Vulcan Materials CoVMC -0.52%91 Pretax Margin % is 12.12% as of Mar. 2026, which is 21% below its 10-year median of 15.34. GuruFocus rates VMC with a GF Score™ of 91/100 and a GF Value™ of $277.27 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 405 Building Materials companies, Vulcan Materials Co ranks better than 80.99% on this metric.
The historical rank and industry rank for Vulcan Materials Co's Pretax Margin % or its related term are showing as below:
VMC'
s Pretax Margin % Range Over the Past 10 Years
Min: 9.29 Med: 15.34 Max: 17.85
Current: 17.85
VMC's Pretax Margin % is ranked better than 80.99% of 405
companies
in the Building Materials industry
Industry Median: 6.04
vs VMC: 17.85
Vulcan Materials Co (NYSE:VMC) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
Vulcan Materials Co Pretax Margin % Related Terms
Vulcan Materials Co Pretax Margin % Historical Data
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The historical data trend for Vulcan Materials Co's Pretax Margin % 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.
For the Building Materials subindustry, Vulcan Materials Co's Pretax Margin %, along with its competitors' market caps and Pretax Margin % 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 Pretax Margin % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Vulcan Materials Co's Pretax Margin % falls into.
* 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 (VMC) has a Pretax Margin % of 12.12% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Vulcan Materials Co and its competitors. This is 21% below median its historical median of 15.34. Over the past decade, Vulcan Materials Co's Pretax Margin % has ranged from 9.29 to 17.85. According to the industry distribution chart, Vulcan Materials Co ranks #77 out of 405 companies in the Building Materials industry, placing it in the top 19%.
Is Vulcan Materials Co's Pretax Margin % too high?
Vulcan Materials Co's current Pretax Margin % of 12.12% is 21% below median its 10-year median of 15.34. Over the past 10 years, this metric has ranged from a low of 9.29 to a high of 17.85. The Building Materials industry median Pretax Margin % is 6.04. Vulcan Materials Co's value of 12.12% is 100.7% above this industry median. Based on the distribution chart, Vulcan Materials Co ranks #77 out of 405 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Vulcan Materials Co has a GF Score™ of 91/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Materials Co's Pretax Margin % compare to MLM and JHX?
According to the Building Materials industry distribution chart, Vulcan Materials Co ranks #77 out of 405 companies for Pretax Margin %. This places Vulcan Materials Co in the top 19% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 6.04. Vulcan Materials Co's value of 12.12% is 100.7% above this benchmark. Historically, Vulcan Materials Co's own Pretax Margin % has ranged from 9.29 to 17.85 over the past decade. While the company's 10-year median is 15.34 vs. the industry median of 6.04, Vulcan Materials Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Pretax Margin % for a Building Materials company?
The median Pretax Margin % among Building Materials companies is 6.04, based on 405 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vulcan Materials Co's current Pretax Margin % of 12.12% is 100.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Vulcan Materials Co and its competitors. For the Building Materials industry, the median Pretax Margin % is 6.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Materials Co's current Pretax Margin % is 12.12%, which is 21% below median its own 10-year median of 15.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Materials Co stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Materials Co (VMC) is currently considered Modestly Overvalued. The stock's GF Value™ is $277.27, compared to a current price of $311.35 — trading 12.3% above its estimated fair value. The current Pretax Margin % is 12.12%, which is 21% below median its 10-year median of 15.34 and 100.7% above the Building Materials industry median of 6.04. Vulcan Materials Co's overall GF Score™ is 91/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For Vulcan Materials Co (VMC), the current Pretax Margin % is 12.12% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Vulcan Materials Co (VMC) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Materials Co stock appears to be overvalued.
The current stock price of $311.35 is trading 12.3% above its estimated GF Value™ of $277.27.
GuruFocus considers Vulcan Materials Co to be Modestly Overvalued.
Key valuation signals for VMC:
Pretax Margin %: 12.12% (21% below median its 10-year median of 15.34)
GF Value™: $277.27 vs. price of $311.35 (12.3% above fair value)
Industry Position: 100.7% above the Building Materials median (#77 of 405)
No single metric tells the full story. See the VMC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 2024, Vulcan sold 219.9 million tons of aggregates, 13.6 million tons of asphalt mix, and 3.6 million cubic yards of ready-mix. As of Dec. 31, 2024, the company had 16.5 billion tons of aggregate reserves.
91GF Score
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