Vulcan Materials CO
For the period ended Dec 31, 2024. Filed Feb 20, 2025.
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FY2024 · Filed Feb 20, 2025
VMC$287.31-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Comprehensive Income
| For the Years Ended December 31 | |||
|---|---|---|---|
| in millions, except per share data | 2024 | 2023 | 2022 |
| Total revenues | $7,417.7 | $7,781.9 | $7,315.2 |
| Cost of revenues | (5,418.1) | (5,833.4) | (5,757.5) |
| Gross profit | 1,999.6 | 1,948.5 | 1,557.7 |
| Selling, administrative and general expenses | (531.1) | (542.8) | (515.1) |
| Gain on sale of property, plant & equipment and businesses | 52.3 | 76.4 | 10.7 |
| Loss on impairments | (86.6) | (28.3) | (67.9) |
| Other operating expense, net | (69.7) | (26.4) | (34.0) |
| Operating earnings | 1,364.5 | 1,427.4 | 951.4 |
| Other nonoperating income (expense), net | (22.1) | (2.7) | 5.1 |
| Interest income | 20.9 | 16.5 | 0.8 |
| Interest expense | (191.2) | (196.1) | (169.2) |
| Earnings from continuing operations before income taxes | 1,172.1 | 1,245.1 | 788.1 |
| Income tax (expense) benefit | |||
| Current | (261.3) | (343.6) | (133.4) |
| Deferred | 9.9 | 44.2 | (59.6) |
| Total income tax expense | (251.4) | (299.4) | (193.0) |
| Earnings from continuing operations | 920.7 | 945.7 | 595.1 |
| Loss on discontinued operations, net of tax | (7.6) | (10.8) | (18.6) |
| Net earnings | 913.1 | 934.9 | 576.5 |
| Earnings attributable to noncontrolling interest | (1.2) | (1.7) | (0.9) |
| Net earnings attributable to Vulcan | $911.9 | $933.2 | $575.6 |
| Other comprehensive income (loss), net of tax | |||
| Amortization of accumulated cash flow hedge losses | 1.7 | 1.6 | 1.5 |
| Adjustment for funded status of benefit plans | 9.7 | 4.2 | (6.5) |
| Amortization of accumulated benefit plan costs | 5.0 | 5.1 | 3.0 |
| Other comprehensive income (loss) | 16.4 | 10.9 | (2.0) |
| Comprehensive income | 929.5 | 945.8 | 574.5 |
| Comprehensive earnings attributable to noncontrolling interest | (1.2) | (1.7) | (0.9) |
| Comprehensive income attributable to Vulcan | $928.3 | $944.1 | $573.6 |
| Basic earnings (loss) per share attributable to Vulcan | |||
| Continuing operations | $6.95 | $7.10 | $4.47 |
| Discontinued operations | (0.06) | (0.08) | (0.14) |
| Net earnings | $6.89 | $7.02 | $4.33 |
| Diluted earnings (loss) per share attributable to Vulcan | |||
| Continuing operations | $6.91 | $7.06 | $4.45 |
| Discontinued operations | (0.06) | (0.08) | (0.14) |
| Net earnings | $6.85 | $6.98 | $4.31 |
| Weighted-average common shares outstanding | |||
| Basic | 132.3 | 133.0 | 133.0 |
| Assuming dilution | 133.1 | 133.7 | 133.6 |
| Part II | 64 |
|---|
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