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Vulcan Materials Co

Vulcan Materials Co

VMC
$288.33USD↓-1.75%-5.14 today

MARKET CAP

37.4B

P/E (TTM)

34.6x

FWD P/E

28.5x

DAY RANGE

$287 – $299

52W RANGE

$252
$331

AI Summary

Stalk
Sell NowMedium

VMC is in a Stage 2 corrective advance but has failed to sustain above the short-term EMAs. The active Bearish Pivot Point pattern signals loss of upside control and structural repair toward a lower equilibrium. Medium-term bias is bearish, short-term momentum is negative, and execution should occur now into rallies near the declining 9/21 EMA zone.

  • ↑Q1 revenue $1.76B (+10% YoY) and adjusted EBITDA $447M (+9% YoY).
  • ↑Paid $800M in dividends and share repurchases YTD, boosting shareholder returns.
  • ↓Affordability pressures hinder residential demand, which drives ~20% of volumes.
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The case for & against

Bull & Bear analysis

Bullish

Vulcan Materials Company (NYSE: VMC) is a leading producer of construction aggregates in the United States, primarily supplying materials for public infrastructure, residential construction, and commercial projects. With its extensive geographical footprint, particularly in high-growth markets, Vulcan is well-positioned to capitalize on the increasing demand for construction materials as infrastructure investment expands, bolstered by initiatives such as the Infrastructure Investment and Jobs Act (IIJA).

Bull says

  • ↑Q1 revenue $1.76B (+10% YoY) and adjusted EBITDA $447M (+9% YoY).
  • ↑Paid $800M in dividends and share repurchases YTD, boosting shareholder returns.
  • ↑Aggregate freight adjusted price rose 4% YoY, reflecting pricing discipline.
  • ↑Public infrastructure awards up 17% and highway awards +12% YoY under IIJA.
  • ↑Free cash flow margin expanded 5.4pp to 13.8%, ROIC improved to 16%.
  • ↑Strong profitability factors and scale advantage support resilience.

Bear says

  • ↓Affordability pressures hinder residential demand, which drives ~20% of volumes.
  • ↓Diesel price headwinds to reduce Q2 margins by an estimated $25M.
  • ↓Removal from Russell 1000 Dynamic Index may trigger index-fund selling.
  • ↓60% of large projects concentrated within 50 miles, amplifying regional risk.
  • ↓High leverage risk and negative earnings-yield factor signal financial strain.
  • ↓Political uncertainty could delay IIJA funding, dampening future demand.

Investment themes with VMC

Infrastructure Development↑ +0.48%

DE · HWM · TT

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 04-30-2026bullish

Transcript signals

Bull points

  • We generated $447 million of adjusted EBITDA, a 9% increase over the prior year.
  • Gross profit margin expanded in each segment, and adjusted EBITDA margin grew.
  • Aggregate shipments in the first quarter support the anticipated return to growth for 2026, with shipments increased 5% compared to the prior year due to both improving demand and fewer extreme weather days than in the prior year.

Bear points

  • residential construction continues to be impacted by affordability and longer term, there remains a fundamental need for additional housing.
Read full transcript analysis ›