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Mar 31

Eagle Materials Q4 2025 Earnings Report

Eagle Materials reported a slight revenue decline and lower earnings due to weather and maintenance costs.

Key Takeaways

Eagle Materials faced headwinds in Q4 2025 from adverse weather and elevated maintenance costs, particularly impacting its cement and concrete segments. Despite this, the company remains focused on growth and operational expansion.

Total Revenue
$470M
Previous year: $477M
-1.4%
EPS
$2.08
Previous year: $2.24
-7.1%
Cement Sales Volume
1.24M
Previous year: 1.32M
-6.3%
Cement Avg Net Price
$158
Previous year: $155
+2.0%
Gypsum Volume (MMSF)
722M
Previous year: 747M
-3.3%
Gross Profit
$105M
Previous year: $120M
-12.6%
Cash and Equivalents
$20.4M
Previous year: $34.9M
-41.6%
Total Assets
$3.26B
Previous year: $2.95B
+10.8%

Eagle Materials

Eagle Materials

Eagle Materials Revenue by Segment

Forward Guidance

Eagle Materials maintains a positive long-term outlook, underpinned by strategic investments and a strong balance sheet, despite short-term weather-related challenges.

Positive Outlook

  • Announced $330M investment to expand Duke, OK gypsum plant
  • Commissioned new slag-cement facility in Houston
  • Strong balance sheet with 1.5x net leverage ratio
  • Continued strategic acquisitions in aggregates segment
  • Record safety performance and increased hazard reporting

Challenges Ahead

  • Adverse weather impacted Cement and Aggregates sales
  • Higher production costs due to early maintenance outages
  • Q4 net income and EPS declined year-over-year
  • Decreased sales volumes in key segments like cement and gypsum
  • Recycled paperboard volume slightly down quarter-over-quarter

Revenue & Expenses

Visualization of income flow from segment revenue to net income