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USLM
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USLMUnited States Lime & Minerals, Inc.
$118.10$3.4B
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
USLM logo

United States Lime & Minerals, Inc.

USLM
NASDAQ · Cement & Aggregates
$118.10
At close - Nov 6, 4:00 PM EST - USD
Market Cap$3.39B
P/E25.4x
52W High$141.44
Volume81.95K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Fortress Balance Sheet Masks Royalty Decline Risk

USLM's exceptional profitability, with a 47.1% gross margin and 34.8% net margin in 2026Q2, underscores its pricing power in niche lime markets. The company's fortress balance sheet, featuring $402.6M cash against $3.2M debt, provides unmatched financial flexibility.

GrowthAccelerating
ProfitabilityStrong
ValuationReview
TechnicalsNeutral
Explore valuation models
MARKET ACTION

USLM 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

1/12 Beats

EPS beat 1 of last 12 quarters

02

Valuation risk

+37% Peers

P/E is 37% above peer median

03

Market leadership

RS 72 · Avg

Average momentum (RS Rating: 72)

04

Trend Check

N/A

Trend data unavailable

Next CatalystEstimated earnings · Jan 30

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
USLM-2.22%
S&P 500 (^GSPC)+7.63%
1-Year Return
USLM+3.54%
S&P 500 (^GSPC)+9.69%
3-Year Return
USLM+194.62%
S&P 500 (^GSPC)+66.54%
5-Year Return
USLM+333.78%
S&P 500 (^GSPC)+54.71%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/EMedian
25.4x
Forward P/EExpansion
22.6x
EV/EBITDA60th %ile
16.5x
FCF YieldCash Flow
2.9%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
25.4x
19.7x
60th· Fair
EV/EBITDA
16.5x
10.4x
60th· Fair
Price/FCF
34.3x
28.4x
80th· High
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
Bear$62.37-47.2%
Base (Fair)$91.20-22.8%
Bull$113.67-3.8%
$62.37 Bear$91.20 Base$113.67 Bull
Current Market Price: $118.10
Trades at a 29.5% premium to Base DCF ($91.20)
Open DCF & Valuation Models →Chart Terminal ↗

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$373M+17.3% YoY
Net income FY25
$134M+23.4% YoY
Free cash flow FY25
$102M+3.7% YoY
Operating margin FY25
42.4%+3.0 pts YoY
ROIC (FY25)48.5%
Avg ROIC 5Y33.2%
ROE (TTM)19.6%
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 Rate1/12 (17%)
Revenue Beat Rate1/12 (17%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q4 2026Latest
Oct 30, 2026
$1.32-10.8%
vs $1.48
$106M-13.0%
vs $122M
Q3 2026
Jul 29, 2026
$1.20-7.7%
vs $1.30
$99M-8.2%
vs $108M
Q2 2026
Apr 29, 2026
$1.06-11.7%
vs $1.20
$88M-13.9%
vs $102M
Q1 2026
Feb 2, 2026
$1.06-6.2%
vs $1.13
$88M-9.3%
vs $97M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 30, 2026
United States Lime & Minerals Reports Third Quarter 2026 Results and Declares Regular Quarterly Cash Dividend

DALLAS, Oct. 30, 2026 (GLOBE NEWSWIRE) -- United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported third quarter 2026 results: The Company's revenues in the third quarter 2026 were $106.2 million, compared to $102.0 million in the third quarter 2025, an increase of $4.2 million, or 4.1%. For the first nine months 2026, the Company's revenues were $293.1 million, compared to $284.8 million in the first nine months 2025, an increase of $8.4 million, or 2.9%.

Seeking Alpha·Oct 29, 2026
Diamond Hill Small-Mid Cap Fund Q3 2026 Contributors And Detractors

The Fund declined 4.75% while the Russell 2500 Index declined 6.37%. Key contributors include Illumina, Revvity and Waystar. Key detractors include Regal Rexnord, Knife River and Red Rock Resorts.

Defense World·Oct 22, 2026
United States Lime & Minerals (NASDAQ:USLM) Stock Breaks Below 200 Day Moving Average – What’s Next?

United States Lime and Minerals, Inc. (NASDAQ: USLM - Get Free Report) crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $113.67 and traded as low as $105.33. United States Lime and Minerals shares last traded at $106.59, with a volume of 157,689 shares. Wall Street Analyst

Defense World·Sep 1, 2026
Canada Pension Plan Investment Board Invests $1.56 Million in United States Lime & Minerals, Inc. $USLM

Canada Pension Plan Investment Board bought a new position in shares of United States Lime and Minerals, Inc. (NASDAQ: USLM) in the undefined quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 14,900 shares of the construction company's stock, valued at approximately $1,560,000. Canada Pension

Filtered for United States Lime & Minerals, Inc.More Headlines
04

Compare before deciding

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

Peers Comparison

Key metrics vs top competitors for United States Lime & Minerals, Inc. (USLM)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
USLM logoUSLMUnited States Lime & Minerals, Inc.Current
$118.10$3.39B25.4217.31%35.08%19.65%0.2%
MLM logoMLMMartin Marietta Materials, Inc.
$518.15$31.11B14.640.12%31.95%18.24%0.63%
VMC logoVMCVulcan Materials Company
$282.72$36.68B33.196.94%13.77%13%0.7%
CRH logoCRHCRH plc
$94.81$63.35B18.57-21.11%7.35%13.35%1.23%
EXP logoEXPEagle Materials Inc.
$186.04$5.71B15.192.13%16.11%25.16%0.55%
BCPC logoBCPCBalchem Corp
$174.43$5.6B32.708.75%15.41%13.21%0.5%

Compare USLM vs Peers

United States Lime & Minerals, Inc. (USLM) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs MLM

Most directly comparable listed peer for USLM.

Scale Benchmark

vs ECL

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

Peer Set

Compare Top 5

vs MLM, VMC, CRH, EXP

05

Keep researching

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

USLM SEC Filings & Documents

United States Lime & Minerals, Inc. (USLM) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

6
Material company update

Jul 29, 2026·SEC

Material company update

May 4, 2026·SEC

Material company update

Apr 29, 2026·SEC

10-K Annual Reports

5
FY 2026

Feb 26, 2026·SEC

FY 2025

Feb 27, 2025·SEC

FY 2024

Feb 29, 2024·SEC

10-Q Quarterly Reports

6
FY 2026

Jul 30, 2026·SEC

FY 2026

Apr 30, 2026·SEC

FY 2025

Oct 30, 2025·SEC

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USLM Frequently Asked Questions

United States Lime & Minerals, Inc. (USLM) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is United States Lime & Minerals, Inc.'s revenue?

United States Lime & Minerals, Inc. (USLM) reported $381.1M in revenue over the trailing twelve months. Revenue was $372.7M in fiscal year 2025. That is 827% more than the $40.2M of fiscal year 1996.

How fast is United States Lime & Minerals, Inc. growing?

United States Lime & Minerals, Inc. (USLM) grew revenue by 4.5% over the trailing twelve months, compared with the twelve months before.

Is USLM profitable?

Yes. United States Lime & Minerals, Inc. (USLM) earned $133.7M in net income over the trailing twelve months (a 35.1% net margin).

Dividend & Returns
Does USLM pay dividends?

Yes. United States Lime & Minerals, Inc. (USLM) pays a dividend that yields 0.20% at the current price, a small yield.

What is USLM's return on equity?

United States Lime & Minerals, Inc. (USLM) had a return on equity (ROE) of 19.6% over the trailing twelve months. That is above the market's typical 10-15%.

What is United States Lime & Minerals, Inc.'s free cash flow?

United States Lime & Minerals, Inc. (USLM) generated $98.7M in free cash flow over the trailing twelve months.

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

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

See returns →