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United States Lime & Minerals
(NASDAQ:USLM)
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Rating:78Outperform
Price Target:
$129.00
▲(16.23% Upside)
Action:Upgraded
Date:07/31/26
USLM scores well primarily due to outstanding financial performance—exceptional margins, very conservative leverage, and strong cash generation—partly offset by a mixed technical trend (below long-term moving averages) and only moderate valuation support (P/E ~24.9 with a low dividend yield).
Positive Factors
Exceptional profitability and margins
USLM's TTM gross and net margins (~48% and ~35%) signal durable pricing power and operational efficiency in lime production. These elevated margins support high returns on capital, provide a buffer vs input cost swings, and underpin long-term earnings resilience beyond transient cycles.
Negative Factors
Slowing revenue growth
The move from high-growth to more modest TTM revenue growth suggests the company may be entering a normalized growth phase. Slower top-line expansion limits runway for margin leverage and increases reliance on pricing, mix, and cost control to sustain returns over coming quarters.
Read all positive and negative factors
Positive Factors
Negative Factors
Exceptional profitability and margins
USLM's TTM gross and net margins (~48% and ~35%) signal durable pricing power and operational efficiency in lime production. These elevated margins support high returns on capital, provide a buffer vs input cost swings, and underpin long-term earnings resilience beyond transient cycles.
Read all positive factors
United States Lime & Minerals (USLM) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.16B
Dividend Yield0.22%
Average Volume (3M)250.53K
Price to Earnings (P/E)23.5
Beta (1Y)1.39
Revenue Growth7.00%
EPS Growth7.12%
CountryUS
Employees346
SectorBasic Materials
Sector Strength58
IndustryConstruction Materials
Share Statistics
EPS (TTM)4.69
Shares Outstanding28,688,362
10 Day Avg. Volume133,009
30 Day Avg. Volume250,528
Financial Highlights & Ratios
PEG Ratio1.11
Price to Book (P/B)5.44
Price to Sales (P/S)9.20
P/FCF Ratio33.53
Enterprise Value/Market Cap<0.01
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit<0.01
Enterprise Value/Ebitda<0.01
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)5.14
Revenue Forecast (FY)$426.00M
United States Lime & Minerals Business Overview & Revenue Model
Company Description
United States Lime & Minerals, Inc. (USLM) operates as a domestic producer and supplier of a diverse range of lime and limestone products. The company sources limestone through its open-pit quarries and an underground mine, subsequently processing...
How the Company Makes Money
USLM makes money primarily by producing and selling lime and limestone products to industrial and construction customers. Its core revenue stream is sales of lime products—quicklime (made by calcining limestone in kilns) and hydrated lime (produce...
United States Lime & Minerals Financial Statement Overview
Summary
Income Statement
92
Very Positive
Balance Sheet
95
Very Positive
Cash Flow
86
Very Positive
| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 376.92M | 372.73M | 317.72M | 281.33M | 236.15M | 189.25M |
| Gross Profit | 182.67M | 182.06M | 143.98M | 102.87M | 70.34M | 59.26M |
| EBITDA | 188.40M | 196.24M | 160.55M | 117.19M | 79.02M | 67.67M |
| Net Income | 134.42M | 134.28M | 108.84M | 74.55M | 45.43M | 37.05M |
Balance Sheet | ||||||
| Total Assets | 747.36M | 681.04M | 543.16M | 440.60M | 367.77M | 316.20M |
| Cash, Cash Equivalents and Short-Term Investments | 402.64M | 371.12M | 278.03M | 187.96M | 133.38M | 105.36M |
| Total Debt | 3.25M | 4.01M | 5.04M | 5.50M | 5.54M | 3.21M |
| Total Liabilities | 51.63M | 50.28M | 45.42M | 47.50M | 46.68M | 37.99M |
| Stockholders Equity | 695.73M | 630.76M | 497.74M | 393.10M | 321.09M | 278.21M |
Cash Flow | ||||||
| Free Cash Flow | 91.81M | 102.27M | 98.61M | 58.01M | 37.55M | 25.77M |
| Operating Cash Flow | 162.63M | 164.97M | 126.02M | 92.26M | 64.36M | 55.69M |
| Investing Cash Flow | -70.52M | -62.48M | -26.86M | -31.96M | -31.15M | -29.63M |
| Financing Cash Flow | -9.38M | -9.39M | -9.10M | -5.71M | -5.18M | -4.27M |
United States Lime & Minerals Technical Analysis
Positive
110.99
Price Trends
107.92
Positive
114.79
Positive
117.98
Negative
Market Momentum
2.53
Negative
61.86
Neutral
79.64
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For USLM, the sentiment is Positive. The current price of 110.99 is above the 20-day moving average (MA) of 109.50, above the 50-day MA of 107.92, and below the 200-day MA of 117.98, indicating a neutral trend. The MACD of 2.53 indicates Negative momentum. The RSI at 61.86 is Neutral, neither overbought nor oversold. The STOCH value of 79.64 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for USLM.
United States Lime & Minerals Risk Analysis
United States Lime & Minerals disclosed 12 risk factors in its most recent earnings report. United States Lime & Minerals reported the most risks in the "Production" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
United States Lime & Minerals Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $3.16B | 23.52 | 20.76% | 0.22% | 7.00% | 7.12% | |
71 Outperform | $31.54B | 12.88 | 23.11% | 0.59% | 0.06% | 125.23% | |
70 Outperform | $34.80B | 31.60 | 13.11% | 0.72% | 6.86% | 18.35% | |
67 Neutral | $2.85B | 16.13 | 16.96% | 0.93% | 5.46% | 7.16% | |
62 Neutral | $6.29B | 16.11 | 26.87% | 0.47% | 1.68% | -7.06% | |
61 Neutral | $10.43B | 7.12 | -0.05% | 2.87% | 2.86% | -36.73% | |
52 Neutral | $1.42B | 53.91 | 3.73% | ― | -8.04% | -72.35% |
* Basic Materials Sector Average
USLM
United States Lime & Minerals
116.28
10.18
9.59%
EXP
Eagle Materials
211.34
-11.86
-5.31%
MLM
Martin Marietta Materials
538.28
-58.83
-9.85%
VMC
Vulcan Materials
281.63
1.57
0.56%
LOMA
Loma Negra Compania Industrial Argentina Sociedad Anonima
10.79
-1.54
-12.49%
TTAM
Titan America SA
15.72
1.16
8.00%
United States Lime & Minerals Corporate Events
Executive/Board ChangesShareholder Meetings
United States Lime & Minerals Shareholders Back Board, Pay
Positive
May 4, 2026
At its 2026 Annual Meeting, United States Lime Minerals shareholders elected seven directors—Timothy W. Byrne, Richard W. Cardin, Antoine M. Doumet, Sandra C. Duhé, Tom S. Hawkins Jr., Lila R. Weirich, and Jon A. Wolkenstein—to s...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.