Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $4,857 | $5,552 | $7,315 | $7,782 | $7,418 |
| Gross Profit | $1,281 | $1,373 | $1,558 | $1,949 | $2,000 |
| Operating Income | $896 | $1,011 | $951 | $1,427 | $1,365 |
| Net Income | $584 | $671 | $576 | $933 | $912 |
Over the past five years, Vulcan Materials Company has shown an overall upward trajectory in key financial metrics, although there have been some notable fluctuations. Revenues increased from approximately USD 4.86 billion in 2020 to a peak of USD 7.78 billion in 2023, before declining slightly to around USD 7.42 billion in 2024. Gross profit trends largely mirror revenue growth, rising steadily from USD 1.28 billion in 2020 to nearly USD 2.00 billion in 2024, with particularly robust gains between 2022 and 2023. Operating income increased gradually from USD 895.7 million in 2020 to a significant jump of USD 1.43 billion in 2023, indicating improved efficiency or scale benefits during that period, before a modest decline in 2024. Net income trends, while generally positive, also reveal a few swings that warrant closer attention. After an initial increase from USD 584.5 million in 2020 to USD 670.8 million in 2021, net income dipped to USD 575.6 million in 2022, representing a notable contraction of over 14% year-over-year. However, 2023 saw a strong rebound, with net income rising to USD 933.2 million—an approximate 62% increase from the prior year—which indicates a potentially successful operational turnaround or cost efficiency initiative. In 2024, net income remained relatively stable at USD 911.9 million despite a slight revenue decline. Given that Vulcan Materials operates in the construction aggregates and heavy building materials industry—a sector closely linked to infrastructure spending and economic cycles—the overall financial health appears sustainable, with strong profit margins and operational improvements offering a positive outlook amid industry fluctuations.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.