United States Lime & Minerals (USLM) Financials

$102.44 -1.88 (-1.80%)

Closing price 04:00 PM Eastern

Extended Trading

$102.46 +0.03 (+0.02%)

As of 05:30 PM Eastern

Annual Income Statements for United States Lime & Minerals

This table shows United States Lime & Minerals' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Income / (Loss) Attributable to Common Shareholders	13	18	27	20	26	28	37	45	75	109	134
Consolidated Net Income / (Loss)	13	18	27	20	26	28	37	45	75	109	134
Net Income / (Loss) Continuing Operations	13	18	27	20	26	28	37	45	75	109	134
Total Pre-Tax Income	17	24	25	22	31	34	47	57	93	136	171
Total Operating Income	19	23	24	20	29	34	46	55	85	125	158
Total Gross Profit	29	33	34	30	42	48	59	70	103	144	182
Total Revenue	131	139	145	144	158	161	189	236	281	318	373
Operating Revenue	131	139	145	144	158	161	189	236	281	318	373
Total Cost of Revenue	102	106	110	114	117	113	130	166	178	174	190
Operating Cost of Revenue	102	106	110	114	117	113	130	166	178	174	190
Total Operating Expenses	9.63	9.61	10	10	12	14	13	16	17	19	25
Selling, General & Admin Expense	9.63	9.61	10	10	12	12	13	16	17	19	25
Total Other Income / (Expense), net	-1.61	0.14	0.72	1.57	1.65	0.20	0.10	1.78	7.94	11	13
Other Income / (Expense), net	-0.57	0.38	0.96	1.81	1.90	0.45	0.10	1.78	7.94	11	13
Income Tax Expense	4.60	5.86	-2.21	1.88	4.84	5.85	9.47	11	19	28	37
Basic Earnings per Share	$2.30	$3.19	$4.87	$3.52	$4.64	$5.01	$6.55	$1.60	$2.62	$3.81	$4.69
Weighted Average Basic Shares Outstanding	5.60M	5.57M	5.58M	5.60M	5.63M	5.65M	5.67M	5.68M	5.71M	28.62M	28.67M
Diluted Earnings per Share	$2.30	$3.19	$4.86	$3.51	$4.64	$5.00	$6.54	$1.60	$2.61	$3.79	$4.67
Weighted Average Diluted Shares Outstanding	5.60M	5.57M	5.58M	5.60M	5.63M	5.65M	5.67M	5.68M	5.71M	28.62M	28.67M
Weighted Average Basic & Diluted Shares Outstanding	5.60M	5.57M	5.58M	5.60M	5.63M	5.65M	5.67M	5.68M	5.71M	28.62M	28.67M
Cash Dividends to Common per Share	$0.50	$0.50	$0.54	$0.54	$5.89	$0.64	$0.64	$0.80	$0.16	$0.20	$0.24

This table shows United States Lime & Minerals' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Income / (Loss) Attributable to Common Shareholders	21	17	22	26	33	27	34	31	39	31	31
Consolidated Net Income / (Loss)	21	17	22	26	33	27	34	31	39	31	31
Net Income / (Loss) Continuing Operations	21	17	22	26	33	27	34	31	39	31	31
Total Pre-Tax Income	26	21	28	33	41	34	43	39	50	40	39
Total Operating Income	24	19	26	30	38	31	40	36	46	36	36
Total Gross Profit	28	24	31	35	43	35	46	42	52	42	42
Total Revenue	75	66	72	77	89	80	91	92	102	88	88
Operating Revenue	75	66	72	77	89	80	91	92	102	88	88
Total Cost of Revenue	47	42	41	42	46	45	45	50	50	46	46
Operating Cost of Revenue	47	42	41	42	46	45	45	50	50	46	46
Total Operating Expenses	4.36	4.62	4.85	4.88	4.98	4.35	6.26	6.19	5.93	6.16	5.97
Selling, General & Admin Expense	4.36	4.62	4.85	4.88	4.98	4.35	6.26	6.19	5.93	6.16	5.97
Total Other Income / (Expense), net	2.20	2.41	2.54	2.79	3.06	3.07	3.09	3.10	3.42	3.55	3.23
Other Income / (Expense), net	2.20	2.41	2.54	2.79	3.06	3.07	3.09	3.10	3.42	3.55	3.23
Income Tax Expense	5.26	4.38	5.86	6.67	7.85	7.17	8.87	7.96	11	9.02	8.43
Basic Earnings per Share	$0.73	$2.98	$0.79	$0.91	$1.17	$0.94	$1.19	$1.08	$1.35	$1.07	$1.07
Weighted Average Basic Shares Outstanding	5.70M	5.71M	5.71M	28.59M	28.59M	28.62M	28.63M	28.64M	28.64M	28.67M	28.68M
Diluted Earnings per Share	$0.73	$2.98	$0.78	$0.91	$1.16	$0.94	$1.19	$1.07	$1.35	$1.07	$1.06
Weighted Average Diluted Shares Outstanding	5.70M	5.71M	5.71M	28.59M	28.59M	28.62M	28.63M	28.64M	28.64M	28.67M	28.68M
Weighted Average Basic & Diluted Shares Outstanding	5.70M	5.71M	5.71M	28.59M	28.59M	28.62M	28.63M	28.64M	28.64M	28.67M	28.68M
Cash Dividends to Common per Share	$0.20	$0.20	$0.25	$0.05	$0.05	$0.05	$0.06	$0.06	$0.06	$0.06	$0.06

This table details how cash moves in and out of United States Lime & Minerals' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Net Change in Cash & Equivalents	1.59	15	10	-18	-13	29	22	28	55	90	93
Net Cash From Operating Activities	32	38	34	39	47	59	56	64	92	126	165
Net Cash From Continuing Operating Activities	32	38	34	39	47	59	56	64	92	126	165
Net Income / (Loss) Continuing Operations	13	18	27	20	26	28	37	45	75	109	134
Consolidated Net Income / (Loss)	13	18	27	20	26	28	37	45	75	109	134
Depreciation Expense	16	16	17	18	18	20	21	22	24	24	25
Amortization Expense	0.03	0.01	0.02	0.01	0.01	0.01	0.01	0.00	0.02	0.03	0.02
Non-Cash Adjustments To Reconcile Net Income	1.24	1.66	1.78	2.11	2.89	3.93	2.25	2.32	3.55	4.94	8.72
Changes in Operating Assets and Liabilities, net	2.31	2.28	-11	-0.68	0.44	6.81	-4.51	-5.59	-9.68	-12	-3.26
Net Cash From Investing Activities	-11	-18	-21	-53	-27	-25	-30	-31	-32	-27	-62
Net Cash From Continuing Investing Activities	-11	-18	-21	-53	-27	-25	-30	-31	-32	-27	-62
Purchase of Property, Plant & Equipment	-11	-18	-21	-54	-27	-17	-30	-27	-34	-27	-63
Sale of Property, Plant & Equipment	0.45	0.21	0.59	0.61	0.56	0.33	0.29	1.29	2.29	0.56	0.21
Net Cash From Financing Activities	-20	-5.56	-3.25	-3.36	-33	-4.08	-4.27	-5.18	-5.72	-9.10	-9.39
Net Cash From Continuing Financing Activities	-20	-5.56	-3.25	-3.36	-33	-4.08	-4.27	-5.18	-5.72	-9.10	-9.39
Repurchase of Common Equity	-0.40	-2.93	-0.31	-0.41	-0.44	-0.56	-0.73	-0.77	-1.27	-3.51	-2.68
Payment of Dividends	-2.80	-2.78	-3.01	-3.02	-33	-3.60	-3.62	-4.54	-4.55	-5.72	-6.87
Other Financing Activities, net	0.03	0.16	0.07	0.07	0.08	0.08	0.08	0.12	0.11	0.13	0.16

This table details how cash moves in and out of United States Lime & Minerals' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
Net Change in Cash & Equivalents	20	12	19	16	33	23	23	19	30	22	12
Net Cash From Operating Activities	24	28	27	21	39	39	39	34	46	46	32
Net Cash From Continuing Operating Activities	24	28	27	21	39	39	39	34	46	46	32
Net Income / (Loss) Continuing Operations	21	17	22	26	33	27	34	31	39	31	31
Consolidated Net Income / (Loss)	21	17	22	26	33	27	34	31	39	31	31
Depreciation Expense	5.97	6.04	6.05	5.96	6.11	6.04	6.14	6.20	6.16	6.73	6.60
Amortization Expense	0.01	0.01	0.00	-	-	0.03	0.01	-	0.01	-	0.01
Non-Cash Adjustments To Reconcile Net Income	0.75	1.23	1.15	1.19	1.21	1.40	2.44	2.16	2.21	1.92	1.85
Changes in Operating Assets and Liabilities, net	-3.05	3.29	-2.48	-12	-1.62	4.15	-3.26	-5.15	-1.22	6.37	-6.98
Net Cash From Investing Activities	-3.16	-14	-6.67	-4.26	-5.10	-11	-15	-13	-15	-20	-18
Net Cash From Continuing Investing Activities	-3.16	-14	-6.67	-4.26	-5.10	-11	-15	-13	-15	-20	-18
Purchase of Property, Plant & Equipment	-5.11	-14	-6.82	-4.40	-5.15	-11	-15	-13	-15	-20	-18
Sale of Property, Plant & Equipment	1.95	0.11	0.16	0.14	0.05	0.21	0.00	0.24	0.04	-0.07	0.28
Net Cash From Financing Activities	-1.14	-2.32	-1.47	-1.43	-1.43	-4.77	-1.98	-1.72	-1.72	-3.97	-1.96
Net Cash From Continuing Financing Activities	-1.14	-2.32	-1.47	-1.43	-1.43	-4.77	-1.98	-1.72	-1.72	-3.97	-1.96
Repurchase of Common Equity	-	-1.18	-0.17	-	-	-3.34	-0.42	-	-	-2.26	-0.37
Payment of Dividends	-1.14	-1.14	-1.43	-1.43	-1.43	-1.43	-1.72	-1.72	-1.72	-1.72	-1.72
Other Financing Activities, net	-	-	0.13	-	-	-	0.16	-	-	-	0.13

This table presents United States Lime & Minerals' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Total Assets	196	210	228	245	247	279	316	368	441	543	681
Total Current Assets	92	105	118	101	93	124	150	190	255	355	455
Cash & Equivalents	60	75	85	67	54	84	105	133	188	278	371
Accounts Receivable	16	17	16	20	23	23	27	34	38	44	48
Inventories, net	15	12	14	13	13	15	15	20	24	28	31
Prepaid Expenses	1.42	1.11	3.00	1.69	2.14	2.25	3.24	3.44	4.64	5.08	5.35
Plant, Property, & Equipment, net	104	105	110	143	151	152	162	172	180	183	221
Plant, Property & Equipment, gross	272	286	300	348	370	388	414	442	470	493	555
Accumulated Depreciation	167	181	191	206	220	236	251	270	290	310	333
Total Noncurrent Assets	0.16	0.14	0.71	0.55	3.62	2.64	3.59	5.81	5.84	5.49	4.31
Other Noncurrent Operating Assets	0.16	0.14	0.71	0.55	3.62	2.64	3.59	5.81	5.84	5.49	4.31
Total Liabilities & Shareholders' Equity	196	210	228	245	247	279	316	368	441	543	681
Total Liabilities	30	31	23	22	30	36	38	47	47	45	50
Total Current Liabilities	8.74	9.11	9.36	7.96	9.46	12	11	16	17	17	24
Accounts Payable	6.02	5.59	6.26	4.57	4.43	4.59	5.43	7.73	7.40	8.82	15
Accrued Expenses	2.72	3.52	3.10	3.39	3.74	5.81	4.86	6.40	8.51	6.54	7.47
Other Current Liabilities	-	-	-	-	1.29	1.19	0.90	1.41	1.58	1.60	1.64
Total Noncurrent Liabilities	21	21	14	14	20	24	27	31	30	28	27
Noncurrent Deferred & Payable Income Tax Liabilities	19	20	12	12	17	22	23	26	25	24	23
Other Noncurrent Operating Liabilities	1.95	1.58	1.46	1.38	3.23	2.79	3.75	5.57	5.35	4.80	3.65
Total Equity & Noncontrolling Interests	167	180	205	223	217	243	278	321	393	498	631
Total Preferred & Common Equity	167	180	205	223	217	243	278	321	393	498	631
Total Common Equity	167	180	205	223	217	243	278	321	393	498	631
Common Stock	22	23	25	27	28	30	32	35	38	44	52
Retained Earnings	195	210	234	251	244	268	302	343	412	516	643
Other Equity Adjustments	-50	-53	-54	-	-	-	-	-57	-58	-	-64

This table presents United States Lime & Minerals' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024	Q1 2025	Q2 2025	Q3 2025	Q1 2026
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024	3/31/2025	6/30/2025	9/30/2025	3/31/2026
Total Assets	356	388	402	424	464	484	522	585	607	653	714
Total Current Assets	182	211	222	246	279	300	338	388	403	440	476
Cash & Equivalents	123	148	156	176	207	223	255	301	320	350	383
Accounts Receivable	40	38	41	44	42	46	53	56	54	59	58
Inventories, net	18	22	22	24	26	27	28	28	26	29	31
Prepaid Expenses	2.16	2.83	2.82	2.25	4.00	3.47	2.75	4.07	3.55	2.80	4.38
Plant, Property, & Equipment, net	169	171	175	172	180	178	178	192	199	208	232
Plant, Property & Equipment, gross	434	446	455	457	474	477	483	508	521	535	571
Accumulated Depreciation	265	274	280	284	295	299	305	316	322	327	339
Total Noncurrent Assets	4.47	5.75	5.73	5.60	5.45	6.76	5.51	5.11	4.75	4.61	5.48
Other Noncurrent Operating Assets	4.47	5.75	5.73	5.60	5.45	6.76	5.51	5.11	4.75	4.61	5.48
Total Liabilities & Shareholders' Equity	356	388	402	424	464	484	522	585	607	653	714
Total Liabilities	44	50	45	46	49	43	48	53	44	51	53
Total Current Liabilities	15	19	15	16	19	14	19	25	19	23	23
Accounts Payable	7.14	8.83	7.51	8.07	6.98	7.19	8.50	9.23	11	12	12
Accrued Expenses	6.47	8.68	5.60	6.44	11	5.38	8.67	15	5.86	9.61	9.64
Other Current Liabilities	1.07	1.20	1.46	1.49	1.52	1.51	1.53	1.60	1.59	1.64	1.62
Total Noncurrent Liabilities	30	31	31	30	29	29	29	28	26	27	30
Noncurrent Deferred & Payable Income Tax Liabilities	25	25	25	25	24	24	24	23	21	23	26
Other Noncurrent Operating Liabilities	4.55	5.73	5.43	5.16	5.01	4.74	5.01	4.57	4.21	3.98	3.27
Total Equity & Noncontrolling Interests	311	338	357	378	415	441	474	532	563	602	661
Total Preferred & Common Equity	311	338	357	378	415	441	474	532	563	602	661
Total Common Equity	311	338	357	378	415	441	474	532	563	602	661
Common Stock	34	36	37	38	40	41	42	46	48	50	54
Retained Earnings	333	358	377	397	434	458	490	548	577	614	672
Treasury Stock	-	-57	-57	-57	-58	-58	-	-62	-62	-62	-64

This table displays calculated financial ratios and metrics derived from United States Lime & Minerals' official financial filings.

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025
Period end date	12/31/2015	12/31/2016	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024	12/31/2025
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-12.68%	6.45%	3.99%	-0.28%	9.58%	1.53%	17.77%	24.78%	19.13%	12.94%	17.31%
EBITDA Growth	-18.42%	15.73%	4.32%	-5.56%	23.69%	10.59%	25.00%	16.82%	48.81%	37.01%	22.22%
EBIT Growth	-32.55%	28.88%	5.53%	-13.39%	42.79%	10.20%	35.54%	21.59%	65.06%	46.08%	25.39%
NOPAT Growth	-31.08%	25.45%	49.40%	-30.77%	35.09%	13.76%	31.76%	19.03%	55.02%	46.16%	24.33%
Net Income Growth	-33.46%	37.78%	52.91%	-27.49%	32.36%	8.32%	31.26%	22.63%	64.10%	46.00%	23.37%
EPS Growth	-33.72%	38.70%	52.35%	-27.78%	32.19%	7.76%	30.80%	22.63%	64.10%	45.21%	23.22%
Operating Cash Flow Growth	1.63%	16.47%	-9.42%	12.99%	21.37%	24.60%	-4.93%	15.58%	43.34%	36.59%	30.91%
Free Cash Flow Firm Growth	24.48%	-4.76%	-43.14%	-256.12%	201.72%	78.45%	-24.13%	22.76%	74.20%	67.66%	-1.30%
Invested Capital Growth	-5.60%	-1.66%	14.61%	29.52%	4.57%	-1.99%	8.28%	8.59%	9.29%	7.10%	18.17%
Revenue Q/Q Growth	-3.04%	2.11%	0.75%	-0.42%	2.15%	1.92%	2.78%	5.44%	2.70%	4.74%	2.16%
EBITDA Q/Q Growth	-5.51%	5.21%	0.08%	-0.64%	4.10%	5.35%	1.52%	5.70%	7.77%	8.66%	3.19%
EBIT Q/Q Growth	-11.15%	9.10%	1.23%	-4.37%	5.17%	7.83%	2.11%	7.25%	9.48%	10.34%	3.26%
NOPAT Q/Q Growth	-10.48%	9.84%	38.57%	-28.21%	3.58%	10.13%	0.92%	5.43%	8.27%	10.51%	2.68%
Net Income Q/Q Growth	-10.08%	10.14%	39.33%	-27.19%	3.01%	8.71%	0.98%	7.54%	9.08%	10.11%	2.72%
EPS Q/Q Growth	-10.51%	10.38%	39.26%	-27.33%	3.11%	8.46%	0.93%	7.54%	9.08%	9.54%	2.41%
Operating Cash Flow Q/Q Growth	1.98%	7.55%	-4.60%	-8.13%	9.13%	11.07%	-8.40%	16.01%	8.38%	9.59%	4.40%
Free Cash Flow Firm Q/Q Growth	24.97%	2.24%	-24.30%	-1,436.43%	975.55%	41.11%	-25.07%	25.84%	0.71%	17.66%	-3.59%
Invested Capital Q/Q Growth	-3.42%	-2.44%	7.38%	14.41%	0.58%	-3.39%	1.57%	-0.55%	1.89%	0.24%	2.72%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	21.95%	23.76%	23.74%	21.11%	26.33%	29.61%	31.31%	29.79%	36.56%	45.32%	48.94%
EBITDA Margin	26.43%	28.73%	28.82%	27.30%	30.81%	33.56%	35.63%	33.35%	41.66%	50.54%	52.65%
Operating Margin	14.59%	16.86%	16.73%	13.85%	18.48%	21.08%	24.53%	23.20%	30.36%	39.32%	42.35%
EBIT Margin	14.15%	17.13%	17.39%	15.10%	19.68%	21.36%	24.58%	23.95%	33.19%	42.93%	45.88%
Profit (Net Income) Margin	9.85%	12.75%	18.74%	13.63%	16.46%	17.56%	19.57%	19.24%	26.50%	34.26%	36.03%
Tax Burden Percent	73.71%	75.17%	108.84%	91.27%	84.32%	82.83%	79.64%	80.32%	79.85%	79.80%	78.52%
Interest Burden Percent	94.41%	98.97%	99.04%	98.89%	99.22%	99.28%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	26.29%	24.83%	-8.84%	8.73%	15.68%	17.17%	20.36%	19.68%	20.15%	20.20%	21.48%
Return on Invested Capital (ROIC)	12.81%	16.68%	23.42%	13.23%	15.48%	17.40%	22.24%	24.41%	34.73%	46.93%	51.71%
ROIC Less NNEP Spread (ROIC-NNEP)	15.14%	16.53%	22.44%	11.35%	13.18%	17.15%	22.15%	23.21%	30.78%	43.01%	48.53%
Return on Net Nonoperating Assets (RNNOA)	-4.79%	-6.43%	-9.31%	-4.03%	-3.64%	-5.14%	-8.03%	-9.25%	-13.85%	-22.50%	-27.92%
Return on Equity (ROE)	8.02%	10.25%	14.11%	9.19%	11.84%	12.26%	14.21%	15.16%	20.88%	24.44%	23.80%
Cash Return on Invested Capital (CROIC)	18.56%	18.36%	9.81%	-12.49%	11.01%	19.41%	14.28%	16.17%	25.85%	40.07%	35.06%
Operating Return on Assets (OROA)	9.34%	11.74%	11.48%	9.22%	12.67%	13.05%	15.63%	16.54%	23.10%	27.73%	27.94%
Return on Assets (ROA)	6.50%	8.73%	12.38%	8.32%	10.60%	10.73%	12.45%	13.28%	18.44%	22.13%	21.94%
Return on Common Equity (ROCE)	8.02%	10.25%	14.11%	9.19%	11.84%	12.26%	14.21%	15.16%	20.88%	24.44%	23.80%
Return on Equity Simple (ROE_SIMPLE)	7.73%	9.88%	13.23%	8.83%	12.00%	11.61%	13.32%	14.15%	18.96%	21.87%	0.00%
Net Operating Profit after Tax (NOPAT)	14	18	26	18	25	28	37	44	68	100	124
NOPAT Margin	10.75%	12.67%	18.20%	12.64%	15.58%	17.46%	19.53%	18.63%	24.25%	31.38%	33.25%
Net Nonoperating Expense Percent (NNEP)	-2.33%	0.15%	0.98%	1.88%	2.30%	0.24%	0.09%	1.20%	3.95%	3.93%	3.18%
Return On Investment Capital (ROIC_SIMPLE)	8.44%	9.83%	12.85%	8.19%	11.36%	11.54%	13.29%	13.70%	17.35%	20.03%	19.65%
Cost of Revenue to Revenue	78.05%	76.24%	76.26%	78.89%	73.67%	70.39%	68.69%	70.21%	63.44%	54.68%	51.06%
SG&A Expenses to Revenue	7.36%	6.90%	7.01%	7.26%	7.27%	7.57%	6.79%	6.59%	6.20%	6.00%	6.58%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	7.36%	6.90%	7.01%	7.26%	7.85%	8.54%	6.79%	6.59%	6.20%	6.00%	6.58%
Earnings before Interest and Taxes (EBIT)	19	24	25	22	31	34	47	57	93	136	171
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	35	40	42	39	49	54	67	79	117	161	196
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.33	0.42	0.38	0.33	0.45	0.52	0.52	0.49	0.67	7.62	5.43
Price to Tangible Book Value (P/TBV)	0.33	0.42	0.38	0.33	0.45	0.52	0.52	0.49	0.67	7.62	5.43
Price to Revenue (P/Rev)	0.42	0.55	0.54	0.51	0.62	0.78	0.76	0.67	0.93	11.94	9.20
Price to Earnings (P/E)	4.29	4.30	2.89	3.71	3.79	4.46	3.89	3.49	3.51	34.85	25.53
Dividend Yield	5.07%	3.65%	3.84%	4.14%	33.47%	26.77%	2.52%	2.86%	1.74%	0.45%	0.20%
Earnings Yield	23.33%	23.27%	34.65%	26.99%	26.38%	22.40%	25.74%	28.66%	28.48%	2.87%	3.92%
Enterprise Value to Invested Capital (EV/IC)	0.00	0.02	0.00	0.04	0.27	0.27	0.22	0.13	0.36	16.00	11.77
Enterprise Value to Revenue (EV/Rev)	0.00	0.01	0.00	0.04	0.28	0.26	0.20	0.11	0.26	11.06	8.20
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.04	0.00	0.15	0.91	0.79	0.57	0.32	0.63	21.89	15.57
Enterprise Value to EBIT (EV/EBIT)	0.00	0.07	0.00	0.26	1.43	1.24	0.83	0.44	0.79	25.78	17.87
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.09	0.00	0.31	1.80	1.51	1.04	0.57	1.08	35.26	24.66
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.04	0.00	0.15	0.95	0.72	0.69	0.39	0.80	27.90	18.53
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.08	0.00	0.00	2.54	1.36	1.63	0.86	1.45	41.30	36.38
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.32	-0.39	-0.42	-0.36	-0.28	-0.30	-0.36	-0.40	-0.45	-0.52	-0.58
Leverage Ratio	1.23	1.17	1.14	1.10	1.12	1.14	1.14	1.14	1.13	1.10	1.08
Compound Leverage Factor	1.16	1.16	1.13	1.09	1.11	1.13	1.14	1.14	1.13	1.10	1.08
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	3.98	4.48	5.03	4.79	4.82	4.92	5.22	5.06	6.60	53.60	44.35
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	10.52	11.53	12.61	12.73	9.80	10.70	13.45	12.23	14.58	20.92	19.27
Quick Ratio	8.67	10.05	10.84	10.90	8.16	9.19	11.80	10.75	12.92	18.98	17.73
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	20	19	11	-17	18	31	24	29	51	85	84
Operating Cash Flow to CapEx	295.13%	216.81%	165.25%	72.87%	177.12%	348.62%	187.95%	252.20%	288.63%	469.21%	264.02%
Free Cash Flow to Firm to Interest Expense	19.69	78.96	45.82	-70.95	71.88	126.20	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	31.36	153.85	142.25	159.40	192.67	236.19	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	20.74	82.89	56.17	-59.35	83.89	168.44	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.66	0.69	0.66	0.61	0.64	0.61	0.64	0.69	0.70	0.65	0.61
Accounts Receivable Turnover	7.85	8.53	8.71	8.01	7.44	7.00	7.62	7.83	7.85	7.75	8.11
Inventory Turnover	7.25	7.82	8.50	8.64	8.89	7.91	8.57	9.56	8.13	6.68	6.50
Fixed Asset Turnover	1.23	1.33	1.35	1.14	1.08	1.06	1.20	1.41	1.60	1.75	1.84
Accounts Payable Turnover	18.26	18.29	18.64	21.04	25.91	25.08	25.93	25.20	23.59	21.42	16.31
Days Sales Outstanding (DSO)	46.50	42.81	41.90	45.58	49.06	52.16	47.92	46.61	46.48	47.12	45.00
Days Inventory Outstanding (DIO)	50.33	46.68	42.92	42.27	41.06	46.14	42.57	38.19	44.88	54.62	56.18
Days Payable Outstanding (DPO)	19.99	19.95	19.58	17.35	14.09	14.56	14.07	14.48	15.47	17.04	22.38
Cash Conversion Cycle (CCC)	76.83	69.54	65.24	70.50	76.04	83.74	76.42	70.31	75.89	84.70	78.81
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	107	105	120	156	163	160	173	188	205	220	260
Invested Capital Turnover	1.19	1.32	1.29	1.05	0.99	1.00	1.14	1.31	1.43	1.50	1.56
Increase / (Decrease) in Invested Capital	-6.33	-1.77	15	35	7.12	-3.24	13	15	17	15	40
Enterprise Value (EV)	-4.70	1.59	-6.64	5.72	45	42	39	25	74	3,515	3,056
Market Capitalization	55	76	78	73	99	126	144	159	262	3,793	3,427
Book Value per Share	$29.76	$32.28	$36.81	$39.83	$38.69	$43.19	$49.17	$56.59	$68.97	$17.41	$22.02
Tangible Book Value per Share	$29.76	$32.28	$36.81	$39.83	$38.69	$43.19	$49.17	$56.59	$68.97	$17.41	$22.02
Total Capital	167	180	205	223	217	243	278	321	393	498	631
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-60	-75	-85	-67	-54	-84	-105	-133	-188	-278	-371
Capital Expenditures (CapEx)	11	17	21	53	27	17	30	26	32	27	62
Debt-free, Cash-free Net Working Capital (DFCFNWC)	23	21	24	26	29	29	34	41	50	60	61
Debt-free Net Working Capital (DFNWC)	83	96	109	93	83	112	139	174	237	338	432
Net Working Capital (NWC)	83	96	109	93	83	112	139	174	237	338	432
Net Nonoperating Expense (NNE)	1.18	-0.10	-0.78	-1.43	-1.39	-0.17	-0.08	-1.43	-6.34	-9.15	-10
Net Nonoperating Obligations (NNO)	-60	-75	-85	-67	-54	-84	-105	-133	-188	-278	-371
Total Depreciation and Amortization (D&A)	16	16	17	18	18	20	21	22	24	24	25
Debt-free, Cash-free Net Working Capital to Revenue	17.80%	15.23%	16.33%	18.12%	18.33%	17.95%	17.91%	17.39%	17.60%	18.82%	16.25%
Debt-free Net Working Capital to Revenue	63.61%	68.87%	75.02%	64.66%	52.61%	69.95%	73.57%	73.87%	84.41%	106.33%	115.82%
Net Working Capital to Revenue	63.61%	68.87%	75.02%	64.66%	52.61%	69.95%	73.57%	73.87%	84.41%	106.33%	115.82%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$2.30	$3.19	$4.87	$3.52	$4.64	$5.01	$6.55	$8.01	$13.10	$3.81	$4.69
Adjusted Weighted Average Basic Shares Outstanding	5.56M	5.58M	5.59M	5.61M	5.63M	5.65M	5.67M	5.68M	5.71M	28.62M	28.67M
Adjusted Diluted Earnings per Share	$2.30	$3.19	$4.86	$3.51	$4.64	$5.00	$6.54	$8.00	$13.06	$3.79	$4.67
Adjusted Weighted Average Diluted Shares Outstanding	5.56M	5.58M	5.59M	5.61M	5.63M	5.65M	5.67M	5.68M	5.71M	28.62M	28.67M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	5.56M	5.58M	5.59M	5.61M	5.63M	5.65M	5.67M	5.68M	5.71M	28.62M	28.67M
Normalized Net Operating Profit after Tax (NOPAT)	14	18	17	18	25	29	37	44	68	100	124
Normalized NOPAT Margin	10.75%	12.67%	11.71%	12.64%	16.08%	18.26%	19.53%	18.63%	24.25%	31.38%	33.25%
Pre Tax Income Margin	13.36%	16.96%	17.22%	14.93%	19.52%	21.20%	24.58%	23.95%	33.19%	42.93%	45.88%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	17.87	97.01	104.50	89.76	127.64	138.39	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	13.58	71.75	109.41	75.13	101.07	113.12	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	7.25	26.05	18.42	-129.00	18.86	70.64	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	2.95	0.79	23.33	-143.63	-7.71	45.37	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	21.71%	15.67%	11.10%	15.35%	126.87%	12.77%	9.77%	9.98%	6.11%	5.25%	5.12%
Augmented Payout Ratio	24.84%	32.16%	12.24%	17.44%	128.58%	14.74%	11.75%	11.67%	7.82%	8.48%	7.11%

This table displays calculated financial ratios and metrics derived from United States Lime & Minerals' official financial filings.

Metric	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024	Q1 2025	Q2 2025	Q3 2025	Q4 2025	Q1 2026
Period end date	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024	3/31/2025	6/30/2025	9/30/2025	12/31/2025	3/31/2026
DEI Shares Outstanding	-	-	-	-	-	-	-	-	-	-	28,670,056.00
DEI Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	28,670,056.00
DEI Earnings Per Adjusted Shares Outstanding	-	-	-	-	-	-	-	-	-	-	1.07
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	12.67%	12.69%	7.35%	3.46%	19.43%	21.87%	27.29%	19.56%	14.08%	9.84%	-3.75%
EBITDA Growth	26.50%	44.48%	26.41%	26.34%	47.95%	46.64%	43.00%	16.27%	18.06%	15.08%	-7.15%
EBIT Growth	32.90%	60.77%	32.57%	32.83%	58.47%	59.77%	51.90%	18.52%	20.58%	15.83%	-9.24%
NOPAT Growth	23.95%	52.83%	28.49%	30.61%	62.66%	62.85%	55.01%	19.00%	16.97%	13.21%	-11.40%
Net Income Growth	31.84%	57.45%	31.19%	32.19%	60.87%	58.76%	52.03%	18.32%	16.28%	13.19%	-10.35%
EPS Growth	31.84%	57.45%	30.67%	32.19%	58.90%	-68.46%	52.56%	17.58%	16.38%	13.83%	-10.92%
Operating Cash Flow Growth	13.19%	34.88%	31.60%	7.99%	59.98%	39.99%	45.15%	60.55%	17.65%	18.02%	-18.69%
Free Cash Flow Firm Growth	296.39%	52.79%	-78.14%	31.66%	103.38%	524.65%	248.74%	-43.28%	-80.38%	-221.30%	-318.49%
Invested Capital Growth	6.67%	9.29%	9.47%	8.72%	8.87%	7.10%	11.16%	11.34%	15.31%	18.17%	20.05%
Revenue Q/Q Growth	1.21%	-12.27%	9.13%	6.78%	16.83%	-10.47%	13.98%	0.29%	11.47%	-13.80%	-0.12%
EBITDA Q/Q Growth	4.42%	-14.20%	25.23%	12.62%	22.27%	-14.96%	22.12%	-8.44%	24.16%	-17.11%	-1.46%
EBIT Q/Q Growth	5.52%	-17.76%	32.36%	15.64%	25.89%	-17.08%	25.83%	-9.77%	28.08%	-20.35%	-1.40%
NOPAT Q/Q Growth	3.99%	-20.54%	35.42%	16.71%	29.52%	-20.45%	28.90%	-10.40%	27.31%	-23.01%	0.88%
Net Income Q/Q Growth	5.18%	-18.01%	31.99%	16.12%	28.00%	-19.08%	26.39%	-9.62%	25.79%	-21.23%	0.11%
EPS Q/Q Growth	5.18%	-18.01%	31.54%	16.12%	27.47%	-18.97%	26.60%	-10.08%	26.17%	-20.74%	-0.93%
Operating Cash Flow Q/Q Growth	24.35%	12.98%	-1.49%	-21.98%	84.22%	-1.14%	2.14%	-13.70%	35.00%	-0.82%	-29.63%
Free Cash Flow Firm Q/Q Growth	33.61%	-136.78%	202.46%	161.46%	106.38%	-23.20%	-15.85%	-57.48%	-28.62%	-574.89%	-51.57%
Invested Capital Q/Q Growth	0.14%	1.89%	1.55%	4.93%	0.28%	0.24%	5.40%	5.10%	3.85%	2.72%	7.07%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	37.60%	35.91%	42.70%	45.49%	48.21%	44.26%	50.58%	45.76%	51.16%	47.96%	47.54%
EBITDA Margin	42.70%	41.76%	47.92%	50.54%	52.90%	50.25%	53.84%	49.15%	54.75%	52.64%	51.93%
Operating Margin	31.79%	28.88%	35.93%	39.11%	42.65%	38.83%	43.72%	39.00%	45.35%	40.95%	40.74%
EBIT Margin	34.72%	32.55%	39.48%	42.75%	46.07%	42.67%	47.11%	42.38%	48.70%	44.99%	44.42%
Profit (Net Income) Margin	27.69%	25.88%	31.30%	34.04%	37.30%	33.71%	37.38%	33.69%	38.02%	34.74%	34.82%
Tax Burden Percent	79.75%	79.51%	79.29%	79.62%	80.96%	79.01%	79.36%	79.49%	78.07%	77.21%	78.39%
Interest Burden Percent	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Effective Tax Rate	20.25%	20.49%	20.71%	20.38%	19.04%	20.99%	20.64%	20.51%	21.93%	22.79%	21.61%
Return on Invested Capital (ROIC)	35.60%	32.89%	40.92%	42.87%	49.81%	45.89%	53.20%	47.27%	54.74%	49.17%	46.29%
ROIC Less NNEP Spread (ROIC-NNEP)	34.43%	31.69%	39.78%	41.70%	48.66%	44.84%	52.24%	46.36%	53.85%	48.33%	45.55%
Return on Net Nonoperating Assets (RNNOA)	-14.94%	-14.26%	-18.73%	-19.78%	-24.64%	-23.46%	-27.99%	-25.04%	-30.24%	-27.80%	-26.10%
Return on Equity (ROE)	20.66%	18.63%	22.19%	23.09%	25.17%	22.43%	25.22%	22.23%	24.49%	21.37%	20.19%
Cash Return on Invested Capital (CROIC)	25.85%	25.85%	27.46%	28.97%	34.41%	40.07%	39.86%	39.25%	36.93%	35.06%	29.01%
Operating Return on Assets (OROA)	24.39%	22.65%	26.53%	27.86%	29.55%	27.56%	30.28%	27.35%	30.25%	27.40%	25.25%
Return on Assets (ROA)	19.45%	18.01%	21.04%	22.18%	23.92%	21.78%	24.03%	21.74%	23.62%	21.15%	19.80%
Return on Common Equity (ROCE)	20.66%	18.63%	22.19%	23.09%	25.17%	22.43%	25.22%	22.23%	24.49%	21.37%	20.19%
Return on Equity Simple (ROE_SIMPLE)	18.10%	0.00%	19.23%	19.55%	20.84%	0.00%	22.64%	0.00%	0.00%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	19	15	20	24	31	25	32	28	36	28	28
NOPAT Margin	25.35%	22.96%	28.49%	31.14%	34.53%	30.68%	34.69%	31.00%	35.40%	31.62%	31.94%
Net Nonoperating Expense Percent (NNEP)	1.17%	1.19%	1.14%	1.17%	1.15%	1.04%	0.97%	0.91%	0.88%	0.85%	0.74%
Return On Investment Capital (ROIC_SIMPLE)	5.03%	3.84%	4.92%	5.40%	6.51%	4.93%	5.95%	5.04%	6.00%	4.41%	4.24%
Cost of Revenue to Revenue	62.40%	64.09%	57.30%	54.51%	51.79%	55.74%	49.42%	54.24%	48.84%	52.04%	52.46%
SG&A Expenses to Revenue	5.82%	7.03%	6.76%	6.38%	5.56%	5.44%	6.86%	6.76%	5.81%	7.01%	6.80%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	5.82%	7.03%	6.76%	6.38%	5.56%	5.44%	6.86%	6.76%	5.81%	7.01%	6.80%
Earnings before Interest and Taxes (EBIT)	26	21	28	33	41	34	43	39	50	40	39
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	32	27	34	39	47	40	49	45	56	46	46
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.60	0.67	0.82	0.94	5.88	7.62	4.75	5.07	6.26	5.43	5.66
Price to Tangible Book Value (P/TBV)	0.60	0.67	0.82	0.94	5.88	7.62	4.75	5.07	6.26	5.43	5.66
Price to Revenue (P/Rev)	0.83	0.93	1.19	1.44	9.20	11.94	7.50	8.11	10.33	9.20	10.14
Price to Earnings (P/E)	3.33	3.51	4.25	4.81	28.22	34.85	20.99	22.80	28.82	25.53	28.64
Dividend Yield	2.00%	1.74%	1.43%	1.24%	0.77%	0.45%	0.46%	0.22%	0.17%	0.20%	0.18%
Earnings Yield	29.99%	28.48%	23.52%	20.77%	3.54%	2.87%	4.76%	4.39%	3.47%	3.92%	3.49%
Enterprise Value to Invested Capital (EV/IC)	0.26	0.36	0.64	0.88	11.56	16.00	9.62	10.42	13.52	11.77	12.09
Enterprise Value to Revenue (EV/Rev)	0.19	0.26	0.46	0.67	8.36	11.06	6.61	7.20	9.37	8.20	9.10
Enterprise Value to EBITDA (EV/EBITDA)	0.47	0.63	1.07	1.45	17.15	21.89	12.71	13.96	17.97	15.57	17.44
Enterprise Value to EBIT (EV/EBIT)	0.61	0.79	1.32	1.78	20.51	25.78	14.75	16.14	20.64	17.87	20.12
Enterprise Value to NOPAT (EV/NOPAT)	0.82	1.08	1.82	2.46	28.10	35.26	20.09	21.97	28.32	24.66	27.93
Enterprise Value to Operating Cash Flow (EV/OCF)	0.61	0.80	1.34	1.92	22.04	27.90	16.12	16.78	21.63	18.53	21.33
Enterprise Value to Free Cash Flow (EV/FCFF)	1.02	1.45	2.42	3.17	35.04	41.30	25.42	27.97	39.22	36.38	45.48
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to Equity	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Financial Leverage	-0.43	-0.45	-0.47	-0.47	-0.51	-0.52	-0.54	-0.54	-0.56	-0.58	-0.57
Leverage Ratio	1.13	1.13	1.13	1.11	1.11	1.10	1.11	1.09	1.09	1.08	1.09
Compound Leverage Factor	1.13	1.13	1.13	1.11	1.11	1.10	1.11	1.09	1.09	1.08	1.09
Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%	100.00%
Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to EBITDA	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Long-Term Debt to NOPAT	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Altman Z-Score	5.76	6.06	6.98	8.64	38.10	52.98	31.48	41.71	47.63	43.72	45.43
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	15.40	14.58	14.49	21.29	18.10	20.92	15.29	21.75	19.02	19.27	20.73
Quick Ratio	13.77	12.92	12.95	19.10	16.47	18.98	14.04	20.18	17.66	17.73	19.21
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	6.40	-2.35	2.41	6.30	13	9.99	8.41	3.58	2.55	-12	-18
Operating Cash Flow to CapEx	771.70%	202.73%	407.42%	497.58%	765.84%	356.44%	265.58%	261.03%	314.26%	228.05%	177.54%
Free Cash Flow to Firm to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.70	0.70	0.67	0.65	0.64	0.65	0.64	0.65	0.62	0.61	0.57
Accounts Receivable Turnover	6.55	7.85	7.11	6.64	6.26	7.75	6.89	7.00	6.50	8.11	6.49
Inventory Turnover	8.59	8.13	7.40	6.91	6.64	6.68	6.63	7.02	6.70	6.50	6.54
Fixed Asset Turnover	1.60	1.60	1.63	1.64	1.73	1.75	1.82	1.87	1.89	1.84	1.74
Accounts Payable Turnover	23.38	23.59	22.36	23.36	20.67	21.42	21.93	20.31	18.56	16.31	18.27
Days Sales Outstanding (DSO)	55.71	46.48	51.33	54.99	58.34	47.12	52.99	52.16	56.12	45.00	56.28
Days Inventory Outstanding (DIO)	42.51	44.88	49.32	52.79	54.96	54.62	55.01	51.99	54.47	56.18	55.77
Days Payable Outstanding (DPO)	15.61	15.47	16.32	15.63	17.66	17.04	16.65	17.97	19.67	22.38	19.98
Cash Conversion Cycle (CCC)	82.61	75.89	84.33	92.16	95.64	84.70	91.35	86.18	90.92	78.81	92.07
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	201	205	208	219	219	220	232	243	253	260	278
Invested Capital Turnover	1.40	1.43	1.44	1.38	1.44	1.50	1.53	1.53	1.55	1.56	1.45
Increase / (Decrease) in Invested Capital	13	17	18	18	18	15	23	25	34	40	46
Enterprise Value (EV)	52	74	133	193	2,535	3,515	2,229	2,536	3,418	3,056	3,361
Market Capitalization	228	262	340	415	2,790	3,793	2,530	2,856	3,768	3,427	3,745
Book Value per Share	$66.33	$68.97	$72.74	$77.26	$16.58	$17.41	$18.60	$19.67	$21.03	$22.02	$23.06
Tangible Book Value per Share	$66.33	$68.97	$72.74	$77.26	$16.58	$17.41	$18.60	$19.67	$21.03	$22.02	$23.06
Total Capital	378	393	415	441	474	498	532	563	602	631	661
Total Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Long-Term Debt	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Net Debt	-176	-188	-207	-223	-255	-278	-301	-320	-350	-371	-383
Capital Expenditures (CapEx)	3.16	14	6.67	4.26	5.10	11	15	13	15	20	18
Debt-free, Cash-free Net Working Capital (DFCFNWC)	54	50	53	63	65	60	62	65	68	61	70
Debt-free Net Working Capital (DFNWC)	230	237	260	285	320	338	363	385	417	432	453
Net Working Capital (NWC)	230	237	260	285	320	338	363	385	417	432	453
Net Nonoperating Expense (NNE)	-1.75	-1.92	-2.01	-2.22	-2.48	-2.43	-2.45	-2.46	-2.67	-2.74	-2.53
Net Nonoperating Obligations (NNO)	-176	-188	-207	-223	-255	-278	-301	-320	-350	-371	-383
Total Depreciation and Amortization (D&A)	5.98	6.05	6.06	5.96	6.11	6.07	6.14	6.20	6.17	6.73	6.60
Debt-free, Cash-free Net Working Capital to Revenue	19.74%	17.60%	18.39%	21.81%	21.34%	18.82%	18.47%	18.45%	18.54%	16.25%	18.99%
Debt-free Net Working Capital to Revenue	84.11%	84.41%	90.70%	98.85%	105.41%	106.33%	107.61%	109.27%	114.33%	115.82%	122.74%
Net Working Capital to Revenue	84.11%	84.41%	90.70%	98.85%	105.41%	106.33%	107.61%	109.27%	114.33%	115.82%	122.74%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.64	$2.98	$3.93	$0.91	$1.17	$0.94	$1.19	$1.08	$1.35	$1.07	$1.07
Adjusted Weighted Average Basic Shares Outstanding	5.70M	5.71M	5.71M	28.59M	28.59M	28.62M	28.63M	28.64M	28.64M	28.67M	28.68M
Adjusted Diluted Earnings per Share	$3.63	$2.98	$3.92	$0.91	$1.16	$0.94	$1.19	$1.07	$1.35	$1.07	$1.06
Adjusted Weighted Average Diluted Shares Outstanding	5.70M	5.71M	5.71M	28.59M	28.59M	28.62M	28.63M	28.64M	28.64M	28.67M	28.68M
Adjusted Basic & Diluted Earnings per Share	$0.00	$2.98	$0.00	$0.00	$0.00	$0.94	$0.00	$0.00	$0.00	$1.07	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	5.70M	5.71M	5.71M	28.59M	28.59M	28.62M	28.63M	28.64M	28.64M	28.67M	28.68M
Normalized Net Operating Profit after Tax (NOPAT)	19	15	20	24	31	25	32	28	36	28	28
Normalized NOPAT Margin	25.35%	22.96%	28.49%	31.14%	34.53%	30.68%	34.69%	31.00%	35.40%	31.62%	31.94%
Pre Tax Income Margin	34.72%	32.55%	39.48%	42.75%	46.07%	42.67%	47.11%	42.38%	48.70%	44.99%	44.42%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
EBIT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
NOPAT Less CapEx to Interest Expense	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	6.66%	6.11%	6.06%	5.96%	5.49%	5.25%	4.99%	5.03%	5.04%	5.12%	5.26%
Augmented Payout Ratio	7.80%	7.82%	7.75%	7.52%	6.85%	8.48%	8.11%	8.03%	7.91%	7.11%	7.27%

Financials Breakdown Chart

Key Financial Trends

Here are the top takeaways from United States Lime & Minerals (USLM) based on the last four years of quarterly income statements, cash flow statements, and balance sheets. The items are ordered with positive factors first, then neutral, then negative.

Revenue growth: Operating revenue rose from about $58.3 million in Q4 2022 to about $87.9 million in Q4 2025, a clear top-line expansion.
Net income growth: Net income increased from about $10.8 million in Q4 2022 to about $30.5 million in Q4 2025, with the latest quarter delivering a solid net margin around 35%.
Strong operating cash flow: Net cash from continuing operating activities hovered in the mid-to-high $30s to mid $40s millions per quarter in 2025 (for example, Q3 2025 was $45.94 million, Q4 2025 was $45.56 million).
Solid balance sheet and liquidity: Total equity around $600 million in 2025, large retained earnings (about $614 million by Q3 2025), and a healthy cash balance (Cash & Equivalents around $349.5 million in Q3 2025) with relatively low leverage.
Shareholder returns: Quarterly cash dividends of $0.06 per share in 2025 provide a steady income stream (annualized roughly $0.24 per share).
Earnings per share trend higher: Diluted EPS tracks upward in 2025 (range roughly $1.07–$1.35 across quarters, with Q3 2025 at $1.35 and Q1 2025 at $1.19), reflecting improving profitability.
Capital expenditures: Ongoing capex in the range of approximately $13–$20 million per quarter drives negative investing cash flow as the company invests in plant, property and equipment.
Financing outflows: Modest negative cash flow from financing activities due to dividends and occasional buybacks, which reduces cash on hand but aligns with a shareholder-friendly policy.
Quarterly earnings volatility: Notable quarter-to-quarter fluctuations in EPS (for example, diluted EPS around $1.35 in Q3 2025 vs about $1.07 in Q4 2025) suggest earnings can be uneven on a quarterly basis.
Investing cash outflows could pressure near-term liquidity if operating cash flow slows or capex accelerates beyond cash generation, given ongoing negative investing cash flow.

05/19/26 10:12 PM ETAI Generated. May Contain Errors.

United States Lime & Minerals Financials - Frequently Asked Questions

According to the most recent income statement we have on file, United States Lime & Minerals' financial year ends in December. Their financial year 2025 ended on December 31, 2025.

United States Lime & Minerals' net income appears to be on an upward trend, with a most recent value of $134.28 million in 2025, rising from $12.89 million in 2015. The previous period was $108.84 million in 2024. Find out what analysts predict for United States Lime & Minerals in the coming months.

United States Lime & Minerals' total operating income in 2025 was $157.86 million, based on the following breakdown:

Total Gross Profit: $182.40 million
Total Operating Expenses: $24.54 million

Over the last 10 years, United States Lime & Minerals' total revenue changed from $130.84 million in 2015 to $372.73 million in 2025, a change of 184.9%.

United States Lime & Minerals' total liabilities were at $50.28 million at the end of 2025, a 10.7% increase from 2024, and a 68.3% increase since 2015.

In the past 10 years, United States Lime & Minerals' cash and equivalents has ranged from $54.26 million in 2019 to $371.12 million in 2025, and is currently $371.12 million as of their latest financial filing in 2025.

Over the last 10 years, United States Lime & Minerals' book value per share changed from 29.76 in 2015 to 22.02 in 2025, a change of -26.0%.

Related Companies

Financial statements for NASDAQ:USLM last updated on 5/3/2026 by MarketBeat.com Staff. New filings and market data are monitored continuously.

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United States Lime & Minerals (USLM) Financials

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United States Lime & Minerals (USLM) Financials

Annual Income Statements for United States Lime & Minerals

Quarterly Income Statements for United States Lime & Minerals

Annual Cash Flow Statements for United States Lime & Minerals

Quarterly Cash Flow Statements for United States Lime & Minerals

Annual Balance Sheets for United States Lime & Minerals

Quarterly Balance Sheets for United States Lime & Minerals

Annual Metrics And Ratios for United States Lime & Minerals

Quarterly Metrics And Ratios for United States Lime & Minerals

Financials Breakdown Chart

Key Financial Trends

United States Lime & Minerals Financials - Frequently Asked Questions

When does United States Lime & Minerals' fiscal year end?

How has United States Lime & Minerals' net income changed over the last 10 years?

What is United States Lime & Minerals' operating income?

How has United States Lime & Minerals' revenue changed over the last 10 years?

How much debt does United States Lime & Minerals have?

How much cash does United States Lime & Minerals have?

How has United States Lime & Minerals' book value per share changed over the last 10 years?

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