EXP Financials Eagle Materials

15 years of revenue, profit, cash flow and balance-sheet history through FY2026, from SEC filings — with a computed, factual read of the trend. Updated Aug 4, 2026, 19:37 UTC Overview →

Growth & profitability

Revenue has grown 7.3% per year over the past 5 years.
Net income has grown slower than revenue (4.5% vs 7.3% per year).
Free cash flow has declined 19.6% per year over the past 5 years.

Financial health

Total debt ($1.8B) exceeds cash ($298M); net debt is $1.5B.
Total debt has grown faster than revenue (11.9% vs 7.3% per year).

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 7.6% of earnings and 16.4% of free cash flow.
The dividend has grown 50.7% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2026	$2.3B	$424M	28.3%	0.0%	28.7%	11.0%	$197M	$1.8B	$298M
2025	$2.3B	$463M	29.8%	0.0%	31.8%	14.2%	$353M	$1.2B	$20M
2024	$2.3B	$478M	30.3%	31.7%	36.5%	16.2%	$444M	$1.1B	$35M
2023	$2.1B	$462M	29.8%	31.4%	38.9%	16.6%	$432M	$1.1B	$15M
2022	$1.9B	$374M	27.9%	29.7%	33.0%	14.5%	$443M	$1.1B	$19M
2021	$1.6B	$339M	25.2%	27.5%	25.0%	12.0%	$589M	$1.0B	$264M
2020	$1.4B	$71M	24.4%	27.4%	7.3%	2.4%	$267M	$1.6B	$119M
2019	$1.3B	$69M	26.6%	29.5%	5.7%	3.2%	$181M	$697M	$9M
2018	$1.4B	$257M	24.4%	27.6%	18.1%	10.8%	$206M	$621M	$9M
2017	$1.2B	$198M	25.8%	29.3%	16.5%	8.8%	$275M	$693M	$7M
2016	—	$153M	—	—	14.7%	8.1%	—	$508M	$5M
2015	—	$187M	—	—	18.5%	9.9%	—	$513M	$8M
2014	—	$124M	—	—	14.9%	8.2%	—	$381M	$6M
2013	—	$58M	—	—	8.3%	3.9%	$71M	$489M	$4M
2012	—	$19M	—	—	4.0%	1.9%	$35M	$267M	$6M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$651M	$102M	24.8%	0.0%	6.9%	2.6%	$34M	$1.8B	$234M
Mar '26	$479M	$60M	22.2%	0.0%	4.1%	1.6%	-$20M	$1.8B	$298M
Dec '25	$556M	$103M	28.9%	0.0%	6.9%	2.7%	$61M	$1.8B	$419M
Sep '25	$639M	$137M	31.3%	0.0%	8.9%	4.0%	$96M	$1.3B	$35M
Jun '25	$635M	$123M	29.2%	0.0%	8.3%	3.6%	$61M	$1.3B	$60M
Mar '25	$470M	$66M	22.2%	0.0%	4.6%	2.0%	$14M	$1.2B	$20M
Dec '24	$558M	$120M	31.9%	32.8%	8.0%	3.9%	$73M	$1.0B	$31M
Sep '24	$624M	$144M	32.7%	34.2%	10.0%	4.6%	$167M	$1.1B	$94M
Jun '24	$609M	$134M	30.7%	32.0%	9.9%	4.4%	$100M	$1.1B	$47M
Mar '24	$477M	$77M	25.1%	26.9%	5.9%	2.6%	$31M	$1.1B	$35M
Dec '23	$559M	$129M	32.3%	34.0%	9.7%	4.5%	$165M	$1.0B	$49M
Sep '23	$622M	$151M	33.6%	35.3%	11.5%	5.2%	$143M	$1.1B	$47M
Jun '23	$602M	$121M	29.3%	29.8%	9.8%	4.1%	$104M	$1.2B	$53M
Mar '23	$470M	$100M	28.8%	31.3%	8.5%	3.6%	$12M	$1.1B	$15M
Dec '22	$511M	$117M	31.0%	33.3%	10.1%	4.3%	$162M	$1.1B	$61M
Sep '22	$605M	$139M	32.1%	33.3%	12.0%	4.9%	$147M	$1.1B	$84M
Jun '22	$561M	$134M	26.9%	27.8%	11.9%	4.8%	$110M	$1.1B	$68M
Mar '22	$413M	$74M	24.0%	25.9%	6.6%	2.9%	$69M	$1.1B	$19M
Dec '21	$463M	$102M	29.9%	31.8%	8.4%	4.0%	$139M	$838M	$17M
Sep '21	$510M	$102M	30.5%	32.1%	7.8%	3.9%	$135M	$813M	$45M

Valuation over time

How the market has priced EXP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 9.8× (Mar '23) to 14.2× (Nov '26).
The price-to-sales ratio has risen from 2.1× (Mar '23) to 2.6× (Nov '26).
The dividend yield has fallen from 0.8% (Mar '23) to 0.5% (Nov '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is EXP growing its revenue and profit?

Over the past 5 years, Eagle Materials's revenue has grown 7.3% per year, and net income grown 4.5% per year. These are computed facts, not advice.

How much debt does EXP have?

As of FY2026, Eagle Materials reported $1.8B of total debt against $298M of cash.

What is EXP's profit margin?

In FY2026, gross margin was 28.3%, operating margin —, and net margin 18.4%.

What is EXP's P/E ratio?

Eagle Materials's P/E (TTM) is 14.91 as of the 2026-11-02 close — market cap ÷ net income over the trailing twelve months where four consecutive quarters are reported, otherwise the latest fiscal year, the same figure as on the EXP stock page. The valuation chart above sets each month-end's price against the latest annual net income instead, so its latest point (about 14.2× as of Nov '26) can differ. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), split-adjusted; price return — dividends not reinvested · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.