earnings
confidence high
sentiment positive
materiality 0.85
Vulcan Materials Q3 net earnings $375M ($2.83 EPS); adj EBITDA $735M; guides FY25 adj EBITDA $2.35-2.45B
Vulcan Materials CO
2025-Q3 EPS
reported $6.21
vs consensus $2.75
▲ beat
(+125.9%)
- Total revenues $2.29B (+14% YoY); gross profit $697M (+23%); SAG expense $145M (6.3% of revenue).
- Aggregates shipments 64.7M tons (+12%); freight-adjusted price $22.01/ton (+3.5% reported); cash gross profit per ton $11.84 (+9%).
- Adjusted EBITDA margin 32.1% (up 310 bps); year-to-date adj EBITDA $1.81B (+20%).
- CEO succession: Ronnie Pruitt named CEO effective Jan 1, 2026, succeeding Tom Hill.
- Completed Houston asphalt sale; agreed to sell California ready-mixed concrete, expected Q4 close.