USLMNasdaqMining & Quarrying of Nonmetallic Minerals (No Fuels)Fiscal year ends December 31
UNITED STATES LIME & MINERALS INC
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 30, 2026
$106.67+0.62 (+0.58%)
Close on Oct 19, 2026
- Market cap
- $3.07B
- P/E (TTM)
- 22.8
- Dividend yield
- 0.22%
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
48.9%+19.3 pts over 5 years
Operating margin
42.4%+21.3 pts over 5 years
Net margin
36.0%+18.5 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +17.3% | +16.4% | +18.3% | +11.0% | |
| Gross profit | +26.7% | +37.4% | +30.8% | +20.3% | |
| Operating income | +26.4% | +42.3% | +36.0% | +23.5% | |
| Net income | +23.4% | +43.5% | +36.6% | +26.4% | |
| EPS, diluted | +23.2% | +42.9% | +36.1% | +26.1% | |
| Free cash flow | +3.7% | +39.7% | +19.8% | +17.1% | |
| Dividend per share | +20.0% | +14.5% | +13.4% | +9.1% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | 10.3% | 12.3% | 23.8% | |
| Return on assets | 8.7% | 10.7% | 21.9% | |
| Current ratio | 11.53 | 10.70 | 19.27 | |
| Interest coverage | 95.4× | 136.6× | – | |
| Inventory turnover | 7.8× | 7.9× | 6.5× | |
| Capex to revenue | 12.7% | 10.7% | 16.8% | |
| Diluted shares | 28M | 28M | 29M |
Where the cash went
Fiscal 2021 to 2025, five years combined
United States Lime & Minerals generated $503.30M from operations and spent $215.35M on capital expenditure, dividends and share buybacks. 84% of that went back into the business.
Generated
$503.30M
Used
$215.35M
Capital expenditure$181.09M84%Dividends$25.30M12%Share buybacks$8.96M4%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin36.0%
×Asset turnover0.61×
×Equity multiplier1.08×
=Return on equity, FY202523.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 36.0% | 0.61× | 1.08× | 23.8% |
| FY2024 | 34.3% | 0.65× | 1.10× | 24.4% |
| FY2023 | 26.5% | 0.70× | 1.13× | 20.9% |
| FY2022 | 19.2% | 0.69× | 1.14× | 15.2% |
| FY2021 | 19.6% | 0.64× | 1.14× | 14.2% |
| FY2020 | 17.6% | 0.61× | 1.14× | 12.3% |
| FY2019 | 16.5% | 0.64× | 1.12× | 11.8% |
| FY2018 | 13.6% | 0.61× | 1.10× | 9.2% |
| FY2017 | 18.7% | 0.66× | 1.14× | 14.1% |
| FY2016 | 12.7% | 0.69× | 1.17× | 10.3% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
5of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$134.28M
- Cash generatingOperating cash flow above zero$164.97M
- Return on assets improvedROA up on the prior year24.7% → 24.7%
- Earnings backed by cashOperating cash flow above net income$164.97M vs $134.28M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose20.92 → 19.27
- No dilutionShare count did not rise29M → 29M
- Gross margin improvedGross margin up on the prior year45.32% → 48.94%
- More efficientAsset turnover rose0.72 → 0.69