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Vulcan Materials Company (VMC)

Basic Materials Out of favour

Vulcan Materials is a giant in the construction world, providing the essential crushed stone, sand, and gravel that form the backbone of our roads and buildings.

$268.57

Is Vulcan Materials Company a good stock for a UK beginner?

The honest version: There's no rating here and nothing for sale. In its favour: Essential business model with high barriers to entry for competitors. Worth weighing: High valuation multiples suggest investors have high expectations. Below, we lay out what it does, what its numbers mean, and the honest risks, so you can decide for yourself.

No rating · no target price · nothing for sale here
Price-0.9%
= past earnings-report date
Priced in USD - as a UK investor your £ return also moves with the pound-to-dollar exchange rate, on top of the share price itself.
52-week range+7% past year
$268.57
Low $252.35High $331.09
Where today's price sits versus its past year - context, not a signal.
If you had put $1,000 into Vulcan Materials Company
$991-1%

Over about 2 years to 2026-07-31. This is the share price only - reinvesting the dividends would add to it. And it's the USD return - as a UK investor your actual £ return also moves with the exchange rate. Past performance is not a guide to the future, and it could just as easily have fallen.

How much has Vulcan Materials Company actually fallen?

−24%

Over the last 2 years of daily prices, Vulcan Materials Company fell as much as −24% from a high to a later low. Drops of this size are a normal part of owning a share - worth knowing in advance, so a dip doesn't come as a shock.

Worst peak-to-trough fall in the daily closing price over the period we hold. Past falls are not a forecast - it can fall further, or recover.

Market cap: The company's total value on the stock market - share price times the number of shares. Big = 'large-cap', small = 'small-cap'.
$34.80B
Avg volume: How many shares change hands on a typical day. Higher means it's easy to buy or exit without moving the price.
1.17M
Day range: The lowest and highest price the shares traded at during the latest day.
$266.68 – $273.04
52-week range: The lowest and highest the shares have traded over the past year - a sense of how wide the swings have been.
$252.35 – $331.09
P/E ratio: Price-to-earnings: the share price divided by yearly profit per share. Lower can mean cheaper; higher often means investors expect fast growth.
31.6
Dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone.
0.8%
Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down.
1.05
How bumpy is it?Beta: How bumpy the share price is versus the whole market. Above 1 swings more than the market; below 1 is calmer. It's about the ride, not whether it goes up or down. 1.05
Calm
Wild
Roughly in step with the market

Based on beta - how much the price swings versus the whole market. Bumpier isn't bad; it just means a rougher ride, which matters more the sooner you might need the money.

Why has it been moving?▲ +1% past week · ▲ +7% past year

Prices move on results, news and the mood of the whole market - no single headline explains a day, and a quiet week is usually just noise, not a signal.

The bull case

Significant national investment in modernising transport networks.

The bear case

Prolonged economic stagnation leads to a halt in large-scale projects.

What does Vulcan Materials Company do?

Think of Vulcan as the bedrock of the American construction industry; they mine and supply the raw materials needed for everything from motorways to skyscrapers. Selling these heavy, bulky materials to contractors and government projects is where the money is, a business that leans heavily on local demand and infrastructure spending. How much the US government spends on public works is the key driver, since this is the primary engine that keeps their quarries busy.

VQGMI
Factor profile

On our factor screen it looks strongest on income and quality, and weakest on growth.

Value: How cheap the stock looks versus profits, sales and assets (higher = cheaper). 35Quality: How profitable and financially healthy the company is (higher = stronger). 46Growth: How fast revenue and earnings are growing (higher = faster). 24Momentum: How the share price has been trending recently (higher = stronger recent run). 25Income: The dividend income on offer and how sustainable it looks (higher = more/steadier). 59
Quick checks
What's strong
  • Essential business model with high barriers to entry for competitors.
  • Strong earnings growth compared to the previous year.
  • Deeply embedded in the physical development of the US economy.
What to watch
  • Growth screens low (24/100)
  • Momentum screens low (25/100)
  • Heavy reliance on government infrastructure budgets which can be unpredictable.
  • Rising fuel and energy costs can squeeze profit margins.
  • Sensitivity to interest rates which impact the affordability of construction projects.

What do Vulcan Materials Company's numbers mean?

P/E
35.0
This shows how much investors are currently paying for every pound of the company's annual profit.
Around the middle of the 27 Basic Materials shares we cover
Net margin
13.8%
This reveals that for every pound of sales, the company keeps about 14 pence as actual profit after all expenses are paid.
Higher than most of the 34 Basic Materials shares we cover
Return on equity
13.5%
This measures how efficiently the company uses the money invested by its shareholders to generate profit.
Around the middle of the 34 Basic Materials shares we cover
Beta
1.1
This suggests the share price tends to move slightly more than the overall stock market, making it a bit more sensitive to market swings.

How much money does Vulcan Materials Company make?

Revenue and profit by quarter, and how much of each sale turns into profit.

RevenueNet income
$0$572.88M$1.15B$1.72B$2.29BQ2 25Q3 25Q4 25Q1 26Q2 26
Gross margin
27.5%
Net margin
13.7%
Return on equity
13.2%

Does Vulcan Materials Company pay a dividend?

Yes - Vulcan Materials Company currently pays a dividend of about 0.8% a year (the yearly payout as a share of the price). A dividend is a slice of profit handed to shareholders; the yield moves as the price moves, and a company can cut or stop it.

What do the numbers say about Vulcan Materials Company's dividend?

There's no rating here, and we don't judge whether the dividend will continue - that would be advice. Here are the figures income investors usually look at, and what each one means, so you can weigh it up yourself.

Dividend yield0.8%The yearly dividend as a percentage of today's price. A very high figure often means the price has fallen because the market expects a cut, so a big yield is a question to look into, not a prize.
Payout ratio24%The share of profit paid out as dividends. A lower figure leaves headroom; near or above 100% means most or all of the profit is going out as dividends.
Dividend cover4.2×Profit divided by the dividend (the payout ratio the other way up). As a rough convention many income investors like around 2× or more; below 1× means the company paid out more than it earned that year.

Figures are from the latest available data and can be distorted by one-off results. Past payments don't predict future ones, and a dividend can be cut at any time. This lays out the numbers to help you understand them - it is not a view on what will happen.

When does Vulcan Materials Company report earnings, and how did recent quarters go?

Vulcan Materials Company is next scheduled to report on about 2026-10-29 - dates can move, and we don't predict results; this just tells you when to look.

Each quarter a company reports its results against what analysts expected. ‘Beating’ or ‘missing’ is about that expectation, not whether the business is doing well in absolute terms.

Vulcan Materials Company: reported versus expected earnings per share, recent quarters
ReportedExpected EPS: The earnings per share analysts expected for the quarter - the average of their forecasts. 'Beating' or 'missing' is measured against this number.Actual EPSvs expected
2026-07-29$2.47$2.59Beat +5%
2026-04-29$1.10$1.35Beat +22%
2026-02-17$2.12$1.70Missed -20%
2025-10-30$2.72$2.84Beat +4%
2025-07-31$2.52$2.45Missed -3%
2025-04-30$0.76$1.00Beat +32%

Across the last 6 quarters here, Vulcan Materials Company came in ahead of what analysts expected 4 times. One quarter is noise, not a trend.

See who else reports over the next two weeks →

Reported vs expected earnings per share (EPS) from published results; the expectation is the analyst consensus, not our view. Report dates are estimates that can move.

More in Basic Materials

CF IndustriesNewmontEndeavour MiningFresnilloNucorSteel Dynamics, Inc.Freeport-McMoRan Inc.Corteva, Inc.

What are the scenarios for Vulcan Materials Company?

An illustrative range for the year ahead, with the assumption behind each case — not a prediction or a price target.

$334$269$235today · $269▲ Bull · $289• Base · $269▼ Bear · $248in 1 yearILLUSTRATIVE · NOT A PREDICTION OR PRICE TARGET
Bull
+5% to +10%Increased government infrastructure spending boosts demand.
Base
-2% to +2%Steady demand from existing construction projects.
Bear
-5% to -10%A slowdown in new housing starts reduces material orders.

What are the pros and cons of Vulcan Materials Company?

3bull points
6bear points

How many points the write-up makes each way — a balance check, not a score or verdict.

The bull case3
  • Essential business model with high barriers to entry for competitors.
  • Strong earnings growth compared to the previous year.
  • Deeply embedded in the physical development of the US economy.
The catch3
  • High valuation multiples suggest investors have high expectations.
  • Low dividend yield: The yearly dividend as a percentage of the share price - roughly the income you'd earn from dividends alone. may not appeal to those seeking regular income.
  • Business is geographically tied to the US, limiting global diversification.
Key risks3
  • Heavy reliance on government infrastructure budgets which can be unpredictable.
  • Rising fuel and energy costs can squeeze profit margins.
  • Sensitivity to interest rates which impact the affordability of construction projects.
What would flip the thesis

The write-up's own warning lights — if these start happening, the case above changes.

Confidence: medium · data: USD · flags: none · Charts by TradingView Lightweight Charts™
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Built from public filings & market prices, checked for an education-only tone, and never a price target. How we make these →

This plain-English summary was auto-generated on 2026-08-02 from public data and checked for an education-only, no-advice tone (the figures above carry their own, usually fresher, 'as of' date). It's information, never a recommendation.

Figures as of 2026-08-02. Prices may be delayed and numbers can go stale - always double-check before acting.