Eagle Materials Inc. (E5M)

Overview

Eagle Materials Inc. specializes in the manufacture and distribution of heavy construction materials and light building materials across the United States. Operating through its subsidiaries, Eagle Materials Inc. has segmented its operations into four main categories: Cement, Concrete and Aggregates, Gypsum Wallboard, and Recycled Paperboard. The company, originally known as Centex Construction Products, Inc., underwent a name change in January 2004 to better reflect its diversified product range. Founded in 1963, Eagle Materials Inc. has established its headquarters in Dallas, Texas, and continues to play a pivotal role in the construction and building materials industry by contributing to numerous residential, commercial, and public construction projects, including road and highway developments.

Products and Services

• Cement:

Eagle Materials is involved in the mining of limestone to manufacture, produce, distribute, and sell Portland cement. It also engages in the grinding and sale of slag, a byproduct of steel manufacturing, which is used in various construction applications.

• Gypsum Wallboard:

The company mines gypsum used for the manufacture and sale of gypsum wallboards. These wallboards are a crucial component for finishing interior walls and ceilings in residential, commercial, and industrial structures, contributing to the aesthetic and functional aspects of building design.

• Recycled Paperboard:

Eagle Materials manufactures and sells recycled paperboard, primarily servicing the gypsum wallboard industry and other paperboard converters. Furthermore, it produces containerboard and lightweight packaging grades, highlighting its commitment to sustainability and recycling.

• Concrete and Aggregates:

This segment of Eagle Materials involves the sale of ready-mix concrete. Additionally, the company is engaged in the mining, extraction, production, and sale of aggregates. These materials, including crushed stones, sand, and gravel, are foundational to both small-scale residential projects and large-scale commercial and public infrastructure developments, such as roads and highways.