Vulcan Materials annual operating margin
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2025
Vulcan Materials Operating Margin Growth & History (VMC)
Vulcan Materials's operating margin was 20.40% for fiscal 2025.
View full Vulcan Materials company overviewVulcan Materials annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.40% | +2.00 pp |
| 2024 | 2024-12-31 | 18.40% | +0.05 pp |
| 2023 | 2023-12-31 | 18.34% | +5.34 pp |
| 2022 | 2022-12-31 | 13.01% | −5.20 pp |
| 2021 | 2021-12-31 | 18.21% | −0.24 pp |
| 2020 | 2020-12-31 | 18.44% | +0.64 pp |
| 2019 | 2019-12-31 | 17.80% | +0.74 pp |
| 2018 | 2018-12-31 | 17.06% | +0.63 pp |
| 2017 | 2017-12-31 | 16.43% | −2.11 pp |
| 2016 | 2016-12-31 | 18.54% | +2.47 pp |
| 2015 | 2015-12-31 | 16.07% | −1.91 pp |
| 2014 | 2014-12-31 | 17.97% | +11.10 pp |
| 2013 | 2013-12-31 | 6.87% | +3.57 pp |
| 2012 | 2012-12-31 | 3.30% | +0.83 pp |
| 2011 | 2011-12-31 | 2.47% | +3.04 pp |
| 2010 | 2010-12-31 | −0.57% | −6.09 pp |
| 2009 | 2009-12-31 | 5.52% | −1.30 pp |
| 2008 | 2008-12-31 | 6.82% | −14.65 pp |
| 2007 | 2007-12-31 | 21.47% | — |
Vulcan Materials quarterly operating margin
Q2.08
Q3.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
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Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q1 2026 | 2026-03-31 | 15.11% | +1.26 pp |
| Q4 2025 | 2025-12-31 | 19.82% | −1.81 pp |
| Q3 2025 | 2025-09-30 | 23.70% | +6.88 pp |
| Q2 2025 | 2025-06-30 | 22.40% | −0.11 pp |
| Q1 2025 | 2025-03-31 | 13.85% | +2.66 pp |
| Q4 2024 | 2024-12-31 | 21.63% | +1.44 pp |
| Q3 2024 | 2024-09-30 | 16.82% | −2.34 pp |
| Q2 2024 | 2024-06-30 | 22.52% | +1.17 pp |
| Q1 2024 | 2024-03-31 | 11.19% | −0.17 pp |
| Q4 2023 | 2023-12-31 | 20.18% | +9.13 pp |
| Q3 2023 | 2023-09-30 | 19.16% | +4.54 pp |
| Q2 2023 | 2023-06-30 | 21.35% | +5.61 pp |
| Q1 2023 | 2023-03-31 | 11.35% | +1.81 pp |
| Q4 2022 | 2022-12-31 | 11.05% | −2.11 pp |
| Q3 2022 | 2022-09-30 | 14.62% | −2.68 pp |
| Q2 2022 | 2022-06-30 | 15.74% | −5.38 pp |
| Q1 2022 | 2022-03-31 | 9.54% | −13.81 pp |
| Q4 2021 | 2021-12-31 | 13.16% | −3.55 pp |
| Q3 2021 | 2021-09-30 | 17.30% | −4.69 pp |
| Q2 2021 | 2021-06-30 | 21.12% | −1.48 pp |
| Q1 2021 | 2021-03-31 | 23.35% | +12.65 pp |
| Q4 2020 | 2020-12-31 | 16.71% | +0.39 pp |
| Q3 2020 | 2020-09-30 | 21.99% | +0.61 pp |
| Q2 2020 | 2020-06-30 | 22.60% | +1.81 pp |
| Q1 2020 | 2020-03-31 | 10.70% | +0.22 pp |
| Q4 2019 | 2019-12-31 | 16.32% | −0.87 pp |
| Q3 2019 | 2019-09-30 | 21.38% | +1.29 pp |
| Q2 2019 | 2019-06-30 | 20.79% | +1.61 pp |
| Q1 2019 | 2019-03-31 | 10.48% | +0.98 pp |
| Q4 2018 | 2018-12-31 | 17.19% | +1.93 pp |
| Q3 2018 | 2018-09-30 | 20.09% | −0.69 pp |
| Q2 2018 | 2018-06-30 | 19.19% | +0.56 pp |
| Q1 2018 | 2018-03-31 | 9.50% | +0.56 pp |
| Q4 2017 | 2017-12-31 | 15.27% | −3.08 pp |
| Q3 2017 | 2017-09-30 | 20.78% | −1.74 pp |
| Q2 2017 | 2017-06-30 | 18.62% | −3.72 pp |
| Q1 2017 | 2017-03-31 | 8.94% | +0.34 pp |
| Q4 2016 | 2016-12-31 | 18.34% | −1.84 pp |
| Q3 2016 | 2016-09-30 | 22.52% | +2.09 pp |
| Q2 2016 | 2016-06-30 | 22.34% | +5.16 pp |
| Q1 2016 | 2016-03-31 | 8.60% | +6.90 pp |
| Q4 2015 | 2015-12-31 | 20.18% | +6.95 pp |
| Q3 2015 | 2015-09-30 | 20.43% | +4.37 pp |
| Q2 2015 | 2015-06-30 | 17.18% | +4.13 pp |
| Q1 2015 | 2015-03-31 | 1.70% | −32.19 pp |
| Q4 2014 | 2014-12-31 | 13.23% | +5.32 pp |
| Q3 2014 | 2014-09-30 | 16.06% | +3.80 pp |
| Q2 2014 | 2014-06-30 | 13.05% | +1.29 pp |
| Q1 2014 | 2014-03-31 | 33.89% | +43.19 pp |
| Q4 2013 | 2013-12-31 | 7.91% | −1.21 pp |
| Q3 2013 | 2013-09-30 | 12.26% | +4.60 pp |
| Q2 2013 | 2013-06-30 | 11.76% | +8.93 pp |
| Q1 2013 | 2013-03-31 | −9.30% | −0.67 pp |
| Q4 2012 | 2012-12-31 | 9.13% | +10.03 pp |
| Q3 2012 | 2012-09-30 | 7.66% | −6.36 pp |
| Q2 2012 | 2012-06-30 | 2.83% | −0.51 pp |
| Q1 2012 | 2012-03-31 | −8.64% | +3.92 pp |
| Q4 2011 | 2011-12-31 | −0.90% | +4.12 pp |
| Q3 2011 | 2011-09-30 | 14.02% | +7.24 pp |
| Q2 2011 | 2011-06-30 | 3.35% | +3.18 pp |
| Q1 2011 | 2011-03-31 | −12.56% | −5.10 pp |
| Q4 2010 | 2010-12-31 | −5.02% | −5.25 pp |
| Q3 2010 | 2010-09-30 | 6.79% | −3.84 pp |
| Q2 2010 | 2010-06-30 | 0.16% | −8.93 pp |
| Q1 2010 | 2010-03-31 | −7.45% | −7.23 pp |
| Q4 2009 | 2009-12-31 | 0.24% | −12.43 pp |
| Q3 2009 | 2009-09-30 | 10.63% | −12.72 pp |
| Q2 2009 | 2009-06-30 | 9.10% | — |
| Q1 2009 | 2009-03-31 | −0.22% | — |
| Q3 2008 | 2008-09-30 | 12.66% | — |
| Q2 2008 | 2008-06-30 | 23.34% | — |
Vulcan Materials operating margin trends
Over the last five reported fiscal years, Vulcan Materials's operating margin increased from 18.44% to 20.40%, a change of +1.95 percentage points. The latest reported quarter, Q1 2026, shows 15.11%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Vulcan Materials filings at SEC.gov ↗