Vulcan Materials posts quarterly results above estimates on strong construction demand

Reuters
2025/10/30
Vulcan Materials posts quarterly results above estimates on strong construction demand

Oct 30 (Reuters) - U.S. construction aggregates giant Vulcan Materials VMC.N reported quarterly profit and revenue above Wall Street estimates on Thursday, fueled by resilient demand for its concrete, asphalt and other key building aggregates.

Strong public construction activity and favorable weather across most of its markets helped the company boost aggregate shipments by 12% in the third quarter, it said.

"As we look to 2026,...we expect continued strength in public construction activity and an improving private nonresidential outlook, a combination that should also benefit an already healthy pricing environment," said CEO Tom Hill.

The company said it expects 2025 adjusted EBITDA to range between $2.35 billion and $2.45 billion, compared with analysts' average estimate of $2.43 billion, according to data compiled by LSEG.

Vulcan reported third-quarter adjusted profit of $2.84 per share, above analysts' estimates of $2.72 per share.

The nation's largest producer of construction aggregates said its biggest segment, which includes sand, gravel and crushed stone, reported gross profit of $612.1 million, up about 23% from a year earlier.

The company posted $2.29 billion in revenue for the quarter ended September 30, beating estimates of $2.27 billion.

(Reporting by Abhinav Parmar in Bengaluru)

((Abhinav.Parmar@thomsonreuters.com;))

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