Cameco (CCJ) Net Margin (2009 - 2025)
Cameco's Net Margin was 56.78% in the quarter ended Dec 31, 2025, up 46.91 percentage points from 9.87% a year earlier and up 56.81 percentage points from the prior quarter.
Cameco (CCJ) Net Margin (2009 - 2025) Analysis & Trends
For the year ended Dec 31, 2025, Net Margin at Cameco came in at 16.93%, up 11.45 percentage points from the prior year.
- Net Margin shows a five-year change of +20.89 percentage points (years ended Dec 2020 to Dec 2025).
- In earlier years, Net Margin was 5.48% in the year ended Dec 31, 2024 (-8.46 pp), 13.94% in the year ended Dec 31, 2023 (+9.16 pp), 4.78% in the year ended Dec 31, 2022 (+11.73 pp) and -6.95% in the year ended Dec 31, 2021 (-3.00 pp).
- The figure for the quarter ended Dec 31, 2025 marks the highest quarterly Net Margin since the quarter ended Dec 31, 2009.
- Compared with a year earlier, Net Margin was higher in three of the last five quarters, with an average year-over-year change of +15.60 percentage points.
- Per Business Quant data, CCJ's Net Margin in the three quarters before the quarter ended Dec 31, 2025 was -0.03% (quarter ended Sep 30, 2025), 30.69% (quarter ended Jun 30, 2025) and 8.57% (quarter ended Mar 31, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 35.01 Bn | 31.59 Bn | - | 56.78% |
| 2 | NexGen Energy | 4.99 Bn | 2.53 Bn | - | - |
| 3 | Warrior Met Coal | 4.44 Bn | 3.14 Bn | 169.64 Mn | 17.15% |
| 4 | Core Natural Resources | 4.40 Bn | 2.64 Bn | 252.03 Mn | 11.08% |
| 5 | Uranium Energy | 3.78 Bn | 2.19 Bn | 10.03 Mn | -300.44% |
| 6 | Alliance Resource Partners | 3.30 Bn | 2.99 Bn | 202.70 Mn | 14.42% |
| 7 | Peabody Energy | 2.76 Bn | 562.24 Mn | - | -9.03% |
| 8 | Centrus Energy | 2.19 Bn | -5.14 Bn | 49.90 Mn | 9.54% |
| 9 | Energy Fuels | 2.04 Bn | -905.08 Mn | 14.42 Mn | -132.94% |
| 10 | Alpha Metallurgical Resources | 2.01 Bn | 429.99 Mn | 49.19 Mn | -2.49% |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 56.78% |
| Sep 30, 2025 | -4.59% |
| Jun 30, 2025 | 12.20% |
| Dec 31, 2024 | 36.80% |
| Sep 30, 2024 | -7.85% |
| Jun 30, 2024 | -18.36% |
| Jun 30, 2022 | 4.91% |
| Mar 31, 2022 | 15.29% |
| Sep 30, 2021 | 16.16% |
| Jun 30, 2021 | 5.23% |
| Mar 31, 2021 | -1.70% |
| Sep 30, 2020 | -16.04% |
| Sep 30, 2016 | 21.23% |
| Jun 30, 2016 | -29.45% |
| Mar 31, 2016 | 19.11% |
| Dec 31, 2015 | -1.02% |
| Sep 30, 2015 | -0.60% |
| Jun 30, 2015 | 15.59% |
| Mar 31, 2015 | -1.57% |
| Dec 31, 2014 | 8.17% |
Cameco Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=CCJ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CCJ", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CCJ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();