Vulcan Materials (VMC) Operating Margin (2009 - 2026)
Vulcan Materials (VMC) posted Operating Margin of 21.13% for Q2 2026, up 39.79% on a QoQ basis from 15.11% in Q1 2026, and down 127.0% year-over-year from 78.26% in Q2 2025.
Analysis
Vulcan Materials (VMC) Operating Margin (2009 - 2026) Analysis & Trends
Vulcan Materials has reported Operating Margin for 18 years, with the latest figure at 21.13% in Q2 2026.
- On a quarterly basis, Operating Margin fell 127.0% year-over-year to 21.13% in Q2 2026; TTM through Jun 2026 was 20.24%, a 134.0% increase from a year earlier, with the FY2025 full-year figure at 20.4%, up 200.0% from the prior year.
- Operating Margin was 21.13% for Q2 2026 at Vulcan Materials, up from 15.11% in the prior quarter.
- The five-year high for Operating Margin was 23.7% in Q3 2025, with the low at 9.54% in Q1 2022.
- Average Operating Margin over 5 years is 17.29%, with a median of 17.99% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Margin plunged 1381 bps in 2022, then surged 912 bps in 2023.
- Over 5 years, Operating Margin stood at 11.06% in 2022, then surged by 82 bps to 20.18% in 2023, then advanced by 7 bps to 21.63% in 2024, then fell by 8 bps to 19.81% in 2025, then increased by 7 bps to 21.13% in 2026.
- The last three Operating Margin figures came in at 21.13% (Q2 2026), 15.11% (Q1 2026), and 19.81% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Vulcan Materials | 33.98 Bn | 33.81 Bn | 625.50 Mn | 21.13% |
| 2 | Martin Marietta Materials | 30.91 Bn | 30.80 Bn | 495.00 Mn | 19.11% |
| 3 | Knife River | 3.51 Bn | 3.41 Bn | 162.77 Mn | 8.64% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.13% |
| Mar 31, 2026 | 15.11% |
| Dec 31, 2025 | 19.81% |
| Sep 30, 2025 | 23.70% |
| Jun 30, 2025 | 22.40% |
| Mar 31, 2025 | 13.85% |
| Dec 31, 2024 | 21.63% |
| Sep 30, 2024 | 16.82% |
| Jun 30, 2024 | 22.52% |
| Mar 31, 2024 | 11.19% |
| Dec 31, 2023 | 20.18% |
| Sep 30, 2023 | 19.16% |
| Jun 30, 2023 | 21.35% |
| Mar 31, 2023 | 11.35% |
| Dec 31, 2022 | 11.06% |
| Sep 30, 2022 | 14.62% |
| Jun 30, 2022 | 15.74% |
| Mar 31, 2022 | 9.54% |
| Dec 31, 2021 | 13.16% |
| Sep 30, 2021 | 17.30% |