USLM on Nasdaq

UNITED STATES LIME & MINERALS INC

American Mining and Quarrying of Nonmetallic Minerals company based in Dallas2

In its 2026 annual report the company says: “The Company is a manufacturer of lime and limestone products, supplying primarily the construction (including highway, road, and building contractors), industrial (including paper and glass manufacturers), environmental (including municipal sanitation and water treatment facilities and flue gas treatment processes), metals (including steel producers), roof shingle manufacturers, agriculture (including poultry producers), and oil and gas services industries.”4 Its shares trade on Nasdaq under the symbol USLM.2

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Last updated Oct 20, 2026.

Overview

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  • TickerUSLM on Nasdaq2
  • IndustryMining & Quarrying of Nonmetallic Minerals (No Fuels)2
  • HeadquartersDallas, United States2
  • Incorporated inTX3
  • Business address5429 Lbj Freeway, Suite 230, Dallas, Tx 752403
  • Filer categoryLarge accelerated filer3
  • Legal formFor-Profit Corporation2
  • LEI549300VGDEEG8RT7VC892
  • StatusActive2
  • LEI statusLapsed (not renewed)2
  • Registered addressC/O CT Corporation System, 75201 Dallas, United States2
  • Registered withCorporations Section (Texas Secretary of State), 00104611002

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United States Lime & Minerals, Inc. (the “Company,” the “Registrant,” “We” or “Our”), which was incorporated in 1950, conducts lime and limestone operations.4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

48.9%Gross margin5
42.4%Operating margin5
36.0%Net margin5
17.3%Revenue growth, 20255
21.3%Return on equity5
0.00×Debt to equity5
$102.3MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue49¢$190.3M
  • Selling, general and admin6¢$24.5M
  • Income tax10¢$36.7M
  • Profit35¢$134.3M

Out of $372.7M in revenue.5

Where each dollar of operating cash went, fiscal 2025

  • Capital spending38¢$62.7M
  • Dividends paid4¢$6.9M
  • Share buybacks2¢$2.7M
  • Kept or used elsewhere56¢$92.7M

Out of $165.0M of cash from operations.5

Financial statements

Revenue67895$372.7M in 2025+135% since 2019
0$100.0M$200.0M$300.0M$400.0M2019: $158.3M$158.3M20192020: $160.7M$160.7M2020+2%2021: $189.3M$189.3M2021+18%2022: $236.2M$236.2M2022+25%2023: $281.3M$281.3M2023+19%2024: $317.7M$317.7M2024+13%2025: $372.7M$372.7M2025+17%
Gross profit67895$182.4M in 2025+338% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $41.7M$41.7M20192020: $47.6M$47.6M2020+14%2021: $59.3M$59.3M2021+25%2022: $70.3M$70.3M2022+19%2023: $102.9M$102.9M2023+46%2024: $144.0M$144.0M2024+40%2025: $182.4M$182.4M2025+27%
Operating income67895$157.9M in 2025+440% since 2019
0$50.0M$100.0M$150.0M$200.0M2019: $29.2M$29.2M20192020: $33.9M$33.9M2020+16%2021: $46.4M$46.4M2021+37%2022: $54.8M$54.8M2022+18%2023: $85.4M$85.4M2023+56%2024: $124.9M$124.9M2024+46%2025: $157.9M$157.9M2025+26%
Net income67895$134.3M in 2025+415% since 2019
0$50.0M$100.0M$150.0M2019: $26.1M$26.1M20192020: $28.2M$28.2M2020+8%2021: $37.0M$37.0M2021+31%2022: $45.4M$45.4M2022+23%2023: $74.5M$74.5M2023+64%2024: $108.8M$108.8M2024+46%2025: $134.3M$134.3M2025+23%

Every line of the income statement as filed: the last 3 fiscal years, latest first.5

Period ending2025-12-312024-12-312023-12-31
Revenues$372.7M$317.7M$281.3M
Labor and other operating expenses$165.5M$149.9M$154.9M
Depreciation, depletion and amortization$24.9M$23.9M$23.5M
Total cost of revenues$190.3M$173.7M$178.5M
Gross profit$182.4M$144.0M$102.9M
Selling, general, and administrative expenses$24.5M$19.1M$17.4M
Operating profit$157.9M$124.9M$85.4M
Other (income) expense, net-$13.2M-$11.5M-$7.9M
Income before income tax expense$171.0M$136.4M$93.4M
Income tax expense$36.7M$27.5M$18.8M
Net income$134.3M$108.8M$74.5M
Basic (in dollars per share)$4.69$3.81$2.62
Diluted (in dollars per share)$4.67$3.79$2.61

Compare UNITED STATES LIME & MINERALS INC with another company

Corporate structure

UNITED STATES LIME & MINERALS INC sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of UNITED STATES LIME & MINERALS INC

  • BlackRock Filed SCHEDULE 13G on UNITED STATES LIME & MINERALS INC, latest Jul 30, 2026
  • THRIVENT FINANCIAL FOR LUTHERANS Filed SCHEDULE 13G/A on UNITED STATES LIME & MINERALS INC, latest Mar 7, 2025 (4 filings since Feb 14, 2022)
  • Candou Holdings Ltd. Filed SC 13D/A on UNITED STATES LIME & MINERALS INC, latest May 23, 2024
  • INBERDON ENTERPRISES LTD Filed SC 13D/A on UNITED STATES LIME & MINERALS INC, latest Jan 24, 2023
  • UNITED STATES LIME & MINERALS INC Dallas, Texas, United States
    • U.S. Lime Company - St. Clair Subsidiary · Dallas, Texas, United States

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What UNITED STATES LIME & MINERALS INC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Machinery and equipment$447.5M5 Dec 31, 2025$393.3M5 Dec 31, 2024+13.8%
Furniture and fixtures$1.4M5 Dec 31, 2025$1.4M5 Dec 31, 2024+0.9%
Construction in progress$46.2M5 Dec 31, 2025$8.1M5 Dec 31, 2024+470.0%
Property and equipment, before depreciation$554.6M5 Dec 31, 2025$493.2M5 Dec 31, 2024+12.4%
Accumulated depreciation$333.2M5 Dec 31, 2025$310.4M5 Dec 31, 2024+7.4%
Property and equipment, net$221.4M5 Dec 31, 2025$182.9M5 Dec 31, 2024+21.1%
Operating-lease assets (leased space)$3.9M5 Dec 31, 2025$4.9M5 Dec 31, 2024−20.4%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$371.1M5 Dec 31, 2025$278.0M5 Dec 31, 2024+33.5%

Inventory

ItemLatestA year beforeChange
Inventory, total$30.9M5 Dec 31, 2025$27.7M5 Dec 31, 2024+11.6%
Raw materials$8.3M5 Dec 31, 2025$8.9M5 Dec 31, 2024−7.1%
Finished goods$3.8M5 Dec 31, 2025$3.0M5 Dec 31, 2024+27.2%

Properties, in its own words

Reference is made to Item 1 of this Report for a description of the properties of the Company, and such description is hereby incorporated by reference in answer to this Item 2. As disclosed in Note 2 of Notes to Consolidated Financial Statements, the Company’s plants and facilities and resources are subject to encumbrances to secure any Company loans under its credit agreement.

Item 2 of the 10-K filed Feb 26, 2026.4

Leadership

Who has led UNITED STATES LIME & MINERALS INC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Timothy W. Byrne2006–now

President

  1. Timothy W. Byrne2006–now

Chief financial officer

  1. M. Michael Owens2006–2012
  2. Michael L. Wiedemer2017–2019
2010201520202025
Board members and other officers (19)

Former names

  • SCOTTISH HERITABLE INCFeb 25, 1994 to Feb 22, 19943

Timeline

  1. Jul 29, 20268-K Results of operations34
  2. May 4, 20268-K Shareholder vote35
  3. Apr 29, 20268-K Results of operations36
  4. Feb 2, 20268-K Results of operations37
  5. Oct 29, 20258-K Results of operations38
  6. Jul 30, 20258-K Results of operations39
  7. May 5, 20258-K Shareholder vote40
  8. Apr 30, 20258-K Results of operations41
  9. Feb 3, 20258-K Results of operations42
  10. Oct 30, 20248-K Results of operations43
  11. Jul 31, 20248-K Results of operations44
  12. May 6, 20248-K Change to shareholders' rights; Executive or director change; Bylaws or fiscal year changed45
  13. Jan 3, 2006New chief executive Timothy W. Byrne becomes CEO13
  14. Oct 4, 1950Founded UNITED STATES LIME & MINERALS INC is founded2

Calendar

Coming up

  1. Nov 4, 2026Reports results for the quarter ending Sep/202646

When it reported results

  1. Jul 29, 2026Reported quarterly or annual results34
  2. Apr 29, 2026Reported quarterly or annual results36
  3. Feb 2, 2026Reported quarterly or annual results37
  4. Oct 29, 2025Reported quarterly or annual results38
  5. Jul 30, 2025Reported quarterly or annual results39
  6. Apr 30, 2025Reported quarterly or annual results41
  7. Feb 3, 2025Reported quarterly or annual results42
  8. Oct 30, 2024Reported quarterly or annual results43

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

182 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 28 major events, 99 insider forms, 7 large holders, 28 other. The latest 20:

  1. Sep 11, 20264 EDGAR
  2. Sep 11, 20264 PRIMARY DOCUMENT EDGAR
  3. Sep 1, 2026SD EDGAR
  4. Jul 30, 2026SCHEDULE 13G EDGAR
  5. Jul 30, 202610-Q EDGAR
  6. Jul 29, 20268-K EDGAR
  7. May 5, 20264 PRIMARY DOCUMENT EDGAR
  8. May 4, 20264 PRIMARY DOCUMENT EDGAR
  9. May 4, 20264 PRIMARY DOCUMENT EDGAR
  10. May 4, 20264 PRIMARY DOCUMENT EDGAR
  11. May 4, 20264/A PRIMARY DOCUMENT EDGAR
  12. May 4, 20264 PRIMARY DOCUMENT EDGAR
  13. May 4, 20264 PRIMARY DOCUMENT EDGAR
  14. May 4, 20268-K EDGAR
  15. Apr 30, 202610-Q EDGAR
  16. Apr 29, 20268-K EDGAR
  17. Mar 27, 2026ARS EDGAR
  18. Mar 27, 2026DEF 14A EDGAR
  19. Mar 18, 20264 PRIMARY DOCUMENT EDGAR
  20. Mar 4, 20264 PRIMARY DOCUMENT EDGAR

The 182 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

47 open-market trades by officers, directors and large owners since October 2021: 16 buys and 31 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Sep 9, 2026Candou Holdings Ltd.10% ownerBuy20,000$110.00$2.2MForm 4
Sep 9, 2026DOUMET ANTOINE MDirectorSale20,000$110.00$2.2MForm 4
Mar 3, 2026Duhe Sandra CDirectorSale1,277$120.45$153.8KForm 4
Sep 4, 2025BYRNE TIMOTHY WPresident & CEOSale12,100$119.50$1.4MForm 4
Sep 3, 2025BYRNE TIMOTHY WPresident & CEOSale27,425$121.05$3.3MForm 4
Feb 24, 2025Duhe Sandra CDirectorSale3,157$94.61$298.7KForm 4
Nov 20, 2024BYRNE TIMOTHY WPresident & CEOSale21,954$139.60$3.1MForm 4
Nov 19, 2024BYRNE TIMOTHY WPresident & CEOSale22,261$141.73$3.2MForm 4
Nov 12, 2024O'Neill NathanVice PresidentSale1,750$139.73$244.5KForm 4
Aug 22, 2024CARDIN RICHARD WDirectorSale12,000$77.88$934.6KForm 4
Jun 7, 2024BYRNE TIMOTHY WPresident & CEOSale200$330.32$66.1KForm 4
Jun 6, 2024BYRNE TIMOTHY WPresident & CEOSale637$330.33$210.4KForm 4
Jun 5, 2024BYRNE TIMOTHY WPresident & CEOSale7,389$336.68$2.5MForm 4
Mar 14, 2024Duhe Sandra CDirectorSale427$291.02$124.3KForm 4
Feb 15, 2024BYRNE TIMOTHY WPresident & CEOSale1,874$259.34$486.0KForm 4
Feb 14, 2024BYRNE TIMOTHY WPresident & CEOSale5,979$259.27$1.6MForm 4
Nov 9, 2023Stone Timothy WadeVice PresidentBuy200$200.00$40.0KForm 4
Sep 15, 2023Stone Timothy WadeVice PresidentBuy0$213.66$47Form 4
Sep 15, 2023Duhe Sandra CDirectorBuy1$204.30$121Form 4
Sep 13, 2023Duhe Sandra CDirectorSale517$206.92$107.0KForm 4

All 47 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.1,666,090$174.4M0.0%+802,890
Dimensional Fund Advisors LP759,849$79.5M0.0%+12,209
Renaissance Technologies LLC609,011$63.7M0.1%−5,452
First Trust Advisors LP488,301$51.1M0.0%+46,350
Vanguard Capital Management LLC457,733$47.9M0.0%+1,160
Vanguard Portfolio Management LLC424,477$44.4M0.0%+93,877
State Street Corp419,491$43.9M0.0%+183,902
Geode Capital Management, LLC382,636$40.1M0.0%+28,553
Select Equity Group, L.P.380,570$39.8M0.2%−25,111
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.314,326$32.9M0.0%+24,394
Royce & Associates LP220,563$23.1M0.2%+129,591
William Blair Investment Management, LLC169,885$17.8M0.1%−116,375
Invesco Ltd.130,319$13.6M0.0%+6,730
Millennium Management LLC123,215$12.9M0.0%+92,969
Northern Trust Corp117,471$12.3M0.0%+1,086
Morgan Stanley99,660$10.4M0.0%+38,809
Citadel Advisors LLC97,562$10.2M0.0%+88,801
Charles Schwab Investment Management Inc91,831$9.6M0.0%+3,798
Bank of New York Mellon Corp91,653$9.6M0.0%+27,778
Algert Global LLC81,920$8.6M0.1%−4,571
Fmr LLC81,685$8.5M0.0%+7,564
ArrowMark Colorado Holdings LLC79,832$8.4M0.3%−120,023
Vanguard Fiduciary Trust Co75,482$7.9M0.0%+2,509
Diamond Hill Capital Management, LLC (Investment Advisor)75,095$7.9M0.1%+10,378
Principal Financial Group Inc72,378$7.6M0.0%+52,641

13F reports cover disclosed long positions in U.S. stocks only.

SEC filer profile

How UNITED STATES LIME & MINERALS INC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARUNITED STATES LIME & MINERALS INC1
  • CIK0000082020
  • Employer ID (EIN)75-07892264
  • Filer statusLarge accelerated filer not an emerging growth company; not a smaller reporting company; not a shell company4
  • Incorporated inTexas4
  • Fiscal year endsDecember 311
  • Industry code (SIC)1400 Mining & Quarrying of Nonmetallic Minerals (No Fuels)1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address5429 Lbj Freeway, Suite 230, Dallas, TX 752401
  • Phone972-991-84001
  • Shares outstanding28,688,363 as of Jul 28, 202611
  • Public float$1.1B as of Jun 30, 20254
  • AuditorGRANT THORNTON LLP, Dallas, Texas PCAOB ID 248; it also attests to the company’s internal control over financial reporting4
  • On EDGAR sinceFeb 22, 19941
  • Filings887 in all: 4 (458), 8-K (146), 10-Q (95), DEF 14A (32), 10-K (25), SC 13G/A (23), 3 (15), ARS (15)1
    All 25 form types

    UPLOAD (11), 144 (9), CORRESP (9), SC 13D/A (9), 4/A (8), S-8 (7), SC 13G (7), 10-K405 (6), SD (3), PRE 14A (2), 424B3 (1), 8-K/A (1), DEFA14A (1), S-3 (1), S-3/A (1), SCHEDULE 13G (1), SCHEDULE 13G/A (1)

  • Latest filingsAnnual report (10-K) Feb 26, 2026
    Quarterly report (10-Q) Jul 30, 2026
    Proxy statement (DEF 14A) Mar 27, 2026
    Latest 8-K (8-K) Jul 29, 2026

Securities registered for trading

ClassSymbolExchange
Common stock, $0.10 par valueUSLMThe Nasdaq Stock Market LLC

From the cover page of the 10-K filed Feb 26, 2026 (Section 12(b) of the Exchange Act).4

Risk factors and legal proceedings

The risks UNITED STATES LIME & MINERALS INC names in Item 1A of its 10-K filed Feb 26, 2026: 11 risks under these headings, as written.4

  • Industry Risks
  • Our operations are affected by uncertain economic and regulatory conditions in the United States and in particular industries.
  • Our mining and other operations are subject to operating risks that are beyond our control, which could result in materially increased operating expenses and decreased production and shipment levels that could materially adversely affect our operations and their profitability.
  • The lime and limestone industry is highly regionalized and competitive.
  • Business and Financial Risks
  • In the normal course of our operations, we face various business and financial risks, including increased energy, labor, and parts and supplies costs, that could have a material adverse effect on our financial position, results of operations, cash flows, and competitive position. Not all risks are foreseeable or within our ability to control.
  • We quote our lime and limestone products on a delivered price basis to certain customers, which requires us to estimate future delivery costs. Our actual delivery costs may exceed these estimates, which would reduce our profitability.
  • To maintain our competitive position in the lime and limestone industry, we may need to continue to increase the efficiency of our operations, expand production capacity, and sell any resulting increased production at acceptable prices.
  • We may be limited in our ability to insure against certain risks involved in our operations.
  • We may be adversely affected by any disruption in, or failure of, our information technology systems, including due to cybersecurity risks and incidents.
  • Our financial condition, results of operations, cash flows, and competitive position could be materially adversely impacted by pandemics, epidemics, or disease outbreaks.
  • Governmental, Legal, and Regulatory Risks
The other 2 risks
  • Our operations are subject to general and industry-specific regulations. Changes in the governmental, legal, and regulatory environment could increase our cost of compliance and adversely impact our financial condition, results of operations, cash flows, and competitive position.
  • Our operations are subject to various mine safety and reclamation and remediation obligations.

Legal proceedings

Information regarding any legal proceedings is set forth in Note 8 of Notes to Consolidated Financial Statements and is hereby incorporated by reference in answer to this Item 3.

The opening of Item 3, Legal Proceedings.4

Sources

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