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0:00 / 0:00I. Business Overview and Strategy
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Vulcan Materials Revenue Climbs 6% to $7.78B Amid Pricing Gains

VMC10-KFiling Date: 2/22/2024
Vulcan Materials Company
Description

What this story covers

Vulcan Materials' 2023 10-K highlights robust performance with revenues up 6 percent to 7 point 78 billion dollars, driven by 15 point 9 percent aggregates price increases despite flat shipments. Gross profit rose 25 percent to 25 percent margin, Adjusted EBITDA up 24 percent to 2 point 01 billion dollars. Strategy focuses on high-growth U.S. markets, acquisitions, and sustainability. 2024 outlook: Prices up 10-12 percent, EBITDA 2 point 15 billion to 2 point 30 billion dollars. Risks include cyclical demand, Mexico operations, and environmental regs. Strong liquidity supports capex and returns.

Story snapshot

CompanyVulcan Materials Company
TickerVMC
VariantStandard detailed
Duration17:04
Filing type10-K
PeriodAnnual 2023
IndustryMaterials
Accession0001396009-24-000006

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