Headquartered in Dallas, TX·Fiscal year ends December·NASDAQ: USLM·uslm.com
About United States Lime & Minerals
United States Lime & Minerals, Inc. (NASDAQ: USLM) manufactures lime and limestone products. Its customers are primarily in:
- Construction, including highway, road and building contractors.
- Industrial markets, including paper and glass manufacturers.
- Environmental markets, including municipal sanitation, water treatment and flue gas treatment.
- Metals, including steel producers.
- Roof shingle manufacturing.
- Agriculture, including poultry producers.
- Oil and gas services.
The company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma and Texas. These run through wholly owned subsidiaries including Arkansas Lime Company, Carthage Crushed Limestone, Colorado Lime Company, Mill Creek Dolomite, Texas Lime Company, U.S. Lime Company, U.S. Lime Company-Shreveport, U.S. Lime Company-St. Clair and U.S. Lime Company-Transportation. Through U.S. Lime Company-O & G, LLC, it also holds royalty and non-operated working interests in natural gas wells in the Barnett Shale in Johnson County, Texas.
The company is adding capacity with a new kiln at its Texas facility. The kiln began intermittently producing quicklime in Q3 2026, with final commissioning expected in Q4 2026. The company carries a debt-free balance sheet and pays a regular quarterly cash dividend. Updated
Revenue grew 4.1% year over year yet still missed expectations, with diesel costs and inefficiencies from the new Texas kiln pushing gross profit below last year's level. Management flagged permitting delays on large projects and early signs of a slowdown in Texas residential construction, and gave no quantitative guidance.
The construction materials sector is riding a wave of infrastructure investment and industrial demand, and several companies are positioned to benefit. But when you look at the fundamentals, the winners aren’t equal.…