Vulcan Materials Company (VMC) Stock Analysis
Basic Materials · Building Materials · NYSE
Vulcan Materials Company (VMC) posted $7.94B in revenue for fiscal 2025 (up 7.1% year over year), at a 13.6% net margin, and has compounded revenue about 10.3%/yr over five years, per its SEC filings.
Data last refreshed August 2, 2026 from SEC filings · how we compute this
The analyst's take on Vulcan Materials Company
Vulcan Materials Company has grown revenue from $3.59B to $7.94B over the last 10 fiscal years, compounding about 10.3% a year. The most recent year was up 7.1%, so growth has cooled from its longer-run pace.
Net margin sits at 13.6%, up 1.3 points year over year on a 27.4% gross margin. It carries about $4.36B of total debt.
At today's valuation the market is pricing in roughly 13.5% annual free-cash-flow growth — versus the 9.9% it actually delivered over the last five years, so the price already assumes a step-up from the recent record.
Synthesised from Vulcan Materials Company's SEC filings — descriptive, not advice. Ask the analyst your own question →
Vulcan Materials Company revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.59B | $3.89B | $4.38B | $4.93B | $4.86B | $5.55B | $7.32B | $7.78B | $7.42B | $7.94B |
| Gross profit | $988.88M | $993.51M | $1.10B | $1.26B | $1.28B | $1.37B | $1.56B | $1.95B | $2.00B | $2.17B |
| Net income | $419.49M | $601.18M | $515.80M | $617.70M | $584.50M | $670.80M | $575.60M | $933.20M | $911.90M | $1.08B |
| Net margin | 11.7% | 15.5% | 11.8% | 12.5% | 12.0% | 12.1% | 7.9% | 12.0% | 12.3% | 13.6% |
Source: Vulcan Materials Company SEC filings (10-K). 19 years of history available in the interactive view.
Vulcan Materials Company: no obvious red flags in the filings
Our deterministic scan of the filed statements — receivables vs sales, earnings vs cash, dilution, leverage and margins — didn't flag anything. Ask about the risks →
What growth is priced into VMC stock?
At today's market cap of $34.80B, Vulcan Materials Company is priced for free-cash-flow growth of about 13.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.14B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 9.9%/yr over the last five fiscal years and revenue 10.3%/yr, computed from its SEC filings. This is a reverse DCF — a translation of the price into a growth assumption you can judge, not a fair value and not advice. Change the assumptions yourself in the interactive view →
Explore 19 years of Vulcan Materials Company financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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Vulcan Materials Company financial history by metric
Compare Vulcan Materials Company with peers
About Vulcan Materials Company
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.
Vulcan Materials Company — frequently asked questions
What is Vulcan Materials Company's revenue?
Vulcan Materials Company (VMC) reported revenue of $7.94B for fiscal year 2025, up 7.1% from the prior year, according to its SEC filings.
Is Vulcan Materials Company profitable?
Yes. VMC earned net income of $1.08B in fiscal 2025, a net margin of 13.6%.
What is VMC's P/E ratio?
Vulcan Materials Company trades at a price-to-earnings ratio of about 31.6 based on the latest data in our nightly-refreshed cache.
How fast is Vulcan Materials Company growing?
VMC's revenue grew at roughly 10.3% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
How much debt does Vulcan Materials Company have?
As of fiscal year 2025, VMC carried roughly $4.36B in total debt (short- plus long-term borrowings), per its filed balance sheet.
What is Vulcan Materials Company's gross margin?
VMC's gross margin was 27.4% in fiscal 2025 — gross profit of $2.17B on revenue of $7.94B.
What is Vulcan Materials Company's market cap?
Vulcan Materials Company (VMC) has a market capitalization of about $34.80B, based on the latest data in our nightly-refreshed cache.
When does Vulcan Materials Company's fiscal year end?
VMC's fiscal year ends in December. Its most recent annual filing covers the fiscal year ending 2025-12-31.
What growth is priced into VMC stock?
At today's market cap of $34.80B, Vulcan Materials Company is priced for free-cash-flow growth of about 13.5% per year for 10 years (assuming a 10% discount rate and 2.5% terminal growth, base FCF $1.14B from the FY ending 2025-12-31). For comparison, free cash flow actually grew 9.9%/yr over the last five fiscal years and revenue 10.3%/yr, computed from its SEC filings.
Where does this data come from?
All figures are computed from Vulcan Materials Company's official SEC filings (10-K and 10-Q), covering 19 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.