Earnings Releases·Nov 4, 2026, 6:45 AM ET

Eagle Materials — Second Quarter Fiscal 2027 Earnings Summary

Revenue reached a record $652.7 million, up from $638.9 million year-over-year, while net earnings declined to $111.5 million from $137.4 million and diluted EPS fell to $3.63 from $4.23.
Adjusted EBITDA decreased to $202.7 million from $233.3 million, driven by a 26% increase in corporate G&A expenses and higher operating costs across Heavy and Light Materials segments.
The company repurchased $62 million of common stock in the quarter, bringing total H1 buybacks to $146.0 million, and ended with cash reserves of $241.2 million against a net leverage ratio of 2.1x.
Management highlighted ongoing facility modernization at Mountain Cement and Duke, Oklahoma, to enhance capacity and efficiency, while noting that elevated interest rates and diesel prices continue to pressure residential construction and transportation costs.