United States Lime & Minerals Reports Fourth Quarter and Full Year 2025 Results and Declares Regular Quarterly Cash Dividend
MWN-AI** Summary
United States Lime & Minerals, Inc. (NASDAQ: USLM) reported its financial results for the fourth quarter and full year of 2025 on February 2, 2026. The Company achieved fourth-quarter revenues of $87.9 million, marking a 9.8% increase from $80.1 million in the same quarter of 2024. This growth is attributed to higher sales volumes driven primarily by increased demand from construction and steel clients, although these gains were somewhat mitigated by decreased demand from sectors like oil and gas services.
For the full year 2025, revenues rose 17.3% to $372.7 million compared to $317.7 million in 2024. Key drivers for this improvement included increased sales volumes and higher average selling prices for lime and limestone products. Gross profit also saw significant growth, reaching $42.2 million for the fourth quarter and $182.4 million for the full year, reflecting respective increases of 19.0% and 26.7% over 2024.
However, selling, general, and administrative (SG&A) expenses rose significantly, increasing to $6.2 million in the fourth quarter and $24.5 million for the entire year. The Company reported a net income of $30.5 million ($1.06 per diluted share) for the fourth quarter and $134.3 million ($4.67 per diluted share) for the fiscal year, showing year-over-year increases of 13.2% and 23.4%, respectively.
In addition to these results, the Board of Directors declared a quarterly cash dividend of $0.06 per share, payable on March 13, 2026. CEO Timothy W. Byrne expressed satisfaction with the Company's 2025 performance but noted potential challenges due to a winter storm’s impact on first-quarter 2026 operations and ongoing weakness in the roof shingle sector.
MWN-AI** Analysis
United States Lime & Minerals, Inc. (NASDAQ: USLM) recently released its fourth quarter and full-year 2025 results, showcasing robust growth driven primarily by increasing demand from the construction and steel sectors. With revenues rising 17.3% year-over-year to $372.7 million, and a quarterly gross profit increase of 19% to $42.2 million, the company’s solid performance underscores its pivotal role in the industrial supply chain.
However, it's essential to highlight potential headwinds. The company experienced a notable demand drop from its oil and gas services and roof shingle customers, which may indicate sector-specific challenges. This fluctuation emphasizes the importance of diversified revenue streams, and while the construction sector has buoyed sales, ongoing uncertainties in other segments could pose risks in the near term.
Despite these factors, USLM's strategic positioning in environmentally friendly industries bolsters its long-term prospects. As municipalities increasingly prioritize sustainable solutions, USLM stands to benefit from elevated demand for its lime and limestone products.
Additionally, the company's declaration of a quarterly cash dividend of $0.06 per share reflects a commitment to returning value to shareholders, positioning it as a reliable income-generating stock. Investors keen on steady dividends may find this appealing, but it is crucial to monitor market conditions and the impact of the recent winter storm on Q1 2026 performance, which could disrupt near-term results.
In summary, while United States Lime & Minerals demonstrates solid financial health and growth potential, investors should remain vigilant regarding sector-specific vulnerabilities and broader economic indicators influencing demand. A cautious approach that accounts for variability in customer segments, while capitalizing on the company’s strengths in construction and environmental solutions, is advised.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
DALLAS, Feb. 02, 2026 (GLOBE NEWSWIRE) -- United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported fourth quarter and full year 2025 results: The Company’s revenues in the fourth quarter 2025 were $87.9 million, compared to $80.1 million in the fourth quarter 2024, an increase of $7.9 million, or 9.8%. The increase in revenues in the fourth quarter 2025, compared to the fourth quarter 2024, resulted primarily from increased sales volumes, principally due to increased demand from the Company’s construction and steel customers, partially offset by decreased demand from the Company’s oil and gas services and roof shingle customers.
For the full year 2025, the Company’s revenues were $372.7 million, compared to $317.7 million in the full year 2024, an increase of $55.0 million, or 17.3%. The increase in revenues in the full year 2025, compared to the full year 2024, resulted from increases in sales volumes and average selling prices of the Company’s lime and limestone products. The increase in sales volumes for the full year 2025 was principally due to increased demand from the Company’s construction, environmental, and steel customers, partially offset by decreased demand from the Company’s oil and gas services customers.
The Company’s gross profit was $42.2 million in the fourth quarter 2025, compared to $35.4 million in the fourth quarter 2024, an increase of $6.7 million, or 19.0%. The Company’s gross profit in the full year 2025 was $182.4 million, compared to $144.0 million in the full year 2024, an increase of $38.4 million, or 26.7%. The increases in gross profit in the fourth quarter and the full year 2025, compared to the comparable 2024 periods, resulted primarily from the increases in revenues discussed above.
Selling, general and administrative (“SG&A”) expenses were $6.2 million in the fourth quarter 2025, compared to $4.4 million in the fourth quarter 2024, an increase of $1.8 million, or 41.6%. SG&A expenses were $24.5 million in the full year 2025, compared to $19.1 million in the full year 2024, an increase of $5.5 million, or 28.8%. The increases in SG&A expenses in the fourth quarter and the full year 2025, compared to the comparable 2024 periods, were primarily due to increased personnel expenses.
Other (income) expense, net was $3.6 million and $13.2 million income in the fourth quarter and the full year 2025, respectively, compared to $3.1 million and $11.5 million income in the fourth quarter and the full year 2024, respectively, reflecting increases of $0.5 million and $1.7 million, respectively. The increases in other (income) expense, net for the fourth quarter and the full year 2025, compared to the comparable 2024 periods, were primarily due to interest earned on higher average balances of cash and cash equivalents.
The Company reported net income of $30.5 million ($1.06 per share diluted) and $134.3 million ($4.67 per share diluted) in the fourth quarter and the full year 2025, respectively, compared to $27.0 million ($0.94 per share diluted) and $108.8 million ($3.79 per share diluted) in the fourth quarter and the full year 2024, respectively, reflecting increases of $3.6 million, or 13.2%, and $25.4 million, or 23.4%, respectively.
In January 2026, much of North America experienced an expansive major winter storm which interrupted commerce in the areas the Company serves. The Company’s plants did not sustain any damage from the storm, but product shipments were interrupted for a period of time. The impact, if any, on the Company’s first quarter 2026 financial performance has not been determined.
“We are pleased with the Company’s financial performance in 2025. Overall demand was up, compared to 2024, led by our construction customers, including the construction of some large data centers in the regions that we serve,” said Timothy W. Byrne, President and Chief Executive Officer. “We see general delays in customer shipments due to winter weather interruptions as well as continuing weakness in demand from our roof shingle customers in the first quarter 2026,” Mr. Byrne added.
Dividend
The Company announced today that the Board of Directors has declared a regular quarterly cash dividend of $0.06 per share on the Company’s common stock. This dividend is payable on March 13, 2026 to shareholders of record at the close of business on February 20, 2026.
United States Lime & Minerals, Inc., a NASDAQ-listed public company with headquarters in Dallas, Texas, is a manufacturer of lime and limestone products, supplying primarily the construction (including highway, road and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), roof shingle manufacturers, agriculture (including poultry producers), and oil and gas services industries. The Company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma, and Texas through its wholly owned subsidiaries, Arkansas Lime Company, ART Quarry TRS LLC (DBA Carthage Crushed Limestone), Colorado Lime Company, Mill Creek Dolomite, LLC, Texas Lime Company, U.S. Lime Company, U.S. Lime Company-Shreveport, U.S. Lime Company-St. Clair, and U.S. Lime Company-Transportation. In addition, the Company, through its wholly owned subsidiary, U.S. Lime Company-O & G, LLC, has royalty and non-operated working interests in natural gas wells located in Johnson County, Texas, in the Barnett Shale Formation.
Any statements contained in this News Release, including, but not limited to, statements relating to demand, that are not statements of historical fact are forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. The Company undertakes no obligation to publicly update or revise any forward-looking statements, and investors are cautioned that such statements involve risks and uncertainties that could cause actual results to differ materially from expectations, including without limitation those risks and uncertainties indicated from time to time in the Company’s filings with the Securities and Exchange Commission.
(Tables Follow)
| United States Lime & Minerals, Inc. | ||||||||||||||||
| CONDENSED CONSOLIDATED FINANCIAL DATA | ||||||||||||||||
| (In thousands, except per share amounts) | ||||||||||||||||
| (Unaudited) | ||||||||||||||||
| Three Months Ended | Year Ended | |||||||||||||||
| December 31, | December 31, | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| INCOME STATEMENTS | ||||||||||||||||
| Revenues | $ | 87,940 | $ | 80,062 | $ | 372,727 | $ | 317,721 | ||||||||
| Cost of revenues | 45,765 | 44,623 | 190,329 | 173,740 | ||||||||||||
| Gross profit | $ | 42,175 | $ | 35,439 | $ | 182,398 | $ | 143,981 | ||||||||
| Selling, general and administrative expenses | 6,161 | 4,352 | 24,539 | 19,058 | ||||||||||||
| Operating profit | $ | 36,014 | $ | 31,087 | $ | 157,859 | $ | 124,923 | ||||||||
| Other (income) expense, net | (3,553 | ) | (3,073 | ) | (13,158 | ) | (11,460 | ) | ||||||||
| Income tax expense | 9,018 | 7,170 | 36,742 | 27,544 | ||||||||||||
| Net income | $ | 30,549 | $ | 26,990 | $ | 134,275 | $ | 108,839 | ||||||||
| Income per share of common stock: | ||||||||||||||||
| Basic | $ | 1.07 | $ | 0.94 | $ | 4.69 | $ | 3.81 | ||||||||
| Diluted | $ | 1.06 | $ | 0.94 | $ | 4.67 | $ | 3.79 | ||||||||
| Weighted-average shares outstanding: | ||||||||||||||||
| Basic | 28,639 | 28,596 | 28,635 | 28,579 | ||||||||||||
| Diluted | 28,740 | 28,706 | 28,733 | 28,688 | ||||||||||||
| Cash dividends per share of common stock | $ | 0.06 | $ | 0.05 | $ | 0.24 | $ | 0.20 | ||||||||
| December 31, | December 31, | |||||||||||||||
| 2025 | 2024 | |||||||||||||||
| BALANCE SHEETS | ||||||||||||||||
| Assets: | ||||||||||||||||
| Current assets | $ | 455,316 | $ | 354,782 | ||||||||||||
| Property, plant and equipment, net | 221,421 | 182,891 | ||||||||||||||
| Other non-current assets | 4,307 | 5,490 | ||||||||||||||
| Total assets | $ | 681,044 | $ | 543,163 | ||||||||||||
| Liabilities and Stockholders’ Equity: | ||||||||||||||||
| Current liabilities | $ | 23,632 | $ | 16,962 | ||||||||||||
| Deferred tax liabilities, net | 22,999 | 23,659 | ||||||||||||||
| Other long-term liabilities | 3,653 | 4,801 | ||||||||||||||
| Stockholders’ equity | 630,760 | 497,741 | ||||||||||||||
| Total liabilities and stockholders’ equity | $ | 681,044 | $ | 543,163 |
Contact: Timothy W. Byrne
(972) 991-8400
FAQ**
How does the revenue growth of United States Lime & Minerals Inc. (USLM) in 2025 compare to industry trends, particularly regarding demand from construction and steel customers?
What strategies is United States Lime & Minerals Inc. (USLM) implementing to address decreased demand from its oil and gas services sector in light of the recent financial results?
Can you provide insights into how United States Lime & Minerals Inc. (USLM) plans to manage its increased SG&A expenses moving forward, especially given the substantial rise observed in 2025?
Considering the impact of the winter storm on operations, how does United States Lime & Minerals Inc. (USLM) anticipate its first quarter 2026 performance will be affected in light of disruptions in product shipments?
**MWN-AI FAQ is based on asking OpenAI questions about United States Lime & Minerals Inc. (NASDAQ: USLM).
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