Vulcan Materials (VMC) Revenue — Quarter Ended Jun 30, 2023
Revenue increased in the current quarter compared with both the immediately preceding quarter and the same quarter one year ago. The sequential and year-over-year gains indicate sustained business momentum.
Key takeaway
Quarter ended Jun 30, 2023 · FY2023 Q2
Revenue increased in the current quarter compared with both the immediately preceding quarter and the same quarter one year ago. The sequential and year-over-year gains indicate sustained business momentum.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.1B
Revenue reported for this quarter.
Quarter-over-quarter
+28.1%
Change from the immediately preceding quarter.
Year-over-year
+8.1%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.6B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Sep 30, 2022 | $2.1B | +37.7% |
| Dec 31, 2022 | $1.7B | +7.8% |
| Mar 31, 2023 | $1.6B | +7.0% |
| Jun 30, 2023 | $2.1B | +8.1% |
Revenue performance
The company's top line expanded, with year-over-year growth modestly higher than in the prior quarter. The sequential increase was particularly pronounced.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose substantially. Compared to the same quarter one year earlier, revenue also increased, though at a more moderate pace.
What to watch
The large sequential revenue increase warrants attention to whether demand can be sustained in the coming quarters.