Vulcan Materials Q1 2026: Strong Performance & Growth

Vulcan Materials starts 2026 with a robust first quarter, reporting a 9% increase in adjusted EBITDA to $447 million. Aggregate shipments surged 5% due to improved demand and fewer weather disruptions, while freight-adjusted prices climbed 4%. Gross margins expanded across segments, and theyre targeting $20 in cash gross profit per ton. Pricing momentum is building from January increases, with midyear hikes already planned. Costs rose 4% year-over-year, but operators achieved efficiencies to offset inflation. Public infrastructure projects are strong, with highway awards up 12% and overall public up 17%. Data centers drive private nonresidential growth, with 650 million square feet underway or announced. Residential growth is lagging due to affordability issues, but 60% of big projects are within 50 miles of their sites. Cash from operations topped $1.8 billion over the last year, funding $686 million in capex. They returned over $800 million to shareholders and cut debt by $350 million, hitting leverage at 1.9 times. Teams are focused on execution amid diesel spikes and geopolitics, aiming for full-year EBITDA between $2.4 and $2.6 billion. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/f38367653b68a26a