VMC FY 2025 Earnings Report — Vulcan Materials Company Revenue & Financial Results | Market Cap Arena

Vulcan Materials CompanyVMC

FY 2025 Earnings

Reported February 19, 2026

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Free Cash Flow

Metric	FY 2025	Prior Q	FY 2024	QoQ Change	YoY Change
Revenue	$7.9B	—	$7.4B	—	6.9%
Op. Income	$1.6B	—	$1.4B	—	16.7%
Gross Margin	27.3%	—	27.0%	—	0.3pp
Net Margin	13.6%	—	12.3%	—	1.3pp
EPS (Diluted)	$8.12	—	$6.85	—	18.5%
Free Cash Flow	$1.1B	—	$806M	—	40.8%

Revenue Flow

Item	Amount
REVENUE	$7.9B
Cost of Revenue	$5.8B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$564M
Other Expenses	$10M
Operating Expenses	$574M
Cost & Expenses	$6.3B
OPERATING INCOME	$1.6B
Interest Income	$0
Interest Expense	$467M
Other Income/Expenses	-$229M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$282M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$738M
EBIT	$1.8B
EBITDA	$2.6B
EPS	$8
EPS Diluted	$8

Income Statement

Item	Amount
REVENUE	$7.9B
Cost of Revenue	$5.8B
GROSS PROFIT	$2.2B
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$564M
Other Expenses	$10M
Operating Expenses	$574M
Cost & Expenses	$6.3B
OPERATING INCOME	$1.6B
Interest Income	$0
Interest Expense	$467M
Other Income/Expenses	-$229M
INCOME BEFORE TAX	$1.4B
Income Tax Expense	$282M
Net Income from Continuing Ops	$1.1B
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	$1.1B
Net Income Deductions	$0
BOTTOM LINE NET INCOME	$1.1B
D&A	$738M
EBIT	$1.8B
EBITDA	$2.6B
EPS	$8
EPS Diluted	$8

Cash Flow Statement

Item	Amount
Net Income	$1.1B
Depreciation & Amortization	$749M
Stock-Based Compensation	$63M
Deferred Income Tax	$0
Other Non-Cash Items	$13M
Change in Working Capital	-$90M
OPERATING CASH FLOW	$1.8B
Capital Expenditure	-$678M
Acquisitions (Net)	-$14M
Purchases of Investments	$0
Sales/Maturities of Investments	$0
Other Investing Activities	$162M
NET CASH FROM INVESTING	-$529M
Net Debt Issuance	-$961M
Common Stock Repurchased	-$438M
Common Dividends Paid	-$260M
Other Financing Activities	-$36M
NET CASH FROM FINANCING	-$1.7B
FREE CASH FLOW	$1.1B
Net Change in Cash	-$411M

Balance Sheet

Item	Amount
Cash & Equivalents	$183M
Short-Term Investments	$0
Net Receivables	$888M
Inventory	$681M
Other Current Assets	$816M
TOTAL CURRENT ASSETS	$2.6B
PP&E (Net)	$15.0B
Goodwill	$3.8B
Intangible Assets	$1.5B
Long-Term Investments	$34M
Tax Assets	$0
Other Non-Current Assets	-$6.2B
TOTAL NON-CURRENT ASSETS	$14.1B
TOTAL ASSETS	$16.7B
Account Payables	$439M
Short-Term Debt	$400.0K
Deferred Revenue	$131M
Other Current Liabilities	$387M
TOTAL CURRENT LIABILITIES	$956M
Long-Term Debt	$4.9B
Deferred Revenue NC	$131M
Deferred Tax Liabilities	$1.4B
Other Non-Current Liabilities	$300M
TOTAL NON-CURRENT LIABILITIES	$7.2B
TOTAL LIABILITIES	$8.2B
Common Stock	$131M
Additional Paid-In Capital	$2.9B
Retained Earnings	$5.6B
Treasury Stock	$0
Accum. Other Comp. Income	-$126M
Other Equity	$0
TOTAL STOCKHOLDERS' EQUITY	$8.5B
Minority Interest	$24M
TOTAL EQUITY	$8.5B
TOTAL LIABILITIES & EQUITY	$16.7B
Total Debt	$5.4B
Net Debt	$5.2B