Vulcan Materials Company (VMC)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| 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 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $8,118,600K)
= 0.00
The debt-to-capital ratio of Vulcan Materials Company has consistently remained at 0.00 from March 2020 to December 2024. This indicates that the company has no debt in its capital structure during this period. A debt-to-capital ratio of 0.00 signifies that the company is financing its operations and investments entirely through equity, without relying on external debt financing. While a low debt-to-capital ratio can suggest lower financial risk and greater financial stability, it can also imply potential missed opportunities for leveraging debt for growth or tax benefits. Vulcan Materials Company's consistent 0.00 debt-to-capital ratio may reflect a deliberate choice by the company to maintain a debt-free capital structure or a strong ability to generate internal funds to support its operations and investments.
Peer comparison
Dec 31, 2024