United States Lime & Minerals (USLM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

United States Lime & Minerals

NasdaqGS•Basic Materials•Building Materials

$121.04+2.05(0.02%)Pre-market

Market Cap

$3.47B

P/E

26.0x

P/S

9.1x

P/B

4.7x

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; oil and gas services companies; roof shingle manufacturers; and poultry producers, as well as steel producers. In addition, the company has various royalty 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. United States Lime & Minerals, Inc. is a subsidiary of Inberdon Enterprises Ltd.

How this company scores

GoodMetricSide Score: 70/100

Strongest: Profitability (25/25); weakest: Growth (14/25).

Profitability25/25

Growth14/25

Balance Sheet & Red Flags15/25

Cash & Earnings Quality16/25

Strengths

Strong marginsHigh ROEInterest easily coveredConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 26.0x5y range 13.9x – 35.4x

Currently near its 20-quarter median.

P/S · 9.1x5y range 2.6x – 12.1x

Currently above its 20-quarter median.

P/B · 4.7x5y range 1.9x – 7.7x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 3 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $3.47B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $381.09M
Q. Revenue: $106.19M
TTM EBITDA: $183.31M
TTM Op. Income: $157.15M
Q. Op. Income: $44.70M
TTM Net Income: $133.68M
Q. Net Income: $38.04M
EPS: $1.33
Shares Out.: $28.69M

$381.09M in TTM revenue grew 4.5% YoY, reaching $106.19M last quarter. TTM EBITDA of $183.31M and TTM operating income of $157.15M show growth is flowing through to the bottom line. TTM net income of $133.68M means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 47.8%
EBITDA Margin: 48.1%
Op. Margin: 42.1%
Net Margin: 35.8%

Op. margin of 42.1% is down 3.3% YoY — costs are rising relative to revenue. Net margin at 35.8% and gross margin of 47.8% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 26.0x
P/S Ratio: 9.1x
P/B Ratio: 4.7x

At 26.0x P/E, the stock trades within typical market levels. P/S of 9.1x and P/B of 4.7x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Over the past year, P/E is down 9% — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $798.43M
Cash: $439.25M
Long-Term Debt: N/A
Book Value: $733.83M
D/E Ratio: N/A
Debt/EBITDA: 0.0

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $52.17M
TTM Free Cash Flow: $98.73M
FCF Margin: 25.9%
FCF / Net Income: 0.7

TTM FCF of $98.73M on $52.17M in operating cash flow. The FCF / Net Income ratio of 0.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has risen for 2 consecutive quarters — an improving trend.