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Side-by-side financial comparison of COHEN & STEERS, INC. (CNS) and UNITED STATES LIME & MINERALS INC (USLM). Click either name above to swap in a different company.

COHEN & STEERS, INC. is the larger business by last-quarter revenue ($143.8M vs $87.9M, roughly 1.6× UNITED STATES LIME & MINERALS INC). UNITED STATES LIME & MINERALS INC runs the higher net margin — 34.7% vs 24.3%, a 10.5% gap on every dollar of revenue. On growth, UNITED STATES LIME & MINERALS INC posted the faster year-over-year revenue change (9.8% vs 2.9%). UNITED STATES LIME & MINERALS INC produced more free cash flow last quarter ($25.7M vs $-126.4M). Over the past eight quarters, UNITED STATES LIME & MINERALS INC's revenue compounded faster (10.8% CAGR vs 8.3%).

Cohen & Steers is an American investment management company. It focuses on investments in real estate securities via real estate investment trusts (REIT) and alternative income via preferred securities.

United States Lime & Minerals Inc is a leading US-based natural resources enterprise that produces high-calcium lime, dolomitic lime, limestone and related mineral products. Its core client segments cover infrastructure construction, steel manufacturing, agricultural soil amendment, environmental emission control and industrial processing, serving customers across North America.

CNS vs USLM — Head-to-Head

Bigger by revenue
CNS
CNS
1.6× larger
CNS
$143.8M
$87.9M
USLM
Growing faster (revenue YoY)
USLM
USLM
+7.0% gap
USLM
9.8%
2.9%
CNS
Higher net margin
USLM
USLM
10.5% more per $
USLM
34.7%
24.3%
CNS
More free cash flow
USLM
USLM
$152.1M more FCF
USLM
$25.7M
$-126.4M
CNS
Faster 2-yr revenue CAGR
USLM
USLM
Annualised
USLM
10.8%
8.3%
CNS

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CNS
CNS
USLM
USLM
Revenue
$143.8M
$87.9M
Net Profit
$34.9M
$30.5M
Gross Margin
48.0%
Operating Margin
28.0%
41.0%
Net Margin
24.3%
34.7%
Revenue YoY
2.9%
9.8%
Net Profit YoY
-23.9%
13.2%
EPS (diluted)
$0.67
$1.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
CNS
CNS
USLM
USLM
Q4 25
$143.8M
$87.9M
Q3 25
$141.7M
$102.0M
Q2 25
$136.1M
$91.5M
Q1 25
$134.5M
$91.3M
Q4 24
$139.8M
$80.1M
Q3 24
$133.2M
$89.4M
Q2 24
$121.7M
$76.5M
Q1 24
$122.7M
$71.7M
Net Profit
CNS
CNS
USLM
USLM
Q4 25
$34.9M
$30.5M
Q3 25
$41.7M
$38.8M
Q2 25
$36.8M
$30.8M
Q1 25
$39.8M
$34.1M
Q4 24
$45.8M
$27.0M
Q3 24
$39.7M
$33.4M
Q2 24
$31.8M
$26.1M
Q1 24
$34.0M
$22.4M
Gross Margin
CNS
CNS
USLM
USLM
Q4 25
48.0%
Q3 25
51.2%
Q2 25
45.8%
Q1 25
50.6%
Q4 24
44.3%
Q3 24
48.2%
Q2 24
45.5%
Q1 24
42.7%
Operating Margin
CNS
CNS
USLM
USLM
Q4 25
28.0%
41.0%
Q3 25
34.5%
45.3%
Q2 25
31.8%
39.0%
Q1 25
33.6%
43.7%
Q4 24
35.3%
38.8%
Q3 24
33.7%
42.6%
Q2 24
31.5%
39.1%
Q1 24
32.8%
35.9%
Net Margin
CNS
CNS
USLM
USLM
Q4 25
24.3%
34.7%
Q3 25
29.4%
38.0%
Q2 25
27.1%
33.7%
Q1 25
29.6%
37.4%
Q4 24
32.8%
33.7%
Q3 24
29.8%
37.3%
Q2 24
26.1%
34.0%
Q1 24
27.7%
31.3%
EPS (diluted)
CNS
CNS
USLM
USLM
Q4 25
$0.67
$1.06
Q3 25
$0.81
$1.35
Q2 25
$0.72
$1.07
Q1 25
$0.77
$1.19
Q4 24
$0.89
$-2.20
Q3 24
$0.77
$1.16
Q2 24
$0.63
$0.91
Q1 24
$0.68
$3.92

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
CNS
CNS
USLM
USLM
Cash + ST InvestmentsLiquidity on hand
$145.5M
$371.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$562.0M
$630.8M
Total Assets
$876.7M
$681.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CNS
CNS
USLM
USLM
Q4 25
$145.5M
$371.1M
Q3 25
$98.1M
$349.5M
Q2 25
$95.4M
$319.9M
Q1 25
$65.2M
$300.6M
Q4 24
$183.0M
$278.0M
Q3 24
$106.5M
$255.0M
Q2 24
$122.0M
$222.5M
Q1 24
$99.5M
$207.0M
Total Debt
CNS
CNS
USLM
USLM
Q4 25
$0
Q3 25
$0
Q2 25
$0
Q1 25
$0
Q4 24
$0
Q3 24
$0
Q2 24
$0
Q1 24
$0
Stockholders' Equity
CNS
CNS
USLM
USLM
Q4 25
$562.0M
$630.8M
Q3 25
$550.3M
$602.3M
Q2 25
$528.5M
$563.3M
Q1 25
$507.7M
$532.2M
Q4 24
$511.7M
$497.7M
Q3 24
$491.0M
$474.2M
Q2 24
$463.2M
$441.1M
Q1 24
$378.9M
$415.3M
Total Assets
CNS
CNS
USLM
USLM
Q4 25
$876.7M
$681.0M
Q3 25
$801.6M
$652.8M
Q2 25
$751.0M
$607.4M
Q1 25
$834.9M
$585.3M
Q4 24
$812.4M
$543.2M
Q3 24
$727.8M
$521.8M
Q2 24
$784.1M
$484.2M
Q1 24
$680.7M
$464.0M
Debt / Equity
CNS
CNS
USLM
USLM
Q4 25
0.00×
Q3 25
0.00×
Q2 25
0.00×
Q1 25
0.00×
Q4 24
0.00×
Q3 24
0.00×
Q2 24
0.00×
Q1 24
0.00×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
CNS
CNS
USLM
USLM
Operating Cash FlowLast quarter
$-120.4M
$45.6M
Free Cash FlowOCF − Capex
$-126.4M
$25.7M
FCF MarginFCF / Revenue
-87.9%
29.2%
Capex IntensityCapex / Revenue
4.2%
22.6%
Cash ConversionOCF / Net Profit
-3.45×
1.49×
TTM Free Cash FlowTrailing 4 quarters
$-253.6M
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CNS
CNS
USLM
USLM
Q4 25
$-120.4M
$45.6M
Q3 25
$55.1M
$45.9M
Q2 25
$-67.6M
$34.0M
Q1 25
$-108.9M
$39.4M
Q4 24
$96.7M
$38.6M
Q3 24
$25.6M
$39.0M
Q2 24
$31.4M
$21.2M
Q1 24
$4.9M
$27.2M
Free Cash Flow
CNS
CNS
USLM
USLM
Q4 25
$-126.4M
$25.7M
Q3 25
$52.6M
$31.3M
Q2 25
$-69.8M
$20.8M
Q1 25
$-110.0M
$24.6M
Q4 24
$85.0M
$27.6M
Q3 24
$24.2M
$33.9M
Q2 24
$27.1M
$16.8M
Q1 24
$537.0K
$20.3M
FCF Margin
CNS
CNS
USLM
USLM
Q4 25
-87.9%
29.2%
Q3 25
37.1%
30.7%
Q2 25
-51.3%
22.7%
Q1 25
-81.8%
26.9%
Q4 24
60.8%
34.4%
Q3 24
18.2%
37.9%
Q2 24
22.3%
21.9%
Q1 24
0.4%
28.4%
Capex Intensity
CNS
CNS
USLM
USLM
Q4 25
4.2%
22.6%
Q3 25
1.8%
14.4%
Q2 25
1.6%
14.5%
Q1 25
0.8%
16.3%
Q4 24
8.3%
13.8%
Q3 24
1.1%
5.8%
Q2 24
3.5%
5.7%
Q1 24
3.5%
9.5%
Cash Conversion
CNS
CNS
USLM
USLM
Q4 25
-3.45×
1.49×
Q3 25
1.32×
1.18×
Q2 25
-1.84×
1.10×
Q1 25
-2.74×
1.16×
Q4 24
2.11×
1.43×
Q3 24
0.65×
1.17×
Q2 24
0.99×
0.81×
Q1 24
0.14×
1.21×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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