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Vulcan Materials Company

VMC · 미국
거래소
미국
국가 / 지역
USA
상장일
1988년 1월 5일
직원 수
11,548
현재가
$284.49
실시간 · 2026년 7월 27일
적정 매수가
≤ $210
안전마진 진입가
베일리 성장 점수
43/100
다소 약함
내재가치 · 3단계 구간 현재가 $284.49 실시간 · 낙관적 상단 위 · 미래 성장 과도 반영

종합 밸류에이션 구간 · 보수적 $140–$170 / 적정 $180–$210 / 낙관적 $230–$260. $284.49 기준, 낙관적 상단 위 · 미래 성장 과도 반영.

보고서 발행 시 $275.65(2026년 5월 28일)

시가총액US$362.92억
매출 (TTM)US$80.62억
EBITDAUS$23.51억
순이익률13.81%
ROE13.46%
PER (TTM)33.14
선행 PER30.03
PEG2.38
EPSUS$8.44
배당수익률0.72%
52주 범위US$251.85 – US$329.81
애널리스트 목표주가US$325.86
애널리스트 평가4.2 / 5

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Vulcan Materials Company produces and supplies construction aggregates in the United States. It operates through three segments: Aggregates, Asphalt, and Concrete. The company provides crushed stone, sand and gravel, sand, and other aggregates for use in construction and maintenance of highways, streets, and other public works, as well as in the construction of housing and commercial, industrial, and other nonresidential facilities; aggregates that are used as ballast for construction and maintenance of railroad tracks; riprap and jetty stones for use in erosion control along roads and waterways; asphalt mix; asphalt construction paving services; and ready-mixed concrete products. The company was formerly known as Virginia Holdco, Inc. and changed its name to Vulcan Materials Company. Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama.

연혁

Vulcan Materials Company was founded in 1909 and is headquartered in Birmingham, Alabama; it was formerly known as Virginia Holdco, Inc. before changing its name to Vulcan Materials Company, and listed on its IPO date of January 5, 1988. The company produces and supplies construction aggregates in the United States and operates through three segments: Aggregates, Asphalt, and Concrete, with its core business being construction aggregates (crushed stone, sand and gravel) and aggregate-intensive downstream products such as asphalt mix and ready-mixed concrete. By the end of 2025 it operated across 23 U.S. states, Washington, D.C., the U.S. Virgin Islands, and locations including British Columbia in Canada and the Bahamas, running 425 active aggregates facilities, 71 asphalt facilities, and 76 concrete facilities, and held 16.6 billion tons of proven and probable aggregates reserves across roughly 310,000 acres of land. In 2026 the company completed a CEO transition: Ronnie A. Pruitt, previously COO and formerly CEO of U.S. Concrete, became CEO and joined the board effective January 2026, while Tom Hill moved to the role of executive chairman. As of the most recent disclosures the company employed 11,548 people.

업계 내 위치

Vulcan Materials states in its 2025 10-K that it is the largest construction aggregates supplier in the United States, supported by 425 active aggregates facilities and 16.6 billion tons of reserves. Because aggregates are high in weight and low in unit price with a limited transport radius, the market is strongly local in character, giving the company a regional position more like a set of local oligopoly assets than a national commodity business; quarries located on rail and water nodes can additionally serve distant markets that lack local reserves. The company's moat derives from the combination of reserves, permits, location, transport capacity, scale, and execution rather than from brand, patents, or network effects, with 83% of its reserves located at producing-stage assets and 63% on owned land. Its principal comparable peers include Martin Marietta, CRH, and Knife River. In terms of end markets, the company discloses that historically about 40% to 55% of its aggregates shipments ultimately go to publicly funded construction, while in 2024 its top five customers accounted for only about 8% of total revenue and no single customer exceeded 3%.

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