Centrus Energy Corp.

390.82+27.12 (+7.46%)

Oct 29, 4:00:00 PM EDT · NYSE American · LEU · USD

Upcoming Earnings

Report date

Nov 5, 2025 (in 6 days)

Key Stats

Market Cap

7.12B

P/E (TTM)

63.24

Basic EPS (TTM)

6.18

Dividend Yield

Recent Filings

8-K

Centrus inks MOU for enrichment expansion

8/26/25Aug 26, 2025

Centrus Energy signed a non-binding MOU on August 25, 2025, with KHNP and POSCO International to explore investments for expanding its Piketon, Ohio uranium enrichment plant, while boosting LEU supply volumes under an existing contract. This move, attended by U.S. and Korean officials, underscores demand for U.S. enrichment amid foreign dominance. Commitments hinge on federal funding. Risks include DOE decisions and geopolitical tensions.

8-K

CFO exits with severance package

8/22/25Aug 22, 2025

Centrus Energy Corp. finalized a separation agreement with departing CFO Kevin J. Harrill, paying him $608,344 in cash, a minimum $159,120 incentive, and one year of health premiums for a full claims release; he stays through August 29, 2025, to aid transition and gets 5,722 accelerated stock units. Board member Stephanie O'Sullivan resigned August 22, 2025, without disputes. Leadership shifts demand swift successor onboarding.

8-K

DOE grants full LEU waiver

8/19/25Aug 19, 2025

Centrus Energy Corp. secured a key waiver from the DOE on August 4, 2025, permitting imports of low enriched uranium from Russia for all committed U.S. customer deliveries through 2027. This resolves prior uncertainties from the 2024 Prohibiting Russian Imports Act application, where approvals covered only 2024-2025 initially. Deliveries proceed uninterrupted. The waiver stabilizes supply chains amid geopolitical restrictions.

8-K

Centrus issues $805M convertible notes

8/18/25Aug 18, 2025

Centrus Energy Corp. issued $805 million in 0% convertible senior notes due 2032 on August 18, 2025, netting $782.1 million for general corporate purposes. The notes, sold privately to qualified buyers, convert at an initial rate of 4.3551 shares per $1,000 principal—roughly $229.62 per share—and rank equally with existing unsecured debt like the 2.25% notes due 2030. No interest accrues unless triggered by specific events. Holders can force repurchase on fundamental changes.

8-K

Centrus prices $700M notes

8/14/25Aug 14, 2025

Centrus Energy priced an upsized $700 million private offering of 0% convertible senior notes due 2032 on August 13, 2025, with settlement expected August 18. The deal, oversubscribed from $650 million, includes an option for $105 million more, yielding ~$680 million net for general corporate purposes. Conversion starts at $229.62 per share, a 22.5% premium. Notes rank senior unsecured, yet junior to secured debt.

About

Centrus Energy Corp. supplies nuclear fuel components for the nuclear power industry in the United States, Belgium, Japan, the Netherlands, and internationally. The company operates in two segments, Low-Enriched Uranium (LEU) and Technical Solutions. The LEU segment sells separative work units (SWU) components of LEU; natural uranium hexafluoride, uranium concentrates, and uranium conversion; and enriched uranium products to utilities that operate nuclear power plants. The Technical Solutions segment offers technical, manufacturing, engineering, and operations services to public and private sector customers. The company was formerly known as USEC Inc. and changed its name to Centrus Energy Corp. in September 2014. Centrus Energy Corp. was incorporated in 1998 and is headquartered in Bethesda, Maryland.

CEO

Mr. Amir V. Vexler

IPO

7/23/1998

Website

https://www.centrusenergy.com

Employees

322

Sector

Energy

Industry

Uranium