United States Lime & Minerals, Inc. (USLM) SEC Filings & Earnings Calls
EquiReason read 9 United States Lime & Minerals, Inc. SEC filings in the last 12 months. Latest: 10-Q on 2026-07-30 — USLM reported Q2 2026 revenue of $99.1M (+8.3% YoY) and net income of $34.5M (+11.9% YoY), driven by volume and price increases..
Source: SEC EDGAR filings · figures as of 2026-06-30 · read by EquiReason
- Market cap
- 3.2B
- P/E TTM
- 23.9
- Dividend yield
- 0.2%
- 52-week
- —
- Next earnings
- 27 Oct, in 3 days
Every filing, read
last 12 months · SECWhat happened, the numbers inside, guidance and risks. The original is one click away.
30 Jul 202610-QUSLM reported Q2 2026 revenue of $99.1M (+8.3% YoY) and net income of $34.5M (+11.9% YoY), driven by volume and price increases.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q2-2026 | $99M | +8% y/y |
| Net income · Q2-2026 | $35M | +12% y/y |
| Gross profit · Q2-2026 | $47M | +12% y/y |
| Diluted EPS · Q2-2026 | $1.20 | +12% y/y |
| Operating cash flow · H1-2026 | $71M | -3% y/y |
| Capital expenditures · H1-2026 | $36M | +29% y/y |
| Cash and cash equivalents · 2026-06-30 | $403M |
Guidance
Anticipates data center projects supporting strong construction demand; new kiln coming online this summer.
Management expects data center projects to support construction demand and new kiln to come online, indicating positive outlook.
Risks flagged
Fuel and transportation cost pressure
“partially offset by higher fuel and transportation costs” · word for word
Demand variability from roof shingle customers
“partially offset by decreased demand from our roof shingle customers” · word for word
29 Jul 20268-K · 2.02Revenues $99M (+8% y/y); Gross profit $47M (+12% y/y); Net income $35M (+12% y/y)earningsopen
Figures in the filing · each found in the filing text
| Revenues · Q2-2026 | $99M | +8% y/y |
| Gross profit · Q2-2026 | $47M | +12% y/y |
| Net income · Q2-2026 | $35M | +12% y/y |
| Earnings per share, diluted · Q2-2026 | $1.20 | +12% y/y |
| Operating profit · Q2-2026 | $41M | +14% y/y |
| Cash dividend per share · Q2-2026 | $0.06 | 0% y/y |
Risks flagged
Higher fuel and transportation costs partially offset gross profit gains.
“Partially offset by higher fuel and transportation costs.” · word for word
Decreased demand from roof shingle customers partially offset growth.
“Partially offset by decreased demand from the Company’s roof shingle customers.” · word for word
30 Apr 202610-QRevenue $88M (-4% y/y); Net income $31M (-10% y/y); Diluted EPS $1.06 (-11% y/y); Guidance: No explicit numerical guidance providedopen
Figures in the filing · each found in the filing text
| Revenue · Q1-2026 | $88M | -4% y/y |
| Net income · Q1-2026 | $31M | -10% y/y |
| Diluted EPS · Q1-2026 | $1.06 | -11% y/y |
| Gross profit · Q1-2026 | $42M | -10% y/y |
| Capital expenditures · Q1-2026 | $18M | +23% y/y |
| Cash and cash equivalents · 2026-03-31 | $383M |
Guidance
No explicit numerical guidance provided
Management expressed optimism about the balance of the year, particularly construction demand, but acknowledged current headwinds.
Risks flagged
Demand concentration in cyclical end markets
“Revenue decline driven by decreased demand from construction, oil & gas, and roof shingle customers.”
Fuel and transportation cost volatility
“Higher fuel and transportation costs contributed to gross profit decline.”
Project execution risk on Texas kiln
“Texas kiln project estimated at $65M; $48.5M incurred, startup expected summer 2026.”
29 Apr 20268-K · 2.02Revenues $88M (-4% y/y); Gross profit $42M (-10% y/y); Net income $31M (-10% y/y)earningsopen
Figures in the filing · each found in the filing text
| Revenues · consolidated · Q1-2026 | $88M | -4% y/y |
| Gross profit · consolidated · Q1-2026 | $42M | -10% y/y |
| Net income · consolidated · Q1-2026 | $31M | -10% y/y |
| Diluted earnings per share · consolidated · Q1-2026 | $1.06 | -11% y/y |
Risks flagged
Demand weakness in construction, oil & gas, and roof shingle markets.
“decreased demand from the Company’s construction, oil and gas services, and roof shingle customers.” · word for word
Higher fuel and transportation costs pressuring margins.
“higher fuel and transportation costs.” · word for word
27 Mar 2026DEF 14AProxy statement disclosing executive compensation, strong financial performance (net income +23%, EBITDA +22%), and governance practices.open
Figures in the filing · each found in the filing text
| Net Income · FY2025 | $134M | +23% y/y |
| EBITDA · FY2025 | $197M | +22% y/y |
| Total Shareholder Return (Cumulative) · FY2025 | $536.00 | -10% y/y |
| CEO Total Compensation (SCT) · FY2025 | $8M | |
| CEO Compensation Actually Paid (CAP) · FY2025 | $7M | -58% y/y |
| CEO Base Salary · FY2025 | $575000.00 | +4% y/y |
| CEO EBITDA Bonus · FY2025 | $575000.00 | |
| CEO Discretionary Bonus · FY2025 | $800000.00 | |
| CEO Restricted Stock Grant (FY2025) · FY2025 | 47,500 | |
| CEO Restricted Stock Grant Value · FY2025 | $6M |
Risks flagged
Majority Shareholder Concentration
“Inberdon Enterprises Ltd. ... 17,653,780 ... 61.58%”
CEO Succession Risk
“The committee's goal remains to align Mr. Byrne's financial interests with those of our long-term shareholders, and to ensure that he is incentivized not to take actions that may benefit the company and its shareholders in the short-term at the expense of long-term corporate value creation and sustainability.” · word for word
Compensation Committee Independence
“Our compensation committee is currently composed of six independent directors, Messrs. Cardin (chairman), Doumet, Hawkins and Wolkenstein, and Mses. Duhé and Weirich.” · word for word
26 Feb 202610-KTotal revenues $373M (+17% y/y); Gross profit $182M (+27% y/y); Net income $134M (+23% y/y)open
Figures in the filing · each found in the filing text
| Total revenues · FY2025 | $373M | +17% y/y |
| Gross profit · FY2025 | $182M | +27% y/y |
| Net income · FY2025 | $134M | +23% y/y |
| Diluted EPS · FY2025 | $4.67 | +23% y/y |
| Operating cash flow · FY2025 | $165M | +31% y/y |
| Employees · FY2025 | 346 | +0% y/y |
Guidance
Expects strong continued demand from construction customers but notes weakness in roof shingle demand. New kiln startup in summer 2026. No formal guidance provided.
Risks flagged
Weather disruption
“In January 2026, much of North America experienced an expansive major winter storm which interrupted commerce in the areas we serve. Our plants did not sustain any damage from the storm, but product shipments were interrupted for a period of time.” · word for word
Roof shingle demand weakness
“we anticipate the weakness in demand we saw from our roof shingle customers in the fourth quarter 2025 will continue in early 2026.” · word for word
Energy cost volatility
“Our primary variable cost is energy. Prices for coal, petroleum coke, diesel, natural gas, electricity, transportation, and freight are volatile.” · word for word
2 Feb 20268-K · 2.02Revenues $88M (+10% y/y); Revenues $373M (+17% y/y); Gross profit $42M (+19% y/y); Guidance: Q1 2026: winter weather delays and continued weakness in roof shingle demand.earningsopen
Figures in the filing · each found in the filing text
| Revenues · Q4-2025 | $88M | +10% y/y |
| Revenues · FY2025 | $373M | +17% y/y |
| Gross profit · Q4-2025 | $42M | +19% y/y |
| Gross profit · FY2025 | $182M | +27% y/y |
| Net income · Q4-2025 | $31M | +13% y/y |
| Net income · FY2025 | $134M | +23% y/y |
| Earnings per share (diluted) · Q4-2025 | $1.06 | +13% y/y |
| Earnings per share (diluted) · FY2025 | $4.67 | +23% y/y |
Guidance
Q1 2026: winter weather delays and continued weakness in roof shingle demand.
CEO notes general shipment delays due to winter weather and continuing weakness in roof shingle demand in Q1 2026, but no formal guidance provided.
Risks flagged
Winter storm disruption in Q1 2026 may impact shipments and financial performance.
“January 2026 winter storm interrupted product shipments; impact on Q1 2026 not yet determined.”
Weakness in oil & gas services and roof shingle demand continues.
“Decreased demand from oil & gas services and roof shingle customers in Q4 and FY2025.”
30 Oct 202510-QUSLM reported strong Q3 and 9M 2025 results with revenue and profit growth driven by volume and price increases.earningsopen
Figures in the filing · each found in the filing text
| Revenue · Q3-2025 | $102M | +14% y/y |
| Revenue · 9M-2025 | $285M | +20% y/y |
| Gross Profit · Q3-2025 | $52M | +21% y/y |
| Gross Profit · 9M-2025 | $140M | +29% y/y |
| Net Income · Q3-2025 | $39M | +16% y/y |
| Net Income · 9M-2025 | $104M | +27% y/y |
| Diluted EPS · Q3-2025 | $1.35 | +16% y/y |
| Diluted EPS · 9M-2025 | $3.61 | +27% y/y |
| Operating Cash Flow · 9M-2025 | $119M | +37% y/y |
| Capital Expenditures · 9M-2025 | $43M | +161% y/y |
Guidance
ongoing data center construction demand being partially offset by softer demand from some of the other industries that we serve
Management expects ongoing data center demand but softer demand from other industries.
Risks flagged
Demand concentration and cyclicality
“inadequate demand and/or prices for the Company’s lime and limestone products due to increased competition from competitors, increasing competition for certain customer accounts, conditions in the U.S. economy, recessionary pressures in, and the impact of government policies” · word for word
Cost volatility
“volatile coal, petroleum coke, diesel, natural gas, electricity, and transportation costs and the consistent availability of trucks, truck drivers, and rail cars to deliver the Company’s products to its customers and solid fuels to its plants on a timely basis at competitive prices” · word for word
Project execution risk
“We estimate that the construction costs of the Texas kiln project will total approximately $65 million and be completed in 2026.” · word for word
29 Oct 20258-K · 2.02Revenues $102M (+14% y/y); Gross profit $52M (+21% y/y); Net income $39M (+16% y/y)earningsopen
Figures in the filing · each found in the filing text
| Revenues · Q3-2025 | $102M | +14% y/y |
| Gross profit · Q3-2025 | $52M | +21% y/y |
| Net income · Q3-2025 | $39M | +16% y/y |
| Diluted earnings per share · Q3-2025 | $1.35 | +16% y/y |
| Selling, general and administrative expenses · Q3-2025 | $6M | +19% y/y |
Risks flagged
Mixed demand outlook: Management anticipates softer demand from some industries, partially offsetting data center construction demand.
“'Looking ahead, we anticipate a more mixed demand picture, with ongoing data center construction demand being partially offset by softer demand from some of the other industries that we serve.'” · word for word
Oil & gas services customer demand decreased, indicating potential cyclical weakness in that end market.
“Sales volume to oil and gas services customers decreased in Q3 2025.”
United States Lime & Minerals, Inc. — questions
- What did United States Lime & Minerals, Inc. file recently?
- 9 SEC filings in the last 12 months. Latest: 10-Q on 2026-07-30 — USLM reported Q2 2026 revenue of $99.1M (+8.3% YoY) and net income of $34.5M (+11.9% YoY), driven by volume and price increases.
Every figure on this page comes from United States Lime & Minerals, Inc.'s own SEC filings — see them on SEC EDGAR. Price data is licensed and shown only inside the product.
How these figures are read: methodology · EquiReason.