Vulcan Materials Company (VMC)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 1,172,100 | 1,168,400 | 1,239,400 | 1,239,000 | 1,245,100 | 1,060,600 | 955,300 | 815,200 | 788,200 | 806,100 | 774,242 | 764,105 | 873,813 | 846,301 | 875,668 | 893,914 | 743,798 | 768,640 | 782,069 | 755,265 |
| 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 |
| Pretax margin | 15.80% | 15.79% | 16.35% | 16.14% | 16.00% | 13.81% | 12.60% | 10.98% | 10.77% | 11.21% | 11.70% | 12.68% | 15.74% | 16.53% | 17.82% | 18.33% | 15.31% | 15.79% | 15.71% | 15.16% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $1,172,100K ÷ $7,417,600K
= 15.80%
The pretax margin of Vulcan Materials Company has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The pretax margin started at 15.16% in March 2020, peaked at 18.33% in March 2021, and then experienced some declines before trending upwards again.
During the most recent period, the pretax margin was 15.80% in December 2024. This indicates that for every dollar of revenue generated, the company had a pretax profit of 15.80 cents before accounting for taxes. The fluctuation in pretax margin may be attributed to various factors such as changes in revenue, operating expenses, and cost management strategies.
Analyzing the trend, it appears that Vulcan Materials Company has managed to maintain relatively stable pretax margins overall, with some fluctuations reflecting changes in financial performance over the years. It is essential for the company to continue monitoring and managing its costs effectively to sustain and potentially enhance its pretax margins in the future.
Peer comparison
Dec 31, 2024