Amrize vs Vulcan Materials
Amrize is the larger business, with $11.81bn of revenue in fiscal 2025 against $7.94bn for Vulcan Materials (1.5 times as much). Vulcan Materials grew faster (7.1% against 0.9%). Vulcan Materials kept more of each dollar of sales as profit: a net margin of 13.6% against 10.0%. Amrize carries less debt relative to equity (40.1% against 52.1%).
| Latest fiscal year | AmrizeAMRZ, 2025 | Vulcan MaterialsVMC, 2025 |
|---|---|---|
| Revenue | $11.81bn | $7.94bn |
| Revenue growth | 0.9% | 7.1% |
| Net income | $1.19bn | $1.08bn |
| Operating margin | 16.1% | 20.4% |
| Net margin | 10.0% | 13.6% |
| Return on equity | 10.3% | 12.9% |
| Free cash flow | $1.42bn | $1.14bn |
| Cash | $1.92bn | $183m |
| Total debt | $5.27bn | $4.44bn |
| Debt to equity | 40.1% | 52.1% |
| Dividend per share | — | $1.96 |
| Dividend yield | — | 0.7% |
| Share buybacks | — | $438m |
| Employees | — | 11,172 |
| Market value | $22.73bn | $36.52bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | — | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 18 sales |