Vulcan Materials Company (VMC)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 8,118,600 | 7,869,000 | 7,705,300 | 7,491,900 | 7,483,400 | 7,440,600 | 7,202,600 | 6,986,900 | 6,928,600 | 6,855,700 | 6,721,100 | 6,575,300 | 6,545,000 | 6,426,100 | 6,293,110 | 6,136,240 | 6,027,330 | 5,928,350 | 5,764,150 | 5,590,330 |
| ROE | 11.23% | 10.75% | 11.87% | 12.22% | 12.47% | 11.09% | 10.08% | 8.65% | 8.31% | 8.67% | 8.84% | 9.16% | 10.25% | 10.07% | 10.65% | 11.16% | 9.70% | 10.31% | 10.88% | 10.99% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $912,000K ÷ $8,118,600K
= 11.23%
The return on equity (ROE) of Vulcan Materials Company has shown some fluctuations over the periods provided. The ROE ranged from a low of 8.31% as of December 31, 2022, to a high of 12.47% as of December 31, 2023.
Overall, the ROE has generally been within the range of 8.31% to 12.47% over the past few years. It is important to note that the ROE is a key profitability metric that indicates how well a company generates profits from its shareholders' equity.
The upward trend in ROE from December 31, 2022 (8.31%) to December 31, 2023 (12.47%) indicates an improvement in the company’s ability to generate profits with the shareholders' equity. However, the ROE slightly decreased to 10.75% as of September 30, 2024, before increasing again to 11.23% as of December 31, 2024.
Overall, the company should continue monitoring its ROE performance to ensure sustainable profitability and efficient utilization of shareholders' equity.
Peer comparison
Dec 31, 2024