Vulcan Materials Q4 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
- Oct 1 – Dec 31, 2025
- Reported
- Feb 19, 2026
Revenue$1.91B
+3% year over year
Gross profit$0.49B
25% margin
Operating profit$0.38B
20% margin
Net profit$0.25B
13% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.91 | 100% | +3% |
| Aggregates | 1.40 | 73% | +3% |
| Asphalt | 0.30 | 16% | −8% |
| Concrete | 0.21 | 11% | +29% |
| Cost of revenue | −1.43 | 75% | |
| Gross profit | 0.49 | 25% margin | −4pp |
| SG&A | −0.11 | 6% | +0pp |
| Operating profit | 0.38 | 20% margin | −2pp |
| Interest & other costs | −0.06 | ||
| Tax | −0.07 | ||
| Net profit | 0.25 | 13% margin | −3pp |
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