Eagle Materials Inc. Files Q1 2024 10-Q
Ticker: EXP · Form: 10-Q · Filed: 2024-07-30T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, earnings, financials, segments
TL;DR
Eagle Materials Q1 2025 10-Q is in. Check segment performance for Gypsum Wallboard & Concrete.
AI Summary
Eagle Materials Inc. reported its first quarter results for the period ending June 30, 2024. The company's filing indicates financial activities and segment reporting, including details on its Gypsum Wallboard and Concrete & Aggregates segments for both the current and prior year periods. Specific financial figures and segment performance data are detailed within the report.
Why It Matters
This 10-Q filing provides investors with an update on Eagle Materials' financial performance and operational segments for the first quarter of fiscal year 2025, offering insights into the company's current business health.
Risk Assessment
Risk Level: low — This is a routine quarterly filing providing financial updates and does not contain significant new risks.
Key Numbers
- Q1 2025 — Fiscal Quarter (Reporting period ending June 30, 2024)
- 2023-04-01 to 2023-06-30 — Prior Year Period (Comparison period for segment reporting)
- 2024-04-01 to 2024-06-30 — Current Year Period (Reporting period for segment reporting)
Key Players & Entities
- EAGLE MATERIALS INC (company) — Filer
- 20240630 (date) — Conformed Period of Report
- 20240730 (date) — Filed as of Date
- DALLAS (location) — Business Address City
- 214-432-2000 (phone_number) — Business Phone
- Gypsum Wallboard (business_segment) — Operating Segment
- Concrete & Aggregates (business_segment) — Operating Segment
FAQ
What were the reporting periods covered by this 10-Q filing?
This 10-Q filing covers the period ending June 30, 2024, with comparative data for the period ending June 30, 2023.
What are the main business segments of Eagle Materials Inc. mentioned in the filing?
The main business segments mentioned are Gypsum Wallboard and Concrete & Aggregates.
What is the company's primary business classification?
The company is classified under CEMENT, HYDRAULIC [3241].
Where is Eagle Materials Inc. headquartered?
Eagle Materials Inc. is headquartered in Dallas, Texas.
When was the company formerly known as Centex Construction Products Inc.?
The company changed its name from Centex Construction Products Inc. on February 4, 1994.
From the Filing
0000950170-24-087945.txt : 20240730 0000950170-24-087945.hdr.sgml : 20240730 20240730165146 ACCESSION NUMBER: 0000950170-24-087945 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 86 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240730 DATE AS OF CHANGE: 20240730 FILER: COMPANY DATA: COMPANY CONFORMED NAME: EAGLE MATERIALS INC CENTRAL INDEX KEY: 0000918646 STANDARD INDUSTRIAL CLASSIFICATION: CEMENT, HYDRAULIC [3241] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 752520779 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-12984 FILM NUMBER: 241158326 BUSINESS ADDRESS: STREET 1: 5960 BERKSHIRE LANE STREET 2: SUITE 900 CITY: DALLAS STATE: TX ZIP: 75225 BUSINESS PHONE: 214-432-2000 MAIL ADDRESS: STREET 1: 5960 BERKSHIRE LANE STREET 2: SUITE 900 CITY: DALLAS STATE: TX ZIP: 75225 FORMER COMPANY: FORMER CONFORMED NAME: CENTEX CONSTRUCTION PRODUCTS INC DATE OF NAME CHANGE: 19940204 10-Q 1 exp-20240630.htm 10-Q 10-Q 0000918646 2024 false Q1 false true --03-31 2024 P2Y 0.50 0000918646 exp:RestrictedStockUnitsAndRestrictedStockMember 2024-03-31 0000918646 us-gaap:IntersegmentEliminationMember exp:ConcreteAndAggregatesMember 2024-04-01 2024-06-30 0000918646 exp:GypsumWallboardMember us-gaap:OperatingSegmentsMember 2023-04-01 2023-06-30 0000918646 exp:LongTermCompensationPlanMember exp:PerformanceVestingStockOptionsMember 2024-04-01 2024-06-30 0000918646 exp:RangeOneMember 2024-04-01 2024-06-30 0000918646 us-gaap:IntersegmentEliminationMember exp:RecycledPaperboardMember 2023-04-01 2023-06-30 0000918646 us-gaap:RetainedEarningsMember 2024-04-01 2024-06-30 0000918646 exp:MaturityPeriodTwoThousandTwentyOneMember 2021-06-29 2021-07-02 0000918646 us-gaap:ShareBasedCompensationAwardTrancheOneMember 2024-04-01 2024-06-30 0000918646 exp:TwoPointFiveZeroZeroPercentageSeniorUnsecuredNotesDueTwoThousandThirtyOneMember 2024-04-01 2024-06-30 0000918646 us-gaap:OperatingSegmentsMember 2024-04-01 2024-06-30 0000918646 exp:TwoPointFiveZeroZeroPercentageSeniorUnsecuredNotesDueTwoThousandThirtyOneMember exp:DebtInstrumentRedemptionPeriodOnOrAfterAprilOneTwoThousandThirtyOneMember 2021-07-01 0000918646 us-gaap:ShareBasedCompensationAwardTrancheThreeMember 2024-04-01 2024-06-30 0000918646 exp:NewYorkFederalReserveBankMember srt:MaximumMember 2021-06-29 2021-07-02 0000918646 exp:RangeTwoMember 2024-04-01 2024-06-30 0000918646 srt:MaximumMember us-gaap:LineOfCreditMember 2021-06-29 2021-07-02 0000918646 us-gaap:RevolvingCreditFacilityMember exp:SwinglineLoanMember 2021-07-01 0000918646 us-gaap:AdditionalPaidInCapitalMember 2023-04-01 2023-06-30 0000918646 exp:CementMember us-gaap:OperatingSegmentsMember 2024-03-31 0000918646 us-gaap:OperatingSegmentsMember 2023-04-01 2023-06-30 0000918646 exp:LongTermCompensationPlanMember srt:MinimumMember exp:PerformanceVestingStockOptionsMember 2024-05-01 2024-05-31 0000918646 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-04-01 2023-06-30 0000918646 2023-03-31 0000918646 exp:RawMaterialsAndMaterialInProgressMember 2024-06-30 0000918646 us-gaap:CorporateJointVentureMember us-gaap:EquityMethodInvestmentNonconsolidatedInvesteeOrGroupOfInvesteesMember 2024-03-31 0000918646 exp:FinishedCementMember 2024-03-31 0000918646 exp:LongTermCompensationPlanMember exp:FiscalTwoThousandTwentyFiveTimeVestingStockOptionsMember 2024-06-30 0000918646 2023-04-01 2023-06-30 0000918646 exp:ConcreteAndAggregatesMember 2024-03-31 0000918646 exp:TermLoanMember 2022-05-05 0000918646 2024-03-31 0000918646 2024-07-26 0000918646 us-gaap:CommonStockMember 2024-06-30 0000918646 us-gaap:RevolvingCreditFacilityMember srt:MinimumMember 2021-07-01 0000918646 us-gaap:OperatingSegmentsMember exp:RecycledPaperboardMember 2023-06-30 0000918646 us-gaap:LetterOfCreditMember 2021-07-01 0000918646 exp:TwoPointFiveZeroZeroPercentageSeniorUnsecuredNotesDueTwoThousandThirtyOneMember 2024-03-31 0000918646 us-gaap:CommonStockMember 2023-06-30 0000918646 exp:FiscalTwoThousandTwe