Vulcan Materials Company

$19.00

SKU: VMC-1 Category:

Description

Vulcan Materials Company delivered a positive result and managed an all-around beat in the last quarter, exceeding its previous goal of $9 per ton cash gross profit on a trailing 12-month basis. This achievement was a testament to the resilience of their Aggregates-led business despite unforeseen macroeconomic challenges over the past four years. The core of their success lies in their commitment to the “Vulcan Way of Selling” and “Vulcan Way of Operating” strategic disciplines, which have consistently driven profitability across their coast-to-coast footprint. Vulcan Materials reported an impressive $602 million adjusted EBITDA in the latest quarter, marking a remarkable 19% year-over-year improvement. The Aggregates, Asphalt, and Concrete product lines demonstrated consistent gross margin improvements. Despite a slight decrease in shipments, their Aggregates segment saw a 200 basis point expansion in gross margin, with an 18% increase in cash gross profit per ton. Private nonresidential construction activities, particularly in the Southeast, have been a key driver of volume growth. Asphalt’s gross margin improved by 660 basis points, with a notable 11% increase in shipments. The management remains optimistic about the growth potential in residential, private nonresidential construction, and public infrastructure.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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