Vulcan Materials Company (VMC)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 |
| 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 |
| Financial leverage ratio | 2.11 | 1.82 | 1.85 | 1.86 | 1.94 | 1.96 | 1.99 | 2.01 | 2.05 | 2.13 | 2.11 | 2.11 | 2.09 | 2.13 | 1.84 | 1.85 | 1.94 | 1.96 | 1.98 | 1.90 |
December 31, 2024 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $17,104,800K ÷ $8,118,600K
= 2.11
The financial leverage ratio of Vulcan Materials Company has shown fluctuations over the reported periods, ranging from a low of 1.82 to a high of 2.13. The ratio indicates the company's level of debt relative to its equity, with a higher ratio suggesting a higher level of financial leverage and potentially greater financial risk.
The trend in the financial leverage ratio for Vulcan Materials Company shows some variation, with an overall increase observed from the beginning to the middle of the analyzed period, followed by a subsequent decline towards the end of the period. This pattern suggests changes in the company's capital structure and borrowing practices over time.
It is essential for stakeholders to closely monitor the financial leverage ratio as it can impact the company's ability to meet its debt obligations and influence its overall financial health and stability. Further in-depth analysis and comparisons with industry benchmarks may provide additional insights into Vulcan Materials Company's leverage position and its implications for business performance and risk management.
Peer comparison
Dec 31, 2024