UEIC · Universal Electronics Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $368.29M | $394.88M | $420.46M | $542.75M | $601.60M | $614.68M |
| Cost of Revenue | $261.83M | $280.88M | $322.90M | $390.46M | $428.59M | $438.42M |
| Gross Profit | $106.46M | $113.99M | $97.56M | $152.29M | $173.02M | $176.26M |
| R&D | $26.27M | $29.72M | $31.28M | $32.45M | $30.92M | $31.45M |
| SG&A | $85.38M | $91.81M | $98.49M | $105.29M | $118.85M | $107.54M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $14.19M | $18.06M | $22.93M | $24.03M | $26.75M | $29.73M |
| Operating Income | ($6.40M) | ($15.30M) | ($85.30M) | $14.55M | $23.25M | $37.27M |
| Interest Expense | - | - | - | - | - | - |
| Income Tax | $6.64M | $5.43M | $5.98M | $10.99M | $10.78M | $5.33M |
| Net Income | ($18.60M) | ($24.03M) | ($98.24M) | $407.0K | $5.30M | $38.57M |
| EPS - Basic | ($1.41) | ($1.85) | ($7.64) | $0.03 | $0.39 | $2.78 |
| EPS - Diluted | ($1.41) | ($1.85) | ($7.64) | $0.03 | $0.39 | $2.72 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $32.31M | $26.78M | $42.75M | $66.74M | $60.81M | $57.15M |
| Accounts Receivable | $70.40M | $91.53M | $104.83M | $106.45M | $120.63M | $120.66M |
| Inventory | $77.79M | $79.36M | $88.27M | $140.18M | $134.47M | $120.43M |
| Accounts Payable | $48.95M | $72.03M | $57.03M | $71.37M | $92.71M | $83.23M |
| Current Assets | $205.12M | $242.49M | $258.85M | $338.04M | $337.15M | $326.84M |
| Total Assets | $274.00M | $323.35M | $355.87M | $504.16M | $510.35M | $510.29M |
| Current Liabilities | $119.31M | $158.29M | $161.15M | $216.47M | $216.79M | $179.51M |
| Long-term Debt | - | - | - | - | - | - |
| Total Liabilities | $127.81M | $170.25M | $176.95M | $235.76M | $234.40M | $196.99M |
| Stockholders' Equity | $146.18M | $153.10M | $178.92M | $268.41M | $275.95M | $313.30M |
| Retained Earnings | $189.83M | $208.43M | $232.46M | $330.70M | $330.29M | $324.99M |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $23.63M | $14.82M | $25.19M | $10.93M | $40.28M | $73.39M |
| Investing Cash Flow | ($6.75M) | ($8.43M) | ($13.88M) | ($21.21M) | ($17.04M) | ($23.73M) |
| Financing Cash Flow | ($16.66M) | ($19.76M) | ($34.78M) | $20.50M | ($22.03M) | ($65.96M) |
| CapEx | $3.88M | $4.57M | $8.12M | $14.01M | $12.59M | $16.86M |
| Free Cash Flow | $19.75M | $10.25M | $17.07M | ($3.08M) | $27.70M | $56.53M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 28.9% | 28.9% | 23.2% | 28.1% | 28.8% | 28.7% |
| Operating margin | -1.7% | -3.9% | -20.3% | 2.7% | 3.9% | 6.1% |
| EBITDA margin | 2.1% | 0.7% | -14.8% | 7.1% | 8.3% | 10.9% |
| Net margin | -5.1% | -6.1% | -23.4% | 0.1% | 0.9% | 6.3% |
| Free cash flow margin | 5.4% | 2.6% | 4.1% | -0.6% | 4.6% | 9.2% |
| FCF / Net income | -1.06 | -0.43 | -0.17 | -7.57 | 5.22 | 1.47 |
| R&D / Revenue | 7.1% | 7.5% | 7.4% | 6.0% | 5.1% | 5.1% |
| SG&A / Revenue | 23.2% | 23.3% | 23.4% | 19.4% | 19.8% | 17.5% |
| Effective tax rate | - | - | - | 96.4% | 67.0% | 12.1% |
| Return on assets | -6.8% | -7.4% | -27.6% | 0.1% | 1.0% | 7.6% |
| Return on equity | -12.7% | -15.7% | -54.9% | 0.2% | 1.9% | 12.3% |
| Return on invested capital | - | - | - | - | - | - |
| Liquidity | ||||||
| Current ratio | 1.72 | 1.53 | 1.61 | 1.56 | 1.56 | 1.82 |
| Quick ratio | 1.07 | 1.03 | 1.06 | 0.91 | 0.93 | 1.15 |
| Cash ratio | 0.27 | 0.17 | 0.27 | 0.31 | 0.28 | 0.32 |
| Leverage | ||||||
| Debt / Equity | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - |
| Equity multiplier | 1.87 | 2.11 | 1.99 | 1.88 | 1.85 | 1.63 |
| Liabilities / Assets | 0.47 | 0.53 | 0.50 | 0.47 | 0.46 | 0.39 |
| Efficiency | ||||||
| Asset turnover | 1.34 | 1.22 | 1.18 | 1.08 | 1.18 | 1.20 |
| Inventory turnover | 3.37 | 3.54 | 3.66 | 2.79 | 3.19 | 3.64 |
| Days sales outstanding | 70d | 85d | 91d | 72d | 73d | 72d |
| Days inventory outstanding | 108d | 103d | 100d | 131d | 115d | 100d |
| Days payable outstanding | 68d | 94d | 64d | 67d | 79d | 69d |
| Cash conversion cycle | 110d | 94d | 126d | 136d | 109d | 103d |
| Valuation | ||||||
| P / E | - | - | - | 693.7x | 104.5x | 19.3x |
| P / B | 0.3x | 0.9x | 0.7x | 1.0x | 2.0x | 2.4x |
| P / S | 0.1x | 0.4x | 0.3x | 0.5x | 0.9x | 1.2x |
| EV / EBITDA | 2.0x | 41.9x | - | 5.2x | 10.0x | 10.2x |
| Growth | ||||||
| Revenue growth (YoY) | -6.7% | -6.1% | -22.5% | -9.8% | -2.1% | -18.4% |
| Revenue CAGR (3y) | -12.1% | -13.1% | -11.9% | -10.4% | -2.6% | -4.0% |
| Revenue CAGR (5y) | -9.7% | -12.1% | -8.4% | -4.8% | -1.6% | 0.4% |
| Gross profit growth (YoY) | -6.6% | 16.8% | -35.9% | -12.0% | -1.8% | 3.6% |
| Operating income growth (YoY) | 58.1% | 82.1% | - | -37.4% | -37.6% | 143.3% |
| Net income growth (YoY) | 22.6% | 75.5% | - | -92.3% | -86.3% | 962.6% |
| EPS growth (YoY) | 23.8% | 75.8% | - | -92.3% | -85.7% | 946.2% |
| EPS CAGR (3y) | - | - | - | -51.3% | -22.9% | - |
| EPS CAGR (5y) | - | - | - | - | -22.3% | 7.7% |
| FCF growth (YoY) | 92.7% | -40.0% | - | - | -51.0% | -11.6% |
| FCF CAGR (5y) | -19.0% | -30.7% | - | - | 25.5% | - |
| Book value growth (YoY) | -4.5% | -14.4% | -33.3% | -2.7% | -11.9% | 14.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$368.29M totalReportable Segment$368.29M · 100.0%
Product / service
$368.29M totalHome Entertainment$242.90M · 66.0%
Connected Home$125.38M · 34.0%
Geographic
$368.29M totalUS$110.56M · 30.0%
Europe$98.11M · 26.6%
Asia Excluding Peoples Republic Of China$81.19M · 22.0%
CN$32.46M · 8.8%
Latin America$24.14M · 6.6%
All Other Countries$21.83M · 5.9%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
2.56
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✗Net income positive
- ✓Operating cash flow positive
- ✓ROA improved YoY
- ✓Cash flow > net income
- -Long-term debt decreased
- ✓Current ratio improved
- ✗No share dilution
- ✓Gross margin improved
- ✓Asset turnover improved
Peer comparison
Same SIC group: Household Audio & Video Equipment
Comparing UNIVERSAL ELECTRONICS INC against the 5 most active filers in the same SIC group.