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Added to YB: 2026-06-17

Pitch date: 2026-03-31

VMC [bullish]

Vulcan Materials Company

+10.17%

current return

Author Info

No bio for this author

Company Info

Vulcan Materials Company produces and supplies construction aggregates in the United States. It operates through three segments: Aggregates, Asphalt, and Concrete.

Market Cap

$38.0B

Pitch Price

$273.06

Price Target

N/A

Dividend

0.73%

EV/EBITDA

17.27

P/E

34.66

EV/Sales

5.34

Sector

Construction Materials

Category

growth

Show full summary:
Baron Asset Fund Added On Portfolio Holding: Vulcan Materials Company

VMC (added to position): Largest US construction aggregates producer, ~90% gross profit from crushed stone/sand/gravel. High barriers (5-10yr permits), pricing power (+4%/yr 30yr avg, expected to accelerate). Growth from infra (40% of shipments), data centers, reshoring, future housing recovery. M&A optionality. Expects low-to-mid teens annual EPS growth.

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