Vulcan Materials (VMC) Revenue — Quarter Ended Sep 30, 2023
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was more moderate than the year-over-year gain.
Key takeaway
Quarter ended Sep 30, 2023 · FY2023 Q3
Revenue increased in the current quarter compared to both the prior quarter and the same quarter last year. The sequential growth was more moderate than the year-over-year gain.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2.2B
Revenue reported for this quarter.
Quarter-over-quarter
+3.5%
Change from the immediately preceding quarter.
Year-over-year
+4.7%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.7B
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 |
|---|---|---|
| Dec 31, 2022 | $1.7B | +7.8% |
| Mar 31, 2023 | $1.6B | +7.0% |
| Jun 30, 2023 | $2.1B | +8.1% |
| Sep 30, 2023 | $2.2B | +4.7% |
Revenue performance
The reported revenue reflects a sequential increase from the immediately preceding quarter, continuing the upward trend observed over the trailing twelve months.
Quarterly comparison
Compared with the same quarter one year earlier, revenue was higher, though the rate of growth was slightly lower than the sequential change from the prior quarter. The trailing twelve-month revenue also rose relative to the prior fiscal year.
What to watch
Monitor whether the sequential revenue growth rate can sustain or accelerate in the coming quarters.