NYSE : EXP
Eagle Materials Inc. — Financial statements
Materials · Building Materials · United States
Last price 183.64 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 5.63B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
Eagle Materials Inc. (EXP) reported revenue of 2.32B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Revenue | 2.32B | 2.31B | 2.26B | 2.26B | 2.15B | 1.86B |
| Cost of Revenue | 1.70B | 1.66B | 1.59B | 1.57B | 1.51B | 1.34B |
| Gross Profit | 628.19M | 652.54M | 673.14M | 685.32M | 639.27M | 519.61M |
| Selling, General & Admin | 88.60M | 89.18M | 73.94M | 59.80M | 53.63M | 46.80M |
| Operating Expenses | 88.60M | 89.18M | 73.94M | 59.80M | 53.63M | 46.80M |
| Operating Income | 539.59M | 563.36M | 599.20M | 625.53M | 585.64M | 472.81M |
| Interest Expense | -52.90M | -50.17M | -40.24M | -41.40M | -33.71M | -27.74M |
| Interest & Investment Income | 8.02M | 6.16M | 1.72M | 1.04M | 421.00K | 39.00K |
| Earnings From Equity Investments | 19.03M | 19.99M | 26.40M | 31.58M | 35.47M | 32.49M |
| Other Non Operating Income (Expenses) | 2.06M | 2.64M | 4.41M | 1.19M | 768.00K | 5.90M |
| EBT Excluding Unusual Items | 515.80M | 541.98M | 591.49M | 617.94M | 588.59M | 483.50M |
| Other Unusual Items | -8.41M | |||||
| Pretax Income | 515.80M | 541.98M | 591.49M | 617.94M | 588.59M | 475.09M |
| Income Tax Expense | 113.23M | 118.17M | 128.07M | 140.30M | 127.05M | 100.85M |
| Earnings From Continuing Operations | 402.57M | 423.81M | 463.42M | 477.64M | 461.54M | 374.25M |
| Net Income | 402.57M | 423.81M | 463.42M | 477.64M | 461.54M | 374.25M |
| Net Income to Common | 402.57M | 423.81M | 463.42M | 477.64M | 461.54M | 374.25M |
| Shares Outstanding (Basic) | 31.59M | 32.01M | 33.38M | 34.81M | 36.80M | 40.55M |
| Shares Outstanding (Diluted) | 31.76M | 32.19M | 33.65M | 35.10M | 37.05M | 40.93M |
| EPS (Basic) | 12.74 | 13.24 | 13.88 | 13.72 | 12.54 | 9.23 |
| EPS (Diluted) | 12.67 | 13.16 | 13.77 | 13.61 | 12.46 | 9.14 |
| Free Cash Flow | 170.51M | 197.43M | 353.27M | 443.63M | 431.58M | 443.05M |
| Free Cash Flow Per Share | 5.37 | 6.13 | 10.50 | 12.64 | 11.65 | 10.82 |
| Dividend Per Share | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
| Gross Margin | 27.02% | 28.27% | 29.78% | 30.33% | 29.76% | 27.91% |
| Operating Margin | 23.21% | 24.40% | 26.51% | 27.69% | 27.26% | 25.40% |
| Profit Margin | 17.32% | 18.36% | 20.50% | 21.14% | 21.49% | 20.10% |
| Free Cash Flow Margin | 7.33% | 8.55% | 15.63% | 19.64% | 20.09% | 23.80% |
| EBITDA | 704.89M | 728.11M | 758.10M | 775.36M | 724.19M | 601.62M |
| EBITDA Margin | 30.32% | 31.54% | 33.54% | 34.32% | 33.71% | 32.32% |
| D&A For EBITDA | 165.30M | 164.75M | 158.90M | 149.83M | 138.55M | 128.81M |
| EBIT | 539.59M | 563.36M | 599.20M | 625.53M | 585.64M | 472.81M |
| EBIT Margin | 23.21% | 24.40% | 26.51% | 27.69% | 27.26% | 25.40% |
| Effective Tax Rate | 21.95% | 21.80% | 21.65% | 22.70% | 21.59% | 21.23% |
Balance sheet
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 233.54M | 297.92M | 20.40M | 34.92M | 15.24M | 19.42M |
| Cash & Short-Term Investments | 233.54M | 297.92M | 20.40M | 34.92M | 15.24M | 19.42M |
| Accounts Receivable | 293.82M | 228.57M | 212.33M | 202.99M | 195.05M | 176.28M |
| Other Receivables | 6.31M | 7.54M | 10.02M | 9.91M | 16.27M | 7.20M |
| Receivables | 300.13M | 236.11M | 222.35M | 212.90M | 211.32M | 183.48M |
| Inventory | 379.57M | 408.39M | 415.18M | 373.92M | 291.88M | 236.66M |
| Prepaid Expenses | 16.12M | 8.47M | 10.73M | 5.95M | 3.06M | 3.17M |
| Total Current Assets | 929.36M | 950.89M | 668.66M | 627.69M | 521.50M | 442.73M |
| Property, Plant & Equipment | 2.18B | 2.09B | 1.82B | 1.70B | 1.68B | 1.64B |
| Long-Term Investments | 162.92M | 160.08M | 140.09M | 113.48M | 89.11M | 80.64M |
| Goodwill | 470.67M | 470.67M | 469.89M | 392.57M | 380.71M | 329.14M |
| Other Intangible Assets | 112.19M | 114.77M | 125.86M | 93.55M | 85.33M | 58.76M |
| Other Long-Term Assets | 52.38M | 51.87M | 37.80M | 24.14M | 14.14M | 19.51M |
| Total Assets | 3.91B | 3.84B | 3.26B | 2.95B | 2.78B | 2.58B |
| Accounts Payable | 156.88M | 138.88M | 129.90M | 127.18M | 110.41M | 113.68M |
| Accrued Expenses | 100.29M | 94.06M | 87.61M | 85.60M | 77.29M | 77.00M |
| Current Portion of Long-Term Debt | 15.00M | 15.00M | 15.00M | 10.00M | 10.00M | |
| Current Portion of Leases | 4.68M | 4.14M | 4.03M | 7.90M | 6.01M | 7.12M |
| Current Income Taxes Payable | 2.79M | |||||
| Other Current Liabilities | 7.96M | 8.06M | 8.46M | 8.73M | 9.19M | 9.76M |
| Total Current Liabilities | 287.60M | 260.15M | 245.00M | 239.41M | 212.89M | 207.55M |
| Long-Term Debt | 1.74B | 1.75B | 1.22B | 1.08B | 1.08B | 938.26M |
| Long-Term Leases | 33.71M | 32.56M | 33.60M | 19.04M | 24.94M | 29.21M |
| Long-Term Deferred Tax Liabilities | 289.67M | 262.66M | 239.94M | 244.80M | 236.84M | 232.37M |
| Other Long-Term Liabilities | 68.24M | 66.96M | 66.03M | 51.94M | 41.60M | 38.70M |
| Total Liabilities | 2.42B | 2.37B | 1.81B | 1.64B | 1.60B | 1.45B |
| Common Stock | 308.00K | 312.00K | 330.00K | 341.00K | 358.00K | 387.00K |
| Retained Earnings | 1.49B | 1.48B | 1.46B | 1.31B | 1.19B | 1.14B |
| Comprehensive Income & Other | -4.29M | -4.40M | -3.12M | -3.37M | -3.55M | -3.17M |
| Shareholders' Equity | 1.49B | 1.47B | 1.46B | 1.31B | 1.19B | 1.13B |
| Total Liabilities & Equity | 3.91B | 3.84B | 3.26B | 2.95B | 2.78B | 2.58B |
| Total Debt | 1.80B | 1.80B | 1.28B | 1.12B | 1.12B | 974.60M |
| Net Cash (Debt) | -1.56B | -1.50B | -1.26B | -1.09B | -1.10B | -955.18M |
| Net Cash Per Share | -49.17 | -46.56 | -37.32 | -30.92 | -29.82 | -23.34 |
| Filing Date Shares Outstanding | 30.68M | 30.95M | 32.70M | 33.92M | 35.39M | 38.20M |
| Total Common Shares Outstanding | 30.80M | 31.23M | 32.97M | 34.14M | 35.77M | 38.71M |
| Working Capital | 641.76M | 690.73M | 423.65M | 388.28M | 308.61M | 235.18M |
| Book Value Per Share | 48.27 | 47.23 | 44.18 | 38.32 | 33.15 | 29.28 |
| Tangible Book Value | 904.07M | 889.38M | 860.95M | 822.42M | 719.65M | 745.66M |
| Tangible Book Value Per Share | 29.35 | 28.48 | 26.11 | 24.09 | 20.12 | 19.26 |
| Land | 377.57M | 364.55M | 330.87M | 311.74M | 231.50M | |
| Buildings | 301.21M | 312.87M | 264.18M | 226.02M | 194.75M | |
| Machinery | 2.73B | 2.57B | 2.50B | 2.42B | 2.38B | |
| Construction In Progress | 417.80M | 178.17M | 68.14M | 65.45M | 50.27M |
Cash flow statement
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Net Income | 402.57M | 423.81M | 463.42M | 477.64M | 461.54M | 374.25M |
| Depreciation & Amortization | 165.30M | 164.75M | 158.90M | 149.83M | 138.55M | 128.81M |
| Other Amortization | 6.10M | |||||
| Loss (Gain) on Equity Investments | -19.03M | -19.99M | -26.40M | -24.58M | -8.47M | -5.24M |
| Stock-Based Compensation | 21.14M | 21.27M | 18.74M | 19.90M | 17.16M | 14.26M |
| Other Operating Activities | 46.99M | 22.72M | -4.86M | 7.95M | 4.47M | 6.38M |
| Change in Accounts Receivable | -30.42M | -16.24M | -7.90M | -551.00K | -12.04M | -29.21M |
| Change in Inventory | 13.83M | 6.78M | -36.83M | -67.23M | -47.95M | -912.00K |
| Change in Accounts Payable | 38.39M | 8.79M | 874.00K | 13.79M | -7.80M | 27.19M |
| Change in Income Taxes | -26.91M | 2.82M | -653.00K | 7.65M | -8.70M | -3.14M |
| Change in Other Net Operating Assets | 20.04M | -546.00K | -16.75M | -20.47M | 4.96M | -1.33M |
| Operating Cash Flow | 631.91M | 614.17M | 548.55M | 563.94M | 541.73M | 517.17M |
| Capital Expenditures | -461.40M | -416.74M | -195.28M | -120.31M | -110.14M | -74.12M |
| Cash Acquisitions | -174.85M | -55.05M | -158.45M | |||
| Investment in Securities | -15.00M | -15.00M | ||||
| Investing Cash Flow | -476.40M | -431.74M | -370.13M | -175.36M | -268.59M | -74.12M |
| Long-Term Debt Issued | 886.77M | 460.00M | 13.00M | 200.00M | 943.69M | |
| Long-Term Debt Repaid | -360.00M | -316.25M | -10.00M | -50.50M | -1.01B | |
| Net Debt Issued (Repaid) | 451.77M | 526.77M | 143.75M | 3.00M | 149.50M | -71.31M |
| Issuance of Common Stock | 602.00K | 535.00K | 6.38M | 17.10M | 5.42M | 21.37M |
| Repurchase of Common Stock | -395.14M | -392.98M | -307.51M | -353.70M | -393.82M | -595.05M |
| Common Dividends Paid | -32.09M | -32.38M | -33.72M | -35.30M | -37.50M | -30.77M |
| Other Financing Activities | -6.85M | -6.85M | -1.83M | -903.00K | -16.39M | |
| Financing Cash Flow | 18.29M | 95.09M | -192.94M | -368.90M | -277.31M | -692.15M |
| Net Cash Flow | 173.80M | 277.52M | -14.52M | 19.68M | -4.17M | -249.10M |
| Free Cash Flow | 170.51M | 197.43M | 353.27M | 443.63M | 431.58M | 443.05M |
| Free Cash Flow Margin | 7.33% | 8.55% | 15.63% | 19.64% | 20.09% | 23.80% |
| Free Cash Flow Per Share | 5.37 | 6.13 | 10.50 | 12.64 | 11.65 | 10.82 |
| Levered Free Cash Flow | 25.28M | 100.35M | 280.69M | 352.63M | 304.02M | 365.51M |
| Unlevered Free Cash Flow | 58.34M | 131.70M | 305.83M | 378.50M | 325.09M | 376.74M |
| Cash Interest Paid | 54.81M | 58.81M | 42.37M | 43.66M | 31.60M | 21.30M |
| Cash Income Tax Paid | 91.69M | 91.77M | 140.79M | 124.48M | 131.51M | 86.41M |
| Change in Working Capital | 14.93M | 1.61M | -61.26M | -66.81M | -71.52M | -7.40M |
Ratios
Fiscal year April - March; amounts in USD.
| TTM | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 5.63B | 5.95B | 7.39B | 9.36B | 5.29B | 5.07B |
| Enterprise Value | 7.20B | 7.34B | 8.40B | 10.37B | 6.33B | 5.93B |
| Last Close Price | 183.64 | 188.97 | 220.31 | 268.67 | 144.33 | 125.25 |
| PE Ratio | 14.49 | 14.05 | 15.94 | 19.60 | 11.46 | 13.55 |
| Forward PE | 15.10 | 15.34 | 14.44 | 17.18 | 11.72 | 11.81 |
| PS Ratio | 2.42 | 2.58 | 3.27 | 4.14 | 2.46 | 2.72 |
| PB Ratio | 3.80 | 4.04 | 5.07 | 7.15 | 4.46 | 4.47 |
| P/TBV Ratio | 6.23 | 6.70 | 8.58 | 11.38 | 7.35 | 6.80 |
| P/FCF Ratio | 33.04 | 30.16 | 20.91 | 21.10 | 12.26 | 11.45 |
| P/OCF Ratio | 8.91 | 9.70 | 13.47 | 16.60 | 9.77 | 9.80 |
| PEG Ratio | 15.06 | 2.41 | 0.97 | 1.47 | 0.79 | |
| EV/Sales Ratio | 3.09 | 3.18 | 3.71 | 4.59 | 2.94 | 3.19 |
| EV/EBITDA Ratio | 10.21 | 10.08 | 11.08 | 13.38 | 8.73 | 9.85 |
| EV/EBIT Ratio | 13.33 | 13.02 | 14.02 | 16.59 | 10.80 | 12.54 |
| EV/FCF Ratio | 42.20 | 37.16 | 23.77 | 23.39 | 14.66 | 13.38 |
| Debt / Equity Ratio | 1.21 | 1.22 | 0.88 | 0.86 | 0.94 | 0.86 |
| Debt / EBITDA Ratio | 2.51 | 2.43 | 1.66 | 1.43 | 1.53 | 1.60 |
| Debt / FCF Ratio | 10.53 | 9.10 | 3.61 | 2.52 | 2.60 | 2.20 |
| Net Debt / Equity Ratio | 1.05 | 1.02 | 0.86 | 0.83 | 0.93 | 0.84 |
| Net Debt / EBITDA Ratio | 2.22 | 2.06 | 1.66 | 1.40 | 1.52 | 1.59 |
| Net Debt / FCF Ratio | 9.16 | 7.59 | 3.55 | 2.45 | 2.56 | 2.16 |
| Asset Turnover | 0.64 | 0.65 | 0.73 | 0.79 | 0.80 | 0.69 |
| Inventory Turnover | 4.39 | 4.02 | 4.02 | 4.73 | 5.71 | 5.68 |
| Quick Ratio | 1.86 | 2.05 | 0.99 | 1.03 | 1.06 | 0.98 |
| Current Ratio | 3.23 | 3.65 | 2.73 | 2.62 | 2.45 | 2.13 |
| Return on Equity (ROE) | 27.03% | 28.91% | 33.52% | 38.30% | 39.80% | 30.03% |
| Return on Assets (ROA) | 9.23% | 9.91% | 12.06% | 13.65% | 13.66% | 10.91% |
| Return on Invested Capital (ROIC) | 13.98% | 15.50% | 18.39% | 20.64% | 20.97% | 17.59% |
| Return on Capital Employed (ROCE) | 14.90% | 15.70% | 19.80% | 23.10% | 22.80% | 19.90% |
| Earnings Yield | 6.90% | 7.12% | 6.27% | 5.10% | 8.72% | 7.38% |
| FCF Yield | 3.03% | 3.31% | 4.78% | 4.74% | 8.16% | 8.74% |
| Dividend Yield | 0.54% | 0.52% | 0.45% | 0.36% | 0.68% | 0.76% |
| Payout Ratio | 7.89% | 7.64% | 7.28% | 7.39% | 8.12% | 8.22% |
| Buyback Yield / Dilution | 4.76% | 4.32% | 4.14% | 5.28% | 9.47% | 2.15% |
| Total Shareholder Return | 5.30% | 4.84% | 4.58% | 5.64% | 10.15% | 2.91% |