vs

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

UNITED STATES LIME & MINERALS INC is the larger business by last-quarter revenue ($87.9M vs $45.6M, roughly 1.9× Reservoir Media, Inc.). UNITED STATES LIME & MINERALS INC runs the higher net margin — 34.7% vs 4.8%, a 29.9% gap on every dollar of revenue. On growth, UNITED STATES LIME & MINERALS INC posted the faster year-over-year revenue change (9.8% vs 7.7%). UNITED STATES LIME & MINERALS INC produced more free cash flow last quarter ($25.7M vs $12.8M). Over the past eight quarters, UNITED STATES LIME & MINERALS INC's revenue compounded faster (10.8% CAGR vs 7.9%).

Reservoir Media, Inc. is a leading global independent music rights management company. It owns and administers extensive catalogs of recorded music, music publishing copyrights, and neighboring rights, partnering with top songwriters, performing artists, and producers across genres including pop, hip-hop, rock, and film soundtracks. It licenses its content for use across streaming platforms, advertising, film and television productions, live events, and other commercial channels, with operations spanning North America, Europe, and Asia Pacific markets.

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.

RSVR vs USLM — Head-to-Head

Bigger by revenue
USLM
USLM
1.9× larger
USLM
$87.9M
$45.6M
RSVR
Growing faster (revenue YoY)
USLM
USLM
+2.1% gap
USLM
9.8%
7.7%
RSVR
Higher net margin
USLM
USLM
29.9% more per $
USLM
34.7%
4.8%
RSVR
More free cash flow
USLM
USLM
$12.9M more FCF
USLM
$25.7M
$12.8M
RSVR
Faster 2-yr revenue CAGR
USLM
USLM
Annualised
USLM
10.8%
7.9%
RSVR

Income Statement — Q3 FY2026 vs Q4 FY2025

Metric
RSVR
RSVR
USLM
USLM
Revenue
$45.6M
$87.9M
Net Profit
$2.2M
$30.5M
Gross Margin
64.5%
48.0%
Operating Margin
22.7%
41.0%
Net Margin
4.8%
34.7%
Revenue YoY
7.7%
9.8%
Net Profit YoY
-58.1%
13.2%
EPS (diluted)
$0.03
$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
RSVR
RSVR
USLM
USLM
Q4 25
$45.6M
$87.9M
Q3 25
$45.4M
$102.0M
Q2 25
$37.2M
$91.5M
Q1 25
$41.4M
$91.3M
Q4 24
$42.3M
$80.1M
Q3 24
$40.7M
$89.4M
Q2 24
$34.3M
$76.5M
Q1 24
$39.1M
$71.7M
Net Profit
RSVR
RSVR
USLM
USLM
Q4 25
$2.2M
$30.5M
Q3 25
$2.3M
$38.8M
Q2 25
$-555.7K
$30.8M
Q1 25
$2.7M
$34.1M
Q4 24
$5.2M
$27.0M
Q3 24
$185.0K
$33.4M
Q2 24
$-346.7K
$26.1M
Q1 24
$2.8M
$22.4M
Gross Margin
RSVR
RSVR
USLM
USLM
Q4 25
64.5%
48.0%
Q3 25
63.6%
51.2%
Q2 25
64.5%
45.8%
Q1 25
65.6%
50.6%
Q4 24
64.4%
44.3%
Q3 24
63.5%
48.2%
Q2 24
61.3%
45.5%
Q1 24
63.4%
42.7%
Operating Margin
RSVR
RSVR
USLM
USLM
Q4 25
22.7%
41.0%
Q3 25
23.5%
45.3%
Q2 25
14.7%
39.0%
Q1 25
25.2%
43.7%
Q4 24
22.6%
38.8%
Q3 24
24.9%
42.6%
Q2 24
14.5%
39.1%
Q1 24
22.4%
35.9%
Net Margin
RSVR
RSVR
USLM
USLM
Q4 25
4.8%
34.7%
Q3 25
5.0%
38.0%
Q2 25
-1.5%
33.7%
Q1 25
6.4%
37.4%
Q4 24
12.4%
33.7%
Q3 24
0.5%
37.3%
Q2 24
-1.0%
34.0%
Q1 24
7.1%
31.3%
EPS (diluted)
RSVR
RSVR
USLM
USLM
Q4 25
$0.03
$1.06
Q3 25
$0.03
$1.35
Q2 25
$-0.01
$1.07
Q1 25
$1.19
Q4 24
$0.08
$-2.20
Q3 24
$1.16
Q2 24
$-0.01
$0.91
Q1 24
$3.92

Balance Sheet & Financial Strength

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

Metric
RSVR
RSVR
USLM
USLM
Cash + ST InvestmentsLiquidity on hand
$20.6M
$371.1M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$373.6M
$630.8M
Total Assets
$941.9M
$681.0M
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
RSVR
RSVR
USLM
USLM
Q4 25
$20.6M
$371.1M
Q3 25
$27.9M
$349.5M
Q2 25
$14.9M
$319.9M
Q1 25
$21.4M
$300.6M
Q4 24
$17.8M
$278.0M
Q3 24
$21.1M
$255.0M
Q2 24
$16.4M
$222.5M
Q1 24
$18.1M
$207.0M
Total Debt
RSVR
RSVR
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
RSVR
RSVR
USLM
USLM
Q4 25
$373.6M
$630.8M
Q3 25
$370.9M
$602.3M
Q2 25
$368.9M
$563.3M
Q1 25
$364.9M
$532.2M
Q4 24
$359.5M
$497.7M
Q3 24
$357.9M
$474.2M
Q2 24
$353.0M
$441.1M
Q1 24
$353.0M
$415.3M
Total Assets
RSVR
RSVR
USLM
USLM
Q4 25
$941.9M
$681.0M
Q3 25
$903.5M
$652.8M
Q2 25
$857.0M
$607.4M
Q1 25
$865.1M
$585.3M
Q4 24
$832.4M
$543.2M
Q3 24
$778.2M
$521.8M
Q2 24
$768.2M
$484.2M
Q1 24
$783.5M
$464.0M
Debt / Equity
RSVR
RSVR
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
RSVR
RSVR
USLM
USLM
Operating Cash FlowLast quarter
$12.9M
$45.6M
Free Cash FlowOCF − Capex
$12.8M
$25.7M
FCF MarginFCF / Revenue
28.1%
29.2%
Capex IntensityCapex / Revenue
0.3%
22.6%
Cash ConversionOCF / Net Profit
5.89×
1.49×
TTM Free Cash FlowTrailing 4 quarters
$50.1M
$102.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
RSVR
RSVR
USLM
USLM
Q4 25
$12.9M
$45.6M
Q3 25
$19.3M
$45.9M
Q2 25
$6.0M
$34.0M
Q1 25
$12.2M
$39.4M
Q4 24
$11.2M
$38.6M
Q3 24
$13.3M
$39.0M
Q2 24
$8.6M
$21.2M
Q1 24
$13.8M
$27.2M
Free Cash Flow
RSVR
RSVR
USLM
USLM
Q4 25
$12.8M
$25.7M
Q3 25
$19.2M
$31.3M
Q2 25
$6.0M
$20.8M
Q1 25
$12.2M
$24.6M
Q4 24
$11.2M
$27.6M
Q3 24
$13.3M
$33.9M
Q2 24
$8.5M
$16.8M
Q1 24
$13.8M
$20.3M
FCF Margin
RSVR
RSVR
USLM
USLM
Q4 25
28.1%
29.2%
Q3 25
42.2%
30.7%
Q2 25
16.1%
22.7%
Q1 25
29.3%
26.9%
Q4 24
26.5%
34.4%
Q3 24
32.7%
37.9%
Q2 24
24.9%
21.9%
Q1 24
35.2%
28.4%
Capex Intensity
RSVR
RSVR
USLM
USLM
Q4 25
0.3%
22.6%
Q3 25
0.3%
14.4%
Q2 25
0.1%
14.5%
Q1 25
0.1%
16.3%
Q4 24
0.0%
13.8%
Q3 24
0.1%
5.8%
Q2 24
0.1%
5.7%
Q1 24
0.0%
9.5%
Cash Conversion
RSVR
RSVR
USLM
USLM
Q4 25
5.89×
1.49×
Q3 25
8.54×
1.18×
Q2 25
1.10×
Q1 25
4.56×
1.16×
Q4 24
2.14×
1.43×
Q3 24
71.97×
1.17×
Q2 24
0.81×
Q1 24
4.93×
1.21×

Financial Flow Comparison

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

Revenue Breakdown by Segment

RSVR
RSVR

Other$18.9M42%
Recorded Music Segment$12.9M28%
Performance$6.2M14%
Synchronization$4.6M10%
Physical$1.9M4%
Neighboring Rights$1.1M3%

USLM
USLM

Segment breakdown not available.

Related Comparisons