Filing Flows › United States Lime & Minerals (USLM) › Q1 2025
United States Lime & Minerals (USLM) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 1, 2025
United States Lime & Minerals (USLM) reported revenue of $91.3M for the first quarter 2025 (Q1 2025), +27% from a year earlier and +14% from the quarter before. Operating margin was 43.7%, net earnings $34.1M (37.4% of revenue).
United States Lime & Minerals, Q1 2025: revenue $91.3M (+27% year over year), operating margin 43.7%, net earnings $34.1M, operating cash flow $39.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $91.3M | +14% | +27% |
| Gross profit | $46.2M | +30% | +51% |
| Operating profit | $39.9M | +28% | +55% |
| Net earnings | $34.1M | +26% | +52% |
| Operating cash flow | $39.4M | +2% | +45% |
| Free cash flow | $24.6M | -11% | +21% |
What changed
Revenue was $91.3M in Q1 2025, up 27% year over year and up 14% from the previous quarter.
Gross margin was 50.6%, up 7.9 points from a year earlier. Operating profit was $39.9M, a 43.7% margin (up 7.8 points year over year). Of the extra revenue versus a year earlier, 72% reached operating profit, above the 36% margin then. Operating expenses grew 29% against revenue growth of 27%. Net earnings were $34.1M, up 52% year over year. The effective tax rate was 20.6%.
Operating cash flow was $39.4M (up 45% year over year), 116% of net earnings. Non-cash charges added back $6.1M of depreciation and amortization and $2.3M of share-based compensation. Working capital and other items used $3.2M. Capital expenditures of $14.9M left free cash flow of $24.6M.
Questions
What was United States Lime & Minerals' revenue in the first quarter 2025?
United States Lime & Minerals (USLM) reported revenue of $91.3M for the first quarter 2025 (Q1 2025), +27% from a year earlier and +14% from the quarter before.
Was United States Lime & Minerals profitable in the first quarter 2025?
Operating profit was $39.9M (43.7% of revenue) and net earnings $34.1M.