What is UTG Inc's earnings per share (EPS)?

UTG Inc (UTGN) reported diluted earnings per share of $5.42 for fiscal year 2025. This represents a -65.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

UTG Inc Financials

UTGN

Source SEC Filings (10-K/10-Q) Updated Mar 31, 2026 Currency USD FYE December

This page shows UTG Inc (UTGN) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 16 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 UTGN FY2025 2026-05-13

Balance-sheet-driven earnings dominate here, but operating cash has stayed negative despite repeated profit spikes.

Across FY2021-FY2025, operating cash flow was negative every year even though cumulative net income was about $113.7M; meanwhile equity rose to $232.2M and debt-to-equity improved from 2.1x to 1.1x. That combination means the business is building book value faster than cash, so its economics are showing up more through reported earnings than through internally generated liquidity.

With total assets at $491.4M against just $42.3M of revenue in FY2025, this is an asset-heavy model where sales alone do not explain performance. The better gauge is return on assets, and that fell from 10.5% in FY2024 to 3.5% in FY2025, showing earnings power can swing sharply without much change in asset size.

The expense base looks fairly fixed: SG&A stayed around $8.0M in FY2025 even after revenue dropped sharply from FY2024, which helps explain why profit margins compressed when activity cooled. At the same time, liabilities eased to $258.7M while equity kept rising, so the balance sheet is becoming less levered even in a weaker earnings year.

Financial Health Signals

Financial Profile 32/100

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 UTG Inc'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

UTG Inc's revenue declined 50.1% year-over-year, from $84.9M to $42.3M. This contraction results in a growth score of 78/100.

Leverage

UTG Inc carries a low D/E ratio of 1.11, meaning only $1.11 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 79/100, indicating a strong balance sheet with room for future borrowing.

Returns

UTG Inc's ROE of 7.3% shows moderate profitability relative to equity, earning a score of 35/100. This is down from 23.1% the prior year.

Piotroski F-Score Weak

2/9

UTG Inc passes 2 of 9 financial strength tests. 1 of 4 profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Low Quality

-0.38x

For every $1 of reported earnings, UTG Inc generates $-0.38 in operating cash flow (-$6.5M OCF vs $17.1M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.

Key Financial Metrics

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Earnings & Revenue

Revenue

$42.3M

YoY-50.1%

5Y CAGR+9.2%

10Y CAGR+3.9%

UTG Inc generated $42.3M in revenue in fiscal year 2025. This represents a decrease of 50.1% from the prior year.

EBITDA

N/A

Net Income

$17.1M

YoY-65.8%

5Y CAGR+52.2%

10Y CAGR+34.0%

UTG Inc reported $17.1M in net income in fiscal year 2025. This represents a decrease of 65.8% from the prior year.

EPS (Diluted)

$5.42

YoY-65.7%

5Y CAGR+52.8%

10Y CAGR+36.0%

UTG Inc earned $5.42 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 65.7% from the prior year.

Cash & Balance Sheet

Free Cash Flow

N/A

Cash & Debt

$30.5M

YoY-32.5%

5Y CAGR-4.8%

10Y CAGR+10.0%

UTG Inc held $30.5M in cash against $0 in long-term debt as of fiscal year 2025.

Dividends Per Share

N/A

Shares Outstanding

YoY-0.5%

5Y CAGR-0.2%

10Y CAGR-1.6%

UTG Inc had 3M shares outstanding in fiscal year 2025. This represents a decrease of 0.5% from the prior year.

Margins & Returns

Gross Margin

N/A

Operating Margin

N/A

Net Margin

40.3%

YoY-18.6pp

5Y CAGR+32.7pp

10Y CAGR+37.1pp

UTG Inc's net profit margin was 40.3% in fiscal year 2025, showing the share of revenue converted to profit. This is down 18.6 percentage points from the prior year.

Return on Equity

7.3%

YoY-15.8pp

5Y CAGR+5.8pp

10Y CAGR+6.1pp

UTG Inc's ROE was 7.3% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 15.8 percentage points from the prior year.

Capital Allocation

R&D Spending

N/A

Share Buybacks

$783K

YoY+20.8%

5Y CAGR-25.1%

10Y CAGR+20.6%

UTG Inc spent $783K on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 20.8% from the prior year.

Capital Expenditures

N/A

UTGN Income Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Revenue	$42.3M-50.1%	$84.9M+222.8%	$26.3M-62.3%	$69.7M+95.7%	$35.6M+30.7%	$27.3M
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	$8.0M+7.3%	$7.5M-5.4%	$7.9M+0.6%	$7.9M+15.2%	$6.8M-6.0%	$7.3M
Operating Income	N/A	N/A	N/A	N/A	N/A	N/A
Interest Expense	$0-100.0%	$12K-59.1%	$28K-73.9%	$109K+2583.8%	$4K	$0
Income Tax	$4.7M-64.0%	$13.1M+31142.3%	$42K-99.6%	$9.6M+362.5%	$2.1M+507.8%	$340K
Net Income	$17.1M-65.8%	$50.0M+1782.3%	$2.7M-92.2%	$34.3M+254.5%	$9.7M+362.7%	$2.1M
EPS (Diluted)	$5.42-65.7%	$15.80+1781.0%	$0.84-92.2%	$10.81+254.4%	$3.05+369.2%	$0.65

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Revenue	$36.5M	N/A	$17.3M+411.1%	$3.4M-84.5%	$21.9M+37.1%	$16.0M-60.5%	$40.4M+248.0%	$11.6M
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	$0	$0	$0	$0	$0	$0
Income Tax	$6.3M	N/A	$2.3M+627.6%	-$429K-111.3%	$3.8M+92.1%	$2.0M-72.7%	$7.2M+479.5%	$1.2M
Net Income	$23.4M	N/A	$10.3M+679.4%	-$1.8M-113.7%	$13.0M+62.3%	$8.0M-70.9%	$27.5M+415.0%	$5.3M
EPS (Diluted)	$7.42	N/A	$3.25+680.4%	$-0.56-113.7%	$4.10	N/A	$8.67+416.1%	$1.68

UTGN Balance Sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Total Assets	$491.4M+3.0%	$476.9M+8.0%	$441.7M-1.3%	$447.5M+2.1%	$438.5M+4.6%	$419.1M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$30.5M-32.5%	$45.3M+9.9%	$41.2M-9.1%	$45.3M+47.1%	$30.8M-21.1%	$39.0M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$258.7M-0.6%	$260.1M-7.1%	$280.0M-3.3%	$289.5M-2.6%	$297.2M+5.4%	$281.9M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$232.2M+7.3%	$216.4M+34.2%	$161.2M+2.3%	$157.6M+11.9%	$140.8M+3.0%	$136.7M
Retained Earnings	$198.4M+9.4%	$181.3M+38.1%	$131.3M-0.5%	$132.0M+35.1%	$97.7M+11.0%	$88.1M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Total Assets	$521.4M+6.1%	$491.4M-1.6%	$499.6M+2.3%	$488.4M-0.6%	$491.1M+3.0%	$476.9M+0.8%	$473.0M+8.3%	$436.7M
Current Assets	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Cash & Equivalents	$46.8M+53.2%	$30.5M-38.2%	$49.5M+28.8%	$38.4M+4.4%	$36.8M-18.8%	$45.3M+25.7%	$36.0M+1.4%	$35.5M
Inventory	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Accounts Receivable	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$264.8M+2.4%	$258.7M-3.0%	$266.7M+0.3%	$265.9M-0.4%	$267.1M+2.7%	$260.1M-2.9%	$267.9M+2.7%	$261.0M
Current Liabilities	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Long-Term Debt	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Equity	$256.1M+10.3%	$232.2M0.0%	$232.4M+4.7%	$222.0M-0.7%	$223.6M+3.3%	$216.4M+5.8%	$204.5M+16.7%	$175.2M
Retained Earnings	$221.9M+11.8%	$198.4M-1.7%	$201.9M+5.3%	$191.6M-1.4%	$194.3M+7.1%	$181.3M+3.4%	$175.4M+17.6%	$149.1M

UTGN Cash Flow Statement

Metric	FY25	FY24	FY23	FY22	FY21	FY20
Operating Cash Flow	-$6.5M-315.8%	-$1.6M+84.0%	-$9.8M-83.4%	-$5.3M+57.2%	-$12.5M+6.0%	-$13.2M
Capital Expenditures	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
Investing Cash Flow	-$6.9M-126.0%	$26.5M+283.9%	$6.9M-73.7%	$26.2M+245.1%	-$18.1M-167.1%	$26.9M
Financing Cash Flow	-$1.3M+93.7%	-$20.9M-1604.2%	-$1.2M+80.8%	-$6.4M-128.6%	$22.3M+747.5%	-$3.4M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$783K+20.8%	$648K-26.5%	$882K+28.6%	$686K+27.6%	$537K-83.8%	$3.3M

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
Operating Cash Flow	-$2.6M	N/A	-$107K+89.9%	-$1.1M+67.5%	-$3.3M-220.4%	-$1.0M-214.3%	$889K+54.7%	$575K
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	$19.8M	N/A	$11.7M+351.5%	$2.6M+151.5%	-$5.0M-144.4%	$11.3M+38180.2%	$30K+100.5%	-$5.5M
Financing Cash Flow	-$930K	N/A	-$491K-618.8%	$95K+141.3%	-$229K+78.2%	-$1.0M-159.4%	-$405K-12.6%	-$359K
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$196K	N/A	$316K+194.2%	$108K+12.0%	$96K-70.1%	$321K+192.2%	$110K+2.0%	$108K

UTGN 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	40.3%-18.6pp	58.9%+48.8pp	10.1%-39.0pp	49.1%+22.0pp	27.1%+19.5pp	7.7%
Return on Equity	7.3%-15.8pp	23.1%+21.5pp	1.7%-20.1pp	21.7%+14.9pp	6.9%+5.3pp	1.5%
Return on Assets	3.5%-7.0pp	10.5%+9.9pp	0.6%-7.0pp	7.6%+5.5pp	2.2%+1.7pp	0.5%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.11-0.1	1.20-0.5	1.74-0.1	1.84-0.3	2.11+0.0	2.06
FCF Margin	N/A	N/A	N/A	N/A	N/A	N/A

Metric	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24	Q2'24
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	64.2%	N/A	59.1%+111.2pp	-52.1%-111.3pp	59.1%+9.2pp	49.9%-18.0pp	67.9%+22.0pp	45.9%
Return on Equity	9.2%	N/A	4.4%+5.2pp	-0.8%-6.6pp	5.8%+2.1pp	3.7%-9.7pp	13.4%+10.4pp	3.0%
Return on Assets	4.5%	N/A	2.1%+2.4pp	-0.4%-3.0pp	2.6%+1.0pp	1.7%-4.1pp	5.8%+4.6pp	1.2%
Current Ratio	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Debt-to-Equity	1.03-0.1	1.11-0.0	1.15-0.1	1.200.0	1.190.0	1.20-0.1	1.31-0.2	1.49
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 UTG Inc's annual revenue?

UTG Inc (UTGN) reported $42.3M in total revenue for fiscal year 2025. This represents a -50.1% 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 UTG Inc's revenue growing?

UTG Inc (UTGN) revenue declined by 50.1% year-over-year, from $84.9M to $42.3M in fiscal year 2025.

Is UTG Inc profitable?

Yes, UTG Inc (UTGN) reported a net income of $17.1M in fiscal year 2025, with a net profit margin of 40.3%.

What is UTG Inc's net profit margin?

UTG Inc (UTGN) had a net profit margin of 40.3% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is UTG Inc's return on equity (ROE)?

UTG Inc (UTGN) has a return on equity of 7.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is UTG Inc's operating cash flow?

UTG Inc (UTGN) generated -$6.5M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are UTG Inc's total assets?

UTG Inc (UTGN) had $491.4M in total assets as of fiscal year 2025, including both current and long-term assets.

Does UTG Inc buy back shares?

Yes, UTG Inc (UTGN) spent $783K on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does UTG Inc have outstanding?

UTG Inc (UTGN) had 3M shares outstanding as of fiscal year 2025.

What is UTG Inc's debt-to-equity ratio?

UTG Inc (UTGN) had a debt-to-equity ratio of 1.11 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is UTG Inc's return on assets (ROA)?

UTG Inc (UTGN) had a return on assets of 3.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is UTG Inc's cash runway?

Based on fiscal year 2025 data, UTG Inc (UTGN) had $30.5M in cash against an annual operating cash burn of $6.5M. This gives an estimated cash runway of approximately 56 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.

What is UTG Inc's Piotroski F-Score?

UTG Inc (UTGN) has a Piotroski F-Score of 2 out of 9, indicating weak 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 UTG Inc's earnings high quality?

UTG Inc (UTGN) has an earnings quality ratio of -0.38x, considered low quality (accrual-driven). 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 UTG Inc?

UTG Inc (UTGN) scores 32 out of 100 on our Financial Profile, indicating weak 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.