Question 1

What is Vulcan Materials's P/E ratio?

Accepted Answer

Vulcan Materials (VMC) P/E ratio is 32.8× as of July 22, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

What is a good P/E ratio for Vulcan Materials?

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Vulcan Materials specifically, the relevant sector benchmark is the current sector median of 21.4×.

Question 5

Is Vulcan Materials's P/E ratio high or low?

Accepted Answer

Vulcan Materials's P/E ratio of 32.8× is below its own 5-year average of 36.3× and above the sector median of 21.4×. That places the current reading at the 4th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Vulcan Materials's historical P/E ratio range?

Accepted Answer

In the available daily series, Vulcan Materials (VMC) P/E ratio has ranged from a low of 16.7× in 2006 to a high of 359.3× in 2013. The 5-year average is 36.3× and the 5-year median is 35.8×.

Question 7

What was Vulcan Materials's P/E ratio in 2025?

Accepted Answer

Vulcan Materials (VMC) P/E ratio at the end of 2025 was 34.8×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

Why does Vulcan Materials's P/E ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$37.6B	$1.08B	34.8×	-2.5×	Dec 31, 2025
2024	$34B	$912M	37.3×	+5.0×	Dec 31, 2024
2023	$30.1B	$933M	32.3×	-8.2×	Dec 31, 2023
2022	$23.3B	$576M	40.5×	-0.6×	Dec 31, 2022
2021	$27.6B	$671M	41.1×	+7.4×	Dec 31, 2021
2020	$19.7B	$584M	33.7×	+2.8×	Dec 31, 2020
2019	$19.1B	$618M	30.9×	+5.6×	Dec 31, 2019
2018	$13B	$516M	25.3×	-3.0×	Dec 31, 2018
2017	$17B	$601M	28.3×	-11.0×	Dec 31, 2017
2016	$16.6B	$423M	39.2×	-18.1×	Dec 31, 2016
2015	$12.7B	$221M	57.4×	+15.0×	Dec 31, 2015
2014	$8.68B	$205M	42.4×	-275.4×	Dec 31, 2014
2013	$7.75B	$24.4M	317.8×	—	Dec 31, 2013
2012	$6.76B	-$52.6M	—	—	Dec 31, 2012
2011	$5.1B	-$70.8M	—	—	Dec 31, 2011
2010	$5.71B	-$96.5M	—	—	Dec 31, 2010
2009	$6.63B	$30.3M	218.9×	—	Dec 31, 2009
2008	$7.68B	-$4.12M	—	—	Dec 31, 2008
2007	$8.59B	$451M	19.1×	+0.9×	Dec 31, 2007
2006	$8.55B	$471M	18.2×	+0.6×	Dec 31, 2006
2005	$6.81B	$389M	17.5×	-2.0×	Dec 31, 2005
2004	$5.62B	$287M	19.6×	-5.4×	Dec 31, 2004
2003	$4.86B	$195M	24.9×	+4.9×	Dec 31, 2003
2002	$3.82B	$190M	20.0×	—	Dec 31, 2002


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Freeport-McMoRan (FCX)	31.1×
Builders FirstSource (BLDR)	31.0×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
Avient (AVNT)	21.1×
Steel Dynamics (STLD)	20.6×
Agnico Eagle Mines (AEM)	19.0×
H.B. Fuller (FUL)	18.8×
Nucor (NUE)	16.9×
PPG Industries (PPG)	15.1×
Martin Marietta Materials (MLM)	14.0×
CRH (CRH)	13.9×
Newmont (NEM)	13.9×
CF Industries Holdings (CF)	11.4×
Mosaic (MOS)	11.1×

P/E Ratio for Vulcan Materials (VMC) 2002-2026

P/E Ratio daily chart for Vulcan Materials (VMC)

Historical P/E Ratio for Vulcan Materials (VMC) from 2002 to 2025

About P/E Ratio at Vulcan Materials (VMC)

Vulcan Materials P/E Ratio by Year

Vulcan Materials P/E Ratio 2025: 34.8×

Vulcan Materials P/E Ratio 2024: 37.3×

Vulcan Materials P/E Ratio 2023: 32.3×

Vulcan Materials P/E Ratio 2022: 40.5×

Vulcan Materials P/E Ratio 2021: 41.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Vulcan Materials (VMC) Key Financials