Vulcan Materials Company (VMC)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,999,400 | 1,934,500 | 1,960,300 | 1,951,400 | 1,948,500 | 1,826,200 | 1,728,100 | 1,591,000 | 1,557,800 | 1,559,600 | 1,460,761 | 1,412,925 | 1,373,392 | 1,324,433 | 1,310,870 | 1,309,025 | 1,281,481 | 1,271,821 | 1,291,966 | 1,265,949 |
| Revenue (ttm) | US$ in thousands | 7,417,600 | 7,398,300 | 7,580,200 | 7,678,700 | 7,782,000 | 7,679,600 | 7,582,100 | 7,423,500 | 7,315,200 | 7,189,600 | 6,617,810 | 6,024,560 | 5,552,200 | 5,121,020 | 4,914,400 | 4,875,930 | 4,856,830 | 4,867,860 | 4,976,730 | 4,981,830 |
| Gross profit margin | 26.95% | 26.15% | 25.86% | 25.41% | 25.04% | 23.78% | 22.79% | 21.43% | 21.30% | 21.69% | 22.07% | 23.45% | 24.74% | 25.86% | 26.67% | 26.85% | 26.39% | 26.13% | 25.96% | 25.41% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,999,400K ÷ $7,417,600K
= 26.95%
The gross profit margin of Vulcan Materials Company has shown fluctuation over the period from March 31, 2020, to December 31, 2024. The margin started at 25.41% in March 2020 and experienced slight increases up to December 2020, reaching 26.39%. From March 2021, the margin continued to rise, reaching a peak of 26.85% in March 2021. However, from June 2021 to December 2021, there was a slight decline to 24.74%.
The trend further declined in the following periods, hitting a low of 21.30% in December 2022. Subsequently, there was a modest recovery in the gross profit margin, increasing to 26.95% by December 31, 2024.
Overall, the gross profit margin of Vulcan Materials Company has displayed variations during the period under review, indicating fluctuations in its ability to generate profit after accounting for the cost of goods sold. Further analysis could be conducted to understand the factors influencing these fluctuations and their potential impacts on the company's financial performance.
Peer comparison
Dec 31, 2024