Vulcan Materials Company (VMC)
Return on assets (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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 912,000 | 845,700 | 914,600 | 915,200 | 933,200 | 825,200 | 725,800 | 604,500 | 575,600 | 594,281 | 594,081 | 602,081 | 670,881 | 647,318 | 670,206 | 684,822 | 584,480 | 611,055 | 626,980 | 614,622 |
| 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 |
| ROA | 5.33% | 5.89% | 6.43% | 6.58% | 6.42% | 5.64% | 5.06% | 4.29% | 4.04% | 4.07% | 4.19% | 4.34% | 4.90% | 4.73% | 5.79% | 6.04% | 5.00% | 5.27% | 5.50% | 5.78% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $912,000K ÷ $17,104,800K
= 5.33%
The return on assets (ROA) for Vulcan Materials Company has shown some fluctuation over the periods provided.
1. The ROA decreased from 5.78% as of March 31, 2020, to 4.07% as of September 30, 2022, which may indicate declining efficiency in generating profits from its assets during this period.
2. There was a slight improvement in ROA to 6.42% by December 31, 2023, followed by further improvement to 6.58% by March 31, 2024, suggesting the company efficiently utilized its assets to generate higher returns during this time.
3. However, the ROA dipped slightly to 5.33% by December 31, 2024, possibly due to changes in the company's asset base or profitability levels.
Overall, Vulcan Materials Company's ROA trend indicates periods of both improvement and decline in asset utilization efficiency over the reported periods, emphasizing the need for close monitoring of asset management strategies to sustain or enhance profitability.
Peer comparison
Dec 31, 2024