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United States Lime & Minerals Reports First Quarter 2025 Results and Declares Regular Quarterly Cash Dividend

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United States Lime & Minerals reported strong Q1 2025 financial results, with revenues reaching $91.3 million, up 27.3% from $71.7 million in Q1 2024. Net income grew 52% to $34.1 million ($1.19 per share), compared to $22.4 million ($0.78 per share) in Q1 2024.

The company saw increased sales volumes of lime and limestone products, particularly from construction and environmental customers, along with higher average selling prices. Gross profit jumped 50.8% to $46.2 million, while SG&A expenses increased 29.2% to $6.3 million due to higher personnel costs.

The Board declared a quarterly cash dividend of $0.06 per share, payable June 13, 2025. The company operates lime and limestone facilities across six states, serving construction, industrial, environmental, metals, and oil and gas industries.

United States Lime & Minerals ha riportato solidi risultati finanziari nel primo trimestre del 2025, con ricavi pari a 91,3 milioni di dollari, in aumento del 27,3% rispetto ai 71,7 milioni di dollari del primo trimestre 2024. L'utile netto è cresciuto del 52%, raggiungendo 34,1 milioni di dollari (1,19 dollari per azione), rispetto ai 22,4 milioni di dollari (0,78 dollari per azione) del primo trimestre 2024.

L'azienda ha registrato un aumento dei volumi di vendita di prodotti a base di calce e pietra calcarea, in particolare dai clienti dei settori delle costruzioni e ambientale, insieme a prezzi medi di vendita più elevati. Il profitto lordo è salito del 50,8% a 46,2 milioni di dollari, mentre le spese di vendita, generali e amministrative sono aumentate del 29,2% a 6,3 milioni di dollari, a causa di costi del personale più elevati.

Il Consiglio di Amministrazione ha dichiarato un dividendo trimestrale in contanti di 0,06 dollari per azione, pagabile il 13 giugno 2025. L'azienda gestisce impianti di calce e pietra calcarea in sei stati, servendo i settori delle costruzioni, industriale, ambientale, metallurgico e petrolifero e del gas.

United States Lime & Minerals reportó sólidos resultados financieros en el primer trimestre de 2025, con ingresos que alcanzaron los 91,3 millones de dólares, un aumento del 27,3% respecto a los 71,7 millones de dólares del primer trimestre de 2024. El ingreso neto creció un 52% hasta 34,1 millones de dólares (1,19 dólares por acción), comparado con 22,4 millones de dólares (0,78 dólares por acción) en el primer trimestre de 2024.

La compañía registró un aumento en los volúmenes de ventas de productos de cal y piedra caliza, especialmente de clientes en los sectores de construcción y medio ambiente, junto con precios de venta promedio más altos. La ganancia bruta se incrementó un 50,8% hasta 46,2 millones de dólares, mientras que los gastos de ventas, generales y administrativos aumentaron un 29,2% hasta 6,3 millones de dólares debido a mayores costos de personal.

La Junta declaró un dividendo trimestral en efectivo de 0,06 dólares por acción, pagadero el 13 de junio de 2025. La empresa opera instalaciones de cal y piedra caliza en seis estados, atendiendo a las industrias de construcción, industrial, ambiental, metalúrgica y de petróleo y gas.

United States Lime & Minerals는 2025년 1분기 강력한 재무 실적을 보고했으며, 매출은 9130만 달러로 2024년 1분기 7170만 달러 대비 27.3% 증가했습니다. 순이익은 52% 성장하여 3410만 달러(주당 1.19달러)를 기록했으며, 이는 2024년 1분기의 2240만 달러(주당 0.78달러)와 비교됩니다.

회사는 특히 건설 및 환경 고객을 중심으로 석회 및 석회석 제품의 판매량이 증가했으며, 평균 판매 가격도 상승했습니다. 총이익은 50.8% 증가하여 4620만 달러에 달했으며, 인건비 상승으로 인해 판매관리비는 29.2% 증가하여 630만 달러를 기록했습니다.

이사회는 주당 0.06달러의 분기별 현금 배당금을 선언했으며, 배당금은 2025년 6월 13일에 지급될 예정입니다. 회사는 6개 주에 걸쳐 석회 및 석회석 시설을 운영하며 건설, 산업, 환경, 금속 및 석유·가스 산업에 서비스를 제공합니다.

United States Lime & Minerals a publié de solides résultats financiers pour le premier trimestre 2025, avec un chiffre d'affaires atteignant 91,3 millions de dollars, en hausse de 27,3 % par rapport à 71,7 millions de dollars au premier trimestre 2024. Le bénéfice net a progressé de 52 % pour atteindre 34,1 millions de dollars (1,19 dollar par action), contre 22,4 millions de dollars (0,78 dollar par action) au premier trimestre 2024.

L'entreprise a constaté une augmentation des volumes de ventes de produits à base de chaux et de calcaire, notamment auprès des clients des secteurs de la construction et de l'environnement, ainsi que des prix de vente moyens plus élevés. La marge brute a bondi de 50,8 % pour atteindre 46,2 millions de dollars, tandis que les frais de vente, généraux et administratifs ont augmenté de 29,2 % pour s'établir à 6,3 millions de dollars en raison de coûts de personnel plus élevés.

Le conseil d'administration a déclaré un dividende trimestriel en espèces de 0,06 dollar par action, payable le 13 juin 2025. L'entreprise exploite des installations de chaux et de calcaire dans six États, desservant les industries de la construction, industrielle, environnementale, métallurgique ainsi que du pétrole et du gaz.

United States Lime & Minerals meldete starke Finanzergebnisse für das erste Quartal 2025 mit einem Umsatz von 91,3 Millionen US-Dollar, was einer Steigerung von 27,3 % gegenüber 71,7 Millionen US-Dollar im ersten Quartal 2024 entspricht. Der Nettogewinn stieg um 52 % auf 34,1 Millionen US-Dollar (1,19 US-Dollar pro Aktie) im Vergleich zu 22,4 Millionen US-Dollar (0,78 US-Dollar pro Aktie) im ersten Quartal 2024.

Das Unternehmen verzeichnete höhere Absatzmengen bei Kalk- und Kalksteinprodukten, insbesondere von Kunden aus den Bereichen Bauwesen und Umwelt, sowie höhere durchschnittliche Verkaufspreise. Der Bruttogewinn stieg um 50,8 % auf 46,2 Millionen US-Dollar, während die Vertriebs-, Verwaltungs- und Gemeinkosten aufgrund höherer Personalkosten um 29,2 % auf 6,3 Millionen US-Dollar zunahmen.

Der Vorstand erklärte eine vierteljährliche Bardividende von 0,06 US-Dollar pro Aktie, zahlbar am 13. Juni 2025. Das Unternehmen betreibt Kalk- und Kalksteinwerke in sechs Bundesstaaten und bedient die Bau-, Industrie-, Umwelt-, Metall- sowie Öl- und Gasindustrie.

Positive
  • Revenue increased 27.3% to $91.3M in Q1 2025 vs Q1 2024
  • Gross profit surged 50.8% to $46.2M in Q1 2025
  • Net income grew 52% to $34.1M ($1.19 per share)
  • Higher interest income from increased cash balances
  • Strong demand from construction customers and large ongoing projects
Negative
  • SG&A expenses increased 29.2% to $6.3M due to higher personnel costs

Insights

United States Lime reported exceptional Q1 with 27.3% revenue growth, 50.8% gross profit increase, and 52% net income surge.

United States Lime & Minerals has delivered remarkable Q1 2025 results with significant growth across all key financial metrics. Revenue increased 27.3% to $91.3 million, driven by higher sales volumes to construction and environmental customers, coupled with price increases for their lime and limestone products.

The most impressive aspect is the company's gross profit performance, which jumped 50.8% to $46.2 million. This translates to a gross margin expansion from 42.7% in Q1 2024 to 50.6% in Q1 2025 - a substantial 790 basis point improvement demonstrating significant pricing power and operational efficiency.

Net income rose 52.0% to $34.1 million ($1.19 per share), compared to $22.4 million ($0.78 per share) in Q1 2024, showcasing excellent operating leverage as profitability growth substantially outpaced revenue growth. While SG&A expenses increased by 29.2% to $6.3 million, this was more than offset by the strong top-line performance.

The company maintains an exceptionally strong balance sheet with $388.3 million in current assets and total stockholders' equity of $532.2 million. CEO Timothy Byrne specifically attributed the performance to "solid demand from construction customers" amplified by "large, ongoing construction projects." The declared quarterly dividend of $0.06 per share further reflects management's confidence in the company's financial strength.

DALLAS, April 30, 2025 (GLOBE NEWSWIRE) -- United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported first quarter 2025 results: The Company’s revenues in the first quarter 2025 were $91.3 million, compared to $71.7 million in the first quarter 2024, an increase of $19.6 million, or 27.3%. The increase in revenues in the first quarter 2025, compared to the first quarter 2024, resulted from an increase in sales volumes of the Company’s lime and limestone products, principally to the Company’s construction and environmental customers, and an increase in average selling prices for the Company’s lime and limestone products.

The Company’s gross profit was $46.2 million in the first quarter 2025, compared to $30.6 million in the first quarter 2024, an increase of $15.5 million, or 50.8%. The increase in gross profit in the first quarter 2025, compared to the first quarter 2024, resulted primarily from the increases in revenues discussed above.

Selling, general and administrative (“SG&A”) expenses were $6.3 million in the first quarter 2025, compared to $4.8 million in the first quarter 2024, an increase of $1.4 million, or 29.2%. The increase in SG&A expenses in the first quarter 2025, compared to the first quarter 2024, was primarily due to increased personnel expenses, including stock-based compensation.

Other (income) expense, net was $3.1 million income in the first quarter 2025, compared to $2.5 million income in the first quarter 2024, reflecting an increase of $0.6 million. The increase in other (income) expense, net for the first quarter 2025, compared to the first quarter 2024, was primarily due to interest earned on higher average balances of cash and cash equivalents.

The Company reported net income of $34.1 million ($1.19 per share diluted) in the first quarter 2025, compared to $22.4 million ($0.78 per share diluted) in the first quarter 2024, reflecting an increase of $11.7 million, or 52.0%.

“We are pleased with the Company’s strong financial performance in the first quarter 2025. We continued to see solid demand from our construction customers during the quarter, which was further amplified by some large, ongoing construction projects,” said Timothy W. Byrne, President and Chief Executive Officer.

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 June 13, 2025 to shareholders of record at the close of business on May 23, 2025.

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 changes in 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.

Contact: Timothy W. Byrne
(972) 991-8400

        
United States Lime & Minerals, Inc.
CONDENSED CONSOLIDATED FINANCIAL DATA
(In thousands, except per share amounts)
(Unaudited)
        
  Three Months Ended 
  March 31,  
  2025  2024  
INCOME STATEMENTS       
        
Revenues $ 91,253  $71,687  
Cost of revenues   45,097   41,080  
Gross profit $ 46,156  $30,607  
        
Selling, general and administrative expenses   6,262   4,848  
Operating profit $ 39,894  $25,759  
        
Other (income) expense, net   (3,091)  (2,540) 
Income tax expense   8,872   5,860  
Net income $ 34,113  $22,439  
        
Income per share of common stock:       
Basic $ 1.19  $0.79  
Diluted $ 1.19  $0.78  
Weighted-average shares outstanding:       
Basic   28,623   28,537  
Diluted   28,719   28,623  
Cash dividends per share of common stock $ 0.06  $0.05  
        
  March 31, December 31, 
  2025  2024  
BALANCE SHEETS       
Assets:       
Current assets $ 388,337  $354,782  
Property, plant and equipment, net   191,810   182,891  
Other non-current assets   5,108   5,490  
Total assets $ 585,255  $543,163  
Liabilities and Stockholders’ Equity:       
Current liabilities $ 25,391  $16,962  
Deferred tax liabilities, net   23,088   23,659  
Other long-term liabilities   4,569   4,801  
Stockholders’ equity   532,207   497,741  
Total liabilities and stockholders’ equity $ 585,255  $543,163  
          

FAQ

How much did USLM earnings increase in Q1 2025 compared to Q1 2024?

USLM's net income increased by 52% to $34.1 million ($1.19 per share) in Q1 2025, up from $22.4 million ($0.78 per share) in Q1 2024.

What is the Q2 2025 dividend payment date for USLM stock?

USLM will pay a quarterly cash dividend of $0.06 per share on June 13, 2025, to shareholders of record as of May 23, 2025.

What drove USLM's revenue growth in Q1 2025?

USLM's 27.3% revenue growth was driven by increased sales volumes of lime and limestone products to construction and environmental customers, along with higher average selling prices.

How much revenue did USLM generate in Q1 2025?

USLM reported revenues of $91.3 million in Q1 2025, representing a $19.6 million increase from $71.7 million in Q1 2024.

What was USLM's gross profit margin in Q1 2025?

USLM's gross profit was $46.2 million in Q1 2025, representing approximately 50.6% of total revenues.
United Sts Lime & Minerals Inc

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USLM Stock Data

2.64B
10.69M
63.11%
27.93%
1.71%
Building Materials
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
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United States
DALLAS