# Vulcan Materials Company(Holding Company) (VMC) — Stock CV

Vulcan Materials Company(Holding Company) is a $31.7B materials company. Revenue grew 6.9% over the last year, it keeps 14¢ of every dollar of sales as profit, and its net debt equals ~4.1 years of free cash flow. It trades at 28.4× earnings — near the lowest of its own history.

> Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama.

## Identity

- **Ticker**: VMC
- **Sector**: Basic Materials
- **Industry**: Mining & Quarrying Of Nonmetallic Minerals (No Fuels)
- **Headquarters**: BIRMINGHAM, AL
- **Employees**: 11 172
- **Website**: https://www.vulcanmaterials.com
- **Market cap**: $31.7B
- **Last price**: $244.58
- **Financial profile**: Solid

## Vitals (TTM)

- **Revenue**: $8.12B
- **Net income**: $1.12B
- **Free cash flow**: $1.03B
- **Net debt**: $4.18B
- **P/E**: 28.4
- **Revenue growth (YoY)**: 6.9%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 69 |
| Growth | 72 |
| Profitability | 64 |
| Health | 73 |
| Quality | 97 |
| Moat | 49 |

## Qualifications (beginner checklist) — 11 of 11 passed

- [x] Revenue growing — +6.9% YoY
- [x] Profitable — $1.12B TTM
- [x] Profit growing — +23.5% YoY
- [x] Generates cash — $1.03B TTM
- [x] Debt under control — ~4.1y of cash flow to repay
- [x] Established company — $31.7B market cap
- [x] Not printing shares — -0.4% shares over ~5y
- [x] Proven track record — 10/10 profitable years
- [x] Financially stable — Altman Z 3.3 — safe
- [x] Pays a dividend — yield 0.83%
- [x] Valuation not extreme — P/E 28.4

## Experience (career milestones)

- **FY2025** — Best year on record: $1.08B net income
- **FY2016** — Profitable every year on record: 10 consecutive profitable years in our data
- **FY2016** — Revenue already above $1B: $3.59B in first reported year
- **FY2016** — Positive free cash flow every year since: 10-year streak
- **Nov 16, 2007** — Vulcan completed the acquisition of Florida Rock on November 16, 2007
- **2005** — Vulcan acquired 11 aggregates operations and five asphalt plants in Arizona, Georgia, Indiana and Tennessee
- **1916** — The company was later acquired by the Ireland family in 1916, who expanded it
- **1909** — Vulcan Materials Company was founded in 1909 as the Birmingham Slag Company by Solon Jacobs and Henry Badham in…

## Strengths

- Interest covered 7.1× by operating earnings
- Piotroski F-Score 9/9 — fundamentally strong checklist
- Altman Z-Score 3.34 — low bankruptcy-risk zone

## Watch-outs

- None stand out in the data.

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $5.55B | $671M | $561M |
| FY2022 | $7.32B | $576M | $536M |
| FY2023 | $7.78B | $933M | $664M |
| FY2024 | $7.42B | $912M | $806M |
| FY2025 | $7.94B | $1.08B | $1.14B |

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Source: https://stockcv.com/VMC — derived from company filings; may be delayed or incomplete. Information, not investment advice.