Vulcan Materials (VMC)
Produces construction aggregates, asphalt mix, and ready-mixed concrete across U.S. growth markets.
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Produces and sells crushed stone, sand, and gravel for public infrastructure and private construction, alongside asphalt mix and ready-mixed concrete. Most profit comes from aggregates, whose transportation costs favor quarries and distribution terminals close to demand.
Produces crushed stone, sand, and gravel for roads, bridges, airports, utilities, homes, and commercial projects. Aggregates are the core business, supported by asphalt mix and ready-mixed concrete; recent divestitures of Houston asphalt and California concrete operations sharpened that focus while quarry and rail assets extended the distribution footprint.
Concentrates permitted reserves around growing U.S. metropolitan markets. Most aggregate shipments leave producing locations by truck, while rail, barge, and ship links reach coastal markets with limited nearby deposits of suitable rock. This network matches a heavy, transportation-intensive material with demand near construction sites.
Serves both publicly funded infrastructure and private residential and nonresidential construction. Results depend on construction activity, infrastructure appropriations, weather, energy and freight costs, and the ability to secure and permit strategically located reserves; trucking economics keep most aggregates markets local.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Sep 9, 2026 | Wells Fargo | Downgrade | Target: $305 | Target: $254 |
| Sep 9, 2026 | Citigroup | Downgrade | ||
| Jul 8, 2026 | UBS | Reiterate | Rating: —Target: $318 | Target: $349 |
| Jun 30, 2026 | RBC Capital | Reiterate | Rating: —Target: $298 | Target: $293 |
| Jun 2, 2026 | Berenberg Bank | Target | Target: $180 | Target: $283 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $194.2M · Total debt $4.89B · Total assets $16.44B · Shareholders' equity $8.46B
- Revenue
- $2.16B
- Operating income
- $425.3M
- Net income
- $323.4M
HistoryDividendAnnual yield
| Institutions | 99.52% | 128.96M shares | |
|---|---|---|---|
| 1,093 holders · as of Jun 30, 2026 | |||
| Insiders | 0.19% | 242.4K shares | |
| 15 holders · as of Aug 25, 2026 | |||
| Other | 0.29% | 375.4K shares | |
| remainder | |||
129.58M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 7.50% | 9.72M | as of Jun 30, 2026 |
State Farm Mutual Automobile Insurance CoInstitution | 7.35% | 9.52M | as of Jun 30, 2026 |
Vanguard Capital Management LLCInstitution | 6.54% | 8.47M | as of Jun 30, 2026 |
Vanguard Portfolio Management LLCInstitution | 5.41% | 7.02M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.74% | 6.15M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Aug 21, 2026 | J. Thomas Hill | director | −14,000 | $276.17 |
| Aug 7, 2026 | David P. Clement | officer: Senior Vice President | −2,000 | $285.10 |
| Jun 15, 2026 | David P. Clement | officer: Senior Vice President | −2,212 | $292.29 |
| Feb 20, 2026 | Melissa H. Anderson | director | −1,137 | $303.72 |
| Dec 11, 2025 | Thompson S. Ii Baker | officer: President | −7,135 | $300.81 |
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- Knife River
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Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Vulcan Materials | $245.42 | −0.32% | $31.90B | 29.0 | 25.0 | 3.9 | +2.5% |
| Martin Marietta | $498.51 | −0.23% | $30.01B | 12.3 | 25.5 | 4.5 | +7.5% |
| CRH | $87.13 | −0.01% | $58.23B | — | — | — | +5.6% |
| Amrize | $39.06 | +1.22% | $21.36B | 17.7 | 15.1 | 1.8 | +8.5% |
| Eagle Materials | $180.54 | +0.78% | $5.50B | 14.2 | 13.9 | 2.4 | +2.6% |
| Cemex (ADR) | $10.01 | −0.15% | $14.54B | 6.3 | 11.0 | 0.9 | +1,975.1% |
| Knife River | $55.06 | −0.64% | $3.15B | 22.6 | 18.0 | 1.0 | +12.6% |
| Median | 14.2 | 15.1 | 1.8 | +8.0% |