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Universal Corp (UVV) stock

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NYSE: UVV NYSE Tobacco Next results ~November 5, 2026

D Fundamentals grade

Universal Corp is a US-listed company in the tobacco industry. Its financial year ends in March.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 107% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 107% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Insiders0 buying, 2 selling0 purchases and 4 sales by directors and officers, last 12 monthsInsider trades
  • Funds122 adding, 100 cuttingOf 34 active managers that changed their stake, 17 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Universal files

Where Universal stands after its latest 10-Q

Revenue for the twelve months to June 2026 was $2.81bn, down 3.6% on a year earlier, a steeper fall than the 1.3% decline a quarter earlier. That puts it 1320 of 1447 for growth among all the companies we cover. Free-cash-flow margin rose to 5.8% from 4.5% a year earlier. Operating margin narrowed to 4.9% from 8.5%. Against its peers on growth, profitability, cash generation and balance sheet, it grades D. It passes 2 of our 7 financial-health checks.

Our model value for Universal is under review, so past values are not shown until it is resolved.

Source: 10-Q filed August 5, 2026 on SEC EDGAR · Financials · Valuation

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 5, 2026 (estimated)

Universal Corp's trailing-twelve-month revenue fell 3.6% year on year, with a free-cash-flow margin of 5.8%. Where it stands out: long-term debt as % of assets of 20.3% ranks 2 of 6 tobacco companies we cover. Where it lags: gross margin of 15.6% ranks 6 of 6 tobacco companies we cover.

Our discounted-cash-flow model values the business at ~$30 per share in the base case (~$11–$54 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow grew 24.1% while net income fell 81.5%: a 106pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Strengths

Nothing in Universal Corp's latest figures clears our strength thresholds.

Things to watch

  • Results due soon. Results are expected around 4 November; the share price can move sharply on the day.
  • Revenue shrinking. Revenue fell 3.6% over the last 12 months.
  • Margins narrowing. Operating margin is down 3.7 points on a year ago.
  • High earnings multiple. The shares trade at 54 times the last 12 months' earnings, so expectations are demanding.
  • Growth easing. The growth rate is 2.4 points lower than a quarter earlier.
  • Gross margin slipping. Gross margin is down 3.0 points on a year ago.

Latest results: FY2027 Q1

Filed August 5, 2026
Earnings per share
-$0.20 against an average estimate of $0.25: missed by 180.0%
Revenue
$520m, down 12.2% on a year earlier
Share reaction
-3.1% in the first session after the results on August 5, 2026, against -0.4% for the S&P 500
Next report
November 5, 2026; average EPS estimate $0.58

Universal's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-2.7%
  • 1 week-0.1%
  • 1 month-4.5%
  • This year-17.6%
  • 1 year-16.7%
  • 5 years+9.4%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$2.8B
Operating margin
4.9%
Net margin
0.7%
EPS (TTM, diluted)
$0.76

Growth

Revenue growth
−3.6%
Change in growth rate
−2.4 pts
Share count change
+0.1%

Cash

Free cash flow (TTM)
$164M
FCF margin
5.8%
Stock pay % of revenue
0.2%

Earnings

Last results
August 5, 2026
Next results (est.)
November 4, 2026

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

  1. Agreement
  2. Leadership
  3. Results
  4. Dividend
  5. Announcement
  6. Leadership

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 107% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Universal Corp as an operating company, with every model that fits that kind of business. Cost of equity 7%: the 10-year Treasury yield (4.9%) plus a beta of 0.37 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$15 ~$12–$23 Included
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$52 ~$37–$76 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$51 ~$44–$61 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Universal Corp with Tobacco in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

Universal Corp: market value and multiples by fiscal year
At fiscal year end 20162017201820192020202120222023202420252026Now
Share price$31.44$40.61$28.87$35.96$29.06$41.48$43.21$41.72$43.34$50.13$50.06$40.65
Market value$875m$965m$736m$911m$730m$1.0bn$1.1bn$1.0bn$1.1bn$1.3bn$1.3bn$1.0bn
+ Net debt (− = net cash)$117m$145m$181m$126m$339m$422m$620m$748m$979m$813m$842m$1.0bn
Enterprise value$992m$1.1bn$918m$1.0bn$1.1bn$1.5bn$1.7bn$1.8bn$2.1bn$2.1bn$2.1bn$2.0bn
Multiples
Price / sales 0.4x0.5x0.4x0.4x0.4x0.5x0.5x0.4x0.4x0.4x0.4x0.4x
Price / earnings 8.0x9.1x7.0x8.7x10.2x11.8x12.4x8.4x9.1x13.3x38.6x53.5x
Price / free cash flow 6.3x4.5x15.6x7.2x—6.7x———4.8x15.7x6.2x
EV / EBITDA 4.5x5.2x4.5x5.2x6.5x7.5x8.0x7.5x7.4x7.1x9.5x10.7x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

51 /100

Moderate moat

How hard Universal's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.

  • Returns on capital 8 / 20

    Cash operating profit has been a median 7.3% of total assets over 10 years.

  • Pricing power 8 / 20

    Gross margin has been a median 18.5%, moving by 1.1 percentage points (standard deviation) across 10 years.

  • Durability 10 / 20

    Operating margin has been a median 7.5%; its worst year was 4.9%.

  • Cash conversion 9 / 20

    Free cash flow was positive in 7 of 10 years, at a median 3.0% of revenue.

  • Discipline 16 / 20

    The diluted share count rose 1.3% over five years; stock-based pay has been a median 0.3% of revenue.

AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 5, 2026, after the close. Analysts expect revenue of $630m and EPS of $0.58 (range $0.58 to $0.58) for the quarter.

Analysts' consensus

Universal Corp: consensus estimates
Fiscal yearEPSGrowthRevenueGrowth
Current $3.18 +20% $2.7bn −7%
Next $3.95 +24% $2.8bn +4%

Next year's EPS estimate has moved −9.8% in 90 days, across 1 analysts.

Earnings against estimates

Universal Corp: reported EPS against the consensus estimate
Quarter toEstimateActualSurprise
Jun 2026 $0.25 −$0.20 −180.0%
Mar 2026 $1.08 −$0.46 −142.6%
Dec 2025 $1.92 $1.32 −31.2%
Sept 2025 $1.34 $1.36 +1.5%

Adjusted EPS as companies report it, against the average analyst estimate.

Positioning

Short interest
10.5%
of tradable shares
Days to cover
6.16
at average volume
Short interest, 1 month
+6%
to September 30, 2026
Held by institutions
85%
of shares
Held by insiders
2.2%
of shares
Employees
11,250
full time

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Recent prices are available. Older price history and the statistics that need it are being loaded in the background.

What moved the share price

Last 12 months −14.3%

$47.42 on October 31, 2025 to $40.65

Universal Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $2.9bn $2.8bn −3.6%
Net margin 3.5% 0.7% −80.8%
P/E multiple 11.5x 53.5x +363.8%
Share count 25m 25m −0.1%

Biggest factor: net margin.

Last 3 years −3.0%

$41.89 on November 3, 2023 to $40.65

Universal Corp: share-price change split into its parts
PartThenNowEffect
Revenue (last 12 months) $2.6bn $2.8bn +6.7%
Net margin 4.4% 0.7% −84.4%
P/E multiple 9.1x 53.5x +489.9%
Share count 25m 25m −0.9%

Biggest factor: net margin.

The effects multiply back to the price change exactly. Results are the last 12 months as known on each date (filings assumed public 45 days after quarter end).

Return and risk by year

Universal Corp: yearly return, monthly win rate and worst fall against the S&P 500
Calendar year 202120222023202420252026 to date
Return
UVV+20%+2%+36%−13%+2%−18%
Industry peers (median)+23%−19%−3%+38%+28%−3%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
UVV33%50%50%50%50%46%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
UVV−21%−29%−16%−30%−21%−32%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since October 29, 2015: 46% from February 8, 2017 to March 23, 2020. Getting back needed a 84% gain, reached on May 17, 2022, 785 days after the low.

Price behaviour

52-week range
$38.22 – $55.83
From 52-week high
−27.2%
vs 50-day average
−3.9%
vs 200-day average
−16.4%
Volatility (1 year)
25%
Beta vs S&P 500
-0.29

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Share price after results

Next day
6 up, 6 down
typical move ±6.9%
After a week
6 up, 6 down
typical move ±6.6%
After a month
6 up, 6 down
typical move ±8.4%
Universal Corp: share-price change after each results release
Results releasedNext dayS&P 500 next day5 days21 days
August 5, 2026 −3.1% −0.4% −14.3% −12.8%
May 28, 2026 −6.1% +0.8% −4.3% −4.1%
February 9, 2026 −10.7% +0.2% −7.7% −9.6%
November 5, 2025 +6.8% −0.7% +3.6% +1.7%
August 6, 2025 −4.3% +0.7% −0.7% +2.8%
May 29, 2025 +10.2% +0.3% +2.0% −1.9%
February 10, 2025 +2.5% +0.8% +0.1% +1.7%
November 12, 2024 +0.1% −0.3% +2.5% +5.3%
August 7, 2024 +5.2% +1.6% +4.7% +5.3%
May 22, 2024 −12.2% −1.0% −10.8% −9.2%
February 7, 2024 −7.7% +0.9% −13.5% −12.7%
November 2, 2023 +13.6% +2.8% +15.6% +33.2%

From the close before the release date to the close 1, 5 and 21 trading days after it, so releases before the open and after the close are both captured. Past moves don't predict future ones.

Universal Corp in five measures

Fundamentals grade D
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Universal Corp
$2.6B $2.7B $2.8B $2.9B $3B FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue (TTM), FY24 Q2: $2.6B Revenue (TTM), FY24 Q3: $2.6B Revenue (TTM), FY24 Q4: $2.7B Revenue (TTM), FY25 Q1: $2.8B Revenue (TTM), FY25 Q2: $2.9B Revenue (TTM), FY25 Q3: $3B Revenue (TTM), FY25 Q4: $2.9B Revenue (TTM), FY26 Q1: $2.9B Revenue (TTM), FY26 Q2: $3B Revenue (TTM), FY26 Q3: $2.9B Revenue (TTM), FY26 Q4: $2.9B Revenue (TTM), FY27 Q1: $2.8B $2.8B

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue (TTM)
FY24 Q2 $2.6B
FY24 Q3 $2.6B
FY24 Q4 $2.7B
FY25 Q1 $2.8B
FY25 Q2 $2.9B
FY25 Q3 $3B
FY25 Q4 $2.9B
FY26 Q1 $2.9B
FY26 Q2 $3B
FY26 Q3 $2.9B
FY26 Q4 $2.9B
FY27 Q1 $2.8B
Revenue growth, TTM YoY Universal Corp
-5% 0% 5% 10% 15% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Revenue growth, TTM YoY, FY24 Q2: 10.8% Revenue growth, TTM YoY, FY24 Q3: 5.4% Revenue growth, TTM YoY, FY24 Q4: 6.7% Revenue growth, TTM YoY, FY25 Q1: 6.2% Revenue growth, TTM YoY, FY25 Q2: 9.6% Revenue growth, TTM YoY, FY25 Q3: 13.0% Revenue growth, TTM YoY, FY25 Q4: 7.4% Revenue growth, TTM YoY, FY26 Q1: 4.2% Revenue growth, TTM YoY, FY26 Q2: 3.0% Revenue growth, TTM YoY, FY26 Q3: -3.5% Revenue growth, TTM YoY, FY26 Q4: -1.3% Revenue growth, TTM YoY, FY27 Q1: -3.6% -3.6%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Revenue growth, TTM YoY
FY24 Q2 10.8%
FY24 Q3 5.4%
FY24 Q4 6.7%
FY25 Q1 6.2%
FY25 Q2 9.6%
FY25 Q3 13.0%
FY25 Q4 7.4%
FY26 Q1 4.2%
FY26 Q2 3.0%
FY26 Q3 -3.5%
FY26 Q4 -1.3%
FY27 Q1 -3.6%
Operating margin (TTM) Universal Corp
4% 5% 6% 7% 8% 9% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 Operating margin (TTM), FY24 Q2: 7.5% Operating margin (TTM), FY24 Q3: 7.8% Operating margin (TTM), FY24 Q4: 8.2% Operating margin (TTM), FY25 Q1: 8.1% Operating margin (TTM), FY25 Q2: 8.4% Operating margin (TTM), FY25 Q3: 8.6% Operating margin (TTM), FY25 Q4: 8.0% Operating margin (TTM), FY26 Q1: 8.5% Operating margin (TTM), FY26 Q2: 8.4% Operating margin (TTM), FY26 Q3: 7.8% Operating margin (TTM), FY26 Q4: 5.8% Operating margin (TTM), FY27 Q1: 4.9% 4.9%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period Operating margin (TTM)
FY24 Q2 7.5%
FY24 Q3 7.8%
FY24 Q4 8.2%
FY25 Q1 8.1%
FY25 Q2 8.4%
FY25 Q3 8.6%
FY25 Q4 8.0%
FY26 Q1 8.5%
FY26 Q2 8.4%
FY26 Q3 7.8%
FY26 Q4 5.8%
FY27 Q1 4.9%
FCF margin (TTM) Universal Corp
-10% -5% 0% 5% 10% 15% FY24 Q2 FY25 Q1 FY25 Q4 FY27 Q1 FCF margin (TTM), FY24 Q2: 10.9% FCF margin (TTM), FY24 Q3: 2.4% FCF margin (TTM), FY24 Q4: -5.2% FCF margin (TTM), FY25 Q1: -3.7% FCF margin (TTM), FY25 Q2: -7.1% FCF margin (TTM), FY25 Q3: 2.2% FCF margin (TTM), FY25 Q4: 9.0% FCF margin (TTM), FY26 Q1: 4.5% FCF margin (TTM), FY26 Q2: 5.3% FCF margin (TTM), FY26 Q3: 1.8% FCF margin (TTM), FY26 Q4: 2.8% FCF margin (TTM), FY27 Q1: 5.8% 5.8%

Source: SEC EDGAR filings. Retrieved October 26, 2026.

View chart data
Period FCF margin (TTM)
FY24 Q2 10.9%
FY24 Q3 2.4%
FY24 Q4 -5.2%
FY25 Q1 -3.7%
FY25 Q2 -7.1%
FY25 Q3 2.2%
FY25 Q4 9.0%
FY26 Q1 4.5%
FY26 Q2 5.3%
FY26 Q3 1.8%
FY26 Q4 2.8%
FY27 Q1 5.8%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 10-K, 10-K/A, 10-Q, 10-Q/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2026, from the 10-K

Each dollar Universal took in during FY2026, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $2.9B
  2. Cost of revenue $2.4B · 83.6%
  3. Gross profit $473M · 16.4%
  4. Selling, general and admin $301M · 10.4%
  5. Operating income $168M · 5.8%
  6. Income tax $46.7M · 1.6%
  7. Interest and other $89.2M · 3.1%
  8. Net income $32.6M · 1.1%
Where Universal's revenue went, FY2026
Revenue $2.9B
Cost of revenue $2.4B 83.6% of revenue
Gross profit $473M 16.4% of revenue
Selling, general and admin $301M 10.4% of revenue
Operating income $168M 5.8% of revenue
Income tax $46.7M 1.6% of revenue
Interest and other $89.2M 3.1% of revenue
Net income $32.6M 1.1% of revenue

Shares of revenue. Source: Universal's 10-K for FY2026, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Universal Corp: annual financial statements
Fiscal year 2010 Mar 2010 2011 Mar 2011 2012 Mar 2012 2013 Mar 2013 2014 Mar 2014 2015 Mar 2015 2016 Mar 2016 2017 Mar 2017 2018 Mar 2018 2019 Mar 2019 2020 Mar 2020 2021 Mar 2021 2022 Mar 2022 2023 Mar 2023 2024 Mar 2024 2025 Mar 2025 2026 Mar 2026 LTM Jun 2026
Income
Revenue 2,492 2,572 2,447 2,462 2,542 2,272 2,120 2,047 2,019 2,213 1,892 1,965 2,091 2,550 2,722 2,923 2,885 2,813
Gross profit — 508 472 462 433 410 407 371 357 393 339 368 396 438 509 524 473 439
EBITDA 301 300 224 268 285 205 219 214 206 198 165 193 213 238 280 293 222 190
Operating income 257 255 180 223 246 168 182 178 171 161 126 148 160 181 222 233 168 137
Net income 168 157 92 133 149 115 109 106 106 104 72 87 87 124 120 95 33 19
Diluted EPS $5.68 $5.42 $3.25 $4.66 $5.25 $4.06 $3.92 $0.88 $4.14 $4.11 $2.86 $3.53 $3.47 $4.97 $4.78 $3.78 $1.30 $0.76
Growth (year on year)
Revenue −2.5% +3.2% −4.8% +0.6% +3.3% −10.6% −6.7% −3.4% −1.4% +9.6% −14.5% +3.9% +6.4% +21.9% +6.7% +7.4% −1.3% −3.6%
EBITDA +19.9% −0.3% −25.2% +19.6% +6.3% −28.0% +6.9% −2.2% −4.0% −3.6% −16.9% +16.9% +10.5% +12.0% +17.6% +4.4% −24.2% −38.5%
Operating income +22.5% −1.0% −29.2% +23.7% +10.4% −31.8% +8.2% −1.8% −4.2% −5.7% −21.6% +17.0% +8.5% +12.9% +22.6% +4.9% −27.6% −45.1%
Net income +27.8% −7.0% −41.2% +44.2% +12.2% −23.1% −4.9% −2.5% −0.6% −1.5% −31.2% +21.9% −1.0% +43.3% −3.6% −20.5% −65.7% −81.5%
Diluted EPS +31.5% −4.6% −40.0% +43.4% +12.7% −22.7% −3.4% −77.6% +370.5% −0.7% −30.4% +23.4% −1.7% +43.2% −3.8% −20.9% −65.6% −81.5%
Margins
Gross margin — 19.8% 19.3% 18.8% 17.0% 18.1% 19.2% 18.1% 17.7% 17.7% 17.9% 18.7% 19.0% 17.2% 18.7% 17.9% 16.4% 15.6%
EBITDA margin 12.1% 11.7% 9.2% 10.9% 11.2% 9.0% 10.3% 10.5% 10.2% 9.0% 8.7% 9.8% 10.2% 9.3% 10.3% 10.0% 7.7% 6.7%
Operating margin 10.3% 9.9% 7.4% 9.1% 9.7% 7.4% 8.6% 8.7% 8.5% 7.3% 6.7% 7.5% 7.7% 7.1% 8.2% 8.0% 5.8% 4.9%
Net margin 6.8% 6.1% 3.8% 5.4% 5.9% 5.0% 5.1% 5.2% 5.2% 4.7% 3.8% 4.4% 4.1% 4.9% 4.4% 3.3% 1.1% 0.7%
Free-cash-flow margin 4.2% 0.6% 6.6% 8.3% −1.9% 7.4% 6.6% 10.5% 2.3% 5.7% −1.3% 7.8% −0.4% −2.6% −5.2% 9.0% 2.8% 5.8%
Cash flow
Cash from operations 162 54 200 234 −4 227 187 250 81 165 11 220 45 −11 −75 327 129 217
Capital spending 58 39 38 31 46 58 47 36 34 39 35 66 53 55 66 63 49 53
Free cash flow 105 15 162 204 −49 169 139 215 47 126 −24 154 −8 −65 −141 264 80 164
Stock-based pay 6 6 6 6 6 6 5 6 8 8 6 6 6 8 12 9 7 5
Free cash flow after stock pay 99 9 156 198 −56 163 134 208 40 118 −30 148 −15 −74 −153 256 73 159
Balance sheet
Cash 246 141 262 368 164 249 319 284 234 298 107 197 82 65 56 260 62 174
Total debt 607 564 537 498 419 430 436 429 415 424 447 619 701 812 1,035 1,073 904 1,184
Net debt (negative = net cash) 361 423 275 130 256 181 117 145 181 126 339 422 620 748 979 813 842 1,010
Diluted shares 30m 29m 28m 28m 28m 28m 28m 24m 26m 25m 25m 25m 25m 25m 25m 25m 25m 25m
Returned to shareholders
Dividends 46 45 45 46 47 47 47 50 55 70 75 75 76 77 78 80 81 82
Buybacks 32 47 4 8 14 31 0 0 22 1 33 0 3 3 5 0 0 —
Total returned 78 92 49 54 61 79 47 50 76 71 109 75 79 81 83 80 81 82

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

2 of 7 checks passed · June 30, 2026
What it owns · $3.0bn
Short-term assets $2.2bnLonger-term assets $796m
What it owes, and who funded it · $3.0bn
Short-term liabilities $871mLonger-term liabilities $742mShareholders' equity $1.4bn
  • Short-term assets cover short-term liabilities $2.2bn of assets due within a year against $871m of liabilities due within a year.
  • Short-term assets cover long-term liabilities $2.2bn short-term assets against $742m of longer-dated liabilities.
  • More cash than debt $174m of cash against $1.2bn of debt.
  • Debt below 40% of shareholders' equity Debt is 85% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 39% to 85% over five years.
  • A year's operating cash flow covers at least 20% of debt $217m of operating cash flow against $1.2bn of debt.
  • Operating profit covers interest at least five times over Operating income of $137m against $73m of interest.

From Universal Corp's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

Dividends (TTM)
$81.7M
Buybacks, last 3 fiscal years
$4.7M
Diluted share count
+0.1%
year over year
Total shareholder yield
8.1%
dividends 8.1% + buybacks 0.0% of market value
Dividend payout ratio
427%
of net income paid out
Sales & admin spending
10.7%
of revenue
Days sales outstanding
45 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in tobacco
Growth, margins and cash generation against peers
Last 12 months unless stated UVV RLX TPB MO BTI PM Median
Revenue, last 12 months $2.8bn $551m $507m $23.5bn $33.8bn $43.1bn $2.8bn
Revenue growth, last 12 months −3.6% 44.2% 24.5% 0.5% 2.2% 7.9% 2.2%
Revenue growth, 3-year average 2.2% — 11.1% −1.5% — −9.1% −1.5%
Revenue growth, latest quarter −12.2% — 22.6% 1.0% — 5.5% 1.0%
Gross margin 15.6% 29.9% 59.2% 63.3% — 67.7% 52.1%
Operating margin 4.9% 8.3% 14.8% 47.0% 39.0% 38.6% 14.8%
Operating margin, 3-year average 7.2% — 20.6% 47.0% 37.2% 36.9% 28.8%
Net margin 0.7% 23.3% 8.8% 34.5% 30.3% 24.8% 23.3%
Cash from operations / revenue 7.7% 27.9% 6.4% 40.1% 24.8% 35.1% 24.8%
Free-cash-flow margin 5.8% 24.9% 3.9% 38.6% 22.0% 31.5% 22.0%
Free-cash-flow margin, 3-year average 2.2% — 12.4% 37.7% 26.4% 27.9% 19.4%
Stock pay / revenue 0.2% 4.7% 1.8% — — — 3.3%
Change in share count 0.1% −5.0% 5.8% −0.8% −1.2% 0.1% 0.1%

Median of all 7 companies we cover in tobacco. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

7 tobacco companies
Measures ranked against peers
Measure Company Peer median Rank
Revenue growth Growth -3.6% 2.2% 6 of 7
Change in growth rate Growth -2.4pp -0.7pp 6 of 7
Gross margin Profitability 15.6% 59.2% 6 of 6
Operating margin Profitability 4.9% 14.8% 6 of 7
Net margin Profitability 0.7% 23.3% 6 of 7
Free-cash-flow margin Cash generation 5.8% 22.0% 5 of 7
Long-term debt as % of assets Balance sheet 20.3% 34.4% 2 of 6
Change in share count Balance sheet 0.1% 0.1% 4 of 6
Days sales outstanding Balance sheet 45 days 45 days 3 of 5

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Where the revenue comes from

Fiscal year to March 31, 2026
Products and services
Line of business Revenue YoY
Other $119M ▲ 61.8%
Other services $75.4M ▲ 11.8%

These categories overlap or exclude eliminations, so shares aren't shown.

From Universal Corp's 10-K filed June 1, 2026, as tagged in the filing. View filing. Indented rows are part of the line above; their share is of that line. In the bars, the faint bar behind is the year before.

Reported value
$1.1B
Institutions reporting
230
Shares held vs prior quarter
▲ 1.3%
Positions opened / closed
27 / 28

Top buyers and sellers, Q2 2026: 122 institutions bought and 100 sold ; the biggest buyer was Millennium Management LLC (+243K shares) and the biggest seller Barclays PLC (−222K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
Blackrock, Inc. $203M 3.9M 19.3% ▲ 2.3%
Vanguard Portfolio Management LLC $94.5M 1.8M 9.0% ▲ 3.9%
Dimensional Fund Advisors LP $92.1M 1.8M 8.7% ▼ 0.6%
State Street Corp $75.6M 1.4M 7.2% ▲ 3.6%
Vanguard Capital Management LLC $58.2M 1.1M 5.5% ▲ 4.5%
Invesco Ltd. $39.3M 753K 3.7% ▼ 9.0%
Geode Capital Management, LLC $33.8M 648K 3.2% ▲ 7.4%
Charles Schwab Investment Management Inc $22.2M 425K 2.1% ▼ 11.2%
Prudential Financial Inc $21M 402K 2.0% ▼ 1.9%
First Trust Advisors LP $20.4M 391K 1.9% ▲ 10.6%
Morgan Stanley $19.1M 366K 1.8% ▲ 0.5%
Barclays PLC $19M 365K 1.8% ▼ 37.8%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Universal Corp's complete shareholder register. Values are as reported by the filers ; 1 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Recent insider open-market transactions
Insider Date Trade Shares Price Value
Freeman Lennart R. Director August 10, 2026 Sell 1,782 $49.82 $88,779
Sledd Robert C Director June 3, 2026 Sell 2,845 $54.13 $154,000
Sledd Robert C Director February 26, 2026 Sell 1,000 $53.95 $53,950
Freeman Lennart R. Director February 19, 2026 Sell 3,746 $53.45 $200,224

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Trades by members of Congress

All 7 trades and filings

No trades in Universal Corp disclosed in the last 12 months; 7 earlier trades on record.

  • Virginia Foxx(R-NC 5):Sale (full), $15,001 - $50,000, traded July 14, 2022, filed August 5, 2022
  • Virginia Foxx(R-NC 5):Purchase, $50,001 - $100,000, traded July 5, 2022, filed August 5, 2022
  • Donna Shalala(FL):Sale (full), $1,001 - $15,000, traded April 16, 2019, filed April 27, 2020

Value ranges as filed; reports can arrive up to 45 days after a trade.

Earnings dates and SEC filings

Results announcements

Next expected around November 4, 2026 estimated from the company's past filing pattern, not announced

  • August 5, 2026
  • May 28, 2026
  • February 9, 2026
  • November 5, 2025
  • August 6, 2025
  • May 29, 2025

Recent SEC filings

Data status

When each part of this page on Universal Corp was last updated.

DataLast updatedSource
Share priceExchange closing prices
Financial statementsSEC 10-K and 10-Q filings
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Universal Corp in brief

What does Universal Corp do?
Universal Corp is a US-listed company in the tobacco industry. Its financial year ends in March.
What is Universal Corp's stock ticker?
Universal Corp trades under the ticker UVV on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Universal Corp's revenue, and how fast is it growing?
Over its most recent trailing twelve months, Universal Corp reported revenue of $2.8B, 3.6% lower than a year earlier, according to its SEC filings.
What is Universal Corp's free cash flow?
Universal Corp's free-cash-flow margin is 5.8% of revenue over the trailing twelve months, ranking 5 of the 7 tobacco companies we cover.
Who are Universal Corp's largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are Blackrock, Inc., Vanguard Portfolio Management LLC and Dimensional Fund Advisors LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
What is Universal Corp's market cap?
On November 2, 2026, Universal Corp's market capitalisation was about $1B, with a price-to-earnings ratio of 53.5 and net debt of $1B. Market figures come from third-party market data and may be delayed.
Does Universal Corp pay a dividend?
Yes: Universal Corp paid $81.7M in dividends over the trailing twelve months, a dividend yield of 8.07% and a payout ratio of 427.3%.
How much debt does Universal Corp have?
Universal Corp's debt-to-equity ratio is 85.2%, from its latest balance sheet (39.4% five years earlier). The financial health section below sets out its other solvency checks.
Who are Universal Corp's competitors?
In our Tobacco peer group, the companies closest to Universal Corp are RLX Technology Inc., Turning Point Brands, Inc., Altria, British American Tobacco P.l.c. and Philip Morris International. The side-by-side comparison below sets their revenue, margins and growth against Universal Corp's.
Are insiders buying or selling Universal Corp stock?
Over the last 12 months, Universal Corp's directors and officers reported 0 open-market purchases and 4 sales on Form 4. The insider trading page charts every trade.
When is Universal Corp's next earnings date?
Around November 5, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Universal Corp announces its own schedule.