Income StatementBalance SheetCash FlowSegments
Vulcan Materials Company logo

Vulcan Materials Company Income Statement

Revenue, expenses, and profitability over time

Vulcan Materials Company generated $8.1B in trailing twelve-month revenue, up 0.1% year-over-year. Net income was $1.1B with a 13.81% net margin. Gross margin stands at 27.68% and operating margin at 20.57%. Diluted EPS is $8.40, which grew 0.2% year-over-year. Based on the Q1 2026 filing.

Total Revenue (TTM)$8.1BGross Profit (TTM)$2.2BOperating Income (TTM)$1.7BNet Income (TTM)$1.1BEps Diluted (TTM)$8.40
Latest FilingQ1 2026
Report Date2026-04-29
Market Cap$35.7B
P/E Ratio32.06
ROE13.43%

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Capital Expenditures$162.5M$168.0M$102.9M$222.0M$184.8M$176.5M
Tax Withholding for Share-Based Payments$8.5M$25.4M$3.9M$1.2M$3.5M$37.8M
Common Stock Dividends Per Share$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Acquisitions, Net of Cash$2.1B-$4.7M$9.9M$3.3M$5.0M$0.0
ARO Liabilities Incurred$41.5M$0.0$18.2M$6.0M$2.5M$0.0
ARO Liabilities Settled$10.8M$5.9M$4.7M$2.7M$4.3M$3.0M
Change in Accounts and Notes Receivable-$15.8M-$950.0K-$950.0K-$950.0K-$950.0K—
Change in Inventories$6.9M$3.9M$3.9M$3.9M$3.9M—
Change in Operating Capital—$85.2M$187.8M-$16.7M—$130.5M
Finance Lease Principal Paid$3.0M$2.9M$2.9M$2.7M$2.4M$3.3M
Net Change in Cash and Restricted Cash—-$407.9M$158.1M-$155.8M-$5.8M-$45.7M
Number of Operating Segments0.003.000.000.000.003.00
Operating Lease Payments$18.5M$20.0M$20.2M$20.7M$20.2M$20.6M
ARO Revisions in Estimated Cash Flows$46.3M$3.7M$0.0-$10.0M—$1.5M
ROU Asset Obtained - Finance Lease$200.0K$2.7M-$2.2M$1.3M$2.7M$1.9M
ROU Asset Obtained - Operating Lease$32.2M$54.0M-$5.5M$18.5M$15.3M$17.4M
Number of reportable segments0.003.000.000.000.003.00
Other investing activities, net—-$100.0K-$900.0K-$7.5M-$2.0M$0.0
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Software amortization expense$425.0K$775.0K$775.0K$775.0K$775.0K—
Dividends declared (in dollars per share)$0.5$0.5$0.5$0.5$0.5$0.5
Cost Incurred, Asset Retirement Obligation$8.0M$8.2M$8.8M$7.4M$10.7M$8.7M
Deferred income taxes, net—-$1.8M-$9.5M$67.8M—$3.3M
Effect of cross-border tax laws$250.0K$75.0K$75.0K$75.0K$75.0K—
Effect of cross-border tax laws0.0%0.0%0.0%0.0%0.0%—
Foreign operations$0.0-$0.0-$0.0-$0.0-$0.0—
Other$0.0$0.0$0.0$0.0$0.0—
Changes in unrecognized tax benefits-0.1%-0.0%-0.0%-0.0%-0.0%—
Finance Lease Principal Payments$3.0M$2.9M$2.9M$2.7M$2.4M$3.3M
Gain (Loss) on Disposition of Assets$47.7M$7.4M$1.2M$600.0K$43.2M-$300.0K
Goodwill of acquired businesses—-$1.7M-$1.7M-$1.7M-$1.7M—
Goodwill And Intangible Asset Impairment$0.0$0.0$0.0$0.0$0.0—
Goodwill, Written off Related to Sale of Business Unit—$600.0K$0.0$0.0$0.0$0.0
Income Tax Examination Estimate Of Possible Loss—————$35.0M
Potential interest and penalties—————$23.0M
Federal taxes$52.1M$56.7M$56.7M$56.7M$56.7M—
Foreign$1.8M$400.0K$400.0K$400.0K$400.0K—
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Other, Amount$950.0K$2.7M$2.7M$2.7M$2.7M—
Changes in unrecognized tax benefits-$625.0K-$575.0K-$575.0K-$575.0K-$575.0K—
Increase (Decrease) in Accounts and Notes Receivable-$15.8M-$950.0K-$950.0K-$950.0K-$950.0K—
Accrued interest and income taxes-$1.7M-$1.8M-$1.8M-$1.8M-$1.8M—
Increase (Decrease) in Inventories$6.9M$3.9M$3.9M$3.9M$3.9M—
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital—$85.2M$187.8M-$16.7M—$130.5M
Increase (Decrease) in Other Accounts Payable and Accrued Liabilities-$48.3M$18.9M$18.9M$18.9M$18.9M—
Increase (decrease) in all other liabilities-$5.1M-$25.9M-$25.9M-$25.9M-$25.9M—
Increase (Decrease) in Other Operating Assets$23.3M$12.9M$12.9M$12.9M$12.9M—
Interest Expense Nonoperating$73.5M$59.7M$59.2M$55.3M$65.5M$53.9M
Interest Expense, Nonoperating, Adjusted$52.6M$59.7M$59.2M$55.3M$52.1M$53.9M
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation$1.9B-$532.9M-$73.2M-$618.6M-$470.5M-$111.9M
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation-$2.2B-$126.5M-$110.4M-$214.0M-$78.3M-$174.9M
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation$440.1M$251.5M$341.7M$676.8M$543.0M$241.1M
Number of planned new treatment capabilities—0.500.500.500.50—
Operating lease right-of-use assets amortization expense$12.8M$13.5M$13.2M$13.4M$14.1M$13.5M
Other Noncash Income (Expense)-$15.8M-$3.9M-$3.9M-$6.5M—-$3.5M
Other operating expense, net-$84.8M-$600.0K-$9.7M-$8.7M$28.1M-$21.6M
Payment for (Proceeds from) Other Investing Activity—-$100.0K-$900.0K-$7.5M-$2.0M$0.0
Payments for Repurchase of Common Stock$0.0$38.1M$0.0$0.0$400.3M$149.5M
Payments of Ordinary Dividends, Common Stock$60.8M$66.0M$64.7M$64.7M$64.4M$67.9M
Payment, Tax Withholding, Share-Based Payment Arrangement$8.5M$25.4M$3.9M$1.2M$3.5M$37.8M
Payments to Acquire Businesses, Net of Cash Acquired$2.1B-$4.7M$9.9M$3.3M$5.0M$0.0
Payments to Acquire Property, Plant, and Equipment$162.5M$168.0M$102.9M$222.0M$184.8M$176.5M
Cash contributions for pension plans$1.6M$1.2M$2.2M$10.4M$800.0K$800.0K
Proceeds from principal business dispositions$0.0$19.0M$0.0$0.0$108.4M$0.0
Financing — other$0.0-$100.0K-$200.0K$100.0K—$0.0
Dispositions of property, plant, and equipment$49.1M$17.7M$1.5M$3.8M$1.1M$1.6M
Proceeds from Short-Term Debt$0.0$0.0$0.0$0.0$0.0$197.0M
Repayments of Long-Term Debt$0.0$400.4M$0.0$100.0K$0.0$400.0K
Repayments of Short-Term Debt$0.0$0.0$0.0$550.0M$0.0$50.0M
Revenue From Contract With Customer Excluding Assessed Tax$1.9B$1.6B$2.1B$2.3B$1.9B$1.8B
Gains on sale and leaseback transactions, net$0.0$4.6M$0.0$0.0$0.0$0.0
Stock-based compensation$13.5M$13.9M$19.1M$16.9M$13.2M$15.5M
Unrecognized tax benefits, settlements$75.0K$0.0$0.0$0.0$0.0—
Cash Dividends, Common Stock$60.8M$66.0M$64.7M$64.7M$64.4M$67.9M
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Comprehensive Income$304.8M$130.8M$322.3M$376.5M$250.3M$167.4M
OCI Attributable to Parent$11.3M$1.4M$1.5M$1.5M—$1.4M
Stock Repurchased During Period, Value$300.0K$38.1M$0.0$0.0$404.0M$149.5M

Earnings Per Share

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share (Declared)$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Basic EPS from continuing operations$2.24$0.98$2.44$2.85$1.92$1.27
Diluted EPS from discontinued operations$-0.02$-0.01$-0.01$-0.01$-0.01$-0.01
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common stock dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Antidilutive Securities Excluded from EPS-300K100K100K100K-300K100K
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Dividends per share declared$0.46$0.49$0.49$0.49$0.49$0.52
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common stock dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends Per Share Declared$0.5$0.5$0.5$0.5$0.5$0.5
Common stock dividends per share declared$0.5$0.5$0.5$0.5$0.5$0.5

Operating Expenses

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Stock-Based Compensation Expense$13.5M$13.9M$19.1M$16.9M$13.2M$15.5M
Capitalized Computer Software Additions$4.9M$3.8M$3.8M$3.8M$3.8M—
Share-Based Compensation Expense$13.5M$13.9M$19.1M$16.9M$13.2M$15.5M
Compensation and benefits$13.5M$13.9M$19.1M$16.9M$13.2M$15.5M
Pension Benefit Payments$1.6M$1.2M$2.2M$10.4M$800.0K$800.0K
Total Lease Cost$38.2M$33.3M$38.2M$40.0M$38.0M$36.7M
Depreciation and amortization$163.8M$186.4M$185.5M$191.4M$185.2M$170.3M
Goodwill impairment$0.0$0.0$0.0$0.0$0.0$0.0
Loss contingency expense$0.0$0.0$0.0$0.0$0.0$0.0
Operating Lease ROU Asset Amortization$12.8M$13.5M$13.2M$13.4M$14.1M$13.5M
Goodwill written off on sale of business—$600.0K$0.0$0.0$0.0$0.0
Stock-based compensation expense$13.5M$13.9M$19.1M$16.9M$13.2M$15.5M
Defined Contribution Plan Expense$20.3M$17.0M$22.6M$21.7M$19.1M$21.0M
Finance Lease ROU Asset Amortization$2.3M$2.1M$2.1M$2.0M$1.8M$1.7M
Occupancy and equipment$18.9M$20.4M$20.2M$20.3M$21.1M$20.7M
Other operating expenses-$45.9M-$8.0M-$10.9M-$9.3M-$15.1M-$21.3M
Provision for credit losses$925.0K$425.0K$425.0K$425.0K$425.0K—
Share-Based Compensation$13.5M$13.9M$19.1M$16.9M$13.2M$15.5M
Amortization of Right-of-Use Assets$2.3M$2.1M$2.1M$2.0M$1.8M$1.7M
Variable Lease Cost$5.4M$4.0M$4.6M$5.8M$4.8M$4.8M

Other Income & Expense

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other Non-Cash Income (Expense)-$15.8M-$3.9M-$3.9M-$6.5M—-$3.5M
Other non-cash income (expense)-$15.8M-$3.9M-$3.9M-$6.5M—-$3.5M
Gain (loss) on disposal of assets$47.7M$7.4M$1.2M$600.0K$43.2M-$300.0K
Interest expense$73.5M$59.7M$59.2M$55.3M$65.5M$53.9M
Interest expense, short-term borrowings$0.0$0.0$0.0$0.0$0.0$197.0M
Other Non-Cash Income (Expense)-$15.8M-$3.9M-$3.9M-$6.5M—-$3.5M
Other income (expense), net-$9.3M-$2.6M$2.4M$700.0K-$3.7M$1.4M
Other Non-cash Income (Expense)-$15.8M-$3.9M-$3.9M-$6.5M—-$3.5M
Other Non-Cash Income (Expense)-$15.8M-$3.9M-$3.9M-$6.5M—-$3.5M
Interest expense on finance leases$100.0K$200.0K$100.0K$100.0K$100.0K$100.0K
Unrealized Gain (Loss) on Equity Securities-$4.3M-$3.1M$1.2M$3.4M—$1.2M

Net Income

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Common Dividends Declared (Per Share)$0.5$0.5$0.5$0.5$0.5$0.5
Common Stock Dividends$60.8M$66.0M$64.7M$64.7M$64.4M$67.9M
Cash Dividends, Common Stock$60.8M$66.0M$64.7M$64.7M$64.4M$67.9M
Income from discontinued operations-$3.4M-$1.3M-$2.8M-$1.6M-$400.0K-$1.4M
Net income$293.6M$128.9M$320.9M$374.9M$252.0M$165.5M
Common Stock Dividends$60.8M$66.0M$64.7M$64.7M$64.4M$67.9M
Distributions to Noncontrolling Interest Holders$450.0K$375.0K$375.0K$375.0K$375.0K—

Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Tax Reconciliation, Foreign Rate Differential0.1%-0.0%-0.0%-0.0%-0.0%—
Tax Reconciliation, Tax Credits0.1%0.1%0.1%0.1%0.1%—
Current Federal Tax Expense$51.2M$52.5M$52.5M$52.5M$52.5M—
Current Foreign Tax Expense$1.2M$1.3M$1.3M$1.3M$1.3M—
Current State and Local Tax Expense$13.0M$16.7M$16.7M$16.7M$16.7M—
Deferred Federal Tax Expense$3.4M$8.2M$8.2M$8.2M$8.2M—
Deferred Foreign Tax Expense-$750.0K-$1.9M-$1.9M-$1.9M-$1.9M—
Deferred Income Tax Expense (Benefit)-$2.5M$6.5M$6.5M$6.5M$6.5M—
Deferred State and Local Tax Expense-$5.1M$175.0K$175.0K$175.0K$175.0K—
Foreign Rate Differential$1.6M-$275.0K-$275.0K-$275.0K-$275.0K—
Tax Reconciliation: Tax Credits$1.1M$900.0K$900.0K$900.0K$900.0K—

Income Before Tax

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income Before Tax, Domestic$299.0M$352.3M$352.3M$352.3M$352.3M—
Income Before Tax, Foreign-$6.0M-$4.7M-$4.7M-$4.7M-$4.7M—