VMC (Vulcan Materials Co) ROA %: 3.97% (As of Mar. 2026) — 28% Below Median


VMC Vulcan Materials Co VMC
91 GF Score
Price $311.35
GF Value $277.27
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Vulcan Materials Co ROA %?

Vulcan Materials Co VMC -0.52% 91 ROA % is 3.97% as of Mar. 2026, which is 28% below its 10-year median of 5.55. 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 411 Building Materials companies, Vulcan Materials Co ranks better than 79.08% on this metric.

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Vulcan Materials Co's annualized Net Income for the quarter that ended in Mar. 2026 was $662 Mil. Vulcan Materials Co's average Total Assets over the quarter that ended in Mar. 2026 was $16,687 Mil. Therefore, Vulcan Materials Co's annualized ROA % for the quarter that ended in Mar. 2026 was 3.97%.

The historical rank and industry rank for Vulcan Materials Co's ROA % or its related term are showing as below:

VMC' s ROA % Range Over the Past 10 Years
Min: 4.12   Med: 5.55   Max: 6.69
Current: 6.62

During the past 13 years, Vulcan Materials Co's highest ROA % was 6.69%. The lowest was 4.12%. And the median was 5.55%.

VMC's ROA % is ranked better than
79.08% of 411 companies
in the Building Materials industry
Industry Median: 2.35 vs VMC: 6.62

Vulcan Materials Co  (NYSE:VMC) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2026 )
=Net Income/Total Assets
=662/16686.65
=(Net Income / Revenue)*(Revenue / Total Assets)
=(662 / 7023.6)*(7023.6 / 16686.65)
=Net Margin %*Asset Turnover
=9.43 %*0.4209
=3.97 %

Note: The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Vulcan Materials Co ROA % Related Terms


Vulcan Materials Co ROA % Historical Data

* Premium members only.

The historical data trend for Vulcan Materials Co's ROA % 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.

Vulcan Materials Co ROA % Chart

Vulcan Materials Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.29 4.12 6.48 5.76 6.37

Vulcan Materials Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROA % 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 3.05 7.62 8.83 5.99 3.97

VMC vs MLM, JHX, EXP: ROA % Comparison

For the Building Materials subindustry, Vulcan Materials Co's ROA %, along with its competitors' market caps and ROA % 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 ROA % vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Vulcan Materials Co's ROA % distribution charts can be found below:

* The bar in red indicates where Vulcan Materials Co's ROA % falls into.


VMC
91GF Score
Vulcan Materials Co VMC
ROA % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Materials Co ROA % Calculation

Vulcan Materials Co's annualized ROA % for the fiscal year that ended in Dec. 2025 is calculated as:

ROA %=Net Income (A: Dec. 2025 )/( (Total Assets (A: Dec. 2024 )+Total Assets (A: Dec. 2025 ))/ count )
=1076.7/( (17104.8+16700.4)/ 2 )
=1076.7/16902.6
=6.37 %

Vulcan Materials Co's annualized ROA % for the quarter that ended in Mar. 2026 is calculated as:

ROA %=Net Income (Q: Mar. 2026 )/( (Total Assets (Q: Dec. 2025 )+Total Assets (Q: Mar. 2026 ))/ count )
=662/( (16700.4+16672.9)/ 2 )
=662/16686.65
=3.97 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2026) net income data. ROA % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROA % →
What does a ROA % of 3.97% mean?
Vulcan Materials Co (VMC) has a ROA % of 3.97% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vulcan Materials Co and its competitors. This is 28% below median its historical median of 5.55. Over the past decade, Vulcan Materials Co's ROA % has ranged from 4.12 to 6.69. According to the industry distribution chart, Vulcan Materials Co ranks #86 out of 411 companies in the Building Materials industry, placing it in the top 20.9%.
Is Vulcan Materials Co's ROA % too high?
Vulcan Materials Co's current ROA % of 3.97% is 28% below median its 10-year median of 5.55. Over the past 10 years, this metric has ranged from a low of 4.12 to a high of 6.69. The Building Materials industry median ROA % is 2.35. Vulcan Materials Co's value of 3.97% is 68.9% above this industry median. Based on the distribution chart, Vulcan Materials Co ranks #86 out of 411 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 ROA % compare to MLM and JHX?
According to the Building Materials industry distribution chart, Vulcan Materials Co ranks #86 out of 411 companies for ROA %. This places Vulcan Materials Co in the top 21% of its industry — outperforming the majority of peers. The industry median ROA % is 2.35. Vulcan Materials Co's value of 3.97% is 68.9% above this benchmark. Historically, Vulcan Materials Co's own ROA % has ranged from 4.12 to 6.69 over the past decade. While the company's 10-year median is 5.55 vs. the industry median of 2.35, 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 ROA % for a Building Materials company?
The median ROA % among Building Materials companies is 2.35, based on 411 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vulcan Materials Co's current ROA % of 3.97% is 68.9% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Vulcan Materials Co and its competitors. For the Building Materials industry, the median ROA % is 2.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Materials Co's current ROA % is 3.97%, which is 28% below median its own 10-year median of 5.55. 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 ROA % is 3.97%, which is 28% below median its 10-year median of 5.55 and 68.9% above the Building Materials industry median of 2.35. 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 ROA % calculated?
ROA % is calculated from a company's financial statements. For Vulcan Materials Co (VMC), the current ROA % is 3.97% 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:

  • ROA %: 3.97% (28% below median its 10-year median of 5.55)
  • GF Value™: $277.27 vs. price of $311.35 (12.3% above fair value)
  • GF Score™: 91/100 with 6 warning signs
  • Industry Position: 68.9% above the Building Materials median (#86 of 411)

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 Co Business Description

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 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

Get the complete analysis for VMC

ROA % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$311.35
Price
$277.27
GF Value