Revenue: As of FY2027 Q1, the actual value is USD 650.97 M, beating the estimate of USD 623.23 M.

EPS: As of FY2027 Q1, the actual value is USD 3.29, missing the estimate of USD 3.3843.

EBIT: As of FY2027 Q1, the actual value is USD 144.63 M.

Financial Highlights

Net Earnings for Eagle Materials Inc. were $102.1 million for the first quarter fiscal 2027 ended June 30, 2026, marking a 17% decrease compared to the prior year’s fiscal first quarter. Cash flow from operations increased by 13% to $154 million. Adjusted EBITDA was $190.5 million, an 11% decrease from the prior year. The company repurchased 406,500 shares of common stock for approximately $84 million. Eagle Materials Inc. ended the quarter with debt of $1.8 billion, net debt of $1.5 billion, and a net leverage ratio of 2.1x.

Segment Financial Results

Heavy Materials (Cement, Concrete and Aggregates)

Revenue for Heavy Materials increased 8% to $454.1 million. Operating earnings decreased 11% to $77.6 million.

Cement (Wholly Owned)

Revenue was $336,493 thousand, down from $310,326 thousand in the prior year. Operating earnings were $70,762 thousand, down from $77,280 thousand in the prior year.

Cement (Joint Venture)

Operating earnings were $2,843 thousand, down from $3,804 thousand in the prior year.

Concrete and Aggregates

Revenue increased 3% to $76.2 million. Operating earnings were $4.0 million, a decrease of 35%.

Light Materials (Gypsum Wallboard and Paperboard)

Revenue for Light Materials decreased 5% to $238.2 million. Operating earnings were $86.5 million, a decrease of 15%.

Gypsum Wallboard

Revenue was $204,747 thousand, down from $221,516 thousand in the prior year.

Recycled Paperboard

Revenue was $33,494 thousand, up from $29,132 thousand in the prior year.

Operational Metrics

Cement sales volume increased 8% to a record 2.1 million tons, with wholly owned cement sales volume up 7% to 1,960 M Tons and joint venture cement sales volume up 17% to 185 M Tons. Concrete sales volume decreased 2% to 316 M Cubic Yards. Aggregates sales volume increased 1% to 1,741 M Tons. Gypsum wallboard sales volume decreased 2% to 772 million square feet (MMSF). Recycled paperboard sales volume reached a record 92,000 tons, an increase of 2%.

Average Net Sales Prices

The average net sales price for cement was $154.09 per ton, a 2% decrease. Concrete’s average net sales price was $156.79 per cubic yard, up 4%. Aggregates saw an average net sales price of $14.47 per ton, up 2%. The average net sales price for gypsum wallboard was $209.65 per MSF, down 10%. Recycled paperboard’s average net sales price was $600.44 per ton, a 6% increase.

Other Key Financial Data

Gross profit for the quarter ended June 30, 2026, was $161,245 thousand, down from $185,599 thousand in the prior year. Corporate General and Administrative Expenses were - $20,202 thousand, compared to - $20,783 thousand in the prior year. Earnings before Interest and Income Taxes were $144,632 thousand, down from $169,574 thousand in the prior year. Net interest expense was - $12,947 thousand, compared to - $11,716 thousand in the prior year. Income tax expense was - $29,558 thousand, compared to - $34,496 thousand in the prior year. Cash and cash equivalents were $233,539 thousand as of June 30, 2026, significantly up from $59,739 thousand as of June 30, 2025. Total current assets were $929,358 thousand as of June 30, 2026, compared to $732,365 thousand as of June 30, 2025. Total current liabilities were $287,601 thousand as of June 30, 2026, compared to $268,358 thousand as of June 30, 2025.

Outlook

Eagle Materials Inc. is investing in plant network modernizations at its Laramie, Wyoming Cement and Duke, Oklahoma Gypsum Wallboard plants to enhance long-term reliability and operational performance. The company anticipates recovering a portion of the earnings impact from an unexpected equipment failure at its Mountain Cement facility through insurance coverage. Despite fuel cost pressures, Eagle Materials Inc. expects solid performance due to favorable market positions, a strong balance sheet, and continued disciplined investment.