United Microelec Financials

UMC

Source SEC Filings (10-K/10-Q) Updated Apr 30, 2026 Currency USD FYE April

This page shows United Microelec (UMC) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 9 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI UMC FY2024 2026-04-30

Operating cash stays resilient, but heavy capital spending keeps free cash flow thin despite an underleveraged balance sheet.

Most recently, operating cash flow was $2.9B while free cash flow was only $163M, because capital spending stayed near the prior year’s level. Compared with FY2022, net income has cooled to $1.5B, but the bigger story is that cash is still being produced and then recycled into the asset base instead of accumulating on the balance sheet.

The balance sheet is notably conservative, with just $176M of long-term debt against $3.2B of cash. Equity also remained above $11B, which means the company is funding operations and investment primarily with owner capital and internally generated cash rather than lenders.

The subtle shift in FY2024 is better short-term liquidity even with less cash: the current ratio improved to 2.5x as current liabilities fell faster than current assets. At the same time, returns on equity and assets continued to cool from FY2022’s peak, pointing to a business earning less from each dollar invested even before financing enters the picture.

Financial Health Signals

Financial Profile 45/100

Based on FY2025 annual data, averaged across the last 3 years for performance metrics (most-recent year weighted highest). How this score is calculated →

Health score ≠ stock price. This rates the quality of United Microelec's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Growth

United Microelec's revenue grew 6.9% year-over-year to $7.6B, a solid pace of expansion. This earns a growth score of 37/100.

Leverage

100

United Microelec carries a low D/E ratio of 0.01, meaning only $0.01 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 100/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

United Microelec's current ratio of 2.29 indicates adequate short-term liquidity, earning a score of 42/100. The company can meet its near-term obligations, though with limited headroom.

Cash Flow

United Microelec has a free cash flow margin of 21.9%, earning a moderate score of 53/100. The company generates positive cash flow after capital investments, but with room for improvement.

Returns

United Microelec's ROE of 11.0% shows moderate profitability relative to equity, earning a score of 40/100. This is down from 13.3% the prior year.

Piotroski F-Score Neutral

5/9

United Microelec passes 5 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

2.49x

For every $1 of reported earnings, United Microelec generates $2.49 in operating cash flow ($3.2B OCF vs $1.3B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Key Financial Metrics

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Earnings & Revenue

Revenue

$7.6B

YoY+6.9%

5Y CAGR+3.8%

United Microelec generated $7.6B in revenue in fiscal year 2025. This represents an increase of 6.9% from the prior year.

EBITDA

N/A

Net Income

$1.3B

YoY-13.7%

5Y CAGR+11.5%

United Microelec reported $1.3B in net income in fiscal year 2025. This represents a decrease of 13.7% from the prior year.

EPS (Diluted)

N/A

Cash & Balance Sheet

Free Cash Flow

$1.7B

YoY+922.4%

5Y CAGR+3.4%

United Microelec generated $1.7B in free cash flow in fiscal year 2025, representing cash available after capex. This represents an increase of 922.4% from the prior year.

Cash & Debt

$3.5B

YoY+10.2%

5Y CAGR+0.8%

United Microelec held $3.5B in cash against $171.4M in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

12.59B

YoY+0.2%

5Y CAGR+0.3%

United Microelec had 12.59B shares outstanding in fiscal year 2025. This represents an increase of 0.2% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

16.9%

YoY-4.0pp

5Y CAGR+5.1pp

United Microelec's net profit margin was 16.9% in fiscal year 2025, showing the share of revenue converted to profit. This is down 4.0 percentage points from the prior year.

Return on Equity

11.0%

YoY-2.3pp

5Y CAGR+1.6pp

United Microelec's ROE was 11.0% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 2.3 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

N/A

Capital Expenditures

$1.5B

YoY-43.6%

5Y CAGR+10.2%

United Microelec invested $1.5B in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 43.6% from the prior year.

UMC Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$7.6B+6.9%	$7.1B-2.5%	$7.3B-19.9%	$9.1B+18.1%	$7.7B+21.9%	$6.3B
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	$251.9M-1.3%	$255.3M-6.0%	$271.4M-56.8%	$628.9M+120.3%	$285.4M+374.0%	$60.2M
Net Income	$1.3B-13.7%	$1.5B-24.4%	$2.0B-33.2%	$2.9B+61.2%	$1.8B+145.5%	$742.6M
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Income Tax	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Income	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EPS (Diluted)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

UMC Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$18.1B+5.9%	$17.1B-4.3%	$17.9B+4.6%	$17.1B+5.0%	$16.3B+24.6%	$13.1B
Current Assets	$6.5B+12.9%	$5.8B-18.3%	$7.1B-13.8%	$8.2B-2.3%	$8.4B+43.7%	$5.9B
Cash & Equivalents	$3.5B+10.2%	$3.2B-20.8%	$4.0B-28.8%	$5.7B+31.5%	$4.3B+27.3%	$3.4B
Inventory	$1.2B+8.8%	$1.1B-6.4%	$1.2B+15.4%	$1.0B+21.9%	$829.5M+3.3%	$803.2M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$151.2M+19.3%	$126.7M-11.3%	$142.8M+2.6%	$139.1M+5.9%	$131.4M-24.4%	$173.7M
Total Liabilities	$6.4B+8.2%	$5.9B-10.5%	$6.6B+0.9%	$6.6B-2.3%	$6.7B+31.8%	$5.1B
Current Liabilities	$2.9B+20.9%	$2.4B-29.1%	$3.3B-9.2%	$3.7B-6.1%	$3.9B+37.9%	$2.8B
Long-Term Debt	$171.4M-2.8%	$176.4M+10.7%	$159.3M-5.8%	$169.2M+4.1%	$162.6M-9.2%	$179.0M
Total Equity	$11.7B+4.6%	$11.2B-0.6%	$11.2B+6.9%	$10.5B+10.2%	$9.5B+19.9%	$7.9B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Total Assets	$17.1B-4.3%	$17.9B+4.6%	$17.1B+5.0%	$16.3B+24.6%	$13.1B+6.6%	$12.2B+3.4%	$11.8B-10.2%	$13.2B
Current Assets	$5.8B-18.3%	$7.1B-13.8%	$8.2B-2.3%	$8.4B+43.7%	$5.9B+13.8%	$5.1B+11.5%	$4.6B-1.8%	$4.7B
Cash & Equivalents	$3.2B-20.8%	$4.0B-28.8%	$5.7B+31.5%	$4.3B+27.3%	$3.4B-0.3%	$3.4B+21.6%	$2.8B+4.8%	$2.7B
Inventory	$1.1B-6.4%	$1.2B+15.4%	$1.0B+21.9%	$829.5M+3.3%	$803.2M+10.6%	$726.0M+22.1%	$594.7M-3.5%	$616.0M
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	$126.7M-11.3%	$142.8M+2.6%	$139.1M+5.9%	$131.4M-24.4%	$173.7M0.0%	$173.8M+77.8%	$97.7M-23.5%	$127.8M
Total Liabilities	$5.9B-10.5%	$6.6B+0.9%	$6.6B-2.3%	$6.7B+31.8%	$5.1B-6.5%	$5.5B+5.7%	$5.2B-15.6%	$6.1B
Current Liabilities	$2.4B-29.1%	$3.3B-9.2%	$3.7B-6.1%	$3.9B+37.9%	$2.8B+16.0%	$2.4B+49.3%	$1.6B-45.5%	$3.0B
Long-Term Debt	$176.4M+10.7%	$159.3M-5.8%	$169.2M+4.1%	$162.6M-9.2%	$179.0M-2.0%	$182.6M	N/A	N/A
Total Equity	$11.2B-0.6%	$11.2B+6.9%	$10.5B+10.2%	$9.5B+19.9%	$7.9B+17.1%	$6.8B+1.6%	$6.7B-5.6%	$7.1B
Retained Earnings	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

UMC Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	$3.2B+11.2%	$2.9B+1.9%	$2.8B-40.8%	$4.7B+45.7%	$3.3B+39.1%	$2.3B
Capital Expenditures	$1.5B-43.6%	$2.7B-9.6%	$3.0B+14.6%	$2.6B+50.6%	$1.7B+84.6%	$938.2M
Free Cash Flow	$1.7B+922.4%	$162.5M+190.9%	-$178.8M-108.4%	$2.1B+40.2%	$1.5B+8.7%	$1.4B
Investing Cash Flow	-$1.7B+35.4%	-$2.6B+17.9%	-$3.2B-80.3%	-$1.8B+21.0%	-$2.2B-56.9%	-$1.4B
Financing Cash Flow	-$1.2B-4.5%	-$1.2B-25.9%	-$949.9M+49.0%	-$1.9B-513.8%	$450.3M+149.4%	-$911.7M
Dividends Paid	N/A	N/A	N/A	N/A	$716.3M+106.0%	$347.8M
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Operating Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Capital Expenditures	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Free Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Investing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Financing Cash Flow	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

UMC Financial Ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	16.9%-4.0pp	20.9%-6.1pp	27.0%-5.4pp	32.4%+8.7pp	23.7%+11.9pp	11.8%
Return on Equity	11.0%-2.3pp	13.3%-4.2pp	17.5%-10.5pp	28.0%+8.8pp	19.1%+9.8pp	9.3%
Return on Assets	7.1%-1.6pp	8.7%-2.3pp	11.0%-6.2pp	17.2%+6.0pp	11.2%+5.5pp	5.7%
Current Ratio	2.29-0.2	2.45+0.3	2.13-0.1	2.24+0.1	2.15+0.1	2.07
Debt-to-Equity	0.010.0	0.020.0	0.010.0	0.020.0	0.020.0	0.02
FCF Margin	21.9%+19.7pp	2.3%+4.8pp	-2.5%-26.1pp	23.6%+3.7pp	19.9%-2.4pp	22.3%

Metric	Q3'25	Q3'24	Q3'23	Q3'22	Q3'21	Q3'20	Q3'19	Q3'18
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Net Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Equity	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Return on Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Current Ratio	2.45+0.3	2.13-0.1	2.24+0.1	2.15+0.1	2.07-0.0	2.11-0.7	2.82+1.3	1.57
Debt-to-Equity	0.020.0	0.010.0	0.020.0	0.020.0	0.020.0	0.03-0.7	0.77-0.1	0.87
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A

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Frequently Asked Questions

What is United Microelec's annual revenue?

United Microelec (UMC) reported $7.6B in total revenue for fiscal year 2025. This represents a 6.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is United Microelec's revenue growing?

United Microelec (UMC) revenue grew by 6.9% year-over-year, from $7.1B to $7.6B in fiscal year 2025.

Is United Microelec profitable?

Yes, United Microelec (UMC) reported a net income of $1.3B in fiscal year 2025, with a net profit margin of 16.9%.

How much debt does United Microelec have?

As of fiscal year 2025, United Microelec (UMC) had $3.5B in cash and equivalents against $171.4M in long-term debt.

What is United Microelec's net profit margin?

United Microelec (UMC) had a net profit margin of 16.9% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is United Microelec's return on equity (ROE)?

United Microelec (UMC) has a return on equity of 11.0% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is United Microelec's free cash flow?

United Microelec (UMC) generated $1.7B in free cash flow during fiscal year 2025. This represents a 922.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is United Microelec's operating cash flow?

United Microelec (UMC) generated $3.2B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are United Microelec's total assets?

United Microelec (UMC) had $18.1B in total assets as of fiscal year 2025, including both current and long-term assets.

What are United Microelec's capital expenditures?

United Microelec (UMC) invested $1.5B in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does United Microelec have outstanding?

United Microelec (UMC) had 12.59B shares outstanding as of fiscal year 2025.

What is United Microelec's current ratio?

United Microelec (UMC) had a current ratio of 2.29 as of fiscal year 2025, which is generally considered healthy.

What is United Microelec's debt-to-equity ratio?

United Microelec (UMC) had a debt-to-equity ratio of 0.01 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is United Microelec's return on assets (ROA)?

United Microelec (UMC) had a return on assets of 7.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is United Microelec's Piotroski F-Score?

United Microelec (UMC) has a Piotroski F-Score of 5 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are United Microelec's earnings high quality?

United Microelec (UMC) has an earnings quality ratio of 2.49x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

How financially healthy is United Microelec?

United Microelec (UMC) scores 45 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.