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Vulcan Materials Company (VMC)
NYSE:VMC
Earnings Data
Report Date
May 06, 2026Before Open (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
1.18Last Year’s EPS
1Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed strong financial and operational momentum — above-target aggregate cash gross profit per ton ($11.33), robust adjusted EBITDA growth (+13%), margin expansion, meaningful cash generation (+29% operating cash flow) and balance-sheet deleveraging (net debt/EBITDA 1.8x). Management provided constructive 2026 guidance (shipments +1–3%, ASP +4–6%, adjusted EBITDA $2.4–$2.6B) and highlighted a healthy backlog and a large data-center pipeline. Near-term headwinds include weaker single-family housing demand, Q4 timing/weather-related costs and mix-related price pressure from base/fill shipments and prior-year hurricane relief comps. Overall, positives (strong profitability, cash flow, leverage improvement, disciplined cost control and attractive backlog) materially outweigh the identified transitory and macro-dependent challenges.Company Guidance
Adjusted EBITDA Growth and Margin Expansion
Adjusted EBITDA of $2,300,000,000, a 13% increase versus prior year; adjusted EBITDA margin expanded 160 basis points to 29.3%.
Aggregate Cash Gross Profit Per Ton — Target Achieved
Aggregate cash gross profit per ton reached $11.33 (within the prior target of $11–$12), improving 7% for the year and up ~55% from $7.33 four-plus years ago.
Strong Cash Generation and Capital Returns
Operating cash flow exceeded $1,800,000,000 (up 29% year-over-year); free cash flow increased by over 40% after $678,000,000 of reinvestment; returned $260,000,000 in dividends and $438,000,000 in share repurchases.
Deleveraging and Liquidity Actions
Net debt to adjusted EBITDA was 1.8x at year-end; issued $2,000,000,000 of long-term notes in Q4, redeemed $400,000,000 of 2025 notes in March and repaid $550,000,000 of commercial paper to reduce interest expense.
Shipment and Pricing Performance
Aggregate shipments ~227 million tons, up 3% for the full year (Q4 shipments +2%); aggregates mix-adjusted selling price increased 6% for the year and 5% in Q4.
Cost Control and SG&A Discipline
Aggregates units cash cost of sales increased less than 2% for the full year; SG&A was $564,000,000 and declined 10 basis points as a percentage of revenue to 7.1%.
Operational Momentum and Backlog Composition
Bookings/backlog strengthened (large projects 25k+ tons now ~45% of bookings vs historical ~30%); data center pipeline a major catalyst (150,000,000 sq ft under construction and ~450,000,000 sq ft announced, with >70% within 30 miles of a Vulcan facility); trailing 12-month highway starts in Vulcan markets growing faster than U.S. average.
Financial & Operational Guidance for 2026
2026 guidance: aggregate shipments +1–3%, freight-adjusted ASP +4–6%, aggregates units cash cost of sales up low single-digits, another year of at least high single-digit growth in aggregates cash gross profit per ton, and adjusted EBITDA guided to $2,400,000,000–$2,600,000,000; CapEx planned at $750,000,000–$800,000,000.
VMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VMC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 17, 2026 | $327.65 | $302.22 | -7.76% |
Oct 13, 2025 | $300.92 | $302.23 | +0.44% |
Jul 31, 2025 | $271.85 | $273.75 | +0.70% |
Apr 30, 2025 | $244.08 | $260.98 | +6.92% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Vulcan Materials Company (VMC) report earnings?
Vulcan Materials Company (VMC) is schdueled to report earning on May 06, 2026, Before Open (Confirmed).
What is Vulcan Materials Company (VMC) earnings time?
Vulcan Materials Company (VMC) earnings time is at May 06, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VMC EPS forecast?
VMC EPS forecast for the fiscal quarter 2026 (Q1) is 1.18.