Vulcan Q3 revenue and EBITDA beat estimates

Vulcan Materials Co

30/10/2025 11:13

Overview

Vulcan Q3 revenue beats analyst expectations, driven by improved demand and favorable weather

Adjusted EBITDA for Q3 exceeds estimates, reflecting operational efficiencies and strategic pricing

Company sells Houston asphalt assets, aligning with aggregates-led strategy

Outlook

Vulcan projects 2025 Adjusted EBITDA between $2.35 bln and $2.45 bln

Company expects 2026 aggregates shipments to grow modestly

Vulcan sees strong public construction activity in 2026

Result Drivers

AGGREGATES GROWTH - Strong earnings growth and margin expansion driven by increased shipments and favorable weather conditions

COST MANAGEMENT - Decreased unit cash cost of sales due to operating cost discipline and strong shipments

ASPHALT AND CONCRETE IMPROVEMENTS - Profitability boosted by strategic acquisitions and pricing adjustments

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
Beat
$2.29 bln
$2.26 bln (15 Analysts)
Q3 Net Income
$375 mln
Q3 Adjusted EBITDA
Beat
$735 mln
$720.37 mln (16 Analysts)
Q3 Gross Profit
$697 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 17 "strong buy" or "buy", 8 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the construction materials peer group is "buy"

Wall Street's median 12-month price target for Vulcan Materials Co is $314.50, about 6.2% above its October 29 closing price of $294.97

The stock recently traded at 31 times the next 12-month earnings vs. a P/E of 28 three months ago

Press Release: ID:nPn9phtnya

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)