Financials · EXP

Eagle Materials Inc (EXP) financials

For the twelve months ended Sep 30, 2026, Eagle Materials Inc reported $2.34B of revenue and $376.72M of net income.

Revenue, TTM
$2.34B
Revenue growth, YoY
+1.6%
Net income, TTM
$376.72M
Net income growth, YoY
-15.7%
Net margin
16.1%
Free cash flow, TTM
$155.50M
EPS, diluted, TTM
$12.09
EPS growth, YoY
-10.8%
Cash
$241.17M
Total debt
$1.75B
P/E
15.01
P/S
2.42
Market cap
$5.66B
Annual revenue$2.31B
FY2017FY2026
Annual net income$423.81M
FY2017FY2026
Annual free cash flow$197.43M
FY2017FY2026

EXP revenue and earnings growth

EXP revenueQ2 2027$652.75M

Quarter YoY
+2.2%
QoQ
+0.3%
FY YoY
+2.1%
5Y CAGR
+7.3%

EXP revenue was $652.75M in fiscal Q2 2027 (ended Sep 30, 2026), up 2.2% from a year earlier and up 0.3% from the prior quarter. For the full fiscal 2026 it was $2.31B, up 2.1% from fiscal 2025. Compound annual growth was +7.3% over 5 years. It rose in 8 of the last 9 fiscal years. Fiscal 2026 is the highest of the 11 fiscal years on file.

EXP net incomeQ2 2027$111.53M

Quarter YoY
-18.8%
QoQ
+9.2%
FY YoY
-8.5%
5Y CAGR
+4.5%
10Y CAGR
+10.8%

EXP net income was $111.53M in fiscal Q2 2027 (ended Sep 30, 2026), down 18.8% from a year earlier and up 9.2% from the prior quarter. For the full fiscal 2026 it was $423.81M, down 8.5% from fiscal 2025. Compound annual growth was +4.5% over 5 years and +10.8% over 10 years. It rose in 7 of the last 10 fiscal years.

EXP EPSQ2 2027$3.63

Quarter YoY
-14.2%
QoQ
+10.3%
FY YoY
-4.4%
5Y CAGR
+10.1%
10Y CAGR
+15.7%

EXP diluted EPS was $3.63 in fiscal Q2 2027 (ended Sep 30, 2026), down 14.2% from a year earlier and up 10.3% from the prior quarter. For the full fiscal 2026 it was $13.16, down 4.4% from fiscal 2025. Compound annual growth was +10.1% over 5 years and +15.7% over 10 years.

EXP free cash flowQ2 2027$81.04M

Quarter YoY
-15.6%
QoQ
+141.0%
FY YoY
-44.1%
5Y CAGR
-19.6%
10Y CAGR
+1.1%

EXP free cash flow was $81.04M in fiscal Q2 2027 (ended Sep 30, 2026), down 15.6% from a year earlier and up 141.0% from the prior quarter. For the full fiscal 2026 it was $197.43M, down 44.1% from fiscal 2025. Compound annual growth was -19.6% over 5 years and +1.1% over 10 years. It rose in 4 of the last 10 fiscal years.

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Income statement

Income statement
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue$2.31B$2.26B$2.26B$2.15B$1.86B$1.62B$1.40B$1.31B$1.39B$1.21B
Cost of revenue$1.66B$1.59B$1.57B$1.51B$1.34B$1.21B$1.06B$962.15M$1.05B$899.17M
Gross profit$652.54M$673.14M$685.32M$639.27M$519.61M$408.36M$342.67M$348.10M$338.76M$312.05M
Selling, general and admin$167.13M$148.66M$134.80M$119.10M$103.36M$105.82M$122.49M$91.16M$103.73M$90.94M
Operating income--$716.90M$674.74M$552.10M$445.80M$385.25M$386.67M$382.18M$354.43M
Interest expense$46.48M$40.53M$42.26M$35.17M$30.87M$44.42M$38.42M$28.37M$27.64M$22.63M
Pre-tax income$541.98M$591.49M$617.94M-------
Income tax$118.17M$128.07M$140.30M$127.05M$100.85M$89.95M$24.50M$60.27M$15.33M$96.30M
Net income$423.81M$463.42M$477.64M$461.54M$374.25M$339.44M$70.89M$68.86M$256.63M$198.22M
EPS, basic$13.24$13.88$13.72$12.54$9.23$8.17$1.69$1.48$5.33$4.14
EPS, diluted$13.16$13.77$13.61$12.46$9.14$8.12$1.68$1.47$5.28$4.10
Diluted shares32.2M33.6M35.1M37.1M40.9M41.8M42.3M46.9M48.6M48.4M

Balance sheet

Balance sheet
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Cash and equivalents$297.92M$20.40M$34.92M$15.24M$19.42M$263.52M$118.65M$8.60M$9.31M$6.56M
Receivables$228.57M$212.33M$202.99M$195.05M$176.28M$147.13M----
Inventory$408.39M$415.18M$373.92M$291.88M$236.66M$235.75M$272.12M$275.19M$258.16M$252.85M
Current assets$950.89M$668.66M$627.69M$521.50M$442.73M$661.69M$678.22M$427.62M$458.74M$400.62M
Goodwill$470.67M$469.89M$392.57M$380.71M$329.14M$329.14M$331.59M$198.37M$205.21M$198.37M
Total assets$3.84B$3.26B$2.95B$2.78B$2.58B$2.84B$2.96B$2.17B$2.37B$2.25B
Current liabilities$260.15M$245.00M$239.41M$212.89M$207.55M$169.35M$169.70M$179.33M$179.33M$229.52M
Short-term debt$15.00M$15.00M$10.00M$10.00M$0--$36.50M-$81.21M
Long-term debt$1.75B$1.22B$1.08B$1.08B$938.26M$1.01B$1.57B$655.09M$620.92M$605.25M
Total debt$1.76B$1.24B$1.09B$1.09B$938.26M$1.01B$1.57B$691.59M$620.92M$686.47M
Total liabilities$2.37B$1.81B$1.64B$1.60B$1.45B$1.48B$1.99B$959.68M$950.31M$1.04B
Shareholders' equity$1.47B$1.46B$1.31B$1.19B$1.13B$1.36B$967.84M$1.21B$1.42B$1.20B

Cash flow

Cash flow
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Operating cash flow$614.17M$548.55M$563.94M$541.73M$517.17M$643.07M$399.30M$350.28M$337.67M$331.60M
Capital expenditures$416.74M$195.28M$120.31M$110.14M$74.12M$53.93M$132.12M$168.87M$131.96M$56.94M
Free cash flow$197.43M$353.27M$443.63M$431.58M$443.05M$589.14M$267.18M$181.41M$205.71M$274.66M
Investing cash flow-$431.74M-$370.13M-$175.36M-$268.59M-$74.12M$37.09M-$831.08M-$166.59M-$168.72M-$457.43M
Financing cash flow$95.09M-$192.94M-$368.90M-$277.31M-$692.15M-$530.29M$541.83M-$223.16M-$127.44M$127.00M
Dividends paid$32.38M$33.72M$35.30M$37.50M$30.77M$4.16M$17.14M$18.93M$19.44M$19.34M
Share repurchases$381.81M$298.29M$343.27M$387.72M$589.74M$0$313.89M$271.99M$61.08M$60.01M
Stock-based compensation$21.27M$18.74M$19.90M$17.16M$14.26M$15.29M$19.82M$15.11M$14.08M$12.07M
Depreciation and amortization$164.75M$158.90M$149.83M$138.55M$128.81M$129.09M$113.52M$122.53M$114.02M$91.79M

Key ratios

Key ratios
Line item
Mar 31, 2026
Mar 31, 2025
Mar 31, 2024
Mar 31, 2023
Mar 31, 2022
Mar 31, 2021
Mar 31, 2020
Mar 31, 2019
Mar 31, 2018
Mar 31, 2017
Revenue growth, YoY2.1%0.1%5.2%15.4%14.7%15.6%7.2%-5.5%14.5%-
Net income growth, YoY-8.5%-3.0%3.5%23.3%10.3%378.8%3.0%-73.2%29.5%29.9%
EPS growth, YoY-4.4%1.2%9.2%36.3%12.6%383.3%14.3%-72.2%28.8%34.4%
Gross margin28.3%29.8%30.3%29.8%27.9%25.2%24.4%26.6%24.4%25.8%
Operating margin--31.7%31.4%29.7%27.5%27.4%29.5%27.6%29.3%
Net margin18.4%20.5%21.1%21.5%20.1%20.9%5.0%5.3%18.5%16.4%
Free cash flow margin8.6%15.6%19.6%20.1%23.8%36.3%19.0%13.8%14.8%22.7%
Return on equity28.7%31.8%36.5%38.9%33.0%25.0%7.3%5.7%18.1%16.5%
Return on assets11.0%14.2%16.2%16.6%14.5%12.0%2.4%3.2%10.8%8.8%
Current ratio3.662.732.622.452.133.914.002.382.561.75
Debt to equity1.190.850.840.920.830.741.620.570.440.57

Source: XBRL data Eagle Materials Inc files with the SEC, latest filing dated Nov 4, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

EXP peers

CompanyRevenueGrowthNet incomeNet marginMarket cap
EXP$2.34B+1.6%$376.72M16.1%$5.66B
CRH$38.96B+5.6%$3.58B9.2%$63.07B
AMRZ$12.26B+3.5%$1.25B10.2%$22.29B
CX$16.13B+0.4%$960.00M6.0%$16.24B
JHX$4.84B+24.7%$104.00M2.2%$16.16B
CPACPEN 2.12B+7.0%PEN 154.21M7.3%$1.08B
LOMAARS 1.51T+0.8%ARS 23.58B1.6%$1.02B
SMID$89.50M-1.6%$7.73M8.6%$138.5M

EXP FAQ

9 questions
  • What is EXP revenue?
    Eagle Materials Inc (EXP) reported $2.34B of revenue for the twelve months ended Sep 30, 2026. That is up 1.6% from the year before. Revenue for fiscal 2026 was $2.31B.
  • Is EXP profitable?
    Yes. Eagle Materials Inc earned $376.72M in net income for the twelve months ended Sep 30, 2026, a net margin of 16.1%.
  • How much cash and debt does EXP have?
    Eagle Materials Inc reported $241.17M in cash and cash equivalents and $1.75B of debt on its most recent balance sheet in SEC filings.
  • How fast is EXP revenue growing?
    Eagle Materials Inc's revenue changed +2.1% in fiscal 2026, to $2.31B. Its compound annual growth rate was +7.3% over 5 years.
  • What is EXP gross margin?
    Eagle Materials Inc's gross profit was $603.21M on $2.34B of revenue for the twelve months ended Sep 30, 2026, a gross margin of 25.8%.
  • What is EXP free cash flow?
    Eagle Materials Inc generated $155.50M of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $637.26M less capital expenditures.
  • What is EXP earnings per share?
    Diluted earnings per share were $12.09 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
  • When did EXP last report financial results?
    The latest statements here come from Eagle Materials Inc's 10-Q filed on Nov 4, 2026, covering the period ended Sep 30, 2026.
  • Where does this EXP financial data come from?
    Quantisnow builds these statements from the structured XBRL data Eagle Materials Inc files with the SEC. It is provided for information only and is not investment advice.