Vulcan Materials

Halal Rating :
Comfortable
Last Price $272
Market Cap $36.04b
1D Change

-1.29 %

1 Year Change

2.35 %

Next Earnings Date

Yet to be announced

Company Overview

Vulcan Materials Company produces and supplies construction aggregates primarily in the United States. The Aggregates segment provides crushed stones, sand and gravel, sand, and other aggregates. The Asphalt Mix segment offers asphalt mix in Alabama, Arizona, California, New Mexico, Tennessee, and Texas. The Concrete segment provides ready-mixed concrete in California, Maryland, New Jersey, New York, Oklahoma, Pennsylvania, Texas and Virginia, and Washington D.C.

Revenue Sources

Pass

Based on the company's financial reports and business activities, Vulcan Materials' primary revenue streams come from the production and sale of construction aggregates, asphalt, and concrete. These are all halal products used in construction and infrastructure development. The company does not derive any significant revenue from haram sources such as alcohol, gambling, or other prohibited activities.

Reliance on Interest

Reporting Date Total Revenue Total Expense Interest Income Interest Expense Interest Income Ratio Interest Expense Ratio
Sept. 30, 2024 $2.0b $1.71b - $38.4m 0.00% 2.25%
June 30, 2024 $2.01b $1.6b - $40.2m 0.00% 2.51%
March 31, 2024 $1.55b $1.37b - - 0.00% 0.00%
Dec. 31, 2023 $1.83b $1.46b - - 0.00% 0.00%

Looking at the most recent four quarters, interest expense remains relatively consistent, ranging between $38.4 million to $40.2 million in the quarters where it was reported. When compared to total expenses, interest expense represents less than 5% of total expenses in all reported quarters, indicating that interest is not a core part of the company's business model.

Operational Ethics

Pass

Based on available information from SEC filings and company reports, there is no evidence of significant ongoing associations with entities involved in human rights violations. The company's operations are primarily focused in the United States, and there are no documented material ties to Israel or the Chinese Communist Party.

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