Eagle Materials (EXP) FY2025 results: revenue $2.3 billion, up 0.1% on the year
Eagle Materials Inc. (EXP) reported revenue of $2.3 billion for fiscal 2025, the year ended 31 March 2025, up 0.1% on the year before. Net income was $463 million, down 3.0%, and diluted earnings per share $13.77. The figures are the company's own, from the 10-K it filed with the SEC on 20 May 2025.
Revenue
$2.3 billion
+0.1% on the year
FY2018FY2025
Operating margin
n/a
31.7% a year earlier
FY2018FY2025
Net income
$463 million
-3.0% on the year
FY2018FY2025
Diluted EPS
$13.77
+1.2% on the year
FY2018FY2025
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Operating cash flow
549
564
542
-2.7%
Capital expenditure
195
120
110
+62.3%
Free cash flow
353
444
432
-20.4%
Free cash flow margin
15.6%
19.6%
20.1%
Cash from investing
-370
-175
-269
Cash from financing
-193
-369
-277
Depreciation and amortisation
159
150
139
+6.1%
Share-based compensation
18.7
19.9
17.2
-5.8%
Buybacks
298
343
388
-13.1%
Dividends paid
33.7
35.3
37.5
-4.5%
Dividend per share
$1.00
$1.00
$1.00
0.0%
Diluted shares, weighted
34m
35m
37m
-4.1%
Shares outstanding at period end
34m
34m
36m
0.0%
Balance sheet
$ million
FY2025
FY2024
FY2023
On the year
Last 8 years
Shareholders' equity
1,457
1,309
1,186
+11.3%
Debt
1,246
1,102
1,100
+13.0%
Operating lease liabilities
33.6
19.0
24.9
+76.5%
Other liabilities
528
517
471
+2.1%
Total liabilities and equity
3,265
2,947
2,781
+10.8%
Fixed assets
1,793
1,676
1,662
+7.0%
Goodwill
470
393
381
+19.7%
Cash and equivalents
20.4
34.9
15.2
-41.6%
Receivables
212
203
195
+4.6%
Inventory
415
374
292
+11.0%
Other assets
354
266
236
+32.8%
Total assets
3,265
2,947
2,781
+10.8%
10-K for the year ended 31 March 2025, filed 20 May 2025: the filing.