earnings
confidence high
sentiment positive
materiality 0.80
Vulcan Materials Q4 revenues up 37% to $1.606B; adjusted EPS $1.25 beats prior year
Vulcan Materials CO
2021-FY EPS reported
$5.02
revenue$5,552,200,000
- Q4 adjusted EBITDA $383M vs $311M prior year (+23%); same-store aggregates pricing up 4.2% mix-adjusted.
- Aggregates gross profit per ton $5.64 in Q4, up from $5.40; cash gross profit per ton $7.41 (+6%).
- Full year 2021 net earnings $670.8M; adjusted EBITDA $1.451B despite $93M impact from higher energy costs.
- 2022 guidance: net earnings $800-890M; adjusted EBITDA $1.72-1.82B; aggregates price increase 6-8%.
- Mexico NAFTA arbitration decision expected H2 2022; short-term customs permit issued for port, operations affected.