Vulcan Materials Company (VMC)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 8,118,600 | 7,483,400 | 6,928,600 | 6,545,000 | 6,027,330 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,118,600K
= 0.00
The debt-to-equity ratio for Vulcan Materials Company has remained constant at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations during this period and has relied solely on equity financing. A debt-to-equity ratio of 0.00 signifies that the company's capital structure is conservative, with no debt obligations to contribute to its funding mix. This may imply a lower financial risk for the company as it does not have interest payments or repayment obligations associated with debt. However, it is important to note that a zero debt-to-equity ratio may also limit the company's growth opportunities or ability to take advantage of leverage for potential expansion or investment activities.
Peer comparison
Dec 31, 2024