Forensic Analysis · Technology / Software · as of Jun 28, 2026
UNISYS CORP (UIS)
A forensic read on UNISYS CORP built from its complete SEC filings — financial-health screens, earnings quality, red flags and a price-aware rating. Reproducible math, not opinion.
F · Poor — capital at risk
Forensic grade
Distress
Financial health
-3.0
Altman Z-score
Clean
Earnings quality
3
Forensic signals
-1533.1%
ROE
$262M
Market cap
UNISYS CORP earns a F (Poor — capital at risk) forensic quality grade, and its Altman Z-score is -3.0, placing it in the Distress zone. 3 forensic signals were flagged in its latest SEC filings, led by share-count dilution.
What the filings flag
+1.6%/yrShare-count dilution.Diluted share count changed +5% over the last 3 years to FY2025 (+1.6%/yr). The count is GROWING — existing holders are being diluted. That's ~1.6% shaved off per-share growth every year — total profit has to grow that much just to keep earnings-per-share flat, and a stake held since FY2022 has been diluted ~5%.
8%Return on invested capital.Return on invested capital is 8% and rising from 4% — around its ~10% cost of capital, so growth is roughly value-neutral — watch the trend.
$94MGoodwill impairments.Took $94M of goodwill writedowns across 2 year(s) (FY2024 ($39M), FY2025 ($55M)). Writedowns mean past acquisitions underperformed what was paid for them — worth weighing on capital-allocation skill.
Key fundamentals
Net Margin-17.4%
Free Cash Flow$-170.0M
Latest Revenue$1.95B
Revenue Growth YoY-2.9%
Go deeper — free with an account
The forensic grade and screens above are free — no account needed. An account adds the full interactive deep-dive on UNISYS CORP:
🔒The written investment read — what the numbers mean, in plain English
🔒Ask anything about UIS's filings — AI Q&A across the 10-K, 10-Qs & 8-Ks
🔒Interactive valuation — reverse-DCF sliders, Monte Carlo & scenario stress
🔒Calibrated 12-month price forecast, with the math shown