Vulcan Materials Q1 2025 Earnings, Margins Jump

Vulcan Materials Company reported robust first-quarter 2025 results, with adjusted EPS of $1.00 beating analyst expectations, while revenue of $1.64 billion narrowly missed estimates. The company's aggregates business model and operational discipline drove a 27% rise in adjusted EBITDA and a 420 basis point expansion in EBITDA margin year over year. Core aggregates profit increased 18%, and cash gross profit per ton improved 20%, though aggregate shipments fell 1% due to fewer shipping days and adverse weather. The asphalt and concrete segments also recorded higher profits, fueled by increased shipments and price hikes. Despite ongoing macroeconomic headwinds and inflationary cost pressures, management reaffirmed a positive outlook for 2025. Vulcan invested in growth projects, returned capital to shareholders via dividends and stock buybacks, and continued to reduce its debt ratio.