United States Lime & Minerals Reports Second Quarter 2026 Results and Declares Regular Quarterly Cash Dividend
Rhea-AI Summary
United States Lime & Minerals (NASDAQ: USLM) reported second quarter 2026 revenues of $99.1 million, up 8.3% from $91.5 million a year earlier, driven mainly by higher sales volumes to construction and steel customers, partly offset by weaker demand from roof shingle customers.
Gross profit for Q2 2026 rose to $46.7 million from $41.9 million (11.6%), while six‑month gross profit was $88.5 million, nearly flat versus $88.0 million in 2025. Q2 2026 net income increased to $34.5 million, or $1.20 diluted EPS, compared with $30.8 million, or $1.07 diluted EPS, in Q2 2025; six‑month net income was $65.1 million, essentially unchanged from $64.9 million.
SG&A expenses declined slightly for both the quarter and year‑to‑date, and other income increased due to higher interest on larger cash balances. The board declared a regular quarterly cash dividend of $0.06 per share, payable September 11, 2026, to shareholders of record on August 21, 2026.
Positive
- Q2 2026 revenue up 8.3% to $99.1 million
- Q2 2026 net income up 11.9% to $34.5 million
- Operating profit increased to $40.7 million from $35.7 million in Q2
- Other income rose to $3.4 million in Q2 on higher cash interest
- SG&A expenses down 2.0% in Q2 and 3.3% year‑to‑date
- Quarterly dividend of $0.06 per share declared for September 11, 2026
Negative
- First-half 2026 revenue growth modest at 2.3% year over year
- First-half gross profit nearly flat, up only 0.5% to $88.5 million
- Higher fuel and transportation costs partially offset revenue-driven profit gains
- Decreased demand from roof shingle customers impacted sales mix
Key Figures
Previous Dividends,earnings Reports
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| Apr 29 | Q1 earnings report | Positive | -16.0% | Quarterly results, dividend declaration, and Texas kiln update preceded a 16.04% decline. |
| Feb 02 | FY earnings report | Positive | -4.4% | Strong quarterly and annual results with dividend declaration preceded a 4.43% decline. |
| Oct 29 | Q3 earnings report | Positive | -4.0% | Higher revenue, profit, and dividend declaration preceded a 4.00% decline. |
| Jul 30 | Q2 earnings report | Positive | -10.7% | Strong quarterly and first-half growth with dividend declaration preceded a 10.69% decline. |
| Apr 30 | Q1 earnings report | Positive | +4.8% | Revenue, income, gross profit, and dividend growth preceded a 4.80% gain. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
USLM's tag-specific earnings-and-dividend announcements produced negative 24-hour reactions in four of five prior events, including when reported results were positive.
Key Terms
sg&a financial
stock-based compensation financial
forward-looking statements regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
DALLAS, July 29, 2026 (GLOBE NEWSWIRE) -- United States Lime & Minerals, Inc. (NASDAQ: USLM) today reported second quarter 2026 results: The Company’s revenues in the second 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
“We are pleased with the Company’s financial performance in the second quarter 2026. Demand was up, compared to 2025, led by our construction and steel customers,” said Timothy W. Byrne, President and Chief Executive Officer. “Looking ahead, we anticipate that data center projects should continue to support strong construction demand, and that the new kiln at our Texas facility will come online 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 new Texas kiln, 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
(Tables Follow)
| United States Lime & Minerals, Inc. CONDENSED CONSOLIDATED FINANCIAL DATA (In thousands, except per share amounts) (Unaudited) | ||||||||||||||||
| Three Months Ended | Six Months Ended | |||||||||||||||
| June 30, | June 30, | |||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| INCOME STATEMENTS | ||||||||||||||||
| Revenues | $ | 99,126 | $ | 91,518 | $ | 186,959 | $ | 182,771 | ||||||||
| Cost of revenues | 52,404 | 49,640 | 98,485 | 94,737 | ||||||||||||
| Gross profit | $ | 46,722 | $ | 41,878 | $ | 88,474 | $ | 88,034 | ||||||||
| Selling, general and administrative expenses | 6,067 | 6,189 | 12,036 | 12,451 | ||||||||||||
| Operating profit | $ | 40,655 | $ | 35,689 | $ | 76,438 | $ | 75,583 | ||||||||
| Other (income) expense, net | (3,374 | ) | (3,098 | ) | (6,603 | ) | (6,189 | ) | ||||||||
| Income tax expense | 9,519 | 7,956 | 17,949 | 16,828 | ||||||||||||
| Net income | $ | 34,510 | $ | 30,831 | $ | 65,092 | $ | 64,944 | ||||||||
| Income per share of common stock: | ||||||||||||||||
| Basic | $ | 1.20 | $ | 1.08 | $ | 2.27 | $ | 2.27 | ||||||||
| Diluted | $ | 1.20 | $ | 1.07 | $ | 2.26 | $ | 2.26 | ||||||||
| Weighted-average shares outstanding: | ||||||||||||||||
| Basic | 28,686 | 28,637 | 28,679 | 28,630 | ||||||||||||
| Diluted | 28,776 | 28,729 | 28,773 | 28,728 | ||||||||||||
| Cash dividends per share of common stock | $ | 0.06 | $ | 0.06 | $ | 0.12 | $ | 0.12 | ||||||||
| June 30, | December 31, | |||||||||||||||
| 2026 | 2025 | |||||||||||||||
| BALANCE SHEETS | ||||||||||||||||
| Assets: | ||||||||||||||||
| Current assets | $ | 500,449 | $ | 455,316 | ||||||||||||
| Property, plant and equipment, net | 241,942 | 221,421 | ||||||||||||||
| Other non-current assets | 4,970 | 4,307 | ||||||||||||||
| Total assets | $ | 747,361 | $ | 681,044 | ||||||||||||
| Liabilities and Stockholders’ Equity: | ||||||||||||||||
| Current liabilities | $ | 18,170 | $ | 23,632 | ||||||||||||
| Deferred tax liabilities, net | 30,518 | 22,999 | ||||||||||||||
| Other long-term liabilities | 2,942 | 3,653 | ||||||||||||||
| Stockholders’ equity | 695,731 | 630,760 | ||||||||||||||
| Total liabilities and stockholders’ equity | $ | 747,361 | $ | 681,044 | ||||||||||||
