Vulcan Materials (VMC) Revenue — Quarter Ended Jun 30, 2024
Revenue for the quarter increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential improvement reversed a prior-period decline, while the year-over-year decrease continued a pattern seen in recent quarters.
Key takeaway
Quarter ended Jun 30, 2024 · FY2024 Q2
Revenue for the quarter increased compared to the immediately preceding quarter but declined relative to the same quarter one year earlier. The sequential improvement reversed a prior-period decline, while the year-over-year decrease continued a pattern seen in recent quarters.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$2B
Revenue reported for this quarter.
Quarter-over-quarter
+30.3%
Change from the immediately preceding quarter.
Year-over-year
-4.7%
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, 2023 | $2.2B | +4.7% |
| Dec 31, 2023 | $1.8B | +5.9% |
| Mar 31, 2024 | $1.5B | -6.3% |
| Jun 30, 2024 | $2B | -4.7% |
Revenue performance
Reported revenue rose from the prior quarter, marking a sequential recovery after a decline in the preceding period. However, revenue remained below the level achieved in the same quarter a year ago.
Quarterly comparison
Compared with the immediately preceding quarter, revenue increased. Compared with the same quarter one year earlier, revenue decreased.
What to watch
Monitor whether the sequential revenue growth can be sustained in upcoming quarters, especially given the persistent year-over-year decline.