Analyst Report: Vulcan Materials Co

Argus

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Jun 12, 2026

Summary

Vulcan Materials is the nation's largest supplier of operation aggregates, and a large shaper of asphalt premix and ready-mixed concrete. It is headquartered successful Birmingham, Alabama. The institution operates chiefly successful the U.S., with operations successful 22 states, arsenic good arsenic successful Mexico, Columbia, Canada, and Honduras. Founded successful 1909, Vulcan Materials has astir 11,000 employees. VMC shares are a constituent of the S&P 500.

MATERIALS

Our standing connected the Materials assemblage is Over-Weight, accrued from Market-Weight. Despite the vigor terms daze rippling done the planetary economy, request for commodities remains solid, and commodity-producing nations person immoderate of the strongest banal markets worldwide. Additionally, U.S. dollar weakness is affirmative for commodity prices, fixed that astir commodities are priced successful dollars and fixed the inverse narration betwixt commodity prices and the absorption of the dollar.

The assemblage receives above-average marks connected our six-part 'blind' assemblage standing criteria, which includes maturation momentum, valuation, fiscal strength, and expert conviction, among different factors.

The assemblage has outperformed the marketplace twelvemonth to day with a summation of 11.2% arsenic of the extremity of May. The assemblage underperformed successful 2025, with a summation of 8.4%, compared to a summation of 16.4% for the S&P 500. The beta for the assemblage is 1.0.

Over the past 5 years, the sector's weighting has ranged from 1% to 4%. The sector's P/E ratio connected projected 2027 EPS was 21, supra the marketplace multiple. The output of 1.3% was supra the marketplace average. The sector's smoothed net maturation complaint of 4% was beneath the marketplace average.

The Materials assemblage is chiefly a cyclical, value-oriented sector. The macroeconomic factors that whitethorn impact the show of stocks successful the Materials assemblage see Tariffs, Input Costs, Interest Rates, and Trade Policy, among others. Trends successful the d