LEU vs NXE: Centrus Energy and NexGen Energy compared
The short version
From the latest prices and each company's SEC filings. Who's ahead on each measure, not which to buy.
- NexGen Energy is the larger company, worth $5.0B, about 2.0 times Centrus Energy.
Side by side
The stronger figure is shaded where higher (or, for valuation multiples, lower) reads as better. How the implied growth works.
| Measure | LEU | NXE |
|---|---|---|
| Market cap | $2.5B | $5.0B |
| Share price | $142.44 | $8.75 |
| Revenue (last fiscal year) | $449M | — |
| Free cash flow (last fiscal year) | $31M | -$48M |
| Revenue growth, last year | +14.0% | — |
| Revenue growth per year, last 5 fiscal years | +10.7% | — |
| Operating margin | 1.6% | — |
| Net margin | 10.2% | — |
| Return on equity | 5.7% | -16.9% |
| P/E (trailing) | 45.8x | — |
| Price / free cash flow | 78.8x | — |
| EV / EBITDA | 25.0x | 50.5x |
| FCF growth the price implies | 23.1% | — |
| Dividend yield | — | — |
| Debt / equity | 1.99x | 0.35x |
| Fundamental grade | D | F |
| Superinvestors holding it | 3 | 0 |
| Insider purchases, last 12 months | 0 | 0 |
Results from SEC filings
Revenue and free cash flow by fiscal year, from each company's 10-K filings.
Centrus Energy
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | $298M | $49M | 22.9% |
| 2022 | $294M | $20M | 20.3% |
| 2023 | $320M | $8M | 16.4% |
| 2024 | $442M | $33M | 10.9% |
| 2025 | $449M | $31M | 11.2% |
NexGen Energy
| Year | Revenue | Free cash flow | Op. margin |
|---|---|---|---|
| 2021 | — | -$18M | — |
| 2022 | — | -$21M | — |
| 2023 | — | -$59M | — |
| 2024 | — | -$26M | — |
| 2025 | — | -$48M | — |
Where the revenue comes from
Centrus Energy · by products, 2022
Separative Work Units$196M67%
Service$58M20%
Uranium$39M13%
NexGen Energy
No segment breakdown reported.
Compare them in fullFifteen years of statements, quarterly results, DCF and IRR models, and any number of peers side by side.
Open LEU in InvestinglyQuestions
Which is bigger, Centrus Energy or NexGen Energy?
NexGen Energy (NXE), at $5.0B against $2.5B.
Prices and ratios as of the last daily update; statements from SEC filings. Information only, not investment advice.