Universal Corporation
Description
Universal Corporation engages in sourcing, processing, and supplying leaf tobacco and plant-based ingredients worldwide. It operates through two segments, Tobacco Operations, and Ingredients Operations. The Tobacco Operations segment is involved in procuring, processing, packing, storing, and shipping of flue-cured, burley, dark air-cured, and oriental leaf tobacco for manufacturers of consumer tobacco products, as well as provision of related services; providing specialty services, such as custom blending, chemical and physical testing of tobacco, service cutting, reconstituted leaf tobacco manufacturing, and just-in-time product delivery services; and liquid nicotine for tobacco products manufacturers, as well as recycled waste materials from tobacco production. The Ingredients Operations segment engages in the production of specialty plant-based ingredients, including fruits, vegetables, herbs, fruit and vegetable juices, concentrates, pomaces, ciders, purees, nutraceuticals, fruit fibers, seeds, seed powders, dehydrated products, botanical extracts, distillates, natural flavors, colors, and other value-added products for consumer-packaged goods manufacturers and retailers, as well as food, beverage, and flavor companies. The company was founded in 1886 and is headquartered in Richmond, Virginia.
About
CEO
Mr. Preston Douglas Wigner
Employees
10,800
Instrument type
Common Stock
Sector
Consumer Defensive
Industry
Tobacco
MIC code
XNYS
Address
9201 Forest Hill Avenue, Richmond, VA 23235, United States
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![Enlarged Chart]()
Oscillators
No data available
Summary
No data available
Moving Averages
No data available
Earnings
| Date | Estimate EPS | Actual EPS | Difference | % Surprise |
|---|---|---|---|---|
| Aug 5, 2025 | — | — | — | — |
| May 21, 2025 | — | — | — | — |
| Feb 5, 2025 | — | — | — | — |
| May 24, 2023 | — | 0.97 | — | — |
| Feb 8, 2023 | — | 1.67 | — | — |
Earnings estimate
| Number of analysts | — | — | — | — |
|---|---|---|---|---|
| Average estimate | — | — | — | — |
| Low estimate | — | — | — | — |
| High estimate | — | — | — | — |
| Last year EPS | — | — | — | — |
[stock_revenue_estimate]
Growth estimates
Current qtr
—
Next qtr.
—
Current year
—
Next year
—
Next 5 years (per annum)
—
Past 5 years (per annum)
—
Income statement
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Total reported revenue | 2.75B | 2.57B | 2.10B | 1.98B | 1.91B |
| Cost of revenue | 2.21B | 2.11B | 1.69B | 1.60B | 1.55B |
| Gross profit | 536.10M | 458.29M | 408.93M | 386.00M | 356.81M |
| Operating expense | |||||
| Research & development | — | — | — | — | — |
| Selling general and admin | 310.57M | 277.21M | 240.69M | 219.79M | 222.90M |
| Other operating expenses | — | — | — | — | — |
| Operating income | 225.53M | 181.07M | 168.24M | 166.21M | 133.91M |
| Non operating interest income | |||||
| Income | 4.50M | 6.02M | 917,000 | 325,000 | 1.58M |
| Expense | 66.27M | 49.30M | 27.75M | 24.95M | 19.85M |
| Other income expense | 317,000 | 4.17M | 857,000 | -15.86M | -2.35M |
| Pretax income | 164.08M | 141.97M | 142.27M | 125.73M | 113.29M |
| Tax provision | 31.11M | 11.73M | 38.66M | 29.41M | 35.29M |
| Net income | 132.97M | 130.24M | 103.60M | 96.31M | 78.00M |
| Basic EPS | 4.81 | 5.01 | 3.50 | 3.55 | 2.87 |
| Diluted EPS | 4.78 | 4.97 | 3.47 | 3.53 | 2.86 |
| Basic average shares | 24.85M | 24.77M | 24.76M | 24.66M | 24.98M |
| Diluted average shares | 24.85M | 24.77M | 24.76M | 24.66M | 24.98M |
| EBITDA | 292.20M | 248.57M | 232.99M | 217.99M | 179.07M |
| Net income from continuing op. | 132.97M | 130.24M | 103.60M | 96.31M | 78.00M |
| Minority interests | -13.37M | -6.18M | -17.03M | -8.90M | -6.32M |
| Preferred stock dividends | — | — | — | — | — |
Balance sheet
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Fiscal date | 2024-03-31 | 2023-03-31 | 2022-03-31 | 2021-03-31 | 2020-03-31 |
| Total assets | 2.94B | 2.64B | 2.59B | 2.34B | 2.12B |
| Current assets | |||||
| Cash | — | — | — | — | — |
| Cash equivalents | — | — | — | — | — |
| Cash and cash equivalents | 55.59M | 64.69M | 81.65M | 197.22M | 107.43M |
| Other short term investments | — | — | — | — | — |
| Accounts receivable | 525.26M | 402.07M | 389.98M | 368.07M | 352.19M |
| Other receivables | — | — | — | — | — |
| Inventory | 1.26B | 1.04B | 1.02B | 786.62M | 806.57M |
| Prepaid assets | 158.55M | 187.29M | 142.93M | 136.65M | 145.92M |
| Restricted cash | — | — | — | — | — |
| Assets held for sale | — | — | — | — | — |
| Hedging assets | — | — | — | — | — |
| Other current assets | 93.66M | 99.84M | 116.78M | 66.81M | 67.50M |
| Non current assets | |||||
| Properties | 32.51M | 40.51M | 40.24M | 31.23M | 39.26M |
| Land and improvements | 26.24M | 24.93M | 23.96M | 22.40M | 21.38M |
| Machinery furniture equipment | 693.87M | 689.22M | 668.45M | 658.83M | 634.40M |
| Construction in progress | — | — | — | — | — |
| Leases | — | — | — | — | — |
| Accumulated depreciation | -678.20M | -674.12M | -641.23M | -616.15M | -597.11M |
| Goodwill | 496.62M | 507.95M | 520.57M | 418.41M | 271.51M |
| Investment properties | — | — | — | — | — |
| Financial assets | — | — | — | — | — |
| Intangible assets | 68.88M | 80.10M | 92.57M | 72.30M | 17.86M |
| Investments and advances | 76.29M | 76.18M | 81.01M | 84.22M | 77.54M |
| Other non current assets | 65.41M | 64.43M | 52.73M | 64.30M | 64.67M |
| Total liabilities | 1.46B | 1.20B | 1.20B | 993.50M | 831.64M |
| Current liabilities | |||||
| Accounts payable | 108.73M | 83.21M | 168.49M | 139.48M | 140.20M |
| Accrued expenses | 109.02M | 106.53M | 103.55M | — | — |
| Short term debt | 427.57M | 206.97M | 192.94M | 109.19M | 87.86M |
| Deferred revenue | 17.18M | 3.06M | 13.72M | 8.77M | 10.24M |
| Tax payable | 7.48M | 3.27M | 7.43M | 4.52M | 5.33M |
| Pensions | 39.77M | 33.11M | 27.28M | 29.92M | 23.71M |
| Other current liabilities | — | — | — | — | — |
| Non current liabilities | |||||
| Long term debt | 636.67M | 642.35M | 548.16M | 537.90M | 394.66M |
| Provision for risks and charges | — | — | — | — | — |
| Deferred liabilities | 39.14M | 42.61M | 47.33M | 44.99M | 29.47M |
| Derivative product liabilities | — | — | — | — | — |
| Other non current liabilities | 27.90M | 32.51M | 34.46M | 59.81M | 69.43M |
| Shareholders equity | |||||
| Common stock | 345.60M | 337.25M | 330.66M | 326.67M | 321.50M |
| Retained earnings | 1.17B | 1.14B | 1.09B | 1.09B | 1.08B |
| Other shareholders equity | -81.59M | -77.06M | -84.31M | -107.04M | -151.60M |
| Total shareholders equity | 1.48B | 1.44B | 1.38B | 1.35B | 1.29B |
| Additional paid in capital | — | — | — | — | — |
| Treasury stock | — | — | — | — | — |
| Minority interest | 41.72M | 39.86M | 44.23M | 41.13M | 42.62M |
Cash flow statement
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | |||||||||||||||||||||||||||||||||||
| Net Income | 132.97M | 130.24M | 103.60M | 96.31M | 78.00M | 110.13M | 116.17M | 112.51M | 118.15M | 120.46M | 155.16M | 140.92M | 100.82M | 164.55M | 170.35M | 132.56M | 119.30M | 44.35M | 7.94M | 96.01M | 110.59M | 106.66M | 112.67M | 113.81M | 127.30M | 141.30M | 100.90M | 71.40M | 25.60M | 38.60M | 80.20M | 70.70M | 24.00M | 37.10M | 54.00M |
| Depreciation | 58.33M | 57.30M | 52.52M | 44.73M | 38.38M | 37.10M | 34.84M | 35.91M | 36.75M | 35.39M | 38.90M | 45.12M | 43.87M | 45.27M | 43.50M | 41.79M | 43.24M | 48.31M | 50.31M | 56.21M | 53.50M | 54.99M | 56.40M | 52.02M | 52.80M | 51.10M | 51.60M | 12.80M | 11.40M | 44.90M | 32.80M | 29.20M | 25.80M | 27.10M | 25.60M |
| Deferred Taxes | -5.40M | -36.89M | -2.47M | -2.34M | -8.70M | 3.87M | -11.13M | 16.63M | 15.05M | -13.66M | -2.18M | 11.79M | 6.77M | -1.04M | 13.76M | 20.48M | 19.71M | -654,000 | -28.65M | -4.71M | -11.90M | 4.85M | -5.39M | -51.73M | 14.00M | 14.40M | 22.90M | -3.80M | 6.60M | -500,000 | 4.70M | 700,000 | -5.40M | 1.00M | 6.80M |
| Stock-Based Compensation | 12.06M | 8.42M | 6.19M | 6.11M | 5.63M | 8.15M | 7.61M | 6.48M | 5.21M | 6.23M | 6.28M | 6.17M | 5.99M | 5.89M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items | 1.25M | -6.25M | -4.00M | -5.12M | -6.70M | 6.46M | -8.18M | -2.12M | 12.20M | -15.13M | -72.62M | 2.94M | 52.88M | 16.44M | 24.05M | 35.08M | 24.76M | 61.30M | 95.18M | 2.32M | 23.85M | — | — | — | -100,000 | — | 7.90M | 49.50M | 35.80M | 18.20M | -2.80M | -5.70M | 4.00M | 8.10M | 2.60M |
| Accounts Receivable | -109.68M | -74.66M | -23.19M | -5.24M | 16.27M | -8.37M | 38.26M | -14.35M | -2.81M | 49.41M | -89.54M | -5.43M | -25.48M | -79.65M | 11.10M | -78.96M | -25.98M | -81.25M | -541,000 | -22.63M | -92.27M | 37.23M | 25.98M | -30.91M | 70.00M | -54.20M | -126.40M | -33.90M | 27.50M | -30.00M | -55.30M | 77.20M | -99.50M | 6.50M | -27.20M |
| Accounts Payable | 20.81M | -84.59M | 108.75M | 11.33M | — | -54.91M | 13.40M | 30.66M | -13.68M | -63.26M | -27.35M | 11.17M | -53.49M | -67.21M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities | -222.30M | -46.35M | -250.60M | 37.26M | -94.92M | 39.53M | -119.43M | 44.93M | -19.73M | 57.83M | -44.26M | 34.19M | 54.38M | -130.96M | -123.60M | -22.96M | -72.64M | 138.45M | -108.04M | -82.19M | -85.95M | -77.60M | -22.31M | 76.31M | 130.90M | -14.20M | -139.20M | -20.80M | 24.10M | -7.30M | 9.40M | -133.00M | 16.80M | -53.10M | -8.40M |
| Operating Cash Flow | -111.97M | -52.78M | -9.20M | 183.04M | 27.97M | 141.97M | 71.53M | 230.64M | 151.14M | 177.28M | -35.60M | 246.87M | 185.74M | -46.70M | 139.14M | 128.00M | 108.39M | 210.49M | 16.21M | 45.02M | -2.16M | 126.12M | 167.34M | 159.50M | 394.90M | 138.40M | -82.30M | 75.20M | 131.00M | 63.90M | 69.00M | 39.10M | -34.30M | 26.70M | 53.40M |
| Investing Activities | |||||||||||||||||||||||||||||||||||
| Capital Expenditures | -63.76M | -53.60M | -40.20M | -54.72M | -26.68M | -36.70M | -28.84M | -33.46M | -44.17M | -53.86M | -43.10M | -27.25M | -19.81M | -33.55M | -52.56M | -20.57M | -4.50M | -17.88M | -47.76M | -76.52M | -104.26M | -106.88M | -46.20M | -55.01M | -66.40M | -90.00M | -39.20M | -33.20M | -96.90M | -41.60M | -115.40M | -37.30M | -38.30M | -30.00M | -34.90M |
| Net Intangibles | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net Acquisitions | 3.76M | 3.25M | -102.46M | -161.75M | -80.18M | — | — | — | -5.96M | — | — | — | — | — | — | — | 26.56M | 385.55M | -14.34M | -2.28M | -71.87M | -13.35M | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Purchase of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -9.66M | -58.89M | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -50.50M | -63.00M |
| Sale of Investments | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 68.85M | — | — | — | — | — | — | — | 32.06M | — | 29.10M | — | — | — | — | — | — | — | 51.90M | 60.60M |
| Investing Cash Flow | -60.00M | -50.35M | -142.66M | -217.27M | -106.37M | -34.70M | -27.39M | -33.85M | -50.93M | -54.00M | -42.07M | -26.25M | -9.88M | 1.65M | -52.02M | 42.12M | -23.99M | 367.67M | -49.90M | -93.86M | -176.13M | -120.23M | -59.36M | -22.95M | -77.80M | -108.70M | -41.90M | -50.40M | -101.10M | -41.00M | -116.20M | -52.10M | -75.60M | -52.20M | -44.60M |
| Financing Activities | |||||||||||||||||||||||||||||||||||
| Long-Term Debt Issuance | — | 123.48M | — | 150.00M | — | 41.15M | — | — | — | 370.00M | 175.00M | — | 100.00M | — | 99.21M | — | — | — | — | 294.96M | 273.66M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Long-Term Debt Payments | — | -23.48M | — | — | — | -41.15M | — | — | — | -356.25M | -211.25M | -16.25M | -113.64M | -54.35M | -79.50M | — | -183.96M | — | — | -159.15M | -120.40M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Financing Charges | -14.18M | -4.92M | -16.56M | -12.83M | -9.44M | -6.50M | -10.18M | -6.64M | -7.39M | -8.69M | -2.85M | -1.96M | 9.75M | -100,000 | -1.30M | -104,000 | -981,000 | -1.07M | -3.71M | -4.30M | -3.65M | — | — | — | -100,000 | -7.50M | 200,000 | 5.50M | — | — | — | 1.10M | -200,000 | 1.60M | 300,000 |
| Financing Cash Flow | 125.68M | 38.95M | -16.76M | 91.39M | -94.15M | -65.79M | -104.65M | -251.24M | -64.65M | -87.02M | -158.08M | -101.96M | -84.71M | -200.90M | -79.04M | -111.99M | -260.68M | 9.26M | 149.22M | 234.37M | 206.00M | -78.00M | -61.06M | -142.06M | -131.70M | -68.90M | -39.90M | -29.70M | -34.10M | -44.20M | 42.70M | -24.50M | -26.10M | -37.90M | -23.40M |
| Other Cash Details | |||||||||||||||||||||||||||||||||||
| End Cash Position | 55.59M | 64.69M | 87.65M | 203.22M | 107.43M | 297.56M | 234.13M | 283.99M | 319.45M | 248.78M | 163.53M | 367.86M | 261.70M | 141.01M | 245.95M | 212.63M | 186.07M | 358.24M | 62.49M | 58.63M | 44.66M | 58.00M | 109.54M | 61.40M | 92.80M | 79.80M | 109.10M | — | — | — | — | — | — | — | — |
| Income Tax Paid | 38.08M | 49.07M | 33.01M | 36.44M | 30.98M | 44.86M | 58.34M | 37.29M | 38.73M | 46.04M | 65.51M | 35.91M | 51.63M | 79.72M | 82.93M | 40.18M | 48.83M | — | — | 67.20M | 62.59M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Interest Paid | 61.08M | 49.88M | 27.11M | 24.20M | 19.38M | 16.46M | 15.62M | 16.28M | 15.70M | 19.18M | 25.12M | 22.03M | 20.46M | 23.62M | 24.96M | 35.46M | 43.61M | — | — | 58.64M | 45.81M | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | -140.65M | -65.23M | -8.32M | 154.26M | -24.33M | 125.76M | 47.21M | 214.69M | 139.38M | 169.00M | -49.35M | 203.68M | 161.61M | 15.09M | 104.66M | 63.41M | 69.36M | 271.23M | 326,000 | -165.85M | -160.25M | 59.59M | 100.05M | 117.00M | 263.20M | 36.70M | -60.30M | 112.20M | -41.20M | -18.50M | -57.60M | 4.70M | -36.50M | 22.00M | 56.30M |
Top Institutional Holders
| Holder | Date Reported | Shares | Value | % Held |
|---|---|---|---|---|
| iShares Core S&P Smallcap ETF | Nov 30, 2024 | 1,597,557 | 83.71M | 6.47% |
| First Tr Exchange Traded Fd-First Tr Value Line Dividend Index | Nov 30, 2024 | 796,059 | 41.71M | 3.22% |
| Vanguard Total Stock Market Index Fund | Sep 30, 2024 | 743,386 | 38.95M | 3.01% |
| iShares Russell 2000 ETF | Nov 30, 2024 | 688,145 | 36.06M | 2.79% |
| Invesco ETF Tr-Invesco Hi Yld Equity Div Achievers ETF | Nov 30, 2024 | 599,031 | 31.39M | 2.43% |
| Vanguard Small-Cap Index Fund | Sep 30, 2024 | 588,050 | 30.81M | 2.38% |
| DFA U.S. Small Cap Value Series | Oct 31, 2024 | 581,674 | 30.48M | 2.36% |
| Vanguard Small Cap Value Index Fund | Sep 30, 2024 | 397,538 | 20.83M | 1.61% |
| Vanguard Extended Market Index Fund | Sep 30, 2024 | 365,708 | 19.16M | 1.48% |
| SSgA SPDR ETFS Europe I-SPDR S&P Glbl Div Aristocrats UCITS ETF | Jul 31, 2024 | 289,164 | 15.15M | 1.17% |
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