United States Lime & Minerals (USLM) Operating Margin (2010 - 2026)
United States Lime & Minerals (USLM) recorded Operating Margin of 42.10% in Q3 2026, down 3.25 percentage points from 45.35% a year earlier but up 1.08 percentage points from the prior quarter.
United States Lime & Minerals (USLM) Operating Margin (2010 - 2026) Analysis & Trends
On a TTM basis, United States Lime & Minerals' Operating Margin came in at 41.24% as of Sep 30, 2026, down 0.68 percentage points year-over-year; for FY2025, it came in at 42.35%, up 3.03 percentage points from FY2024.
- Annual Operating Margin has increased for three straight years, with a five-year change of +21.28 percentage points (FY2020 to FY2025).
- Across earlier years, Operating Margin came in at 39.32% in FY2024 (+8.95 pp), 30.36% in FY2023 (+7.17 pp), 23.20% in FY2022 (-1.33 pp) and 24.53% in FY2021 (+3.45 pp).
- Quarterly Operating Margin has ranged from 20.88% in Q2 2022 to 45.35% in Q3 2025 over the past five years.
- On a year-over-year basis, Operating Margin rose in five of the last eight quarters, with an average year-over-year change of +2.28 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 10.86 percentage points in Q3 2024, against a drop of 7.26 percentage points in Q2 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 41.01% (Q2 2026), 40.74% (Q1 2026) and 40.95% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rio Tinto | 170.99 Bn | 133.79 Bn | - | - |
| 2 | Southern Copper | 145.92 Bn | 120.65 Bn | 3.10 Bn | 59.94% |
| 3 | Rio Tinto | 140.14 Bn | 100.96 Bn | - | - |
| 4 | Newmont | 131.37 Bn | 96.51 Bn | 4.22 Bn | 16.03% |
| 5 | Agnico Eagle Mines | 100.55 Bn | 87.50 Bn | 2.15 Bn | 56.01% |
| 6 | Ternium | 100.28 Bn | 68.54 Bn | 1.04 Bn | 12.44% |
| 7 | Freeport-Mcmoran | 89.65 Bn | 73.69 Bn | 2.19 Bn | 28.50% |
| 8 | Barrick Mining | 72.40 Bn | 47.60 Bn | 2.90 Bn | 51.63% |
| 9 | Nucor | 57.01 Bn | 46.40 Bn | 2.03 Bn | 15.67% |
| 10 | United States Lime & Minerals | 3.46 Bn | 1.86 Bn | 50.77 Mn | 42.10% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 42.10% |
| Jun 30, 2026 | 41.01% |
| Mar 31, 2026 | 40.74% |
| Dec 31, 2025 | 40.95% |
| Sep 30, 2025 | 45.35% |
| Jun 30, 2025 | 39.00% |
| Mar 31, 2025 | 43.72% |
| Dec 31, 2024 | 38.83% |
| Sep 30, 2024 | 42.65% |
| Jun 30, 2024 | 39.11% |
| Mar 31, 2024 | 35.93% |
| Dec 31, 2023 | 28.88% |
| Sep 30, 2023 | 31.79% |
| Jun 30, 2023 | 30.83% |
| Mar 31, 2023 | 29.71% |
| Dec 31, 2022 | 21.05% |
| Sep 30, 2022 | 28.66% |
| Jun 30, 2022 | 20.88% |
| Mar 31, 2022 | 21.28% |
| Dec 31, 2021 | 20.92% |
United States Lime & Minerals Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=USLM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "USLM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=USLM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();