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United States Lime & Minerals (USLM)
NASDAQ:USLM
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United States Lime & Minerals (USLM) AI Stock Analysis

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USLM

United States Lime & Minerals

(NASDAQ:USLM)

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Outperform 78 (OpenAI - 5.2)
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)

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
Fundamentals are best-in-class: exceptional profitability (TTM gross margin ~48%, net margin ~35%), a fortress-like balance sheet with minimal leverage, and strong operating cash flow. The main risks are slowing revenue growth versus prior years and weaker recent free-cash-flow conversion (~58% of net income), which can add cyclicality/execution sensitivity.
Income Statement
92
Very Positive
Balance Sheet
95
Very Positive
Cash Flow
86
Very Positive
BreakdownTTMDec 2025Dec 2024Dec 2023Dec 2022Dec 2021
Income Statement
Total Revenue376.92M372.73M317.72M281.33M236.15M189.25M
Gross Profit182.67M182.06M143.98M102.87M70.34M59.26M
EBITDA188.40M196.24M160.55M117.19M79.02M67.67M
Net Income134.42M134.28M108.84M74.55M45.43M37.05M
Balance Sheet
Total Assets747.36M681.04M543.16M440.60M367.77M316.20M
Cash, Cash Equivalents and Short-Term Investments402.64M371.12M278.03M187.96M133.38M105.36M
Total Debt3.25M4.01M5.04M5.50M5.54M3.21M
Total Liabilities51.63M50.28M45.42M47.50M46.68M37.99M
Stockholders Equity695.73M630.76M497.74M393.10M321.09M278.21M
Cash Flow
Free Cash Flow91.81M102.27M98.61M58.01M37.55M25.77M
Operating Cash Flow162.63M164.97M126.02M92.26M64.36M55.69M
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

Technical Analysis Sentiment
Positive
Last Price110.99
Price Trends
50DMA
107.92
Positive
100DMA
114.79
Positive
200DMA
117.98
Negative
Market Momentum
MACD
2.53
Negative
RSI
61.86
Neutral
STOCH
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

Overall Rating
UnderperformOutperform
Sector (61)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
78
Outperform
$3.16B23.5220.76%0.22%7.00%7.12%
71
Outperform
$31.54B12.8823.11%0.59%0.06%125.23%
70
Outperform
$34.80B31.6013.11%0.72%6.86%18.35%
67
Neutral
$2.85B16.1316.96%0.93%5.46%7.16%
62
Neutral
$6.29B16.1126.87%0.47%1.68%-7.06%
61
Neutral
$10.43B7.12-0.05%2.87%2.86%-36.73%
52
Neutral
$1.42B53.913.73%-8.04%-72.35%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
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.Date of analysis: Jul 31, 2026