Building materials

16 companies · $108B combined revenue · $15.0B operating profit

The typical US-listed building materials company grew revenue 3.9% and earnings 1% in its latest year, at a 16.1% operating margin, and 4 of 16 earn a return on capital above 15%. Figures from each company's latest annual filing with the SEC, refreshed daily.

3.9%Median revenue growth
1%Median earnings growth
4.6%Median revenue growth, 3 yrs
6.3%Median earnings growth, 3 yrs
16.1%Median operating margin
8.5%Median ROCE

Growth engines: the 4 Cylinders

All four working: 14% of companies

A company's earnings per share can grow in only four ways: more sales, profits growing faster than sales (operating leverage), wider margins, and less debt. Each bar is the share of companies where that engine worked in their latest year.

  • Sales growth · Revenue up 10% or more25%
  • Operating leverage · Operating income growing faster than a growing revenue43%
  • Margin expansion · Operating margin up 1 point or more25%
  • Debt reduction · Debt down 5% or more, or net cash38%

Combined revenue · 15 companies reporting in US dollars

Revenue
$0$50B$100B$150BFY21FY22FY23FY24FY25

Combined operating margin

Operating margin
0%5%10%15%20%FY21FY22FY23FY24FY25

All 16 companies

Median–3.9%1%16.1%8.5%0.62x
CRHCRH Public$37.4B5.3%▲7.5%▲14.5%▼11%▲0.73x▼
MLMMartin Marietta Materials$6.2B8.6%▲-43%▼23.4%▲8.1%▼0.53x▲
TECKTECK ResourcesCAD 10.8B18.7%▲279%▲20.9%▲5.5%▼0.16x▲
VMCVulcan Materials$7.9B7.1%▲18.1%▲20.4%▲10.3%▲0.51x▲
AMRZAmrize$11.8B0.9%▼-7%▼16.1%▲8.9%▲0.40x▲
SQMChemical & Mining CO of Chile$4.6B1%▼-7.4%▼23.2%▲8.3%▼1.12x▼
JHXJames Hardie Industries$4.8B24.7%▲-75.5%▼9.3%▼3.6%▼0.71x▼
CXCemex Sab de CV$16.1B0.4%▼1%6.2%▼4.7%▼0.42x▲
HLHecla Mining$1.4B53%▲799%▲36.2%▲15.5%▲0.10x▲
OCOwens Corning$10.1B2.6%▼-181%▼3.6%▼3.5%▼1.23x▼
EXPEagle Materials$2.3B2.1%▼-8.5%▼25.5%▲16.4%▲1.19x▼
USLMUnited States Lime & Minerals$373M17.3%▲23.4%▲42.4%▲24%▲0.00x▲
KNFKnife River$3.1B8.5%▲-22.1%▼9.1%▼8.7%▲0.71x▼
LEUCentrus Energy$449M1.5%▼6.3%▲11.2%▼2.5%▼1.54x▼
TTAMTitan America$1.7B1.8%▼11.7%▲16.1%▼15.8%▲0.38x▲
UUUUEnergy Fuels$66M-15.6%▼–-153%▼-7.3%▼1.00x▼

▲ better than the median, ▼ worse. n/a: the ratio doesn't apply to that kind of business (e.g. a bank's operating margin). Sort by any column. Figures from each company's latest 10-K (or 20-F/40-F).