Vulcan Materials reported first quarter 2026 revenue of $1.76 billion and adjusted EPS of $1.35, beating analyst estimates of $1.67 billion and $1.13, respectively. Total revenue grew 7% year-over-year, driven by strength in the Aggregates segment, and the company reaffirmed its full-year Adjusted EBITDA guidance.
Key Highlights
- Aggregates segment gross profit, a key investor focus, grew 12% to $400.3 million, with cash gross profit per ton increasing to $10.93 from $10.63 in the prior-year period.
- Both pricing and volume in the core Aggregates segment showed strength, as shipments increased 5% and freight-adjusted selling prices rose 4% on a mix-adjusted basis.
- Management reaffirmed its full-year 2026 outlook for Adjusted EBITDA to be between $2.4 billion and $2.6 billion, citing momentum from public construction activity and large projects.