Core Viewpoint - Vulcan Materials Company will host its second quarter 2025 earnings conference call on July 31, 2025, at 10:00 a.m. CT, with financial results released before the NYSE market opens [1]. Company Information - Vulcan Materials Company is the largest supplier of construction aggregates in the United States, primarily providing crushed stone, sand, and gravel [3]. - The company is also a major producer of aggregates-based construction materials, including asphalt and ready-mixed concrete [3]. - Vulcan is a member of the S&P 500 index and is headquartered in Birmingham, Alabama [3].

March 2025 Durable Growth Vulcan at a Glance Vulcan is the leading aggregates supplier in the U.S., with an unmatched footprint that covers the nation's high growth markets Note: Figures as of 12/31/2024 Adjusted EBITDA is a Non-GAAP Measure. See Appendix for reconciliation. 423 active aggregates operations 220 million tons of aggregates shipped $7.4 billion of revenues Top 10 revenue state 2.3x net debt/adjusted EBITDA Investor Relations Presentation March 2025 2 $2.1 billion adjusted EBITDA Value Proposit ...

Core Viewpoint - Vulcan Materials (VMC) has received an upgrade to a Zacks Rank 2 (Buy), indicating a positive outlook based on rising earnings estimates, which significantly influence stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system focuses on changes in earnings estimates as a key determinant of stock ratings, with the consensus estimate for Vulcan showing an increase of 1.4% over the past three months [2][8]. - For the fiscal year ending December 2025, Vulcan is expected to earn $8.64 per share, reflecting a 14.7% increase from the previous year [8]. Institutional Investor Influence - Changes in earnings estimates are strongly correlated with stock price movements, largely due to institutional investors who adjust their valuations based on these estimates, leading to significant buying or selling activity [4][5]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with only the top 20% of stocks receiving a 'Strong Buy' or 'Buy' rating, indicating superior earnings estimate revisions [9][10]. - The upgrade of Vulcan to a Zacks Rank 2 places it in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].

Core Viewpoint - Vulcan Materials (VMC) shares have increased by approximately 0.6% since the last earnings report, underperforming the S&P 500, raising questions about the sustainability of this trend leading up to the next earnings release [1] Group 1: Earnings Report and Market Reaction - The most recent earnings report indicates that estimates have trended downward over the past month [2] - Investors and analysts are closely monitoring the stock's performance as it approaches the next earnings release [1] Group 2: VGM Scores and Investment Strategy - Vulcan has an average Growth Score of C, a Momentum Score of A, and a Value Score of D, placing it in the bottom 40% for the value investment strategy [3] - The aggregate VGM Score for Vulcan is C, which is relevant for investors not focused on a single strategy [3] Group 3: Outlook and Future Expectations - The downward trend in estimates suggests a negative shift in expectations for the stock, with a Zacks Rank of 3 (Hold) indicating an anticipated in-line return in the coming months [4]

Industry Overview - The Zacks Building Products - Concrete & Aggregates industry is experiencing cautious optimism in 2025, primarily driven by public sector demand supported by the Infrastructure Investment and Jobs Act (IIJA) [1] - The residential and private nonresidential sectors are facing challenges due to high interest rates and affordability issues, while the industrial segment, particularly data center and warehouse construction, is stabilizing [1][3] - Companies like Vulcan Materials Company and Martin Marietta Materials are leveraging favorable trends to navigate uncertainties in the macroeconomic landscape, weather-related issues, and increased labor costs [1] Trends Influencing the Industry - The Infrastructure Investment and Jobs Act, along with other legislative measures, signifies a strong commitment to revitalizing American infrastructure, which is expected to provide a solid foundation for growth in construction companies [3] - The industry is focusing on acquisitions and operational efficiency to enhance domestic and international portfolios while maximizing earnings and cash flows [4] - Industry players are facing challenges from fluctuating input prices, weather-related risks, and a shortage of skilled labor, which can impact production schedules and profitability [5] Industry Performance and Valuation - The Zacks Building Products - Concrete & Aggregates industry ranks 96, placing it in the top 39% of over 250 Zacks industries, indicating solid near-term prospects [6][7] - The industry's earnings estimates for 2025 have increased from $2.08 to $2.23 per share, reflecting growing confidence in earnings growth potential [8] - Over the past year, the industry has underperformed the S&P 500 and the broader construction sector, with a collective loss of 7.6% compared to a 10.8% gain in the S&P 500 [10] Current Valuation Metrics - The industry is currently trading at a forward 12-month price-to-earnings (P/E) ratio of 21.4X, slightly below the S&P 500's 21.59X and above the sector's 18.17X [13] - Historically, the industry has traded between a high of 24.39X and a low of 13.86X over the past five years, with a median of 20.08X [13] Company Highlights - **Vulcan Materials Company**: Focuses on strategic initiatives to enhance price performance and operational efficiencies, with a 2025 EPS estimate of $8.63, reflecting a 14.6% growth from the previous year [17][18] - **Martin Marietta**: Capitalizes on strategic acquisitions and robust demand in public infrastructure, with a 2025 EPS estimate of $18.86, indicating a focus on optimizing its portfolio and enhancing margin-generation capabilities [21][22]

Vulcan Materials Company (VMC) reported mixed first-quarter 2025 results, with adjusted earnings surpassing the Zacks Consensus Estimate but revenues missing the same.Vulcan shares rose 1.5% in Wednesday’s pre-market trading following its earnings release, likely reflecting improved investor sentiment driven by the company’s reaffirmed outlook despite ongoing macroeconomic headwinds.Vulcan’s aggregates-driven business model, combined with its disciplined execution of the Vulcan Way of Selling and Operating, ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-33841 VULCAN MATERIALS COMPANY (Exact name of registrant as specified in its charter) New Jersey (State or other jurisdiction of ...

For the quarter ended March 2025, Vulcan Materials (VMC) reported revenue of $1.63 billion, up 5.8% over the same period last year. EPS came in at $1.00, compared to $0.80 in the year-ago quarter.The reported revenue represents a surprise of -2.56% over the Zacks Consensus Estimate of $1.68 billion. With the consensus EPS estimate being $0.79, the EPS surprise was +26.58%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine th ...

Vulcan Materials Company (VMC) Q1 2025 Earnings Call April 30, 2025 10:00 AM ET Speaker0 Good morning. Welcome everyone to the Vulcan Materials Company First Quarter twenty twenty five Earnings Call. My name is David, and I'll be your conference call coordinator today. Please be reminded that today's call is being recorded and will be available for replay later on the company's website. All lines have been placed in a listen only mode. After the company's prepared remarks, there will be a question and answe ...

Financial Data and Key Metrics Changes - The company reported a 20% year-over-year improvement in cash gross profit per ton, leading to a 27% increase in adjusted EBITDA and a 420 basis points expansion in adjusted EBITDA margin [6][7] - Free cash flow generated over the last twelve months was $869 million, representing a 93% conversion of net earnings [14] - The net debt to adjusted EBITDA leverage ratio was 2.2 times, with over $190 million in cash on hand [15] Business Line Data and Key Metrics Changes - Aggregates shipments were 1% lower than the prior year, but the freight adjusted price improved by 7% year-over-year [8][9] - Cash unit profitability in asphalt and concrete expanded by 19% and 77% respectively, contributing to a total cash gross profit improvement of over 50% [10] - The aggregates cash gross profit grew to $10.99 per ton, nearing the company's goal of $11 to $12 per ton [9] Market Data and Key Metrics Changes - Private demand is expected to face challenges, while public demand remains strong, particularly in highway and non-highway infrastructure [11][12] - Capital plans in nine of the top ten states are increasing, with $45 billion in transportation spending initiatives passed in key states [13] - The company noted that warehouse activity appears to be stabilizing, and data center activity continues to accelerate [12] Company Strategy and Development Direction - The company is focused on compounding profitability through organic growth and strategic acquisitions, maintaining a disciplined approach to capital allocation [6][14] - The Vulcan Way of selling and operating is emphasized as a key driver for performance, allowing the company to navigate macroeconomic volatility [18] - The company expects to deliver between $2.35 billion and $2.55 billion of adjusted EBITDA in 2025 [13] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ability to execute despite increasing macroeconomic volatility driven by trade policy uncertainty and interest rate trajectories [10][11] - The company anticipates that the timing of interest rate reductions will influence the return of residential construction activity [11] - Management noted that while private non-residential demand is varied, public construction is poised for steady demand growth [12] Other Important Information - Capital expenditures for the quarter were $105 million, with expectations to spend between $750 million and $800 million for the full year [16] - The company is closely monitoring the impacts of tariffs but does not anticipate a material effect on earnings [16] Q&A Session Summary Question: Thoughts on mid-year price increases and cost cadence - Management indicated strong momentum with prices up 7% and mix adjusted up 8.5%, maintaining guidance of 5% to 7% for mid-year price increases [22][23] Question: Update on organic rock volumes - Management expects a guidance of 3% to 5% for organic volumes, with challenges on the private side but healthy growth on the public side [30] Question: Impact of administrative policy on project starts - Management reported no significant impact from administrative policy changes, with highway funding flowing as expected [38] Question: Outlook on costs for the rest of the year - Management noted a 3% decrease in costs for the quarter, attributing it to improved operating efficiencies and controlled spending [41][42] Question: Insights on project delays or cancellations - Management stated that projects that have started are not being canceled or put on hold, indicating a healthy backlog [50] Question: Impact of tariffs on the business - Management does not foresee a significant impact from tariffs on the business, emphasizing their ability to offset cost volatility [86][88] Question: Update on plant automation initiatives - Management indicated that instrumentation has been implemented in top plants, with full efficiencies expected to be realized over the next year [131]