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NYSE · CEMENT, HYDRAULIC · LARGE CAP

Eagle Materials Inc. EXP

18 fiscal years on record · USD · FY2025 reported · SEC filings only
$2.3B
▲ 2.1% YoY
$423.8M
▼ 8.5% YoY
$197.4M
▼ 44.1% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Eagle Materials manufactures heavy construction products and light building materials, with cement and gypsum wallboard as its primary products, used in building, expanding, and repairing roads, highways, and residential, commercial, and industrial structures across America. Headquartered in Dallas, Texas, it manufactures and sells its products through a network of more than 70 facilities spanning 21 states. As of March 31, 2026, it had approximately 2,800 employees, of which approximately 800 were salaried and approximately 2,000 were hourly. Its business is organized into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments. It operates eight cement plants and two slag grinding facilities, one cement plant and one slag grinding facility through a joint venture, with clinker capacity of approximately 6.7 million tons, approximately 6% of total U.S. clinker capacity. In the Concrete and Aggregates segment, it sells readymix concrete, delivered from batch plants primarily by company-owned trucks, and sells aggregates to building contractors and other customers, distributed from its plants by common carriers and customer pickup. Three customers collectively accounted for approximately 64% of its Gypsum Wallboard segment sales during fiscal 2026. The Company was founded in 1963 as a subsidiary of Centex Corporation, and operated as a public company under the name Centex Construction Products, Inc. from April 19, 1994, to January 30, 2004, when Centex completed a tax-free distribution of its shares to its shareholders and the Company was renamed Eagle Materials Inc.

Written from the business description in EAGLE MATERIALS INC's annual report to the U.S. Securities and Exchange Commission, filed 19 May 2026. Every sentence was checked against that document before publication.

Growth

USD 2.3B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 2.3 · Net income 0.4
1B2B
2008201120142017202020232025
Compound annual growth
+2.4%
+7.3%
+7.3%
+11.3%
−2.8%
+4.5%
+10.8%
+25.0%
+1.8%
+10.1%
+15.7%
+27.6%
+0.0%
+58.5%
+9.6%
+6.3%
−0.5%
+150.9%
+11.4%
+23.4%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +7.3% a year over the five years to FY2025 — but profit grew slower: net income at +4.5%, earnings per share at +10.1%.

The share count fell from 0.04B to 0.03B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 23.5% · Net 18.4%
10%20%30%
200820162025
ROE
FY2025 · ROE 28.9%
10%20%30%
200820162025
Three returns, three denominators.
Return on capital employedNot available: we don't have a clean operating profit figure for this period.

Each USD of equity produced 29 cents of profit this year.

Cash & shareholders

USD 413.7M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 197.4
250.0M500.0M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 32.4 · Net buybacks 381.3
250.0M500.0MDividendsNet buybacks
2008201120142017202020232025

USD 32.4M in dividends and USD 381.3M in buybacks — 98% of the year's profit went back to shareholders.

Total assetsUSD 3.8B
EquityUSD 1.5B
CashUSD 297.9M
Gross debtUSD 1.8B
Net debtUSD 1.5B
Current ratio3.66×

Net debt stands at 99% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
EXP, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B2.32.32.32.11.91.61.41.31.41.21.11.10.90.60.50.50.50.6
Operating income $B0.50.60.60.70.60.40.40.40.40.40.30.30.20.10.10.10.10.1
EBITDA $B0.70.80.80.80.70.60.50.50.50.40.40.40.30.20.10.10.10.2
Income tax $B0.10.10.10.10.10.10.00.10.00.10.10.10.10.00.00.00.00.0
Net income $B0.40.50.50.50.40.30.10.10.30.20.20.20.10.10.00.00.00.0
Free cash flow $B0.20.40.40.40.40.60.30.20.20.30.20.10.10.10.00.00.10.1
EPS, diluted $13.1613.7713.6112.469.148.121.681.475.284.103.053.712.491.220.420.340.660.95
Dividend / sh $1.001.001.001.000.750.100.400.400.400.400.400.400.400.400.400.400.400.60
Payout %877881242781013111632951196073
ROE %28.933.538.339.830.029.26.55.219.617.714.920.316.39.94.03.26.59.6
Shares out B0.030.030.030.040.040.040.040.050.050.050.050.050.050.050.050.040.04◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityCement, Hydraulic
Listed onNYSE
Incorporated inDelaware
Fiscal year endsMarch 31
Data on record since2008

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