Vulcan Materials (VMC) Revenue — Quarter Ended Mar 31, 2024
Revenue for the current quarter declined compared with both the immediately preceding quarter and the same quarter a year earlier. The decrease follows a period of sequential growth in earlier quarters.
Key takeaway
Quarter ended Mar 31, 2024 · FY2024 Q1
Revenue for the current quarter declined compared with both the immediately preceding quarter and the same quarter a year earlier. The decrease follows a period of sequential growth in earlier quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.5B
Revenue reported for this quarter.
Quarter-over-quarter
-15.7%
Change from the immediately preceding quarter.
Year-over-year
-6.3%
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 |
|---|---|---|
| Jun 30, 2023 | $2.1B | +8.1% |
| Sep 30, 2023 | $2.2B | +4.7% |
| Dec 31, 2023 | $1.8B | +5.9% |
| Mar 31, 2024 | $1.5B | -6.3% |
Revenue performance
The reported revenue was lower than the preceding quarter, and also lower than the same quarter one year ago.
Quarterly comparison
When compared with the immediately preceding quarter, revenue decreased. Compared with the same quarter a year earlier, revenue also declined.
What to watch
Revenue moved lower from both the prior quarter and the year-ago period, marking a reversal from earlier growth trends.