EarningsQ2 2026 Earnings Report
CH:VMC Q2 2026 EPS Results
Actual EPSCHF2.15
Consensus EPSCHF2.05
Beat/MissBeat by +CHF0.10
One Year Ago EPSCHF2.03
CH:VMC Q2 2026 Revenue Results
Actual RevenueCHF1.79B
Expected RevenueCHF1.78B
Beat/MissBeat by +CHF12.67M
YoY Revenue Growth+2.54%
Earnings Announcement Details
QuarterQ2 2026
Date07/29/2026
TimeBefore Open
Conference CallWednesday, July 29, 2026
CH:VMC Upcoming Earnings
Vulcan Materials's next earnings date is estimated for October 29, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
CH:VMC Q2 2026 Earnings Call
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Q2 2026 Earnings Slide Deck
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call emphasized operational resilience and disciplined commercial execution: the company delivered roughly flat adjusted EBITDA despite nearly $40 million of energy headwinds, achieved a 5% mix-adjusted price improvement, modest volume growth, expanded cash gross profit per ton and maintained a strong balance sheet and active M&A/capital return program. Offsets include sticky diesel/energy costs, weather-related volume disruptions, near-term margin pressure (notably Q3), continued weakness in single-family residential, and a disappointing arbitration damages award despite a favorable ruling on violations. On balance, positive execution, pricing progress, capital returns, and a healthy balance sheet outweighed the near-term cost and volume headwinds.Company Guidance
Adjusted EBITDA Resilience
Generated $654 million of adjusted EBITDA in Q2, approximately flat with prior year despite energy headwinds of almost $40 million; reaffirmed full-year adjusted EBITDA guidance of $2.4 billion to $2.6 billion.
Price Realization and Selling Price Improvement
Mix-adjusted average selling prices improved 5% year-over-year; aggregates freight-adjusted selling prices moved higher both sequentially and year-over-year, with midyear price increases intentionally pulled forward to June.
Cash Gross Profit Per Ton Expansion
Aggregates cash gross profit per ton topped $12 in the quarter, increasing $0.14 compared to the prior year.
Volume and Demand Trends
Shipments increased 1% year-over-year in Q2; company expects modest aggregate shipment growth in 2026 with strong public activity and improving private large project opportunities (public infrastructure awards up ~20% YoY in Vulcan markets).
Balance Sheet and Capital Allocation Strength
Paid down approximately $200 million of commercial paper, maintained ~$300 million cash at quarter end, net debt to adjusted EBITDA leverage at 1.7x; returned over $0.5 billion to shareholders YTD, including $400 million of share repurchases.
Investments and M&A Activity
Invested $370 million in maintenance and growth capex YTD and $75 million on a strategic aggregate acquisition; completed divestitures (California concrete operations and U.S. Virgin Islands noncore) and closed an acquisition from Brannan Sand & Gravel to expand Southern Colorado and DFW reach.
Operating and SG&A Discipline
Excluding diesel, aggregates freight-adjusted unit cash cost of sales rose 3% year-over-year; company executed Vulcan Way of Operating and Selling to drive efficiencies; YTD SAG expenses were 2% lower than prior year and trailing 12-month SAG expenses declined 30 basis points to 6.9% of revenues (SAG $558 million).
Improved Returns on Capital
Trailing 12-month return on invested capital improved by 20 basis points year-over-year to 16.1% at quarter end.
CH:VMC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed