Basic Materials · Construction Materials
Price
$106.34
Market Cap
$3.1B
Employees
345
Beta
0.70
Avg Volume
197,050
CEO
Timothy W. Byrne
Business 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 it into various forms such as pulverized limestone, quicklime, hydrated lime, and lime slurry. These essential materials are distributed to a wide array of customers, including the construction sector (for roads, highways, and buildings), industrial clients (like paper and glass manufacturers), environmental applications (suchprising municipal sanitation, water treatment, and flue gas treatment), steel producers, oil and gas service companies, roof shingle manufacturers, and agricultural producers for poultry and cattle feed. Furthermore, USLM holds royalty and non-operating working interests in natural gas wells situated in the Barnett Shale Formation of Johnson County, Texas. The company was founded in 1950 and is headquartered in Dallas, Texas.
Business History
Price Overview
Last updated: Jun 27, 2026 10:08am (just now)$106.34
-0.81 (-0.76%)
Day Range
$106.02 – $108.73
52-Week Range
$94.77 – $141.44
50-Day MA
$112.77
200-Day MA
$120.91
Volume
313,491.00
Analyst Price Targets
Low
$138.00
Consensus
$138.00
High
$138.00
(1 analysts)
Share Structure
Outstanding
28,682,056.00
Float
10,736,885.00
Free Float
37.4%
Moderate free float
— 37.4% of shares trade freely, ~62.6% held by insiders/institutions
Reasonable but insiders still hold a significant stake. This can be positive (skin in the game) but may limit liquidity during sell-offs.
Price History (1 Year)
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
APIStock Price / EPS (Diluted)
23.32
Stock Price: $106.34
EPS (Diluted): 4.69
EPS (Diluted): 4.69
P/B Ratio (Price vs net asset value)
APIStock Price / Book Value Per Share
5.44
Stock Price: $106.34
Total Equity: $630.76M
Shares: 28,733,188
Total Equity: $630.76M
Shares: 28,733,188
EV/EBITDA (Total value vs operating profit)
APIEnterprise Value / EBITDA
13.86
Market Cap: $3.05B
Total Debt: $1.64M
Cash: $371.12M
EBITDA: $196.24M
Total Debt: $1.64M
Cash: $371.12M
EBITDA: $196.24M
Enterprise Value (Takeover price (cap + debt - cash))
APIMarket Cap + Total Debt - Cash
$3.1B
Market Cap: $3.05B
Total Debt: $1.64M
Cash: $371.12M
Total Debt: $1.64M
Cash: $371.12M
Gross Margin (Revenue left after direct costs)
APIGross Profit / Revenue
48.8%
Gross Profit: $182.06M
Revenue: $372.73M
Revenue: $372.73M
Operating Margin (Revenue left after all operations)
APIOperating Income / Revenue
42.4%
Operating Income: $157.86M
Revenue: $372.73M
Revenue: $372.73M
Net Margin (Revenue left as actual profit)
APINet Income / Revenue
36.0%
Net Income: $134.28M
Revenue: $372.73M
Revenue: $372.73M
ROE (Profit from shareholder equity)
APINet Income / Total Equity
21.3%
Net Income: $134.28M
Total Equity: $630.76M
Total Equity: $630.76M
ROIC (Profit from all invested capital)
APINOPAT / Invested Capital
17.4%
Operating Income: $157.86M
Tax Rate: 21.5%
Equity: $630.76M
Total Debt: $1.64M
Cash: $371.12M
Tax Rate: 21.5%
Equity: $630.76M
Total Debt: $1.64M
Cash: $371.12M
Current Ratio (Can it pay short-term bills)
APICurrent Assets / Current Liabilities
19.27
Current Assets: $455.32M
Current Liabilities: $23.63M
Current Liabilities: $23.63M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.00
Short-Term Debt: $1.64M
Long-Term Debt: $0.00
Total Debt: $1.64M
Total Equity: $630.76M
Long-Term Debt: $0.00
Total Debt: $1.64M
Total Equity: $630.76M
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$12.97
Revenue: $372.73M
Shares: 28,733,188
Shares: 28,733,188
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$21.95
Total Equity: $630.76M
Shares: 28,733,188
Shares: 28,733,188
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$3.56
Operating CF: $164.97M
CapEx: -$62.70M
Shares: 28,733,188
CapEx: -$62.70M
Shares: 28,733,188
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
APILast Annual Dividend / Stock Price
0.2%
Last Dividend: N/A
Stock Price: $106.34
Stock Price: $106.34
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $134.28M
Net Income: $134.28M
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares USLM against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 26, 2026 12:03am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $189.3M | $236.2M | $281.3M | $317.7M | $372.7M |
| Cost of Revenue | $130.0M | $165.8M | $178.5M | $173.7M | $190.7M |
| Gross Profit | $59.3M | $70.3M | $102.9M | $144.0M | $182.1M |
| Operating Expenses | $12.8M | $15.6M | $17.4M | $19.1M | $24.2M |
| Operating Income | $46.4M | $54.8M | $85.4M | $124.9M | $157.9M |
| Net Income | $37.0M | $45.4M | $74.5M | $108.8M | $134.3M |
| EBITDA | $67.7M | $79.0M | $117.2M | $160.6M | $196.2M |
| EPS | $1.31 | $1.60 | $2.61 | $3.81 | $4.69 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 26, 2026 12:03am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $105.4M | $133.4M | $188.0M | $278.0M | $371.1M |
| Total Current Assets | $150.4M | $190.0M | $255.0M | $354.8M | $455.3M |
| Total Assets | $316.2M | $367.8M | $440.6M | $543.2M | $682.6M |
| Current Liabilities | $11.2M | $15.5M | $17.5M | $17.0M | $23.6M |
| Long-Term Debt | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $38.0M | $46.7M | $47.5M | $45.4M | $51.8M |
| Total Equity | $278.2M | $321.1M | $393.1M | $497.7M | $630.8M |
| Retained Earnings | $301.6M | $342.5M | $412.5M | $515.6M | $643.0M |
Cash Flow (Annual)
Last updated: Jun 26, 2026 12:03am (1d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $55.7M | $64.4M | $92.3M | $126.0M | $165.0M |
| Capital Expenditure | -$29.9M | -$26.8M | -$34.3M | -$27.4M | -$62.7M |
| Free Cash Flow | $25.8M | $37.5M | $58.0M | $98.6M | $102.3M |
| Acquisitions (net) | $0 | -$5.6M | $0 | $0 | $214,000 |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $-731,000 | $-767,000 | -$1.3M | -$3.5M | -$2.7M |
| Net Change in Cash | $21.8M | $28.0M | $54.6M | $90.1M | $93.1M |
Analyst Estimates (Annual)
Last updated: Jun 27, 2026 10:08am (just now)| Metric | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|
| Revenue |
$426.0M $426.0M – $426.0M
|
$484.0M $484.0M – $484.0M
|
$514.0M $514.0M – $514.0M
|
$573.0M $573.0M – $573.0M
|
| EBITDA |
$297.8M $297.8M – $297.8M
|
$338.4M $338.4M – $338.4M
|
$359.3M $359.3M – $359.3M
|
$400.6M $400.6M – $400.6M
|
| Net Income |
$147.7M $147.7M – $147.7M
|
$167.8M $167.8M – $167.8M
|
$177.6M $177.6M – $177.6M
|
$181.0M $181.0M – $181.0M
|
| EPS | — | — | — | — |
Growth Trends (YoY %)
Last updated: Jun 26, 2026 12:03am (1d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +24.8% | +19.1% | +12.9% | +17.3% |
| Gross Profit Growth | +18.7% | +46.2% | +40.0% | +26.4% |
| Operating Income Growth | +18.0% | +55.9% | +46.2% | +26.4% |
| Net Income Growth | +22.6% | +64.1% | +46.0% | +23.4% |
| EBITDA Growth | +16.8% | +48.3% | +37.0% | +22.2% |
Insider Trading (Recent)
Type codes
PPurchase
SSale
AAward / grant
MOption exercise
FIn-kind (tax)
CConversion
GGift
DReturn to issuer
All SEC Form 4 codes
Open market
- P Purchase
- Open-market or private purchase of shares.
- S Sale
- Open-market or private sale of shares.
Compensation (Rule 16b-3)
- A Award / grant
- Grant or award of securities (RSUs, options, etc.) under Rule 16b-3.
- D Return to issuer
- Securities disposed back to the company under Rule 16b-3.
- F In-kind (tax)
- Shares withheld or delivered to pay the option-exercise price or tax — not an open-market sale.
- I Discretionary
- Discretionary transaction under an employee plan — Rule 16b-3(f).
- M Option exercise
- Exercise or conversion of a derivative (option/RSU) into shares — exempt.
Derivatives
- C Conversion
- Conversion of a derivative security into the underlying shares.
- E Short expiration
- Expiration of a short derivative position.
- H Long expiration
- Expiration or cancellation of a long derivative position with value received.
- O OTM exercise
- Exercise of an out-of-the-money derivative.
- X ITM exercise
- Exercise of an in-the-money or at-the-money derivative.
Other exempt
- G Gift
- Bona fide gift of securities.
- L Small acquisition
- Small acquisition under Rule 16a-6.
- W Inheritance
- Acquisition or disposition by will or the laws of descent.
- Z Voting trust
- Deposit into or withdrawal from a voting trust.
Other
- J Other
- Other acquisition or disposition (explained in a Form 4 footnote).
- K Equity swap
- Transaction in an equity swap or similar instrument.
- U Tender / buyout
- Disposition via tender of shares in a change-of-control transaction.
Compensation-plan codes (A, D, F, M) are routine and rarely directional. Open-market P (buy) and S (sale) carry the most signal.
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-01 | Hawkins Tom S Jr | A-Award | 1,273.00 | $110.00 | $140,030 |
| 2026-05-01 | Wolkenstein Jon A | A-Award | 1,273.00 | $110.00 | $140,030 |
| 2026-05-01 | Weirich Lila R | A-Award | 1,273.00 | $110.00 | $140,030 |
| 2026-05-01 | Duhe Sandra C | A-Award | 1,273.00 | $110.00 | $140,030 |
| 2026-05-01 | DOUMET ANTOINE M | A-Award | 3,405.00 | $110.00 | $374,550 |
| 2026-05-01 | CARDIN RICHARD W | A-Award | 1,273.00 | $110.00 | $140,030 |
| 2026-05-01 | DOUMET ANTOINE M | M-Exempt | 3,405.00 | $110.00 | $374,550 |
| 2026-03-17 | DOUMET ANTOINE M | M-Exempt | 12,000.00 | $10.71 | $128,520 |
| 2026-03-17 | DOUMET ANTOINE M | M-Exempt | 12,000.00 | $10.71 | $128,520 |
| 2026-03-03 | Duhe Sandra C | S-Sale | 1,277.00 | $120.45 | $153,815 |
| 2026-02-02 | Wiedemer Michael L | A-Award | 426.00 | $123.61 | $52,658 |
| 2026-02-02 | Wiedemer Michael L | F-InKind | 95.00 | $123.61 | $11,743 |
| 2026-02-03 | Wiedemer Michael L | F-InKind | 165.00 | $118.13 | $19,491 |
| 2026-02-02 | Stone Timothy Wade | A-Award | 336.00 | $123.61 | $41,533 |
| 2026-02-02 | Stone Timothy Wade | F-InKind | 100.00 | $123.61 | $12,361 |
| 2026-02-03 | Stone Timothy Wade | F-InKind | 136.00 | $118.13 | $16,066 |
| 2026-02-02 | O'Neill Nathan | A-Award | 426.00 | $123.61 | $52,658 |
| 2026-02-02 | O'Neill Nathan | F-InKind | 105.00 | $123.61 | $12,979 |
| 2026-02-03 | O'Neill Nathan | F-InKind | 166.00 | $118.13 | $19,610 |
| 2026-02-02 | Gagnon John J | A-Award | 210.00 | $123.61 | $25,958 |
Dividend History (Last 20)
Last updated: Jun 26, 2026 12:03am (1d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-05-22 | $0.06 | 2026-04-29 | 2026-05-22 | 2026-06-12 |
| 2026-02-20 | $0.06 | 2026-02-02 | 2026-02-20 | 2026-03-13 |
| 2025-11-21 | $0.06 | 2025-10-29 | 2025-11-21 | 2025-12-12 |
| 2025-08-22 | $0.06 | 2025-07-30 | 2025-08-22 | 2025-09-12 |
| 2025-05-23 | $0.06 | 2025-04-30 | 2025-05-23 | 2025-06-13 |
| 2025-02-21 | $0.06 | 2025-02-03 | 2025-02-21 | 2025-03-14 |
| 2024-11-22 | $0.05 | 2024-10-30 | 2024-11-22 | 2024-12-13 |
| 2024-08-23 | $0.05 | 2024-07-31 | 2024-08-23 | 2024-09-13 |
| 2024-05-23 | $0.25 | 2024-04-30 | 2024-05-24 | 2024-06-14 |
| 2024-02-22 | $0.25 | 2024-02-02 | 2024-02-23 | 2024-03-15 |
| 2023-11-22 | $0.20 | 2023-10-31 | 2023-11-24 | 2023-12-15 |
| 2023-08-24 | $0.20 | 2023-08-02 | 2023-08-25 | 2023-09-15 |
| 2023-05-25 | $0.20 | 2023-05-03 | 2023-05-26 | 2023-06-16 |
| 2023-02-23 | $0.20 | 2023-02-03 | 2023-02-24 | 2023-03-17 |
| 2022-11-23 | $0.20 | 2022-10-26 | 2022-11-25 | 2022-12-16 |
| 2022-08-25 | $0.20 | 2022-07-27 | 2022-08-26 | 2022-09-16 |
| 2022-05-26 | $0.20 | 2022-04-27 | 2022-05-27 | 2022-06-17 |
| 2022-02-24 | $0.20 | 2022-01-31 | 2022-02-25 | 2022-03-18 |
| 2021-11-18 | $0.16 | 2021-10-27 | 2021-11-19 | 2021-12-10 |
| 2021-08-19 | $0.16 | 2021-07-28 | 2021-08-20 | 2021-09-10 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for USLM — it's generated by the pipeline (
market-narrative step).
No community reviews yet for USLM.
Be the first — hit How to Contribute, have any AI review this page, and paste its take back here.
My Notes
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30