Vulcan Materials (VMC) Revenue — Quarter Ended Sep 30, 2024
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The year-over-year decrease was more pronounced than the sequential decline.
Key takeaway
Quarter ended Sep 30, 2024 · FY2024 Q3
Revenue declined in the current quarter compared with both the prior quarter and the same quarter a year ago. The year-over-year decrease was more pronounced than the sequential decline.
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
-0.5%
Change from the immediately preceding quarter.
Year-over-year
-8.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$7.4B
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, 2023 | $1.8B | +5.9% |
| Mar 31, 2024 | $1.5B | -6.3% |
| Jun 30, 2024 | $2B | -4.7% |
| Sep 30, 2024 | $2B | -8.3% |
Revenue performance
Reported revenue moved downward from the immediately preceding quarter, continuing the pattern of year-over-year declines observed in recent quarters.
Quarterly comparison
Compared with the same quarter a year earlier, revenue was lower. The sequential drop from the prior quarter was smaller in magnitude than the year-over-year decline.
What to watch
Revenue has now declined year-over-year for three consecutive quarters, which may warrant monitoring of underlying demand trends.