Loading…
United States Lime & Minerals, Inc. manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; oil and gas services companies; roof shingle manufacturers; and poultry producers, as well as steel producers. In addition, the company has various royalty interests with respect to oil and gas rights in natural gas wells located in Johnson County, Texas in the Barnett Shale Formation. The company was incorporated in 1950 and is headquartered in Dallas, Texas. United States Lime & Minerals, Inc. is a subsidiary of Inberdon Enterprises Ltd.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $373M | $183M | $134M | $102M | 21.3% | 17.3% | 23.4% |
| 2024 | $318M | $149M | $109M | $99M | 21.9% | 12.9% | 46.0% |
| 2023 | $281M | $109M | $75M | $58M | 19.0% | 19.1% | 64.1% |
| 2022 | $236M | $77M | $45M | $38M | 14.1% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 236.15 | 281.33 | 317.72 | 372.73 |
| Operating Revenue | - | 236.15 | 281.33 | 317.72 | 372.73 |
| Cost Of Revenue | - | 165.81 | 178.46 | 173.74 | 190.33 |
| Gross Profit | - | 70.34 | 102.87 | 143.98 | 182.40 |
| Operating Expense | - | 15.56 | 17.44 | 19.06 | 24.54 |
| Selling General And Administration | - | 15.56 | 17.15 | 18.74 | 24.20 |
| Total Expenses | - | 181.37 | 195.91 | 192.80 | 214.87 |
| Operating Income | - | 54.78 | 85.42 | 124.92 | 157.86 |
| Total Operating Income As Reported | - | 54.78 | 85.42 | 124.92 | 157.86 |
| EBITDA | - | 76.98 | 109.25 | 149.09 | 183.08 |
| Normalized EBITDA | - | 76.98 | 109.25 | 149.09 | 183.08 |
| EBIT | - | 54.78 | 85.42 | 124.92 | 157.86 |
| Interest Income | 0.35 | 2.03 | - | - | - |
| Interest Expense | 0.25 | 0.25 | - | - | - |
| Net Interest Income | 0.10 | 1.78 | - | - | - |
| Other Non Operating Income Expenses | - | 1.78 | 7.94 | 11.46 | 13.16 |
| Other Income Expense | - | 1.78 | 7.94 | 11.46 | 13.16 |
| Interest Income Non Operating | 0.35 | 2.03 | - | - | - |
| Interest Expense Non Operating | 0.25 | 0.25 | - | - | - |
| Net Non Operating Interest Income Expense | 0.10 | 1.78 | - | - | - |
| Pretax Income | - | 56.56 | 93.36 | 136.38 | 171.02 |
| Tax Provision | - | 11.13 | 18.81 | 27.54 | 36.74 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Net Income From Continuing And Discontinued Operation | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Net Income From Continuing Operation Net Minority Interest | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Net Income | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Net Income Common Stockholders | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Net Income Including Noncontrolling Interests | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Normalized Income | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Diluted NI Availto Com Stockholders | - | 45.43 | 74.55 | 108.84 | 134.28 |
| Basic Average Shares | - | 28.36 | 28.46 | 28.57 | 28.64 |
| Diluted Average Shares | - | 28.40 | 28.54 | 28.68 | 28.73 |
| Reconciled Depreciation | - | 22.20 | 23.83 | 24.17 | 25.22 |
| Reconciled Cost Of Revenue | - | 165.81 | 154.93 | 149.89 | 165.45 |
| Total Unusual Items | 0 | 0 | - | - | - |
| Total Unusual Items Excluding Goodwill | 0 | 0 | - | - | - |
| Special Income Charges | 0 | 0 | - | - | - |
| Impairment Of Capital Assets | 0 | 0 | - | - | - |
| Depreciation Amortization Depletion Income Statement | - | - | 0.29 | 0.32 | 0.34 |
| Depreciation And Amortization In Income Statement | - | - | 0.29 | 0.32 | 0.34 |
| Depreciation Income Statement | - | - | 0.29 | 0.32 | 0.34 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| United States Lime & Minerals, Inc.this co. | USLM | $3.1B | 22.89 | 4.87 | 21.3% | 14.78 |
| NovaGold Resources Inc. | NG | $3.6B | -37.96 | 21.94 | -57.8% | -45.70 |
| Calumet, Inc. | CLMT | $3.3B | -96.45 | -4.45 | 4.6% | 23.49 |
| Perpetua Resources Corp. | PPTA | $3.1B | -31.20 | 28.77 | -92.2% | - |
| Avient Corporation | AVNT |
| 2021 | - | - | - | - | - | - | - |
| $3.1B |
| 38.23 |
| 1.32 |
| 3.4% |
| 11.66 |
| Titan America SA | TTAM | $2.9B | 15.90 | 2.85 | 17.9% | 8.44 |
| Worthington Steel, Inc. | WS | $2.2B | 19.64 | 2.02 | 10.3% | 10.69 |
| Ivanhoe Electric Inc. | IE | $2.1B | -20.12 | 5.12 | -25.4% | -16.90 |
| Innospec Inc. | IOSP | $2.0B | 17.04 | 1.50 | 8.8% | 8.74 |
| Peer Median | - | -2.11 | 2.44 | 4.0% | 8.74 | |