Vulcan Materials Co
VMC
Market Cap$35.28B
Close$
Earnings Call Q4 2024
February 18, 2025 - AI Summary
Strong Q4 Performance: Vulcan Materials reported $550 million in adjusted EBITDA for the fourth quarter of 2024, marking a 16% year-over-year improvement. This was the eighth consecutive quarter of improved adjusted EBITDA margins, indicating strong operational execution despite market fluctuations.
Pricing and Profitability Outlook: The company expects freight-adjusted aggregates price growth of 5% to 7% in 2025, driven by continued pricing momentum. This includes a projected negative mix impact of over 100 basis points from recent acquisitions. Importantly, their cash gross profit per ton increased 12% YoY to $11.50, and they aim for continued double-digit margin growth.
Volume Growth Expectations: While 2025 aggregate shipments are anticipated to increase by 3% to 5%, the growth is primarily sourced from recent acquisitions and expected stability in their legacy business. This optimism is tempered by challenges in private non-residential construction.
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$239.49
10.8% downside
Current Fair Value
10.8% downsideOvervalued by 10.8% based on the discounted cash flow analysis.
Share Statistics
| Market cap | $35.28 Billion |
|---|---|
| Enterprise Value | $40.14 Billion |
| Dividend Yield | $1.87 (0.700243400112339%) |
| Earnings per Share | $6.89 |
| Beta | 0.8 |
| Outstanding Shares | 132,400,000 |
Return
| Return on Equity | - |
|---|---|
| Return on Assets | - |
| Return on Invested Capital | - |
Valuation & Multiples
| P/E Ratio | 37.69 |
|---|---|
| PEG | 147.73 |
| Price to Sales | 4.79 |
| Price to Book Ratio | 4.4 |
| Enterprise Value to Revenue | 5.35 |
| Enterprise Value to EBIT | 28.36 |
| Enterprise Value to Net Income | 42 |
| Total Debt to Enterprise | 0.13 |
| Debt to Equity | 0.62 |
Revenue Sources
No data
Insider Trades
ESG Score
No data
About Vulcan Materials Co
8,373 employees
CEO: J. Thomas Hill Vulcan Materials Company, a member of the S&P 500 index with headquarters in Birmingham, Alabama, is the nation's largest producer of construction aggregates – primarily crushed stone, sand and gravel – and a major producer of aggregates...