Vulcan Materials Company (VMC)
Debt-to-equity 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-equity 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-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $8,118,600K
= 0.00
Vulcan Materials Company consistently maintains a debt-to-equity ratio of 0.00 across all reported periods from March 31, 2020, to December 31, 2024. This indicates that the company does not carry any financial leverage in its capital structure, as its debt levels are effectively zero in relation to its equity. A debt-to-equity ratio of 0.00 signifies that Vulcan Materials relies entirely on equity financing for its operations and growth, which can be viewed positively by investors as it implies lower financial risk and potential for greater financial stability. However, it's essential to consider the overall context of the company's financial situation and industry norms when interpreting this ratio as the absence of debt may also limit the company's ability to leverage opportunities for growth or capital investments.
Peer comparison
Dec 31, 2024