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United States Lime & Minerals, Inc.

USLM NASDAQ Categories PDF
Basic Materials · Construction Materials · United States · Updated May 10, 11:21pm
$110.02
Price
$3.2B
Market Cap
345
Employees
0.70
Beta
Timothy W. Byrne
CEO
Business Description

United States Lime & Minerals, Inc. manufactures and supplies lime and limestone products in the United States. It extracts limestone from open-pit quarries and an underground mine, and processes it as pulverized limestone, quicklime, hydrated lime, and lime slurry. The company supplies its products primarily to the construction customers, including highway, road, and building contractors; industrial customers, such as paper and glass manufacturers; environmental customers comprising municipal sanitation and water treatment facilities, and flue gas treatment processes; steel producers; oil and gas services companies; roof shingle manufacturers; and poultry and cattle feed producers. It also has various royalty interests and non-operating working interests with respect to oil and gas rights in natural gas wells located in Johnson County, Texas in the Barnett Shale Formation. The company was incorporated in 1950 and is headquartered in Dallas, Texas.

Business History
Price Overview
Last updated: May 11, 2026 1:52pm (just now)
$111.08
+1.06 (+0.96%)
Day Range
$110.33 – $113.03
52-Week Range
$94.02 – $141.44
50-Day MA
$124.71
200-Day MA
$122.15
Volume
36,801.45
Analyst Price Targets
Low $138.00
Consensus $138.00
High $138.00
(1 analysts)
Share Structure
Outstanding 28,682,054.00
Float 10,722,200.00
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)
API
Stock Price / EPS (Diluted)
24.36
Stock Price: $110.02
EPS (Diluted): 4.69
P/B Ratio (Price vs net asset value)
API
Stock Price / Book Value Per Share
5.44
Stock Price: $110.02
Total Equity: $630.76M
Shares: 28,733,188
EV/EBITDA (Total value vs operating profit)
API
Enterprise Value / EBITDA
16.24
Market Cap: $3.16B
Total Debt: $1.64M
Cash: $371.12M
EBITDA: $183.08M
Enterprise Value (Takeover price (cap + debt - cash))
API
Market Cap + Total Debt - Cash
$3.1B
Market Cap: $3.16B
Total Debt: $1.64M
Cash: $371.12M
Gross Margin (Revenue left after direct costs)
API
Gross Profit / Revenue
48.8%
Gross Profit: $182.06M
Revenue: $372.73M
Operating Margin (Revenue left after all operations)
API
Operating Income / Revenue
42.4%
Operating Income: $157.86M
Revenue: $372.73M
Net Margin (Revenue left as actual profit)
API
Net Income / Revenue
36.0%
Net Income: $134.28M
Revenue: $372.73M
ROE (Profit from shareholder equity)
API
Net Income / Total Equity
21.3%
Net Income: $134.28M
Total Equity: $630.76M
ROIC (Profit from all invested capital)
API
NOPAT / Invested Capital
17.4%
Operating Income: $157.86M
Tax Rate: 21.5%
Equity: $630.76M
Total Debt: $1.64M
Cash: $371.12M
Current Ratio (Can it pay short-term bills)
API
Current Assets / Current Liabilities
19.27
Current Assets: $455.32M
Current Liabilities: $23.63M
Debt/Equity (Leverage — debt vs equity)
CALC
Total Debt / Total Equity
0.00
Short-Term Debt: $1.64M
Long-Term Debt: $0.00
Total Debt: $1.64M
Total Equity: $630.76M
Rev/Share (Top-line per share)
CALC
Revenue / Shares Outstanding
$12.97
Revenue: $372.73M
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
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 is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
API
Last Annual Dividend / Stock Price
0.2%
Last Dividend: N/A
Stock Price: $110.02
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
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)
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 $67.3M $77.0M $109.2M $149.1M $183.1M
EPS $1.31 $1.60 $2.61 $3.81 $4.69
EPS (Diluted) — — — — —
Balance Sheet (Annual)
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)
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)
Metric 2026 2027 2028 2029
Revenue $465.0M
$465.0M – $465.0M
 $529.0M
$529.0M – $529.0M
 $562.0M
$562.0M – $562.0M
 $573.0M
$573.0M – $573.0M
EBITDA $299.2M
$299.2M – $299.2M
 $340.4M
$340.4M – $340.4M
 $361.6M
$361.6M – $361.6M
 $368.7M
$368.7M – $368.7M
Net Income $156.3M
$156.3M – $156.3M
 $177.6M
$177.6M – $177.6M
 $187.9M
$187.9M – $187.9M
 $181.0M
$181.0M – $181.0M
EPS — — — —
Growth Trends (YoY %)
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 +14.4% +41.9% +36.5% +22.8%
Insider Trading (Recent)
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)
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
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My Notes personal — only you see this
Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.193 · 1946f027 · 2026-05-08 18:57:27