Eagle Materials reports Q4 adjusted EPS $2.08, consensus $2.43

Reports Q4 revenue $470.2B, consensus $478.95M. CEO Michael Haack said, “We are pleased to report another year of strong financial, strategic, and operational performance at Eagle. In FY25, we generated record revenue of $2.3B and gross profit margin of 29.8%, continued to advance our long-term growth and value-creation strategies, and achieved important milestones in employee health and safety. In addition, we returned $332M of cash to shareholders through share repurchases and dividends and maintained our balance sheet strength, ending the year with debt of $1.2B and a net leverage ratio of 1.5x…Last week, we announced a $330M investment to modernize and expand our Duke, OK Gypsum Wallboard plant, which we expect will increase the annual plant capacity by 300 million square feet, or 25%, lower the plant’s operating cost, and take advantage of our nearby, low-cost natural gypsum reserves. Construction is expected to begin soon with startup scheduled for the second half of calendar year 2027…Despite the recent volatility in the capital markets due to changing trade and fiscal policies, we remain optimistic about our business and focused on continuing to position Eagle for sustained performance through various economic cycles and uncertain times. Our financial strength and flexibility should continue to drive shareholder returns through shifting macroeconomic conditions.”