Eagle Materials (EXP) AI Stock Analysis

• Market Cap: $7.21B
• Dividend Yield: 0.45%
• Average Volume (3M): 402.69K
• Price to Earnings (P/E): 16.0
• Beta (1Y): 1.34
• Revenue Growth: 0.05%
• EPS Growth: 0.96%
• Country: US
• Employees: 2,500
• Sector: Basic Materials
• Sector Strength: 72
• Industry: Construction Materials
• EPS (TTM): 3.91
• Shares Outstanding: 32,630,880
• 10 Day Avg. Volume: 357,116
• 30 Day Avg. Volume: 402,685
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): 0.00
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: $232.25
• Price Target Upside: 5.13% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 9

• Rating: 77 Outperform
• Price Target: $247.00 ▲(11.81%Upside)

Eagle Materials receives a strong score driven by robust financial performance and positive strategic initiatives. The stock's valuation is fair, and technical indicators suggest stable market conditions. The earnings call and corporate events reinforce positive growth prospects.

Positive Factors

Cost Structure

Management remains confident that its low-cost profile and structural changes in wallboard and cement supply should allow it to generate good returns and see less volatility through a cycle.

Pricing Dynamics

There are increasingly attractive pricing dynamics in wallboard given structural declines in synthetic gypsum supply amid coal plant retirements.

Tariffs

Tariffs could be a net positive for wallboard and cement.

Negative Factors

Natural Gas Pricing

There are some near-term risks due to a cold winter raising natural gas pricing and potential impacts on volume this quarter.

Weather Impact

Harsh weather has affected cement shipments to start the year.

Eagle Materials Business Overview & Revenue Model

Company Description

Eagle Materials (EXP) is a leading supplier of heavy construction materials and light building materials in the United States. The company operates through two primary sectors: Heavy Materials, which includes the Cement and Concrete & Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. Eagle Materials is committed to delivering high-quality products used primarily in the construction of infrastructure, non-residential, and residential buildings.

How the Company Makes Money

Eagle Materials makes money through the production and sale of construction materials that are essential for infrastructure and building projects. Its Heavy Materials sector generates revenue by producing and selling cement, concrete, and aggregates, which are critical components for construction projects. The company operates cement plants and distribution terminals strategically located across the U.S., ensuring a steady supply to its clients. The Light Materials sector contributes to revenue through the manufacture and sale of gypsum wallboard and recycled paperboard. Gypsum wallboard is widely used in the construction of interior walls and ceilings, while recycled paperboard is utilized in the production of gypsum wallboard and other products. Eagle Materials benefits from long-term business relationships and distribution agreements that ensure a stable demand for its products. Additionally, the company’s strategic geographic footprint allows it to efficiently serve key markets, optimizing logistics and reducing transportation costs.

Eagle Materials Financial Statement Overview

Summary

Eagle Materials exhibits strong financial health with consistent revenue growth and robust profitability. The company has managed its balance sheet effectively, maintaining stable leverage and solid cash flow generation. However, there are slight concerns with increasing debt levels and margin compression in the latest year.

Income Statement

Eagle Materials demonstrates strong financial performance with consistent revenue growth. The revenue grew from $1.45 billion in 2020 to $2.26 billion in 2025, reflecting a solid growth trajectory. The company maintains healthy gross and net profit margins, with 2025 showing a gross profit margin of 29.8% and a net profit margin of 20.5%. However, there was a slight decline in EBIT and EBITDA margins in 2025 compared to 2024, which warrants monitoring.

Balance Sheet

The balance sheet reflects a stable financial position with a debt-to-equity ratio of 0.88 in 2025, indicating moderate leverage. The equity ratio is 44.6%, suggesting a strong equity base relative to total assets. Return on Equity (ROE) remains robust at 31.8% in 2025, showcasing effective profit generation on shareholder equity. However, slightly increasing debt levels could pose a risk if not managed properly.

Cash Flow

Cash flow analysis reveals a healthy operating cash flow to net income ratio of 1.18 in 2025, indicating efficient cash generation relative to net income. Free cash flow growth has been inconsistent, with a decrease from 2024 to 2025. The free cash flow to net income ratio is 0.76, reflecting a reasonable conversion of earnings into free cash flow, although it shows room for improvement.

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Eagle Materials Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 220.92
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For EXP, the sentiment is Positive. The current price of 220.92 is above the 20-day moving average (MA) of 216.59, above the 50-day MA of 210.75, and below the 200-day MA of 243.34, indicating a neutral trend. The MACD of 3.33 indicates Negative momentum. The RSI at 56.02 is Neutral, neither overbought nor oversold. The STOCH value of 81.28 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for EXP.

Eagle Materials Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
VMC	78 Outperform	$35.68B	38.30	12.10%	0.70%	-2.24%	3.00%
EXP	77 Outperform	$7.21B	16.04	33.52%	0.45%	0.05%	0.96%
CX	75 Outperform	$12.69B	8.19	7.12%	1.00%	-9.62%	795.20%
MLM	69 Neutral	$34.72B	33.11	11.88%	0.55%	-0.54%	-48.61%
KNF	68 Neutral	$4.65B	25.85	13.76%	―	2.48%	2.22%
Sector *	59 Neutral	HK$17.33B	4.65	-5.52%	3.47%	-3.57%	-61.41%

Eagle Materials Corporate Events

Eagle Materials Approves Long-Term Incentive Equity Awards

On May 22, 2025, Eagle Materials Inc.’s Compensation Committee approved long-term incentive equity awards for its officers under the 2023 Equity Incentive Plan. These awards include performance-vesting and time-vesting stock options and restricted stock units, with vesting criteria linked to the company’s financial performance over a three-year period. The initiative aims to align executive incentives with shareholder interests, potentially impacting the company’s operational focus and market positioning.

The most recent analyst rating on (EXP) stock is a Hold with a $280.00 price target. To see the full list of analyst forecasts on Eagle Materials stock, see the EXP Stock Forecast page.

Eagle Materials Board Member Announces Retirement

On May 16, 2025, David B. Powers announced his retirement from the Board of Eagle Materials Inc., effective at the end of his term during the 2025 annual meeting of stockholders, with no disagreements cited regarding company operations. Additionally, the Compensation Committee approved several incentive compensation programs for fiscal year 2026, including a salaried incentive plan and divisional plans for American Gypsum and Cement Companies, which are tied to operating earnings and EBITDA performance. These plans aim to align executive and divisional performance with company goals, potentially impacting stakeholder interests by incentivizing performance-based rewards.

The most recent analyst rating on (EXP) stock is a Hold with a $280.00 price target. To see the full list of analyst forecasts on Eagle Materials stock, see the EXP Stock Forecast page.

Eagle Materials Announces $330M Plant Expansion Plan

Eagle Materials Inc. announced plans to modernize and expand its gypsum wallboard plant in Duke, Oklahoma, with a $330 million investment. This project, expected to start construction immediately and complete by the second half of 2027, will increase the plant’s capacity by 25% and reduce operating costs by nearly 20%, enhancing Eagle’s position in high-growth markets and as a low-cost producer.

The most recent analyst rating on (EXP) stock is a Hold with a $280.00 price target. To see the full list of analyst forecasts on Eagle Materials stock, see the EXP Stock Forecast page.

Eagle Materials Appoints David Rush to Board

On May 15, 2025, Eagle Materials Inc. announced the appointment of David Rush to its Board of Directors. Mr. Rush, who recently retired as CEO of Builders FirstSource, brings nearly 30 years of experience in the building products industry. His expertise in strategy, business integration, and operational finance is expected to benefit Eagle Materials and its shareholders significantly.

The most recent analyst rating on (EXP) stock is a Hold with a $280.00 price target. To see the full list of analyst forecasts on Eagle Materials stock, see the EXP Stock Forecast page.