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EXPEagle Materials Inc.
$183.16$5.6B
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
Live BreakoutsStock ScreenerOwnership
EXP logo

Eagle Materials Inc.

EXP
NYSE · Construction Materials
$183.16
At close - Sep 22, 4:00 PM EDT - USD
Market Cap$5.62B
P/E14.0x
52W High$245.53
Volume555.88K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q1

Debt-Funded Expansion Pressures Margins Amid Cyclical Demand

Eagle Materials is navigating a mature infrastructure cycle with revenue growth decelerating to 2.6% YoY in 2026Q1, while gross margins contracted to 24.8% from 29.2% a year earlier, reflecting input cost pressures and fading operating leverage. The company ha...

GrowthDecelerating
ProfitabilityStable
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

EXP price & volume

Price trend, volume and key moving averages

Launch Terminal
Loading chart...
Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

5/12 Beats

EPS beat 5 of last 12 quarters

02

Valuation risk

-41% Peers

P/E is 41% below peer median

03

Market leadership

RS 28 · Lag

Laggard (Underperforming 72% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystEstimated earnings · Oct 29
01

Build the investment case

Start with the evidence for owning the stock and the risks that can break the thesis.

EXECUTIVE THESIS

The Investment Case

Full Analysis
Fundamental Trajectory

Revenue growth slowed to 2.6% YoY in 2026Q1, while gross margin contracted to 24.8% from 29.2% a year earlier, and operating income fell 14.4% YoY to $141.0M, indicating negative operating leverage.

Analyst Consensus+16.3% target
Buy(25 analysts)
15 Buy10 Hold0 Sell

The Bull Case

Upside Catalysts

Bullish analyst coverage

Multiple bullish theses on Eagle Materials Inc. have been published by investment research platforms like Stock Analysis Compilation and Special Situation Investing.

Diversified construction materials portfolio

Eagle Materials operates in key construction sectors including cement, gypsum wallboard, concrete, aggregates, and recycled paperboard.

Transparent investor relations

The company maintains a dedicated Investor Relations website with comprehensive business information for stakeholders and analysts.

The Bear Case

Key Downside Risks

Market performance

Price History →

Trailing total returns as of 9/23/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
EXP-13.02%
S&P 500 (^GSPC)+13.20%
1-Year Return
EXP-19.27%
S&P 500 (^GSPC)+15.98%
3-Year Return
EXP+14.56%
S&P 500 (^GSPC)+84.58%
5-Year Return
EXP+41.10%
S&P 500 (^GSPC)+77.81%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
14.0x
Forward P/E
14.2x
EV/EBITDA20th %ile
9.8x
FCF YieldCash Flow
3.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
14.0x
14.4x
20th· Low
EV/EBITDA
9.8x
10.3x
20th· Low
Price/FCF
28.5x
21.1x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$136.84-25.3%
Base (Fair)$236.73+33.9%
Bull$373.85+104.1%
$136.84 Bear$236.73 Base$373.85 Bull
Current Market Price: $183.16
Trades at a 22.6% discount to Base DCF ($236.73)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue
$2.31B+2.1% YoY
Net income
$424M-8.5% YoY
Free cash flow
$197M-44.1% YoY
Operating margin
24.3%-2.2 pts YoY
ROIC (TTM)14.8%
Avg ROIC 5Y-
ROE (TTM)28.9%
Piotroski Score5 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate5/12 (42%)
Revenue Beat Rate6/12 (50%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 29, 2026
$3.29-2.4%
vs $3.37
$651M+4.9%
vs $620M
Q2 2026
May 19, 2026
$1.91+20.1%
vs $1.59
$479M+6.0%
vs $452M
Q1 2026
Jan 29, 2026
$3.22-3.0%
vs $3.32
$556M+0.4%
vs $554M
Q4 2025
Oct 30, 2025
$4.23-2.8%
vs $4.35
$639M+0.5%
vs $636M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

5 Stories
247 Wallst·Sep 9, 2026
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Abercrombie & Fitch, Affirm Holdings, Eagle Materials, Klarna Group, Martin Marietta Materials, Oklo, Qualcomm, Robinhood Markets, Ulta Beauty, and More

Stocks took a beating Tuesday as surging oil prices and looming inflation data rattled every corner of the market, and now Wall Street analysts are reshuffling their calls on names ranging from nuclear energy upstart Oklo to retail giants Abercrombie and Ulta Beauty.

Defense World·Sep 1, 2026
Canada Pension Plan Investment Board Invests $1.37 Million in Eagle Materials Inc $EXP

Canada Pension Plan Investment Board acquired a new position in shares of Eagle Materials Inc (NYSE: EXP) during the undefined quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,100 shares of the construction company's stock, valued at approximately $1,372,000. Other hedge funds and other institutional investors have

The Motley Fool·Aug 28, 2026
Company Insider Sells Over 3,000 Shares of Materials Stock, Valued at $627,000

The transaction involved 3,074 shares with a total estimated value of ~$627,000 as of the August 24, 2026 transaction date. The transaction size was equal to 23% of the direct equity stake held prior to the filing.

247 Wallst·Aug 25, 2026
Here Are Tuesday’s Top Wall Street Analyst Research Calls: Advanced Micro Devices, Dynatrace, Five Below, Fortune Brands, Klarna Group, Jersey Mike’s Subs, Moderna, Sherwin-Williams, and More

Wall Street is making bold moves Tuesday, upgrading AMD and shaking up fintech names like Klarna and Shift4 while fresh initiations hit Fortune Brands and Jersey Mike's. Find out which stocks analysts are backing and which they are walking away from.

Filtered for Eagle Materials Inc.More Headlines
04

Compare before deciding

Benchmark EXP against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Eagle Materials Inc. (EXP)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
EXP logoEXPEagle Materials Inc.Current
$183.16$5.62B13.962.13%18.36%28.91%0.56%
MLM logoMLMMartin Marietta Materials, Inc.
$499.34$29.98B26.560.12%36.81%23.11%—
VMC logoVMCVulcan Materials Company
$247.87$32.16B30.536.94%13.82%13.07%—
CRH logoCRHCRH plc
$88.04$58.83B15.989.01%9.35%22.44%—
USLM logoUSLMUnited States Lime & Minerals, Inc.
$113.78$3.26B24.3617.31%35.66%20.76%—
AWI logoAWIArmstrong World Industries, Inc.
$163.81$6.92B23.1412.11%18.6%35.36%—

Compare EXP vs Peers

Eagle Materials Inc. (EXP) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MLM

Most directly comparable listed peer for EXP.

Scale Benchmark

vs CAT

Larger-name benchmark to compare EXP against a more recognizable public peer.

Peer Set

Compare Top 5

vs MLM, VMC, CRH, USLM

05

Keep researching

Verify the primary filings, follow material updates, and answer the remaining questions.

EXP SEC Filings & Documents

Eagle Materials Inc. (EXP) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 31, 2026·SEC

Material company update

Jul 29, 2026·SEC

Material company update

May 28, 2026·SEC

10-K Annual Reports

3
FY 2026

May 19, 2026·SEC

FY 2025

May 20, 2025·SEC

FY 2024

May 22, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 29, 2026·SEC

FY 2026

Jan 29, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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EXP Frequently Asked Questions

Eagle Materials Inc. (EXP) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Eagle Materials Inc.'s revenue?

Eagle Materials Inc. (EXP) reported $2.32B in revenue for fiscal year 2025. This represents a 871% increase from $239.4M in 1996.

How fast is Eagle Materials Inc. growing?

Eagle Materials Inc. (EXP) grew revenue by 2.1% over the past year. Growth has been modest.

Is EXP profitable?

Yes, Eagle Materials Inc. (EXP) is profitable, generating $402.6M in net income for fiscal year 2025 (18.4% net margin).

Dividend & Returns
Does EXP pay dividends?

Yes, Eagle Materials Inc. (EXP) pays a dividend with a yield of 0.56%. This makes it attractive for income-focused investors.

What is EXP's return on equity?

Eagle Materials Inc. (EXP) has a return on equity (ROE) of 28.9%. This is excellent, indicating efficient use of shareholder capital.

What is Eagle Materials Inc.'s free cash flow?

Eagle Materials Inc. (EXP) generated $170.5M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

What if you invested $1,000 in EXP back in 1996?

Total return calculator · dividends reinvested · 30+ years of data

See returns →