UNIVERSAL CORP /VA/

Listed Company

UVVCIK 0000102037NYSELarge AcceleratedWholesale-Farm Product Raw MaterialsVirginiaFY ends Mar 31

Period

FY 2026

Revenue

$2.89B

Net Income

$32.64M

Total Assets

$2.77B

Equity

$1.42B

Shares Out

24.92M

Op. Cash Flow

$129.10M

Business

UNIVERSAL CORP /VA/ conducts business operations that are subject to general governmental regulation in the United States and foreign jurisdictions. Its primary activities described in the provided Item 1 text relate to compliance with governmental provisions, including matters concerning environmental protection. The Item 1 excerpt does not specify the company’s main products or services or identify distinct business segments or divisions. The company operates across the United States and in foreign jurisdictions; distribution channels and market specifics are not described in the provided text.

Summary from filing dated 2025-05-30

Financials

Consolidated Statement of Income

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31	Mar 31, 2024 2024-03-31
Sales and other operating revenues	2,924	2,947	2,749
Costs and expenses	—	—	—
Cost of goods sold	2,412	2,399	2,212
Selling, general and administrative expenses	301	305	311
Restructuring and impairment costs	2	11	4
Goodwill, Impairment Loss	41	0	0
Operating income	168	233	222
Equity in pretax earnings of unconsolidated affiliates	3	9	756,000
Pension settlement charge	0	14	0
Other non-operating income	3	3	3
Interest income	2	3	5
Interest expense	74	80	66
Income before income taxes	103	154	164
Income taxes	47	41	31
Net income	56	113	133
Less: net income attributable to noncontrolling interests in subsidiaries	23	18	13
Net income attributable to Universal Corporation	33	95	120
Earnings per share:	—	—	—
Basic	1.3	3.81	4.81
Diluted	1.3	3.78	4.78
Weighted average common shares outstanding:	—	—	—
Basic	25	25	25
Diluted	25	25	25

Consolidated Balance Sheet

As of · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31
ASSETS	—	—
Cash and cash equivalents	62	260
Accounts receivable, net	564	626
Advances to suppliers, net	177	169
Accounts receivable, unconsolidated affiliates	12	7
Inventories—at lower of cost or net realizable value:	—	—
Tobacco	832	806
Other Non-Tobacco Inventory	204	190
Prepaid income taxes	23	20
Other current assets	97	78
Total current assets	1,972	2,156
Property, plant and equipment	—	—
Land	26	26
Buildings	333	333
Machinery and equipment	760	724
Total property, plant and equipment	1,119	1,083
Less accumulated depreciation	746	710
Property, plant and equipment, net	373	373
Other assets	—	—
Operating lease right-of-use assets	37	34
Goodwill, net	173	214
Other intangibles, net	49	58
Investments in unconsolidated affiliates	82	79
Deferred income taxes	16	17
Pension asset	17	13
Other noncurrent assets	49	46
Total other assets	422	460
Total assets	2,767	2,990
LIABILITIES AND SHAREHOLDERS’ EQUITY	—	—
Current liabilities	—	—
Notes payable and overdrafts	288	455
Accounts payable	90	98
Accounts payable—unconsolidated affiliates	510,000	2
Customer advances and deposits	3	4
Accrued compensation	33	45
Income taxes payable	18	13
Current portion of operating lease liabilities	11	11
Accrued expenses and other current liabilities	121	123
Current portion of long-term debt	0	0
Total current liabilities	564	750
Long-term debt	617	618
Pensions and other postretirement benefits	35	35
Long-term operating lease liabilities	24	21
Other long-term liabilities	25	23
Deferred income taxes	40	42
Total liabilities	1,306	1,489
Shareholders’ equity	—	—
Series A Junior Participating Preferred Stock, no par value, 500,000 shares authorized, none issued or outstanding	0	0
Common stock, no par value, 100,000,000 shares authorized, 24,923,496 shares issued and outstanding (24,715,625 at March 31, 2025)	352	352
Retained earnings	1,137	1,187
Accumulated other comprehensive loss	−73	−80
Total Universal Corporation shareholders' equity	1,415	1,459
Noncontrolling interests in subsidiaries	46	42
Total shareholders' equity	1,461	1,501
Total liabilities and shareholders' equity	2,767	2,990

Consolidated Statement of Cash Flows

Year Ended · In millions, except per-share amounts

Concept	Mar 31, 2026 2026-03-31	Mar 31, 2025 2025-03-31	Mar 31, 2024 2024-03-31
CASH FLOWS FROM OPERATING ACTIVITIES:	—	—	—
Net income	56	113	133
Adjustments to reconcile net income to net cash provided by operating activities:	—	—	—
Depreciation and Amortization	53	60	58
Provision for losses (recoveries) on advances	6	2	14
Inventory write-downs	52	20	9
Stock-based compensation expense	7	9	12
Foreign currency remeasurement loss (gain), net	−7	−6	−5
Foreign currency exchange contracts	2	−916,000	365,000
Deferred income taxes	−961,000	1	−5
Equity in net income of unconsolidated affiliates, net of dividends	−245,000	3	1
Goodwill, Impairment Loss	41	0	0
Restructuring and impairment costs	2	11	4
Restructuring payments	3	2	1
Pension settlement	0	14	0
Other, net	−106,000	−1	−1
Changes in operating assets and liabilities, net:	—	—	—
Accounts receivable	−39	130	110
Inventories	90	−245	236
Other assets	21	−9	768,000
Accounts payable	−13	−9	21
Accrued expenses and other current liabilities	−5	−10	8
Income taxes	971,000	2	342,000
Customer advances and deposits	−707,000	−13	14
Net cash provided (used) by operating activities	129	327	−75
Cash Flows From Investing Activities:	—	—	—
Purchase of property, plant and equipment	49	63	66
Proceeds from sale of business, less cash of businesses sold	0	0	4
Proceeds from sale of property, plant and equipment	6	4	2
Net cash used by investing activities	−43	−59	−60
Cash Flows From Financing Activities:	—	—	—
Issuance (repayment) of short-term debt, net	−170	38	223
Issuance of long-term debt	89	0	0
Repayment of long-term debt	89	0	0
Dividends paid to noncontrolling interests in subsidiaries	19	18	11
Repurchase of common stock	0	0	5
Dividends paid on common stock	81	80	78
Proceeds from termination of interest rate swap agreements	−988,000	0	0
Debt issuance costs and other	−13	−4	−4
Net cash provided (used) by financing activities	−284	−63	126
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents	262,000	−399,000	−141,000
Net increase (decrease) in cash and cash equivalents	−198	205	−9
Cash, Restricted Cash and Cash Equivalents at End of Year	—	—	—
Cash, Restricted Cash and Cash Equivalents at End of Year	—	—	—
Supplemental information—cash paid for:	—	—	—
Interest	72	75	61
Income taxes, net of refunds	43	38	38

Filings

Filing historySign up free to browse every 10-K, 10-Q, 8-K, and proxy this filer has submitted to the SEC.Sign up free · Upgrade to Pro

Material Events

Material EventsTrack every 8-K filing and material event — AI-summarized, timelined, and alertable.Sign up free · Upgrade to Pro

Insiders

Insider ActivitySee executive buy/sell windows and insider trade activity over rolling 30/90/365-day windows.Sign up free · Upgrade to Pro

Institutional Holders

Institutional HoldersSee which funds hold this stock and track position changes quarter over quarter.Sign up free · Upgrade to Pro