Eagle Materials Inc. has reported its financial results for the fiscal year 2025 and the fiscal fourth quarter ended March 31, 2025. The company achieved record annual revenue of $2.3 billion, slightly up from the prior year. However, net earnings for the year were $463.4 million, down 3%. Notably, adjusted net earnings per diluted share (adjusted EPS) increased by 2% to $13.94, while adjusted EBITDA was down 2% to $816.7 million.
In the fourth quarter of fiscal 2025, the company reported revenue of $470.2 million, a 1% decrease from the previous year. Net earnings for the quarter were $66.5 million, down 14%, and adjusted EPS decreased by 7% to $2.08. Adjusted EBITDA for the quarter was down 9% to $141.2 million.
Eagle Materials Inc. also highlighted its capital allocation priorities, including investments in growth opportunities, operating capital investments, and returning excess cash to shareholders. Over the past five fiscal years, the company has invested $388 million in acquisitions, $546 million in organic capital expenditures, and $1.8 billion in share repurchases and dividends.
Segment financial results revealed that in the heavy materials sector, which includes cement, concrete, and aggregates, annual revenue decreased by 2% to $1.4 billion, with operating earnings declining by 11% to $310.7 million. The company reported lower sales volume, partially offset by higher cement net sales prices.
In the light materials sector, which includes gypsum wallboard and recycled paperboard, annual revenue increased by 3% to $969.2 million. Operating earnings for this sector were $388.8 million, up 6%, driven by higher gypsum wallboard and recycled paperboard net sales prices, as well as lower operating costs.
Eagle Materials Inc. maintained a disciplined capital allocation process to enhance shareholder value and achieved important milestones in employee health and safety. The company's management remains focused on positioning Eagle for sustained performance through various economic cycles and uncertain times, leveraging its financial strength and flexibility to drive shareholder returns.
The company conducted a conference call to discuss the financial results and forward-looking information. A webcast of the conference call and the presentation will be archived on the Eagle website for one year.
For more information about Eagle Materials Inc., visit eaglematerials.com. Today the company's shares have moved 0.84% to a price of $241.95. For the full picture, make sure to review E's 8-K report.
