Vulcan Materials Company is a leading producer and supplier of construction materials, including crushed stone, sand, and gravel, as well as aggregates-based products like asphalt and ready-mixed concrete. Headquartered in Birmingham, Alabama, the company operates over 400 facilities across 22 states, the District of Columbia, Mexico, and the Bahamas. With approximately 12,000 employees, Vulcan plays a pivotal role in infrastructure development and construction projects throughout these regions.
The company's mission is to provide quality products and services that consistently meet customer expectations, while being responsible stewards regarding safety and environmental impact. Vulcan's vision focuses on delivering superior returns for shareholders and recognizing that success is directly related to the talents and performance of its employees.
Vulcan's strategic focus centers on the production and distribution of construction aggregates, which constitute the core of its business operations. The company specializes in producing various grades of crushed stone, sand, and gravel used in construction applications. Additionally, Vulcan manufactures asphalt mix and ready-mixed concrete, catering to both public and private sector customers involved in infrastructure projects such as roads, bridges, and commercial buildings.
The company has a strong presence in high-growth metropolitan areas, particularly in the Sun Belt region, where population growth and construction activity have been robust. Vulcan's extensive reserve positions in these regions provide a competitive advantage, ensuring a steady supply of materials to meet market demand.
Vulcan Materials Company is publicly traded on the New York Stock Exchange under the ticker symbol VMC. As of June 23, 2025, the stock price is $261.04, with a market capitalization of approximately $35.8 billion. In the fiscal year ending December 2023, Vulcan reported revenues of $7.781 billion, operating income of $1.379 billion, and net income of $933 million. The company's total assets stood at $14.234 billion, with total liabilities of $7.282 billion and total equity of $6.952 billion.
Vulcan has a history of strategic acquisitions to expand its operations and market reach. Notably, in June 2021, the company announced the acquisition of U.S. Concrete for $1.3 billion, enhancing its ready-mixed concrete capabilities and geographic footprint. In 2024, Vulcan entered into agreements to acquire Superior Ready Mix Concrete, L.P., and WAKE STONE CORPORATION, further strengthening its position in the construction materials industry.
Vulcan Materials Company operates through four primary divisions: Aggregates, Asphalt, Concrete, and Calcium. The Aggregates division is the largest, producing crushed stone, sand, and gravel essential for construction projects. The Asphalt division manufactures hot-mix asphalt for road construction and maintenance, while the Concrete division produces ready-mixed concrete for various construction applications. The Calcium division produces calcium products used in industrial and environmental applications.
The company's extensive network of quarries, strategically located near growing metropolitan areas, creates significant barriers to entry and provides durable competitive advantages. Vulcan's commitment to sustainability and environmental stewardship is evident through investments in technologies and practices that reduce its environmental footprint, such as water recycling, energy-efficient equipment, and land reclamation efforts.
Vulcan Materials Company's leadership team is composed of experienced professionals guiding the company's strategic direction and operations. Key executives include:
- J. Thomas Hill: Chairman and Chief Executive Officer.
- Mary Andrews Carlisle: Senior Vice President and Chief Financial Officer.
- Ronnie A. Pruitt: Chief Operating Officer.
- Stanley G. Bass: Chief Strategy Officer.
- Krzysztof Soltan: Chief Information Officer.
These leaders bring extensive experience in the construction materials industry, contributing to Vulcan's growth and operational excellence.
The construction materials industry is highly competitive, with several key players operating alongside Vulcan Materials Company. Notable competitors include:
- Martin Marietta Materials: A leading producer of aggregates and heavy building materials, operating quarries and facilities across the United States.
- Owens Corning: Develops, manufactures, and markets insulation, roofing, and fiberglass composite materials.
- Minerals Technologies: A specialty minerals company that develops, produces, and markets mineral-based products and services.
- MDU Resources Group: Engages in regulated energy delivery and construction materials and services businesses.
- U.S. Concrete: A supplier of aggregates and ready-mixed concrete, acquired by Vulcan in 2021.
Vulcan's competitive advantages stem from its extensive reserve positions in high-growth metropolitan areas, particularly in the Sun Belt region, where population growth and construction activity have been robust. The company owns or controls approximately 16 billion tons of aggregates reserves, providing it with decades of production capacity. Additionally, Vulcan benefits from the high barriers to entry in the aggregates industry, including limited availability of economically viable deposits, extensive permitting requirements, and high transportation costs that create natural geographic monopolies within specific radius areas around production facilities.
Vulcan Materials Company has engaged in strategic collaborations and partnerships to strengthen its market position and expand capabilities. In 2024, the company entered into agreements to acquire Superior Ready Mix Concrete, L.P., and WAKE STONE CORPORATION, enhancing its product offerings and geographic reach. These acquisitions align with Vulcan's strategy to grow through targeted acquisitions and organic expansion.
Vulcan's strategic roadmap focuses on capitalizing on infrastructure investment opportunities, expanding its geographic footprint through acquisitions, and investing in sustainable practices to reduce its environmental impact. The company's strong financial position and extensive reserves position it well to achieve these objectives and continue delivering value to shareholders.
Stock market information for Vulcan Materials Co (VMC)
- Vulcan Materials Co is a equity in the USA market.
- The price is 261.04 USD currently with a change of 4.96 USD (0.02%) from the previous close.
- The latest open price was 256.11 USD and the intraday volume is 930332.
- The intraday high is 261.26 USD and the intraday low is 255.12 USD.
- The latest trade time is Monday, June 23, 21:20:00 UTC.
