Financial Performance Highlights - Aggregates gross profit margin increased by 320 basis points to 26.7%[7] - Aggregates cash gross profit per ton increased by 20% to $10.63[7] - Adjusted EBITDA increased by 27% to $411 million[7] - Adjusted EBITDA margin increased by 420 basis points to 25.1%[7] Aggregates Business - Aggregates volume decreased by 1% to 47.8 million tons[8] - Freight-adjusted price for aggregates increased by 7% to $22.03 per ton[8] - Cash cost of sales for aggregates decreased by 3% to $11.40 per ton[8] - Cash gross profit for aggregates increased by 20% to $10.63 per ton[8] Downstream Business - Asphalt cash gross profit increased by 19% to $7.54 per ton, with volume up 4% to 2.2 million tons[12] - Concrete cash gross profit increased by 77% to $20.01 per cubic yard, with volume up 15% to 0.9 million cubic yards[12] Capital Allocation and Outlook - The company anticipates Adjusted EBITDA between $2.35 billion and $2.55 billion, a 19% increase at the midpoint compared to 2024[15]
Vulcan(VMC) - 2025 Q1 - Earnings Call Presentation