
Vulcan Materials Revenue Climbs 6% to $7.78B Amid Pricing Gains
Vulcan Materials CompanyDescription
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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