United States Lime & Minerals Reports First Quarter 2026 Results and Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
United States Lime & Minerals (NASDAQ: USLM) reported Q1 2026 results with revenues of $87.8 million, down 3.7% from $91.3 million a year earlier, and net income of $30.6 million ($1.06 diluted), down 10.4% versus Q1 2025. Gross profit declined to $41.8 million. The Board declared a $0.06 quarterly cash dividend payable June 12, 2026 to holders of record May 22, 2026. Management cited lower volumes from construction, oil & gas services and roof shingle customers, higher fuel and transportation costs, and progress on a new Texas kiln expected to start up this summer.
Positive
- Declared regular quarterly cash dividend of $0.06 per share
- Property, plant and equipment increased to $232.1 million at March 31, 2026
- Company reported $476.3 million in current assets at March 31, 2026
- New Texas kiln project progressing toward expected summer startup
Negative
- Revenues decreased 3.7% to $87.8 million in Q1 2026 versus Q1 2025
- Gross profit declined 9.5% to $41.8 million year-over-year
- Net income decreased 10.4% to $30.6 million ($1.06 diluted)
- Higher fuel and transportation costs reduced margins in Q1 2026
News Market Reaction – USLM
In the Apr 30 session, USLM declined 16.04%, reflecting a significant negative market reaction. Argus tracked a trough of -14.1% from its starting point during tracking. Our momentum scanner triggered 19 alerts that day, indicating notable trading interest and price volatility.
Data tracked by StockTitan Argus on the day of publication.
Key Figures
Previous Dividends,earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Feb 02 | Q4/FY 2025 earnings | Positive | -4.4% | Reported strong Q4 and full-year 2025 growth and maintained $0.06 dividend. |
| Oct 29 | Q3 2025 earnings | Positive | -4.0% | Q3 2025 revenue and profit rose double digits; dividend of $0.06 declared. |
| Jul 30 | Q2 2025 earnings | Positive | -10.7% | Q2 2025 revenues, net income, and gross profit all grew strongly year over year. |
| Apr 30 | Q1 2025 earnings | Positive | +4.8% | Q1 2025 revenue and net income increased sharply; $0.06 dividend declared. |
| Feb 03 | Q4/FY 2024 earnings | Positive | +1.7% | Strong Q4 and 2024 growth with higher dividend set at $0.06 per share. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent dividends/earnings releases often showed strong fundamentals but were followed by negative price reactions in 3 of the last 5 events.
Over the past year, USLM has reported a series of strong quarters, with revenues and net income rising through 2024 and 2025, and a steady quarterly dividend of $0.06 per share. Earnings releases on Feb 2, 2026 and in 2025 generally highlighted double‑digit growth, yet three of five such announcements saw shares decline the next day. Today’s Q1 2026 update, showing softer results but an unchanged dividend, fits into this pattern of fundamental strength paired with sometimes cautious market reactions.
Key Terms
selling, general and administrative expenses financial
sg&a financial
stock-based compensation financial
non-operated working interests financial
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, April 29, 2026 (GLOBE NEWSWIRE) -- United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported first quarter 2026 results: The Company’s revenues in the first quarter 2026 were
The Company’s gross profit was
Selling, general and administrative (“SG&A”) expenses were
Other (income) expense, net was
The Company reported net income of
“Although we experienced our first revenue decrease against the comparable prior-year quarter since the COVID pandemic began in 2020, we remain optimistic about the balance of the year, including as it pertains to demand from our construction customers,” said Timothy W. Byrne, President and Chief Executive Officer. “We are also pleased with the progress on the new kiln project at our Texas facility and anticipate it will start up this summer,” Mr. Byrne added.
Dividend
The Company announced today that the Board of Directors has declared a regular quarterly cash dividend of
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 and the Texas kiln project, 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.
| United States Lime & Minerals, Inc. CONDENSED CONSOLIDATED FINANCIAL DATA (In thousands, except per share amounts) (Unaudited) | |||||||||
| Three Months Ended | |||||||||
| March 31, | |||||||||
| 2026 | 2025 | ||||||||
| INCOME STATEMENTS | |||||||||
| Revenues | $ | 87,833 | $ | 91,253 | |||||
| Cost of revenues | 46,081 | 45,097 | |||||||
| Gross profit | $ | 41,752 | $ | 46,156 | |||||
| Selling, general and administrative expenses | 5,969 | 6,262 | |||||||
| Operating profit | $ | 35,783 | $ | 39,894 | |||||
| Other (income) expense, net | (3,229 | ) | (3,091 | ) | |||||
| Income tax expense | 8,430 | 8,872 | |||||||
| Net income | $ | 30,582 | $ | 34,113 | |||||
| Income per share of common stock: | |||||||||
| Basic | $ | 1.07 | $ | 1.19 | |||||
| Diluted | $ | 1.06 | $ | 1.19 | |||||
| Weighted-average shares outstanding: | |||||||||
| Basic | 28,671 | 28,623 | |||||||
| Diluted | 28,770 | 28,719 | |||||||
| Cash dividends per share of common stock | $ | 0.06 | $ | 0.06 | |||||
| March 31, | December 31, | ||||||||
| 2026 | 2025 | ||||||||
| BALANCE SHEETS | |||||||||
| Assets: | |||||||||
| Current assets | $ | 476,265 | $ | 455,316 | |||||
| Property, plant and equipment, net | 232,092 | 221,421 | |||||||
| Other non-current assets | 5,480 | 4,307 | |||||||
| Total assets | $ | 713,837 | $ | 681,044 | |||||
| Liabilities and Stockholders’ Equity: | |||||||||
| Current liabilities | $ | 22,975 | $ | 23,632 | |||||
| Deferred tax liabilities, net | 26,429 | 22,999 | |||||||
| Other long-term liabilities | 3,274 | 3,653 | |||||||
| Stockholders’ equity | 661,159 | 630,760 | |||||||
| Total liabilities and stockholders’ equity | $ | 713,837 | $ | 681,044 | |||||
Contact: Timothy W. Byrne
(972) 991-8400
