| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 87.83 | 3.8% |
| Total Income | 87.83 | 3.8% |
| Expenditure | 52.05 | 1.3% |
| PBT | 39.01 | 9.3% |
| Net Profit | 30.58 | 10.3% |
| OPM | 40.74% | 2.98pp |
| NPM | 34.82% | 2.57pp |
| EPS | 1.07 | 10.1% |
United States Lime & Minerals Reports Q1 2026 Results, Revenue Down 3.7%
30 Apr 2026 · 30 Apr, 2:52 am
Summary
United States Lime & Minerals, Inc. reported a challenging first quarter 2026, with revenues decreasing by 3.7% to $87.8 million, primarily due to reduced sales volumes in construction, oil and gas services, and roof shingle sectors. This revenue decline, coupled with higher fuel and transportation costs, led to a 9.5% decrease in gross profit to $41.8 million and a 10.4% drop in net income to $30.6 million, or $1.06 per diluted share. Despite the revenue decrease, the first since 2020, management expressed optimism for the remainder of the year, particularly regarding demand from construction customers, and noted good progress on the new kiln project in Texas.
Key Highlights
- 1
United States Lime & Minerals reported first quarter 2026 revenues of $87.8 million, a 3.7% decrease from $91.3 million in the first quarter 2025.
- 2
Gross profit for Q1 2026 decreased by 9.5% to $41.8 million, down from $46.2 million in the prior-year quarter.
- 3
Net income for the first quarter 2026 was $30.6 million, or $1.06 per diluted share, representing a 10.4% decrease compared to $34.1 million, or $1.19 per diluted share, in Q1 2025.
- 4
Selling, general and administrative expenses saw a 4.7% reduction, totaling $6.0 million in Q1 2026 compared to $6.3 million in Q1 2025.
- 5
The company declared a regular quarterly cash dividend of $0.06 per share on its common stock.
- 6
Progress continues on the new kiln project at the Texas facility, with an anticipated startup in the summer.
Management Comments
Timothy W. Byrne
Although we experienced our first revenue decrease against the comparable prior-year quarter since the COVID pandemic began in 2020, we remain optimistic about the balance of the year, including as it pertains to demand from our construction customers. We are also pleased with the progress on the new kiln project at our Texas facility and anticipate it will start up this summer.
Informational and educational content only. Not investment advice.