Vulcan Materials Co (Vulcan Materials Co) Debt-to-Equity

: 0.59 (As of Dec. 2023)

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Vulcan Materials Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1 Mil. Vulcan Materials Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $4,385 Mil. Vulcan Materials Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $7,483 Mil. Vulcan Materials Co's debt to equity for the quarter that ended in Dec. 2023 was 0.59.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Vulcan Materials Co's Debt-to-Equity or its related term are showing as below:

VMC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.43 Med: 0.57 Max: 0.69
Current: 0.59

During the past 13 years, the highest Debt-to-Equity Ratio of Vulcan Materials Co was 0.69. The lowest was 0.43. And the median was 0.57.

VMC's Debt-to-Equity is ranked worse than
67.14% of 353 companies
in the Building Materials industry
Industry Median: 0.39 vs VMC: 0.59

Vulcan Materials Co Debt-to-Equity Historical Data

The historical data trend for Vulcan Materials Co's Debt-to-Equity 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 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

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0.56

0.61

0.69

0.65

0.59

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
Debt-to-Equity	Get a 7-Day Free Trial															0.65	0.63	0.61	0.59	0.59

Competitive Comparison

For the Building Materials subindustry, Vulcan Materials Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution

For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vulcan Materials Co's Debt-to-Equity falls into.

Vulcan Materials Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vulcan Materials Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.5	+	4384.7)	/	7483.4
	=	0.59

Vulcan Materials Co's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.5	+	4384.7)	/	7483.4
	=	0.59

Vulcan Materials Co (NYSE:VMC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Vulcan Materials Co Debt-to-Equity Related Terms

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Vulcan Materials Co (Vulcan Materials Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Vulcan Materials Co (NYSE:VMC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

V1MC34:Brazil

Address

1200 Urban Center Drive, Birmingham, AL, USA, 35242

Website

https://www.vulcanmaterials.com

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