Vulcan Materials Company (VMC) financials
Vulcan Materials revenue and earnings by year
Vulcan Materials's revenue was $7.94 billion in the fiscal year to December 31, 2025, up 7.1% from the year before. Net income was $1.08 billion, 13.6% of revenue. Since the fiscal year to December 31, 2016, revenue has grown 9.2% a year on average.
Fiscal years, each labelled by the calendar year it ended in.
Income statement, the last 10 fiscal years
| Fiscal year to | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7.94 | 7.42 | 7.78 | 7.32 | 5.55 | 4.86 | 4.93 | 4.38 | 3.89 | 3.59 |
| Revenue growth | 7.1% | -4.7% | 6.4% | 31.8% | 14.3% | -1.5% | 12.5% | 12.7% | 8.3% | — |
| Gross profit | 2.17 | 2.00 | 1.95 | 1.56 | 1.37 | 1.28 | 1.26 | 1.10 | 0.99 | 0.99 |
| Gross margin | 27.4% | 27.0% | 25.0% | 21.3% | 24.7% | 26.4% | 25.5% | 25.1% | 25.5% | 27.5% |
| Operating income | 1.62 | 1.45 | 1.46 | 1.02 | 1.02 | 0.90 | 0.88 | 0.75 | 0.64 | 0.67 |
| Operating margin | 20.4% | 19.6% | 18.7% | 13.9% | 18.3% | 18.4% | 17.8% | 17.1% | 16.4% | 18.5% |
| Net income | 1.08 | 0.91 | 0.93 | 0.58 | 0.67 | 0.58 | 0.62 | 0.52 | 0.60 | 0.42 |
| Net margin | 13.6% | 12.3% | 12.0% | 7.9% | 12.1% | 12.0% | 12.5% | 11.8% | 15.5% | 11.7% |
| Diluted EPS | $8.11 | $6.85 | $6.98 | $4.31 | $5.02 | $4.39 | $4.64 | $3.85 | $4.46 | $3.10 |
| Free cash flow | 1.16 | 0.86 | 0.76 | 0.57 | 0.78 | 0.72 | 0.62 | 0.39 | 0.20 | 0.32 |
Diluted EPS is stated in today's shares (adjusted for every split since). Quarterly statements and the income statement as a flow chart are in the app: open VMC in Markets.
How Vulcan Materials makes money
Revenue by segment in the quarter to September 30, 2026, as the company reports it.
| Segment | Revenue | Share |
|---|---|---|
| Aggregates | $1.82B | 82.7% |
| Asphalt | $381M | 17.3% |
See also: VMC valuation and P/E history · VMC returns
No forecast, no recommendation. This page describes Vulcan Materials Company from published data; it is not advice to buy, sell or hold any security.
Figures as of the close on Oct 30, 2026 unless a row says otherwise. Prices are split adjusted; returns include dividends reinvested. Data may be delayed. See the disclaimer and how TrendArc works.