United States Lime & MineralsUSLM -2.84%93 Return-on-Tangible-Asset is 17.54% as of Mar. 2026, which is 41% above its 10-year median of 12.42. GuruFocus rates USLM with a GF Score™ of 93/100 and a GF Value™ of $113.69 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 410 Building Materials companies, United States Lime & Minerals ranks better than 95.85% on this metric.
The historical rank and industry rank for United States Lime & Minerals's Return-on-Tangible-Asset or its related term are showing as below:
USLM'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: 8.32 Med: 12.42 Max: 22.13
Current: 20.17
During the past 13 years, United States Lime & Minerals's highest Return-on-Tangible-Asset was 22.13%. The lowest was 8.32%. And the median was 12.42%.
USLM's Return-on-Tangible-Asset is ranked better than 95.85% of 410
companies
in the Building Materials industry
Industry Median: 2.45
vs USLM: 20.17
United States Lime & Minerals (NAS:USLM) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
United States Lime & Minerals Return-on-Tangible-Asset Related Terms
United States Lime & Minerals Return-on-Tangible-Asset Historical Data
* 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 Return-on-Tangible-Asset Chart
USLM vs TTAM, TGLS, RMIX: Return-on-Tangible-Asset Comparison
For the Building Materials subindustry, United States Lime & Minerals's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where United States Lime & Minerals's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
What does a Return-on-Tangible-Asset of 17.54% mean?
United States Lime & Minerals (USLM) has a Return-on-Tangible-Asset of 17.54% as of Mar. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on United States Lime & Minerals and its competitors. This is 41% above median its historical median of 12.42. Over the past decade, United States Lime & Minerals' Return-on-Tangible-Asset has ranged from 8.32 to 22.13. According to the industry distribution chart, United States Lime & Minerals ranks #17 out of 410 companies in the Building Materials industry, placing it in the top 4.1%.
Is United States Lime & Minerals' Return-on-Tangible-Asset too high?
United States Lime & Minerals' current Return-on-Tangible-Asset of 17.54% is 41% above median its 10-year median of 12.42. Over the past 10 years, this metric has ranged from a low of 8.32 to a high of 22.13. The Building Materials industry median Return-on-Tangible-Asset is 2.45. United States Lime & Minerals' value of 17.54% is 615.9% above this industry median. Based on the distribution chart, United States Lime & Minerals ranks #17 out of 410 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' Return-on-Tangible-Asset compare to TTAM and TGLS?
According to the Building Materials industry distribution chart, United States Lime & Minerals ranks #17 out of 410 companies for Return-on-Tangible-Asset. This places United States Lime & Minerals in the top 4% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Asset is 2.45. United States Lime & Minerals' value of 17.54% is 615.9% above this benchmark. Historically, United States Lime & Minerals' own Return-on-Tangible-Asset has ranged from 8.32 to 22.13 over the past decade. While the company's 10-year median is 12.42 vs. the industry median of 2.45, 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 Return-on-Tangible-Asset for a Building Materials company?
The median Return-on-Tangible-Asset among Building Materials companies is 2.45, based on 410 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. United States Lime & Minerals's current Return-on-Tangible-Asset of 17.54% is 615.9% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on United States Lime & Minerals and its competitors. For the Building Materials industry, the median Return-on-Tangible-Asset is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United States Lime & Minerals's current Return-on-Tangible-Asset is 17.54%, which is 41% above median its own 10-year median of 12.42. 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 $113.69, compared to a current price of $99.78 — trading 12.2% below its estimated fair value. The current Return-on-Tangible-Asset is 17.54%, which is 41% above median its 10-year median of 12.42 and 615.9% above the Building Materials industry median of 2.45. 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 Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For United States Lime & Minerals (USLM), the current Return-on-Tangible-Asset is 17.54% 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 $99.78 is trading 12.2% below its estimated GF Value™ of $113.69.
GuruFocus considers United States Lime & Minerals to be Modestly Undervalued.
Key valuation signals for USLM:
Return-on-Tangible-Asset: 17.54% (41% above median its 10-year median of 12.42)
GF Value™: $113.69 vs. price of $99.78 (12.2% below fair value)
Industry Position: 615.9% above the Building Materials median (#17 of 410)
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
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
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