VMC · Vulcan Materials Co - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.76B | - | $2.29B | $2.10B | $1.63B | - | $2.19B | $2.01B | $1.55B | - |
| Cost of Revenue | $1.33B | - | $1.59B | $1.48B | $1.27B | - | $1.44B | $1.42B | $1.24B | - |
| Gross Profit | $422.70M | - | $697.20M | $625.20M | $365.30M | - | $565.20M | $592.20M | $304.90M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $135.70M | - | $145.30M | $144.50M | $138.30M | - | $129.10M | $134.10M | $129.70M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $170.30M | - | $191.40M | $185.50M | $186.40M | - | $160.70M | $156.80M | $150.90M | - |
| Operating Income | $265.40M | - | $543.20M | $471.00M | $226.40M | - | $337.10M | $453.60M | $172.90M | - |
| Interest Expense | $53.90M | - | $55.30M | $59.20M | $39.10M | - | $38.40M | $40.20M | - | - |
| Income Tax | $45.90M | - | $112.40M | $91.30M | $33.80M | - | $85.20M | $94.40M | $28.90M | - |
| Net Income | $165.50M | - | $374.90M | $320.90M | $128.90M | - | $207.60M | $308.00M | $102.70M | - |
| EPS - Basic | $1.27 | - | $2.84 | $2.43 | $0.97 | - | $1.57 | $2.33 | $0.78 | - |
| EPS - Diluted | $1.26 | - | $2.82 | $2.42 | $0.97 | - | $1.56 | $2.31 | $0.77 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $140.20M | $183.30M | $191.30M | $347.40M | $181.30M | $559.70M | $433.20M | $111.00M | $292.40M | $931.10M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | $695.80M | $680.50M | $687.10M | $725.50M | $721.00M | $681.80M | $647.70M | $650.30M | $647.20M | $615.60M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $2.58B | $2.57B | $2.27B | $2.24B | $1.93B | $2.27B | $2.21B | $1.98B | $1.91B | $2.52B |
| Total Assets | $16.67B | $16.70B | $16.98B | $16.97B | $16.71B | $17.10B | $14.35B | $14.22B | $13.91B | $14.55B |
| Current Liabilities | $997.30M | $956.10M | $1.02B | $1.34B | $796.90M | $1.24B | $774.10M | $796.80M | $696.20M | $797.60M |
| Long-term Debt | $4.36B | $4.36B | $4.36B | $4.36B | $4.91B | $4.91B | $3.33B | $3.33B | $3.33B | $3.88B |
| Total Liabilities | $8.20B | $8.15B | $8.22B | $8.54B | $8.55B | $8.96B | $6.46B | $6.49B | $6.39B | $7.04B |
| Stockholders' Equity | $8.45B | $8.53B | $8.73B | $8.41B | $8.13B | $8.12B | $7.87B | $7.71B | $7.49B | $7.48B |
| Retained Earnings | $5.54B | $5.59B | $5.81B | $5.49B | $5.24B | $5.21B | $4.98B | $4.83B | $4.64B | $4.62B |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $241.10M | - | - | - | $251.50M | - | - | - | $173.40M | - |
| Investing Cash Flow | ($174.90M) | - | - | - | ($126.50M) | - | - | - | ($163.80M) | - |
| Financing Cash Flow | ($111.90M) | - | - | - | ($532.90M) | - | - | - | ($658.70M) | - |
| CapEx | $176.50M | - | - | - | $168.00M | - | - | - | $152.80M | - |
| Free Cash Flow | $64.60M | - | - | - | $83.50M | - | - | - | $20.60M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 24.1% | - | 30.4% | 29.7% | 22.3% | - | 25.9% | 29.4% | 19.7% | - |
| Operating margin | 15.1% | - | 23.7% | 22.4% | 13.9% | - | 15.4% | 22.5% | 11.2% | - |
| EBITDA margin | 24.8% | - | 32.1% | 31.2% | 25.3% | - | 22.8% | 30.3% | 20.9% | - |
| Net margin | 9.4% | - | 16.4% | 15.3% | 7.9% | - | 9.5% | 15.3% | 6.6% | - |
| Free cash flow margin | 3.7% | - | - | - | 5.1% | - | - | - | 1.3% | - |
| FCF / Net income | 0.39 | - | - | - | 0.65 | - | - | - | 0.20 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 7.7% | - | 6.3% | 6.9% | 8.5% | - | 5.9% | 6.7% | 8.4% | - |
| Effective tax rate | 21.7% | - | 23.1% | 22.1% | 20.8% | - | 29.1% | 23.5% | 22.0% | - |
| Return on assets | 1.0% | - | 2.2% | 1.9% | 0.8% | - | 1.4% | 2.2% | 0.7% | - |
| Return on equity | 2.0% | - | 4.3% | 3.8% | 1.6% | - | 2.6% | 4.0% | 1.4% | - |
| Return on invested capital | 1.6% | - | 3.2% | 2.9% | 1.4% | - | 2.1% | 3.1% | 1.2% | - |
| Liquidity | ||||||||||
| Current ratio | 2.59 | 2.69 | 2.23 | 1.67 | 2.42 | 1.83 | 2.86 | 2.48 | 2.74 | 3.17 |
| Quick ratio | 1.89 | 1.97 | 1.56 | 1.13 | 1.51 | 1.28 | 2.02 | 1.66 | 1.81 | 2.39 |
| Cash ratio | 0.14 | 0.19 | 0.19 | 0.26 | 0.23 | 0.45 | 0.56 | 0.14 | 0.42 | 1.17 |
| Leverage | ||||||||||
| Debt / Equity | 0.52 | 0.51 | 0.50 | 0.52 | 0.60 | 0.60 | 0.42 | 0.43 | 0.44 | 0.52 |
| Debt / Assets | 0.26 | 0.26 | 0.26 | 0.26 | 0.29 | 0.29 | 0.23 | 0.23 | 0.24 | 0.27 |
| Debt / EBITDA | 10.01 | - | 5.94 | 6.64 | 11.89 | - | 6.69 | 5.46 | 10.29 | - |
| Interest coverage | 4.9x | - | 9.8x | 8.0x | 5.8x | - | 8.8x | 11.3x | - | - |
| Equity multiplier | 1.97 | 1.96 | 1.94 | 2.02 | 2.05 | 2.11 | 1.82 | 1.85 | 1.86 | 1.94 |
| Liabilities / Assets | 0.49 | 0.49 | 0.48 | 0.50 | 0.51 | 0.52 | 0.45 | 0.46 | 0.46 | 0.48 |
| Efficiency | ||||||||||
| Asset turnover | 0.11 | - | 0.13 | 0.12 | 0.10 | - | 0.15 | 0.14 | 0.11 | - |
| Inventory turnover | 1.92 | - | 2.32 | 2.04 | 1.76 | - | 2.22 | 2.19 | 1.92 | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | 190d | - | 157d | 179d | 207d | - | 164d | 167d | 190d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 216.1x | - | 109.1x | 107.8x | 240.5x | - | 160.5x | 107.7x | 354.4x | - |
| P / B | 4.2x | - | 4.7x | 4.1x | 3.8x | - | 4.2x | 4.3x | 4.8x | - |
| P / S | 20.3x | - | 17.8x | 16.5x | 19.0x | - | 15.2x | 16.4x | 23.5x | - |
| EV / EBITDA | 91.7x | - | 61.3x | 58.9x | 86.6x | - | 72.7x | 59.5x | 121.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 7.4% | - | 4.8% | 4.4% | 5.8% | - | 0.0% | -4.7% | -6.3% | - |
| Revenue CAGR (3y) | 2.1% | - | 3.1% | 2.5% | 2.0% | - | 13.0% | 14.0% | 13.1% | - |
| Revenue CAGR (5y) | 10.4% | - | 11.8% | 9.7% | 9.3% | - | 9.0% | 8.7% | 9.2% | - |
| Gross profit growth (YoY) | 15.7% | - | 23.4% | 5.6% | 19.8% | - | -4.4% | 1.5% | 1.0% | - |
| Operating income growth (YoY) | 17.2% | - | 61.1% | 3.8% | 30.9% | - | -19.5% | 0.6% | -7.6% | - |
| Net income growth (YoY) | 28.4% | - | 80.6% | 4.2% | 25.5% | - | -24.9% | -0.2% | -14.9% | - |
| EPS growth (YoY) | 29.9% | - | 80.8% | 4.8% | 26.0% | - | -24.6% | 0.0% | -14.4% | - |
| EPS CAGR (3y) | 11.9% | - | 28.5% | 20.0% | 12.0% | - | 5.7% | 16.5% | -13.7% | - |
| EPS CAGR (5y) | 1.0% | - | 13.5% | 8.9% | 16.6% | - | -0.8% | 9.3% | 9.9% | - |
| FCF growth (YoY) | -22.6% | - | - | - | 305.3% | - | - | - | -25.6% | - |
| FCF CAGR (5y) | -1.2% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 3.9% | 5.0% | 11.0% | 9.1% | 8.6% | 8.5% | 5.8% | 7.0% | 7.2% | 8.0% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$8.44B totalAggregates$6.30B · 74.6%
Asphalt$1.29B · 15.3%
Concrete$846.60M · 10.0%
Product / service
$6.24B totalRevenue Excluding Freight Delivery$6.93B · 111.1%
Service$313.70M · 5.0%
Cargo And Freight($1.01B) · -16.2%
Geographic
$14.24B totalUS$7.93B · 55.7%
Gulf Coast$3.38B · 23.7%
East$1.92B · 13.5%
West$1.00B · 7.0%
Non Us$14.90M · 0.1%
Peer comparison
Same SIC group: Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Comparing Vulcan Materials CO against the 5 most active filers in the same SIC group.
Dividends
$2.02/share trailing 12 months · +6.3% YoY
| Ex-date | Per share |
|---|---|
| May 22, 2026 | $0.5200 |
| Mar 9, 2026 | $0.5200 |
| Nov 10, 2025 | $0.4900 |
| Aug 14, 2025 | $0.4900 |
| May 23, 2025 | $0.4900 |
| Mar 10, 2025 | $0.4900 |
| Nov 4, 2024 | $0.4600 |
| Aug 15, 2024 | $0.4600 |
| May 23, 2024 | $0.4600 |
| Mar 1, 2024 | $0.4600 |
| Nov 10, 2023 | $0.4300 |
| Aug 16, 2023 | $0.4300 |
| May 25, 2023 | $0.4300 |
| Mar 3, 2023 | $0.4300 |
| Nov 14, 2022 | $0.4000 |
| Aug 16, 2022 | $0.4000 |
| May 26, 2022 | $0.4000 |
| Feb 28, 2022 | $0.4000 |
| Nov 15, 2021 | $0.3700 |
| Aug 17, 2021 | $0.3700 |
| May 27, 2021 | $0.3700 |
| Feb 26, 2021 | $0.3700 |
| Nov 16, 2020 | $0.3400 |
| Aug 18, 2020 | $0.3400 |