The Monarch Cement Company (MCEM) investor relations material

Executive summary

• Net sales for the six months ended June 30, 2026, increased by $12.5 million year-over-year, driven by higher volumes and price increases in both Cement and Ready-Mixed Concrete segments.

• Net income for the six months ended June 30, 2026, was $32.4 million, up from $21.4 million in the prior year period.

• Gross profit margin improved to 36.6% for the first half of 2026, compared to 34.0% in the same period of 2025.

• Effective tax rate decreased to 20.0% from 24.3% year-over-year, benefiting from percentage depletion and dividends received deduction.

Financial highlights

• Consolidated net sales for Q2 2026 were $69.7 million, up $1.9 million from Q2 2025.

• Net income for Q2 2026 was $21.0 million, compared to $18.7 million in Q2 2025.

• Cash, cash equivalents, and restricted cash stood at $37.0 million as of June 30, 2026.

• Working capital increased to $167.2 million at June 30, 2026, from $158.6 million at December 31, 2025.

• Operating cash flow for the first six months of 2026 was $32.6 million, up from $14.9 million in the prior year.

Outlook and guidance

• Planned capital expenditures for 2026 total $35.2 million, primarily for cement production facilities and routine equipment purchases.

• Dividend payments are scheduled quarterly in March, June, September, and December.