Eagle Materials Reports Record Annual Revenue of $2.3B; Q4 EPS $1.91
Eagle Materials Inc. announced its financial results for the fourth quarter and fiscal year ended March 31, 2026, achieving record annual revenue of $2.3 billion, an increase of 2%. For the full fiscal year, net earnings decreased 9% to $423.8 million, and diluted EPS was down 4% to $13.16. Fourth-quarter revenue increased 2% to $479.1 million, with net earnings down 10% to $60.2 million and diluted EPS down 5% to $1.91. The company also highlighted strategic progress in modernizing its Laramie Cement and Duke Gypsum Wallboard plants and repurchased approximately 1.7 million shares for $382 million during the fiscal year.
Key Highlights
- Record annual revenue of $2.3 billion, up 2% year-over-year.
- Full-year net earnings of $423.8 million, down 9%; diluted EPS of $13.16, down 4%.
- Fourth-quarter revenue of $479.1 million, up 2%; net earnings of $60.2 million, down 10%; diluted EPS of $1.91, down 5%.
- Adjusted EBITDA for the full fiscal year was $774.5 million, down 5%.
- Repurchased approximately 1.7 million shares for $382 million during the fiscal year.
- Heavy Materials sector revenue increased 10% to $1.6 billion for the full year.
- Light Materials sector revenue decreased 9% to $881.4 million for the full year.
- Full-year Cement sales volume increased 8% to 7.5 million tons.
Price Impact
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