The Monarch Cement Company (MCEM) Q3 2025 earnings summary

Executive summary

• Net sales for the nine months ended September 30, 2025, decreased by $22.9 million year-over-year, with higher cement sales offset by a significant decline in ready-mixed concrete sales.

• Gross profit rate declined to 35.9% from 36.9% year-over-year, reflecting lower volumes and higher production costs in the cement segment.

• Net income for the nine months was $46.6 million, down from $54.5 million in the prior year period.

• Cash position at September 30, 2025, was $56.8 million, compared to $59.0 million a year earlier.

Financial highlights

• Net sales for the nine months ended September 30, 2025: $179.6 million, down from $202.5 million year-over-year.

• Net income for the nine months: $46.6 million, compared to $54.5 million year-over-year.

• Basic earnings per share for the nine months: $12.14, down from $14.87 year-over-year.

• Cash dividends paid increased by $9.2 million year-over-year.

• Capital expenditures for the nine months: $25.5 million, with a full-year plan of $40.1 million.

Outlook and guidance

• Planned total investment in property, plant, and equipment for 2025 is $40.1 million.

• No minimum expected contributions to pension plans for 2025; $902,000 expected for postretirement benefits.