Eagle Materials Inc. (EXP) Financial Ratios
30 years of historical data (1996–2025) · Basic Materials · Construction Materials
EV/EBITDA
↑
14.09
↑+24% vs avg
5yr avg: 11.40
30Y Low2.2·High26.7
P/FCF
↑
35.20
↑+81% vs avg
5yr avg: 19.46
30Y Low5.6·High49.9
P/B Ratio
↓
4.79
-7% vs avg
5yr avg: 5.14
30Y Low1.3·High7.3
ROE
↓
28.9%
-15% vs avg
5yr avg: 34.1%
30Y Low3%·High40%
Debt/EBITDA
↑
3.00
↑+61% vs avg
5yr avg: 1.86
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 17.1x earnings, 12% above its 5-year average of 15.3x, sitting at the 50th percentile of its historical range. Compared to the Basic Materials sector median P/E of 23.6x, the stock trades at a discount of 27%. On a free-cash-flow basis, the stock trades at 35.2x P/FCF, 81% above the 5-year average of 19.5x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $7.0B | $6.0B | $7.5B | $9.5B | $5.4B | $5.3B | $5.6B | $2.5B | $4.0B | $5.0B | $4.7B |
| Enterprise Value | $8.4B | $7.5B | $8.7B | $10.6B | $6.5B | $6.2B | $6.4B | $4.0B | $4.6B | $5.6B | $5.4B |
| P/E Ratio → | 17.12 | 14.44 | 16.12 | 19.97 | 11.78 | 14.04 | 17.04 | 34.77 | 57.35 | 19.52 | 23.69 |
| P/S Ratio | 3.01 | 2.58 | 3.30 | 4.22 | 2.53 | 2.82 | 3.46 | 1.70 | 2.84 | 3.62 | 3.88 |
| P/B Ratio | 4.79 | 4.04 | 5.13 | 7.29 | 4.59 | 4.63 | 4.14 | 2.55 | 3.27 | 3.54 | 3.90 |
| P/FCF | 35.20 | 30.21 | 21.14 | 21.50 | 12.60 | 11.86 | 9.54 | 9.25 | 21.81 | 24.37 | 17.10 |
| P/OCF | 11.32 | 9.71 | 13.61 | 16.91 | 10.04 | 10.16 | 8.74 | 6.19 | 11.29 | 14.85 | 14.17 |
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 14.1x EBITDA, 24% above its 5-year average of 11.4x. The Basic Materials sector median is 11.0x, placing the stock at a 28% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 3.23 | 3.86 | 4.70 | 3.05 | 3.34 | 3.95 | 2.73 | 3.33 | 4.06 | 4.44 |
| EV / EBITDA | 14.09 | 12.45 | 11.51 | 13.70 | 9.03 | 10.32 | 13.13 | 10.15 | 11.27 | 13.67 | 15.15 |
| EV / EBIT | 15.06 | 12.45 | 13.76 | 16.07 | 10.48 | 12.27 | 13.67 | 13.48 | 42.87 | 18.77 | 16.95 |
| EV / FCF | — | 37.80 | 24.69 | 23.95 | 15.16 | 14.01 | 10.88 | 14.84 | 25.57 | 27.34 | 19.58 |
EXP Profitability
Margins and return-on-capital ratios measuring operating efficiency
Eagle Materials Inc. earns an operating margin of 24.3%, above the Basic Materials sector average of 10.3%. Operating margins have compressed from 27.7% to 24.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 28.9% indicates solid capital efficiency. ROIC of 14.8% represents solid returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 28.3% | 28.3% | 29.8% | 30.3% | 29.8% | 27.9% | 25.2% | 22.8% | 23.4% | 24.4% | 25.8% |
| Operating Margin | 24.3% | 24.3% | 26.5% | 27.7% | 27.3% | 25.4% | 22.1% | 19.1% | 20.8% | 21.5% | 21.7% |
| Net Profit Margin | 18.4% | 18.4% | 20.5% | 21.1% | 21.5% | 20.1% | 20.9% | 4.9% | 4.9% | 18.5% | 16.4% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 28.9% | 28.9% | 33.5% | 38.3% | 39.8% | 30.0% | 29.2% | 6.5% | 5.2% | 19.6% | 17.7% |
| ROA | 11.9% | 11.9% | 14.9% | 16.7% | 17.2% | 13.8% | 11.7% | 2.8% | 3.0% | 11.1% | 9.6% |
| ROIC | 14.8% | 14.8% | 17.6% | 20.0% | 20.1% | 16.8% | 11.7% | 9.5% | 11.1% | 11.4% | 11.5% |
| ROCE | 17.0% | 17.0% | 20.9% | 23.7% | 23.7% | 18.8% | 13.1% | 11.6% | 13.8% | 14.1% | 13.9% |
EXP Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Eagle Materials Inc. carries a Debt/EBITDA ratio of 3.0x, which is moderately leveraged (23% above the sector average of 2.4x). Net debt stands at $1.5B ($1.8B total debt minus $298M cash). Interest coverage of 10.2x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 1.22 | 1.22 | 0.88 | 0.86 | 0.94 | 0.86 | 0.77 | 1.67 | 0.57 | 0.44 | 0.57 |
| Debt / EBITDA | 3.00 | 3.00 | 1.68 | 1.44 | 1.55 | 1.62 | 2.15 | 4.13 | 1.68 | 1.51 | 1.93 |
| Net Debt / Equity | — | 1.02 | 0.86 | 0.83 | 0.93 | 0.84 | 0.58 | 1.55 | 0.56 | 0.43 | 0.56 |
| Net Debt / EBITDA | 2.50 | 2.50 | 1.66 | 1.40 | 1.53 | 1.59 | 1.61 | 3.83 | 1.66 | 1.49 | 1.92 |
| Debt / FCF | — | 7.59 | 3.55 | 2.45 | 2.56 | 2.16 | 1.33 | 5.60 | 3.76 | 2.97 | 2.48 |
| Interest Coverage | 10.16 | 10.16 | 15.00 | 15.27 | 17.54 | 16.37 | 10.55 | 7.66 | 3.81 | 10.84 | 14.02 |
EXP Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
Eagle Materials Inc.'s current ratio of 3.66x is well above the 1.0 safety threshold, indicating strong short-term liquidity with ample room to cover current liabilities. The quick ratio of 2.09x 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 2.62x to 3.66x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 3.66 | 3.66 | 2.73 | 2.62 | 2.45 | 2.13 | 3.91 | 4.00 | 2.38 | 2.56 | 1.75 |
| Quick Ratio | 2.09 | 2.09 | 1.03 | 1.06 | 1.08 | 0.99 | 2.52 | 2.39 | 0.85 | 1.12 | 0.64 |
| Cash Ratio | 1.15 | 1.15 | 0.08 | 0.15 | 0.07 | 0.09 | 1.56 | 0.70 | 0.05 | 0.05 | 0.03 |
| Asset Turnover | — | 0.60 | 0.69 | 0.77 | 0.77 | 0.72 | 0.57 | 0.49 | 0.64 | 0.59 | 0.54 |
| Inventory Turnover | 4.06 | 4.06 | 3.82 | 4.21 | 5.17 | 5.67 | 5.15 | 4.11 | 3.88 | 4.06 | 3.56 |
| Days Sales Outstanding | — | 37.33 | 35.90 | 34.39 | 35.91 | 35.98 | 33.73 | 68.99 | 35.16 | 38.81 | 41.08 |
EXP Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Eagle Materials Inc. returns 6.1% to shareholders annually — split between a 0.5% dividend yield and 5.6% buyback yield. The payout ratio of 7.6% is conservative, leaving significant room for dividend growth or reinvestment. The earnings yield of 5.8% (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 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 0.5% | 0.5% | 0.5% | 0.4% | 0.7% | 0.6% | 0.1% | 0.7% | 0.5% | 0.4% | 0.4% |
| Payout Ratio | 7.6% | 7.6% | 7.3% | 7.4% | 8.1% | 8.2% | 1.2% | 24.2% | 27.5% | 7.6% | 9.8% |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 5.8% | 6.9% | 6.2% | 5.0% | 8.5% | 7.1% | 5.9% | 2.9% | 1.7% | 5.1% | 4.2% |
| FCF Yield | 2.8% | 3.3% | 4.7% | 4.7% | 7.9% | 8.4% | 10.5% | 10.8% | 4.6% | 4.1% | 5.8% |
| Buyback Yield | 5.6% | 6.5% | 4.1% | 3.7% | 7.2% | 11.3% | 0.1% | 12.9% | 7.0% | 1.3% | 1.4% |
| Total Shareholder Yield | 6.1% | 7.1% | 4.5% | 4.1% | 7.9% | 11.9% | 0.1% | 13.6% | 7.5% | 1.7% | 1.8% |
| Shares Outstanding | — | $31M | $34M | $35M | $37M | $41M | $42M | $42M | $47M | $49M | $48M |
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 | 17.1 | 14.1 | 35.2 | 28.3% | 24.3% | 28.9% | 14.8% | 3.0 |
 MLM | $37B | 32.4 | 19.5 | 37.6 | 30.0% | 23.3% | 11.7% | 7.6% | 2.5 |
 VMC | $39B | 37.3 | 19.1 | 34.6 | 27.3% | 20.1% | 13.0% | 8.8% | 2.3 |
 CRH | $74B | 20.2 | 12.0 | 29.5 | 36.1% | 14.2% | 15.7% | 10.7% | 2.6 |
 USLM | $3B | 24.3 | 15.8 | 31.8 | 48.8% | 42.4% | 23.8% | 48.5% | 0.0 |
 AWI | $7B | 22.3 | 16.5 | 27.4 | 40.6% | 26.6% | 37.2% | 24.9% | 1.2 |
 AMWD | $701M | 7.4 | 5.9 | 10.7 | 17.9% | 8.2% | 10.9% | 7.8% | 2.6 |
 CAT | $459B | 52.4 | 36.5 | 44.6 | 32.3% | 16.6% | 43.5% | 15.9% | 3.2 |
 DE | $159B | 31.9 | 20.2 | 49.2 | 36.5% | 18.8% | 20.5% | 7.8% | 6.0 |
 URI | $67B | 27.9 | 11.8 | 101.9 | 35.4% | 24.7% | 28.4% | 12.4% | 2.3 |
 NUE | $56B | 32.4 | 14.6 | — | 11.9% | 8.2% | 8.0% | 7.7% | 1.7 |
| Basic Materials Median | — | 23.6 | 11.0 | 29.0 | 30.9% | 10.3% | -0.0% | 4.6% | 2.4 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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EXP — 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 17.1x. The historical average is 25.3x. This places it at the 50th percentile of its historical range.
What is Eagle Materials Inc.'s EV/EBITDA?
Eagle Materials Inc.'s current EV/EBITDA is 14.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 12.3x.
What is Eagle Materials Inc.'s ROE?
Eagle Materials Inc.'s return on equity (ROE) is 28.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is 20.3%.
Is EXP stock overvalued?
Based on historical data, Eagle Materials Inc. is trading at a P/E of 17.1x. This is at the 50th 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 0.46% with a payout ratio of 7.6%.
What are Eagle Materials Inc.'s profit margins?
Eagle Materials Inc. has 28.3% gross margin and 24.3% 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 3.0x, indicating moderate leverage. A ratio between 2-4x is manageable but warrants monitoring.