Cameco (CCJ) Operating Margin (2009 - 2026)
Cameco's (CCJ) quarterly Operating Margin came in at 25.88% in Q1 2026, down 874.0% on a YoY basis from 3.34% in Q1 2025, and down 25.25% quarter-over-quarter from 34.63% in Q1 2025.
Analysis
Cameco (CCJ) Operating Margin (2009 - 2026) Analysis & Trends
Cameco (CCJ) has reported Operating Margin for 11 consecutive years, with 25.88% the latest figure, recorded in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 874.0% year-over-year to 25.88%; the trailing twelve-month figure through Mar 2026 stood at 12.71% (up 204.0% YoY), and the FY2025 full-year result was 17.75%, up 149.0% from the prior year.
- Operating Margin slipped to 25.88% in Q1 2026 per CCJ's latest filing, from 34.63% in the prior quarter.
- Across five years, Operating Margin topped out at 34.63% in Q1 2025 and bottomed at 2.78% in Q2 2022.
- Historically, Operating Margin has averaged 15.87% across 4 years, with a median of 14.52% in 2024.
- The widest YoY moves for Operating Margin: up 874 bps in 2026, down 874 bps in 2026.
- Over 4 years, Operating Margin stood at 2.87% in 2022, then soared by 381 bps to 13.82% in 2024, then jumped by 151 bps to 34.63% in 2025, then retreated by 25 bps to 25.88% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 25.88%, 34.63%, and 13.82% for Q1 2026, Q1 2025, and Q3 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Cameco | 43.88 Bn | 42.76 Bn | 190.14 Mn | - |
| 2 | NexGen Energy | 7.10 Bn | 6.40 Bn | - | - |
| 3 | Uranium Energy | 5.68 Bn | 5.19 Bn | - | - |
| 4 | Energy Fuels | 3.62 Bn | 2.69 Bn | 14.42 Mn | -121.77% |
| 5 | Centrus Energy | 3.34 Bn | 1.48 Bn | 49.90 Mn | 5.91% |
| 6 | Nano Nuclear Energy | 896.31 Mn | 316.93 Mn | - | - |
| 7 | IsoEnergy | 614.11 Mn | 614.11 Mn | - | - |
| 8 | Ur-Energy | 553.03 Mn | 454.03 Mn | 1.89 Mn | -128.27% |
| 9 | enCore Energy | 240.87 Mn | 190.09 Mn | -2.58 Mn | -187.91% |
| 10 | Lightbridge | 115.79 Mn | 115.79 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 25.88% |
| Mar 31, 2025 | 34.63% |
| Sep 30, 2024 | 13.82% |
| Jun 30, 2024 | 15.22% |
| Sep 30, 2022 | 2.87% |
| Jun 30, 2022 | 2.78% |
| Sep 30, 2020 | -10.93% |
| Jun 30, 2020 | -2.30% |
| Jun 30, 2019 | -1.27% |
| Dec 31, 2013 | 1.60% |
| Dec 31, 2012 | 3.03% |
| Jun 30, 2012 | 13.22% |
| Dec 31, 2011 | 29.26% |
| Dec 31, 2010 | 7.78% |
| Dec 31, 2009 | -7.02% |
| Sep 30, 2009 | 6.10% |
| Jun 30, 2009 | -16.65% |
| Mar 31, 2009 | 11.05% |