Vulcan Materials said it posted total revenues of $2,292 million, net earnings attributable to Vulcan of $375 million and Adjusted EBITDA of $735 million for Q3 2025. Its Adjusted EBITDA margin was 32.1%, compared with 29.0% a year earlier.

1. 01

   Vulcan Materials said it posted total revenues of $2,292 million, net earnings attributable to Vulcan of $375 million and Adjusted EBITDA of $735 million for Q3 2025. Its Adjusted EBITDA margin was 32.1%, compared with 29.0% a year earlier.

2. 02

   The company said Aggregates segment gross profit rose 23% to $612 million in Q3, and gross profit margin expanded 250 basis points to 34.2%. Shipments increased 12%, and cash gross profit per ton improved 9% to $11.84.

3. 03

   Vulcan said cash provided by operating activities for the first 9 months of the year was $1.3 billion, up 31% from the prior year. The company also used $550 million of cash on hand to pay down its commercial paper balance, bringing its ratio of total debt to trailing-twelve months Adjusted EBITDA to 1.9 times (1.8 times on a net debt basis).

4. 04

   Vulcan said it completed the disposition of its asphalt and construction services assets in the greater Houston market in early October. It also said it entered into an agreement on October 28 to sell its ready-mixed concrete businesses in California. The company also said it expects Adjusted EBITDA for 2025 of $2.35 to $2.45 billion.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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