
Headquartered in Birmingham, Alabama, Vulcan Materials Company (VMC) is the largest producer of construction aggregates in the U.S., with a market cap of $31.79 billion. Specializing in the production of crushed stone, sand, and gravel, Vulcan plays a crucial role in supporting infrastructure development and construction projects nationwide.
Shares of VMC have underperformed the broader market considerably over the past year. VMC has gained 11.9% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 27.7%. Also, in 2024, the stock is up 5.9%, compared to SPX’s 18% rise on a YTD basis.