Ultra Clean Holdings, Inc. UCTT

Technology SIC 3674 - Semiconductors & Related Devices Nasdaq

Ultra Clean Holdings, Inc., ("UCT", the "Company" or "We") is a leading developer and supplier of critical subsystems, components, parts, and ultra-high purity cleaning and analytical services primarily for the semiconductor industry. UCT offers its customers an integrated outsourced solution for major subassemblies, improved design-to-delivery cycle times, design for manufacturability, prototyping and part and component manufacturing, as well as tool chamber parts cleaning and coating, and micro-contamination analytical services. We report results for two segments: Products and Services. Our Products segment primarily designs, engineers and manufactures production tools, components and parts, and modules and subsystems for the semiconductor and display capital equipment markets. Products include chemical delivery modules, frame assemblies, gas delivery systems, fluid delivery systems, precision robotics, process modules as well as other high-level assemblies. Our Services segment provides ultra-high purity parts cleaning, process tool part recoating, surface encapsulation and high sensitivity micro contamination analysis primarily for the semiconductor device makers and wafer fabrication equipment ("WFE") markets.

Last close 72.43 2026-09-04
Market cap $3.28B 2026-06-26 share count
52-week range 21.48 - 144.22

Valuation FY2025 figures against the last close

P/S1.6x
P/E
P/FCF214.3x
EV/EBITDA
Dividend yield
Diluted EPS-4.00

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $2.05B$2.10B$1.73B$2.37B$2.10B$1.40B$1.07B$1.10B$924.4M$562.8M
Cost of revenue $1.73B$1.74B$1.46B$1.91B$1.67B$1.11B$869.4M$920.7M$756.7M$476.0M
Gross profit $322.9M$356.3M$277.3M$465.0M$430.0M$291.8M$196.8M$175.8M$167.7M$86.8M
R&D $32.0M$28.3M$28.3M$28.5M$24.5M$14.8M$14.6M$13.3M$11.7M$9.9M
SG&A $186.0M$179.5M$162.0M$184.3M$171.6M$130.5M$129.9M$85.5M$52.8M$42.9M
Total operating expenses $430.3M$265.1M$242.1M$344.6M$244.3M$170.4M$166.9M$115.1M$78.2M$64.4M
Operating income -$107.4M$91.2M$35.2M$120.4M$185.7M$121.4M$29.9M$60.7M$89.5M$22.4M
Interest expense $38.3M$46.5M$48.8M$33.9M$24.2M$16.9M$25.6M$10.0M$2.2M
Pre-tax income -$145.7M$67.2M-$11.3M$88.3M$154.3M$99.7M$2.3M$52.3M$87.0M$18.9M
Income tax $25.9M$32.7M$10.9M$37.9M$27.9M$19.3M$10.0M$15.3M$11.9M$8.9M
Net income -$181.2M$23.7M-$31.1M$40.4M$119.5M$77.6M-$9.4M$36.6M$75.1M$10.1M
EPS, basic -4.000.53-0.700.892.751.93-0.240.952.250.31
EPS, diluted -4.000.52-0.700.882.691.89-0.240.942.190.30
Shares, diluted (wtd. avg.) $45.3M$45.3M$44.7M$45.7M$44$41$40$39$34$33.1M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $311.8M$313.9M$307.0M$358.8M$466.5M$200.3M$162.5M$144.1M$68.3M$52.5M
Receivables $208.8M$241.1M$180.8M$253.7M$250.1M$145.5M$112.7M$107.0M$90.2M$74.7M
Inventory $390.9M$381.0M$374.5M$443.9M$379.2M$180.4M$172.4M$186.1M$236.8M$103.9M
Total current assets $959.7M$970.1M$893.2M$1.10B$1.14B$545.1M$467.0M$462.9M$407.4M$237.4M
Property, plant and equipment $324.6M$325.9M$328.3M$279.6M$242.3M$159.2M$145.3M$143.5M$32.2M$18.9M
Goodwill $114.2M$265.3M$265.2M$248.8M$270.0M$171.1M$171.1M$150.2M$85.2M$85.2M
Other intangibles $156.8M$184.9M$215.3M$187.9M$245.7M$160.5M$180.3M$193.5M$31.6M$37.0M
Total assets $1.73B$1.92B$1.87B$1.96B$1.87B$1.10B$1.02B$965.5M$563.4M$380.7M
Accounts payable $194.9M$212.5M$192.9M$253.5M$332.9M$121.3M$133.1M$99.0M$173.5M$71.2M
Total current liabilities $300.7M$335.6M$310.0M$389.2M$469.1M$201.2M$210.6M$139.3M$207.3M$101.1M
Long-term debt $481.4M$499.7M$485.3M$565.4M$276.9M$301.9M
Total liabilities $944.9M$984.1M$970.5M$1.02B$1.13B$551.3M$566.8M$514.5M$263.1M$164.6M
Retained earnings $189.2M$370.4M$346.7M$377.8M$337.4M$217.9M$140.3M$149.7M$113.1M$38.0M
Total equity $711.0M$873.6M$897.2M$937.0M$892.7M$551.2M$452.5M$451.0M$300.3M$216.1M

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $65.6M$65.0M$135.9M$47.2M$211.6M$97.3M$121.0M$41.7M$48.9M$17.6M
Stock-based compensation $19.2M$17.4M$12.1M$19.1M$15.8M$12.7M$12.1M$10.3M$7.8M$5.7M
Capital expenditure $50.3M$63.5M$75.8M$100.1M$59.3M$36.4M$26.3M$26.1M$16.1M$7.3M
Investing cash flow -$47.0M-$63.5M-$119.7M-$96.2M-$404.8M-$29.8M-$49.2M-$345.9M-$16.1M-$7.3M
Financing cash flow -$21.2M$9.8M-$69.9M-$56.0M$460.8M-$31.1M-$53.4M$380.1M-$17.1M-$7.9M
Buybacks $3.4M$0$29.4M$12.1M$0$0$3.3M$3.3M$3.3M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001140361-26-016813.

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