USLM (United States Lime & Minerals) Gross Margin %: 47.54% (As of Mar. 2026) — 60% Above Median


USLM United States Lime & Minerals Inc USLM
93 GF Score
Price $101.07
GF Value $113.99
Valuation Modestly Undervalued
! 1 Warning Sign
View Full Analysis

What is United States Lime & Minerals Gross Margin %?

United States Lime & Minerals USLM +1.90% 93 Gross Margin % is 47.54% as of Mar. 2026, which is 60% above its 10-year median of 29.70. GuruFocus rates USLM with a GF Score™ of 93/100 and a GF Value™ of $113.99 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 396 Building Materials companies, United States Lime & Minerals ranks better than 84.85% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. United States Lime & Minerals's Gross Profit for the three months ended in Mar. 2026 was $41.8 Mil. United States Lime & Minerals's Revenue for the three months ended in Mar. 2026 was $87.8 Mil. Therefore, United States Lime & Minerals's Gross Margin % for the quarter that ended in Mar. 2026 was 47.54%.


The historical rank and industry rank for United States Lime & Minerals's Gross Margin % or its related term are showing as below:

USLM' s Gross Margin % Range Over the Past 10 Years
Min: 21.11   Med: 29.7   Max: 48.94
Current: 48.2


During the past 13 years, the highest Gross Margin % of United States Lime & Minerals was 48.94%. The lowest was 21.11%. And the median was 29.70%.

USLM's Gross Margin % is ranked better than
84.85% of 396 companies
in the Building Materials industry
Industry Median: 26.19 vs USLM: 48.20

United States Lime & Minerals had a gross margin of 47.54% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for United States Lime & Minerals was 11.60% per year.


United States Lime & Minerals  (NAS:USLM) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

United States Lime & Minerals had a gross margin of 47.54% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


United States Lime & Minerals Gross Margin % Related Terms


United States Lime & Minerals Gross Margin % Historical Data

* Premium members only.

The historical data trend for United States Lime & Minerals's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

United States Lime & Minerals Gross Margin % Chart

United States Lime & Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.31 29.79 36.56 45.32 48.94

United States Lime & Minerals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 50.58 45.76 51.16 47.96 47.54

USLM vs TTAM, TGLS, RMIX: Gross Margin % Comparison

For the Building Materials subindustry, United States Lime & Minerals's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


United States Lime & Minerals Gross Margin % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Gross Margin % falls into.


USLM
93GF Score
United States Lime & Minerals Inc USLM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

United States Lime & Minerals Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

United States Lime & Minerals's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=182.4 / 372.727
=(Revenue - Cost of Goods Sold) / Revenue
=(372.727 - 190.329) / 372.727
=48.94 %

United States Lime & Minerals's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=41.8 / 87.833
=(Revenue - Cost of Goods Sold) / Revenue
=(87.833 - 46.081) / 87.833
=47.54 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 47.54% mean?
United States Lime & Minerals (USLM) has a Gross Margin % of 47.54% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on United States Lime & Minerals and its competitors. This is 60% above median its historical median of 29.70. Over the past decade, United States Lime & Minerals' Gross Margin % has ranged from 21.11 to 48.94. According to the industry distribution chart, United States Lime & Minerals ranks #60 out of 396 companies in the Building Materials industry, placing it in the top 15.2%.
Is United States Lime & Minerals' Gross Margin % too high?
United States Lime & Minerals' current Gross Margin % of 47.54% is 60% above median its 10-year median of 29.70. Over the past 10 years, this metric has ranged from a low of 21.11 to a high of 48.94. The Building Materials industry median Gross Margin % is 26.19. United States Lime & Minerals' value of 47.54% is 81.5% above this industry median. Based on the distribution chart, United States Lime & Minerals ranks #60 out of 396 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, United States Lime & Minerals has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does United States Lime & Minerals' Gross Margin % compare to TTAM and TGLS?
According to the Building Materials industry distribution chart, United States Lime & Minerals ranks #60 out of 396 companies for Gross Margin %. This places United States Lime & Minerals in the top 15% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 26.19. United States Lime & Minerals' value of 47.54% is 81.5% above this benchmark. Historically, United States Lime & Minerals' own Gross Margin % has ranged from 21.11 to 48.94 over the past decade. While the company's 10-year median is 29.70 vs. the industry median of 26.19, United States Lime & Minerals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Building Materials company?
The median Gross Margin % among Building Materials companies is 26.19, based on 396 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United States Lime & Minerals's current Gross Margin % of 47.54% is 81.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on United States Lime & Minerals and its competitors. For the Building Materials industry, the median Gross Margin % is 26.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United States Lime & Minerals's current Gross Margin % is 47.54%, which is 60% above median its own 10-year median of 29.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United States Lime & Minerals stock overvalued right now?
Based on GuruFocus' analysis, United States Lime & Minerals (USLM) is currently considered Modestly Undervalued. The stock's GF Value™ is $113.99, compared to a current price of $101.07 — trading 11.3% below its estimated fair value. The current Gross Margin % is 47.54%, which is 60% above median its 10-year median of 29.70 and 81.5% above the Building Materials industry median of 26.19. United States Lime & Minerals' overall GF Score™ is 93/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For United States Lime & Minerals (USLM), the current Gross Margin % is 47.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is United States Lime & Minerals (USLM) Overvalued in 2026?

Based on GuruFocus' analysis, United States Lime & Minerals stock appears to be undervalued. The current stock price of $101.07 is trading 11.3% below its estimated GF Value™ of $113.99. GuruFocus considers United States Lime & Minerals to be Modestly Undervalued.

Key valuation signals for USLM:

  • Gross Margin %: 47.54% (60% above median its 10-year median of 29.70)
  • GF Value™: $113.99 vs. price of $101.07 (11.3% below fair value)
  • GF Score™: 93/100 with 1 warning sign
  • Industry Position: 81.5% above the Building Materials median (#60 of 396)

No single metric tells the full story. See the USLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


United States Lime & Minerals Business Description

Other Exchanges ULI:Germany
Address 5429 LBJ Freeway, Suite 230, Dallas, TX, USA, 75240
United States Lime & Minerals Inc is engaged in the business of manufacturing lime and limestone products including PLS, quicklime, hydrated lime and lime slurry. The company supplies its products predominantly to 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, oil and gas services, roof shingle manufacturers and agriculture including poultry industries. The company operates through its Lime and Limestone Operations segment.
93GF Score

Get the complete analysis for USLM

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$101.07
Price
$113.99
GF Value