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Vulcan(VMC) - 2023 Q4 - Earnings Call Presentation

Financial Performance - Total Revenues reached $73 billion, a 32% increase[5] - Adjusted EBITDA was $1626 billion, up by 12%[5] - Aggregates Gross Profit increased by 9% to $1408 billion[5] - Aggregates Cash Gross Profit per Ton increased by 5% to $783[5] Aggregates Business - Aggregates volume decreased by 6% to 542 million tons in 4Q 2022[8] - Freight-Adjusted Price for aggregates increased by 14% to $1696 per ton in 4Q 2022[8] - Cash Gross Profit for aggregates increased by 11% to $819 per ton in 4Q 2022[8] - Total Cash Cost of Sales for aggregates increased by 17% to $877 per ton in 4Q 2022[8] Asphalt & Concrete Business - Asphalt Average Sales Price increased 24% to $7506 per ton, while Cash Gross Profit increased 114% to $942 per ton in 4Q 2022[10] - Concrete volume decreased 15% to 23 million cyds, but Average Sales Price increased 14% to $15758 per cyd in 4Q 2022[11] Outlook - The company anticipates 11% Growth in Adjusted EBITDA, driven by double-digit price growth offsetting cost inflation[14]