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 five-year period, Vulcan Materials Company’s revenue generally trended upward, growing from approximately $4.86 billion in 2020 to a peak of nearly $7.78 billion in 2023 before a slight pullback to about $7.42 billion in 2024. Notably, the most substantial revenue growth occurred from 2021 to 2022, with an increase of roughly 32%, which may reflect favorable market conditions or an uptick in construction and infrastructure spending—a common driver in the building materials industry. Gross profit followed an ascending trend through the period, rising steadily from $1.28 billion in 2020 to $1.95 billion in 2024, suggesting that cost management, operational efficiencies, or price adjustments helped sustain margins even as the revenue base expanded. Operating income and net income revealed more variability, indicative of underlying operational dynamics. While operating income increased significantly by about 58% between 2022 and 2023—from $951 million to $1.43 billion—this was followed by a modest decline of roughly 4.3% in 2024. Similarly, net income saw a substantial jump in 2023, reaching $933 million, before slightly tapering off to $912 million in 2024. The periods of marked improvement, especially in 2023, could be driven by better product mix or operational enhancements, whereas the minor declines in 2024 might signal market adjustments or temporary cost pressures. Overall, Vulcan Materials appears financially robust with healthy revenue growth and profitability metrics that indicate sustainable operations within a cyclical and often volatile industry environment.
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.