Also trades as: UUGRY (OTC) · $vol 1M · UUGWF (OTC) · $vol 0M

£1,417.00 ($18.76)

+13.00 (+0.93%)

Weekly Expected Move ±2.5%

£1346 £1381 £1417 £1453 £1488

LSE · Utilities · Regulated Water · Tech Score Buy · Power 64 · £10.5B mcap · 737M float · 0.267% daily turnover

Revenue

$2.6B +22.0% ▲

5Y CAGR: +7.7%

Gross Profit

$1.3B -36.5% ▼

5Y CAGR: +7.8%

Operating Income

$1.1B +72.7% ▲

5Y CAGR: +11.2%

Net Income

$587M +121.7% ▲

5Y CAGR: +5.3%

EPS (Diluted)

$0.86 +120.5% ▲

5Y CAGR: +5.4%

EBITDA

$1.6B +33.5% ▲

5Y CAGR: +6.6%

View Full Income Statement

Line Item	FY2022	FY2023	FY2024	FY2025	FY2026
Revenue	$1.9B	$1.8B	$1.9B	$2.1B	$2.6B
YoY Growth	+3.0%	-2.1%	+6.9%	+10.0%	+22.0%
Cost of Revenue	$978M	$1.1B	$291M	$144M	$1.3B
Gross Profit	$884M	$754M	$1.7B	$2.0B	$1.3B
Gross Margin	47.5%	41.3%	85.1%	93.3%	48.6%
R&D Expenses	$1M	$1M	$700K	$0	$0
SG&A Expenses	$242M	$312M	$13M	$14M	$180M
Operating Expenses	$243M	$313M	$1.2B	$1.4B	$180M
Operating Income	$642M	$441M	$480M	$632M	$1.1B
Operating Margin	34.4%	24.2%	24.6%	29.4%	41.7%
Interest Expense	$331M	$498M	$380M	$372M	$416M
Income Before Tax	$442M	$256M	$170M	$355M	$779M
Tax Expense	$497M	$51M	$43M	$90M	$192M
Net Income	-$57M	$205M	$127M	$265M	$587M
Net Margin	-3.0%	11.2%	6.5%	12.3%	22.4%
EPS (Diluted)	$-0.08	$0.30	$0.19	$0.39	$0.86
EBITDA	$1.2B	$1.2B	$993M	$1.2B	$1.6B
Shares Outstanding	682M	684M	684M	684M	684M

Line Item	FY2023 Q2	FY2023 Q4	FY2024 Q2	FY2024 Q4	FY2025 Q2	FY2025 Q4	FY2026 Q2	FY2026 Q4
Revenue	$919M	$905M	$982M	$968M	$1.1B	$1.1B	$1.3B	$1.3B
Cost of Revenue	$513M	$557M	$571M	$575M	$94M	$98M	$664M	$682M
Gross Profit	$406M	$348M	$411M	$393M	$988M	$966M	$646M	$626M
Gross Margin	44.2%	38.4%	41.8%	40.6%	91.3%	90.8%	49.3%	47.9%
R&D Expenses	$0	$1M	$0	$700K	$0	$0	$0	$0
SG&A Expenses	$147M	$166M	$168M	$168M	$120M	$125M	$97M	$84M
Operating Expenses	$147M	$166M	$168M	$168M	$655M	$668M	$97M	$84M
Operating Income	$259M	$182M	$243M	$244M	$333M	$298M	$549M	$542M
Operating Margin	28.2%	20.1%	24.8%	25.2%	30.8%	28.0%	41.9%	41.5%
Interest Expense	$326M	$300M	$271M	$190M	$194M	$179M	$228M	$188M
Income Before Tax	$426M	-$170M	$161M	$13M	$140M	$214M	$325M	$454M
Tax Expense	$73M	-$22M	$43M	-$100K	$38M	$53M	$85M	$107M
Net Income	$353M	-$148M	$117M	$10M	$103M	$162M	$240M	$347M
Net Margin	38.4%	-16.4%	11.9%	1.0%	9.5%	15.2%	18.3%	26.5%
EPS (Diluted)	$0.52	$-0.22	$0.17	$0.01	$0.15	$0.24	$0.35	$0.51
EBITDA	$896M	$282M	$589M	$403M	$577M	$524M	$799M	$800M
Shares Outstanding	684M	682M	683M	684M	683M	684M	684M	684M

UU.L LSE