Vulcan Materials Company Reports $2.1 Billion Revenue in Q2 2025, Up 4% Year-Over-Year

Vulcan Materials Company reported a total revenue of $2.1 billion for the second quarter of 2025, marking a 4% increase from $2.0 billion in the same period last year. The company's gross profit also rose to $625.2 million, up 6% from $592.2 million in the prior year. The aggregates segment, which is the company's primary business, generated $1.6 billion in sales, a 2% increase from the previous year, despite a slight decrease in shipments. The earnings attributable to Vulcan from continuing operations were $320.9 million, or $2.42 per diluted share, compared to $308.0 million, or $2.31 per diluted share, in the second quarter of 2024.

In the first half of 2025, Vulcan's total revenues reached $3.7 billion, a 5% increase from $3.6 billion in the same period of 2024. The aggregates segment's gross profit increased by 10% to $916.9 million, while the concrete segment saw a significant rise in gross profit, up 617% to $11.6 million. However, the asphalt segment experienced a decline in gross profit, decreasing by 3% to $62.0 million. The net earnings attributable to Vulcan for the first six months were $449.8 million, or $3.38 per diluted share, compared to $410.6 million, or $3.08 per diluted share, in the prior year.

Vulcan's operational metrics showed a decrease in shipments for aggregates, down 1% to 59.3 million tons, while ready-mixed concrete shipments increased by 27%. The company reported a freight-adjusted sales price increase of 5.3% per ton for aggregates, reflecting strong pricing discipline. The selling, administrative, and general expenses rose to $144.5 million, representing 6.9% of total revenues, compared to 6.7% in the previous year.

Strategically, Vulcan has focused on enhancing its operational efficiency and maintaining a strong balance sheet. The company reported capital expenditures of $101.5 million in the second quarter, with a total of $206.9 million year-to-date. As of June 30, 2025, Vulcan's total debt was $4.9 billion, with a debt-to-Adjusted EBITDA ratio of 2.2 times, within its target range. The company anticipates continued growth, projecting Adjusted EBITDA for the full year to be between $2.35 billion and $2.55 billion, supported by an acceleration in highway construction activity in its markets.