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Vulcan Materials Co (FRA:VMC) Gross Profit : €1,806 Mil (TTM As of Mar. 2024)


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What is Vulcan Materials Co Gross Profit?

Vulcan Materials Co's gross profit for the three months ended in Mar. 2024 was €281 Mil. Vulcan Materials Co's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was €1,806 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vulcan Materials Co's gross profit for the three months ended in Mar. 2024 was €281 Mil. Vulcan Materials Co's Revenue for the three months ended in Mar. 2024 was €1,422 Mil. Therefore, Vulcan Materials Co's Gross Margin % for the quarter that ended in Mar. 2024 was 19.73%.

Vulcan Materials Co had a gross margin of 19.73% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Vulcan Materials Co was 27.53%. The lowest was 19.62%. And the median was 25.09%.

Warning Sign:

Vulcan Materials Co gross margin has been in long-term decline. The average rate of decline per year is -1.8%.


Vulcan Materials Co Gross Profit Historical Data

The historical data trend for Vulcan Materials Co's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vulcan Materials Co Gross Profit Chart

Vulcan Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,130.31 1,053.39 1,215.46 1,470.47 1,786.77

Vulcan Materials Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 282.07 538.39 553.77 433.01 280.51

Competitive Comparison of Vulcan Materials Co's Gross Profit

For the Building Materials subindustry, Vulcan Materials Co's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vulcan Materials Co's Gross Profit Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's Gross Profit distribution charts can be found below:

* The bar in red indicates where Vulcan Materials Co's Gross Profit falls into.



Vulcan Materials Co Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Vulcan Materials Co's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=7136.002 - 5349.228
=1,787

Vulcan Materials Co's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=1422.044 - 1141.536
=281

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1,806 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Vulcan Materials Co's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=281 / 1422.044
=19.73 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Vulcan Materials Co  (FRA:VMC) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Vulcan Materials Co had a gross margin of 19.73% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Vulcan Materials Co Gross Profit Related Terms

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Vulcan Materials Co (FRA:VMC) Business Description

Traded in Other Exchanges
Address
1200 Urban Center Drive, Birmingham, AL, USA, 35242
Vulcan Materials is the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). Its largest markets include Texas, California, Virginia, Tennessee, Georgia, Florida, North Carolina, and Alabama. In 2022, Vulcan sold 263.4 million tons of aggregates, 12.2 million tons of asphalt mix, and 10.5 million cubic yards of ready-mix. As of Dec. 31, 2022, the company had nearly 16 billion tons of aggregates reserves.

Vulcan Materials Co (FRA:VMC) Headlines