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EAGLE MATERIALS INC

CIK:0000918646|SEC Filings

Consolidated Statements of Earnings (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Income Statement [Abstract]
Revenue	$ 650,966	$ 634,690
Cost of Goods Sold	489,721	449,091
Gross Profit	161,245	185,599
Equity in Earnings of Unconsolidated Joint Venture	2,843	3,804
Corporate General and Administrative Expense	(20,202)	(20,783)
Other Non-Operating Income	746	954
Interest Expense, net	(12,947)	(11,716)
Earnings Before Income Taxes	131,685	157,858
Income Taxes	(29,558)	(34,496)
Net Earnings	$ 102,127	$ 123,362
EARNINGS PER SHARE
Basic	$ 3.3	$ 3.78
Diluted	$ 3.29	$ 3.76
WEIGHTED-AVERAGE SHARES OUTSTANDING
Basic	30,936,307	32,624,075
Diluted	31,088,474	32,808,568
CASH DIVIDENDS PER SHARE	$ 0.25	$ 0.25

Consolidated Statements of Cash Flows (unaudited) - USD ($) $ in Thousands	3 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
CASH FLOWS FROM OPERATING ACTIVITIES
Net Income (Loss)	$ 102,127	$ 123,362
Adjustments to Reconcile Net Earnings to Net Cash Provided by Operating Activities, Net of Effect of Non-Cash Activity:
Depreciation, Depletion, and Amortization	41,199	40,644
Deferred Income Tax Provision	27,011	2,736
Stock Compensation Expense	4,695	4,822
Equity in Earnings of Unconsolidated Joint Venture	(2,843)	(3,804)
Changes in Operating Assets and Liabilities:
Accounts Receivable	(65,245)	(51,066)
Inventories	28,818	21,774
Accounts Payable and Accrued Liabilities	24,058	(5,534)
Other Assets	(6,775)	(27,361)
Income Taxes Receivable	1,333	31,061
Net Cash Provided by Operating Activities	154,378	136,634
CASH FLOWS FROM INVESTING ACTIVITIES
Additions to Property, Plant, and Equipment	(120,755)	(76,097)
Net Cash Used in Investing Activities	(120,755)	(76,097)
CASH FLOWS FROM FINANCING ACTIVITIES
Borrowings Under Revolving Credit Facility	0	100,000
Repayment of Borrowings Under Revolving Credit Facility	0	(25,000)
Repayment of Term Loan	(3,750)	(3,750)
Dividends Paid to Stockholders	(7,964)	(8,254)
Purchase and Retirement of Common Stock	(83,833)	(78,616)
Proceeds from Stock Option Exercises	67	0
Shares Redeemed to Settle Employee Taxes on Stock Compensation	(2,524)	(5,579)
Net Cash Used in Financing Activities	(98,004)	(21,199)
NET INCREASE IN CASH AND CASH EQUIVALENTS	(64,381)	39,338
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD	297,920	20,401
CASH AND CASH EQUIVALENTS AT END OF PERIOD	$ 233,539	$ 59,739

Consolidated Balance Sheets (unaudited) - USD ($) $ in Thousands	Jun. 30, 2026	Mar. 31, 2026
Current Assets
Cash and Cash Equivalents	$ 233,539	$ 297,920
Accounts Receivable, net	293,818	228,573
Inventories	379,573	408,391
Income Tax Receivable	6,309	7,536
Prepaid and Other Assets	16,119	8,469
Total Current Assets	929,358	950,889
Property, Plant, and Equipment, net	2,149,314	2,064,622
Investment in Joint Venture	162,921	160,078
Operating Lease Right-of-Use Assets	31,321	29,346
Goodwill and Intangible Assets, net	582,867	585,443
Other Assets	52,384	51,866
Total Assets	3,908,165	3,842,244
Current Liabilities
Accounts Payable	156,882	138,884
Accrued Liabilities	108,248	102,127
Operating Lease Liabilities	4,684	4,144
Income Taxes Payable	2,787	0
Current Portion of Long-Term Debt	15,000	15,000
Total Current Liabilities	287,601	260,155
Long-Term Debt	1,742,011	1,745,081
Noncurrent Operating Lease Liabilities	33,712	32,559
Other Long-Term Liabilities	68,236	66,959
Deferred Income Taxes	289,673	262,662
Total Liabilities	2,421,233	2,367,416
Stockholders’ Equity
Preferred Stock, Par Value $0.01; Authorized 5,000,000 Shares; None Issued	0	0
Common Stock, Par Value $0.01; Authorized 100,000,000 Shares;Issued and Outstanding 30,804,441 and 31,227,012 Shares, respectively	308	312
Capital in Excess of Par Value	0	0
Accumulated Other Comprehensive Losses	(4,285)	(4,404)
Retained Earnings	1,490,909	1,478,920
Total Stockholders’ Equity	1,486,932	1,474,828
Total Liabilities and Stockholders' Equity	$ 3,908,165	$ 3,842,244