Vulcan(VMC) - 2025 Q3 - Earnings Call Presentation

Financial Performance (Q3 2025) - Total Revenues reached $2,292 million, a 14% increase compared to the same quarter last year[8] - Aggregates Cash Gross Profit per Ton increased by 9% to $11.84[8] - Aggregates Gross Profit Margin improved by 250 bps to 34.2%[8] - Adjusted EBITDA increased by 27% to $735 million, with a margin of 32.1%, up 310 bps[8] Financial Performance (Year-to-Date) - Total Revenues reached $6,029 million, an 8% increase[8] - Aggregates Cash Gross Profit per Ton increased by 12% to $11.52[8] - Aggregates Gross Profit Margin improved by 230 bps to 32.0%[8] - Adjusted EBITDA increased by 20% to $1,806 million, with a margin of 30.0%, up 290 bps[8] - Net cash provided by operating activities was $1,710 million[10] Capital Allocation - Capital deployed for strategic acquisitions amounted to $2,068 million[10] - Investments in maintenance and growth projects, including greenfields, totaled $655 million[10] - $294 million was returned to shareholders through dividends and share repurchases[10] Market Trends - Public construction contract awards in Vulcan markets increased by 17% as of September 30, 2025, compared to a 5% increase in other markets[12] - Private nonresidential construction in Vulcan markets increased by 7% as of September 30, 2025[13] Outlook - The company anticipates Adjusted EBITDA between $2.35 billion and $2.45 billion for 2025[16]