UVV UNIVERSAL CORP /VA/

Overview and Growth

In fiscal 2026, UNIVERSAL CORP /VA/ recorded $2.89B of revenue, net income of $32.64M, and an operating cash inflow of $129.10M. At $2.89B, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Revenue was 1.3% below fiscal 2025 revenue of $2.92B, marking a top-line contraction. On a per-share basis, diluted EPS was $1.30, which connects the reported earnings outcome with the company’s diluted share count. Against diluted EPS of $3.78 in fiscal 2025, the current result was 65.6% lower. The revenue-to-assets relationship was 1.04x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Gross profit was $472.62M, representing the portion of revenue remaining after the reported cost of revenue and before operating expenses. Gross margin was 16.4%, so that share of each revenue unit remained after the cost of revenue reported for the period. Operations produced $168.45M of income after the reported operating expense base, before the remaining non-operating and tax effects. Operating margin measured 5.8%, showing the portion of revenue preserved after the full set of operating costs. After all reported below-operating-line items, the company recorded net income of $32.64M for the fiscal year. Net margin was 1.1%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $102.65M of pretax income, the profit base against which the reported tax provision can be assessed. Measured against revenue, pretax income equaled 3.6%, adding a pre-tax profitability layer between revenue and net income. The company recognized $46.66M of income tax for the period, completing the transition from pretax income to net income. Relative to pretax income, the tax provision measured 45.5%, quantifying the portion of pre-tax earnings paid in income tax.

Liquidity and Capital Structure

Total assets were $2.77B, supported by $1.31B of liabilities and $1.46B of shareholder equity. Current assets were $1.97B against $564.24M of current liabilities, framing the resources and obligations classified within the near-term balance-sheet horizon. At 3.49x, the current ratio shows that short-term assets were greater than short-term liabilities at period end. Reported cash and equivalents were $62.18M, separating immediately recognizable cash resources from the rest of the current-asset base. The cash balance equaled 11.0% of current liabilities, showing how much near-term coverage came from cash alone. The company carried $616.73M of total debt at period end, which frames its leverage and debt-service burden. The debt-to-equity relationship was 0.42x, showing how much debt the company carried for each unit of book equity. Debt represented 22.3% of total assets, placing borrowing in the context of the company’s full resource base. Relative to total assets, liabilities measured 47.2%, complementing the separate equity-based view of the company’s capital structure. The cash-to-assets relationship was 2.2%, comparing reported cash and equivalents with the full positive asset balance.

Cash Flow and Earnings Quality

Operating activities produced a cash inflow of $129.10M, giving the cash-flow counterpart to the accrual-based profit measures reported for the year. The operating-cash-flow-to-net-income relationship was 3.96x, comparing cash generated by operations with the bottom-line earnings result. The cash-flow statement records $48.83M of capital expenditures, the investment amount considered after operating cash generation. Relative to operating cash flow, capital expenditures measured 37.8%, connecting investment intensity with the company’s cash-generation base. The combination of operating cash flow and capital spending produced $80.27M of positive free cash flow for the period. The free-cash-flow margin was 2.8%, measuring cash remaining after capital spending against revenue. Measured against total assets, free cash flow represented 2.9%, showing the cash productivity of the company’s assets.

Based on the annual report for the fiscal year ending Mar 31, 2026. Analysis generated Oct 21, 2026.