Friday 23 October 2026 Export UMC’s income statement to Excel — free account

United Microelectronics Corporation

United Microelectronics Corporation’s revenue for fiscal 2025 (year ended December 2025) was $7.6 billion, up 6.89% from fiscal 2024. In the quarter to June 2026, revenue grew 14.1%, EPS grew 350.0%, free cash flow grew 67.8% and total debt fell 1.96%, each against the same quarter a year earlier.

18.52 1.30 −6.56%

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Market cap: $46.5B
P/E: 17.3×
Fwd P/E: 18.4×
Dividend yield: 2.23%
F-score: 5/9
Altman Z: 3.27
Beneish M: −2.91
Dividend safety: 35/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 526.43

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	—	—	—	—	—	—	1	1	—	2	—

Insider Ownership 0.00%

Capital & Financial Ratios $m

Market Cap 46,470.00

Revenue 8,011.71

Net Income 2,858.97

Free Cash Flow 1,874.05

Net Debt (3,138.91)

Current Ratio 2.17

Debt/Equity 0.11

P/E ratio 17.31

Fwd P/E 18.40

P/S ratio 5.77

P/B ratio 3.28

Past 5Y EPS Growth 11.82%

This Y EPS Growth 118.91%

Next Y EPS Growth (1.33%)

Next Y revenue growth 818.42%

Next 5Y EPS Growth 38.41%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 59.18%

10-year low 10-year high

P/S against its own 10 years 94.00%

10-year low 10-year high

P/B against its own 10 years 93.19%

10-year low 10-year high

EV/Sales against its own 10 years 94.00%

10-year low 10-year high

EV/FCF against its own 10 years 75.39%

10-year low 10-year high

Dividends

Payout Ratio 0.39

Annual Dividend Rate 0.41

Annual Dividend Yield 2.23%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	0.92	0.41
2025	0.65	0.48
2024	0.46	0.46
2023	0.58	0.58
2022	0.49	0.49
2021	0.29	0.29
2020	0.14	0.14
2019	0.09	0.09
2018	0.12	0.12
2017	0.08	0.08
2016	0.09	0.09

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	4,732	3,514	4,092	4,672
Receivables	1,059	1,070	1,077	1,281
Inventory	1,166	1,091	1,187	1,202
Other	123	109	172	46
	7,080	5,785	6,528	7,299

	2023	2024	2025	Q'26
Payables	246	233	292	287
ST’ Debt	442	260	268	89
Other	846	625	946	704
	3,328	2,360	2,854	3,370

Compound Annual Growth %

	10y	5y	3y
Sales	5.54%	3.76%	(5.84%)
Cash Flow	5.69%	6.34%	(12.47%)
Earnings	12.28%	9.58%	(23.83%)
Book Value	5.46%	7.98%	3.55%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,929	2,179	—	—	—
’25	1,759	1,910	1,975	1,929	7,573
’24	1,737	1,755	1,875	1,717	7,085
’23	1,783	1,835	1,803	1,845	7,268
’22	2,264	2,450	2,480	1,875	9,069
’21	1,677	1,822	2,007	2,173	7,679
’20	1,403	1,487	1,530	1,877	6,297

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	695	1,070	—	—	—
’25	724	768	741	950	3,183
’24	662	684	542	975	2,863
’23	887	440	562	919	2,809
’22	1,075	1,142	1,234	1,295	4,747
’21	651	831	798	976	3,257
’20	489	554	651	648	2,341

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	278	771	—	—	—
’25	285	459	315	511	1,570
’24	(269)	73	(150)	427	81
’23	(109)	(357)	57	158	(251)
’22	678	772	488	132	2,071
’21	368	496	160	439	1,464
’20	354	395	448	196	1,393

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.20	0.54	—	—	—
’25	0.09	0.12	0.20	0.13	0.53
’24	0.13	0.17	0.18	0.10	0.58
’23	0.22	0.20	0.20	0.17	0.80
’22	0.28	0.29	0.35	0.25	1.16
’21	0.15	0.18	0.26	0.18	0.83
’20	0.03	0.09	0.13	0.08	0.30

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	Trend	10 yrs	2026e	2027e	2028e	Next 3/yr
												Ten-year view		Analyst estimates Powerpack
Price, $
Price, $	Low	1.64	1.76	1.64	1.69	2.10	7.85	5.36	6.57	6.31	5.61		+14.6%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	High	2.14	2.73	3.14	2.81	9.40	12.68	11.95	8.97	9.00	8.33		+16.3%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
People
People	Employees	19,539	20,076	19,929	19,577	19,386	19,741	20,680	19,833	19,016	19,097		(0.3%)	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
	Revenue/emp, $m	0.23	0.25	0.25	0.25	0.32	0.39	0.44	0.37	0.37	0.40		+6.1%	‡‡‡‡	‡‡‡‡	‡‡‡‡	‡‡‡‡
Income, $m
Income, $m	Revenue	4,564	5,037	4,941	4,955	6,297	7,679	9,069	7,268	7,085	7,573		+5.8%	69,549	85,673	98,163	+134.9%
	Gross margin, %	20.54	18.12	15.10	14.38	22.05	33.82	45.12	34.94	32.57	29.01		+8.5 pt	Powerpack United Microelectronics Corporation’s next three years, line by line Analysts expect revenue to grow 134.9% a year to 2028 — faster than the 5.8% of the last 9 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	146	259	69	161	803	2,109	3,567	2,235	1,740	1,533		+29.9%
	EBT margin, %	3.19	5.14	1.40	3.24	12.75	27.46	39.33	30.76	24.56	20.24		+17.0 pt
	Net income	146	259	69	161	803	2,109	3,567	2,235	1,740	1,533		+29.9%
	Depreciation	1,601	1,742	1,573	1,515	1,599	1,550	1,302	1,235	1,443	1,841		+1.6%
Per share, $
Per share, $	Revenue	1.89	2.10	2.08	2.14	2.66	3.20	3.75	2.99	2.91	3.10		+5.7%
	Earnings	0.10	0.13	0.09	0.14	0.42	0.83	1.16	0.80	0.58	0.53		+20.4%
	Cash flow	0.59	0.74	0.70	0.79	0.99	1.36	1.96	1.16	1.18	1.30		+9.1%
	Capex	(1.19)	(0.64)	(0.28)	(0.27)	(0.40)	(0.75)	(1.11)	(1.26)	(1.14)	(0.66)		(6.3%)
	Free cash flow	(0.59)	0.10	0.42	0.52	0.59	0.61	0.86	(0.10)	0.03	0.64		n/m
	Book value	2.74	2.95	2.81	2.93	3.35	3.97	4.34	4.62	4.58	4.77		+6.3%
	Shares, m	2,420	2,399	2,378	2,313	2,370	2,401	2,419	2,428	2,435	2,445		+0.1%
Valuation, ×
Valuation, ×	P/E	17.80	17.43	21.64	20.62	25.09	15.08	5.65	10.48	11.19	14.56		16.0
	P/S	0.94	1.22	0.86	1.25	3.17	3.66	1.76	2.77	2.23	2.54		2.0
	P/B	0.65	0.84	0.64	0.91	2.51	2.95	1.52	1.79	1.42	1.65		1.5
	EV/Sales	1.10	1.25	0.84	1.01	2.84	3.19	1.27	2.38	2.01	2.22		1.8
	EV/FCF	(3.49)	(428.10)	4.11	4.14	12.82	16.72	5.54	(68.77)	176.20	10.72		(27.0)
Cash, $m
Cash, $m	Operating cash flow	1,434	1,770	1,664	1,836	2,341	3,257	4,747	2,809	2,863	3,183		+9.3%
	Capex	(2,872)	(1,532)	(661)	(632)	(948)	(1,793)	(2,675)	(3,060)	(2,782)	(1,613)		(6.2%)
	Free cash flow	(1,438)	239	1,003	1,203	1,393	1,464	2,071	(251)	81	1,570		n/m
Balance, $m
Balance, $m	Working capital	1,163	1,703	2,979	2,704	3,021	4,507	4,548	3,752	3,424	3,674		+13.6%
	Total debt	2,509	2,657	2,620	2,003	1,276	1,505	1,298	1,919	1,953	1,714		(4.1%)
	Net debt	709	(122)	(131)	(1,214)	(2,117)	(3,616)	(4,514)	(2,812)	(1,561)	(2,378)		n/m
	Shareholders’ equity	6,634	7,072	6,677	6,784	7,947	9,530	10,505	11,225	11,153	11,664		+6.5%
Returns, %
Returns, %	ROA	2.41	2.61	2.00	2.26	6.44	12.61	17.47	11.16	8.52	7.32		+4.9 pt
	ROIC	1.63	1.99	1.77	1.83	8.37	19.69	35.41	14.05	10.26	9.43		+7.8 pt
	ROE	3.94	4.76	3.65	4.05	11.05	21.14	29.07	17.94	13.30	11.28		+7.3 pt

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Earnings Trends EPS, adjusted, against the consensus

Jun 2026 Estimate 0.16 Actual 0.54

0.06 0.19 0.33 0.47 0.60

Sep 2025 Beat +0.08

Dec 2025 Beat +0.01

Mar 2026 Beat +0.08

Jun 2026 Beat +0.38

Sep 2026 — Oct 28

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Sep 2025	0.12	0.20	Beat by 0.08
Dec 2025	0.12	0.13	Beat by 0.01
Mar 2026	0.12	0.20	Beat by 0.08
Jun 2026	0.16	0.54	Beat by 0.38
Sep 2026	0.23	—	Reports 28 October 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ASX ASE Technology Holding Co., Ltd.	$83.0B	42.3×	34.9×	+23.62% (above 0%: growing)	+172.73% (above 0%: growing)	−338.02% (below 0%: shrinking)	21.01%	11.06%	Compare
NXPI NXP Semiconductors N.V.	$60.0B	20.3×	15.6×	+19.48% (above 0%: growing)	+72.73% (above 0%: growing)	+14.42% (above 0%: growing)	57.27%	30.64%	Compare
MPWR Monolithic Power Systems, Inc.	$57.4B	71.1×	53.5×	+47.56% (above 0%: growing)	+87.81% (above 0%: growing)	−61.46% (below 0%: shrinking)	55.18%	30.99%	Compare
UMC United Microelectronics Corporation	$46.5B	17.3×	18.4×	+14.10% (above 0%: growing)	+350.00% (above 0%: growing)	+67.75% (above 0%: growing)	32.48%	21.75%
ALAB Astera Labs, Inc.	$44.7B	119×	87.5×	+104.45% (above 0%: growing)	+187.10% (above 0%: growing)	−49.60% (below 0%: shrinking)	73.28%	22.74%	Compare
MCHP Microchip Technology Incorporated	$40.5B	111×	34.0×	+38.05% (above 0%: growing)	n/m	+93.09% (above 0%: growing)	63.24%	22.68%	Compare
STM STMicroelectronics N.V.	$39.4B	83.1×	40.1×	+26.07% (above 0%: growing)	n/m	+107.00% (above 0%: growing)	34.84%	5.36%	Compare
CRDO Credo Technology Group Holding Ltd.	$30.6B	55.5×	38.5×	+114.73% (above 0%: growing)	+89.19% (above 0%: growing)	+61.55% (above 0%: growing)	64.53%	25.20%	Compare
ON ON Semiconductor Corporation	$28.5B	46.3×	32.5×	+9.18% (above 0%: growing)	+41.46% (above 0%: growing)	+284.55% (above 0%: growing)	38.43%	16.13%	Compare
Median of peers	$42.6B	63.3×	36.7×	+32.06%	+88.50%	+37.99%	56.22%	22.71%

All 68 Semiconductors stocks →