Vulcan Materials (VMC) stock
Materials · Construction Materials
Vulcan Materials (VMC) is a Construction Materials company in the Materials sector, headquartered in Birmingham, Alabama. As of October 23, 2026, VMC closed at $261.69, a market capitalization of $33.91 billion, the 304th largest company in the S&P 500. Over the last twelve months it generated $8.12 billion in revenue (+2% year over year) and $1.03 billion in free cash flow. The stock trades at 30.9x trailing earnings and 25.6x forward earnings.
- 1-year total return: -9.7% (dividends reinvested)
- 5-year return: +8.0% a year
- 52-week range: $237.03 – $331.09
- Gross margin 27.5%, operating margin 21.6%
- Dividend yield: 0.79%, 12 straight years of increases
- FI Handbook report card: C across 10 metrics
- 11th largest of 24 Materials stocks in the S&P 500
VMC price chart
1Y price change: -10.4% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| VMC | +7.1% | -7.7% | -9.7% | +9.7% | +8.0% | +9.8% | +12.2% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1973.
VMC key statistics
- Market cap
- $33.9B
- #304 in S&P 500
- P/E (TTM)
- 30.9x
- Forward P/E
- 25.6x
- EPS (TTM)
- $8.48
- Revenue (TTM)
- $8.1B
- +3%
- Free cash flow
- $1.0B
- Gross margin
- 27.5%
- Operating margin
- 21.6%
- Return on equity
- 13.2%
- Dividend yield
- 0.79%
- 52-week range
- $237.03 – $331.09
- Beta
- 1.05
- Price / sales
- 4.2x
- EV / EBITDA
- 16.5x
- Debt / equity
- 0.58x
- Employees
- 11,548
VMC report card
CTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth2.5%D
- Gross margin27.5%C
- Operating margin21.6%B
- FCF margin12.7%C
- Return on equity13.2%C
- Net debt / EBITDA2.0xD
- Forward P/E25.6xC
- PEG ratio1.8xC
- Shareholder yield2.1%C
- Share count change / yr-0.1%C
Vulcan Materials Company (Holdi financials
Revenue went from $3.6B in fiscal 2016 to $7.9B in fiscal 2025, growing 9.2% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.6B | $3.9B | $4.4B | $4.9B | $4.9B | $5.6B | $7.3B | $7.8B | $7.4B | $7.9B |
| Gross profit | $988.9M | $993.5M | $1.1B | $1.3B | $1.3B | $1.4B | $1.6B | $1.9B | $2.0B | $2.2B |
| Operating income | $665.9M | $639.0M | $747.7M | $877.5M | $895.7M | $1.0B | $951.4M | $1.4B | $1.4B | $1.6B |
| Net income | $419.5M | $601.2M | $515.8M | $617.7M | $584.5M | $670.8M | $575.6M | $933.2M | $911.9M | $1.1B |
| EPS (diluted) | $3.09 | $4.46 | $3.85 | $4.63 | $4.39 | $5.02 | $4.31 | $6.98 | $6.85 | $8.11 |
| Free cash flow | $294.4M | $185.1M | $363.7M | $600.0M | $708.2M | $560.6M | $535.6M | $664.2M | $806.1M | $1.1B |
| Buybacks | $161.5M | $60.3M | $134.0M | $2.6M | $26.1M | $0 | $0 | $200.0M | $68.8M | $438.4M |
| Dividends paid | $106.3M | $132.3M | $148.1M | $164.0M | $180.2M | $196.4M | $212.6M | $228.4M | $244.4M | $259.8M |
| Diluted shares | 135.8M | 134.9M | 133.9M | 133.4M | 133.2M | 133.5M | 133.6M | 133.7M | 133.1M | 132.7M |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into VMC?
A reverse DCF asks what growth the current price requires. With an enterprise value of $38.7B and $1.0B of trailing free cash flow, Vulcan Materials Company (Holdi needs to grow free cash flow about 26.9% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 9.9% a year over the last five years.
P/E ratio history
Current 32.3x vs. median 39.8x (10th–90th percentile 24.3x–334.0x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
VMC dividend
- Dividend yield
- 0.79%
- Annual dividend
- $2.08
- Years of increases
- 12
- 5-yr dividend growth
- 7.6%
- per year
- Payout ratio
- 24%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
VMC analyst price targets
23 analysts' average 12-month target is $308.30 (+18% vs. $261.69). Targets range from $238.00 to $365.00. 67% rate it a buy.
VMC earnings
Next report: October 29, 2026. Vulcan Materials Company (Holdi has beaten EPS estimates 2 quarters in a row. Last quarter's revenue was $2.2B (+3% year over year).
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Jul 29, 2026 | $2.47 | $2.59 | +4.9% |
| Apr 29, 2026 | $1.10 | $1.35 | +22.3% |
| Feb 17, 2026 | $2.11 | $1.70 | -19.5% |
| Oct 30, 2025 | $2.72 | $2.84 | +4.5% |
| Jul 31, 2025 | $2.52 | $2.45 | -2.8% |
| Apr 30, 2025 | $0.76 | $1.00 | +31.6% |
| Feb 18, 2025 | $1.75 | $2.17 | +23.7% |
| Oct 30, 2024 | $2.31 | $2.22 | -4.1% |
Stocks like VMC
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 CRH CRH | -1.78% | -27% | $56.5B | 15.0x | Compare |
 MLM Martin Marietta Materials | -2.03% | -18% | $36.0B | 33.0x | Compare |
 LIN Linde | -0.30% | +15% | $234.6B | 32.8x | Compare |
 NEM Newmont | -4.59% | +24% | $113.1B | 12.6x | Compare |
 FCX Freeport-McMoRan | +0.91% | +60% | $93.6B | 32.1x | Compare |
 SHW Sherwin-Williams | -2.48% | +3% | $81.8B | 31.1x | Compare |
 ECL Ecolab | -1.29% | +6% | $80.9B | 38.7x | Compare |
 APD Air Products and Chemicals | -0.35% | +24% | $68.4B | — | Compare |
VMC news
- Brown Advisory Reviews Weakness in Vulcan Materials Company (VMC) · Oct 22, 2026
- Vulcan Materials (VMC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release · Oct 22, 2026
- Vulcan Materials’ Q3 2026 Earnings: What to Expect · Oct 14, 2026
- VULCAN ANNOUNCES THIRD QUARTER 2026 CONFERENCE CALL · Oct 13, 2026
- VULCAN DECLARES QUARTERLY DIVIDEND ON COMMON STOCK · Oct 9, 2026
VMC stock FAQ
What is VMC's market cap?
Vulcan Materials's market capitalization is $33.91 billion as of October 23, 2026, ranking 304th in the S&P 500.
What is VMC's P/E ratio?
VMC trades at a trailing price-to-earnings ratio of 30.9x and a forward P/E of 25.6x. Its median P/E over the period we track is 39.8x.
Does VMC pay a dividend?
Yes. Vulcan Materials pays $2.08 per share a year, a 0.79% yield. It has raised its dividend 12 years in a row. Dividends grew 7.6% a year over the last five years.
How much has VMC stock returned?
Including reinvested dividends, VMC returned -9.7% over one year, +8.0% a year over five years, +9.8% a year over ten years through October 23, 2026.
Is VMC stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Vulcan Materials must grow free cash flow about 27% a year for the next decade. Its free cash flow grew 10% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
What is the VMC price target?
23 analysts cover VMC with an average 12-month price target of $308.30, +18% from the current price. 67% of them rate it a buy.
When does VMC report earnings?
Vulcan Materials is expected to report earnings on October 29, 2026. It has beaten EPS estimates 2 quarters in a row.
How many employees does Vulcan Materials have?
Vulcan Materials has about 11,548 full-time employees, or $702,788 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology