Core News Facts
Centrus Energy, a Maryland-based refiner of raw uranium into usable nuclear fuel, is seeing a surge in demand driven by the rise of data centers and artificial intelligence (AI). The International Energy Agency (IEA) projects global data center power consumption will double by 2030, and Centrus anticipates a 40% increase in nuclear energy output over the next 30 years. To meet the goal of zero net emissions by 2050, the U.S. will need to triple its nuclear energy production, according to Centrus estimates.
Recently, Centrus’ revenue growth has accelerated, with a compound annual growth rate (CAGR) of 20.96% over the past three years. It currently has a gross profit margin of 31.78% and a net income margin of 25%, alongside a positive cash position of $1.63 billion in cash against $1.21 billion in debt. The company’s stock has risen 236.98% in the last 12 months, performing significantly better than the S&P 500.
