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United States Lime & Minerals (USLM) investor relations material
United States Lime & Minerals Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2026 revenue rose 4.1% YoY to $106.2M; net income fell 1.9% to $38.0M. 9M revenue increased 2.9% to $293.1M, while net income declined 0.6% to $103.1M.
Higher selling prices and lime/limestone volumes supported revenue, while diesel-driven transportation and fuel costs and Texas kiln integration inefficiencies pressured gross profit.
Financial highlights
Q3 revenue was $106.2M vs. $102.0M YoY; 9M revenue was $293.1M vs. $284.8M.
Gross profit was $50.8M in Q3 vs. $52.2M and $139.2M for 9M vs. $140.2M; operating profit was $44.7M vs. $46.3M and $121.1M vs. $121.8M, respectively.
Net income was $38.0M in Q3 vs. $38.8M and $103.1M for 9M vs. $103.7M.
Q3 SG&A increased 2.3% to $6.1M; 9M SG&A decreased 1.5% to $18.1M.
Outlook and guidance
The new Texas kiln began intermittent quicklime production in Q3; final commissioning is expected in Q4 2026, after which depreciation will begin.
Cash on hand and operating cash flows are expected to cover operating, capital and liquidity needs, including regular quarterly dividends, for the near future absent a significant acquisition.
Construction demand remains a longer-term positive; large-project delays and signs of slowing Texas residential construction are being monitored.
- Q2 2026 revenue and net income rose sharply, fueled by robust construction demand.USLM
Q2 2026 - Q1 2026 revenue and profit declined, but strong liquidity and kiln project progress support optimism.USLM
Q1 2026 - Director elections and executive compensation are key votes, with a focus on governance and sustainability.USLM
Proxy filing - 2025 revenue and net income rose sharply, driven by construction demand; shipment delays expected.USLM
Q4 2025 - Director elections, executive pay, and ESG priorities headline the 2025 annual meeting.USLM
Proxy Filing - Double-digit revenue and profit growth driven by robust construction and data center demand.USLM
Q3 2025 - Revenue and profit surged on strong demand, higher prices, and a raised dividend.USLM
Q2 2025 - Q3 2024 net income jumped 60.9% on strong revenue and margin growth.USLM
Q3 2024 - Net income surged 32% in Q2 2024, with a 5-for-1 stock split and higher dividend declared.USLM
Q2 2024
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