Vulcan Materials Company (VMC)
Pretax margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) | US$ in thousands | 1,172,100 | 1,245,100 | 788,100 | 873,800 | 743,798 |
| Revenue | US$ in thousands | 7,417,700 | 7,781,900 | 7,315,200 | 5,552,200 | 4,856,830 |
| Pretax margin | 15.80% | 16.00% | 10.77% | 15.74% | 15.31% |
December 31, 2024 calculation
Pretax margin = EBT ÷ Revenue
= $1,172,100K ÷ $7,417,700K
= 15.80%
Vulcan Materials Company's pretax margin has shown fluctuations over the past five years. The pretax margin was 15.31% as of December 31, 2020, slightly increasing to 15.74% by December 31, 2021. However, there was a notable decrease in pretax margin to 10.77% by December 31, 2022. The company managed to recover and improve its pretax margin to 16.00% by December 31, 2023, followed by a slight decrease to 15.80% as of December 31, 2024. Overall, the company has maintained relatively healthy pretax margins, albeit with some variability in recent years. It is important for the company to continue monitoring and managing its pretax margin to ensure sustainable profitability and financial health.
Peer comparison
Dec 31, 2024