Vulcan Materials Company (VMC) |
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Price: $269.4200
$2.56
0.959%
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Day's High:
| $270.25
| Week Perf:
| -0.06 %
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Day's Low: |
$ 267.55 |
30 Day Perf: |
11.12 % |
Volume (M): |
935 |
52 Wk High: |
$ 272.73 |
Volume (M$): |
$ 251,800 |
52 Wk Avg: |
$212.95 |
Open: |
$267.85 |
52 Wk Low: |
$161.45 |
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Market Capitalization (Millions $) |
36,020 |
Shares
Outstanding (Millions) |
134 |
Employees |
11,437 |
Revenues (TTM) (Millions $) |
7,782 |
Net Income (TTM) (Millions $) |
935 |
Cash Flow (TTM) (Millions $) |
788 |
Capital Exp. (TTM) (Millions $) |
873 |
Vulcan Materials Company
Vulcan Materials Company, a New Jersey corporation incorporated in 1956, and its
subsidiaries'are principally engaged in the production, distribution and sale
of construction materials ("Construction Materials") and chloralkali
and other industrial chemicals ("Chemicals"). Construction Materials
and Chemicals are both reported as segments. Vulcan is the nations largest producer
of construction aggregates, a major producer of asphalt and ready-mixed concrete,
and a significant chemicals producer, producing chloralkali and other industrial
chemicals.
Construction Materials
Our Construction Materials business consists of the production, distribution
and sale of construction aggregates and other construction materials and related
services. Construction aggregates include crushed stone, sand and gravel, rock
asphalt, recrushed concrete and crushed slag (a by-product of blast iron and
steel production). Aggregates are employed in virtually all types of construction,
including highway construction and maintenance, and in the production of asphaltic
and portland cement concrete mixes. Aggregates also are widely used as railroad
track ballast. The remaining sales in the Construction Materials segment result
from other products and services including asphalt mix and related products,
ready-mixed concrete, trucking services, water transportation services , paving
construction, and several other businesses.
Competition and Customers
All of our products are marketed under highly competitive conditions, including
competition in price, service and product performance. There are a substantial
number of competitors in both the Construction Materials segment and the Chemicals
segment.
We are the largest construction aggregates producer in the United States. We
estimate that the top ten producers in the nation represent less than a third
of the total national market, resulting in highly fragmented markets in some
areas. Therefore, depending on the market, we compete with a number of large,
national and small, local producers. Since construction aggregates are expensive
to transport, the main competitive factor in the construction aggregates business
is having a transportation advantage over competitors. Our strategy is to gain
a significant market presence in the metropolitan areas that demographers expect
will experience the largest absolute growth in population in the future. We
have facilities located on waterways and rail lines which substantially increase
our geographic market reach through the availability of lower rail and water
transportation cost per unit.
Our Chemicals segment competes throughout the United States with numerous companies,
including some of the nations largest chemical companies, in the production
and sale of our lines of chemicals. The segment competes principally on the
basis of quality, price and technical support for our products.
Company Address: 1200 Urban Center Drive Birmingham 35242 AL
Company Phone Number: 298-3000 Stock Exchange / Ticker: NYSE VMC
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Customers Net Income grew by |
VMC's Customers Net Profit Margin fell to |
2.78 % |
7.32 %
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Stock Performances by Major Competitors |
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Vulcan Materials Company
Vulcan Materials Company (NYSE:VMC) recently released its financial results for the fourth quarter of 2023. The results indicate a mixed performance, with accelerated EPS growth but underperformance compared to competitors in the Construction Raw Materials sector. This article will outline the key facts and interpret the financial results, shedding light on Vulcan Materials' profit margins, revenue, inventory levels, and accounts receivable. Additionally, it will highlight some recent news about the company's quarterly dividend and stock performance. Financial Results Overview: - EPS growth: Vulcan Materials Company experienced significant EPS growth during the fourth quarter of 2023, with a growth rate of 90.53%. The EPS reached $1.70 per share, compared to the income growth rates achieved in the comparable period the previous year. - Revenue growth: The company's revenue grew by 5.907% to $1.83 billion, indicating positive growth in this aspect.
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Dividend
Published Fri, Feb 9 2024 9:30 PM UTC
Vulcan Materials Increases Quarterly Dividend on Common Stock, Maintains Strong Position Among Peers BIRMINGHAM, Ala., Feb. 8, 2024 - Vulcan Materials Company (NYSE: VMC) has announced its decision to increase its quarterly cash dividend on its common stock to $0.46 per share. This move reflects the company's continued commitment to rewarding its shareholders and providi...
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Vulcan Materials Company
Financial News Report: Vulcan Materials Company Reports Strong Q3 2023 Earnings Vulcan Materials Company (VMC) has reported impressive earnings in the third quarter of the 2023 earnings season. The company witnessed a significant jump in earnings by 55.64% to $2.07 per share, compared to the same period last year. Additionally, the company's revenue grew moderately by 4.669% to $2.19 billion, showcasing steady growth in comparison to its industry peers. Compared to its contemporaries in the Construction Raw Materials industry, which experienced an overall revenue elevation of 2.80% in the same quarter, Vulcan Materials Company's top-line advancements are commendable.
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Vulcan Materials Company
Vulcan Materials Company, a leading Construction Raw Materials company, has announced impressive financial results for the period of April to June 30, 2023. The latest data indicates a significant surge in revenue, profitability, net earnings, and profit margins. Additionally, increased inventories and accounts receivable signify rising demand and potential growth. These results hint at a promising outlook for the company moving forward. Expanding Revenue and Profitability: One notable highlight of Vulcan Materials Company's financial results is the 8.115% increase in revenue for the April to June 30, 2023 period. Generating $2.11 billion compared to $1.95 billion in the previous year, this growth showcases the company's ability to capture market share and capitalize on higher demand.
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Vulcan Materials Company
Vulcan Materials Company, a leading supplier of construction materials, announced a solid performance in the fiscal time-period ending March 31, 2023. The company's revenue increased by 7.029% from $1.54 billion to $1.65 billion in comparison to the previous year. Additionally, the company's earnings per share rose by 30.43% from $0.69 in the prior year quarter to $0.90 in the current year-quarter. However, in contrast to Q4, there was a decrease of -4.787% in revenue from $1.73 billion and an increase of 0.82% in earnings per share from $0.89. Nonetheless, the first quarter of the 2023 earnings season saw a net profit of $120.900 million, a 31.27% increase from net earnings of $92.100 million in the first quarter of the previous year.
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Per Share |
Current |
Earnings (TTM) |
6.98 $ |
Revenues (TTM) |
58.21 $
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Cash Flow (TTM) |
5.89 $ |
Cash |
7.1 $
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Book Value |
56.16 $
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Dividend (TTM) |
1.71 $ |
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Per Share |
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Earnings (TTM) |
6.98 $
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Revenues (TTM) |
58.21 $ |
Cash Flow (TTM) |
5.89 $ |
Cash |
7.1 $
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Book Value |
56.16 $ |
Dividend (TTM) |
1.71 $ |
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Vulcan Materials's Operating Statistics
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Decrease / Increase
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Aggregates Customer (thousands tons shipped) |
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Aggregates Internal (thousands tons shipped) |
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Total Aggregates (thousands tons shipped) |
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Asphalt mix (thousands tons shipped) |
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Concrete (thousands cubic yards shipped) |
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Average Revenue per ton Aggregates ($) |
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Average Revenue per ton Asphaltic products ($) |
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Cement (thousands tons) |
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Average Revenue per ton Cement ($) |
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Average Revenue per cubic yard Concrete ($) |
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