Eagle Materials Inc. (EXP) 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 27	$3.38	$3.29	-2.7%	—	$651M	—
Q2 26	$4.35	$4.23	-2.8%	—	$638.9M	—
Q1 26	$3.68	$3.76	+2.2%	—	$634.7M	—
Q4 25	$2.49	$2	-19.7%	—	$470.2M	—
Q3 25	$3.93	$3.59	-8.7%	—	$558M	—
Q2 25	$4.65	$4.31	-7.3%	—	$623.6M	—
Q1 25	$3.58	$3.94	+10.1%	—	$608.7M	—
Q4 24	$2.73	$2.24	-17.9%	—	$476.7M	—
Q3 24	$3.57	$3.72	+4.2%	—	$558.8M	—
Q2 24	$4.2	$4.26	+1.4%	—	$622.2M	—
Q1 24	$3.59	$3.55	-1.1%	—	$601.5M	—
Q4 23	$2.39	$2.79	+16.7%	—	$470.1M	—
Q3 23	$3.23	$3.2	-0.9%	—	$511.5M	—
Q2 23	$3.57	$3.72	+4.2%	—	$605.1M	—
Q1 23	$2.8	$2.75	-1.8%	—	$561.4M	—
Q4 22	$1.83	$1.9	+3.8%	—	$413.1M	—

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 %
FY26	—	$13.2	—	—	$2.3B	—
FY25	—	$13.9	—	—	$2.3B	—
FY24	—	$13.7	—	—	$2.3B	—
FY23	—	$12.5	—	—	$2.1B

Total revenue

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

Period	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	$1.2B	$1.4B	$1.3B	$1.4B	$1.6B	$1.9B	$2.1B	$2.3B	$2.3B	$2.3B
YoY change	+5.92%	+14.5%	-5.5%	+7.16%	+15.6%	+14.7%	+15.4%	+5.18%	+0.05%	+2.13%

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	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	1.2B	1.4B	1.3B	1.4B	1.6B	1.9B	2.1B	2.3B	2.3B	2.3B
Cost of revenue	899.2M	1B	962.2M	1.1B	1.2B	1.3B	1.5B	1.6B	1.6B	1.7B
Gross profit	312M	338.8M	348.1M	342.7M	408.4M	519.6M	639.3M	685.3M	673.1M	652.5M
Gross margin	25.8%	24.4%	26.6%	24.4%	25.2%	27.9%	29.8%	30.3%	29.8%	28.3%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	33.9M	41.2M	37.4M	65.4M	49.5M	46.8M	53.6M	59.8M	73.9M	89.2M
Operating expenses	31.8M	41.2M	37.4M	65.4M	49.5M	46.8M	53.6M	59.8M	73.9M	89.2M
Operating income	278.1M	297.6M	310.7M	277.3M	358.8M	472.8M	585.6M	625.5M	599.2M	563.4M
Operating margin	23%	21.5%	23.7%	19.7%	22.1%	25.4%	27.3%	27.7%	26.5%	24.4%
Non-operating income, net	39M	2M	1.4M	16.9M	109.7M	33.2M	38.1M	34.7M	32.8M	25.1M
Pretax income	294.5M	272M	283.8M	255.7M	424.1M	475.1M	588.6M	617.9M	591.5M	542M
Income tax	96.3M	15.3M	60.3M	24.5M	89.9M	100.8M	127.1M	140.3M	128.1M	118.2M
Net income	198.2M	256.6M	68.9M	70.9M	339.4M	374.2M	461.5M	477.6M	463.4M	423.8M
Net margin	16.4%	18.5%	5.26%	5.05%	20.9%	20.1%	21.5%	21.1%	20.5%	18.4%
EBITDA	414.5M	458.7M	473.8M	432.8M	545.7M	643.2M	762.7M	811.1M	792.6M	759.4M
EPS	4.14	5.33	1.48	1.69	8.17	9.23	12.5	13.7	13.9	13.2
Diluted EPS	4.1	5.28	1.47	1.68	8.12	9.14	12.5	13.6	13.8	13.2

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	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	622.2M	558.8M	476.7M	608.7M	623.6M	558M	470.2M	634.7M	638.9M	556M	479.1M	651M
Cost of revenue	413.2M	378.2M	357M	421.8M	419.8M	380.2M	365.6M	449.1M	439.2M	395.1M	372.8M	489.7M
Gross profit	209M	180.6M	119.7M	186.9M	203.8M	177.8M	104.6M	185.6M	199.7M	160.9M	106.3M	161.2M
Gross margin	33.6%	32.3%	25.1%	30.7%	32.7%	31.9%	22.2%	29.2%	31.3%	28.9%	22.2%	24.8%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	16.6M	14.2M	17.3M	15.6M	17.9M	20.8M	19.6M	20.8M	21.3M	24M	23.1M	20.2M
Operating expenses	16.6M	14.2M	17.3M	15.6M	17.9M	20.8M	19.6M	20.8M	21.3M	24M	23.1M	20.2M
Operating income	192.4M	166.4M	102.3M	171.2M	186M	157M	85M	164.8M	178.4M	136.9M	83.3M	141M
Operating margin	30.9%	29.8%	21.5%	28.1%	29.8%	28.1%	18.1%	26%	27.9%	24.6%	17.4%	21.7%
Non-operating income, net	12M	10.3M	9M	10.4M	10M	6.4M	6M	4.8M	7.4M	6.1M	6.8M	3.6M
Pretax income	194.2M	166.6M	101.7M	170.9M	185.3M	154.3M	81M	157.9M	176.5M	129.2M	78.4M	131.7M
Income tax	43.6M	37.5M	24.6M	37.1M	41.7M	34.7M	14.5M	34.5M	39.1M	26.3M	18.2M	29.6M
Net income	150.6M	129.1M	77.1M	133.8M	143.5M	119.6M	66.5M	123.4M	137.4M	102.9M	60.2M	102.1M
Net margin	24.2%	23.1%	16.2%	22%	23%	21.4%	14.1%	19.4%	21.5%	18.5%	12.6%	15.7%
EBITDA	241.8M	214.3M	150.4M	220.2M	235.6M	202.8M	134.1M	210.4M	228.2M	186.1M	134.7M	187.8M
EPS	4.29	3.75	—	3.97	4.29	3.59	2.01	3.78	4.25	3.23	1.92	3.3
Diluted EPS	4.26	3.72	—	3.94	4.26	3.56	2	3.76	4.23	3.22	1.91	3.29

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	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Market cap	4.7B	5B	3.9B	2.5B	5.6B	5.2B	5.4B	9.5B	7.4B	6.1B	5.4B
Enterprise value	5.3B	5.6B	4.6B	4B	6.4B	6.2B	6.5B	10.5B	8.7B	7.6B	7B
Shares outstanding	47.9M	48.1M	46.6M	42M	41.5M	40.5M	36.8M	34.8M	33.4M	32M	32M

Valuation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
P/E	23.5	19.3	57.1	34.6	16.4	13.9	11.7	19.8	16	14.3	14.1
P/S	3.84	3.58	3	1.75	3.44	2.8	2.51	4.19	3.28	2.63	2.36
P/B	3.87	3.5	3.25	2.54	4.11	4.59	4.55	7.23	5.09	4.11	3.7
EV/EBITDA	12.9	12.1	9.74	9.13	11.7	9.58	8.53	13	10.9	9.96	9.98
EV/Sales	4.41	4.02	3.52	2.81	3.93	3.31	3.03	4.67	3.83	3.28	3.03
Earnings yield	4.26%	5.17%	1.75%	2.89%	6.08%	7.19%	8.55%	5.05%	6.26%	6.99%	7.11%
FCF yield	5.9%	4.15%	4.62%	10.9%	10.6%	8.51%	7.99%	4.69%	4.77%	3.26%	0.47%
PEG	—	—	—	—	—	—	—	—	—	—	-1.11

Profitability

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Gross margin	25.8%	24.4%	26.6%	24.4%	25.2%	27.9%	29.8%	30.3%	29.8%	28.3%	24.8%
Operating margin	23%	21.5%	23.7%	19.7%	22.1%	25.4%	27.3%	27.7%	26.5%	24.4%	21.7%
Net margin	16.4%	18.5%	5.26%	5.05%	20.9%	20.1%	21.5%	21.1%	20.5%	18.4%	17.3%
ROE	16.5%	18.1%	5.69%	7.32%	25%	33%	38.9%	36.5%	31.8%	28.7%	27%
ROA	8.82%	10.8%	3.17%	2.39%	12%	14.5%	16.6%	16.2%	14.2%	11%	9.23%
ROIC	9.94%	13.8%	12.9%	10.2%	13.2%	17.8%	20%	20.2%	17.3%	14.8%	13.8%
Return on tangible assets	11.2%	13.6%	4.02%	3.27%	16.5%	20.7%	25%	24.2%	22.4%	15.9%	12.1%

Financial health

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Current ratio	1.75	2.56	2.38	4	3.91	2.13	2.45	2.62	2.73	3.66	3.23
Quick ratio	0.64	1.12	0.85	2.39	2.52	0.99	1.08	1.06	1.03	2.09	1.91
Debt / equity	0.57	0.44	0.57	1.67	0.77	0.86	0.94	0.86	0.88	1.22	1.21
Debt / assets	0.31	0.26	0.32	0.55	0.37	0.38	0.4	0.38	0.39	0.47	0.46
Net debt / EBITDA	1.64	1.33	1.44	3.46	1.44	1.48	1.45	1.34	1.58	1.97	2.12
Interest coverage	14	10.8	11	7.65	10.5	16.4	17.5	15.3	15	11.3	10.3
Effective tax rate	32.7%	5.64%	21.2%	9.58%	21.2%	21.2%	21.6%	22.7%	21.7%	21.8%	22%

Per share

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Revenue per share	25.3	28.8	28.1	33.4	39.1	45.9	58.4	64.9	67.7	72.1	73.6
EPS (basic)	4.14	5.33	1.48	1.69	8.17	9.23	12.5	13.7	13.9	13.2	13.2
EPS (diluted)	4.1	5.28	1.47	1.68	8.12	9.14	12.5	13.6	13.8	13.2	12.7
Book value per share	25.1	29.4	25.9	23	32.7	28	32.2	37.6	43.6	46.1	48.3
FCF per share	5.73	4.27	3.89	6.36	14.2	10.9	11.7	12.7	10.6	6.17	5.48
Cash per share	0.14	0.19	0.18	2.82	6.34	0.48	0.41	1	0.61	9.31	7.61
Capex per share	1.19	2.74	3.57	3.13	1.3	1.83	2.99	3.46	5.85	—	—

Capital allocation

Metric	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26	Current
Capex / revenue	4.7%	9.52%	12.7%	9.38%	3.32%	3.98%	5.13%	5.32%	8.64%	—	—
Capex / operating cash flow	17.6%	37.1%	124%	71.5%	7.75%	15%	19.7%	20.9%	34%	—	—
Payout ratio	9.76%	7.57%	27.5%	24.2%	1.23%	8.22%	8.12%	7.39%	7.28%	7.64%	7.88%
Dividend yield	0.42%	0.39%	0.48%	0.7%	0.07%	0.59%	0.69%	0.37%	0.46%	0.53%	0.57%

Yield

0.57%

trailing twelve months

Frequency

Quarterly

Last dividend

$0.25

ex-dividend Sep 14, 2026

Payout ratio

of earnings

Dividend growth

0 years

consecutive annual raises

Dividend per share

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

Recent payouts

Ex-dividend	Amount
Sep 14, 2026	$0.25
Jun 15, 2026	$0.25
Mar 16, 2026	$0.25

Period	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Revenue	$622.2M	$558.8M	$476.7M	$608.7M	$623.6M	$558M	$470.2M	$634.7M	$638.9M	$556M	$479.1M	$651M
YoY change	+2.84%	+9.26%	+1.4%	+1.19%	+0.22%	-0.14%	-1.37%	+4.27%	+2.45%	-0.37%	+1.9%	+2.56%

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	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Cash & short-term investments	6.6M	9.3M	8.6M	118.6M	263.5M	19.4M	15.2M	34.9M	20.4M	297.9M
Receivables	136.3M	141.7M	128.7M	145.8M	147.1M	176.3M	195.1M	203M	212.3M	228.6M
Inventory	252.8M	258.2M	275.2M	272.1M	235.7M	236.7M	291.9M	373.9M	415.2M	408.4M
Total current assets	400.6M	458.7M	427.6M	678.2M	661.7M	442.7M	521.5M	627.7M	668.7M	950.9M
Property, plant & equipment	1.4B	1.4B	1.2B	1.6B	1.5B	1.4B	1.5B	1.4B	1.5B	1.8B
Goodwill & intangibles	471M	478.7M	458.2M	792.9M	784.6M	775.8M	932.1M	972.2M	1.2B	1.2B
Total assets	2.2B	2.4B	2.2B	3B	2.8B	2.6B	2.8B	2.9B	3.3B	3.8B
Accounts payable	92.2M	73.5M	80.9M	84.2M	84.2M	113.7M	110.4M	127.2M	129.9M	138.9M
Short-term debt	81.2M	—	36.5M	6.6M	6.3M	7.1M	16M	17.9M	19M	19.1M
Total current liabilities	229.5M	179.3M	179.3M	169.7M	169.4M	207.6M	212.9M	239.4M	245M	260.2M
Long-term debt	605.3M	620.9M	655.1M	1.6B	1B	967.5M	1.1B	1.1B	1.3B	1.8B
Total liabilities	1B	950.3M	959.7M	2B	1.5B	1.4B	1.6B	1.6B	1.8B	2.4B
Shareholders' equity	1.2B	1.4B	1.2B	967.8M	1.4B	1.1B	1.2B	1.3B	1.5B	1.5B
Total debt	686.5M	620.9M	691.6M	1.6B	1B	974.6M	1.1B	1.1B	1.3B	1.8B
Net debt	679.9M	611.6M	683M	1.5B	785.9M	955.2M	1.1B	1.1B	1.3B	1.5B

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	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Cash & short-term investments	47.3M	48.9M	34.9M	46.5M	93.9M	31.2M	20.4M	59.7M	35M	419M	297.9M	233.5M
Receivables	244.8M	193M	203M	278.4M	246.3M	182.4M	212.3M	263.4M	250.8M	208.5M	228.6M	293.8M
Inventory	301.4M	333.8M	373.9M	371.6M	375.6M	392.3M	415.2M	393.4M	370.2M	384.9M	408.4M	379.6M
Total current assets	611.8M	587.7M	627.7M	713M	730.4M	618.5M	668.7M	732.4M	671.3M	1B	950.9M	929.4M
Property, plant & equipment	1.7B	1.7B	1.4B	1.7B	1.7B	1.8B	1.5B	1.9B	1.9B	2B	1.8B	2.2B
Goodwill & intangibles	490.2M	488.1M	972.2M	484.3M	489.2M	487.4M	1.2B	593.2M	590.6M	588M	1.2B	582.9M
Total assets	2.9B	2.9B	2.9B	3B	3.1B	3B	3.3B	3.4B	3.4B	3.8B	3.8B	3.9B
Accounts payable	113.7M	117.3M	127.2M	148.2M	131.4M	118.7M	129.9M	136.2M	132.9M	124.2M	138.9M	156.9M
Short-term debt	18.2M	18.2M	17.9M	17M	16M	15.1M	19M	19.7M	19.5M	19.2M	19.1M	19.7M
Total current liabilities	224.5M	225.5M	239.4M	290.6M	312.2M	223.9M	245M	268.4M	247.2M	241.5M	260.2M	287.6M
Long-term debt	1.1B	1B	1.1B	1.1B	1.1B	1B	1.3B	1.3B	1.3B	1.8B	1.8B	1.8B
Total liabilities	1.6B	1.6B	1.6B	1.7B	1.7B	1.5B	1.8B	1.9B	1.9B	2.3B	2.4B	2.4B
Shareholders' equity	1.3B	1.3B	1.3B	1.4B	1.4B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B	1.5B
Total debt	1.1B	1.1B	1.1B	1.1B	1.1B	1B	1.3B	1.3B	1.3B	1.8B	1.8B	1.8B
Net debt	1.1B	1B	1.1B	1.1B	1B	1B	1.3B	1.3B	1.3B	1.4B	1.5B	1.6B

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	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Net income	198.2M	256.6M	68.9M	70.9M	339.4M	374.2M	461.5M	477.6M	463.4M	423.8M
Depreciation & amortization	91.8M	114M	122.5M	113.5M	129.1M	128.8M	138.6M	149.8M	158.9M	164.7M
Stock-based compensation	12.1M	14.1M	15.1M	19.8M	15.3M	14.3M	17.2M	19.9M	18.7M	21.3M
Change in working capital	13.6M	20.7M	-43.8M	-96.1M	153M	-34.6M	-63.7M	-80.6M	-62.1M	-7.2M
Operating cash flow	324.4M	356.1M	134.3M	184.1M	696.2M	495.2M	558M	574.7M	574.1M	614.2M
Capital expenditure	-56.9M	-132M	-166.6M	-131.7M	-53.9M	-74.1M	-110.1M	-120.3M	-195.3M	—
Investing cash flow	-457.4M	-168.7M	-166.6M	-831.1M	37.1M	-74.1M	-268.6M	-175.4M	-370.1M	-15M
Dividends paid	-19.3M	-19.4M	-18.9M	-17.1M	-4.2M	-30.8M	-37.5M	-35.3M	-33.7M	-32.4M
Share repurchases	-64.5M	-66.1M	-276.3M	-317.9M	-4.2M	-595M	-393.8M	-353.7M	-304.2M	-390.4M
Financing cash flow	104.9M	-151.7M	-225.3M	538.5M	-1.1B	-513.5M	-282.7M	-386M	-199.3M	94.6M
Net change in cash	-28.2M	35.6M	-257.5M	-108.4M	-397.5M	-92.4M	6.7M	13.4M	4.6M	693.7M
Free cash flow	274.7M	205.7M	181.4M	267.2M	589.1M	443.1M	431.6M	443.6M	353.3M	197.4M

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	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26	Q3 26	Q4 26	Q1 27
Net income	150.6M	129.1M	77.1M	133.8M	143.5M	119.6M	66.5M	123.4M	137.4M	102.9M	60.2M	102.1M
Depreciation & amortization	37.2M	37.5M	38.5M	38.4M	39.1M	39.2M	42.2M	40.6M	42M	41.6M	40.5M	41.2M
Stock-based compensation	4.5M	4.4M	4.5M	4.5M	4.9M	4.8M	4.5M	4.8M	5.5M	5.5M	5.5M	4.7M
Change in working capital	56K	19.8M	-43.5M	-74.4M	-10.3M	-20.3M	-47.4M	-31.1M	6.6M	22.2M	-16.9M	-17.8M
Operating cash flow	196.9M	193.2M	75.3M	100.2M	180.3M	143.8M	59.5M	140.4M	204.6M	170.8M	102.1M	154.4M
Capital expenditure	-29.5M	-22.4M	-32.5M	-33.1M	-66.5M	-47.4M	-48.3M	-76.1M	—	—	—	—
Investing cash flow	-29.5M	-22.4M	-32.5M	-33.1M	-91.4M	-47.4M	-198.3M	-76.1M	—	0	-15M	—
Dividends paid	-8.9M	-8.8M	-8.6M	-8.5M	-8.5M	-8.4M	-8.3M	-8.3M	-8.4M	-7.8M	-7.9M	-8M
Share repurchases	-78.4M	-97.5M	-102.4M	-86.9M	-60.7M	-55.1M	-101.5M	-84.2M	-89.1M	-142.6M	-74.5M	-86.4M
Financing cash flow	-209.8M	-163.8M	-50.5M	-87.9M	-96.7M	-136M	124.6M	-21.2M	-121.2M	332.6M	-86.2M	-98.1M
Net change in cash	-42.4M	7M	-7.6M	-20.9M	-7.8M	-39.5M	-14.2M	43.1M	83.4M	503.4M	980K	56.3M
Free cash flow	142.9M	165.3M	30.9M	99.5M	166.8M	72.5M	14.5M	60.5M	96.1M	60.8M	-19.9M	33.6M

Eagle Materials 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