Eagle Materials Inc

EXP Basic Materials Building Materials

Eagle Materials Inc’s revenue for fiscal 2026 (year ended March 2026) was $2.3 billion, up 2.13% from fiscal 2025.

Revenue
+2.17%
EPS
−14.3%
Free cash flow
−15.6%
Total debt
+36.3%

Quarter to September 2026, against a year earlier

189.84 8.35 −4.21%
Market cap
$5.8B
P/E
15.7×
Fwd P/E
15.3×
Dividend yield
0.53%
F-score
5/9
Altman Z
3.39
Beneish M
−2.75
Dividend safety
81/100

Insider Decisions last twelve months

Sold, $m 1.70
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — — — —
Sell — — — — — — — 1 1 — — —
Insider Ownership 1.05%

Capital & Financial Ratios $m

Size
Market Cap 5,800.00
Revenue ttm 2,338.78
Net income ttm 376.72
Free cash flow ttm 155.50
Net debt Q 1,512.77
Valuation
P/E 15.70
Forward P/E 15.30
Price / sales 2.48
Forward P/S Powerpack
Price / FCF 37.37
Price / book 3.79
Financial health
Current ratio Q 3.29 (at or above 1.5: strong)
Debt / equity Q 1.14
Interest coverage Q 12.96
Growth
Revenue growth Q +2.17% (above 0%: growing)
Operating income growth Q −16.42% (below 0%: shrinking)
EPS, this year −16.23% (below 0%: weak)
EPS, next year A +6.76%
Revenue, next year A +0.36%
EPS, past 5 yrs +10.14%
EPS, next 5 yrs A +4.08%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

P/E against its own 10 years 32.16%
10-year low 10-year high
P/S against its own 10 years 18.08%
10-year low 10-year high
P/B against its own 10 years 37.07%
10-year low 10-year high
EV/Sales against its own 10 years 19.73%
10-year low 10-year high
EV/FCF against its own 10 years 99.27%
10-year low 10-year high

Dividends

Yield
0.53%
Annual rate
1.00
Payout ratio
8.30%
Growth, 2017–25
+12.1%/yr
  1. 0.40 ’17
  2. 0.40 ’18 +0
  3. 0.40 ’19 +0
  4. 0.10 ’20 −75
  5. 0.75 ’21 +650
  6. 1.00 ’22 +33
  7. 1.00 ’23 +0
  8. 1.00 ’24 +0
  9. 1.00 ’25 +0
  10. 0.94 ’26e −6
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2024 2025 2026 Q'26
Cash 35 20 298 241
Receivables 213 222 236 271
Inventory 374 415 408 362
Other — — — —
628 669 951 888
2024 2025 2026 Q'26
Payables 127 130 139 150
ST’ Debt 10 15 15 15
Other — — — —
239 245 260 270

Compound Annual Growth %

10y 5y 3y
Sales 7.28% 7.31% 2.43%
Cash Flow 8.74% (0.92%) 4.27%
Earnings 10.76% 4.54% (2.80%)
Book Value 3.55% 1.65% 7.54%

Earnings Trends EPS, adjusted, against the consensus

EPS $

Jun Sep Dec Mar Year
’26 3.29 3.63 — — —
’26 3.76 4.23 3.22 1.91 13.16
’25 3.94 4.26 3.56 2.00 13.77
’24 3.40 4.26 3.72 2.24 13.61
’23 2.75 3.72 3.20 2.79 12.46
’22 2.25 2.46 2.53 1.90 9.14
’21 2.31 2.31 1.94 1.56 8.12
Fiscal quarters ending in the months shown.

Revenue $m

Jun Sep Dec Mar Year
’26 651 653 — — —
’26 635 639 556 479 2,309
’25 609 624 558 470 2,261
’24 602 622 559 477 2,259
’23 561 605 511 470 2,148
’22 476 510 463 413 1,862
’21 427 448 405 343 1,623
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Jun Sep Dec Mar Year
’26 154 — — — —
’26 137 205 171 102 614
’25 133 233 120 63 549
’24 140 172 188 63 564
’23 125 176 180 62 542
’22 111 150 167 88 517
’21 95 263 184 101 643
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Jun Sep Dec Mar Year
’26 34 81 — — —
’26 61 96 61 (20) 197
’25 100 167 73 14 353
’24 104 143 165 31 444
’23 110 147 162 12 432
’22 99 135 139 69 443
’21 69 248 179 93 589
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

3.1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to March

Ten-year view Analyst estimates Powerpack
Group Line 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 TTM Sep ’26 Trend 10 yrs 2027e 2028e 2029e Next 3/yr
Income, $m
Income, $m Revenue 1,211 1,387 1,310 1,404 1,623 1,862 2,148 2,259 2,261 2,309 2,339 +7.4% 2,317 2,385 2,539 +3.2%
Gross margin, % 25.76 24.43 26.57 24.41 25.17 27.91 29.76 30.33 29.78 28.27 25.79 +2.5 pt
EBT 295 272 284 256 424 475 589 618 591 542 483 +7.0%
EBT margin, % 24.32 19.61 21.66 18.21 26.14 25.52 27.40 27.35 26.17 23.48 20.65 (0.8) pt
Net income 198 257 69 71 339 374 462 478 463 424 377 +8.8%
Per share, $
Per share, $ Revenue 25.27 28.80 28.10 33.41 39.06 45.91 58.37 64.90 67.72 72.11 76.40 +12.4%
Earnings 4.14 5.33 1.48 1.69 8.17 9.23 12.54 13.72 13.88 13.24 12.09 +13.8%
Cash flow 6.92 7.01 7.51 9.50 15.48 12.75 14.72 16.20 16.43 19.18 20.82 +12.0%
Capex (1.19) (2.74) (3.57) (3.13) (1.30) (1.83) (2.99) (3.46) (5.85) (13.02) (15.74) +30.5%
Free cash flow 5.73 4.27 3.94 6.37 14.18 10.93 11.73 12.74 10.58 6.17 5.08 +0.8%
Book value 25.11 29.45 25.94 23.03 32.71 27.96 32.22 37.59 43.64 46.07 50.10 +7.0%
Shares, m 48 48 47 42 42 41 37 35 33 32 31 (4.4%)
Valuation, ×
Valuation, × P/E 23.52 18.57 61.55 35.41 16.43 13.92 11.70 19.65 16.01 14.37 15.70 23.1
P/S 3.84 3.44 2.98 1.75 3.44 2.80 2.51 4.16 3.28 2.63 2.48 3.1
P/B 3.87 3.36 3.23 2.54 4.11 4.59 4.55 7.18 5.09 4.11 3.79 4.3
EV/Sales 4.41 3.91 3.50 2.79 3.90 3.29 3.01 4.63 3.82 3.26 3.13 3.7
EV/FCF 19.43 26.34 24.96 14.63 10.74 13.84 15.00 23.56 24.42 38.13 47.10 21.1
Cash, $m
Cash, $m Operating cash flow 332 338 350 399 643 517 542 564 549 614 637 +7.1%
Capex (57) (132) (167) (132) (54) (74) (110) (120) (195) (417) (482) +24.8%
Free cash flow 275 206 184 268 589 443 432 444 353 197 155 (3.6%)
Balance, $m
Balance, $m Working capital 171 279 248 509 492 235 309 388 424 691 618 +16.8%
Net debt 680 573 683 1,456 746 926 1,074 1,058 1,218 1,462 1,513 +8.9%
Shareholders’ equity 1,203 1,418 1,209 968 1,359 1,134 1,186 1,309 1,457 1,475 1,534 +2.3%
Returns, %
Returns, % ROA 9.60 11.12 3.04 2.76 11.71 13.81 17.22 16.68 14.92 11.93 10.21 +2.3 pt
ROIC 10.64 10.71 11.54 8.25 13.31 15.08 17.18 17.35 14.62 12.41 10.84 +1.8 pt
ROE 17.67 19.58 5.24 6.51 29.18 30.03 39.80 38.30 33.52 28.91 24.54 +11.2 pt
People
People Employees 2,200 2,200 2,300 2,400 2,200 2,200 2,400 2,500 2,500 2,800 — +2.7%
Revenue/emp, $m 0.55 0.63 0.57 0.59 0.74 0.85 0.90 0.90 0.90 0.82 — +4.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Mar 2026 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

Eagle Materials Inc vs peers in Building Materials (Q) = latest quarter vs a year earlier

Company Market cap P/E Fwd P/E Revenue growth (Q) EPS growth (Q) FCF growth (Q) Gross margin (Q) EBIT margin (Q) Compare
AMRZ Amrize Ltd $23.3B 19.0× 17.9× +2.20% (above 0%: growing) +3.49% (above 0%: growing) −35.58% (below 0%: shrinking) 28.67% 20.95% Compare
JHX James Hardie Industries PLC. $16.6B 115× 23.7× +63.86% (above 0%: growing) +20.00% (above 0%: growing) +145.13% (above 0%: growing) 37.21% 14.76% Compare
CX Cemex S.A.B. de C.V. $16.2B 23.8× 11.9× +8.13% (above 0%: growing) +56.61% (above 0%: growing) +1,454.19% (above 0%: growing) 35.47% 14.77% Compare
EXP Eagle Materials Inc $5.8B 15.7× 15.3× +2.17% (above 0%: growing) −14.27% (below 0%: shrinking) −15.63% (below 0%: shrinking) 26.77% 23.65%
USLM United States Lime & Minerals, Inc. $3.4B 25.6× 24.3× +4.09% (above 0%: growing) −1.48% (below 0%: shrinking) +22.36% (above 0%: growing) 47.81% 42.10% Compare
KNF Knife River Corporation $3.3B 24.3× 22.6× +5.97% (above 0%: growing) −3.99% (below 0%: shrinking) −27.51% (below 0%: shrinking) 22.55% 16.79% Compare
TTAM Titan America SA $2.2B 12.3× 13.0× +9.64% (above 0%: growing) −17.86% (below 0%: shrinking) −14.52% (below 0%: shrinking) 24.04% 13.33% Compare
TGLS Tecnoglass Holdings Inc. $2.0B 15.8× 15.3× +15.55% (above 0%: growing) −41.49% (below 0%: shrinking) −111.60% (below 0%: shrinking) 37.26% 12.38% Compare
CPAC Cementos Pacasmayo S.A.A. $1.1B 14.2× — +21.44% (above 0%: growing) +74.75% (above 0%: growing) +66.54% (above 0%: growing) 44.86% 29.09% Compare
Median of peers $3.3B 21.4× 17.9× +8.89% +1.01% +3.92% 36.34% 15.78%

All 17 Building Materials stocks →

Pay and ownership Proxy statement filed 15 June 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2026 10.30m 6.86m 145.10
2025 10.03m 7.19m 169.16
2024 8.46m 22.62m 206.29
2023 8.00m 10.94m 110.83
2022 6.98m 6.65m 96.18

Ownership

Directors and executive officers, together 1.70%
245 Summer Street 11.80%
55 East 10.20%
383 Madison Ave. 6.80%
100 Vanguard Blvd. 5.30%
Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Eagle Materials Inc (EXP) Latest News

4 Nov

Impact 3 · · The Motley Fool transcript
Impact 3 · · Business Wire

8 Oct

20 May

Impact 3 · · dividendstocks.com

EXP metrics, ten years each

stockrow.com/EXP · Data as of Nov 5, 2026 · For information only; not investment advice. · © 2026 stockrow.com