United States Lime & Minerals posted a 27.3% increase in revenue and a 52% increase in net income in Q1 2025, reflecting strong demand from construction and environmental sectors and improved pricing for lime and limestone products.
US Lime & Minerals reported a strong fourth quarter and full year 2024, with revenues increasing by 21.9% in Q4 and 12.9% for the full year. Net income also saw significant growth, increasing by 58.8% in Q4 and 46.0% for the full year. The company's performance was driven by higher average selling prices and increased sales volumes, particularly to construction, environmental, and industrial customers.
United States Lime & Minerals reported a strong third quarter with revenues increasing by 19.4% to $89.4 million and net income increasing by 60.9% to $33.4 million compared to the same quarter last year. The increase in revenue was driven by higher average selling prices and increased sales volumes, particularly to construction and roof shingle customers. Gross profit also saw a significant increase due to higher revenues and decreased operating expenses.
United States Lime & Minerals reported a revenue increase of 3.5% to $76.5 million and a net income increase of 32.2% to $26.1 million for the second quarter of 2024, compared to the second quarter of 2023. The increase in revenue was driven by higher average selling prices, although sales volumes decreased due to reduced demand from construction customers.
United States Lime & Minerals reported a revenue increase of 7.4% to $71.7 million and a net income increase of 31.2% to $22.4 million in Q1 2024 compared to Q1 2023. The increase in revenue was driven by higher average selling prices, while decreased sales volumes partially offset this growth due to reduced demand from construction customers.
United States Lime & Minerals reported a strong fourth quarter with increased revenues and net income. Revenue increased by 12.7% to $65.7 million, and net income rose by 57.5% to $17.0 million. The results were driven by increased average selling prices, although sales volumes decreased due to lower demand from industrial and construction customers.
United States Lime & Minerals reported a revenue increase of 12.7% and a net income increase of 31.8% for Q3 2023. Increased average selling prices drove revenue growth, which was partially offset by decreased sales volumes due to lower demand from construction, steel, and industrial customers.
United States Lime & Minerals reported a strong performance in Q2 2023, with revenues increasing by 22.3% to $74.0 million and net income increasing by 92.5% to $19.7 million compared to Q2 2022. The increase in revenue was driven by higher average selling prices and increased sales volumes, particularly from environmental and oil and gas services customers.
United States Lime & Minerals reported a strong first quarter in 2023, with revenues increasing by 31.2% to $66.8 million compared to $50.9 million in the first quarter of 2022. Net income also significantly increased to $17.1 million ($3.00 per share diluted) from $8.7 million ($1.53 per share diluted) in the same period last year. The company noted increased demand from construction customers as a key driver for revenue growth.
United States Lime & Minerals reported a strong fourth quarter with revenues increasing by 26.4% to $58.3 million and net income increasing by 41.8% to $10.8 million. The company attributes the revenue increase to higher sales volumes and average selling prices for lime and limestone products driven by demand from construction, industrial, and oil and gas services customers. The Board of Directors declared a regular quarterly cash dividend of $0.20 per share.
United States Lime & Minerals reported a strong third quarter in 2022, with revenues increasing by 27.0% to $66.5 million and net income increasing by 39.1% to $15.7 million compared to the third quarter of 2021. The company benefited from increased demand from construction, agriculture, roofing, and oil and gas services customers, as well as an increase in average selling prices.
United States Lime & Minerals reported a revenue increase of 23.0% compared to Q2 2021, driven by higher sales volumes and average selling prices. However, net income decreased by 7.7% due to increased production costs, including higher energy, transportation, labor, and supplies expenses.
United States Lime & Minerals reported a strong first quarter in 2022, with revenues increasing by 22.2% to $50.9 million and net income increasing by 23.3% to $8.7 million, driven by higher sales volumes and prices. The company is addressing rising costs and supply chain issues by increasing prices.
United States Lime & Minerals reported a revenue increase of 12.5% and a net income increase of 4.9% for Q4 2021 compared to Q4 2020. The revenue growth was primarily due to increased sales of lime and limestone products, driven by higher demand from environmental, construction, and industrial customers. Increased energy costs partially offset these gains.
United States Lime & Minerals reported a strong third quarter with revenues increasing by 19.6% to $52.3 million and net income rising by 21.3% to $11.3 million. The company benefited from increased sales across various customer segments and a slight price increase in lime and limestone products.
United States Lime & Minerals reported a strong second quarter in 2021, with revenues increasing by 30.9% to $49.2 million and net income increasing by 81.8% to $11.1 million compared to Q2 2020. The company benefited from increased demand across various sectors and higher average selling prices.
United States Lime & Minerals reported an increase in revenue by 8.4% and net income by 26.8% for the first quarter of 2021, driven by increased sales of lime and limestone products and improved operating efficiencies. The company's performance was also positively impacted by increased average selling prices.
United States Lime & Minerals reported an increase in revenue for Q4 2020, driven by increased sales of lime and limestone products, including contributions from the Carthage acquisition. Gross profit also increased due to higher average selling prices and lower fuel costs. The company's net income increased by 45.3% compared to Q4 2019.
United States Lime & Minerals reported a slight increase in revenue for Q3 2020, with revenue reaching $43.7 million compared to $43.6 million in Q3 2019. However, net income decreased to $9.3 million ($1.65 per share diluted) from $9.9 million ($1.76 per share diluted) in the same quarter of the previous year.
United States Lime & Minerals reported a decrease in revenue for Q2 2020, primarily due to reduced sales volumes of lime and limestone products. However, gross profit increased due to lower fuel costs and operational efficiencies. Net income saw a slight increase compared to Q2 2019.
United States Lime & Minerals reported a revenue increase of 1.7% and a net income increase of 8.1% for the first quarter of 2020. The company's performance was driven by increased average selling prices for lime and limestone products, offset by decreased demand from environmental and oil and gas services customers. The company also declared a regular quarterly cash dividend of $0.16 per share.
US Lime & Minerals reported a strong fourth quarter in 2019, with revenues increasing by 9.6% to $38.0 million and net income rising by 18.0% to $5.0 million ($0.89 per share diluted). The company benefited from increased demand and prices for lime and limestone products, particularly from construction customers, as well as lower fuel costs and efficiency gains from a new kiln.