Vulcan Materials CO VMC

Basic materials SIC 1400 - Mining & Quarrying of Nonmetallic Minerals (No Fuels) NAICS Mining, Quarrying, and Oil and Gas Extraction › Mining (except Oil and Gas) › Nonmetallic Mineral Mining and Quarrying derived NYSE

Vulcan Materials Company operates primarily in the U.S. and is the nation's largest supplier of construction aggregates (mainly crushed stone, sand and gravel) and a major producer of aggregates-intensive downstream products such as asphalt mix and ready-mixed concrete. Delivered by trucks, ships, barges and trains, we provide the materials needed for the infrastructure that maintains and expands the U.S. economy. Our products are essential for building homes, offices, data centers, places of worship, schools, hospitals and factories, as well as vital infrastructure including highways, bridges, roads, ports and harbors, water systems, campuses, dams, airports and rail networks. During the year ended December 31, 2025, we had 425 active aggregates facilities as shown below.

Last close 261.69 2026-10-23
Market cap $33.96B 2026-03-31 share count
52-week range 237.03 - 331.09

Valuation FY2025 figures against the last close

P/S4.3x
P/E32.3x
P/FCF29.9x
EV/EBITDA16.1x
Dividend yield0.8%
Diluted EPS8.11

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $7.94B$7.42B$7.78B$7.32B$5.55B$4.86B$4.93B$4.38B$3.89B$3.59B
Cost of revenue $5.77B$5.42B$5.83B$5.76B$4.18B$3.58B$3.67B$3.28B$2.90B$2.60B
Gross profit $2.17B$2.00B$1.95B$1.56B$1.37B$1.28B$1.26B$1.10B$993.5M$988.9M
SG&A $564.1M$531.1M$542.8M$515.1M$417.6M$359.8M$370.5M$333.4M$325.0M$316.8M
Operating income $1.62B$1.36B$1.43B$951.4M$1.01B$895.7M$877.5M$747.7M$639.0M$665.9M
Interest expense $239.7M$191.2M$196.1M$169.2M$149.3M$136.0M$130.2M$138.0M$295.5M$134.1M
Pre-tax income $1.39B$1.17B$1.25B$788.1M$873.8M$743.8M$757.7M$623.3M$361.3M$547.3M
Income tax $307.5M$251.4M$299.4M$193.0M$200.1M$155.8M$135.2M$105.4M$232.1M$124.9M
Net income $1.08B$911.9M$933.2M$575.6M$670.8M$584.5M$617.7M$515.8M$601.2M$419.5M
EPS, basic 8.166.897.024.335.054.414.673.904.543.15
EPS, diluted 8.116.856.984.315.024.394.633.854.463.09
Shares, diluted (wtd. avg.) 132.7M133.1M133.7M133.6M133.5M133.2M133.4M133.9M134.9M135.8M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $183.3M$559.7M$949.2M$161.5M$241.5M$1.20B$274.5M$44.4M$146.6M$268.0M
Receivables ———$845.6M$783.2M$512.9M$532.0M$512.3M$434.1M$398.5M
Inventory $680.5M$681.8M$615.6M$579.3M$521.3M$448.6M$458.3M$429.3M$384.3M$345.6M
Total current assets $2.57B$2.27B$2.52B$1.90B$1.70B$2.28B$1.38B$1.08B$1.18B$1.14B
Property, plant and equipment ——$6.22B$6.05B$5.55B$4.43B$4.32B$4.24B$3.92B$3.26B
Goodwill $3.78B$3.79B$3.53B$3.69B$3.70B$3.17B$3.17B$3.17B$3.12B$3.09B
Other intangibles $1.49B$1.88B$1.46B$1.70B$1.75B$1.12B$1.09B$1.10B$1.06B$769.1M
Total assets $16.70B$17.10B$14.55B$14.23B$13.68B$11.69B$10.65B$9.83B$9.50B$8.47B
Short-term debt $400.0K$400.5M$500.0K$500.0K$5.2M$515.4M$25.0K$23.0K$41.4M$138.0K
Total current liabilities $956.1M$1.24B$797.6M$956.6M$769.3M$1.05B$535.6M$602.5M$442.9M$372.2M
Long-term debt $4.36B$4.91B$3.88B$3.88B$3.87B$2.77B$2.78B$2.78B$2.81B$1.98B
Total liabilities $8.15B$8.96B$7.04B$7.28B$7.11B$5.66B$5.03B$4.63B$4.54B$3.90B
Retained earnings $5.59B$5.21B$4.62B$4.11B$3.75B$3.27B$2.90B$2.44B$2.18B$1.77B
Total equity $8.53B$8.12B$7.51B$6.95B$6.57B$6.03B$5.62B$5.20B$4.97B$4.57B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.81B$1.41B$1.54B$1.15B$1.01B$1.07B$984.1M$832.8M$644.7M$644.6M
Depreciation and amortisation $748.5M$632.2M$617.0M$587.5M$463.0M$396.8M$374.6M$346.2M$306.0M$284.9M
Stock-based compensation $63.1M$53.4M$63.2M$41.1M$34.7M$33.0M$31.8M$25.2M$26.6M$20.7M
Capital expenditure $677.7M$603.5M$872.6M$612.6M$451.3M$362.2M$384.1M$469.1M$459.6M$350.1M
Investing cash flow -$529.2M-$2.81B-$163.5M-$1.05B-$1.87B-$381.5M-$415.8M-$669.9M-$1.27B-$357.2M
Financing cash flow -$1.70B$1.06B-$585.6M-$175.2M-$94.3M$234.6M-$338.2M-$265.1M$503.4M-$304.6M
Dividends paid $259.8M$244.4M$228.4M$212.6M$196.4M$180.2M$164.0M$148.1M$132.3M$106.3M
Buybacks $438.4M$68.8M$200.0M$0$0$26.1M$2.6M$134.0M$60.3M$161.5M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001628280-26-009546.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B 8B Revenue, FY2016: 3.6B Gross profit, FY2016: 988.9M Net income, FY2016: 419.5M Revenue, FY2017: 3.9B Gross profit, FY2017: 993.5M Net income, FY2017: 601.2M Revenue, FY2018: 4.4B Gross profit, FY2018: 1.1B Net income, FY2018: 515.8M Revenue, FY2019: 4.9B Gross profit, FY2019: 1.3B Net income, FY2019: 617.7M Revenue, FY2020: 4.9B Gross profit, FY2020: 1.3B Net income, FY2020: 584.5M Revenue, FY2021: 5.6B Gross profit, FY2021: 1.4B Net income, FY2021: 670.8M Revenue, FY2022: 7.3B Gross profit, FY2022: 1.6B Net income, FY2022: 575.6M Revenue, FY2023: 7.8B Gross profit, FY2023: 1.9B Net income, FY2023: 933.2M Revenue, FY2024: 7.4B Gross profit, FY2024: 2B Net income, FY2024: 911.9M Revenue, FY2025: 7.9B Gross profit, FY2025: 2.2B Net income, FY2025: 1.1B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.59B $3.89B $4.38B $4.93B $4.86B $5.55B $7.32B $7.78B $7.42B $7.94B
Gross profit $988.9M $993.5M $1.10B $1.26B $1.28B $1.37B $1.56B $1.95B $2.00B $2.17B
Net income $419.5M $601.2M $515.8M $617.7M $584.5M $670.8M $575.6M $933.2M $911.9M $1.08B

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Results announced Item 2.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Annual report filed A new 10-K. The figures and the business description on this site come from it. Form 10-K
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Officer or director change Item 5.02
  • Mine safety A mine operator reporting a shutdown order or a pattern of safety violations. Item 1.04
  • Results announced Item 2.02

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

Others in SIC 1400

TickerCompanyMarket capP/ERevenue growth
MLM MARTIN MARIETTA MATERIALS INC $30.46B 27.0x 8.6%
HL HECLA MINING CO/DE/ $9.30B 28.3x 53.0%
MDU MDU RESOURCES GROUP INC $4.04B 20.7x 6.3%
USLM UNITED STATES LIME & MINERALS INC $3.20B 23.9x 17.3%
KNF Knife River Corp $3.02B 19.2x 8.5%
LEU CENTRUS ENERGY CORP $2.04B 26.3x 1.5%
UUUU ENERGY FUELS INC $1.88B — -15.6%
CMP COMPASS MINERALS INTERNATIONAL INC $892.9M — 11.3%