United States Lime & Minerals reported third quarter 2026 revenue of $106.2 million, a 4.1% increase year-over-year. While pricing and steel sector volumes grew, net income declined slightly to $38.0 million as profitability was squeezed by surging diesel costs and operational friction from a new kiln integration.
Key Highlights
- Gross profit margin contracted as gross profit fell 2.7% to $50.8 million, driven by higher transportation and fuel expenses.
- Increased demand from steel customers successfully mitigated lower volumes in the construction and roof shingle segments.
- Operational inefficiencies persisted at the Texas facility during the integration of a new kiln, with final commissioning expected in the fourth quarter 2026.
- Cash and cash equivalents generated $3.8 million in interest income for the quarter, providing a buffer against rising operating costs.