Vulcan Materials Q3 FY25: where the revenue came from and where it went
The whole income statement of Vulcan Materials for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Jul 1 – Sep 30, 2025
- Reported
- Oct 30, 2025
Revenue$2.29B
+14% year over year
Gross profit$0.70B
30% margin
Operating profit$0.54B
24% margin
Net profit$0.38B
16% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 2.29 | 100% | +14% |
| Aggregates | 1.64 | 72% | +13% |
| Asphalt | 0.42 | 18% | +9% |
| Concrete | 0.24 | 10% | +36% |
| Cost of revenue | −1.59 | 70% | |
| Gross profit | 0.70 | 30% margin | +2pp |
| SG&A | −0.15 | 6% | +0pp |
| Other | −0.01 | 1% | +0pp |
| Operating profit | 0.54 | 24% margin | +7pp |
| Interest & other costs | −0.06 | ||
| Tax | −0.11 | ||
| Net profit | 0.38 | 16% margin | +6pp |
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