For the year ending 2025-12-31, VMC had -$411,400K decrease in cash & cash equivalents over the period. $1,135,300K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Net earnings | 1,078,100 | 913,100 | 934,900 | 576,500 |
| Depreciation, depletion, accretion and amortization | 748,500 | 632,200 | 617,000 | 587,500 |
| Noncash operating lease expense | 54,200 | 51,400 | 53,900 | 60,300 |
| Net gain on sale of property, plant & equipment and businesses | 52,400 | 52,300 | 76,400 | 10,700 |
| Loss on impairments | 0 | 86,600 | 28,300 | 67,900 |
| Contributions to pension plans | 14,600 | 8,700 | 7,400 | 7,800 |
| Share-based compensation expense | 63,100 | 53,400 | 63,200 | 41,100 |
| Deferred income taxes, net | 26,100 | -9,400 | -43,300 | 57,700 |
| Accounts and notes receivable | -3,800 | -63,200 | -28,200 | 53,300 |
| Inventories | 15,500 | 27,400 | 54,600 | 49,500 |
| Prepaid expenses | - | - | - | -9,500 |
| Other assets | 51,700 | 93,000 | -27,800 | 101,800 |
| Accrued interest and income taxes | -7,300 | -6,800 | 18,800 | 400 |
| Trade payables and other accruals | 75,700 | -193,000 | -25,100 | -17,400 |
| Other noncurrent liabilities | -103,700 | -20,400 | -42,400 | -36,400 |
| Other, net | -8,700 | -20,700 | -13,900 | -24,200 |
| Net cash provided by operating activities | 1,813,000 | 1,409,600 | 1,536,800 | 1,148,200 |
| Purchases of property, plant & equipment | 677,700 | 603,500 | 872,600 | 612,600 |
| Proceeds from sale of property, plant & equipment | 24,100 | 54,700 | 94,600 | 38,700 |
| Proceeds from sale of businesses | 127,400 | 200 | 613,600 | 50,000 |
| Payment for businesses acquired, net of acquired cash and adjustments | 13,500 | 2,266,200 | -900 | 529,200 |
| Other, net | -10,500 | 100 | 0 | -100 |
| Net cash used for investing activities | -529,200 | -2,814,900 | -163,500 | -1,053,000 |
| Proceeds from short-term debt | 0 | 8,000 | 166,100 | 1,361,000 |
| Payment of short-term debt | 550,000 | 8,000 | 266,100 | 1,261,000 |
| Payment of current maturities and long-term debt | 400,500 | 550,500 | 550,500 | 557,700 |
| Proceeds from issuance of long-term debt | 0 | 2,000,000 | 550,000 | 550,000 |
| Debt issuance and exchange costs | 0 | 31,600 | 3,400 | 2,800 |
| Payment of finance leases | 10,900 | 13,000 | 30,800 | 33,800 |
| Settlements of interest rate derivatives | - | - | - | 0 |
| Purchases of common stock | 438,400 | 68,800 | 200,000 | 0 |
| Dividends paid | 259,800 | 244,400 | 228,400 | 212,600 |
| Share-based compensation, shares withheld for taxes | 34,000 | 33,000 | 21,900 | 18,500 |
| Distribution to noncontrolling interest | 1,500 | 1,800 | 800 | - |
| Other, net | -100 | 0 | 200 | 200 |
| Net cash provided by (used for) financing activities | -1,695,200 | 1,056,900 | -585,600 | -175,200 |
| Net increase (decrease) in cash and cash equivalents and restricted cash | -411,400 | -348,400 | 787,700 | -80,000 |
| Cash and cash equivalents and restricted cash at beginning of year | 600,800 | 949,200 | 161,500 | 241,500 |
| Cash and cash equivalents and restricted cash at end of year | 189,400 | 600,800 | 949,200 | 161,500 |
Vulcan Materials CO (VMC)
Vulcan Materials CO (VMC)