Vulcan Q2 revenue falls to $2.01 billion; adjusted EPS rises to $2.35
Vulcan Materials reported second-quarter 2024 results on August 6, 2024. Total revenues fell to $2.01 billion from $2.11 billion, while adjusted EBITDA rose to $603 million from $595 million and adjusted diluted EPS rose to $2.35 from $2.29, though GAAP diluted EPS from continuing operations was flat at $2.33. Management said weather has led to adjustments to its full-year aggregates volume and cost outlook, and it gave 2024 guidance of $0.95 to $1.07 billion in net earnings and $2.00 to $2.15 billion in adjusted EBITDA.
Key points
- Aggregates shipments fell 5% to 60.1 million tons, while freight-adjusted sales price rose 12% to $21.00 per ton.
- Second-quarter shareholder returns totaled $111 million, including $50 million of common stock repurchases and $61 million of dividends.
- 2024 outlook calls for net earnings attributable to Vulcan of $0.95 to $1.07 billion and adjusted EBITDA of $2.00 to $2.15 billion, with aggregates shipments down 4 to 7 percent.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:30 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 06, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.