Eagle Materials Inc.

Eagle Materials Inc.

Eagle Materials Inc. (NYSE: EXP) is a publicly traded U.S. manufacturer of heavy construction products and light building materials. The company is headquartered in Dallas, Texas, and operates through a network of more than seventy facilities spanning twenty-one states. Its primary products are Portland cement and gypsum wallboard, both essential for building, expanding, and repairing roads and highways and for constructing and renovating residential, commercial, and industrial structures. The firm's strategy focuses on a low-cost producer position, production flexibility, and substantial owned raw material reserves. Its asset-class mix includes cement plants, slag cement facilities (one operated as a 50/50 joint venture with Heidelberg Materials), gypsum wallboard plants, a recycled paperboard mill, and aggregates and concrete locations. Eagle sells its products across the United States, targeting public infrastructure, commercial construction, and residential construction markets. Confirmed operating segments include Cement, Gypsum Wallboard & Recycled Paperboard, and Aggregates & Concrete. Eagle Materials does not disclose total AUM, deployment, or number of professionals publicly. As a publicly traded operating company rather than a family office or asset manager, its scale is measured by its portfolio of physical plants and facilities. The company last reported earnings in April 2025 (per its investor relations page). No additional offices outside the Dallas headquarters are listed. Eagle Materials is structured as a publicly traded corporation (NYSE: EXP), not as a family office or investment vehicle. Its differentiator is its vertically integrated, low-cost production model: the company owns raw material reserves and operates facilities strategically located near demand centers, giving it a structural cost advantage over competitors. Governance follows public company standards with an elected board and SEC reporting obligations.