VMC
Basic MaterialsVulcan Materials Company · Construction Materials · $34B
What is Vulcan Materials Company?
Vulcan Materials Company is the United States' largest producer of construction aggregates, supplying crushed stone, sand, and gravel to infrastructure and building projects nationwide. Headquartered in Birmingham, Alabama, the company has operated for over a century.
Vulcan generates revenue by mining and selling construction aggregates — crushed stone, sand, and gravel — used in highways, housing, and commercial construction. Beyond aggregates, the company produces asphalt mix and ready-mixed concrete across multiple states, and operates a Calcium segment serving animal feed, plastics, and water treatment markets. Its business is closely tied to public infrastructure spending and private construction activity across the United States.
Vulcan Materials was founded in 1957 and is headquartered in Birmingham, Alabama.
- Crushed stone, sand, and gravel aggregates
- Asphalt mix and paving services
- Ready-mixed concrete for commercial and residential use
- Calcium products for industrial and agricultural applications
Is VMC a Good Stock to Buy?
UQS Score rates VMC as Below Average overall, reflecting a mixed picture across its five quality pillars.
The Quality, Growth, and Risk pillars each land at Neutral, suggesting the business is neither a standout performer nor a clear laggard in those dimensions. Valuation also reads as Neutral, meaning the stock is not obviously cheap or expensive relative to its fundamentals.
The Moat pillar registers as Weak — the most notable drag on VMC's composite score — indicating limited structural competitive advantages relative to sector peers.
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Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does VMC pay dividends?
Yes — Vulcan Materials Company pays a dividend.
Vulcan Materials pays a regular dividend, consistent with its profile as a mature, capital-intensive industrial company. The dividend reflects the company's ability to generate recurring cash flows from long-lived quarry assets. Income-focused investors may find the payout relevant, though dividend growth potential is tied to infrastructure demand cycles and capital allocation priorities.
When does VMC report earnings?
Vulcan Materials reports earnings on a quarterly cadence, typical for US-listed equities.
Results tend to reflect seasonal construction patterns, with stronger activity in warmer months and softer volumes during winter quarters. Pricing dynamics in the aggregates market and infrastructure spending levels are key factors shaping each quarter's outcome.
For the most recent quarter's results, visit Vulcan Materials' investor relations page directly.
VMC Price History
+64.8% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Vulcan Materials Company?
Based on Vulcan Materials Company's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
VMC Long-term Outlook
With Growth and Risk pillars both at Neutral, VMC's fundamental trajectory appears steady rather than accelerating. The company's exposure to public infrastructure spending — including federal highway programs — provides a degree of demand visibility, though cyclical construction markets introduce variability. The Weak Moat rating suggests pricing power may be constrained over time, limiting upside relative to peers with stronger competitive positioning.
Growth drivers
- Federal and state infrastructure investment programs supporting aggregates demand
- Long-term urbanization trends driving construction activity
- Pricing discipline in local aggregates markets where Vulcan holds regional scale
Key risks
- Cyclical exposure to housing and commercial construction downturns
- Weak Moat rating limits ability to sustain above-average pricing power
- Capital-intensive quarry operations require ongoing reinvestment
VMC vs Peers
Vulcan Materials operates in a concentrated aggregates industry alongside several large-scale producers.
Martin Marietta is Vulcan's closest direct rival, competing in crushed stone and aggregates across overlapping US geographies with a similarly large quarry network.
Amrize competes in construction materials with a focus that spans aggregates and related building products, offering a broader product mix in certain markets.
CRH is a global building materials giant with significant US aggregates operations, competing with Vulcan at scale while also offering a wider range of downstream construction products.
Frequently Asked Questions
What does Vulcan Materials do?
Vulcan Materials mines and sells construction aggregates — crushed stone, sand, and gravel — used in roads, bridges, housing, and commercial buildings. The company also produces asphalt mix, ready-mixed concrete, and calcium products. It is the largest aggregates producer in the United States by volume.
Does VMC pay dividends?
Yes, Vulcan Materials pays a regular dividend. The company's long-lived quarry assets and recurring cash flows support a consistent payout. Investors seeking income should review the current dividend rate and payout history on Vulcan's investor relations page, as amounts can change over time.
When does VMC report earnings?
Vulcan Materials reports on a quarterly cadence, consistent with US-listed public companies. Seasonal construction patterns often influence results, with warmer quarters typically showing stronger volumes. Check the company's investor relations page for the current earnings calendar.
Is VMC a good stock to buy?
UQS Score rates VMC as Below Average overall. The Moat pillar is the weakest area, while Quality, Growth, Risk, and Valuation all sit at Neutral. Whether VMC fits a portfolio depends on individual goals and risk tolerance. Pro members can access the full pillar breakdown to inform their own analysis.
Is VMC overvalued?
The UQS Valuation pillar for VMC reads as Neutral, suggesting the stock is neither clearly cheap nor obviously expensive relative to its fundamentals. Valuation is one of five pillars in the composite score. See the full metrics breakdown with a Pro account.
How does VMC compare to its competitors?
Vulcan competes primarily with Martin Marietta Materials and global players like CRH. Each competitor brings different geographic reach and product breadth. UQS Score evaluates each ticker independently — Pro members can compare pillar-level ratings side by side across the aggregates sector.
What is VMC's market cap bracket?
Vulcan Materials is classified as a large-cap company, reflecting its position as the dominant aggregates producer in the United States. Large-cap stocks generally offer more liquidity and stability than smaller peers, though they may offer less growth upside.
Who founded Vulcan Materials?
Vulcan Materials traces its origins to 1909, with the current corporate structure formalized in 1957. The company was formerly known as Virginia Holdco, Inc. before adopting the Vulcan Materials name. Detailed founding history is publicly available through the company's official records.
Is VMC a long-term quality investment?
As a long-term quality indicator, VMC's Below Average UQS Score reflects a Weak Moat alongside Neutral readings across Quality, Growth, Risk, and Valuation. Long-term investors typically look for stronger moat and quality signals. The full pillar analysis, available to Pro members, provides deeper context for evaluating durability.
What is the main competitive advantage of Vulcan Materials?
Vulcan's primary advantage is its extensive network of quarry locations, which are difficult to replicate due to permitting, zoning, and geographic constraints. However, the UQS Moat pillar rates this advantage as Weak, suggesting it may not translate into durable pricing power at the sector level.
What sector does VMC belong to?
Vulcan Materials belongs to the Basic Materials sector, specifically within construction aggregates. The sector is cyclical, with demand driven by infrastructure spending, housing starts, and commercial construction activity. Investors can explore other [Basic Materials stocks](/sector/basic-materials) on UQS Score.
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Pro Analysis
VMC — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 22, 2026 | 50.3 | 61.0 | 26.0 | 56.2 | 60.0 | 55.2 | +1.8 |
| May 7, 2026 | 48.5 | 59.6 | 26.0 | 56.4 | 59.4 | 46.1 | 0.0 |
| May 4, 2026 | 48.5 | 59.6 | 26.0 | 56.4 | 59.4 | 46.3 | +0.1 |
| May 3, 2026 | 48.4 | 59.6 | 26.0 | 56.1 | 59.4 | 46.1 | -0.1 |
| May 2, 2026 | 48.5 | 59.6 | 26.0 | 56.1 | 59.4 | 46.7 | +0.1 |
| May 1, 2026 | 48.4 | 59.6 | 26.0 | 55.7 | 59.4 | 46.4 | +0.1 |
| Apr 29, 2026 | 48.3 | 59.6 | 26.0 | 55.3 | 59.4 | 46.0 | 0.0 |
| Apr 26, 2026 | 48.3 | 59.6 | 26.0 | 55.3 | 59.4 | 46.2 | +0.1 |
| Apr 24, 2026 | 48.2 | 59.6 | 26.0 | 55.3 | 59.4 | 45.9 | -0.1 |
| Apr 20, 2026 | 48.3 | 59.6 | 26.0 | 55.3 | 59.4 | 46.0 | 0.0 |
VMC — Pillar Breakdown
Quality
— 61.1/100 (25%)Vulcan Materials Company shows solid profitability with healthy returns on capital and reasonable margins.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 56.2/100 (20%)Vulcan Materials Company demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 60.0/100 (15%)Vulcan Materials Company maintains a reasonable risk profile with manageable debt levels.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 56.9/100 (15%)Vulcan Materials Company trades at a reasonable valuation with decent earnings yield and FCF multiples.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 26/100 (25%)Vulcan Materials Company operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for VMC.
Score Composition
Financial Data
More Stock Analysis
How is the VMC UQS Score Calculated?
The UQS (Unified Quality Score) for Vulcan Materials Company is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Vulcan Materials Company's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Vulcan Materials Company is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.