--- canonical_url: https://www.stockexpertai.com/earnings/vmc last_updated: 2026-05-05T22:34:17.729Z --- # Vulcan Materials Company (VMC) Q4 FY2026 Earnings Preview > This content was automatically generated with FMP live data + Q1 FY2026 earnings call transcript. Generated: 2026-05-05T22:34:17.362Z. Educational tool, not investment advice. --- ## Quick Summary | Field | Value | Source | |---|---|---| | Price | $291.51 (▲ 1.32%) | fmp:quote | | Market Cap | $37.8B | fmp:profile | | 52w range | $252.35 – $331.09 | fmp:quote | | Earnings | Thu 30 Jul | fmp:earnings-history | | EPS estimate | $2.66 (+9% YoY) | fmp:earnings-estimate | | Revenue estimate | $2.1B | fmp:earnings-estimate | | Beat streak | 1/4 | fmp:earnings-history | | Rating | B+ (overall 3/5) | fmp:ratings | | Analyst median target | $325 (+11.5% upside) | fmp:price-target-consensus | | MoonshotScore | 37/100 | derived | | Council | 3/6 bullish | derived | | Munger verdict | Fairly Valued | derived | ## Vulcan Materials Company — Q4 FY2026 Expectations Q4 consensus: revenue $2.1B^{[FMP est]}, EPS $2.66^{[FMP est]}. 1 consecutive quarters of beat^{[FMP earnings]}. ## Quick Take **Score:** B+ · **Stance:** HOLD · **Council:** 3/6 · **Moonshot:** 37 = MoonshotScore 37^{[9-pillar formula]} + Council 3/6^{[6-lens rule]}. Form 4: 0 transactions^{[FMP Form 4]}. ## Watchlist (6 metrics) ### 1. Full Year Ebitda Guidance Vulcan Materials continues to expect to deliver between $2.4 billion and $2.6 billion of adjusted EBITDA for the full year, building on momentum from its solid start to the year. > "I am confident in our ability to remain focused on the things we can control and to drive durable growth in our aggregates-led business momentum from our solid start to the year and continue to expect to deliver between $2.4 billion and $2.6 billion of adjusted EBITDA for the full year." > — Ronnie Pruitt, Chief Executive Officer, Expectation / Guide · Q1 FY2026 ### 2. Adjusted Ebitda Growth Vulcan Materials reported $447 million of adjusted EBITDA in Q1 2026, a 9% increase over the prior year. > "We generated $447 million of adjusted EBITDA, a 9% increase over the prior year." > — Ronnie Pruitt, Chief Executive Officer, Investor Focus · Q1 FY2026 ### 3. Aggregate Shipments Growth Vulcan Materials reported a 5% increase in aggregate shipments in Q1, supporting anticipated return to growth for 2026. > "Aggregate shipments in the first quarter support the anticipated return to growth for 2026. Shipments increased 5% compared to the prior year due to both improving demand and fewer extreme weather days than in the prior year." > — Ronnie Pruitt, Chief Executive Officer, Investor Focus · Q1 FY2026 ### 4. Data Center Demand Catalyst Vulcan Materials anticipates data centers, with approximately 650 million square feet under construction or announced, to be a positive catalyst for future aggregates demand. > "With approximately 650 million square feet under construction or announced, we anticipate data centers and other related investments to be a positive catalyst for future aggregates demand." > — Ronnie Pruitt, Chief Executive Officer, Investor Focus · Q1 FY2026 ### 5. Aggregate Pricing Improvement Vulcan Materials saw a 4% improvement in aggregates freight-adjusted price in Q1, with discussions underway for midyear increases. > "On a mix adjusted basis, aggregates freight-adjusted price improved 4% over the prior year's first quarter, in line with our expectations. The sequential growth from the prior quarter demonstrates the success of our January 1 price increases and discussions are already underway for midyear increases." > — Ronnie Pruitt, Chief Executive Officer, Investor Focus · Q1 FY2026 ### 6. Public Infrastructure Demand Vulcan Materials is seeing trailing 12-month highway awards in its markets up 12% and public infrastructure awards up 17%, providing a solid foundation for shipments. > "Trailing 12-month highway awards in our markets are up 12% from a year ago, and public infrastructure awards are up 17% over the same time frame. These levels far outpaced the U.S. as a whole." > — Ronnie Pruitt, Chief Executive Officer, Investor Focus · Q1 FY2026 ## MoonshotScore Pillars | Pillar | Score | Level | Evidence | |---|---|---|---| | Revenue Growth | 0.0 | weak | Q1 vs Q2: growth negative (-16.5%, contraction) | | Gross Margin | 2.0 | weak | Q1: low margin (24.1%, capital-intensive or commodity) | | Operating Leverage | 2.0 | weak | op margin healthy (16.8%) | | Cash Runway | 5.0 | medium | FCF under pressure ($0.1B FCF vs $0.2B CapEx) | | R&D Intensity | 3.0 | weak | low R&D investment (0.0%, weak innovation) | | Price Momentum | 7.0 | strong | RSI 52.0 balanced, 50d above | | News Sentiment | 7.0 | strong | strong buy consensus (73%) | **Formula:** sum(pillar.score) / (count * 10) * 100. Each pillar deterministic from FMP. Source maps in pillar.formula. ## Council (7-Lens) | Name | Stance | Context | |---|---|---| | Ray Dalio | bull | macro · target upside +11.5% | | Ken Griffin | bull | flow · 50d MA above | | Jim Simons | neutral | quant · RSI 52 | | Klarman | neutral | value · target upside +11.5% | | Buffett | bull | quality · ROE score 4/5 | | Munger | neutral | valuation · target upside +11.5% | **Formula:** Each lens uses deterministic rule on bundle data. Logged in member.contextTr. ## Munger Lens - **Verdict:** Fairly Valued - **Financial Health:** Moderate - **Margin of Safety:** Moderate - **Interest Coverage:** Adequate - **ROIC vs WACC:** Healthy **Formula:** verdict=upside>25?Undervalued:>0?Fairly Valued:Overvalued. Each lens deterministic from FMP ratings + priceTarget. ## Technical Levels - **RSI(14):** 52.0 — dengeli — yön sinyali zayıf - **50d MA:** $284 — hisse %2.6 üstünde — kısa vadeli destek - **200d MA:** $292 — hisse %0.2 altında — uzun vadeli baskı - **Volume (10d):** -39% ## Past Performance (4 Quarters) | Quarter | EPS Actual | EPS Estimate | Result | Reaction | |---|---|---|---|---| | Q2 FY25 | $2.45 | $2.53 | MISS | +0.1% | | Q3 FY25 | $2.84 | $2.73 | BEAT | -0.2% | | Q4 FY25 | $1.70 | $2.11 | MISS | -0.9% | | Q1 FY26 | $1.35 | $1.10 | +22.7% EPS | +1.9% | Q1 (April 29, 2026): EPS $1.35 vs $1.10 est^[FMP], +22.7% beat. D+1 movement: +1.9%^{[FMP D+1]}. Decline despite beat — market reacted to guidance, not numbers. ## 3 Scenarios ### Scenario A · Beat **Q4 EPS > $2.66 + CapEx discipline** Threshold: EPS > $2.66^{[FMP est]}. Target: Break above median target $325^{[FMP target]}; high target $360^[FMP] upper bound. ### Scenario B · In-Line **EPS ≈ $2.66 + CapEx < $176.5M** Threshold: EPS ≈ $2.66^{[FMP est]}, Q4 CapEx < $176.5M^[FMP]. Target: Consolidation in the band between current $292^[FMP] and median $325^[FMP]. ### Scenario C · Miss **EPS < $2.58 or CapEx ≥ $176.5M** Threshold: EPS < $2.58^{[FMP est×0.97]}. Target: Current $292^[FMP] below SMA200 $292, if rejection continues, $248^[derived] support activates. ## Risk Notes ### Primary segment below threshold Q1: EPS $1.35 vs $1.10 beat^[FMP], stock +1.9% D+1^[FMP]. ### Backlog concentration No RPO/backlog concentration disclosed in Q1 earnings call. ### Insider trading Form 4 data is marked in the table — this page does not generate assumptions for this stock. | Executive | Action | Amount | Date | |---|---|---|---| **Net:** — (0 transactions · 0 sells · 0 buys) · Q1 FY26 ### CapEx shock Q1 CapEx $176.5M^{[FMP cashflow]}. Q1 op margin 16.8%^{[FMP op margin]} — this level in Q4 is sensitive to CapEx revision risk. ## Wall Street Consensus - **Median target:** $325 (+11.5% upside vs current $292) - **High / Low:** $360 / $298 - **Buy / Hold / Sell:** 16 / 5 / 1 - **Analyst count:** 13 (last quarter), 43 all-time ## Additional Transcript Insights ### 1. adjusted_ebitda_growth **Claim:** Vulcan Materials reported $447 million of adjusted EBITDA in Q1 2026, a 9% increase over the prior year. **Evidence (transcript):** "We generated $447 million of adjusted EBITDA, a 9% increase over the prior year." **Numbers:** $447 million, 9% ### 2. aggregate_shipments_growth **Claim:** Vulcan Materials reported a 5% increase in aggregate shipments in Q1, supporting anticipated return to growth for 2026. **Evidence (transcript):** "Aggregate shipments in the first quarter support the anticipated return to growth for 2026. Shipments increased 5% compared to the prior year due to both improving demand and fewer extreme weather days than in the prior year." **Numbers:** 5% ### 3. aggregate_pricing_improvement **Claim:** Vulcan Materials saw a 4% improvement in aggregates freight-adjusted price in Q1, with discussions underway for midyear increases. **Evidence (transcript):** "On a mix adjusted basis, aggregates freight-adjusted price improved 4% over the prior year's first quarter, in line with our expectations. The sequential growth from the prior quarter demonstrates the success of our January 1 price increases and discussions are already underway for midyear increases." **Numbers:** 4%, 1 ### 4. public_infrastructure_demand **Claim:** Vulcan Materials is seeing trailing 12-month highway awards in its markets up 12% and public infrastructure awards up 17%, providing a solid foundation for shipments. **Evidence (transcript):** "Trailing 12-month highway awards in our markets are up 12% from a year ago, and public infrastructure awards are up 17% over the same time frame. These levels far outpaced the U.S. as a whole." **Numbers:** 12%, 17% ### 5. data_center_demand_catalyst **Claim:** Vulcan Materials anticipates data centers, with approximately 650 million square feet under construction or announced, to be a positive catalyst for future aggregates demand. **Evidence (transcript):** "With approximately 650 million square feet under construction or announced, we anticipate data centers and other related investments to be a positive catalyst for future aggregates demand." **Numbers:** 650 million ### 6. full_year_ebitda_guidance **Claim:** Vulcan Materials continues to expect to deliver between $2.4 billion and $2.6 billion of adjusted EBITDA for the full year, building on momentum from its solid start to the year. **Evidence (transcript):** "I am confident in our ability to remain focused on the things we can control and to drive durable growth in our aggregates-led business momentum from our solid start to the year and continue to expect to deliver between $2.4 billion and $2.6 billion of adjusted EBITDA for the full year." **Numbers:** $2.4 billion, $2.6 billion --- *Data source: FMP (live query, 2026-05-05), Q1 FY2026 earnings call transcript (Translated to EN with Gemini 2.0 Flash). Educational tool, not investment advice.*