United States Lime & Minerals, Inc. reported significant financial growth in its latest quarterly filing, with revenues reaching $91.5 million for the second quarter of 2025, a 19.6% increase from $76.5 million in the same period of 2024. For the first half of 2025, revenues totaled $182.8 million, up 23.3% from $148.2 million in the first half of 2024. The company attributed this growth primarily to a 12.1% increase in sales volumes and a 7.6% rise in average selling prices for its lime and limestone products, driven by heightened demand from construction, environmental, and steel sectors.
The company's gross profit also saw a notable increase, rising to $41.9 million in the second quarter of 2025, compared to $34.8 million in the prior year, marking a 20.3% increase. For the first six months, gross profit surged to $88.0 million, a 34.5% increase from $65.4 million in the same period of 2024. Operating profit for the second quarter was reported at $35.7 million, reflecting a slight decrease in operating profit margin to 39.0% from 39.1% year-over-year. Net income for the second quarter was $30.8 million, or $1.07 per diluted share, compared to $26.1 million, or $0.91 per diluted share, in the same quarter of 2024.
In terms of operational developments, United States Lime & Minerals has been actively investing in its infrastructure, with capital expenditures amounting to $28.1 million in the first half of 2025, significantly higher than $11.2 million in the same period of 2024. A substantial portion of this investment is directed towards the construction of a new vertical kiln at the Texas Lime Company plant, with total estimated costs of approximately $65 million expected to be completed by 2026. The company also reported an increase in cash and cash equivalents, which rose to $319.9 million as of June 30, 2025, up from $278.0 million at the end of 2024.
The company’s selling, general, and administrative expenses increased to $6.2 million in the second quarter of 2025, up from $4.9 million in the same quarter of 2024, primarily due to higher personnel costs, including stock-based compensation. Additionally, net cash provided by operating activities was $73.5 million in the first half of 2025, a 51.9% increase from $48.4 million in the same period of 2024. The company maintained a strong liquidity position, with no debt outstanding and only $7.4 million in letters of credit related to the kiln project.
Looking ahead, United States Lime & Minerals remains optimistic about its growth trajectory, bolstered by strong demand across its key markets. The company anticipates that its ongoing investments in infrastructure and product offerings will further enhance its operational capabilities and market position. The management has indicated that cash flows from operations, along with existing cash reserves, will be sufficient to meet ongoing capital needs and support regular dividend payments in the near future.
About UNITED STATES LIME & MINERALS INC
About 10-Q Filings
A 10-Q form is an important financial report that public companies in the United States must submit every three months. It gives a clear picture of a company's financial health and recent performance.
Key points about the 10-Q:
- Frequency: Companies file it three times a year, covering the first three quarters. The fourth quarter is covered in a more comprehensive annual report.
-
Content: It includes:
- Financial statements showing the company's current financial position
- Updates from management on the performance and projections of the business
- Information about potential risks the company faces
- Details on how the company is run internally
- Deadline: Must be filed within 40 or 45 days after the quarter ends, depending on the size of the company.
Our Methodology
AssetRoom is committed to providing timely summaries of news from public companies. We use AI to generate these summaries quickly, but they are not reviewed by human experts.
Our method:
- Data Collection: We continuously monitor for new filings (currently limited to US-listed stocks).
- AI-Powered Analysis: Our advanced AI system processes each filing, identifying key information and extracting relevant data.
- Summary Generation: The AI creates a concise, easy-to-understand summary of the filing, highlighting the most important points.
- Publication: The summary is immediately published on our platform, allowing users instant access to the latest information.
- Email users: We distribute round-up emails according to our users preferences, keeping them in the loop with the companies they follow.
Feedback & Corrections
Spot an error or have a suggestion? Contact us.