United States Lime & Minerals, Inc. (USLM) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q1 26	$1.2	$1.06	-11.7%	—	$87.8M	—
Q4 25	$1.13	$1.06	-6.2%	—	$87.9M	—
Q3 25	$1.2	$1.35	+12.5%	—	$102M	—
Q2 25	$1.14	$1.07	-6.1%	—	$91.5M	—
Q1 23	—	$3	—	—	$66.8M	—
Q4 22	—	$1.9	—	—	$58.3M	—
Q3 22	—	$2.77	—	—	$66.5M	—
Q2 22	—	$1.8	—	—	$60.5M	—
Q1 22	—	$1.53	—	—	$50.9M	—
Q4 21	—	$1.34	—	—	$46.1M	—
Q3 21	—	$1.99	—	—	$52.3M	—
Q2 21	—	$1.96	—	—	$49.2M	—
Q1 21	—	$1.24	—	—	$41.7M	—
Q4 20	—	$1.52	—	—	$41M	—
Q3 20	—	$1.65	—	—	$43.7M	—
Q2 20	—	$1.08	—	—	$37.5M	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$4.69	—	—	$372.7M	—
FY24	—	$3.81	—	—	$317.7M	—
FY23	—	$2.62	—	—	$281.3M	—
FY22	—	$1.6	—	—	$236.2M

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$139.3M	$144.8M	$144.4M	$158.3M	$160.7M	$189.3M	$236.2M	$281.3M	$317.7M	$372.7M
YoY change	+6.45%	+3.99%	-0.28%	+9.58%	+1.53%	+17.8%	+24.8%	+19.1%	+12.9%	+17.3%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	139.3M	144.8M	144.4M	158.3M	160.7M	189.3M	236.2M	281.3M	317.7M	372.7M
Cost of revenue	106.2M	110.5M	113.9M	116.6M	113.1M	130M	165.8M	178.5M	173.7M	190.3M
Gross profit	33.1M	34.4M	30.5M	41.7M	47.6M	59.3M	70.3M	102.9M	144M	182.4M
Gross margin	23.8%	23.7%	21.1%	26.3%	29.6%	31.3%	29.8%	36.6%	45.3%	48.9%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	9.6M	10.2M	10.5M	11.5M	12.2M	12.8M	15.6M	17.4M	19.1M	24.2M
Operating expenses	9.6M	10.2M	10.5M	11.5M	12.2M	12.8M	15.6M	17.4M	19.1M	24.2M
Operating income	23.5M	24.2M	20M	30.2M	35.4M	46.4M	54.8M	85.4M	124.9M	157.9M
Operating margin	16.9%	16.7%	13.8%	19.1%	22%	24.5%	23.2%	30.4%	39.3%	42.4%
Non-operating income, net	384K	—	—	-930K	-1.6M	101K	1.8M	7.9M	11.5M	13.2M
Pretax income	23.6M	24.9M	21.6M	30.9M	34.1M	46.5M	56.6M	93.4M	136.4M	171M
Income tax	5.9M	-2.2M	1.9M	4.8M	5.8M	9.5M	11.1M	18.8M	27.5M	36.7M
Net income	17.8M	27.1M	19.7M	26.1M	28.2M	37M	45.4M	74.5M	108.8M	134.3M
Net margin	12.7%	18.7%	13.6%	16.5%	17.6%	19.6%	19.2%	26.5%	34.3%	36%
EBITDA	40M	41.7M	39.4M	49.7M	55.5M	67.3M	77M	109.2M	149.1M	183.1M
EPS	0.64	0.97	0.7	0.93	1	1.31	1.6	2.62	3.81	4.69
Diluted EPS	0.64	0.97	0.7	0.93	1	1.31	1.6	2.61	3.79	4.67

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	74.9M	65.7M	71.7M	76.5M	89.4M	80.1M	91.3M	91.5M	102M	87.9M	87.8M	99.1M
Cost of revenue	46.7M	42.1M	41.1M	41.7M	46.3M	44.6M	45.1M	49.6M	49.8M	45.8M	46.1M	52.4M
Gross profit	28.2M	23.6M	30.6M	34.8M	43.1M	35.4M	46.2M	41.9M	52.2M	42.2M	41.8M	46.7M
Gross margin	37.6%	35.9%	42.7%	45.5%	48.2%	44.3%	50.6%	45.8%	51.2%	48%	47.5%	47.1%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	4.4M	4.6M	4.8M	4.9M	5M	4.4M	6.3M	6.2M	5.9M	5.8M	6M	6.1M
Operating expenses	4.4M	4.6M	4.8M	4.9M	5M	4.4M	6.3M	6.2M	5.9M	5.8M	6M	6.1M
Operating income	23.8M	19M	25.8M	29.9M	38.1M	31.1M	39.9M	35.7M	46.3M	36M	35.8M	40.7M
Operating margin	31.8%	28.9%	35.9%	39.1%	42.6%	38.8%	43.7%	39%	45.3%	41%	40.7%	41%
Non-operating income, net	2.2M	2.4M	2.5M	2.8M	3.1M	3.1M	3.1M	3.1M	3.4M	3.6M	3.2M	3.4M
Pretax income	26M	21.4M	28.3M	32.7M	41.2M	34.2M	43M	38.8M	49.7M	39.6M	39M	44M
Income tax	5.3M	4.4M	5.9M	6.7M	7.8M	7.2M	8.9M	8M	10.9M	9M	8.4M	9.5M
Net income	20.7M	17M	22.4M	26.1M	33.4M	27M	34.1M	30.8M	38.8M	30.5M	30.6M	34.5M
Net margin	27.7%	25.9%	31.3%	34%	37.3%	33.7%	37.4%	33.7%	38%	34.7%	34.8%	34.8%
EBITDA	29.8M	25M	31.8M	35.9M	44.2M	37.1M	46M	41.9M	52.4M	42.7M	42.4M	47.1M
EPS	0.73	0.6	0.79	0.91	1.17	0.94	1.19	1.08	1.35	1.07	1.07	1.2
Diluted EPS	0.73	0.6	0.78	0.91	1.16	0.94	1.19	1.07	1.35	1.06	1.06	1.2

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	421.8M	430M	397.2M	506.8M	641.7M	729.7M	798.4M	1.3B	3.8B	3.4B	3.2B
Enterprise value	347.1M	345M	330M	455.7M	560.4M	627.6M	670.5M	1.1B	3.5B	3.1B	2.8B
Shares outstanding	27.8M	27.9M	28M	28.1M	28.1M	28.3M	28.4M	28.5M	28.6M	28.6M	28.6M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	23.8	15.8	20.2	19.4	22.7	19.7	17.6	17.6	34.8	25.5	23.8
P/S	3.03	2.97	2.75	3.2	3.99	3.86	3.38	4.66	11.9	9.2	8.45
P/B	2.35	2.09	1.78	2.33	2.64	2.62	2.49	3.34	7.62	5.44	4.57
EV/EBITDA	8.68	8.27	8.37	9.17	10.1	9.32	8.71	10.3	23.6	16.7	15.1
EV/Sales	2.49	2.38	2.28	2.88	3.49	3.32	2.84	4.01	11.1	8.21	7.4
Earnings yield	4.21%	6.31%	4.96%	5.14%	4.4%	5.08%	5.69%	5.69%	2.87%	3.92%	4.21%
FCF yield	4.79%	3.01%	-3.78%	3.93%	6.46%	3.53%	4.7%	4.42%	2.6%	2.98%	1.47%
PEG	—	—	—	—	—	—	—	—	—	—	2.14

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	23.8%	23.7%	21.1%	26.3%	29.6%	31.3%	29.8%	36.6%	45.3%	48.9%	47.1%
Operating margin	16.9%	16.7%	13.8%	19.1%	22%	24.5%	23.2%	30.4%	39.3%	42.4%	41%
Net margin	12.7%	18.7%	13.6%	16.5%	17.6%	19.6%	19.2%	26.5%	34.3%	36%	35.7%
ROE	9.88%	13.2%	8.83%	12%	11.6%	13.3%	14.1%	19%	21.9%	21.3%	21.4%
ROA	8.45%	11.9%	8.05%	10.5%	10.1%	11.7%	12.4%	16.9%	20%	19.7%	14.6%
ROIC	16.8%	20.1%	11.7%	15.3%	18.1%	21%	22.8%	32.4%	44.4%	47%	41.8%
Return on tangible assets	8.45%	11.9%	8.05%	10.5%	10.1%	11.7%	12.4%	16.9%	20%	19.7%	18%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	11.5	12.6	12.7	9.8	10.7	13.4	12.2	14.6	20.9	19.3	27.5
Quick ratio	10.2	11.2	11.1	8.39	9.39	12.1	11	13.2	19.3	18	25.8
Debt / equity	—	—	—	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0
Debt / assets	—	—	—	0.01	0.01	0.01	0.02	0.01	0.01	0.01	0
Net debt / EBITDA	—	—	—	-1.03	-1.47	-1.52	-1.66	-1.67	-1.83	-2.01	-2.16
Interest coverage	97	104.5	89.8	127.6	138.4	185.7	215.7	—	—	—	—
Effective tax rate	24.8%	0%	8.73%	15.7%	17.2%	20.4%	19.7%	20.2%	20.2%	21.5%	22%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	5	5.19	5.16	5.64	5.71	6.69	8.33	9.88	11.1	13	13.2
EPS (basic)	0.64	0.97	0.7	0.93	1	1.31	1.6	2.62	3.81	4.69	4.69
EPS (diluted)	0.64	0.97	0.7	0.93	1	1.31	1.6	2.61	3.79	4.67	4.67
Book value per share	6.45	7.36	7.97	7.74	8.64	9.84	11.3	13.8	17.4	22	24.3
FCF per share	0.72	0.46	-0.54	0.71	1.47	0.91	1.32	2.04	3.45	3.57	3.19
Cash per share	2.68	3.05	2.4	1.93	2.97	3.73	4.7	6.6	9.73	13	14.1
Capex per share	0.63	0.74	1.9	0.95	0.6	1.05	0.9	1.12	0.94	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	12.5%	14.3%	36.8%	16.8%	10.5%	15.7%	10.8%	11.4%	8.45%	—	—
Capex / operating cash flow	48.8%	56.7%	146.8%	57.3%	30.9%	51.3%	41.1%	35%	21.1%	—	—
Payout ratio	15.7%	11.1%	15.4%	126.9%	12.8%	9.77%	9.98%	6.11%	5.25%	5.12%	5.14%
Dividend yield	0.66%	0.7%	0.76%	6.52%	0.56%	0.5%	0.57%	0.35%	0.15%	0.2%	0.22%

Yield

0.22%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.06

ex-dividend Aug 21, 2026

Payout ratio

of earnings

Dividend growth

2 years

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Aug 21, 2026	$0.06
May 22, 2026	$0.06
Feb 20, 2026	$0.06

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$74.9M	$65.7M	$71.7M	$76.5M	$89.4M	$80.1M	$91.3M	$91.5M	$102M	$87.9M	$87.8M	$99.1M
YoY change	+12.7%	+12.7%	+7.35%	+3.46%	+19.4%	+21.9%	+27.3%	+19.6%	+14.1%	+9.84%	-3.75%	+8.31%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	74.7M	85M	67.2M	54.3M	83.6M	105.4M	133.4M	188M	278M	371.1M
Receivables	16.8M	16.5M	19.6M	22.9M	23M	26.7M	33.6M	38.1M	44M	47.9M
Inventory	12.4M	13.5M	12.8M	13.4M	15.2M	15.1M	19.6M	24.3M	27.7M	30.9M
Total current assets	105M	118M	101.4M	92.7M	124M	150.4M	190M	255M	354.8M	455.3M
Property, plant & equipment	99.4M	104.1M	136.9M	146.6M	146.9M	157.5M	103.2M	99.1M	174.5M	195.8M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	210.2M	228.4M	244.7M	247M	279.1M	316.2M	367.8M	440.6M	543.2M	681M
Accounts payable	5.6M	6.3M	4.6M	4.4M	4.6M	5.4M	7.7M	7.4M	8.8M	14.5M
Short-term debt	—	—	—	1.3M	1.2M	899K	1.4M	1.6M	1.6M	1.6M
Total current liabilities	9.1M	9.4M	8M	9.5M	11.6M	11.2M	15.5M	17.5M	17M	23.6M
Long-term debt	—	—	—	1.9M	1M	2.3M	4.1M	3.9M	3.4M	2.4M
Total liabilities	30.5M	23.2M	21.7M	29.9M	35.9M	38M	46.7M	47.5M	45.4M	50.3M
Shareholders' equity	179.6M	205.3M	223M	217.1M	243.2M	278.2M	321.1M	393.1M	497.7M	630.8M
Total debt	—	—	—	3.2M	2.2M	3.2M	5.5M	5.5M	5M	4M
Net debt	—	—	—	-51.1M	-81.3M	-102.1M	-127.8M	-182.5M	-273M	-367.1M

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	176.3M	188M	207M	222.5M	255M	278M	300.6M	319.9M	349.5M	371.1M	383.2M	402.6M
Receivables	44.1M	38.1M	42.2M	46.3M	52.9M	44M	55.8M	54.4M	59.3M	47.9M	58.1M	61M
Inventory	23.8M	24.3M	25.7M	27.3M	27.8M	27.7M	27.9M	25.6M	28.7M	30.9M	30.6M	32M
Total current assets	246.4M	255M	278.9M	299.6M	338.5M	354.8M	388.3M	403.4M	440.3M	455.3M	476.3M	500.4M
Property, plant & equipment	177.1M	99.1M	184.6M	182.5M	182.8M	174.5M	196.5M	203.5M	212.1M	195.8M	235.6M	245M
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	424.1M	440.6M	464M	484.2M	521.8M	543.2M	585.3M	607.4M	652.8M	681M	713.8M	747.4M
Accounts payable	8.1M	7.4M	7M	7.2M	8.5M	8.8M	9.2M	11.1M	11.9M	14.5M	11.7M	10.5M
Short-term debt	1.5M	1.6M	1.5M	1.5M	1.5M	1.6M	1.6M	1.6M	1.6M	1.6M	1.6M	1.6M
Total current liabilities	16M	17.5M	19.2M	14.1M	18.7M	17M	25.4M	18.5M	23.1M	23.6M	23M	18.2M
Long-term debt	3.7M	3.9M	3.6M	3.3M	3.6M	3.4M	3.2M	2.9M	2.7M	2.4M	2M	1.7M
Total liabilities	46.4M	47.5M	48.7M	43.1M	47.5M	45.4M	53M	44.1M	50.5M	50.3M	52.7M	51.6M
Shareholders' equity	377.6M	393.1M	415.3M	441.1M	474.2M	497.7M	532.2M	563.3M	602.3M	630.8M	661.2M	695.7M
Total debt	5.2M	5.5M	5.1M	4.8M	5.2M	5M	4.8M	4.5M	4.3M	4M	3.6M	3.2M
Net debt	-171.1M	-182.5M	-201.9M	-217.7M	-249.9M	-273M	-295.8M	-315.4M	-345.2M	-367.1M	-379.5M	-399.4M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	17.8M	27.1M	19.7M	26.1M	28.2M	37M	45.4M	74.5M	108.8M	134.3M
Depreciation & amortization	16.1M	16.5M	17.6M	17.6M	19.6M	20.9M	22.2M	23.8M	24.2M	25.2M
Stock-based compensation	1M	1.4M	1.5M	1.5M	1.9M	2.2M	2.6M	3.2M	4.9M	8.1M
Change in working capital	181K	-947K	-2.6M	-3.7M	327K	-3.9M	-10.6M	-9.3M	-9.5M	-6.9M
Operating cash flow	35.8M	36.6M	36.2M	46.3M	54.4M	57.8M	62.2M	91.4M	127.4M	165M
Capital expenditure	-17.5M	-20.7M	-53.2M	-26.5M	-16.8M	-29.6M	-25.5M	-32M	-26.9M	—
Investing cash flow	-17.5M	-20.7M	-53.2M	-26.5M	-25.2M	-29.6M	-31.2M	-32M	-26.9M	—
Dividends paid	-2.8M	-3M	-3M	-33.1M	-3.6M	-3.6M	-4.5M	-4.6M	-5.7M	-6.9M
Share repurchases	-2.9M	-309K	-411K	-444K	-557K	-731K	-767K	-1.3M	-3.5M	-2.7M
Financing cash flow	-5.7M	-3.3M	-3.4M	-33.5M	-4.2M	-4.4M	-5.3M	-5.8M	-9.2M	-9.6M
Net change in cash	12.6M	12.5M	-20.4M	-13.7M	25M	23.8M	25.7M	53.6M	91.3M	155.4M
Free cash flow	20.2M	12.9M	-15M	19.9M	41.4M	25.8M	37.5M	58M	98.6M	102.3M

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	20.7M	17M	22.4M	26.1M	33.4M	27M	34.1M	30.8M	38.8M	30.5M	30.6M	34.5M
Depreciation & amortization	6M	6M	6.1M	6M	6.1M	6M	6.1M	6.2M	6.2M	6.7M	6.6M	6.4M
Stock-based compensation	788K	786K	1.2M	1.1M	1.2M	1.3M	2.3M	2M	1.9M	1.9M	1.8M	1.8M
Change in working capital	-4.9M	5.5M	-5.5M	-7.3M	-5.6M	8.9M	-11.8M	3.6M	-8M	9.3M	-11.5M	-4.3M
Operating cash flow	22.8M	28.7M	24M	25.7M	34.7M	43.1M	30.2M	34M	45.9M	45.6M	32.1M	39.1M
Capital expenditure	-3.2M	-13.6M	-6.7M	-4.3M	-5.1M	-10.8M	-14.8M	—	—	—	—	—
Investing cash flow	-3.2M	-13.6M	-6.7M	-4.3M	-5.1M	-10.8M	-14.8M	—	—	—	—	—
Dividends paid	-1.1M	-1.1M	-1.4M	-1.4M	-1.4M	-1.4M	-1.7M	-1.7M	-1.7M	-1.7M	-1.7M	-1.7M
Share repurchases	0	-1.2M	-172K	0	0	-3.3M	-424K	0	0	-2.3M	-370K	0
Financing cash flow	-1.1M	-2.3M	-1.6M	-1.4M	-1.4M	-4.8M	-2.1M	-1.7M	-1.7M	-4M	-2.1M	-1.7M
Net change in cash	18.5M	12.8M	15.7M	20M	28.2M	27.5M	13.2M	32.3M	44.2M	41.6M	30M	37.3M
Free cash flow	19.3M	13.9M	20.3M	16.8M	33.9M	27.6M	24.6M	20.8M	31.3M	25.7M	13.7M	21.2M

Date	Ratio
Jul 15, 2024	5:1
Feb 6, 1987	3:2

United States Lime & Minerals, Inc. Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history