UBS Group AG

Financial Services

$47.68

-0.21%

Market cap $146B

UBS is a global financial institution built around its core strength in wealth management, serving high and ultra-high-net-worth individuals. In Switzerland, it also operates as a traditional retail and commercial bank.

It is a $146B financial services company. Revenue grew 3.3% over the last year, and it keeps 16¢ of every dollar of sales as profit. It trades at 15.3× earnings.

$47.68

-0.21%

Market cap $146B

Website: ubs.com
Employees: 112 388
Sector: Financial Services

Share price · 3 years

$24.92 → $47.68+91.3%

price only — dividends excluded

Key facts · FY2025

Revenue: total sales; $49.6B
Profit: keeps 16¢ of every $1 sold; $7.77B
Free cash flow: cash left after running the business; $11.8B
Net debt: debt minus cash on hand; $357B
P/E: years of profit in the price; 15.3
EPS: earnings per share, FY2025; $2.36
Dividend: pays out 121% of profit · 29% of FCF; 2.34%
Shares: down 9% since 2021 — buybacks; 3.29B
Volatility: beta vs the market — under 1 swings less; 0.68

Revenue, last 5 years

52-week range

Low $36.41$47.68High $55.72

Today's price is 58% of the way from the year's low to its high.

Valuation vs own history

P/E

18.8×

30%

P/S

2.9×

13%

P/B

1.6×

FCF yield

8.1%

11%

Share of the last ~5 years that was pricier than today (unusually expensive vs its own history). Based on the daily valuation record.

Standing in Financial Services

Size$146Btop 10%
Revenue growth-5%top 95%
Net margin77%top 1%
Return on equity11%top 65%
P/E15.3×top 55%
Dividend yield2.34%top 43%

Ranked against 130 Financial Services companies with a full CV — for P/E, lower ranks higher.

Skills

Six independent scores, 0–100, built from reported numbers and valuation history. Click a row to see how it was scored.

Growth and Health lag behind.

Valuation60

P/E vs own history71th pct · 5/25
FCF yield8.1% · 25/25
P/S2.3x · 20/25
EV/EBITDAn/a · 10/25

Growth49

Revenue CAGR8.7% · 12/25
Net income CAGR1.0% · 6/25
EPS CAGR ~5Y3.5% · 6/25
Fwd implied growth36.1% · 25/25

Profitability62

ROIC1.7% · 5/25
ROE10.5% · 12/25
Net margin15.7% · 20/25
Operating margin81.4% · 25/25

Health40

Altman Z0.10 · 3/25
Current ration/a · 0/25
Interest coverageno interest expense · 25/25
Net cash / debtD/A 21% · 12/25

Quality60

Piotroski F6/9 · 15/25
Beneish M-2.49 · 20/25
FCF conversion151% · 25/25
Margin stabilityn/a · 0/25

Moat50

ROIC >12% yearsn/a · 0/25
Median gross marginn/a · 0/25
FCF-positive years5/5 yrs · 25/25
Worst-year net marginworst 10.6% · 25/25

How the scores work →

Experience

The company's career so far — founding, the IPO, landmark products and acquisitions, plus revenue milestones and insider buying.

FY2023Financial
Best year on record
$27.4B net income
FY2021Financial
Profitable every year on record
5 consecutive profitable years in our data
FY2021Financial
Revenue already above $10B
$35.5B in first reported year
FY2021Financial
Positive free cash flow every year since
5-year streak

Achievements

Verifiable track record, straight from the reported numbers.

#14 largest of 129 Financial Services companies by market cap

$10 000 invested in 2021 would be worth ~$28 827 today — price return only

$49.6B revenue in FY2025

Profitable 5 years in a row

Positive free cash flow 5 years in a row

112 388 employees

Strengths & watch-outs

What a bull and a bear would each point to. Both lists come from the reported numbers, not opinions.

Strengths

Strong cash conversion — FCF is 23.7% of revenue

Watch-outs

Altman Z-Score 0.10 — elevated financial-distress risk
Net debt would take ~30.3 years of free cash flow to repay
Net debt equals ~30.3 years of free cash flow

Qualifications

The basics a company should meet before you research it further. Each check uses the reported numbers.

9 of 11 checks passed

Revenue growing — the company sells more than a year ago+3.3% YoY
Profitable — makes more than it spends$7.77B FY2025
Profit growing — earnings are higher than last year+1.7% YoY
Generates cash — cash left after running and investing$11.8B FY2025
Debt under control — could handle its obligations~30.3y of cash flow to repay
Established company — not a micro-cap — lower blow-up risk$146B market cap
Not printing shares — share count not ballooning — you keep your slice-9.1% shares over ~5y
Proven track record — years of profitability behind it5/5 profitable years
Financially stable — balance sheet not near distressAltman Z 0.1 — distress
Pays a dividend — returns cash to shareholdersyield 2.34%
Valuation not extreme — price not wildly above earningsP/E 15.3

Peer comparisonUBS Group AG vs 6 largest financial services peers — cap, P/E, growth and margin side by sideOpen ▾

Company	Market cap	P/E	Revenue growth	Net margin	Profile
UBS this company	$146.0B	15.3	+3.3%	15.7%	Mixed
BRK.A Berkshire Hathaway Inc.	$1.1T	11.8	+3.9%	22.3%	Strong
BRK.B Berkshire Hathaway	$1.1T	11.8	+0.0%	18.0%	Strong
JPM JPMorgan Chase & Co.	$900.9B	13.4	+13.5%	32.6%	Strained
V VISA Inc.	$754.5B	32.8	+14.4%	50.8%	Solid
MA Mastercard Incorporated	$538.8B	33.1	+16.0%	46.3%	Solid
BAC Bank of America Corporation	$358.2B	11.2	+15.9%	27.8%	Strained

Head-to-head: UBS vs BRK.A · UBS vs BRK.B · UBS vs JPM

References

What covering analysts publish about the company — information only, not a recommendation.

Strong buy 6Buy 7Hold 9Sell 3

Appendix · Financial records

The full statements behind this CV, FY2021–FY2025. For readers who want to check the numbers.

Profit & lossRevenue $49.6B · net income $7.77B (FY2025)Open ▾

Profit & loss

Revenue and profit over the company's career — the income statement, visualised.

RevenueNet income

Revenue (FY2025)

$49.6B

YoY 3.3%

Net income (FY2025)

$7.77B

Margin 15.7%

Operating margin

81.4%

P/E ratio

15.3

Dividend yield

2.34%

Income statement — full detail

Figures in USD billions · EPS in USD

	2021	2022	2023	2024	2025
Revenue	35.5	34.2	39.6	48.0	49.6
Gross profit	—	—	—	—	—
Operating income (EBIT)	—	—	—	—	—
Net income	7.5	7.6	27.4	5.1	7.8
EPS (diluted)	2.06	2.25	8.30	1.52	2.36

Cash flowFree cash flow $11.8B · operating cash flow $14.2B (FY2025)Open ▾

Cash flow statement

Cash generated by the business and what is left after investment — year by year.

Operating cash flowFree cash flow

Free cash flow (FY2025)

$11.8B

Margin 23.7%

Operating cash flow (FY2025)

$14.2B

FY basis

FCF margin

23.7%

Cash flow statement — full detail

Figures in USD billions

	2021	2022	2023	2024	2025
Operating cash flow	23.3	33.3	18.4	34.8	14.2
Capital expenditure	-1.6	-1.7	-2.0	-2.4	-2.4
Free cash flow	21.7	31.6	16.3	32.4	11.8
FCF margin	61.1%	92.5%	41.3%	67.5%	23.7%

Balance sheetAssets $1.71T · net debt $357B (FY2025)Open ▾

Balance sheet

How the balance sheet is built — what it owns versus how it is financed.

Cash vs debt

Total debt $599B − cash $243B = net debt $357B

Cash on hand covers 40% of debt.

Altman Z-Score

0.10

Distress zone

Debt repayment

30.3 yrs

Years of free cash flow to clear net debt

ROE

10.5%

Profit per $1 of equity

Balance sheet — full detail

Figures in USD billions

	2021	2022	2023	2024	2025
Cash & equivalents	179.1	329.3	240.4	227.5	242.7
Total assets	1 104.4	1 716.9	1 565.0	1 617.4	1 707.3
Total liabilities	—	—	—	—	—
Total debt	377.6	656.6	551.3	533.5	599.2
Equity	57.2	86.2	85.6	90.5	89.4
Net debt	198.5	327.3	311.0	306.0	356.5

Want the live picture — intraday moves, valuation history and full analysis?

Deeper analysis of UBS on PreMarketPrice

Figures are derived from company filings (quarterly values normalised from as-filed year-to-date data where applicable) and may be delayed, restated or incomplete. This page is information, not investment advice. Latest price $47.68 · market cap $146B.