Saturday 17 October 2026 Export VMC’s income statement to Excel — free account

Vulcan Materials Company

Vulcan Materials Company’s revenue for fiscal 2025 (year ended December 2025) was $7.9 billion, up 7.06% from fiscal 2024. In the quarter to June 2026, revenue grew 2.54%, EPS grew 2.47%, free cash flow fell 30.9% and total debt was flat, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for three consecutive years.

257.18 4.78 +1.89%

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Market cap: $32.7B
P/E: 30.2×
Fwd P/E: 30.5×
Dividend yield: 0.80%
F-score: 9/9
Altman Z: 4.15
Beneish M: −2.68
Dividend safety: 80/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Insider Decisions trades per month

Total sells 15.03

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	6	2	—	1	—	—	—	1	—	2	—	—

Insider Ownership 0.41%

Capital & Financial Ratios $m

Market Cap 32,710.00

Revenue 8,115.80

Net Income 1,118.20

Free Cash Flow 1,050.20

Net Debt 4,075.60

Current Ratio 1.76

Debt/Equity 0.51

P/E ratio 30.19

Fwd P/E 30.50

P/S ratio 4.11

P/B ratio 3.93

Past 5Y EPS Growth 13.06%

This Y EPS Growth 11.19%

Next Y EPS Growth 15.40%

Next Y revenue growth 2.78%

Next 5Y EPS Growth 13.60%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 19.24%

10-year low 10-year high

P/S against its own 10 years 47.36%

10-year low 10-year high

P/B against its own 10 years 70.70%

10-year low 10-year high

EV/Sales against its own 10 years 45.23%

10-year low 10-year high

EV/FCF against its own 10 years 20.60%

10-year low 10-year high

Dividends

Payout Ratio 0.24

Annual Dividend Rate 2.05

Annual Dividend Yield 0.80%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	2.10	0.52 0.52 0.52
2025	1.96	0.49 0.49 0.49 0.49
2024	1.84	0.46 0.46 0.46 0.46
2023	1.72	0.43 0.43 0.43 0.43
2022	1.60	0.40 0.40 0.40 0.40
2021	1.48	0.37 0.37 0.37 0.37 2.00
2020	1.36	0.34 0.34 0.34 0.34
2019	1.24	0.31 0.31 0.31 0.31
2018	1.12	0.28 0.28 0.28 0.28
2017	1.00	0.25 0.25 0.25 0.25
2016	0.80	0.20 0.20 0.20 0.20

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	949	601	189	289
Receivables	890	892	888	1,100
Inventory	616	682	681	689
Other	70	91	810	86
	2,525	2,266	2,568	2,164

	2023	2024	2025	Q'26
Payables	390	407	439	382
ST’ Debt	1	401	0	400
Other	238	276	362	449
	798	1,239	956	1,231

Compound Annual Growth %

	10y	5y	3y
Sales	8.78%	10.33%	2.77%
Cash Flow	13.31%	11.11%	16.45%
Earnings	17.15%	13.00%	23.21%
Book Value	6.74%	7.24%	7.13%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	1,756	2,156	—	—	—
’25	1,635	2,102	2,292	1,913	7,941
’24	1,546	2,014	2,004	1,854	7,418
’23	1,649	2,113	2,186	1,834	7,782
’22	1,541	1,954	2,088	1,732	7,315
’21	1,068	1,361	1,517	1,606	5,552
’20	1,049	1,323	1,310	1,175	4,857

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	241	344	—	—	—
’25	252	342	677	543	1,813
’24	173	201	595	440	1,410
’23	221	286	548	482	1,537
’22	176	150	423	400	1,148
’21	169	229	327	287	1,012
’20	82	343	352	292	1,070

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	66	166	—	—	—
’25	101	240	459	359	1,159
’24	22	12	500	327	861
’23	29	144	242	344	759
’22	21	24	291	239	574
’21	255	141	202	179	777
’20	(58)	263	313	201	720

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	1.26	2.48	—	—	—
’25	0.97	2.42	2.82	1.91	8.11
’24	0.77	2.31	1.56	2.21	6.85
’23	0.90	2.31	2.07	1.70	6.98
’22	0.69	1.40	1.33	0.89	4.31
’21	1.20	1.46	1.32	1.03	5.02
’20	0.45	1.58	1.50	0.86	4.39

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	78.83	108.95	82.52	95.31	65.56	143.10	137.54	159.76	218.37	215.08	Analyst estimates 2026–2028 Powerpack
	High	138.18	136.82	141.20	152.49	153.88	210.25	213.65	229.75	298.31	311.74
People
People	Employees	7,149	8,287	8,782	9,173	8,431	11,912	11,397	10,382	11,436	11,172
	Revenue/emp, $m	0.50	0.47	0.50	0.54	0.58	0.47	0.64	0.75	0.65	0.71
Income, $m
Income, $m	Revenue	3,593	3,890	4,383	4,929	4,857	5,552	7,315	7,782	7,418	7,941
	Gross margin, %	27.53	25.54	25.12	25.48	26.39	24.74	21.29	25.04	26.96	27.38
	EBT	547	361	623	758	744	874	788	1,245	1,172	1,390
	EBT margin, %	15.23	9.29	14.22	15.37	15.31	15.74	10.77	16.00	15.80	17.51
	Net income	419	601	516	618	585	670	577	935	913	1,078
	Depreciation	285	306	346	375	397	468	655	645	719	749
Per share, $
Per share, $	Revenue	26.97	29.36	33.11	37.26	36.63	41.81	55.00	58.51	56.07	60.16
	Earnings	3.15	4.54	3.90	4.67	4.41	5.05	4.33	7.02	6.89	8.16
	Cash flow	4.84	4.87	6.29	7.44	8.07	7.62	8.63	11.55	10.65	13.73
	Capex	(2.45)	(3.35)	(3.38)	(2.73)	(2.64)	(1.77)	(4.31)	(5.85)	(4.15)	(4.95)
	Free cash flow	2.39	1.52	2.91	4.71	5.43	5.85	4.32	5.71	6.51	8.78
	Book value	34.33	37.50	39.30	42.49	45.45	49.46	52.27	56.45	61.55	64.76
	Shares, m	133	133	132	132	133	133	133	133	132	132
Valuation, ×
Valuation, ×	P/E	41.97	29.05	25.33	30.83	33.71	41.11	40.67	31.85	37.28	34.95
	P/S	4.62	4.49	2.98	3.86	4.05	4.97	3.20	3.82	4.59	4.74
	P/B	3.63	3.52	2.51	3.39	3.26	4.20	3.37	3.96	4.18	4.40
	EV/Sales	5.10	5.19	3.61	4.37	4.48	5.62	3.71	4.20	5.22	5.27
	EV/FCF	57.65	100.48	40.98	34.62	30.23	40.16	47.25	43.05	45.00	36.07
Cash, $m
Cash, $m	Operating cash flow	645	645	833	984	1,070	1,012	1,148	1,537	1,410	1,813
	Capex	(327)	(444)	(447)	(361)	(351)	(235)	(574)	(778)	(549)	(654)
	Free cash flow	318	201	386	623	720	777	574	759	861	1,159
Balance, $m
Balance, $m	Working capital	765	737	477	844	1,229	927	945	1,727	1,027	1,612
	Total debt	1,983	2,855	2,779	2,784	3,288	3,880	3,876	3,878	5,307	4,362
	Net debt	1,715	2,708	2,735	2,510	2,090	3,639	3,714	2,929	4,707	4,173
	Shareholders’ equity	4,572	4,969	5,203	5,622	6,027	6,568	6,952	7,508	8,143	8,549
Returns, %
Returns, %	ROA	5.00	6.69	5.33	6.03	5.23	5.29	4.12	6.48	5.76	6.37
	ROIC	6.62	5.20	5.89	6.74	6.90	6.19	5.57	8.55	6.64	7.96
	ROE	9.29	12.60	10.14	11.41	10.04	10.65	8.51	12.91	11.65	12.90

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CRH CRH PLC	$54.8B	14.6×	17.7×	+5.59% (above 0%: growing)	+13.85% (above 0%: growing)	−25.90% (below 0%: shrinking)	39.84%	18.81%	Compare
MLM Martin Marietta Materials, Inc.	$34.9B	12.3×	30.7×	+21.01% (above 0%: growing)	−23.16% (below 0%: shrinking)	−107.69% (below 0%: shrinking)	25.42%	19.11%	Compare
VMC Vulcan Materials Company	$32.7B	30.2×	30.5×	+2.54% (above 0%: growing)	+2.47% (above 0%: growing)	−30.88% (below 0%: shrinking)	29.01%	21.13%
AMRZ Amrize Ltd	$20.4B	17.3×	20.6×	+8.58% (above 0%: growing)	+11.54% (above 0%: growing)	−4.55% (below 0%: shrinking)	28.42%	20.32%	Compare
CX Cemex S.A.B. de C.V.	$15.2B	29.3×	12.1×	+12.24% (above 0%: growing)	+9.09% (above 0%: growing)	−33.65% (below 0%: shrinking)	35.22%	13.74%	Compare
JHX James Hardie Industries PLC.	$15.0B	103×	22.4×	+63.86% (above 0%: growing)	+20.00% (above 0%: growing)	+145.13% (above 0%: growing)	37.21%	14.76%	Compare
EXP Eagle Materials Inc	$5.2B	13.4×	16.3×	+2.56% (above 0%: growing)	−12.70% (below 0%: shrinking)	−44.46% (below 0%: shrinking)	24.77%	22.10%	Compare
USLM United States Lime & Minerals, Inc.	$3.1B	22.6×	24.3×	+8.31% (above 0%: growing)	+11.11% (above 0%: growing)	+0.98% (above 0%: growing)	47.13%	41.01%	Compare
KNF Knife River Corporation	$2.8B	20.4×	22.4×	+12.57% (above 0%: growing)	−13.48% (below 0%: shrinking)	+19.76% (above 0%: growing)	17.34%	8.64%	Compare
Median of peers	$15.1B	18.9×	21.5×	+10.41%	+10.10%	−15.22%	31.82%	18.96%

All 18 Building Materials stocks →

Vulcan Materials Company (VMC) key facts

Strength: Vulcan Materials Company’s revenue for fiscal 2025 (year ended December 2025) was $7.9 billion, up 7.06% from fiscal 2024.
Strength: Net income was $1.1 billion, or $8.16 per share (basic), a net margin of 13.6%.
Vulcan Materials Company (VMC) is a Building Materials company in the Basic Materials sector, listed on the New York Stock Exchange.
As of October 16, 2026, VMC traded at $257.18, a market capitalization of $32.7 billion.
At that price the stock trades at 30.2× trailing-twelve-month earnings and 4.1× sales; its P/E is higher than 19% of its own readings over the past ten years.
Vulcan Materials Company pays an annual dividend of $2.05 per share, a yield of 0.80%, with a payout ratio of 24.2%.
Return on equity was 12.9% and debt-to-equity 0.51.
Its Piotroski F-score is 9 out of 9 and its Altman Z-score is 4.15 (safe zone) for fiscal 2025.