Eagle Materials (EXP)
Market Price (5/4/2026): $210.89 | Market Cap: $6.7 BilSector: Materials | Industry: Construction Materials
Eagle Materials (EXP)
Market Price (5/4/2026): $210.89Market Cap: $6.7 BilSector: MaterialsIndustry: Construction Materials
Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.
Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7% Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% Stock buyback supportStock Buyback 3Y Total is 1.1 Bil Low stock price volatilityVol 12M is 35% Megatrend and thematic driversMegatrends include Water Infrastructure, Sustainable & Green Buildings, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Show more. | Weak multi-year price returns2Y Excs Rtn is -59%, 3Y Excs Rtn is -29% | Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.4% Key risksEXP key risks include [1] heavy dependence on the cyclical housing market, Show more. |
| Attractive yieldTotal YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 6.7% |
| Attractive cash flow generationCFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 25%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 10% |
| Stock buyback supportStock Buyback 3Y Total is 1.1 Bil |
| Low stock price volatilityVol 12M is 35% |
| Megatrend and thematic driversMegatrends include Water Infrastructure, Sustainable & Green Buildings, and Sustainable Resource Management. Themes include Water Treatment & Delivery, Show more. |
| Weak multi-year price returns2Y Excs Rtn is -59%, 3Y Excs Rtn is -29% |
| Weak revenue growthRev Chg QQuarterly Revenue Change % is -0.4% |
| Key risksEXP key risks include [1] heavy dependence on the cyclical housing market, Show more. |
Qualitative Assessment
AI Analysis | Feedback
1. Eagle Materials (EXP) experienced a significant rebound, gaining 12.16% over the four weeks ending April 30, 2026, after reaching a 52-week low of $171.99 on March 20, 2026. This strong recovery contributed to its overall positive movement within the specified period.
2. The company benefited from a favorable outlook in the U.S. construction industry, which is projected for "cautious, uneven, and low single-digit growth" in 2026. This growth is particularly driven by strong demand in key segments such as data centers, with projected spending growth of 17% to 20% in 2026, as well as manufacturing and public infrastructure projects. Additionally, residential construction output is forecast to increase by 2.6% in 2026.
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Stock Movement Drivers
Fundamental Drivers
The 3.6% change in EXP stock from 1/31/2026 to 5/3/2026 was primarily driven by a 3.6% change in the company's P/E Multiple.| (LTM values as of) | 1312026 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 203.54 | 210.82 | 3.6% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,300 | 2,300 | 0.0% |
| Net Income Margin (%) | 18.7% | 18.7% | 0.0% |
| P/E Multiple | 15.1 | 15.6 | 3.6% |
| Shares Outstanding (Mil) | 32 | 32 | 0.0% |
| Cumulative Contribution | 3.6% |
Market Drivers
1/31/2026 to 5/3/2026| Return | Correlation | |
|---|---|---|
| EXP | 3.6% | |
| Market (SPY) | 3.6% | 45.9% |
| Sector (XLB) | 4.7% | 76.1% |
Fundamental Drivers
The -0.5% change in EXP stock from 10/31/2025 to 5/3/2026 was primarily driven by a -3.6% change in the company's Net Income Margin (%).| (LTM values as of) | 10312025 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 211.80 | 210.82 | -0.5% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,302 | 2,300 | -0.1% |
| Net Income Margin (%) | 19.4% | 18.7% | -3.6% |
| P/E Multiple | 15.3 | 15.6 | 1.9% |
| Shares Outstanding (Mil) | 32 | 32 | 1.5% |
| Cumulative Contribution | -0.5% |
Market Drivers
10/31/2025 to 5/3/2026| Return | Correlation | |
|---|---|---|
| EXP | -0.5% | |
| Market (SPY) | 5.5% | 42.3% |
| Sector (XLB) | 21.0% | 69.9% |
Fundamental Drivers
The -6.4% change in EXP stock from 4/30/2025 to 5/3/2026 was primarily driven by a -10.6% change in the company's Net Income Margin (%).| (LTM values as of) | 4302025 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 225.31 | 210.82 | -6.4% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,267 | 2,300 | 1.4% |
| Net Income Margin (%) | 20.9% | 18.7% | -10.6% |
| P/E Multiple | 15.8 | 15.6 | -1.5% |
| Shares Outstanding (Mil) | 33 | 32 | 4.7% |
| Cumulative Contribution | -6.4% |
Market Drivers
4/30/2025 to 5/3/2026| Return | Correlation | |
|---|---|---|
| EXP | -6.4% | |
| Market (SPY) | 30.4% | 45.3% |
| Sector (XLB) | 24.8% | 67.9% |
Fundamental Drivers
The 44.3% change in EXP stock from 4/30/2023 to 5/3/2026 was primarily driven by a 27.9% change in the company's P/E Multiple.| (LTM values as of) | 4302023 | 5032026 | Change |
|---|---|---|---|
| Stock Price ($) | 146.14 | 210.82 | 44.3% |
| Change Contribution By: | |||
| Total Revenues ($ Mil) | 2,091 | 2,300 | 10.0% |
| Net Income Margin (%) | 20.8% | 18.7% | -10.2% |
| P/E Multiple | 12.2 | 15.6 | 27.9% |
| Shares Outstanding (Mil) | 36 | 32 | 14.2% |
| Cumulative Contribution | 44.3% |
Market Drivers
4/30/2023 to 5/3/2026| Return | Correlation | |
|---|---|---|
| EXP | 44.3% | |
| Market (SPY) | 78.7% | 56.6% |
| Sector (XLB) | 35.2% | 65.1% |
Price Returns Compared
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Total [1] | |
|---|---|---|---|---|---|---|---|
| Returns | |||||||
| EXP Return | 65% | -20% | 54% | 22% | -16% | 2% | 113% |
| Peers Return | 42% | -30% | 69% | 8% | 9% | 9% | 117% |
| S&P 500 Return | 27% | -19% | 24% | 23% | 16% | 5% | 92% |
Monthly Win Rates [3] | |||||||
| EXP Win Rate | 75% | 33% | 67% | 50% | 58% | 50% | |
| Peers Win Rate | 73% | 35% | 65% | 60% | 62% | 70% | |
| S&P 500 Win Rate | 75% | 42% | 67% | 75% | 67% | 50% | |
Max Drawdowns [4] | |||||||
| EXP Max Drawdown | -2% | -38% | -1% | -3% | -21% | -16% | |
| Peers Max Drawdown | -3% | -40% | -3% | -8% | -21% | -11% | |
| S&P 500 Max Drawdown | -1% | -25% | -1% | -2% | -15% | -7% | |
[1] Cumulative total returns since the beginning of 2021
[2] Peers: RMIX, CRH, VMC, MLM, JHX. See EXP Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2026 data is for the year up to 5/1/2026 (YTD)
How Low Can It Go
| Event | EXP | S&P 500 |
|---|---|---|
| 2025 US Tariff Shock | ||
| % Loss | -18.4% | -18.8% |
| % Gain to Breakeven | 22.6% | 23.1% |
| Time to Breakeven | 61 days | 79 days |
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -22.3% | -9.5% |
| % Gain to Breakeven | 28.7% | 10.5% |
| Time to Breakeven | 47 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -37.0% | -24.5% |
| % Gain to Breakeven | 58.8% | 32.4% |
| Time to Breakeven | 233 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -52.3% | -33.7% |
| % Gain to Breakeven | 109.7% | 50.9% |
| Time to Breakeven | 198 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.2% | -19.2% |
| % Gain to Breakeven | 49.6% | 23.7% |
| Time to Breakeven | 109 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -44.3% | -12.2% |
| % Gain to Breakeven | 79.6% | 13.9% |
| Time to Breakeven | 179 days | 62 days |
In The Past
Eagle Materials's stock fell -18.4% during the 2025 US Tariff Shock. Such a loss loss requires a 22.6% gain to breakeven.
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| Event | EXP | S&P 500 |
|---|---|---|
| Summer-Fall 2023 Five Percent Yield Shock | ||
| % Loss | -22.3% | -9.5% |
| % Gain to Breakeven | 28.7% | 10.5% |
| Time to Breakeven | 47 days | 24 days |
| 2022 Inflation Shock & Fed Tightening | ||
| % Loss | -37.0% | -24.5% |
| % Gain to Breakeven | 58.8% | 32.4% |
| Time to Breakeven | 233 days | 427 days |
| 2020 COVID-19 Crash | ||
| % Loss | -52.3% | -33.7% |
| % Gain to Breakeven | 109.7% | 50.9% |
| Time to Breakeven | 198 days | 140 days |
| Q4 2018 Fed Policy Error / Growth Scare | ||
| % Loss | -33.2% | -19.2% |
| % Gain to Breakeven | 49.6% | 23.7% |
| Time to Breakeven | 109 days | 105 days |
| 2015-2016 China Devaluation / Global Growth Scare | ||
| % Loss | -44.3% | -12.2% |
| % Gain to Breakeven | 79.6% | 13.9% |
| Time to Breakeven | 179 days | 62 days |
| 2014-2016 Oil Price Collapse | ||
| % Loss | -53.7% | -6.8% |
| % Gain to Breakeven | 115.8% | 7.3% |
| Time to Breakeven | 313 days | 15 days |
| 2011 US Debt Ceiling Crisis & European Contagion | ||
| % Loss | -37.0% | -17.9% |
| % Gain to Breakeven | 58.7% | 21.8% |
| Time to Breakeven | 90 days | 123 days |
| 2010 Eurozone Sovereign Debt Crisis / Flash Crash | ||
| % Loss | -25.7% | -15.4% |
| % Gain to Breakeven | 34.7% | 18.2% |
| Time to Breakeven | 224 days | 125 days |
| 2008-2009 Global Financial Crisis | ||
| % Loss | -59.3% | -53.4% |
| % Gain to Breakeven | 145.7% | 114.4% |
| Time to Breakeven | 1232 days | 1085 days |
| Summer 2007 Credit Crunch | ||
| % Loss | -27.6% | -8.6% |
| % Gain to Breakeven | 38.2% | 9.5% |
| Time to Breakeven | 1827 days | 47 days |
In The Past
Eagle Materials's stock fell -18.4% during the 2025 US Tariff Shock. Such a loss loss requires a 22.6% gain to breakeven.
Preserve Wealth
Limiting losses and compounding gains is essential to preserving wealth.
Asset Allocation
Actively managed asset allocation strategies protect wealth. Learn more.
About Eagle Materials (EXP)
AI Analysis | Feedback
Here are 1-3 brief analogies for Eagle Materials (EXP):
- Eagle Materials is like Dow Chemical, but focused on essential building materials (cement, wallboard) and frac sand for energy, rather than a broad range of chemicals.
- Think of them as the 'Intel Inside' for the physical world, providing fundamental ingredients like cement, wallboard, and aggregates that are essential for buildings, roads, and energy extraction.
- They are like Sysco for the construction and infrastructure industry, supplying the fundamental 'ingredients' like cement, wallboard, and aggregates that build our physical world.
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- Portland Cement: A fundamental building material manufactured from mined limestone.
- Slag: Ground material often used as a supplementary cementitious material in concrete production.
- Ready-Mix Concrete: Pre-mixed concrete delivered for various construction projects.
- Aggregates: Includes crushed stones, sand, and gravel, essential foundational materials for construction.
- Gypsum Wallboard: Panels made from gypsum, used for finishing interior walls and ceilings in structures.
- Recycled Paperboard: Produced for the gypsum wallboard industry and other packaging applications.
- Frac Sand (Oil and Gas Proppants): Specialized sand used in hydraulic fracturing for oil and natural gas extraction.
AI Analysis | Feedback
Eagle Materials (EXP) primarily sells its products to other businesses rather than directly to individuals. Due to the fragmented nature of its customer base across various geographic regions and industries (such as construction, infrastructure, and energy), and the commodity-like nature of its products, Eagle Materials does not typically disclose specific named major customers. Publicly available information suggests that no single customer accounts for a significant enough portion of its revenue to be identified as a major customer by name.
Therefore, based on the strict interpretation of the request to "list the names of those customer companies" for a B2B company, and the lack of publicly available or verifiable information regarding specific major customers by name, I am unable to fulfill this part of the request.
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Michael R. Haack, President and Chief Executive Officer
Mr. Haack joined Eagle Materials in December 2014 as Chief Operating Officer, was promoted to President and Chief Operating Officer in August 2018, and then appointed President and Chief Executive Officer in July 2019. Before joining Eagle Materials, he spent 17 years at Halliburton Energy Services, where he held various operating positions, including Global Operations Manager for Sperry Drilling. His experience includes executive, operational, supply chain, and strategic planning in manufacturing and heavy industry, as well as mergers and acquisitions, including divestitures and business integration. He holds a B.S. in Industrial Engineering from Purdue University, a M.S. in Industrial Engineering from Texas A&M University, and an M.B.A. from Rice University.
D. Craig Kesler, Executive Vice President – Finance and Administration and Chief Financial Officer
Mr. Kesler joined Eagle Materials in 2004 as Director of Strategic Planning, becoming Vice President - Investor Relations and Corporate Development in 2005. He was promoted to his current role as Executive Vice President – Finance and Administration and Chief Financial Officer in August 2009. Previously, he worked in public accounting with Arthur Andersen LLP and Ernst & Young LLP, serving multinational audit clients. He is a Certified Public Accountant and holds a B.A. in Accounting from Southwestern University.
William R. Devlin, Senior Vice President, Controller and Chief Accounting Officer
Mr. Devlin joined Eagle Materials in 2004 as Director, Internal Audit, and was named Vice President and Controller the following year. He assumed his current role as Senior Vice President, Controller and Chief Accounting Officer in 2009. Prior to Eagle Materials, he spent 16 years in public accounting, including nearly eight years with KPMG, and served as Manager and Senior Manager at PricewaterhouseCoopers in their Global Capital Markets and Audit practices. He is a Certified Public Accountant.
Matt Newby, Executive Vice President, General Counsel and Secretary
Mr. Newby serves as the Executive Vice President, General Counsel and Secretary for Eagle Materials.
Alex Haddock, Senior Vice President - Investor Relations, Strategy and Corporate Development
Mr. Haddock joined Eagle Materials in 2022 and assumed his current role in 2024. Before joining the company, he was a Vice President of Finance and Strategy at ATW, a Bain Capital portfolio company, in 2022. He also worked as an Associate and Vice President at Goldman Sachs from 2016 to 2022. He holds an MBA from the Darden School of Business at the University of Virginia and a B.S. in Commerce from the University of Virginia.
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```htmlHere are the key risks to Eagle Materials (EXP):
- Economic Downturns and Cyclical Nature of the Construction Industry: Eagle Materials' financial performance is highly susceptible to the cyclical nature of the construction sector, including residential, commercial, and public infrastructure projects. Broader economic downturns can significantly slow construction activity, leading to decreased demand for the company's cement, concrete, aggregates, and gypsum wallboard products. For example, weak demand in segments like wallboard and cement has been noted, and rising interest rates could further reduce demand for their products.
- Input Cost Volatility: Fluctuations in the cost of key raw materials, such as energy (natural gas, coal, oil), limestone, and other essential inputs, can directly impact Eagle Materials' profitability. The availability and pricing of these resources are subject to market forces, and any significant increases can raise operating costs.
- Regulatory and Environmental Risks: The company faces risks related to evolving environmental regulations, permitting processes, and potential carbon taxes, which can increase operating costs and affect project timelines. Specifically, in its Oil and Gas Proppants segment, there are regulatory risks associated with exposure to respirable crystalline silica (RCS) during hydraulic fracturing operations, and the broader oil and gas industry is subject to environmental constraints and changing regulations.
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The addressable markets for Eagle Materials' main products and services in the United States or North America are substantial, reflecting the company's focus on essential construction and energy materials.
For its heavy construction materials segment:
- The U.S. cement market size was approximately USD 18.7 billion in 2024, with projections to reach USD 24.0 billion by 2032.
- The U.S. ready-mix concrete manufacturing market was valued at approximately USD 46.9 billion in 2024, with an anticipated increase to USD 47.8 billion in 2025.
- The U.S. aggregates market was valued at approximately USD 164.65 billion in 2024, and is projected to reach USD 170.26 billion in 2025.
In the light building materials segment:
- The U.S. gypsum board market size was estimated at approximately USD 15.6 billion in 2023.
- For recycled paperboard, the uncoated recycled paperboard market in terms of revenue was valued at approximately USD 20.97 billion in 2025, with North America dominating the global market. The North America coated recycled paperboard market was approximately USD 1.94 billion in 2024, with the United States being the primary revenue contributor.
For materials used in oil and natural gas extraction:
- The North America frac sand market was valued at approximately USD 1.7 billion in 2024, and is anticipated to reach USD 1.81 billion in 2025. The United States was the largest contributor to this market, accounting for an estimated 85.4% share in 2024.
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Expected Drivers of Future Revenue Growth for Eagle Materials (EXP)
Eagle Materials Inc. (EXP) is expected to experience revenue growth over the next 2-3 years, driven by several key factors within its heavy construction materials segments:
- Increased Public Infrastructure Spending: The company anticipates continued robust demand for its heavy construction products, particularly cement and aggregates, stemming from elevated federal, state, and local spending on public infrastructure projects.
- Sustained Private Non-residential Construction: Strong demand from the private non-residential construction sector is also expected to support the company's heavy materials business, contributing to overall revenue growth.
- Cement Price Increases: Eagle Materials has announced price increases for cement in most of its markets, which are expected to take effect in early 2026. These price adjustments are a direct driver for increased revenue.
- Strategic Acquisitions: Recent acquisitions, such as the purchase of Bullskin Stone & Lime LLC, have expanded the company's aggregates business and contributed to revenue growth. Contributions from recently acquired aggregates operations are noted in recent fiscal quarters.
- Organic Growth in Aggregates Sales Volume: Beyond acquisitions, Eagle Materials has demonstrated significant organic growth in its aggregates sales volume, indicating underlying market strength and increased demand for these materials.
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Capital Allocation Decisions (Last 3-5 Years)
Share Repurchases
- In fiscal year 2025 (ended March 31, 2025), Eagle Materials repurchased 1.2 million shares of its common stock for $298 million.
- During the first nine months of fiscal year 2026 (ended December 31, 2025), the company repurchased approximately 1.4 million shares for a total of approximately $310.2 million.
- As of December 31, 2024, approximately 5.1 million shares remained under Eagle Materials' current repurchase authorization.
Share Issuance
- No significant share issuances were identified, with the number of shares outstanding showing a decline in recent fiscal years.
Outbound Investments
- Eagle Materials completed the acquisition of Bullskin Stone & Lime LLC for $149.9 million in the third quarter of fiscal year 2026, expanding its aggregates business.
Capital Expenditures
- Total capital spending for fiscal year 2026 is projected to be between $430 million and $450 million.
- Capital expenditures for the first nine months of fiscal year 2026 amounted to $294.7 million.
- The primary focus of recent and planned capital investments includes major plant modernization and expansion projects at the Laramie, Wyoming cement plant and the Duke, Oklahoma gypsum wallboard plant, with completion expected in late 2026 and 2027.
Latest Trefis Analyses
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Trade Ideas
Select ideas related to EXP.
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|---|---|---|---|---|---|---|---|
| 04302026 | CDE | Coeur Mining | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 0.0% | 0.0% | 0.0% |
| 03272026 | AXTA | Axalta Coating Systems | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 5.9% | 5.9% | -2.7% |
| 03272026 | IFF | International Flavors & Fragrances | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -1.1% | -1.1% | -3.0% |
| 03132026 | IP | International Paper | Insider | Insider Buys | Low D/EStrong Insider BuyingCompanies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap | -18.3% | -18.3% | -18.3% |
| 03062026 | ARIS | Aris Mining | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | -7.4% | -7.4% | -16.7% |
| 06302022 | EXP | Eagle Materials | Dip Buy | DB | FCFY OPMDip Buy with High FCF Yield and High MarginBuying dips for companies with high FCF yield and meaningfully high operating margin | 22.3% | 70.8% | -5.9% |
Research & Analysis
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Peer Comparisons
| Peers to compare with: |
Financials
| Median | |
|---|---|
| Name | |
| Mkt Price | 163.13 |
| Mkt Cap | 37.1 |
| Rev LTM | 6,552 |
| Op Inc LTM | 1,487 |
| FCF LTM | 1,034 |
| FCF 3Y Avg | 838 |
| CFO LTM | 1,794 |
| CFO 3Y Avg | 1,593 |
Growth & Margins
| Median | |
|---|---|
| Name | |
| Rev Chg LTM | 7.4% |
| Rev Chg 3Y Avg | 3.3% |
| Rev Chg Q | 9.1% |
| QoQ Delta Rev Chg LTM | 1.6% |
| Op Inc Chg LTM | 8.2% |
| Op Inc Chg 3Y Avg | 15.9% |
| Op Mgn LTM | 20.0% |
| Op Mgn 3Y Avg | 20.7% |
| QoQ Delta Op Mgn LTM | -0.9% |
| CFO/Rev LTM | 22.4% |
| CFO/Rev 3Y Avg | 20.5% |
| FCF/Rev LTM | 10.1% |
| FCF/Rev 3Y Avg | 11.3% |
Valuation
| Median | |
|---|---|
| Name | |
| Mkt Cap | 37.1 |
| P/S | 2.9 |
| P/Op Inc | 16.8 |
| P/EBIT | 23.2 |
| P/E | 21.1 |
| P/CFO | 20.0 |
| Total Yield | 5.1% |
| Dividend Yield | 0.2% |
| FCF Yield 3Y Avg | 2.6% |
| D/E | 0.3 |
| Net D/E | 0.2 |
Returns
| Median | |
|---|---|
| Name | |
| 1M Rtn | 10.9% |
| 3M Rtn | -3.1% |
| 6M Rtn | 0.0% |
| 12M Rtn | 13.7% |
| 3Y Rtn | 57.4% |
| 1M Excs Rtn | -1.6% |
| 3M Excs Rtn | -7.3% |
| 6M Excs Rtn | -5.9% |
| 12M Excs Rtn | -13.8% |
| 3Y Excs Rtn | -10.0% |
Comparison Analyses
Segment Financials
Assets by Segment| $ Mil | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Cement | 2,042 | 1,905 | 1,861 | 1,899 | 1,980 |
| Gypsum Wallboard | 432 | 421 | 397 | 366 | 376 |
| Concrete and Aggregates | 225 | 235 | 89 | 88 | 136 |
| Recycled Paperboard | 171 | 164 | 180 | 186 | 183 |
| Other, net | 76 | 56 | 52 | ||
| Corporate and Other | 299 | 272 | |||
| Assets of Discontinued Operations | 14 | ||||
| Total | 2,947 | 2,781 | 2,580 | 2,839 | 2,961 |
Price Behavior
| Market Price | $210.82 | |
| Market Cap ($ Bil) | 6.7 | |
| First Trading Date | 04/12/1994 | |
| Distance from 52W High | -12.7% | |
| 50 Days | 200 Days | |
| DMA Price | $199.54 | $217.82 |
| DMA Trend | indeterminate | down |
| Distance from DMA | 5.7% | -3.2% |
| 3M | 1YR | |
| Volatility | 35.9% | 35.0% |
| Downside Capture | 0.43 | 0.78 |
| Upside Capture | 71.82 | 91.42 |
| Correlation (SPY) | 45.3% | 44.9% |
| 1M | 2M | 3M | 6M | 1Y | 3Y | |
|---|---|---|---|---|---|---|
| Beta | 1.18 | 1.42 | 1.13 | 1.16 | 1.26 | 1.19 |
| Up Beta | 2.07 | 2.10 | 1.80 | 1.50 | 1.51 | 1.26 |
| Down Beta | 2.60 | 1.44 | 1.17 | 1.10 | 1.17 | 0.99 |
| Up Capture | 65% | 77% | 69% | 83% | 93% | 164% |
| Bmk +ve Days | 15 | 22 | 31 | 66 | 141 | 428 |
| Stock +ve Days | 13 | 19 | 32 | 59 | 129 | 395 |
| Down Capture | -425% | 145% | 100% | 119% | 129% | 107% |
| Bmk -ve Days | 4 | 18 | 30 | 56 | 108 | 321 |
| Stock -ve Days | 9 | 24 | 32 | 66 | 123 | 357 |
[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EXP | |
|---|---|---|---|---|
| EXP | -6.5% | 34.9% | -0.14 | - |
| Sector ETF (XLB) | 24.9% | 16.4% | 1.18 | 67.9% |
| Equity (SPY) | 30.6% | 12.5% | 1.88 | 45.3% |
| Gold (GLD) | 39.5% | 27.2% | 1.20 | 8.0% |
| Commodities (DBC) | 51.5% | 17.9% | 2.20 | -19.4% |
| Real Estate (VNQ) | 13.1% | 13.5% | 0.67 | 45.6% |
| Bitcoin (BTCUSD) | -17.1% | 42.2% | -0.33 | 15.0% |
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Based On 5-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EXP | |
|---|---|---|---|---|
| EXP | 8.6% | 32.6% | 0.31 | - |
| Sector ETF (XLB) | 6.4% | 18.9% | 0.23 | 70.4% |
| Equity (SPY) | 12.8% | 17.1% | 0.59 | 62.3% |
| Gold (GLD) | 20.5% | 17.9% | 0.94 | 10.5% |
| Commodities (DBC) | 14.3% | 19.1% | 0.61 | 10.5% |
| Real Estate (VNQ) | 3.5% | 18.8% | 0.09 | 53.7% |
| Bitcoin (BTCUSD) | 7.7% | 56.2% | 0.35 | 25.8% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
| Annualized Return | Annualized Volatility | Sharpe Ratio | Correlation with EXP | |
|---|---|---|---|---|
| EXP | 11.4% | 35.9% | 0.40 | - |
| Sector ETF (XLB) | 10.3% | 20.6% | 0.44 | 71.1% |
| Equity (SPY) | 14.9% | 17.9% | 0.71 | 64.4% |
| Gold (GLD) | 13.6% | 15.9% | 0.71 | 6.7% |
| Commodities (DBC) | 9.7% | 17.7% | 0.46 | 23.1% |
| Real Estate (VNQ) | 5.7% | 20.7% | 0.24 | 55.5% |
| Bitcoin (BTCUSD) | 67.7% | 66.9% | 1.07 | 20.0% |
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Returns Analyses
Earnings Returns History
Expand for More| Forward Returns | |||
|---|---|---|---|
| Earnings Date | 1D Returns | 5D Returns | 21D Returns |
| 1/29/2026 | -2.7% | 5.2% | 2.7% |
| 10/30/2025 | -7.9% | -11.1% | -5.2% |
| 7/29/2025 | 3.0% | 1.0% | 7.4% |
| 5/20/2025 | -8.8% | -9.9% | -19.1% |
| 1/29/2025 | -1.8% | -1.9% | -13.2% |
| 10/29/2024 | -2.1% | -0.3% | 7.2% |
| 7/30/2024 | 6.8% | -2.0% | 2.9% |
| 5/21/2024 | -5.7% | -9.6% | -15.5% |
| ... | |||
| SUMMARY STATS | |||
| # Positive | 11 | 14 | 15 |
| # Negative | 13 | 10 | 9 |
| Median Positive | 3.4% | 4.8% | 9.6% |
| Median Negative | -2.9% | -2.0% | -6.7% |
| Max Positive | 7.9% | 14.9% | 22.8% |
| Max Negative | -8.8% | -11.1% | -19.1% |
SEC Filings
Expand for More| Report Date | Filing Date | Filing |
|---|---|---|
| 12/31/2025 | 01/29/2026 | 10-Q |
| 09/30/2025 | 10/30/2025 | 10-Q |
| 06/30/2025 | 07/30/2025 | 10-Q |
| 03/31/2025 | 05/20/2025 | 10-K |
| 12/31/2024 | 01/29/2025 | 10-Q |
| 09/30/2024 | 10/29/2024 | 10-Q |
| 06/30/2024 | 07/30/2024 | 10-Q |
| 03/31/2024 | 05/22/2024 | 10-K |
| 12/31/2023 | 01/25/2024 | 10-Q |
| 09/30/2023 | 10/26/2023 | 10-Q |
| 06/30/2023 | 07/27/2023 | 10-Q |
| 03/31/2023 | 05/19/2023 | 10-K |
| 12/31/2022 | 01/26/2023 | 10-Q |
| 09/30/2022 | 10/26/2022 | 10-Q |
| 06/30/2022 | 07/28/2022 | 10-Q |
| 03/31/2022 | 05/20/2022 | 10-K |
External Quote Links
| Y Finance | Barrons |
| TradingView | Morningstar |
| SeekingAlpha | ValueLine |
| Motley Fool | Robinhood |
| CNBC | Etrade |
| MarketWatch | Unusual Whales |
| YCharts | Perplexity Finance |
| FinViz |
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