UAMYNYSEPrimary Smelting & Refining of Nonferrous MetalsFiscal year ends December 31
UNITED STATES ANTIMONY CORP
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 11, 2026
$3.10+0.25 (+8.77%)
Close on Oct 19, 2026
- Market cap
- $470.44M
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
25.2%+21.2 pts over 5 years
Operating margin
-21.5%+41.6 pts over 5 years
Net margin
-11.1%+51.7 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +162.8% | +52.6% | +49.6% | +11.6% | |
| Gross profit | +184.8% | +70.4% | +116.9% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -11.0% | -42.0% | -5.1% | |
| Return on assets | -7.3% | -24.4% | -4.6% | |
| Current ratio | 0.50 | 0.40 | 5.38 | |
| Debt to equity | 0.16 | 0.01 | 0.00 | |
| Net debt to EBITDA | 9.77× | 0.26× | 4.18× | |
| Interest coverage | -5.1× | -183.7× | – | |
| Inventory turnover | 11.6× | 7.9× | 4.3× | |
| Capex to revenue | 5.0% | 4.6% | 70.8% | |
| Diluted shares | 67M | 73M | 124M |
Where the cash went
Fiscal 2021 to 2025, five years combined
United States Antimony generated $19.34M from operations and spent $33.58M on capital expenditure, dividends and share buybacks. 96% of that went back into the business.
Generated
$19.34M
Used
$33.58M
Capital expenditure$32.14M96%Dividends$787.73K2%Share buybacks$652.46K2%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-11.1%
×Asset turnover0.42×
×Equity multiplier1.11×
=Return on equity, FY2025-5.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -11.1% | 0.42× | 1.11× | -5.1% |
| FY2024 | -11.6% | 0.48× | 1.16× | -6.4% |
| FY2023 | -73.0% | 0.28× | 1.09× | -22.1% |
| FY2022 | 3.9% | 0.32× | 1.09× | 1.3% |
| FY2021 | -0.8% | 0.32× | 1.22× | -0.3% |
| FY2020 | -62.8% | 0.39× | 1.72× | -42.0% |
| FY2019 | -44.4% | 0.53× | 1.57× | -36.9% |
| FY2018 | 9.7% | 0.52× | 1.59× | 8.0% |
| FY2017 | -11.1% | 0.59× | 1.61× | -10.4% |
| FY2016 | -11.0% | 0.66× | 1.51× | -11.0% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 9 tests passed in fiscal 2025. Scores of 7 to 9 are usually read as strong.
- ProfitableNet income above zero-$4.34M
- Cash generatingOperating cash flow above zero-$9.69M
- Return on assets improvedROA up on the prior year-6.2% → -12.5%
- Earnings backed by cashOperating cash flow above net income-$9.69M vs -$4.34M
- Less leverageLong-term debt to assets fell0.6% → 0.0%
- Better liquidityCurrent ratio rose5.16 → 5.38
- No dilutionShare count did not rise109M → 124M
- Gross margin improvedGross margin up on the prior year23.21% → 25.15%
- More efficientAsset turnover rose0.53 → 1.13