Record Adjusted EBITDA Growth
Vulcan Materials achieved $550 million in adjusted EBITDA for Q4 2024, marking a 16% year-over-year improvement with a consistent improvement in adjusted EBITDA margin for eight consecutive quarters.
Significant Acquisitions and Expansion
The company deployed over $2 billion towards strategic acquisitions, expanding presence in new growth areas and strengthening existing franchises in top revenue states.
Strong Pricing Momentum in Aggregates
Aggregate freight-adjusted price improved by 11% in the quarter, consistent with full-year results, showcasing widespread geographical price improvement.
Cash Gross Profit per Ton Growth
Cash gross profit per ton in the Aggregates segment expanded by 16% to $11.50, driven by pricing momentum and moderating unit cash cost of sales.
Successful Financial Management
The company maintained a net debt to adjusted EBITDA leverage of 2.3 times and returned $313 million to shareholders through dividends and share repurchases.