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United Utilities Group PLC UU.L

GB · London Stock Exchange · XLON · stock · Utilities · website

United Utilities Group PLC statistics & valuation

Market cap£10.6B
P / E18.0×
P / S4.0×
P / B4.7×
Net margin22.4%
FCF margin-5.9%
Net debt£9.7B
Enterprise value USD$27.3B
Earnings yield EBIT/EV5.4%
Return on capital6.4%
Graham number -99.5%£7.63

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (£7.63); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
11.40% 6.50% 12.30% 22.40% 2023202420252026
Gross margin (%)
92.60% 93.50% 93.30% 93.90% 2023202420252026
Operating margin (%)
24.70% 24.90% 29.60% 42.10% 2023202420252026
Return on equity (%)
8.20% 6.20% 13.20% 26.20% 2023202420252026
Shares outstanding
742.9M 742.9M 742.9M 742.9M 2023202420252026
Net debt (£)
£8.08B £8.58B £9.11B £9.69B 2023202420252026
Share buybacks (£)
2023202420252026
Return on assets (%)
1.40% 0.80% 1.60% 3.20% 2023202420252026
Free cash flow margin (%)
5.20% -1.00% -3.70% -5.90% 2023202420252026
Debt / equity (×)
3.36× 4.85× 5.39× 5.12× 2023202420252026
EPS (£)
£0.30 £0.19 £0.39 £0.86 2023202420252026

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

United Utilities Group PLC trades at about 1658.5× earnings — below its 10-year norm (10-year range 1698.1×–5615.6×, median 3606.7×).

1658.5× 5615.6×

Shaded band = 10-year range (1698.1×–5615.6×); dot = today's 1658.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2026FY2025FY2024FY2023
Gross margin93.9%93.3%93.5%92.6%
Operating margin42.1%29.6%24.9%24.7%
Net margin22.4%12.3%6.5%11.4%
FCF margin-5.9%-3.7%-1.0%5.2%
Return on assets3.2%1.6%0.8%1.4%
Return on equity26.2%13.2%6.2%8.2%
Debt / equity5.01×5.12×4.52×3.27×
Current ratio2.551.941.601.20

Computed from company filings · GB · as of 2026-03-31. Figures in GBP. Facts plus Stocktoria's own computed scores — not investment advice.