Vulcan Materials Company (VMC)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 1,364,500 | 1,427,400 | 951,400 | 1,010,800 | 895,731 |
| Revenue | US$ in thousands | 7,417,700 | 7,781,900 | 7,315,200 | 5,552,200 | 4,856,830 |
| Operating profit margin | 18.40% | 18.34% | 13.01% | 18.21% | 18.44% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $1,364,500K ÷ $7,417,700K
= 18.40%
Based on the data provided, Vulcan Materials Company's operating profit margin has displayed some fluctuations over the past five years. As of December 31, 2020, the company's operating profit margin stood at 18.44%, showing a strong profitability level. However, by the end of 2022, the margin decreased significantly to 13.01%, indicating a decline in operational efficiency.
Subsequently, there was a notable improvement in the operating profit margin, reaching 18.34% as of December 31, 2023, followed by a slight increase to 18.40% by the end of 2024. These improvements suggest that the company was able to enhance its profitability and effectively manage its operating expenses during these periods.
Overall, while there have been fluctuations in Vulcan Materials Company's operating profit margin, the recent upward trend indicates a positive trajectory in terms of operational efficiency and profitability. Controlling costs and optimizing revenue generation will be essential for the company to sustain and potentially improve its operating profit margin in the future.
Peer comparison
Dec 31, 2024