Loading financials from SEC filings…
Building materials · Basic Materials · Fiscal year ends Dec 31
United States Lime & Minerals reported revenue of $373M in the fiscal year ended Dec 2025, up 17.3% from the year before. Operating income was $158M, an operating margin of 42.4%, and net income was $134M. Operating cash flow of $165M less capital expenditure of $63M left free cash flow of $102M. It held more cash than debt (net cash $371M).
Ranks among the 16 building materials companies we cover (1st = best; for debt, the least indebted). Green = top third, red = bottom third.
Last 5 fiscal years
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue | 189 | 236 | 281 | 318 | 373 |
| Cost of revenue | 130 | 166 | 178 | 174 | 190 |
| Gross profit | 59.3 | 70.3 | 103 | 144 | 182 |
| Selling, general & admin | 12.8 | 15.6 | 17.4 | 19.1 | 24.5 |
| Operating income | 46.4 | 54.8 | 85.4 | 125 | 158 |
| Interest expense | 0.3 | 0.3 | – | – | – |
| Pre-tax income | 46.5 | 56.6 | 93.4 | 136 | 171 |
| Income tax | 9.5 | 11.1 | 18.8 | 27.5 | 36.7 |
| Net income | 37.0 | 45.4 | 74.5 | 109 | 134 |
| Diluted EPS | 6.54 | 1.60 | 2.61 | 3.79 | 4.67 |
| Diluted shares | 5.7 | 28.4 | 28.5 | 28.7 | 28.7 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Cash & equivalents | 105 | 133 | 188 | 278 | 371 |
| Receivables | 26.7 | 33.6 | 38.1 | 44.0 | 47.9 |
| Inventory | 15.1 | 19.6 | 24.3 | 27.7 | 30.9 |
| Current assets | 150 | 190 | 255 | 355 | 455 |
| Net PP&E | 162 | 172 | 180 | 183 | 221 |
| Total assets | 316 | 368 | 441 | 543 | 681 |
| Payables | 5.4 | 7.7 | 7.4 | 8.8 | 14.5 |
| Current liabilities | 11.2 | 15.5 | 17.5 | 17.0 | 23.6 |
| Long-term debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Total liabilities | 38.0 | 46.7 | 47.5 | 45.4 | 50.3 |
| Shareholders' equity | 278 | 321 | 393 | 498 | 631 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Operating cash flow | 55.7 | 64.4 | 92.3 | 126 | 165 |
| Capital expenditure | 29.9 | 26.8 | 34.3 | 27.4 | 62.7 |
| Free cash flow | 25.8 | 37.5 | 58.0 | 98.6 | 102 |
| Depreciation & amortisation | 20.9 | 22.2 | 23.8 | 24.2 | 25.2 |
| Stock-based compensation | 2.2 | 2.6 | 3.2 | 4.9 | 8.1 |
| Share buybacks | 0.7 | 0.8 | 1.3 | 3.5 | 2.7 |
| Dividends paid | 3.6 | 4.5 | 4.6 | 5.7 | 6.9 |
| Dividend per share | 0.64 | 0.16 | 0.16 | 0.20 | 0.24 |
| Fiscal year | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|
| Revenue growth (YoY) | – | 24.8% | 19.1% | 12.9% | 17.3% |
| Operating income growth (YoY) | – | 18.0% | 55.9% | 46.2% | 26.4% |
| EPS growth (YoY) | – | −75.5% | 63.1% | 45.2% | 23.2% |
| Gross margin | 31.3% | 29.8% | 36.6% | 45.3% | 48.9% |
| Operating margin | 24.5% | 23.2% | 30.4% | 39.3% | 42.4% |
| Net margin | 19.6% | 19.2% | 26.5% | 34.3% | 36.0% |
| Return on equityBlank when equity is negative | 13.3% | 14.1% | 19.0% | 21.9% | 21.3% |
| ROCEEBIT ÷ (assets − current liabilities) | 15.2% | 15.6% | 20.2% | 23.7% | 24.0% |
| Free cash flow margin | 13.6% | 15.9% | 20.6% | 31.0% | 27.4% |
| Cash conversion (CFO ÷ net income) | 1.50x | 1.42x | 1.24x | 1.16x | 1.23x |
| Receivable days | 52 | 52 | 49 | 51 | 47 |
| Inventory days | 42 | 43 | 50 | 58 | 59 |
| Payable days | 15 | 17 | 15 | 19 | 28 |
| Interest cover | 186x | 216x | – | – | – |
| Debt ÷ equity | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x |
| Net debtDebt − cash & equivalents; excludes investments; negative = net cash | −105 | −133 | −188 | −278 | −371 |
| Current ratio | 13.4x | 12.2x | 14.6x | 20.9x | 19.3x |
Standardised figures from the company's XBRL filings with the SEC (10-K, 10-Q). Line items follow US GAAP tags, so a company's own statement layout may differ and some lines show “–” where the company does not report that item. Ratios are calculated from these figures. For education only; not investment advice or a recommendation.