| Metric | Value ($ M) | Q1 FY26 | Q2 FY25 |
|---|---|---|---|
| Revenue | 2.2K | 22.8% | 2.5% |
| Total Income | 2.2K | 22.8% | 2.5% |
| Expenditure | 1.7K | 14.1% | 4.2% |
| PBT | 404.50 | 90.0% | 2.3% |
| Net Profit | 323.40 | 95.4% | 0.8% |
| OPM | 21.13% | 6.01pp | 1.27pp |
| NPM | 15.00% | 5.58pp | 0.26pp |
| EPS | 2.49 | 96.1% | 2.5% |
Vulcan Materials Reports Q2 2026 Results
29 Jul 2026 · 29 Jul, 4:41 pm
Summary
Vulcan Materials reported second quarter 2026 results with total revenues of $2,156 million. The aggregates segment showed strong performance with gross profit of $567 million and cash gross profit of $720 million, driven by commercial discipline and operational execution. Shipments increased 1% year-over-year, supported by public construction activity, and freight-adjusted selling prices rose 5%. The company also advanced its aggregates-led growth strategy through strategic acquisitions and divestitures. Vulcan Materials reaffirmed its full-year Adjusted EBITDA outlook of $2.4 to $2.6 billion.
Key Highlights
- 1
Vulcan Materials announced results for the second quarter ended June 30, 2026, with total revenues of $2,156 million.
- 2
Aggregates segment gross profit increased to $567 million ($9.47 per ton), and cash gross profit improved to $720 million ($12.02 per ton).
- 3
Second quarter aggregates shipments increased 1 percent year-over-year, benefiting from healthy public construction activity.
- 4
Freight-adjusted selling prices for aggregates increased 5 percent on a mix-adjusted basis compared to the prior year's second quarter.
- 5
The company completed the divestiture of its ready-mixed concrete operations in California and acquired a quarry in southern Colorado and a rail yard in Dallas-Fort Worth.
- 6
As of June 30, 2026, the ratio of total debt to trailing-twelve months Adjusted EBITDA was 1.9 times, below the Company’s target range.
- 7
Vulcan Materials reiterated its full-year outlook to deliver between $2.4 and $2.6 billion of Adjusted EBITDA.
Management Comments
Ronnie Pruitt
Commercial and operational execution drove solid results in the second quarter. Our industry-leading aggregates cash gross profit per ton grew to over $12 per ton, despite significant energy inflation and disruptive weather. These results demonstrate the resiliency of our uniquely advantaged pure-play aggregates business. Consistent with our aggregates growth strategy, during the second quarter we completed several portfolio enhancing actions. The pipeline for strategic acquisitions remains active, and we have the financial strength and flexibility to capitalize on the most value-accretive opportunities. Our aggregates business is executing well, and we reiterate our full-year outlook to deliver between $2.4 and $2.6 billion of Adjusted EBITDA. The construction environment remains supportive of continued aggregates price growth, and large projects and public construction activity continue to support our expectation for volume growth in 2026. As always, our focus remains on compounding aggregates unit profitability to drive earnings growth and strong cash generation for our shareholders.
Informational and educational content only. Not investment advice.