Cameco Corporation

TSX:CCO Stock Report

Market Cap: CA$75.3b

Cameco Management

Management criteria checks 2/4

Cameco's CEO is Tim Gitzel, appointed in Jul 2011, has a tenure of 14.75 years. total yearly compensation is CA$10.96M, comprised of 11.6% salary and 88.4% bonuses, including company stock and options. directly owns 0.12% of the company’s shares, worth CA$92.01M. The average tenure of the management team and the board of directors is 0.6 years and 7.5 years respectively.

Key information

Tim Gitzel

Chief executive officer

CA$11.0m

Total compensation

CEO salary percentage11.64%
CEO tenure14.8yrs
CEO ownership0.1%
Management average tenureless than a year
Board average tenure7.5yrs

Recent management updates

Recent updates

Future U S Nuclear Spending And Supply Discipline Will Constrain Long Term Upside

Catalysts About Cameco Cameco produces and supplies uranium and related fuel services for nuclear power generation and holds a significant ownership stake in Westinghouse. What are the underlying business or industry changes driving this perspective?

Subdued Growth No Barrier To Cameco Corporation (TSE:CCO) With Shares Advancing 27%

Oct 30
Subdued Growth No Barrier To Cameco Corporation (TSE:CCO) With Shares Advancing 27%

Cameco Corporation's (TSE:CCO) P/S Is Still On The Mark Following 26% Share Price Bounce

Jul 01
Cameco Corporation's (TSE:CCO) P/S Is Still On The Mark Following 26% Share Price Bounce

Cameco Corporation's (TSE:CCO) Intrinsic Value Is Potentially 22% Below Its Share Price

Jun 21
Cameco Corporation's (TSE:CCO) Intrinsic Value Is Potentially 22% Below Its Share Price

After Leaping 30% Cameco Corporation (TSE:CCO) Shares Are Not Flying Under The Radar

May 08
After Leaping 30% Cameco Corporation (TSE:CCO) Shares Are Not Flying Under The Radar

Cameco (TSE:CCO) Has A Rock Solid Balance Sheet

Apr 26
Cameco (TSE:CCO) Has A Rock Solid Balance Sheet
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Nuclear Industry Growth Fuels Optimism For Enhanced Profitability And Revenue Potential

Increased long-term contract backlog and higher uranium prices suggest revenue growth potential from committed volumes.

CEO Compensation Analysis

How has Tim Gitzel's remuneration changed compared to Cameco's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2025CA$11mCA$1m

CA$590m

Sep 30 2025n/an/a

CA$526m

Jun 30 2025n/an/a

CA$534m

Mar 31 2025n/an/a

CA$249m

Dec 31 2024CA$8mCA$1m

CA$172m

Sep 30 2024n/an/a

CA$116m

Jun 30 2024n/an/a

CA$257m

Mar 31 2024n/an/a

CA$235m

Dec 31 2023CA$8mCA$1m

CA$361m

Sep 30 2023n/an/a

CA$265m

Jun 30 2023n/an/a

CA$98m

Mar 31 2023n/an/a

CA$168m

Dec 31 2022CA$7mCA$1m

CA$89m

Sep 30 2022n/an/a

CA$116m

Jun 30 2022n/an/a

CA$63m

Mar 31 2022n/an/a

-CA$57m

Dec 31 2021CA$7mCA$1m

-CA$103m

Sep 30 2021n/an/a

-CA$34m

Jun 30 2021n/an/a

-CA$23m

Mar 31 2021n/an/a

-CA$39m

Dec 31 2020CA$7mCA$1m

-CA$53m

Sep 30 2020n/an/a

-CA$5m

Jun 30 2020n/an/a

CA$43m

Mar 31 2020n/an/a

CA$73m

Dec 31 2019CA$7mCA$1m

CA$74m

Compensation vs Market: Tim's total compensation ($USD8.00M) is about average for companies of similar size in the Canadian market ($USD7.51M).

Compensation vs Earnings: Tim's compensation has increased by more than 20% in the past year.

CEO

Tim Gitzel (62 yo)

14.8yrs
Tenure
CA$10,955,770
Compensation

Mr. Timothy S. Gitzel, also known as Tim, has been the Chief Executive Officer at Cameco Corporation since July 1, 2011 and had been its President from May 14, 2010 to September 1, 2025. Mr. Gitzel serves...

Leadership Team

NamePositionTenureCompensationOwnership
Timothy Gitzel
CEO & Director14.8yrsCA$10.96m0.12%
CA$ 92.0m
Grant Isaac
President & COOless than a yearCA$5.86m0.020%
CA$ 15.1m
Heidi Shockey
Senior VP & CFOless than a yearCA$2.55m0.0056%
CA$ 4.2m
Rachelle Girard
Senior VP & Chief Corporate Officer1.8yrsCA$2.21m0.0017%
CA$ 1.3m
C. Bishop
Director of Technical Servicesno datano datano data
Cory Kos
Vice-President of Investor Relationsno datano data0.00032%
CA$ 240.9k
Ronald Mooney
Senior VP & Chief Legal Officerless than a yearno data0.0025%
CA$ 1.9m
Lisa Aitken
Senior VP & Chief Marketing Officerless than a yearno data0.0014%
CA$ 1.1m
Dominic Kieran
Global Managing Director for Cameco UK Ltd2.4yrsno datano data
Leah Hipperson
Manager of Treasury & Insuranceno datano data0.000010%
CA$ 7.5k
0.6yrs
Average Tenure

Experienced Management: CCO's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Timothy Gitzel
CEO & Director15.3yrsCA$10.96m0.12%
CA$ 92.0m
Peter Gerald Kukielski
Independent Directorless than a yearCA$196.68k0.0018%
CA$ 1.3m
Daniel Camus
Independent Director15.3yrsCA$338.00kno data
Kathryn Jackson
Independent Director9.3yrsCA$434.20kno data
Donald Kayne
Independent Director10.3yrsCA$338.00kno data
Vera Inkster
Independent Directorless than a yearCA$199.91k0.00034%
CA$ 256.0k
Catherine Gignac
Independent Chairman12.3yrsCA$536.00k0.0056%
CA$ 4.2m
Tammy Cook-Searson
Director2.6yrsCA$309.00kno data
Dominique Miniere
Independent Director2.6yrsCA$331.00kno data
Leontine van Leeuwen-Atkins
Independent Director5.7yrsCA$334.00kno data
7.5yrs
Average Tenure
65yo
Average Age

Experienced Board: CCO's board of directors are considered experienced (7.5 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/23 21:31
End of Day Share Price 2026/04/23 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Cameco Corporation is covered by 39 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Harriet LiAccountability Research Corporation
Michael KozakATB Cormark Historical (Cormark Securities)
Robert BrackettBernstein