Vulcan Materials Reports Q2 2025 Results Amidst Weather Challenges, Reaffirms Full-Year Outlook

VMC
October 06, 2025

Vulcan Materials Company reported its second-quarter 2025 results on July 31, 2025, with total revenues increasing 4.4% year-over-year to $2,102 million. Despite this growth, the company missed market revenue expectations. Net earnings attributable to Vulcan rose 4.2% to $321 million, or $2.43 per diluted share, while adjusted diluted EPS of $2.45 was 2.8% below analysts' consensus estimates.

Adjusted EBITDA for the quarter increased 9.5% to $660 million, with the Adjusted EBITDA margin expanding 150 basis points to 31.4%. The aggregates segment's cash gross profit per ton grew 9% to $11.88 per ton, marking the tenth consecutive quarter of double-digit compounding improvement on a trailing-twelve months basis. This profitability was achieved despite a 1% decrease in aggregates shipments, primarily due to significant rainfall in key Southeastern markets.

Freight-adjusted selling prices for aggregates increased 5% to $22.11 per ton, demonstrating continued pricing discipline. The company reaffirmed its full-year 2025 Adjusted EBITDA guidance of $2.35 billion to $2.55 billion, indicating confidence in its ability to navigate challenges and capitalize on an acceleration in new highway construction activity in its markets.

The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.