Technology
Ultra Clean Holdings, Inc. (UCTT)
Data as of July 17, 2026
Environment story
Ultra Clean Holdings operates in semiconductor equipment and services with significant operational footprint across Asia Pacific, EMEA, and North America. The company discloses minimal direct environmental metrics in its 10-K filing. Scope 1 and Scope 2 emissions data are not disclosed, triggering a 15-point deduction. No net-zero target year is disclosed, resulting in a 15-point deduction. The company identifies risks related to natural disasters at facilities in seismically active areas (Hayward CA, Taiwan) and power outages, indicating awareness of climate-related operational vulnerabilities. No verified investments in decarbonization infrastructure are documented. No active environmental litigation or resource controversies (toxic waste, water consumption) are disclosed in the 10-K. The company's Fluid Solutions segment operates in Israel, an area with geopolitical instability that may impact supply chain sustainability. No greenwashing indicators detected; however, absence of Scope 3 disclosure for semiconductor manufacturing supply chains (typically 70%+ of operational footprint) caps environmental score at 60 per greenwashing protocol.
Criticisms on file
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No disclosed Scope 1, 2, or 3 emissions data; no net-zero commitment or climate targetSource: UCTT 10-K fiscal year 2025, Item 1A Risk Factors
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Conflict minerals sourcing uncertainty; Form SD filed May 30, 2024 indicates inability to determine whether conflict minerals finance armed groups in DRCSource: UCTT 10-K fiscal year 2025, Item 1A Risk Factors, Legal and Regulatory Risks section
Disclosed initiatives
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Facility Risk ManagementCompany acknowledges seismic and natural disaster risks at California and Taiwan facilities; maintains insurance policies (not comprehensive for all perils)Demonstrates awareness of climate/natural disaster operational exposure but limited proactive mitigation disclosed
Social story
Ultra Clean Holdings does not disclose CEO-to-median-worker pay ratio, workforce diversity percentages, turnover rates, or leadership diversity metrics in its 10-K filing. No union-suppression activities, strikes, or documented labor disputes are reported within the last 24 months. The company acknowledges dependence on highly skilled technology talent in competitive labor markets and indicates challenges attracting and retaining key personnel, particularly engineers. No supply-chain human-rights audit results, cobalt sourcing practices, or lithium mining oversight are disclosed. The company references conflict minerals disclosure requirements and acknowledges inability to verify conflict-free sourcing status as of May 2024. No formal diversity initiatives, supplier-diversity programs, or civil-rights audits are mentioned. The company does not disclose EEO-1 workforce composition or HRC Equality Index scores. No shareholder proposals related to social issues are referenced in the 10-K.
Criticisms on file
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No disclosed workforce diversity metrics or leadership diversity percentages; no DEI program documentationSource: UCTT 10-K fiscal year 2025 — absence of disclosure in Item 1A Risk Factors and general 10-K sections
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Conflict minerals disclosure: company unable to determine conflict-free status; ongoing due-diligence costs and reputational risk acknowledgedSource: UCTT 10-K fiscal year 2025, Item 1A Risk Factors, Legal and Regulatory Risks section
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Fluid Solutions operations in Israel; geopolitical conflict disrupting workforce availability, product shipment, and supplier access as of October 2025Source: UCTT 10-K fiscal year 2025, Item 1A Risk Factors, 'Business is subject to risks from natural disasters, infrastructure failures, and geopolitical conflicts'
Disclosed initiatives
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Talent RetentionCompany acknowledges competitive technology labor market and dependency on key executive and engineering personnel; identifies retention risks as material to business continuityRisk factor disclosure but no formal retention or diversity initiatives documented
Governance story
Ultra Clean Holdings does not disclose board independence percentage, board composition, or share structure details in the 10-K filing. No dual-class voting structure is explicitly mentioned, suggesting a single-class common stock arrangement; however, absence of explicit disclosure limits verification. Lobbying expenditures are not disclosed. The company incurred significant regulatory compliance costs responding to SEC subpoena related to material weaknesses in internal controls over financial reporting identified in 2022 and 2023 annual reports. The company recorded a $151.1 million goodwill impairment charge in Q2 2025 following market capitalization decline, indicating previous valuation challenges. No active antitrust proceedings are disclosed; however, the company acknowledges past SEC consent decrees through the auditor change context. No consumer-safety or financial-fraud proceedings are referenced. The company maintains restrictive covenants under credit agreements limiting acquisitions, debt incurrence, and other strategic actions. No shareholder litigation to block climate proposals is disclosed.
Criticisms on file
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Material weaknesses in internal controls over financial reporting identified in 2022 and 2023; SEC subpoena issued to investigate; remediation completed by end of 2024Source: UCTT 10-K fiscal year 2025, Item 1A Risk Factors, Operational Risks section: 'We may identify material weaknesses in our internal control over financial reporting'
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$151.1 million goodwill impairment charge recorded Q2 2025 ($77.6M Products segment, $73.5M Services segment) following market capitalization decline below net asset carrying valueSource: UCTT 10-K fiscal year 2025, Item 1A Risk Factors, Financial, Tax and Capital Markets Risks section
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No board independence percentage, diversity metrics, or share structure governance details disclosedSource: UCTT 10-K fiscal year 2025 — absence in proxy-relevant sections and Item 1A
Disclosed initiatives
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Internal Control RemediationCompany reports successful remediation of material weaknesses previously identified in 2024 annual report; ERP system implementation ongoingDemonstrates governance process improvement but prior control failures required SEC oversight
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Credit Agreement Compliance FrameworkRestrictive covenants governing debt, acquisitions, liens, affiliate transactions, and financial metrics (consolidated total gross leverage ratio, fixed charge coverage ratio)Enforces financial discipline but limits strategic flexibility
These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of Ultra Clean Holdings, Inc.. Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open Ultra Clean Holdings, Inc. in the app for interactive charts and portfolio building.
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