |
| Land | 26.41M | 26.25M | 26.11M | 26.24M | 24.93M | 23.96M |
| Buildings | 333.70M | 333.42M | 333.40M | 323.97M | 311.14M | 293.94M |
| Machinery | 768.89M | 759.65M | 723.93M | 693.87M | 689.22M | 668.45M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 19.12M | 32.64M | 95.05M | 119.60M | 124.05M | 86.58M |
| Depreciation & Amortization | 52.62M | 53.44M | 59.77M | 58.33M | 57.30M | 52.52M |
| Asset Writedown & Restructuring Costs | 41.13M | 39.59M | 9.01M | 2.34M | 6.32M | |
| Loss (Gain) on Equity Investments | 1.99M | 245.00K | -3.03M | -1.24M | 4.01M | -329.00K |
| Stock-Based Compensation | 4.92M | 7.12M | 8.53M | 12.06M | 8.42M | 6.19M |
| Other Operating Activities | 91.11M | 85.22M | 63.53M | 37.04M | -2.11M | 44.28M |
| Change in Accounts Receivable | 64.38M | 39.16M | -129.99M | -109.68M | -74.66M | -23.18M |
| Change in Inventory | -8.97M | -89.52M | 244.73M | -236.24M | -41.87M | -245.92M |
| Change in Accounts Payable | -26.53M | -12.62M | -8.70M | 20.81M | -84.59M | 108.75M |
| Change in Income Taxes | -14.27M | 971.00K | 2.00M | 342.00K | -7.81M | 6.64M |
| Change in Other Net Operating Assets | -8.41M | -27.14M | -13.93M | 22.01M | 6.69M | 3.03M |
| Operating Cash Flow | 217.08M | 129.10M | 326.97M | -74.63M | -10.56M | 44.88M |
| Capital Expenditures | -52.70M | -48.83M | -62.60M | -66.01M | -54.67M | -53.20M |
| Sale of Property, Plant & Equipment | 6.01M | 5.87M | 3.78M | 2.26M | 1.08M | 13.00M |
| Cash Acquisitions | -102.46M | |||||
| Divestitures | 3.76M | 3.25M | ||||
| Investing Cash Flow | -46.69M | -42.96M | -58.82M | -60.00M | -50.35M | -142.66M |
| Short-Term Debt Issued | 37.70M | 223.00M | 24.71M | 79.29M | ||
| Long-Term Debt Issued | 89.13M | 123.48M | ||||
| Total Debt Issued | 201.49M | 89.13M | 37.70M | 223.00M | 148.19M | 79.29M |
| Short-Term Debt Repaid | -170.07M | |||||
| Long-Term Debt Repaid | -89.13M | -23.48M | ||||
| Total Debt Repaid | -259.20M | -259.20M | -23.48M | |||
| Net Debt Issued (Repaid) | -57.71M | -170.07M | 37.70M | 223.00M | 124.71M | 79.29M |
| Repurchase of Common Stock | -2.75M | -4.74M | -3.45M | -3.05M | ||
| Common Dividends Paid | -81.72M | -81.30M | -79.69M | -78.40M | -77.39M | -76.44M |
| Dividends Paid | -81.72M | -81.30M | -79.69M | -78.40M | -77.39M | -76.44M |
| Other Financing Activities | -32.49M | -32.98M | -21.25M | -14.18M | -4.92M | -16.56M |
| Financing Cash Flow | -174.67M | -284.34M | -63.23M | 125.67M | 38.95M | -16.76M |
| Foreign Exchange Rate Adjustments | -568.00K | 262.00K | -399.00K | -141.00K | -1.00M | -1.03M |
| Net Cash Flow | -4.84M | -197.94M | 204.52M | -9.10M | -22.96M | -115.57M |
| Free Cash Flow | 164.38M | 80.27M | 264.37M | -140.65M | -65.23M | -8.32M |
| Free Cash Flow Margin | 5.76% | 2.74% | 8.97% | -5.12% | -2.54% | -0.40% |
| Free Cash Flow Per Share | 6.53 | 3.19 | 10.52 | -5.62 | -2.62 | -0.33 |
| Levered Free Cash Flow | 155.88M | 65.13M | 259.60M | -156.07M | -69.20M | -71.66M |
| Unlevered Free Cash Flow | 201.36M | 111.40M | 309.37M | -114.65M | -38.38M | -54.32M |
| Cash Interest Paid | 71.76M | 71.76M | 75.28M | 61.08M | 49.88M | 27.11M |
| Cash Income Tax Paid | 43.12M | 43.12M | 38.36M | 38.08M | 49.07M | 33.01M |
| Change in Working Capital | 6.20M | -89.14M | 94.12M | -302.76M | -202.23M | -150.68M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 1.01B | 1.31B | 1.38B | 1.27B | 1.30B | 1.43B |
| Enterprise Value | 2.06B | 2.39B | 2.54B | 2.25B | 2.27B | 2.19B |
| Last Close Price | 41.44 | 50.06 | 50.13 | 43.34 | 41.72 | 43.21 |
| PE Ratio | 53.37 | 40.24 | 14.56 | 10.63 | 10.47 | 16.51 |
| Forward PE | 12.05 | 12.01 | 15.80 | 15.80 | 15.80 | 15.80 |
| PS Ratio | 0.36 | 0.45 | 0.47 | 0.46 | 0.51 | 0.68 |
| PB Ratio | 0.74 | 0.90 | 0.92 | 0.86 | 0.90 | 1.03 |
| P/TBV Ratio | 0.87 | 1.10 | 1.17 | 1.10 | 1.18 | 1.38 |
| P/FCF Ratio | 6.19 | 16.36 | 5.24 | |||
| P/OCF Ratio | 4.69 | 10.17 | 4.23 | 31.84 | ||
| PEG Ratio | 3.00 | |||||
| EV/Sales Ratio | 0.72 | 0.82 | 0.86 | 0.82 | 0.88 | 1.04 |
| EV/EBITDA Ratio | 8.91 | 9.01 | 8.37 | 7.94 | 9.53 | 9.83 |
| EV/EBIT Ratio | 11.54 | 11.29 | 10.43 | 9.99 | 12.54 | 12.86 |
| EV/FCF Ratio | 12.54 | 29.72 | 9.60 | |||
| Debt / Equity Ratio | 0.85 | 0.64 | 0.74 | 0.72 | 0.59 | 0.54 |
| Debt / EBITDA Ratio | 4.73 | 3.24 | 3.37 | 3.47 | 3.27 | 3.05 |
| Debt / FCF Ratio | 7.41 | 11.71 | 4.18 | |||
| Net Debt / Equity Ratio | 0.73 | 0.60 | 0.56 | 0.68 | 0.55 | 0.48 |
| Net Debt / EBITDA Ratio | 4.51 | 3.31 | 2.79 | 3.55 | 3.31 | 2.96 |
| Net Debt / FCF Ratio | 6.35 | 10.93 | 3.19 | -7.17 | -12.08 | -79.39 |
| Asset Turnover | 0.92 | 1.02 | 0.99 | 0.99 | 0.98 | 0.85 |
| Inventory Turnover | 1.58 | 2.02 | 1.86 | 1.69 | 1.78 | 1.74 |
| Quick Ratio | 0.72 | 1.13 | 1.19 | 0.82 | 1.08 | 0.91 |
| Current Ratio | 2.57 | 3.49 | 2.87 | 2.96 | 4.08 | 3.37 |
| Return on Equity (ROE) | 2.28% | 3.78% | 7.60% | 9.12% | 9.23% | 7.58% |
| Return on Assets (ROA) | 3.59% | 4.59% | 5.13% | 5.05% | 4.33% | 4.33% |
| Return on Invested Capital (ROIC) | 3.53% | 4.92% | 7.40% | 7.76% | 7.78% | 6.42% |
| Return on Capital Employed (ROCE) | 8.30% | 9.60% | 10.90% | 10.10% | 8.20% | 8.20% |
| Earnings Yield | 1.87% | 2.48% | 6.87% | 9.41% | 9.55% | 6.06% |
| FCF Yield | 16.14% | 6.11% | 19.10% | -11.07% | -5.02% | -0.58% |
| Dividend Yield | 8.17% | 6.22% | 5.79% | 6.19% | 5.97% | 5.36% |
| Payout Ratio | 435.91% | 249.10% | 83.84% | 65.55% | 62.39% | 88.29% |
| Buyback Yield / Dilution | -0.06% | -0.17% | -0.34% | -0.39% | -0.08% | -0.54% |
| Total Shareholder Return | 8.06% | 6.05% | 5.44% | 5.80% | 5.89% | 4.82% |