USLM (United States Lime & Minerals) Scaled Net Operating Assets: 0.41 (As of Mar. 2026)


USLM United States Lime & Minerals Inc USLM
93 GF Score
Price $107.18
GF Value $112.98
Valuation Fairly Valued
! 1 Warning Sign
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What is United States Lime & Minerals Scaled Net Operating Assets?

United States Lime & Minerals USLM +1.36% 93 Scaled Net Operating Assets is 0.41 as of Mar. 2026. GuruFocus rates USLM with a GF Score™ of 93/100 and a GF Value™ of $112.98 (Fairly Valued). The stock has 1 warning sign investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United States Lime & Minerals's operating assets for the quarter that ended in Mar. 2026 was $330.7 Mil. United States Lime & Minerals's operating liabilities for the quarter that ended in Mar. 2026 was $49.1 Mil. United States Lime & Minerals's Total Assets for the quarter that ended in Dec. 2025 was $681.0 Mil. Therefore, United States Lime & Minerals's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.41.


United States Lime & Minerals Scaled Net Operating Assets Historical Data

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The historical data trend for United States Lime & Minerals's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

United States Lime & Minerals Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 0.61 0.57 0.51 0.49

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
Scaled Net Operating Assets 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 0.44 0.42 0.42 0.40 0.41

USLM vs TTAM, KNF, TGLS: Scaled Net Operating Assets Comparison

For the Building Materials subindustry, United States Lime & Minerals's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, United States Lime & Minerals's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where United States Lime & Minerals's Scaled Net Operating Assets falls into.


USLM
93GF Score
United States Lime & Minerals Inc USLM
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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United States Lime & Minerals Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

United States Lime & Minerals's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2025 )
=(Operating Assets (A: Dec. 2025 )-Operating Liabilities (A: Dec. 2025 ))/Total Assets (A: Dec. 2024 )
=(309.92-46.271)/543.163
=0.49

where

Operating Assets(A: Dec. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=681.044 - 371.124
=309.92

Operating Liabilities(A: Dec. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=50.284 - 2.37 - 1.643
=46.271

United States Lime & Minerals's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Mar. 2026 )
=(Operating Assets (Q: Mar. 2026 )-Operating Liabilities (Q: Mar. 2026 ))/Total Assets (Q: Dec. 2025 )
=(330.672-49.052)/681.044
=0.41

where

Operating Assets(Q: Mar. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=713.837 - 383.165
=330.672

Operating Liabilities(Q: Mar. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=52.678 - 2.008 - 1.618
=49.052

* 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.

What does a Scaled Net Operating Assets of 0.41 mean?
United States Lime & Minerals (USLM) has a Scaled Net Operating Assets of 0.41 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United States Lime & Minerals and its competitors.
Is United States Lime & Minerals' Scaled Net Operating Assets too high?
United States Lime & Minerals' current Scaled Net Operating Assets is 0.41. Overall, United States Lime & Minerals has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does United States Lime & Minerals' Scaled Net Operating Assets compare to TTAM and KNF?
United States Lime & Minerals' Scaled Net Operating Assets of 0.41 can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a Building Materials company?
A good Scaled Net Operating Assets depends on the Building Materials industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on United States Lime & Minerals and its competitors. United States Lime & Minerals's current Scaled Net Operating Assets is 0.41. 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 Fairly Valued. The stock's GF Value™ is $112.98, compared to a current price of $107.18 — trading 5.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.41. 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 Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For United States Lime & Minerals (USLM), the current Scaled Net Operating Assets is 0.41 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 $107.18 is trading 5.1% below its estimated GF Value™ of $112.98. GuruFocus considers United States Lime & Minerals to be Fairly Valued.

Key valuation signals for USLM:

  • Scaled Net Operating Assets: 0.41
  • GF Value™: $112.98 vs. price of $107.18 (5.1% below fair value)
  • GF Score™: 93/100 with 1 warning sign

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

Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$107.18
Price
$112.98
GF Value