Vulcan Materials Company (Holdi (VMC) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Vulcan Materials Company (Holdi

NYSE•Basic Materials•Building Materials

$281.25+0.94(<0.01%)Pre-market

Market Cap

$37.33B

P/E

33.8x

P/S

4.7x

P/B

4.4x

Vulcan Materials Company produces and supplies construction aggregates in the United States. It operates through three segments: Aggregates, Asphalt, and Concrete. The company provides crushed stone, sand and gravel, sand, and other aggregates for use in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities; aggregates that are used as ballast for construction and maintenance of railroad tracks; riprap and jetty stones for use in erosion control along roads and waterways; asphalt mix; asphalt construction paving services; and ready-mixed concrete products. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

How this company scores

AverageMetricSide Score: 58/100

Strongest: Profitability (17/25); weakest: Cash & Earnings Quality (12/25).

Profitability17/25

Growth13/25

Balance Sheet & Red Flags16/25

Cash & Earnings Quality12/25

Strengths

Strong marginsLow leverageConsistent free cash flowConsistent growth

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 33.8x5y range 31.3x – 41.3x

Currently near its 20-quarter median.

P/S · 4.7x5y range 2.9x – 5.1x

Currently near its 20-quarter median.

P/B · 4.4x5y range 2.8x – 4.8x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Price & Volume

Market Cap $37.33B

Metrics at a Glance

as of September 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $8.01B
Q. Revenue: $2.18B
TTM EBITDA: $2.34B
TTM Op. Income: $1.62B
Q. Op. Income: $524.60M
TTM Net Income: $1.10B
Q. Net Income: $362.30M
EPS: $2.81
Shares Out.: $129.10M

$8.01B in TTM revenue grew 1.6% YoY, reaching $2.18B last quarter. TTM EBITDA of $2.34B and TTM operating income of $1.62B show growth is flowing through to the bottom line. TTM net income of $1.10B means revenue is converting into profit. Over the past year, TTM revenue is up 2% — a weakening trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 30.5%
EBITDA Margin: 32.3%
Op. Margin: 24.0%
Net Margin: 16.6%

Op. margin of 24.0% is up 0.3% YoY — cost efficiency is improving. Net margin at 16.6% and gross margin of 30.5% show how much of each revenue dollar survives to profit. Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 33.8x
P/S Ratio: 4.7x
P/B Ratio: 4.4x

At 33.8x P/E, the stock trades above typical market levels — the market expects above-average growth. P/S of 4.7x and P/B of 4.4x provide additional context. P/E sits above typical market levels while revenue growth is below 5%. Over the past year, P/E is down 5% — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $16.70B
Cash: $106.60M
Long-Term Debt: $3.97B
Book Value: $8.41B
D/E Ratio: 0.5
Debt/EBITDA: 5.6

With $16.70B in assets and $3.97B in long-term debt, D/E is 0.5and book value is $8.41B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 6% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $386.40M
TTM Free Cash Flow: $781.20M
FCF Margin: 9.8%
FCF / Net Income: 0.7

TTM FCF of $781.20M on $386.40M in operating cash flow. The FCF / Net Income ratio of 0.7x means free cash flow covers net income — earnings are backed by cash. Across the last 8 quarters, free cash flow has fallen for 3 consecutive quarters — a weakening trend.