US: Eagle Materials reported sales of US$1.27bn in the first half of the 2026 financial year, up by 3% year-on-year from US$1.23bn. Cost of sales rose by 6% from US$842m to US$888m. Comprehensive earnings fell by 6% from US$277m to US$261m.
The second half of the financial year commences with Eagle Materials ‘well positioned’ to captured an anticipated upswing in demand. In its gypsum business, the company noted a ‘favourable longer-term view’ with ‘significant underbuilding.’ Affordability issues continue to depress single-family residential construction. The business’ key markets of Heartland (central northern US) and Sunbelt (trans-southern US) are both set to continue to grow.
