United States Lime & Minerals Revenue Rises 4.1% to $106.2 Million
Key Facts
United States Lime & Minerals reported third-quarter 2026 revenue rose 4.1% to $106.2 million, compared with $102.0 million in the same period a year earlier, according to a company statement published via GlobeNewswire. The increase amounted to $4.2 million year over year, the statement said. Revenue for the first nine months of the year was $293.1 million, up 2.9% from $284.8 million in the corresponding period of 2025. The available figures did not include third-quarter net income or earnings per share, so earnings trends cannot be determined from revenue data alone. Alongside the results, the company declared its regular quarterly cash dividend to shareholders.
The board set the dividend at $0.06 per share, payable on December 11, 2026, to shareholders of record on November 20. The announcement was for a regular quarterly distribution, according to the company statement. USLM closed at $113.89 on October 29, according to EL7 data. The data provided do not include the session's trading range, and they do not establish the effect of the results or dividend announcement on the closing price. These figures distinguish the company's operating results, the dividend terms and the share price recorded that day.
The company's earlier disclosures indicate that sales are affected by demand, pricing and seasonality. In its 2025 report, the company attributed revenue growth in the third quarter and first nine months of that year to higher lime and limestone sales volumes and increased average selling prices. It said demand from construction, environmental and steel customers rose, partly offset by weaker demand from oil and gas services customers. In its annual report, the company said shipment volumes and revenue are typically concentrated in the second and third quarters, with customary seasonal declines in the first and fourth quarters. It also attributed the year-over-year increase in 2025 revenue to an 11.7% rise in sales volume and a 5.6% increase in average selling prices, citing demand from the construction, environmental and steel sectors, including the construction of some large data centers in the areas it serves.
The company's 2025 results filed with the U.S. Securities and Exchange Commission provide historical context for its earnings but do not establish its third-quarter 2026 results. Net income was $38.8 million in the third quarter of 2025, compared with $33.4 million in the third quarter of 2024, an increase of 16.3%, according to the quarterly report. In its annual filing, the company said a widespread winter storm in January 2026 disrupted commerce in its operating areas and halted product shipments for a period. It said its facilities were not damaged, but noted at the time that the impact of the shipment interruptions on first-quarter results had not been determined. These disclosures provide background on earlier operating conditions, while the revenue figures reported here are for the third quarter of 2026.
In a separate economic development, U.S. real gross domestic product rose at an annual rate of 3.4% in the third quarter, according to the preliminary estimate released by the Bureau of Economic Analysis on October 29. The reading followed growth at a 2.2% rate in the second quarter and exceeded economists' forecast of 3%, according to a FactSet survey cited by The Associated Press. The bureau attributed the increase to growth in investment, consumer spending and government spending, partly offset by a decline in exports, while imports rose. Consumer spending increased at an annual rate of 3.8%, and business investment excluding housing rose 12.7%, The Associated Press reported. The estimate does not link U.S. economic performance to United States Lime & Minerals' results.
Other components of the preliminary estimate showed continued growth in private domestic demand: real final sales to private domestic purchasers rose at an annual rate of 4.9% in the third quarter, compared with 4.6% in the second quarter. Meanwhile, the personal consumption expenditures price index rose 2.1%, slowing from 5.0% in the previous quarter. The core index, excluding food and energy, rose 2.5%, compared with 3.3% in the second quarter. The Bureau of Economic Analysis scheduled November 25, 2026, for the release of its second estimate of third-quarter GDP and corporate profits. The upcoming release will update the preliminary reading and economy-wide corporate profit data.