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Companies / Materials / Vulcan Materials Company
VMC

Vulcan Materials Company

MaterialsMiningS&P 500
Ticker VMCBIRMINGHAM, ALFiscal year ends DecemberBook value per share $64.71Diluted shares 130.8M

Vulcan Materials Company (NYSE: VMC) operates as the nation's largest supplier of construction aggregates and a major producer of aggregates-intensive downstream products. The company's website is www.vulcanmaterials.com. From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$7.94BFY2025
+7.1% year over year
Last 12 mo $8.12B
20.40%FY2025
+2 percentage points
Last 12 mo 20.25%
$1.08BFY2025
+18.1% year over year
Last 12 mo $1.12B
12.63%FY2025
+0.6 percentage points
Last 12 mo 13.18%
Cash & financing
$1.81BFY2025
+28.6% year over year
Last 12 mo $1.80B
$1.14BFY2025
+40.8% year over year
Last 12 mo $1.03B
0.51FY2025
Was 0.65× a year earlier
Last 12 mo 0.52
132.7MFY2025
−0.3% year over year
Last 12 mo 130.8M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Vulcan Materials Company does

In the company’s own words

Vulcan Materials Company (NYSE: VMC) operates as the nation's largest supplier of construction aggregates and a major producer of aggregates-intensive downstream products. The company's website is www.vulcanmaterials.com.

Vulcan produces and sells crushed stone, sand, gravel, asphalt mix, and ready-mixed concrete primarily throughout the United States. The company maintains a coast-to-coast footprint serving 34 of the top 50 highest-growth metropolitan statistical areas across 23 states, Washington D.C., and select international markets. As of 2025, Vulcan operated 425 active aggregates facilities, 71 asphalt facilities, and 76 concrete facilities, with approximately 310,000 acres in its land portfolio containing 16.6 billion tons of proven and probable aggregates reserves.

The company organizes its business into three reportable segments. The Aggregates segment represents the core business and comprises the majority of revenues, producing construction aggregates used as base materials for highways, airports, and railroads, as well as in residential and nonresidential construction. The Asphalt segment produces and sells asphalt mix in six states and provides paving services in select markets. The Concrete segment produces and sells ready-mixed concrete in five states and Washington D.C.

Vulcan's products serve both public and private sector construction markets. Approximately 40 to 55 percent of aggregates shipments historically support publicly-funded construction including highways, airports, and government buildings, while the remainder serves private residential and nonresidential construction. The company serves over 25,000 customers with no single customer accounting for more than 2 percent of total revenues.

The company has grown substantially through strategic acquisitions since becoming public in 1956, completing over 30 acquisitions during the past decade. Notable historical acquisitions include CalMat Co. in 1999, Florida Rock Industries in 2007, Aggregates USA in 2017, and U.S. Concrete in 2021. Vulcan's competitive advantages include its extensive distribution network utilizing trucks, rail, barges, and ocean vessels; strategically located permitted reserves near high-growth markets; operational excellence and safety performance substantially exceeding industry averages; and scale advantages in procurement and administrative functions across its diversified geographic footprint.

Company details
Sector
Materials
Industry (SIC)
Mining
Headquarters
BIRMINGHAM, AL
Fiscal year end
December
CIK
1396009
SIC
1400

Financial performance, year by year

Fiscal 2013–2025 · USD
$-811.58M$1.62B$4.06B$6.49B$8.93B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Vulcan Materials Company — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

708
funds hold it
3 of 35
superinvestors hold it
$16.12B
held by funds, at market
42.2%
of shares held by funds
7
bond issues held by funds

Superinvestors in Vulcan Materials Company · what they did last quarter

Chris HohnNEW
TCI Fund Management
1.4%of 13F portfolio
Wallace WeitzDECREASED -4.9%
Weitz Investment Management
4.2%of 13F portfolio
Tom RussoUNCHANGED
Gardner Russo & Quinn
<0.1%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Vulcan Materials Company’s weight in each

MidCap Fund
PMBMX · Principal Funds, Inc
—of fund net assets
VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.06%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.37%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.06%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Vulcan Materials Company’s bonds, as funds hold them

Funds report holding 7 issues of Vulcan Materials Company’s debt, $484.41M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 4.67%, maturing 2027 to 2054.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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