Eagle Materials Inc (EXP)

Financial leverage ratio

		Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020
Total assets	US$ in thousands	3,264,590	3,043,670	3,121,800	3,042,870	2,982,530	2,890,340	2,917,090	2,916,250	2,781,000	2,730,170	2,809,150	2,770,860	2,579,650	2,560,120	2,619,830	2,890,830	2,838,680	2,725,040	2,871,280	3,015,160
Total stockholders’ equity	US$ in thousands	1,456,700	1,496,140	1,431,650	1,350,800	1,308,540	1,333,160	1,306,630	1,238,410	1,185,690	1,165,510	1,156,700	1,123,780	1,133,560	1,222,250	1,307,310	1,391,330	1,358,990	1,261,180	1,168,030	1,067,960
Financial leverage ratio		2.24	2.03	2.18	2.25	2.28	2.17	2.23	2.35	2.35	2.34	2.43	2.47	2.28	2.09	2.00	2.08	2.09	2.16	2.46	2.82

March 31, 2025 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $3,264,590K ÷ $1,456,700K
= 2.24

Eagle Materials Inc's financial leverage ratio has shown fluctuations over the given period. The financial leverage ratio started at 2.82 on June 30, 2020, and gradually decreased to 2.00 on September 30, 2021. Subsequently, the ratio slightly increased to 2.09 by December 31, 2021, and then fluctuated within a range between 2.00 and 2.47 until September 30, 2022.

From that point forward, the financial leverage ratio exhibited a decreasing trend, reaching a low of 2.03 on December 31, 2024, before slightly increasing to 2.24 by March 31, 2025. Overall, Eagle Materials Inc's financial leverage ratio demonstrates a mix of stability and volatility during the period under review, with some fluctuations notable in its financial leverage position. Monitoring this ratio is crucial for assessing the company's debt levels relative to its equity and understanding its capital structure dynamics.