Monarch Cement Sees Year-over-Year Earnings Growth in Q2 Amid Revenue and Margin Challenges

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The Monarch Cement Company (MCEM) reported second-quarter 2025 net sales of $67.8 million, a decline of 6.3% from $72.4 million a year earlier, while net income surged 62.7% year-over-year to $18.7 million, driven by stronger equity investment results. Earnings per share (EPS) increased to $4.99 from $3.14. For the first half of 2025, revenues were $106.5 million, down 13% from $122.4 million, with EPS falling to $5.70 from $7.67 the previous year.

Cement sales rose by $3 million amid a 0.5% volume increase, despite Ready-Mixed Concrete revenues plunging by $7.5 million due to a 31.9% volume decline. The company’s working capital stood at $136.5 million as of June 30, 2025, with a cash balance of $34.2 million. Management plans to invest $40.1 million in property, plant, and equipment during 2025, and a joint venture established in late 2024 is expected to add long-term strategic benefits.

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