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Dec 31, 2024
US Lime Q4 2024 Earnings Report
US Lime & Minerals' Q4 2024 earnings increased due to higher revenues and improved gross profit.
Key Takeaways
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.
Q4 2024 revenues increased by 21.9% to $80.1 million compared to Q4 2023.
Lime and limestone revenues increased by 22.0% to $79.8 million in Q4 2024.
Net income for Q4 2024 increased by 58.8% to $27.0 million ($0.94 per share diluted).
Gross profit increased by 50.2% to $35.4 million in Q4 2024.
US Lime
US Lime
Forward Guidance
The company remains guardedly optimistic moving into the first part of 2025.