o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 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 September 30, 2022 OR 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 jurisdictio ...

Vulcan Materials Company (NYSE:VMC) Q3 2022 Earnings Conference Call November 2, 2022 10:00 AM ET Company Participants Mark Warren - Vice President of Investor Relations Thomas Hill - Chairman, President and Chief Executive Officer Mary Carlisle - Senior Vice President and Chief Financial Officer Conference Call Participants Stanley Elliott - Stifel, Nicolaus & Company, Inc. Trey Grooms - Stephens Inc. Jerry Revich - Goldman Sachs Group, Inc. Philip Ng - Jefferies LLC Michael Dahl - RBC Capital Markets Mich ...

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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 June 30, 2022 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 ...

Vulcan Materials Company (NYSE:VMC) Q2 2022 Results Conference Call August 4, 2022 10:00 AM ET Company Participants Mark Warren - VP, IR Tom Hill - Chairman and CEO Suzanne Wood - SVP and CFO Mary Andrews Carlisle - VP, Finance Conference Call Participants Stanley Elliott - Stifel Trey Grooms - Stephens Garik Shmois - Loop Capital Anthony Pettinari - Citi Jerry Revich - Goldman Sachs Brian Biros - Thompson Research Group Chris Kalata - RBC Capital Markets Michael Feniger - Bank of America David MacGregor - ...

Financial Performance - Total revenues for Q1 2022 increased by $472.4 million, or 44%, to $1,540.7 million compared to Q1 2021[123] - Gross profit increased by $39.5 million, or 17.2%, to $268.8 million, while gross profit margin decreased to 17.4% from 21.5%[123] - Net earnings attributable to Vulcan decreased by $68.8 million, or 43%, to $91.8 million, with diluted earnings per share at $0.69 compared to $1.20 in Q1 2021[130] - Adjusted EBITDA for Q1 2022 was $293.9 million, an increase of $49.6 million, or 20%, from the previous year[123] - Adjusted EBITDA for Q1 2022 was $293.9 million, compared to $244.3 million in Q1 2021, representing a 20.3% increase[154] - Adjusted diluted EPS attributable to Vulcan from continuing operations was $0.73 in Q1 2022, compared to $0.69 in Q1 2021, indicating a 5.8% increase[156] - Earnings attributable to Vulcan from continuing operations were $0.70 per diluted share, down from $1.21 per diluted share in the prior year[143] Sales and Shipments - Aggregates segment sales rose by $226.3 million, or 25%, to $1,121.2 million, with shipments increasing by 14% to 53.0 million tons[123] - Total aggregates shipments increased by 14% to 53.0 million tons compared to 46.4 million tons in the prior year's first quarter[132] - Freight-adjusted sales price for aggregates increased by 5.8%, or $0.85 per ton, to $15.52[123] - Freight-adjusted pricing rose by 5.8% year-over-year, equating to an increase of $0.85 per ton, with mix-adjusted pricing up by 6.9%[133] Costs and Expenses - Freight-adjusted unit cash cost of sales increased by 11%, or $0.88 per ton, compared to the prior year's first quarter[134] - SAG expenses were $119.0 million, representing 7.7% of total revenues, influenced by overhead expenses from U.S. Concrete operations[139] - Net interest expense increased to $35.9 million in the first quarter of 2022, compared to $33.1 million in the same period of 2021[142] - The aggregates segment gross profit margin decreased to 21.7% from 25.0% in the prior year[150] - Same-store gross profit margin excluding freight and delivery was 31.3%, compared to 32.1% in the prior year[151] Capital Expenditures and Investments - Capital expenditures in Q1 2022 were $122.7 million, with expectations to spend $600 million to $650 million for the full year[122] - The company invested $160.4 million in existing operations in Q1 2022, up from $100.7 million in the same period of 2021, with $34.4 million allocated to internal growth projects[165] Debt and Financial Ratios - The ratio of total debt to trailing-twelve months Adjusted EBITDA was 2.7 times, remaining within the long-term target leverage range of 2.0 to 2.5 times[123] - Net debt as of March 31, 2022, was $3,845.4 million, with a net debt to trailing-twelve months Adjusted EBITDA ratio of 2.6x, up from 1.4x in 2021[155] - Total debt as of March 31, 2022, was $3,978.4 million, up from $2,788.3 million in 2021[155] - The company had a trailing-twelve months Adjusted EBITDA to total debt ratio of 2.7 times as of March 31, 2022[170] - The weighted-average effective interest rate for term debt was 3.72% as of March 31, 2022[169] Shareholder Returns - The company returned $4.1 million to shareholders through increased dividends, raising the dividend per share from $0.37 to $0.40[167] Economic and Market Risks - The company actively manages its capital structure to balance the cost of capital and risk of financial stress, including the use of interest rate swaps[197] - The company is exposed to economic risks related to pension and other postretirement benefit plans, influenced by changes in discount rates and expected returns on plan assets[199] - The company does not enter into derivative financial instruments for trading or speculative purposes, focusing instead on managing market risks[196] Acquisitions and Market Position - The company completed acquisitions of aggregates businesses in Texas during the quarter, enhancing its market position[122] Cash Flow and Financing Activities - Net cash provided by operating activities was $175.6 million in Q1 2022, a $6.3 million increase compared to Q1 2021[163] - Net cash used for investing activities was $302.5 million in Q1 2022, a $388.3 million increase compared to cash provided of $85.8 million in Q1 2021[165] - Net cash provided by financing activities was $18.4 million in Q1 2022, compared to cash used of $562.2 million in Q1 2021, which included a $100.0 million net draw on the line of credit[166] - As of March 31, 2022, the available borrowing capacity under the line of credit was $830.4 million, with $100.0 million borrowed[173] Other Financial Information - The company had no off-balance sheet arrangements as of March 31, 2022[180] - As of March 31, 2022, the estimated fair value of the company's long-term debt, including current maturities, was $4,094.2 million compared to a face value of $3,947.2 million[198] - A decline in interest rates of one percentage point would increase the fair value of the company's debt by approximately $0.3 million[198]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2021 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 incorporation ...

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 September 30, 2021 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 jurisdictio ...

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 June 30, 2021 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 ...

Q2 2021 SUPPLEMENTAL INFORMATION FOR EARNINGS CONFERENCE CALL AUGUST 4, 2021 Disclaimer Safe Harbor This document contains forward-looking statements. Statements that are not historical fact, including statements about Vulcan's beliefs and expectations, are forward-looking statements. Generally, these statements relate to future financial performance, results of operations, business plans or strategies, projected or anticipated revenues, expenses, earnings (including EBITDA and other measures), dividend pol ...