Vulcan Materials Company (VMC)
Operating return on assets (Operating ROA)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 1,372,300 | 1,301,100 | 1,382,900 | 1,375,100 | 1,387,000 | 1,248,700 | 1,135,200 | 991,700 | 951,500 | 971,300 | 928,266 | 908,202 | 1,010,715 | 995,844 | 1,021,582 | 1,032,942 | 895,730 | 892,877 | 908,149 | 885,327 |
| Total assets | US$ in thousands | 17,104,800 | 14,351,900 | 14,216,400 | 13,910,900 | 14,545,700 | 14,620,500 | 14,333,600 | 14,076,900 | 14,234,600 | 14,615,800 | 14,181,500 | 13,860,800 | 13,682,600 | 13,688,000 | 11,571,000 | 11,332,800 | 11,686,900 | 11,590,500 | 11,398,700 | 10,629,400 |
| Operating ROA | 8.02% | 9.07% | 9.73% | 9.89% | 9.54% | 8.54% | 7.92% | 7.04% | 6.68% | 6.65% | 6.55% | 6.55% | 7.39% | 7.28% | 8.83% | 9.11% | 7.66% | 7.70% | 7.97% | 8.33% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $1,372,300K ÷ $17,104,800K
= 8.02%
Operating return on assets (Operating ROA) is a key financial ratio that measures a company's efficiency in generating operating profit from its assets. Vulcan Materials Company's Operating ROA has shown fluctuations over the analyzed period, ranging from a low of 6.55% to a high of 9.89%.
The trend of Vulcan Materials Company's Operating ROA indicates that there have been fluctuations in the company's ability to generate operating profit relative to its total assets. The ratio peaked at 9.89% on March 31, 2024, indicating that for every dollar of assets, the company generated approximately 9.89 cents in operating profit. This may signify improved operational efficiency or better asset utilization during that period.
However, the Operating ROA declined slightly in the subsequent quarters, reaching 8.02% by December 31, 2024. This could suggest a decrease in operating profit generation relative to the company's total assets, possibly due to changes in operating performance or asset management efficiency.
Overall, analyzing Vulcan Materials Company's Operating ROA provides insights into the company's operational effectiveness and asset utilization, reflecting the varying levels of profitability generated from its asset base over the analyzed period. Further assessment and comparison of this ratio with industry benchmarks and historical performance trends could offer a more comprehensive evaluation of the company's operational efficiency and financial health.
Peer comparison
Dec 31, 2024