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Vulcan Materials (VMC) Financial Forecast Calculator

Interactive 5-year forecast and DCF for Vulcan Materials. Adjust revenue growth, gross margin, capex intensity, WACC, and terminal growth - see revenue, free cash flow, and enterprise value update in real time. Seeded from Vulcan Materials’s most recent SEC filings.

Revenue FY30
$13.77B
from $7.78B
FCF FY30
$1.46B
Margin 10.6%
Enterprise value
$21.06B
2.7× LTM revenue
Equity value
$16.72B
Net debt $4.35B
Revenue & free cash flow - history and 5-year forecast
Line (area)
Bars
Historicals from SEC EDGAR (grey). Forecast years (color) update live as you move the sliders.

Assumptions

Revenue growth (annual)
12.1%
-10.0%baseline 12.1%40.0%
Gross margin
24.6%
5.0%baseline 24.6%90.0%
Capex % of revenue
8.6%
0.0%baseline 8.6%30.0%
WACC (discount rate)
9.00%
4.0%baseline 9.0%18.0%
Terminal growth
2.50%
0.0%baseline 2.5%5.0%

Need this as an Excel model?

Keep iterating on the Vulcan Materials forecast in Excel. The downloadable sample has every assumption you see here plus a fully integrated income statement, balance sheet, cash flow, and debt schedule - five years of SEC historicals and live formulas in a fully editable workbook.

income_statement.xlsx
Income statement, brown brand palette
income_statement.xlsx
Income statement, green brand palette
income_statement.xlsx
Income statement, red brand palette

Frequently asked

What does Vulcan Materials Company primarily produce?+

Vulcan Materials Company is the largest producer of construction aggregates in the United States, including crushed stone, sand, and gravel. They also produce aggregates-based construction materials like asphalt mix and ready-mixed concrete, which are essential for various construction projects.

How does Vulcan Materials Company generate its revenue?+

Vulcan Materials generates revenue primarily from its Aggregates segment, which accounts for approximately 75% of total revenue and over 90% of gross profit. Additional revenue comes from their Asphalt and Concrete segments. The company benefits from strong aggregates pricing power and infrastructure-driven volume growth, particularly in high-growth Sunbelt states.

What is the assumed revenue growth rate in the Vulcan Materials financial model?+

The financial model for Vulcan Materials Company assumes a revenue growth rate of approximately 12.1% for the FY2026–FY2030 forecast horizon. This is a key assumption used to project the company's future financial performance. Other significant assumptions include COGS as a percentage of revenue at about 75.4% and SGA at approximately 7.3%.

What is the main purpose of the Vulcan Materials Company financial model?+

The primary purpose of the Vulcan Materials financial model is to evaluate the company's equity valuation and its capacity for cash flow generation. Analysts can use this model to determine if the company's strong aggregates pricing power and infrastructure-driven volume growth justify its current market valuation.

Is there a downloadable Excel financial model available for Vulcan Materials?+

Yes, an Excel financial model for Vulcan Materials Company is available for download. This model allows users to analyze the company's financial performance and input their own assumptions for forecasting.

What is Vulcan Materials Company's approach to capital expenditure and M&A?+

Vulcan Materials allocates approximately 8-9% of its revenue to capital expenditure, with roughly 60% dedicated to maintenance and 40% to growth initiatives. The company is also a serial bolt-on acquirer, regularly purchasing independent quarries to expand its mineral reserve base and geographic footprint.

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