---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-23-037768"
form_type: "8-K"
ticker: "VMC"
cik: "0001396009"
company_name: "Vulcan Materials CO"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T07:39:49.762346+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Vulcan Materials Q2 EPS $2.33; raises FY adjusted EBITDA outlook to $1.9-2.0B

## Summary
- Q2 revenue $2,113M (+8% YoY); net earnings $309M; diluted EPS $2.33 vs $1.50 prior year.
- Aggregates gross profit $499M (+24% YoY); gross profit per ton $7.87; cash gross profit per ton $9.76.
- Full-year adjusted EBITDA guidance raised to $1.9-2.0B, a $150M increase from initial February expectations.
- Cash from operations $508M (+56% YoY); returned $57M via dividends and $50M via share repurchases.
- Gross margin expanded 230 bps in aggregates; SAG expense improved to 6.6% of revenue.

## SEC filing metadata
- accession: 0001140361-23-037768
- form_type: 8-K
- ticker: VMC
- cik: 0001396009
- company_name: Vulcan Materials CO
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1396009/000114036123037768/0001140361-23-037768-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1396009/000114036123037768/brhc20056907_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-23-037768
- JSON: https://secwatch.observer/filing/0001140361-23-037768.json
- Plain text: https://secwatch.observer/filing/0001140361-23-037768.txt

## Key facts
- Earnings Releases
  Vulcan Materials CO reported the second quarter ended June 30, 2023 results: revenue $ 2,113 $ 1,954, EPS $ 2.33 $ 1.50. Guidance raised.
  - Period: the second quarter ended June 30, 2023
  - Revenue: $ 2,113 $ 1,954
  - EPS: $ 2.33 $ 1.50
  - Guidance: raised
  - Result: reported results
  source text: 2023. Financial Highlights Include: Second Quarter Year-to-Date Trailing-Twelve Months Amounts in millions, except per unit data 2023 2022 2023 2022 2023 2022 Total revenues $ 2,113 $ 1,954 $ 3,762 $ 3,495 $ 7,582 $ 6,618 Gross profit $ 583 $ 446 $ 885 $ 715 $ 1,728 $ 1,461 Selling, Administrative and General (SAG) $ 139 $ 134 $ 256 $ 253 $ 518 $ 482 As % of
  evidence_url: https://www.sec.gov/Archives/edgar/data/1396009/000114036123037768/0001140361-23-037768-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
