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NYSE · MINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) · LARGE CAP

Vulcan Materials Co. VMC

19 fiscal years on record · USD · FY2025 reported · SEC filings only
12 YEARS OF DIVIDEND GROWTH
$7.9B
▲ 7.1% YoY
$1.1B
▲ 18.1% YoY
$1.1B
▲ 40.8% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Vulcan Materials Company operates primarily in the United States, supplying construction aggregates, mainly crushed stone, sand and gravel, and producing aggregates-intensive downstream products such as asphalt mix and ready-mixed concrete, delivered by trucks, ships, barges and trains. During the year ended December 31, 2025, it operated 425 active aggregates facilities, and served customers through 71 asphalt facilities and 76 concrete facilities located in Alabama, Arizona, California, Maryland, New Mexico, Tennessee, Texas, Virginia, the U.S. Virgin Islands and Washington D.C. It has three operating and reportable segments, organized around its principal product lines: Aggregates, Asphalt and Concrete. It produces and sells aggregates, including crushed stone, sand and gravel, and related products and services in 23 states, the U.S. Virgin Islands, Washington D.C., and local markets surrounding its operations in Freeport, Bahamas, and British Columbia, Canada. Its Asphalt segment produces and sells asphalt mix in Alabama, Arizona, California, New Mexico, Tennessee and Texas, and provides asphalt construction paving services in Alabama and Tennessee. Its Concrete segment produces and sells ready-mixed concrete in California, Maryland, Virginia, the U.S. Virgin Islands and Washington D.C. Since becoming a public company in 1956, Vulcan has principally grown by mergers and acquisitions.

Written from the business description in Vulcan Materials Company's annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 7.9B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 7.9 · Net income 1.1
3B6B
2007201020132016201920222025
Compound annual growth
+2.8%
+10.3%
+8.8%
+7.8%
+23.2%
+13.0%
+17.1%
+23.5%
+13.1%
+17.3%
+7.0%
+7.6%
+17.2%
+4.6%
+48.6%
+27.6%
+29.4%
+12.0%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +10.3% a year over the five years to FY2025 — but profit grew faster: net income at +13.0%, earnings per share at +13.1%.

The share count fell from 0.13B to 0.13B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

14 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 20.4% · Net 13.6%
10%20%-1%-2%-3%
200720162025
ROE
FY2025 · ROE 12.9%
5%10%-1%-2%
200720162025
Three returns, three denominators.

Each USD of equity produced 13 cents of profit this year.

Cash & shareholders

USD 698.2M
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 1.1
0.5B1.0B
200720162025
Net buybacks $M Dividends $M
FY2025 · Dividends 259.8 · Net buybacks 438.4
250.0M500.0M-250.0M-500.0MDividendsNet buybacks
2007201020132016201920222025

USD 259.8M in dividends and USD 438.4M in buybacks — 65% of the year's profit went back to shareholders.

Total assetsUSD 16.7B
EquityUSD 8.5B
CashUSD 183.3M
Gross debtUSD 4.4B
Net debtUSD 4.2B
Current ratio2.69×

Net debt stands at 49% of equity.

The 19-year record

19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative—not applicable◌not available in our data
VMC, 19-year financial record
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B7.97.47.87.35.64.94.94.43.93.63.43.02.82.62.62.62.73.73.3
Operating income $B1.61.41.41.01.00.90.90.70.60.70.50.50.20.10.1−0.00.10.20.7
EBITDA $B2.42.02.01.51.51.31.31.10.91.00.80.80.50.40.40.40.50.61.0
Income tax $B0.30.30.30.20.20.20.10.1−0.20.10.10.1−0.0−0.1−0.1−0.1−0.00.10.2
Net income $B1.10.90.90.60.70.60.60.50.60.40.20.20.0−0.1−0.1−0.10.00.00.5
Free cash flow $B1.10.80.70.50.60.70.60.40.20.30.20.00.10.10.10.10.30.10.2
EPS, diluted $8.116.856.984.315.024.394.633.854.463.091.641.540.19−0.41−0.55−0.750.250.014.54
Dividend / sh $1.961.841.721.601.481.361.241.121.000.800.400.220.040.040.761.001.481.961.84
Payout %24272437293127292225241421−10−139−1325662339740
ROE %12.911.713.08.510.710.011.410.112.69.35.15.10.6−1.4−1.8−2.40.80.011.9
Shares out B0.130.130.130.130.130.130.130.130.130.130.130.13◌◌◌◌◌◌◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 93 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityMining & Quarrying of Nonmetallic Minerals (No Fuels)
Listed onNYSE
Incorporated inNew Jersey
Fiscal year endsDecember 31
Data on record since2007

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