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Friday 6 November 2026 Export USLM’s income statement to Excel — free account

United States Lime & Minerals, Inc.

USLM Basic Materials Building Materials

United States Lime & Minerals, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $372.7 million, up 17.3% from fiscal 2024.

Revenue
+4.09%
EPS
−1.48%
Free cash flow
+22.4%

Quarter to September 2026, against a year earlier

119.64 3.74 −3.03%
Market cap
$3.4B
P/E
25.6×
Fwd P/E
24.3×
Dividend yield
0.20%
F-score
5/9
Altman Z
44.31
Beneish M
−2.83
Dividend safety
89/100
Overview
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios

Insider Decisions last twelve months

Bought, $m 2.20
Sold, $m 2.35
Trades a month
Jan 26 Apr 26 Jul 26 Oct 26
Buy — — — — — — — — — 1 — —
Sell — — — 1 — — — — — 1 — —
Insider Ownership 62.56%

Capital & Financial Ratios $m

Size
Market Cap 3,430.00
Revenue ttm 381.09
Net income ttm 133.68
Free cash flow ttm 99.11
Net debt Q (439.25)
Valuation
P/E 25.62
Forward P/E 24.30
Price / sales 9.01
Forward P/S Powerpack
Price / FCF 34.63
Price / book 4.68
Financial health
Current ratio Q 22.29 (at or above 1.5: strong)
Debt / equity Q 0.00 (at or below 0.5: strong)
Interest coverage Q 356.44
Growth
Revenue growth Q +4.09% (above 0%: growing)
Operating income growth Q −3.37% (below 0%: shrinking)
EPS, this year +11.99%
EPS, next year A +15.11% (at or above 15%: strong)
Revenue, next year A +11.88% (at or above 10%: strong)
EPS, past 5 yrs +36.10% (at or above 15%: strong)
EPS, next 5 yrs A +10.90%

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

Valuation vs history

EV/Sales, ten years
EV/Sales is 7.9×, against a ten-year median of 3.1×; over the ten years it ranged from 2.0× in 2016 to 13.7× in 2024.
P/E against its own 10 years 83.65%
10-year low 10-year high
P/S against its own 10 years 89.81%
10-year low 10-year high
P/B against its own 10 years 80.49%
10-year low 10-year high
EV/Sales against its own 10 years 88.67%
10-year low 10-year high
EV/FCF against its own 10 years 80.50%
10-year low 10-year high

Dividends raised 2 years running

Yield
0.20%
Annual rate
0.24
Payout ratio
5.17%
Growth, 2017–25
+10.5%/yr
  1. 0.11 ’17
  2. 0.11 ’18 +0
  3. 0.11 ’19 +0
  4. 0.13 ’20 +19
  5. 0.13 ’21 +0
  6. 0.16 ’22 +25
  7. 0.16 ’23 +0
  8. 0.20 ’24 +25
  9. 0.24 ’25 +20
  10. 0.94 ’26e +292
paid forecast change on the year, % Powerpack

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash 188 278 371 439
Receivables 38 44 48 66
Inventory 24 28 31 33
Other — — — —
255 355 455 543
2023 2024 2025 Q'26
Payables 7 9 15 14
ST’ Debt — — — —
Other — — — —
17 17 24 24

Compound Annual Growth %

10y 5y 3y
Sales 11.04% 18.32% 16.43%
Cash Flow 17.64% 23.01% 36.85%
Earnings 26.41% 36.61% 43.51%
Book Value 14.24% 21.00% 25.24%

EPS $

Mar Jun Sep Dec Year
’26 1.06 1.20 1.32 — —
’25 1.19 1.07 1.35 1.06 4.67
’24 0.78 0.91 1.16 0.94 3.79
’23 0.60 0.69 0.73 0.60 2.61
’22 0.31 0.36 0.55 0.38 1.60
’21 0.25 0.39 0.40 0.27 1.31
’20 0.20 0.22 0.33 0.26 1.00
Fiscal quarters ending in the months shown.

Revenue $m

Mar Jun Sep Dec Year
’26 88 99 106 — —
’25 91 92 102 88 373
’24 72 77 89 80 318
’23 67 74 75 66 281
’22 51 60 66 58 236
’21 42 49 52 46 189
’20 38 38 44 41 161
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 32 39 52 — —
’25 39 34 46 46 165
’24 27 21 39 39 126
’23 21 20 24 28 92
’22 8 14 22 20 64
’21 12 16 17 12 56
’20 12 16 15 17 59
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 14 21 38 — —
’25 25 21 31 26 102
’24 20 17 34 28 99
’23 15 10 21 14 60
’22 3 8 15 13 39
’21 7 3 11 5 26
’20 5 11 12 13 42
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Ten-year view Analyst estimates Powerpack
Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 TTM Sep ’26 Trend 10 yrs 2026e 2027e 2028e Next 3/yr
Income, $m
Income, $m Revenue 139 145 144 158 161 189 236 281 318 373 381 +11.6% 417 473 514 +11.3%
Gross margin, % 23.76 23.74 21.11 26.33 29.61 31.31 29.79 36.56 45.32 48.94 47.61 +25.2 pt
EBT 24 25 22 31 34 47 57 93 136 171 171 +24.6%
EBT margin, % 16.96 17.22 14.93 19.52 21.20 24.58 23.95 33.19 42.93 45.88 44.90 +28.9 pt
Net income 18 27 20 26 28 37 45 75 109 134 134 +25.2%
Per share, $
Per share, $ Revenue 5.00 5.19 5.16 5.64 5.71 6.69 8.33 9.88 11.12 13.02 13.28 +11.2%
Earnings 0.64 0.97 0.70 0.93 1.00 1.31 1.60 2.62 3.81 4.69 4.67 +24.8%
Cash flow 1.36 1.23 1.38 1.68 2.08 1.97 2.27 3.24 4.41 5.76 5.89 +17.4%
Capex (0.63) (0.74) (1.90) (0.95) (0.60) (1.05) (0.90) (1.12) (0.94) (2.18) (2.43) +14.9%
Free cash flow 0.73 0.49 (0.52) 0.73 1.48 0.92 1.37 2.12 3.47 3.58 3.45 +19.3%
Book value 6.45 7.36 7.97 7.74 8.64 9.84 11.32 13.81 17.42 22.03 25.58 +14.6%
Shares, m 28 28 28 28 28 28 28 28 29 29 29 +0.3%
Valuation, ×
Valuation, × P/E 23.38 15.90 20.17 19.50 22.71 19.69 17.13 17.57 34.88 25.53 25.62 21.6
P/S 2.97 2.99 2.75 3.20 3.99 3.86 3.29 4.65 11.94 9.20 9.01 4.9
P/B 2.30 2.11 1.78 2.33 2.64 2.62 2.42 3.33 7.62 5.44 4.68 3.3
EV/Sales 2.64 2.60 2.48 3.04 3.65 3.45 2.85 4.09 11.15 8.28 7.93 4.4
EV/FCF 18.03 27.78 (24.85) 23.49 14.04 25.04 17.30 19.07 35.74 30.11 30.48 18.6
Cash, $m
Cash, $m Operating cash flow 38 34 39 47 59 56 64 92 126 165 169 +17.8%
Capex (17) (21) (53) (27) (17) (30) (26) (32) (27) (62) (70) +15.2%
Free cash flow 20 14 (14) 20 42 26 39 60 99 102 99 +19.7%
Balance, $m
Balance, $m Working capital 96 109 93 83 112 139 174 237 338 432 519 +18.2%
Net debt (75) (85) (67) (54) (84) (105) (133) (188) (278) (371) (439) +19.5%
Shareholders’ equity 180 205 223 217 243 278 321 393 498 631 734 +15.0%
Returns, %
Returns, % ROA 8.73 12.38 8.32 10.60 10.73 12.45 13.28 18.44 22.13 21.94 18.42 +13.2 pt
ROIC 13.99 12.59 8.03 11.22 13.26 16.78 18.24 26.03 35.54 38.00 33.34 +24.0 pt
ROE 10.25 14.11 9.19 11.84 12.26 14.21 15.16 20.88 24.44 23.80 20.01 +13.6 pt
People
People Employees 321 318 287 282 317 308 338 333 345 346 — +0.8%
Revenue/emp, $m 0.43 0.46 0.50 0.56 0.51 0.61 0.70 0.84 0.92 1.08 — +10.6%
Negative figures in brackets.
estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 5 Nov 2026

United States Lime & Minerals, 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
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% Compare
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%
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
LOMA Loma Negra Compania Industrial Argentina S.A. Sponsored ADR $1.0B 30.3× 20.0× +6.10% (above 0%: growing) +1,566.67% (above 0%: growing) +116.93% (above 0%: growing) 19.18% 7.91% Compare
RMIX Suncrete, Inc. $676.1M — — — n/m — 29.12% (8.98%) Compare
Median of peers $2.1B 15.8× 15.3× +8.13% −3.99% −14.52% 27.95% 14.05%

All 17 Building Materials stocks →

Pay and ownership Proxy statement filed 27 March 2026

Chief executive’s pay

Year Total pay Actually paid $100 invested
2025 7.67m 6.62m 536.00
2024 7.75m 15.58m 592.88
2023 5.80m 7.55m 205.23
2022 4.15m 4.29m 124.88
2021 3.57m 3.86m 113.70

Ownership

Directors and executive officers, together 1.50%
Vancouver, British Columbia Canada V6C 61.58%
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

United States Lime & Minerals, Inc. (USLM) Latest News

18 Oct

Impact 3 · · Simply Wall St.

29 Apr

Impact 3 · · GlobeNewswire

13 Mar

Impact 4 · · Insider Monkey

5 Feb

Impact 3 · · Simply Wall St.

2 Feb

Impact 4 · · Associated Press Finance earnings
Impact 4 · · GlobeNewswire

22 Jan

Impact 4 · · Simply Wall St.

24 Dec

Impact 4 · · Simply Wall St.

22 Dec

Impact 4 · · 24/7 Wall St.

9 Dec

Impact 4 · · Insider Monkey

29 Oct

Impact 4 · · Associated Press Finance
Impact 4 · · GlobeNewswire

28 Oct

Impact 4 ·

4 Oct

Impact 4 · · Simply Wall St.Simply Wall St.

12 Sep

Impact 3 · · Simply Wall St.

29 Aug

Impact 3 ·

15 Aug

Impact 3 · · Simply Wall St.

1 Aug

Impact 3 · · Simply Wall St.

30 Jul

Impact 4 · · Associated Press Finance
Impact 4 · · GlobeNewswire

17 Jul

Impact 4 · · Simply Wall St.

19 May

Impact 3 · · Simply Wall St.

3 May

Impact 4 · · Simply Wall St.

30 Apr

Impact 4 · · GlobeNewswire
Impact 3 ·

18 Apr

Impact 4 · · Insider Monkey

10 Apr

Impact 4 · · Insider Monkey

1 Apr

Impact 3 ·

1 Mar

Impact 4 ·

28 Feb

Impact 4 ·

USLM metrics, ten years each

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