Vulcan Materials Company produces and supplies construction aggregates in the United States. It operates through three segments: Aggregates, Asphalt, and Concrete. The company provides crushed stone, sand and gravel, sand, and other aggregates for use in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities; aggregates that are used as ballast for construction and maintenance of railroad tracks; riprap and jetty stones for use in erosion control along roads and waterways; asphalt mix; asphalt construction paving services; and ready-mixed concrete products. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $7.9B | $2.4B | $1.1B | $1.1B | 12.6% | 7.1% | 18.1% |
| 2024 | $7.4B | $2.0B | $912M | $806M | 11.2% | -4.7% | -2.3% |
| 2023 | $7.8B | $2.0B | $933M | $664M | 12.5% | 6.4% | 62.1% |
| 2022 | $7.3B | $1.5B | $576M | $536M | 8.3% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total Revenue | 7,315.20 | 7,781.90 | 7,417.70 | 7,941.10 |
| Cost Of Revenue | 5,757.50 | 5,833.40 | 5,418.10 | 5,766.50 |
| Gross Profit | 1,557.70 | 1,948.50 | 1,999.60 | 2,174.60 |
| Operating Expense | 549.10 | 569.20 | 600.80 | 607.40 |
| Operating Income | 1,008.60 | 1,379.30 | 1,398.80 | 1,567.20 |
| EBITDA | 1,530.70 | 2,044.30 | 1,980.80 | 2,357.50 |
| EBIT | 957.30 | 1,441.20 | 1,363.30 | 1,629.80 |
| Pretax Income | 788.10 | 1,245.10 | 1,172.10 | 1,390.10 |
| Tax Provision | 193 | 299.40 | 251.40 | 307.50 |
| Net Income | 575.60 | 933.20 | 911.90 | 1,076.70 |
| Net Income Common Stockholders | 575.60 | 933.20 | 911.90 | 1,076.70 |
| Total Expenses | 6,306.60 | 6,402.60 | 6,018.90 | 6,373.90 |
| Interest Expense | 169.20 | 196.10 | 191.20 | 239.70 |
| Interest Income | 0.80 | 16.50 | 20.90 | 13.40 |
| Selling General And Administration | 515.10 | 542.80 | 531.10 | 564.10 |
| Normalized EBITDA | 1,587.90 | 1,996.20 | 2,015.10 | 2,305.10 |
| Normalized Income | 637.39 | 907.44 | 946.44 | 1,040.39 |
| Market Cap | 38,138.61 | 38,138.61 | 38,138.61 | 38,138.61 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Vulcan Materials Companythis co. | VMC | $38.5B | 35.42β premium | 4.47 | 12.6% | 18.17 |
| CRH plc | CRH | $79.4B | 21.14 | 3.28 | 15.5% | 12.16 |
| Ecolab Inc. | ECL | $76.3B | 36.67 | 7.79 | 21.2% | 22.05 |
| Corteva, Inc. | CTVA | $54.6B | 48.97 | 2.22 | 4.5% | 16.81 |
| Nucor Corporation | NUE | $49.6B | 27.98 |
| 2.33 |
| 8.3% |
| 12.72 |
| Martin Marietta Materials, Inc. | MLM | $37.2B | 32.64 | 3.70 | 11.3% | 20.42 |
| Steel Dynamics, Inc. | STLD | $33.5B | 27.71 | 3.67 | 13.2% | 17.17 |
| PPG Industries, Inc. | PPG | $24.9B | 15.59 | 3.09 | 19.8% | 10.77 |
| CF Industries Holdings, Inc. | CF | $19.6B | 12.77 | 3.84 | 30.1% | 6.16 |
| Peer Median | - | 27.85 | 3.48 | 14.4% | 14.77 | |