GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vulcan Materials Co (NYSE:VMC) » Definitions » Net Income

Vulcan Materials Co (Vulcan Materials Co) Net Income : $933 Mil (TTM As of Dec. 2023)


View and export this data going back to 1957. Start your Free Trial

What is Vulcan Materials Co Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Vulcan Materials Co's Net Income for the three months ended in Dec. 2023 was $227 Mil. Its Net Income for the trailing twelve months (TTM) ended in Dec. 2023 was $933 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Vulcan Materials Co's Earnings per Share (Diluted) for the three months ended in Dec. 2023 was $1.70.


Vulcan Materials Co Net Income Historical Data

The historical data trend for Vulcan Materials Co's Net Income 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 Net Income Chart

Vulcan Materials Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 617.70 584.50 670.80 575.60 933.20

Vulcan Materials Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Net Income 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 119.40 120.70 308.60 276.50 227.40

Vulcan Materials Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

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

Net Income(A: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1245.1+-299.4+-10.8+-1.6999999999999
=933

Vulcan Materials Co's Net Income for the quarter that ended in Dec. 2023 is calculated as

Net Income(Q: Dec. 2023 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=335.3+-105+-2.2+-0.70000000000002
=227

Net Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $933 Mil.

* 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.


Vulcan Materials Co  (NYSE:VMC) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Vulcan Materials Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Dec. 2023 is calculated as

* 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.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Vulcan Materials Co Net Income Related Terms

Thank you for viewing the detailed overview of Vulcan Materials Co's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Vulcan Materials Co (Vulcan Materials Co) 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.
Executives
Stanley G Bass officer: Chief Growth Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
David P Clements officer: Senior Vice President, Central 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Melissa H. Anderson director ALBEMARLE CORPORATION, 4250 CONGRESS ST. SUITE 900, CHARLOTTE NC 28209
J Thomas Hill officer: Sr VP - South Region 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Randy L. Pigg officer: Vice President and Controller 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Mary Andrews Carlisle officer: SVP and CFO 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Lydia H Kennard director 155 N LAKE AVE, PASADENA CA 91101
Darren L. Hicks officer: Chief Human Resources Officer 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Perkins Jerry F Jr officer: General Counsel and Secetary 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Jason P Teter officer: President, S&GC Division 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Ronnie A Pruitt officer: Senior Vice President C/O U.S. CONCRETE, INC., 331 N. MAIN STREET, EULESS TX 76039
David P Steiner director 1001 FANNIN ST, STE 4000, HOUSTON TX 77002
George Willis director 55 GLENLAKE PARKWAY, NE, ATLANTA GA 30328
Franklin Denson N. Iii officer: SVP & General Counsel 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242
Michael R Mills officer: Senior Vice President and Gene 1200 URBAN CENTER DRIVE, BIRMINGHAM AL 35242

Vulcan Materials Co (Vulcan Materials Co) Headlines

From GuruFocus

Q1 2021 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2019 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2021 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q2 2020 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Vulcan Materials Co Aggregates Day Transcript

By GuruFocus Research 01-23-2024

Q4 2019 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2018 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2020 Vulcan Materials Co Earnings Call Transcript

By GuruFocus Research 01-23-2024