Vulcan Materials (VMC) Stock Overview
Produces and supplies construction aggregates in the United States. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 3/6 |
| Dividends | 4/6 |
VMC Community Fair Values
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Analyst Price Targets
Vulcan Materials Company Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$240.83 |
| 52 Week High | US$331.09 |
| 52 Week Low | US$241.77 |
| Beta | 1.05 |
| 1 Month Change | -12.84% |
| 3 Month Change | -20.48% |
| 1 Year Change | -19.13% |
| 3 Year Change | 20.04% |
| 5 Year Change | 36.79% |
| Change since IPO | 29,925.57% |
Recent News & Updates
Seeking Alpha • Sep 15
Vulcan Materials Company: Clear Path To Doubling EBITDA
Summary Vulcan Materials Company is positioned as a high-margin, infrastructure-focused 'picks and shovels' play within the Heavy Assets, Low Obsolescence, or HALO, theme. Aggregates drive 90% of VMC's gross profit, with a 72.7-year reserve life and a focus on unit profitability, evidenced by a 45% increase in cash gross profit per ton since 2022. VMC management targets a doubling of EBITDA in five to six years via M&A, greenfield expansion, and steady per-ton margin growth, despite cyclical construction demand risks. VMC trades at a premium (15.9x EV/EBITDA), but robust financial strength, capital return commitments, and infrastructure tailwinds support long-term capital appreciation potential. Read the full article on Seeking Alpha
Narrative Update • Sep 10
VMC: Mexico Ruling And Infrastructure Demand Will Support Balanced Risk Reward
Analysts have trimmed the Vulcan Materials fair value estimate from $256.24 to $250.26, reflecting a mix of more cautious long term volume and government spending assumptions, alongside ongoing views from several firms about the potential for higher earnings and P/E multiples over time. Analyst Commentary Recent Street research on Vulcan Materials shows a split in views, but there is a clear pocket of caution that focuses on government spending trends, interest rates, and volume risk.Recent updates
Seeking Alpha • Sep 15
Vulcan Materials Company: Clear Path To Doubling EBITDA
Summary Vulcan Materials Company is positioned as a high-margin, infrastructure-focused 'picks and shovels' play within the Heavy Assets, Low Obsolescence, or HALO, theme. Aggregates drive 90% of VMC's gross profit, with a 72.7-year reserve life and a focus on unit profitability, evidenced by a 45% increase in cash gross profit per ton since 2022. VMC management targets a doubling of EBITDA in five to six years via M&A, greenfield expansion, and steady per-ton margin growth, despite cyclical construction demand risks. VMC trades at a premium (15.9x EV/EBITDA), but robust financial strength, capital return commitments, and infrastructure tailwinds support long-term capital appreciation potential. Read the full article on Seeking AlphaNarrative Update • Sep 10
VMC: Mexico Ruling And Infrastructure Demand Will Support Balanced Risk Reward
Analysts have trimmed the Vulcan Materials fair value estimate from $256.24 to $250.26, reflecting a mix of more cautious long term volume and government spending assumptions, alongside ongoing views from several firms about the potential for higher earnings and P/E multiples over time. Analyst Commentary Recent Street research on Vulcan Materials shows a split in views, but there is a clear pocket of caution that focuses on government spending trends, interest rates, and volume risk.Analysis Article • Aug 01
Analysts Are Updating Their Vulcan Materials Company (NYSE:VMC) Estimates After Its Second-Quarter Results
Shareholders might have noticed that Vulcan Materials Company ( NYSE:VMC ) filed its second-quarter result this time...
Narrative Update • Jun 22
VMC: Aggregates Focus And Buybacks Will Support Earnings Through Market Reset
The latest narrative update on Vulcan Materials reflects a reset in the consolidated analyst price target to $283. Analysts cite a mix of adjusted long-term revenue growth and profit margin assumptions, along with a slightly lower future P/E outlook, to better align with recent coverage initiations and revised targets across the Street.Analysis Article • Jun 20
Vulcan Materials (VMC) Stock Could Be 7.9% Undervalued After Asset Deals And Dividend
Vulcan Materials (VMC) is in focus after a series of portfolio moves and capital decisions, including exiting California ready-mixed concrete, acquiring new aggregates assets, and declaring a quarterly dividend that could influence how investors view the stock. See our latest analysis for Vulcan Materials. Recent moves to exit California concrete, expand aggregates in Colorado and Texas, and maintain a cash dividend come against a backdrop of strong momentum. A 15.55% 1 month share price...Narrative Update • Jun 06
VMC: DOJ Ruling And Public Construction Strength Will Support Balanced Risk Reward
Narrative Update: Vulcan Materials The analyst price target for Vulcan Materials tightened slightly, with updated modeling showing fair value moving from about $256.61 to $256.24, as analysts balance the company’s strong aggregates position and attractive construction exposure with more neutral views on valuation, slower housing and commercial markets, and mixed recent target revisions across the Street. Analyst Commentary Recent research on Vulcan Materials highlights a mix of neutral ratings and targeted price adjustments, reflecting a balance between the company’s strong aggregates footprint and concerns around market conditions and valuation.
Narrative Update • May 23
VMC: Capital Returns And Aggregates Exposure Will Drive Shares Into 2026
Analysts have nudged the blended price target for Vulcan Materials slightly lower to about $329, reflecting a mix of recent target cuts and raises as they factor in updated margin expectations, demand headwinds, and revised sector models. Analyst Commentary Recent research on Vulcan Materials reflects a split view, with some analysts trimming targets and others lifting them, as they recalibrate expectations after weaker Q4 margins, updated guidance, and sector model changes.Narrative Update • May 07
VMC: Capital Returns And Volume Outlook Will Drive Shares Into 2026
Analysts have made a modest upward adjustment to the Vulcan Materials price target to about $329, citing mixed but generally constructive recent research that reflects updated assumptions on growth, margins, and valuation multiples across the coverage group. Analyst Commentary Recent research on Vulcan Materials reflects a mixed but engaged analyst community, with several firms fine tuning price targets and ratings after the Q4 earnings miss, updated guidance, and shifts in pricing and mix.Narrative Update • Apr 21
VMC: Highway Spending Upswing And Buybacks Will Support Margins Through Guidance Reset
Narrative Update on Vulcan Materials The analyst price target for Vulcan Materials has been trimmed by $10 to $365. This reflects updated models that incorporate slightly higher discount rates, modestly adjusted long term P/E assumptions, and recent Street research citing valuation, margin headwinds, and mixed guidance following the Q4 earnings miss.Narrative Update • Apr 06
VMC: Post Q4 Margin Reset And Mixed Outlook Likely To Constrain Upside
Analysts have trimmed the Vulcan Materials price target by about $3 to $257. This reflects recent cuts and mixed views on margins, valuation, and demand following the Q4 earnings miss and updated guidance.Narrative Update • Mar 23
VMC: Mixed Post Q4 Outlook And Buybacks Will Likely Contain Future Upside
Vulcan Materials' analyst price target has been trimmed by about $4 to roughly $260 per share as analysts balance reduced revenue growth assumptions with slightly better margin and P/E inputs following mixed Q4 results and updated guidance across recent research notes. Analyst Commentary Recent research on Vulcan Materials reflects a split view, with some large firms lifting price targets while others turn more cautious after the Q4 earnings miss and guidance reset.Narrative Update • Mar 08
VMC: Highway Spending Upswing Will Support Margins Despite Near Term Guidance Reset
The updated analyst fair value estimate for Vulcan Materials moves slightly higher to $375 from $370, as analysts balance weaker near term guidance and Q4 margin pressure highlighted in recent downgrades with longer term earnings and margin assumptions reflected in several raised price targets. Analyst Commentary Recent Street research on Vulcan Materials reflects a mixed setup, with some high profile caution on valuation and guidance alongside a cluster of higher fair value markers from bullish analysts focused on the multiyear earnings story.Narrative Update • Feb 22
VMC: Highway Spending, Capital Returns And Execution Risks Will Shape Shares Into 2026
Our updated analyst price target for Vulcan Materials edges slightly lower to about $328 from roughly $329, as analysts factor in mixed reactions to the recent Q4 earnings miss, modest volume expectations into 2026, and differing views on valuation and the pace of medium term growth. Analyst Commentary Recent Street research around Vulcan Materials reflects a split view, with some analysts leaning into the long term story despite the Q4 earnings miss, and others taking a more cautious stance on valuation and near term execution risks.Narrative Update • Feb 08
VMC: Highway Spending And Execution Risks Will Shape Shares Into 2026
Analysts have lifted their fair value estimate for Vulcan Materials by about $7 to roughly $328, after recent research highlighted updated price targets, fresh bullish initiations, and reassessments of the company’s P/E assumptions and discount rate. Analyst Commentary Bullish and cautious voices are both active around Vulcan Materials right now, and the recent changes to price targets and ratings give you a useful snapshot of how the Street is thinking about valuation and execution risk.Narrative Update • Jan 24
VMC: Recent Bullish Commentary Will Likely Limit Future Return Potential
Analysts have lifted their fair value estimate on Vulcan Materials to about $264 from roughly $240, reflecting updated assumptions for growth, profitability, and a higher future P/E multiple following a mix of bullish initiations and price target changes on the stock. Analyst Commentary Recent Street research on Vulcan Materials shows a mixed tone, with some bullish initiations and price target changes balanced by more cautious voices that are pushing back after the stock's recent gains.Narrative Update • Jan 10
VMC: Highway Spending And Firmer Margins Will Guide Shares Into 2026
Analysts have nudged their price expectations for Vulcan Materials higher, with the implied fair value moving from about $317.70 to $321.50 as they factor in updated price targets and see potential support from highway project spending and firmer margins. Analyst Commentary Recent research updates on Vulcan Materials highlight a mix of optimism around project activity and pricing, alongside some quieter caution around expectations in the broader machinery and construction group.Narrative Update • Dec 26
VMC: Highway Spending Upswing Will Drive Volumes And Margin Expansion Into Late Decade
Analysts have nudged their price target on Vulcan Materials modestly higher, citing improved expectations for volumes and margins supported by accelerating U.S. infrastructure spending and firmer pricing. This results in a low single digit percentage increase that lifts the target into the low to mid 300 dollar range.Narrative Update • Dec 12
VMC: Highway Spending Upswing Will Drive Stronger Volumes And Margin Expansion
Analysts have raised their fair value estimate for Vulcan Materials to $370 from $340, reflecting higher confidence in margin expansion and volume upside, supported by recent price target increases and constructive sector commentary. Analyst Commentary Bullish analysts have recently raised their price targets on Vulcan Materials, underscoring a constructive outlook on both near term execution and longer term earnings power.Narrative Update • Nov 28
VMC: Highway Spending Acceleration And Construction Activity Will Shape Shares Into 2026
Analysts have increased their price targets for Vulcan Materials, with the most notable raise to $340. They cite expectations of stronger volumes from accelerating highway spending and improved pricing trends.Narrative Update • Nov 12
VMC: Highway Spending And Sector Recovery Will Influence Shares Into 2026
Analysts have raised their price target for Vulcan Materials by approximately $2 to $317.70. This change reflects optimism over improving margins and anticipated benefits from infrastructure spending and industry inventory trends.Analysis Article • Nov 02
Analysts Are Updating Their Vulcan Materials Company (NYSE:VMC) Estimates After Its Third-Quarter Results
Last week saw the newest third-quarter earnings release from Vulcan Materials Company ( NYSE:VMC ), an important...Narrative Update • Oct 29
Highway Project Spending And Pricing Trends Will Sustain Balanced Opportunity Ahead
Analysts have increased their price target for Vulcan Materials from $308.50 to $315.91. They cite improving volumes, higher pricing, and positive margin trends as key factors behind the revision.Narrative Update • Oct 14
IIJA Funding And Sunbelt Projects Will Drive Long-Term Demand
Analysts have raised their fair value estimate for Vulcan Materials from $304.05 to $308.50, citing moderate adjustments to sector outlooks and continued profit resilience. Analyst Commentary Recent analyst coverage of Vulcan Materials reflects both optimism and caution as the company navigates changing sector dynamics and expectations for construction markets through 2026 and beyond.Analysis Article • Sep 22
Estimating The Fair Value Of Vulcan Materials Company (NYSE:VMC)
Key Insights The projected fair value for Vulcan Materials is US$336 based on 2 Stage Free Cash Flow to Equity Vulcan...Narrative Update • Sep 04
IIJA Funding And Sunbelt Projects Will Drive Long-Term Demand
Analysts maintained a bullish outlook on Vulcan Materials, citing strong profit growth, sustained margin improvement, and robust revenue performance following a positive Q2 earnings report, with the consensus price target remaining unchanged at $304.05. Analyst Commentary Upward revision in price target reflects confidence in Vulcan Materials' profit growth without reliance on operating leverage.Shareholder Returns
| VMC | US Basic Materials | US Market | |
|---|---|---|---|
| 7D | -4.7% | -1.8% | 0.5% |
| 1Y | -19.1% | -20.4% | 12.0% |
Return vs Industry: VMC exceeded the US Basic Materials industry which returned -20.4% over the past year.
Return vs Market: VMC underperformed the US Market which returned 12% over the past year.
Price Volatility
| VMC volatility | |
|---|---|
| VMC Average Weekly Movement | 4.2% |
| Basic Materials Industry Average Movement | 5.0% |
| Market Average Movement | 6.8% |
| 10% most volatile stocks in US Market | 15.2% |
| 10% least volatile stocks in US Market | 2.9% |
Stable Share Price: VMC has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: VMC's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1909 | 11,548 | Ronnie Pruitt | www.vulcanmaterials.com |
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.
Vulcan Materials Company Fundamentals Summary
| VMC fundamental statistics | |
|---|---|
| Market cap | US$31.68b |
| Earnings (TTM) | US$1.12b |
| Revenue (TTM) | US$8.12b |
27.9x
P/E Ratio3.8x
P/S RatioIs VMC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| VMC income statement (TTM) | |
|---|---|
| Revenue | US$8.12b |
| Cost of Revenue | US$5.88b |
| Gross Profit | US$2.23b |
| Other Expenses | US$1.12b |
| Earnings | US$1.12b |
Last Reported Earnings
Jun 30, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 8.62 |
| Gross Margin | 27.51% |
| Net Profit Margin | 13.76% |
| Debt/Equity Ratio | 51.4% |
How did VMC perform over the long term?
See historical performance and comparisonDividends
0.9%
Current Dividend Yield24%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/09/18 21:49 |
| End of Day Share Price | 2026/09/18 00:00 |
| Earnings | 2026/06/30 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Vulcan Materials Company is covered by 36 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Coleman | Argus Research Company |
| Adam Seiden | Barclays |
| "Adam Seiden | Barclays |