Vulcan Materials Co (VMC)
Fair ValueFundamental
68
Price
$244.63
Market Cap
$31.90B
Part 1 · What the company is worth
Overview
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.
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Direct competitors
Who this company fights with for the same customers
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No competitor list for this company yet.
Balance Sheet & Liquidity
Revenue
$8.06B
Trailing 12 months (through 3/31/2026)
Net Income
$1.11B
Trailing 12 months (through 3/31/2026)
Free Cash Flow
$1.14B
Total Equity
$8.53B
Total Liabilities
$8.15B
Current Ratio
2.59
Interest Coverage
7.09
Debt/EBITDA
2.17
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$218.44
Current Price
$244.63
Margin of Safety
-12.0%
Fair Value Range
$141.99 - $294.90
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
29.12
ROE
12.6%
P/B Ratio
3.76
P/FCF
28.43
Gross Margin
27.7%
ROIC
8.4%
Profitability Radar
Value Creation (Economic Moat)
ROIC
8.4%
WACC
9.2%
ROIC − WACC
-0.8 pp
ROIC is roughly in line with the cost of capital — the company is barely covering its capital cost.
Fundamental Analysis Criteria
Passed (18)
- EPS shows upward trend
- Price CAGR 7.28%
- ROIC 8.4%
- P/FCF 28.43
- Debt/Equity ratio
- Operating Margin 20.6%
- Positive Free Cash Flow
- Current Ratio
- Interest Coverage
- Debt/EBITDA
- Return on Tangible Assets
- ROE 13.1%
- Revenue Growth 5Y 10.3%
- Analyst Consensus 63% Buy
- Earnings Quality (OCF/NI) 1.62
- Share Dilution -0.3%
- Net Margin Trend 13.8% vs 12.5%
- Piotroski F-Score 9/9
Failed (9)
- EPS CAGR 3.28%
- Gross Margin 27.7%
- P/B Ratio 3.76
- CapEx intensity
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings Surprise avg 0.8%
- PEG Ratio 2.16
Unavailable (1)
- Dividend Payout NaN%
Piotroski F-Score
Strong financial health
Earnings Quality
High quality: earnings backed by cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. James Thomas Hill | Executive Chairman of the Board | 66 |
| Mr. Ronnie A. Pruitt | CEO & Director | 54 |
| Ms. Mary Andrews Carlisle | Senior VP & CFO | 44 |
| Mr. David P. Clement | Senior Vice President of Operations Support, Procurement & Strategic Sourcing | 65 |
| Mr. Randy L. Pigg | VP, Principal Accounting Officer & Controller | 52 |
| Mr. Krzysztof Soltan | Chief Information Officer | - |
| Mr. Jerry F. Perkins Jr. | Chief Administrative Officer | 55 |
| Mr. Mark D. Warren | Vice President of Investor Relations | - |
| Ms. Janet F. Kavinoky | Vice President of External Affairs & Corporate Communications | - |
| Mr. Mitesh B. Shah | Senior VP & Chief Human Resources Officer | 47 |
Audit Risk
7
Board Risk
6
Compensation Risk
3
Shareholder Rights Risk
7
Part 2 · The price and when to enter
This part won't tell you whether the company is worth owning: it helps you choose when to buy it, once the fundamentals have convinced you. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-19
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-29
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-07-29
via SEC EDGAR
Income History
via SEC EDGAR
Latest News
Recent headlines for VMC, sourced from Markets Gazette.
- 22d agoNEGATIVEMexico Breached NAFTA in Vulcan Materials Dispute, ICSID Finds
An international arbitration ruling by ICSID found that Mexico breached its North American Free Trade Agreement (NAFTA) obligations in its dealings with Vulcan Materials Co.'s limestone operations. This decision contradicts Mexico's prior claims of a favorable outcome and highlights significant legal and regulatory risks for foreign investors operating within the country. The ruling could impact future foreign direct investment into Mexico and may lead to calls for increased governmental oversight and compliance with international trade agreements. Investors in Vulcan Materials may see this as a positive development, potentially leading to compensation or a more favorable operating environment.
- 5/25/2026POSITIVEHere's How Much $1000 Invested In Vulcan Materials 15 Years Ago Would Be Worth Today
An investment of $1000 in Vulcan Materials Company 15 years ago would have grown to approximately $7,500 today, representing a significant return on investment. This performance highlights the company's sustained growth and operational efficiency over the past decade and a half. Vulcan Materials, a leading producer of construction aggregates, has benefited from infrastructure spending and a robust housing market. Investors who held the stock have seen substantial capital appreciation, underscoring the company's resilience and strategic market positioning.
- 3/2/2026POSITIVEHere's How Much You Would Have Made Owning Vulcan Materials Stock In The Last 15 Years
Markets Gazette highlights the remarkable historical performance of Vulcan Materials Company (VMC) over the past fifteen years. Investors who held the company's shares have witnessed significant returns, showcasing the robustness and consistent growth of the construction materials giant. This positive trajectory underscores the sector's resilience and VMC's ability to generate long-term value, making it an interesting case study for those considering durable investments in the infrastructure and materials sector. While past performance is not indicative of future results, it offers an encouraging perspective on the stability and capital appreciation potential for shareholders.
via Markets Gazette