The Monarch Cement Company (MCEM) Q1 2026 earnings summary

Executive summary

• Net sales for Q1 2026 rose to $49.4 million, up $10.7 million year-over-year, driven by higher volumes in both Cement and Ready-Mixed Concrete segments.

• Net income for Q1 2026 was $11.3 million, a significant increase from $2.7 million in Q1 2025.

• Gross profit margin improved to 36.6% from 30.2% year-over-year, with both business segments showing margin expansion.

Financial highlights

• Working capital increased to $161.7 million from $158.6 million sequentially, with current assets at $181.1 million.

• Cash and equivalents at quarter-end were $33.0 million, down from $50.7 million a year ago.

• Operating cash flow increased by $11.1 million year-over-year, mainly due to a $13.3 million rise in unrealized holding gains on equity investments.

• Capital expenditures for Q1 2026 totaled $11.1 million, with a full-year plan of $35.2 million.

• Basic EPS for Q1 2026 was $3.03, up from $0.72 in Q1 2025.

Outlook and guidance

• The company plans to invest $35.2 million in property, plant, and equipment in 2026.

• Dividends are paid quarterly in March, June, September, and December.