Eagle Materials vs Vulcan Materials
Vulcan Materials is the larger business, with $7.94bn of revenue in fiscal 2025 against $2.31bn for Eagle Materials (3.4 times as much). Vulcan Materials grew faster (7.1% against 2.1%). Eagle Materials kept more of each dollar of sales as profit: a net margin of 18.4% against 13.6%. Vulcan Materials carries less debt relative to equity (52.1% against 120.8%).
| Latest fiscal year | Eagle MaterialsEXP, 2026 | Vulcan MaterialsVMC, 2025 |
|---|---|---|
| Revenue | $2.31bn | $7.94bn |
| Revenue growth | 2.1% | 7.1% |
| Net income | $424m | $1.08bn |
| Operating margin | — | 20.4% |
| Net margin | 18.4% | 13.6% |
| Return on equity | 28.9% | 12.9% |
| Free cash flow | $197m | $1.14bn |
| Cash | $298m | $183m |
| Total debt | $1.78bn | $4.44bn |
| Debt to equity | 120.8% | 52.1% |
| Dividend per share | $1.00 | $1.96 |
| Dividend yield | 0.5% | 0.7% |
| Share buybacks | $382m | $438m |
| Employees | 2,800 | 11,172 |
| Market value | $5.94bn | $36.52bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 82 (Strong) | 64 (Moderate) |
| Insider trades, 12 months | 1 buys, 5 sales | 0 buys, 18 sales |