Eagle Materials Inc. (EXP) Financial Ratios
30 years of historical data (1995–2024) · Basic Materials · Construction Materials
EV/EBITDA
↓
10.57
-8% vs avg
5yr avg: 11.54
30Y Low2.2·High26.7
P/FCF
↑
19.12
↑+25% vs avg
5yr avg: 15.33
30Y Low5.6·High49.9
P/B Ratio
↑
4.84
-6% vs avg
5yr avg: 5.15
30Y Low1.3·High7.3
ROE
↑
33.5%
-2% vs avg
5yr avg: 34.2%
30Y Low3%·High40%
Debt/EBITDA
↓
1.68
↓-0% vs avg
5yr avg: 1.69
30Y Low0.0·High4.4
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
EXP Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Eagle Materials Inc. trades at 15.2x earnings, roughly in line with its 5-year average of 15.8x, sitting at the 37th percentile of its historical range. Compared to the Basic Materials sector median P/E of 22.3x, the stock trades at a discount of 32%. On a free-cash-flow basis, the stock trades at 19.1x P/FCF, 25% above the 5-year average of 15.3x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $6.8B | $7.5B | $9.5B | $5.4B | $5.3B | $5.6B | $2.5B | $4.0B | $5.0B | $4.7B | $3.5B |
| Enterprise Value | $8.0B | $8.7B | $10.6B | $6.5B | $6.2B | $6.4B | $4.0B | $4.6B | $5.6B | $5.4B | $4.0B |
| P/E Ratio → | 15.23 | 16.12 | 19.97 | 11.78 | 14.04 | 17.04 | 34.77 | 57.35 | 19.52 | 23.69 | 22.99 |
| P/S Ratio | 2.99 | 3.30 | 4.22 | 2.53 | 2.82 | 3.46 | 1.70 | 2.84 | 3.62 | 3.88 | 3.07 |
| P/B Ratio | 4.84 | 5.13 | 7.29 | 4.59 | 4.63 | 4.14 | 2.55 | 3.27 | 3.54 | 3.90 | 3.37 |
| P/FCF | 19.12 | 21.14 | 21.50 | 12.60 | 11.86 | 9.54 | 9.25 | 21.81 | 24.37 | 17.10 | 19.92 |
| P/OCF | 12.31 | 13.61 | 16.91 | 10.04 | 10.16 | 8.74 | 6.19 | 11.29 | 14.85 | 14.17 | 13.21 |
P/E links to full P/E history page with 30-year chart
EXP EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Eagle Materials Inc.'s enterprise value stands at 10.6x EBITDA, 8% below its 5-year average of 11.5x. This is roughly in line with the Basic Materials sector median of 11.0x.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.86 | 4.70 | 3.05 | 3.34 | 3.95 | 2.73 | 3.33 | 4.06 | 4.44 | 3.51 |
| EV / EBITDA | 10.57 | 11.51 | 13.70 | 9.03 | 10.32 | 13.13 | 10.15 | 11.27 | 13.67 | 15.15 | 12.29 |
| EV / EBIT | 13.37 | 13.76 | 16.07 | 10.48 | 12.27 | 13.67 | 13.48 | 42.87 | 18.77 | 16.95 | 17.01 |
| EV / FCF | — | 24.69 | 23.95 | 15.16 | 14.01 | 10.88 | 14.84 | 25.57 | 27.34 | 19.58 | 22.77 |
EXP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Eagle Materials Inc. earns an operating margin of 26.5%, significantly above the Basic Materials sector average of 9.2%. Return on equity of 33.5% is exceptionally high. ROIC of 17.6% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.8% | 29.8% | 30.3% | 29.8% | 27.9% | 25.2% | 22.8% | 23.4% | 24.4% | 25.8% | 20.3% |
| Operating Margin | 26.5% | 26.5% | 27.7% | 27.3% | 25.4% | 22.1% | 19.1% | 20.8% | 21.5% | 21.7% | 20.1% |
| Net Profit Margin | 20.5% | 20.5% | 21.1% | 21.5% | 20.1% | 20.9% | 4.9% | 4.9% | 18.5% | 16.4% | 13.3% |
Return on Capital
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 33.5% | 33.5% | 38.3% | 39.8% | 30.0% | 29.2% | 6.5% | 5.2% | 19.6% | 17.7% | 14.9% |
| ROA | 14.9% | 14.9% | 16.7% | 17.2% | 13.8% | 11.7% | 2.8% | 3.0% | 11.1% | 9.6% | 8.1% |
| ROIC | 17.6% | 17.6% | 20.0% | 20.1% | 16.8% | 11.7% | 9.5% | 11.1% | 11.4% | 11.5% | 11.3% |
| ROCE | 20.9% | 20.9% | 23.7% | 23.7% | 18.8% | 13.1% | 11.6% | 13.8% | 14.1% | 13.9% | 13.3% |
EXP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Eagle Materials Inc. carries a Debt/EBITDA ratio of 1.7x, which is manageable (33% below the sector average of 2.5x). Net debt stands at $1.3B ($1.3B total debt minus $20M cash). Interest coverage of 14.2x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.88 | 0.88 | 0.86 | 0.94 | 0.86 | 0.77 | 1.67 | 0.57 | 0.44 | 0.57 | 0.49 |
| Debt / EBITDA | 1.68 | 1.68 | 1.44 | 1.55 | 1.62 | 2.15 | 4.13 | 1.68 | 1.51 | 1.93 | 1.55 |
| Net Debt / Equity | — | 0.86 | 0.83 | 0.93 | 0.84 | 0.58 | 1.55 | 0.56 | 0.43 | 0.56 | 0.48 |
| Net Debt / EBITDA | 1.66 | 1.66 | 1.40 | 1.53 | 1.59 | 1.61 | 3.83 | 1.66 | 1.49 | 1.92 | 1.54 |
| Debt / FCF | — | 3.55 | 2.45 | 2.56 | 2.16 | 1.33 | 5.60 | 3.76 | 2.97 | 2.48 | 2.85 |
| Interest Coverage | 14.18 | 14.18 | 14.45 | 16.45 | 15.30 | 8.08 | 7.22 | 10.19 | 10.77 | 11.63 | 13.83 |
EXP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Eagle Materials Inc.'s current ratio of 2.73x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 1.03x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory. The current ratio has improved from 2.45x to 2.73x over the past 3 years.
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.73 | 2.73 | 2.62 | 2.45 | 2.13 | 3.91 | 4.00 | 2.38 | 2.56 | 1.75 | 3.15 |
| Quick Ratio | 1.03 | 1.03 | 1.06 | 1.08 | 0.99 | 2.52 | 2.39 | 0.85 | 1.12 | 0.64 | 1.13 |
| Cash Ratio | 0.08 | 0.08 | 0.15 | 0.07 | 0.09 | 1.56 | 0.70 | 0.05 | 0.05 | 0.03 | 0.04 |
| Asset Turnover | — | 0.69 | 0.77 | 0.77 | 0.72 | 0.57 | 0.49 | 0.64 | 0.59 | 0.54 | 0.61 |
| Inventory Turnover | 3.82 | 3.82 | 4.21 | 5.17 | 5.67 | 5.15 | 4.11 | 3.88 | 4.06 | 3.56 | 3.74 |
| Days Sales Outstanding | — | 35.90 | 34.39 | 35.91 | 35.98 | 33.73 | 68.99 | 35.16 | 38.81 | 41.08 | 40.17 |
EXP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Eagle Materials Inc. returns 5.0% to shareholders annually — split between a 0.5% dividend yield and 4.5% buyback yield. The payout ratio of 7.3% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 6.6% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.5% | 0.5% | 0.4% | 0.7% | 0.6% | 0.1% | 0.7% | 0.5% | 0.4% | 0.4% | 0.6% |
| Payout Ratio | 7.3% | 7.3% | 7.4% | 8.1% | 8.2% | 1.2% | 24.2% | 27.5% | 7.6% | 9.8% | 13.1% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.6% | 6.2% | 5.0% | 8.5% | 7.1% | 5.9% | 2.9% | 1.7% | 5.1% | 4.2% | 4.4% |
| FCF Yield | 5.2% | 4.7% | 4.7% | 7.9% | 8.4% | 10.5% | 10.8% | 4.6% | 4.1% | 5.8% | 5.0% |
| Buyback Yield | 4.5% | 4.1% | 3.7% | 7.2% | 11.3% | 0.1% | 12.9% | 7.0% | 1.3% | 1.4% | 3.6% |
| Total Shareholder Yield | 5.0% | 4.5% | 4.1% | 7.9% | 11.9% | 0.1% | 13.6% | 7.5% | 1.7% | 1.8% | 4.2% |
| Shares Outstanding | — | $34M | $35M | $37M | $41M | $42M | $42M | $47M | $49M | $48M | $50M |
Peer Comparison
Compare EXP with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 EXPYou | $7B | 15.2 | 10.6 | 19.1 | 29.8% | 26.5% | 33.5% | 17.6% | 1.7 |
 MLM | $37B | 32.2 | 19.4 | 37.4 | 30.0% | 23.3% | 11.7% | 7.6% | 2.5 |
 VMC | $38B | 35.9 | 18.5 | 33.3 | 27.3% | 20.1% | 13.0% | 8.8% | 2.3 |
 CRH | $75B | 20.4 | 12.1 | 29.8 | 36.1% | 14.2% | 15.7% | 10.7% | 2.6 |
 USLM | $3B | 22.8 | 14.7 | 29.8 | 48.8% | 42.4% | 23.8% | 48.5% | 0.0 |
 AWI | $7B | 23.2 | 17.2 | 28.5 | 40.6% | 26.6% | 37.2% | 24.9% | 1.2 |
 AMWD | $603M | 6.4 | 5.4 | 9.2 | 17.9% | 8.2% | 10.9% | 7.8% | 2.6 |
 CAT | $421B | 48.0 | 33.7 | 41.0 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 |
 DE | $156B | 31.1 | 19.9 | 48.3 | 36.5% | 18.8% | 19.3% | 7.7% | 6.0 |
 URI | $59B | 24.2 | 10.5 | 88.4 | 35.4% | 24.7% | 28.4% | 12.4% | 2.3 |
 NUE | $53B | 30.9 | 13.9 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 |
| Basic Materials Median | — | 22.3 | 11.0 | 25.6 | 31.3% | 9.2% | 0.0% | 4.5% | 2.5 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
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Start ComparisonEXP — Frequently Asked Questions
Quick answers to the most common questions about buying EXP stock.
What is Eagle Materials Inc.'s P/E ratio?
Eagle Materials Inc.'s current P/E ratio is 15.2x. The historical average is 25.1x. This places it at the 37th percentile of its historical range.
What is Eagle Materials Inc.'s EV/EBITDA?
Eagle Materials Inc.'s current EV/EBITDA is 10.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.0x.
What is Eagle Materials Inc.'s ROE?
Eagle Materials Inc.'s return on equity (ROE) is 33.5%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 19.9%.
Is EXP stock overvalued?
Based on historical data, Eagle Materials Inc. is trading at a P/E of 15.2x. This is at the 37th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is Eagle Materials Inc.'s dividend yield?
Eagle Materials Inc.'s current dividend yield is 0.48% with a payout ratio of 7.3%.
What are Eagle Materials Inc.'s profit margins?
Eagle Materials Inc. has 29.8% gross margin and 26.5% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does Eagle Materials Inc. have?
Eagle Materials Inc.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.