Vulcan Materials Company Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,077	911.9	933.2	575.6	670.8
Depreciation & Amortization	748.5	632.2	617	587.5	463
Loss (Gain) From Sale of Assets	-52.4	-52.3	-76.4	-10.7	-120.1
Asset Writedown & Restructuring Costs	-	86.6	28.3	67.9	4.6
Stock-Based Compensation	63.1	53.4	63.2	41.1	34.7
Other Operating Activities	75.8	55.2	18.8	135.3	139.2
Change in Accounts Receivable	3.8	63.2	28.2	-53.3	-42
Change in Inventory	-15.5	-27.4	-54.6	-49.5	8.3
Change in Accounts Payable	75.7	-193	-25.1	-17.4	-23.3
Change in Other Net Operating Assets	-162.7	-120.2	4.2	-128.3	-123.3
Operating Cash Flow	1,813	1,410	1,537	1,148	1,012
Operating Cash Flow Growth	28.62%	-8.28%	33.84%	13.47%	-5.46%
Capital Expenditures	-677.7	-603.5	-872.6	-612.6	-451.3
Sale of Property, Plant & Equipment	24.1	54.7	94.6	38.7	216.5
Cash Acquisitions	-13.5	-2,266	0.9	-529.2	-1,639
Divestitures	127.4	0.2	613.6	50	-
Other Investing Activities	10.5	-0.1	-	0.1	0.1
Investing Cash Flow	-529.2	-2,815	-163.5	-1,053	-1,874
Short-Term Debt Issued	-	8	166.1	1,361	-
Long-Term Debt Issued	-	2,000	550	550	1,600
Total Debt Issued	-	2,008	716.1	1,911	1,600
Short-Term Debt Repaid	-550	-8	-266.1	-1,261	-
Long-Term Debt Repaid	-411.4	-563.5	-581.3	-591.5	-1,465
Total Debt Repaid	-961.4	-571.5	-847.4	-1,853	-1,465
Net Debt Issued (Repaid)	-961.4	1,437	-131.3	58.5	134.8
Repurchase of Common Stock	-472.4	-101.8	-221.9	-18.5	-19.1
Common Dividends Paid	-259.8	-244.4	-228.4	-212.6	-196.4
Other Financing Activities	-1.6	-33.4	-4	-2.6	-13.6
Financing Cash Flow	-1,695	1,057	-585.6	-175.2	-94.3
Net Cash Flow	-411.4	-348.4	787.7	-80	-956.5
Free Cash Flow	1,135	806.1	664.2	535.6	560.6
Free Cash Flow Growth	40.84%	21.36%	24.01%	-4.46%	-20.84%
Free Cash Flow Margin	14.30%	10.87%	8.54%	7.32%	10.10%
Free Cash Flow Per Share	8.55	6.06	4.97	4.01	4.20
Cash Interest Paid	247.1	182.9	178.7	164.3	138
Cash Income Tax Paid	290.7	279.8	291.7	143.5	127.9
Levered Free Cash Flow	409.04	782.28	641.93	367.7	326.29
Unlevered Free Cash Flow	558.85	901.78	764.49	473.45	419.6
Change in Working Capital	-98.7	-277.4	-47.3	-248.5	-180.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.