Vulcan Materials Company stock research
FY2026 Q1
Vulcan Materials (VMC) Gross Margin — Quarter Ended Mar 31, 2026
In the current quarter, revenue and gross profit both decreased from the previous quarter but increased compared to the same quarter last year. Gross margin weakened sequentially but improved year over year, reflecting the interplay between revenue and cost of revenue.
Gross margin takeaway
Quarter ended Mar 31, 2026 · FY2026 Q1
In the current quarter, revenue and gross profit both decreased from the previous quarter but increased compared to the same quarter last year. Gross margin weakened sequentially but improved year over year, reflecting the interplay between revenue and cost of revenue.
- The year-over-year margin improvement was driven by a higher revenue while cost of revenue remained at a similar level.
- Compared to the immediately preceding quarter, revenue and gross profit were lower, and gross margin weakened. Compared to the same quarter one year earlier, revenue and gross profit were higher, and gross margin improved.
Gross margin snapshot
The selected quarter's reported revenue, gross profit, direct costs, and margin comparisons.
Gross margin
24.1%
Gross profit
$422.7M
Revenue
$1.8B
Cost of revenue
$1.3B
Quarter-over-quarter change
-1.4 pts
Year-over-year change
+1.7 pts
Quarterly gross margin trend
A four-quarter view of the revenue and direct-cost bridge behind gross margin.
| Period | Revenue | Gross profit | Cost of revenue | Gross margin |
|---|---|---|---|---|
| Jun 30, 2025 | $2.1B | $625.2M | $1.5B | 29.7% |
| Sep 30, 2025 | $2.3B | $697.2M | $1.6B | 30.4% |
| Dec 31, 2025 | $1.9B | $486.9M | $1.4B | 25.5% |
| Mar 31, 2026 | $1.8B | $422.7M | $1.3B | 24.1% |
Quarterly comparisons
Compare the selected margin with the preceding quarter and the same fiscal quarter one year earlier.
Previous-quarter change
Dec 31, 2025
-1.4 pts
Year-over-year change
Mar 31, 2025
+1.7 pts
What the margin says
Filing-constrained interpretation of margin direction, comparisons, and what to monitor next.
The year-over-year margin improvement was driven by a higher revenue while cost of revenue remained at a similar level.
Compared to the immediately preceding quarter, revenue and gross profit were lower, and gross margin weakened. Compared to the same quarter one year earlier, revenue and gross profit were higher, and gross margin improved.
Monitor whether the company can sustain the year-over-year margin improvement in future quarters.
Peer context
Latest available gross margins for related public companies.
| Company | Gross margin |
|---|---|
| Vulcan Materials Company (VMC) | 24.1% |