FirmAtlas
Company handbook · VMC · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-16
VMC · CIK 1396009 · LATEST FILING: 10-Q JUN '26 · FILED JUL 29, 2026
VULCAN MATERIALS COMPANY
$257.63
+5.23 (+2.07%)
Close, Oct 16, 2026 · 52-week $237–331
Last fiscal year
VULCAN MATERIALS COMPANY reported revenue of $7.9B for the year ended Dec 31, 2025 (FY25), up 7.1% from FY24. Net income was $1.1B, operating cash flow $1.8B and free cash flow $1.1B. Source: 10-K filed Feb 19, 2026.
Market cap
$33.6B
P/E
30.2
EV/EBITDA
16.0x
P/B
4.0
Div yield
0.80%
ROIC
9.9%
Revenue 1Y
7.1%/yr
EPS 1Y
18.4%/yr
Shares 1Y
−1%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEORonnie A. Pruitt
HQBirmingham, AL
AuditorDeloitte & Touche LLP
Employees11,172
Year endsDecember
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
8.9%
7.8%
6.5%
−13.0%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$4.6B deployed
Capex
$1.3B
28.0%
Acquisitions
$2.3B
49.9%
Dividends
$504M
11.0%
Buybacks
$507M
11.1%
Operating cash flow over the period: $3.2B. Total debt changed by −$945M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Mar '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
7,418
7,941+7.1%
8,062
YoY
+7.1%
Gross profit
2,000
2,175+8.8%
2,232
Gross margin
27.0%
27.4%+0.4 pp
—
Operating income
1,364
1,620+18.7%
1,659
Operating margin
18.4%
20.4%+2.0 pp
—
EBITDA
1,997
2,368+18.6%
—
EBITDA margin
26.9%
29.8%+2.9 pp
—
Interest expense
191
240+25.4%
—
Interest coverage
10.44x
9.88x−0.56x
—
Net income
912
1,077+18.1%
1,113
YoY
+18.1%
Net margin
12.3%
13.6%+1.3 pp
—
EPS (diluted, $)
6.85
8.11+18.4%
8.43
YoY
+18.4%
Balance sheet
Total assets
17,105
16,700−2.4%
16,673
Cash & short-term investments
601
189−68.5%
—
Inventory
682
680−0.2%
—
Net PP&E
8,462
8,149−3.7%
—
Other assets
7,361
7,682+4.4%
—
Total liabilities
8,986
8,175−9.0%
8,222
Total debt
5,307
4,362−17.8%
4,560
Other liabilities
3,679
3,813+3.7%
—
Shareholders’ equity
8,119
8,525+5.0%
8,451
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,410
1,813+28.6%
1,803
Net income
913
1,078+18.1%
—
Depreciation & amortization
632
748+18.4%
—
Stock-based compensation
53
63+18.2%
—
Working capital & other
(189)
(77)n/m
—
Cash from investing
(2,815)
(529)n/m
—
Capex
(604)
(678)n/m
—
PP&E sold
55
24−55.9%
—
Acquisitions
(2,266)
(14)n/m
—
Other investing
0.1
138+137800.0%
—
Cash from financing
1,057
(1,695)−260.4%
—
Debt raised
2,000
0−100.0%
—
Debt repaid
(550)
(400)n/m
—
Dividends
(244)
(260)n/m
—
Buybacks
(69)
(438)n/m
—
Other financing
(79)
(596)n/m
—
Net change in cash
(348)
(411)n/m
—
Free cash flow (OCF − capex)
806
1,135+40.8%
1,116
Where the cash went
Operating cash flow
1,410
1,813+28.6%
1,803
Reinvested in the business
2,870
691−75.9%
—
% of operating cash flow
203.6%
38.1%
Capex
604
678+12.3%
686
Acquisitions
2,266
14−99.4%
—
Free cash flow
806
1,135+40.8%
1,116
YoY
+40.8%
Returned to shareholders
313
698+122.9%
—
% of free cash flow
38.9%
61.5%
Dividends
244
260+6.3%
—
Buybacks
69
438+537.2%
—
Change in total debt
—
(945)
—
Cash left over
—
(522)
—
FCF conversion (FCF ÷ net income)
88.4%
105.4%+17.0 pp
—
Owner earnings
—
1,149
—
Owner earnings margin
—
14.5%
—
Buyback yield
0.2%
1.2%+1.0 pp
—
Returns & ratios
ROIC (all capital)
8.4%
9.9%+1.5 pp
—
ROIC (operating)
11.7%
14.0%+2.3 pp
—
Net debt / EBITDA
2.36x
1.76x−0.60x
—
Debt / equity
0.65x
0.51x−0.14x
—
ROE
11.2%
12.6%+1.4 pp
—
ROA
5.3%
6.4%+1.1 pp
—
ROCE
8.6%
10.3%+1.7 pp
—
NOPAT
1,072
1,261+17.7%
—
Invested capital (operating)
9,143
8,829−3.4%
—
Invested capital (all)
12,825
12,698−1.0%
—
Reinvestment rate
—
−24.9%
—
Income
Jun '25
Sep '25
Dec '25
Mar '26
Revenue
2,102
2,292
1,913
1,756
vs year-ago quarter
Gross profit
625
697
487
423
Gross margin
29.7%
30.4%
25.5%
24.1%
Operating income
471
543
379
265
Net income
321
375
252
166
vs year-ago quarter
Net margin
15.3%
16.4%
13.2%
9.4%
EPS (diluted, $)
2.42
2.82
1.93
1.26
vs year-ago quarter
Balance sheet
Jun '25
Sep '25
Dec '25
Mar '26
Total assets
16,975
16,978
16,700
16,673
Cash & equivalents
351
195
189
144
Total debt
4,910
4,361
4,362
4,560
Shareholders’ equity
8,407
8,734
8,525
8,451
Cash flow
Jun '25
Sep '25
Dec '25
Mar '26
Operating cash flow
342
677
543
241
Capex
103
222
185
176
Free cash flow
239
455
358
65
vs year-ago quarter