For the twelve months ended Sep 30, 2026, United States Lime & Minerals Inc. reported $381.09M of revenue and $133.68M of net income.
USLM revenue was $106.19M in fiscal Q3 2026 (ended Sep 30, 2026), up 4.1% from a year earlier and up 7.1% from the prior quarter. For the full fiscal 2025 it was $372.73M, up 17.3% from fiscal 2024. Compound annual growth was +18.3% over 5 years and +11.0% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
USLM net income was $38.04M in fiscal Q3 2026 (ended Sep 30, 2026), down 1.9% from a year earlier and up 10.2% from the prior quarter. For the full fiscal 2025 it was $134.28M, up 23.4% from fiscal 2024. Compound annual growth was +36.6% over 5 years and +26.4% over 10 years. It rose in 9 of the last 10 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
USLM diluted EPS was $1.32 in fiscal Q3 2026 (ended Sep 30, 2026), down 2.2% from a year earlier and up 10.0% from the prior quarter. For the full fiscal 2025 it was $4.67, up 23.2% from fiscal 2024. Compound annual growth was +36.1% over 5 years and +26.1% over 10 years.
USLM free cash flow was $38.20M in fiscal Q3 2026 (ended Sep 30, 2026), up 22.1% from a year earlier and up 80.5% from the prior quarter. For the full fiscal 2025 it was $102.27M, up 3.7% from fiscal 2024. Compound annual growth was +19.8% over 5 years and +17.1% over 10 years. It rose in 5 of the last 6 fiscal years. Fiscal 2025 is the highest of the 15 fiscal years on file.
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $372.73M | $317.72M | $281.33M | $236.15M | $189.25M | $160.70M | $158.28M | $144.44M | $144.84M | $139.28M |
| Cost of revenue | $190.33M | $173.74M | $178.46M | $165.81M | $130.00M | $113.12M | $116.60M | $113.95M | $110.46M | $106.19M |
| Gross profit | $182.40M | $143.98M | $102.87M | $70.34M | $59.26M | $47.59M | $41.68M | $30.49M | $34.38M | $33.09M |
| Selling, general and admin | $24.54M | $19.06M | $17.45M | $15.56M | $12.84M | $12.17M | $11.50M | $10.48M | $10.15M | $9.61M |
| Operating income | $157.86M | $124.92M | $85.42M | $54.78M | $46.42M | $33.87M | $29.25M | $20.00M | $24.23M | $23.48M |
| Interest expense | - | - | - | $254.0K | $250.0K | $248.0K | $244.0K | $243.0K | $241.0K | $246.0K |
| Pre-tax income | $171.02M | $136.38M | $93.36M | $56.56M | $46.52M | $34.07M | $30.90M | $21.57M | $24.94M | $23.62M |
| Income tax | $36.74M | $27.54M | $18.81M | $11.13M | $9.47M | $5.85M | $4.84M | $1.88M | -$2.21M | $5.86M |
| Net income | $134.28M | $108.84M | $74.55M | $45.43M | $37.05M | $28.22M | $26.06M | $19.68M | $27.15M | $17.75M |
| EPS, basic | $4.69 | $3.81 | $2.62 | $1.60 | $1.31 | $1.00 | $0.93 | $0.70 | $0.97 | $0.64 |
| EPS, diluted | $4.67 | $3.79 | $2.61 | $1.60 | $1.31 | $1.00 | $0.93 | $0.70 | $0.97 | $0.64 |
| Diluted shares | 28.7M | 28.7M | 28.5M | 28.4M | 28.3M | 28.2M | 28.1M | 28.0M | 27.9M | 27.9M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $371.12M | $278.03M | $187.96M | $133.38M | $105.36M | $83.56M | $54.26M | $67.22M | $85.00M | $74.71M |
| Receivables | $47.93M | $43.98M | $38.05M | $33.59M | $26.71M | $22.98M | $22.95M | $19.60M | $16.47M | $16.78M |
| Inventory | $30.91M | $27.69M | $24.31M | $19.58M | $15.12M | $15.21M | $13.39M | $12.85M | $13.55M | $12.43M |
| Current assets | $455.32M | $354.78M | $254.97M | $189.99M | $150.43M | $124.00M | $92.73M | $101.36M | $118.02M | $105.04M |
| Total assets | $681.04M | $543.16M | $440.60M | $367.77M | $316.20M | $279.10M | $247.04M | $244.67M | $228.45M | $210.16M |
| Current liabilities | $23.63M | $16.96M | $17.49M | $15.54M | $11.19M | $11.59M | $9.46M | $7.96M | $9.36M | $9.11M |
| Total debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $50.28M | $45.42M | $47.50M | $46.68M | $37.99M | $35.91M | $29.91M | $21.70M | $23.19M | $30.52M |
| Shareholders' equity | $630.76M | $497.74M | $393.10M | $321.09M | $278.21M | $243.19M | $217.13M | $222.97M | $205.25M | $179.64M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $164.97M | $126.02M | $92.26M | $64.36M | $55.69M | $58.58M | $47.01M | $38.73M | $34.28M | $37.85M |
| Capital expenditures | $62.70M | $27.41M | $34.25M | $26.82M | $29.91M | $17.13M | $27.10M | $53.76M | $21.34M | $17.66M |
| Free cash flow | $102.27M | $98.61M | $58.01M | $37.55M | $25.77M | $41.44M | $19.91M | -$15.03M | $12.95M | $20.18M |
| Investing cash flow | -$62.48M | -$26.86M | -$31.96M | -$31.15M | -$29.63M | -$25.19M | -$26.54M | -$53.16M | -$20.75M | -$17.51M |
| Financing cash flow | -$9.39M | -$9.10M | -$5.71M | -$5.18M | -$4.27M | -$4.08M | -$33.43M | -$3.36M | -$3.25M | -$5.55M |
| Dividends paid | $6.87M | $5.72M | $4.55M | $4.54M | $3.62M | $3.60M | $33.06M | $3.02M | $3.01M | $2.78M |
| Share repurchases | $2.68M | $3.51M | $1.27M | $767.0K | $731.0K | $557.0K | $444.0K | $411.0K | $309.0K | $2.93M |
| Stock-based compensation | $8.14M | $4.89M | $3.18M | $2.64M | $2.24M | $1.92M | $1.52M | $1.49M | $1.41M | $1.04M |
| Depreciation and amortization | $25.22M | $24.17M | $23.83M | $22.20M | $20.90M | $19.61M | $17.62M | $17.60M | $16.55M | $16.14M |
| Line item | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 17.3% | 12.9% | 19.1% | 24.8% | 17.8% | 1.5% | 9.6% | -0.3% | 4.0% | 6.5% |
| Net income growth, YoY | 23.4% | 46.0% | 64.1% | 22.6% | 31.3% | 8.3% | 32.4% | -27.5% | 52.9% | 37.8% |
| EPS growth, YoY | 23.2% | 45.2% | 63.1% | 22.3% | 30.8% | 7.8% | 32.2% | -27.8% | 52.4% | 38.7% |
| Gross margin | 48.9% | 45.3% | 36.6% | 29.8% | 31.3% | 29.6% | 26.3% | 21.1% | 23.7% | 23.8% |
| Operating margin | 42.4% | 39.3% | 30.4% | 23.2% | 24.5% | 21.1% | 18.5% | 13.8% | 16.7% | 16.9% |
| Net margin | 36.0% | 34.3% | 26.5% | 19.2% | 19.6% | 17.6% | 16.5% | 13.6% | 18.7% | 12.7% |
| Free cash flow margin | 27.4% | 31.0% | 20.6% | 15.9% | 13.6% | 25.8% | 12.6% | -10.4% | 8.9% | 14.5% |
| Return on equity | 21.3% | 21.9% | 19.0% | 14.1% | 13.3% | 11.6% | 12.0% | 8.8% | 13.2% | 9.9% |
| Return on assets | 19.7% | 20.0% | 16.9% | 12.4% | 11.7% | 10.1% | 10.5% | 8.0% | 11.9% | 8.4% |
| Current ratio | 19.27 | 20.92 | 14.58 | 12.23 | 13.45 | 10.70 | 9.80 | 12.73 | 12.61 | 11.53 |
| Debt to equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $106.19M | $99.13M | $87.83M | $87.94M | $102.02M | $91.52M | $91.25M | $80.06M | $89.43M | $76.55M | $71.69M | $65.69M |
| Cost of revenue | $55.42M | $52.40M | $46.08M | $45.77M | $49.83M | $49.64M | $45.10M | $44.62M | $46.31M | $41.72M | $41.08M | $42.10M |
| Gross profit | $50.77M | $46.72M | $41.75M | $42.17M | $52.19M | $41.88M | $46.16M | $35.44M | $43.11M | $34.82M | $30.61M | $23.59M |
| Selling, general and admin | $6.07M | $6.07M | $5.97M | $6.16M | $5.93M | $6.19M | $6.26M | $4.35M | $4.98M | $4.88M | $4.85M | $4.62M |
| Operating income | $44.70M | $40.66M | $35.78M | $36.01M | $46.26M | $35.69M | $39.89M | $31.09M | $38.14M | $29.94M | $25.76M | $18.97M |
| Pre-tax income | $48.50M | $44.03M | $39.01M | $39.57M | $49.68M | $38.79M | $42.98M | $34.16M | $41.20M | $32.73M | $28.30M | $21.38M |
| Income tax | $10.46M | $9.52M | $8.43M | $9.02M | $10.90M | $7.96M | $8.87M | $7.17M | $7.84M | $6.67M | $5.86M | $4.38M |
| Net income | $38.04M | $34.51M | $30.58M | $30.55M | $38.78M | $30.83M | $34.11M | $26.99M | $33.35M | $26.06M | $22.44M | $17.00M |
| EPS, basic | $1.33 | $1.20 | $1.07 | $1.07 | $1.35 | $1.08 | $1.19 | $0.94 | $1.17 | $0.91 | $0.79 | $0.60 |
| EPS, diluted | $1.32 | $1.20 | $1.06 | $1.06 | $1.35 | $1.07 | $1.19 | $0.94 | $1.16 | $0.91 | $0.78 | $0.59 |
| Diluted shares | 28.8M | 28.8M | 28.8M | - | 28.7M | 28.7M | 28.7M | - | 28.7M | 28.7M | 28.6M | - |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $439.25M | $402.64M | $383.17M | $371.12M | $349.51M | $319.91M | $300.63M | $278.03M | $255.02M | $222.50M | $207.00M | $187.96M |
| Receivables | $66.05M | $61.03M | $58.11M | $47.93M | $59.30M | $54.39M | $55.77M | $43.98M | $52.91M | $46.28M | $42.16M | $38.05M |
| Inventory | $33.08M | $32.05M | $30.61M | $30.91M | $28.68M | $25.59M | $27.86M | $27.69M | $27.78M | $27.30M | $25.72M | $24.31M |
| Current assets | $543.34M | $500.45M | $476.26M | $455.32M | $440.29M | $403.45M | $388.34M | $354.78M | $338.46M | $299.55M | $278.88M | $254.97M |
| Total assets | $798.43M | $747.36M | $713.84M | $681.04M | $652.80M | $607.42M | $585.25M | $543.16M | $521.76M | $484.15M | $464.00M | $440.60M |
| Current liabilities | $24.38M | $18.17M | $22.98M | $23.63M | $23.15M | $18.55M | $25.39M | $16.96M | $18.70M | $14.07M | $19.25M | $17.49M |
| Total debt | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total liabilities | $64.60M | $51.63M | $52.68M | $50.28M | $50.53M | $44.13M | $53.05M | $45.42M | $47.55M | $43.07M | $48.68M | $47.50M |
| Shareholders' equity | $733.83M | $695.73M | $661.16M | $630.76M | $602.27M | $563.29M | $532.21M | $497.74M | $474.21M | $441.09M | $415.32M | $393.10M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $52.17M | $39.06M | $32.06M | $45.56M | $45.94M | $34.03M | $39.43M | $38.61M | $39.05M | $21.20M | $27.17M | $27.58M |
| Capital expenditures | $13.97M | $17.91M | $18.34M | $19.91M | $14.66M | $13.27M | $14.85M | $11.04M | $5.15M | $4.40M | $6.82M | $13.71M |
| Free cash flow | $38.20M | $21.16M | $13.72M | $25.66M | $31.28M | $20.76M | $24.58M | $27.56M | $33.90M | $16.80M | $20.34M | $13.87M |
| Investing cash flow | -$13.85M | -$17.86M | -$18.06M | -$19.98M | -$14.62M | -$13.04M | -$14.85M | -$10.83M | -$5.10M | -$4.26M | -$6.67M | -$13.60M |
| Financing cash flow | -$1.72M | -$1.72M | -$1.96M | -$3.97M | -$1.72M | -$1.72M | -$1.98M | -$4.77M | -$1.43M | -$1.43M | -$1.47M | -$2.31M |
| Dividends paid | $1.72M | $1.72M | $1.72M | $1.72M | $1.72M | $1.72M | $1.72M | $1.43M | $1.43M | $1.43M | $1.43M | $1.14M |
| Share repurchases | $0 | $0 | $370.0K | $2.26M | $0 | $0 | $424.0K | $3.34M | $0 | $0 | $172.0K | $1.18M |
| Stock-based compensation | $1.78M | $1.78M | $1.78M | $1.92M | $1.91M | $1.97M | $2.34M | $1.30M | $1.20M | $1.15M | $1.24M | $786.0K |
| Depreciation and amortization | $6.39M | $6.44M | $6.60M | $6.73M | $6.16M | $6.20M | $6.14M | $6.04M | $6.11M | $5.96M | $6.05M | $6.04M |
| Line item | Sep 30, 2026 | Jun 30, 2026 | Mar 31, 2026 | Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth, YoY | 4.1% | 8.3% | -3.7% | 9.8% | 14.1% | 19.6% | 27.3% | 21.9% | 19.4% | 3.5% | 7.4% | 12.7% |
| Net income growth, YoY | -1.9% | 11.9% | -10.4% | 13.2% | 16.3% | 18.3% | 52.0% | 58.8% | 60.9% | 32.2% | 31.2% | 57.5% |
| EPS growth, YoY | -2.2% | 12.1% | -10.9% | 12.8% | 16.4% | 17.6% | 52.6% | 59.3% | 58.9% | 31.9% | 30.0% | 55.3% |
| Gross margin | 47.8% | 47.1% | 47.5% | 48.0% | 51.2% | 45.8% | 50.6% | 44.3% | 48.2% | 45.5% | 42.7% | 35.9% |
| Operating margin | 42.1% | 41.0% | 40.7% | 41.0% | 45.3% | 39.0% | 43.7% | 38.8% | 42.6% | 39.1% | 35.9% | 28.9% |
| Net margin | 35.8% | 34.8% | 34.8% | 34.7% | 38.0% | 33.7% | 37.4% | 33.7% | 37.3% | 34.0% | 31.3% | 25.9% |
| Free cash flow margin | 36.0% | 21.3% | 15.6% | 29.2% | 30.7% | 22.7% | 26.9% | 34.4% | 37.9% | 21.9% | 28.4% | 21.1% |
| Current ratio | 22.29 | 27.54 | 20.73 | 19.27 | 19.02 | 21.75 | 15.29 | 20.92 | 18.10 | 21.29 | 14.49 | 14.58 |
| Debt to equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Source: XBRL data United States Lime & Minerals Inc. files with the SEC, latest filing dated Oct 30, 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 and share counts are restated for stock splits the filings show: 5-for-1, first reported Aug 2, 2024.
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.
| Company | Revenue | Growth | Net income | Net margin | Market cap |
|---|---|---|---|---|---|
| USLM | $381.09M | +4.5% | $133.68M | 35.1% | $3.39B |
| MLM | $7.21B | +19.6% | $2.30B | 31.9% | $36.85B |
| VMC | $8.01B | +1.6% | $1.10B | 13.8% | $36.29B |
| TECK | C$10.76B | +18.7% | C$1.40B | 13.0% | $29.69B |
| SQM | $4.58B | +1.0% | $588.14M | 12.9% | $16.43B |
| HL | $1.82B | +84.1% | $382.86M | 21.0% | $9.90B |
| MDU | $1.86B | -0.8% | $192.48M | 10.3% | $3.92B |
| KNF | $3.38B | +10.9% | $134.62M | 4.0% | $3.20B |
| LEU | $454.50M | +0.1% | $76.20M | 16.8% | $2.08B |