VMC Vulcan Materials Company (Holding Company) Common Stock
NYSE · Construction · View on SEC EDGAR ↗ close Oct 2, 2026 10-K/10-Q Jul 29, 2026VMC Stock Snapshot Price, market cap, P/E, EPS, ROE, debt/equity, 52-week range
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| Ex-date | Split | Type |
|---|---|---|
| March 11, 1999 | 3-for-1 | Forward |
| March 13, 1989 | 4-for-1 | Forward |
| May 17, 1976 | 2-for-1 | Forward |
About Vulcan Materials Company (Holding Company) Common Stock Company overview from Wikipedia
Vulcan Materials Company (NYSE: VMC) is an American company based in Birmingham, Alabama. It is principally engaged in the production, distribution and sale of construction materials. Vulcan is the largest producer of construction materials, primarily gravel, crushed stone, and sand, and employs approximately 12,000 people at over 400 facilities. Vulcan serves 22 states, the District of Columbia, Mexico, Canada, Bahamas and the U.S. Virgin Islands. Vulcan's Crescent Market project led to construction of a large quarry and deep water seaport on the Yucatán Peninsula of Mexico, just south of Cancún. This quarry supplies Tampa, New Orleans, Houston, and Brownsville, Texas, as well as other Gulf coast seaports, with crushed limestone via large 62,000-ton self-discharging ships.
## History
Vulcan Materials Company was founded in 1909 as the Birmingham Slag Company by Solon Jacobs and Henry Badham in Birmingham, Alabama. They recognized the potential to repurpose blast furnace slag from the local steel industry into materials for road construction and railroad ballast. The company was later acquired by the Ireland family in 1916, who expanded it.
In the late 1980s Vulcan acquired Reed Crushed Stone, near Kentucky.
On November 16, 1998, Vulcan announced it was purchasing CalMat Company, a producer of asphalt and ready-mixed concrete based in Los Angeles, for $760 million in cash.
On June 7, 2005, Vulcan completed the sale of its chemicals business, known as Vulcan Chemicals, to Occidental Chemical Corporation. The sale of assets included Vulcan's chloralkali plants in Wichita, Kansas; Geismar, Louisiana; and Port Edwards, Wisconsin, as well as Vulcan Chemicals' joint venture located in Geismar, Louisiana. In 2005, Vulcan acquired 11 aggregates operations and five asphalt plants in Arizona, Georgia, Indiana and Tennessee.
On February 19, 2007, Vulcan announced that it would buy stone and cement producer Florida Rock Industries for $4.7 billion. Vulcan completed the acquisition of Florida Rock on November 16, 2007.
In March 2007, Vulcan announced that it had been named to Fortune Magazine's list of Most Admired Companies for the sixth time. The company was ranked first in its industry sector, "Building Materials, Glass." Overall, Vulcan ranked among the top 10 companies in the Fortune 1000 for both long-term investment and social responsibility.
In January 2014, Vulcan Materials announced they would be selling their Florida Rock Industry (cement and ready-mixed concrete) plants and equipment to Cementos Argos, of Colombia. In March 2014, Vulcan was able to fully divest these properties to Cementos Argos.
In January 2018, Vulcan Materials was found to be partially responsible for the Bayou Corne sinkhole, along with Occidental Petroleum and Texas Brine Company.
In June 2021, Vulcan Materials announced they would be acquiring US Concrete (USCR) for $74 per share, a 30% premium on the date of the announcement. U.S. Concrete was formed in 1999, with its headquarters in Euless, TX. The deal is valued at $1.3 billion. The acquisition will allow for integrated expansion of Vulcan and make the subsidiary debt-free with adequate working capital. The deal has been approved by both boards and will close in the second half of 2021.
In early 2023, after being accused by president Andrés Manuel López Obrador of exporting materials from Mexico without a permit, the Mexican military seized a marine terminal belonging to Vulcan, leading to a diplomatic spat between the U.S. and Mexico.
In July 2026, Mexico announced that it would compensate Vulcan with less than 1% of the US$1.7 billion sought in international arbitration over the closure of its Mexican mining operations. Vulcan had initiated arbitration under the North American Free Trade Agreement in 2018 through its subsidiary, Calizas Industriales del Carmen.
Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗
10-Year Performance Revenue, net income, margins and EPS trends
Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?
| Metric | 5Y trend | VMC | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| P/E (TTM) | 28.7 | · | 22.4 | Overvalued | |
| P/S (TTM) | 3.9 | · | 3.0 | Overvalued | |
| P/B (MRQ) | 3.7 | · | 3.0 | Overvalued | |
| EV / EBITDA | 15.2 | · | 19.1 | Fair value | |
| Price / FCF (TTM) | 30.6 | · | · | · | |
| Price / Cash Flow (TTM) | 17.4 | · | 13.9 | Overvalued | |
| EV / Revenue | 4.5 | · | · | · | |
| EV / FCF | 31.6 | · | · | · | |
| Price / Tangible Book (MRQ) | 4.5 | · | · | · | |
| PEG Ratio | ≈2.2 | · | · | · |
Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.
Profitability Gross, operating and net margins; ROE, ROA, ROIC
| Metric | 5Y trend | VMC | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Gross Margin (TTM) | 27.5% | · | 26.9% | Top tier | |
| Operating Margin (TTM) | 20.2% | · | 19.7% | Top tier | |
| EBITDA Margin (TTM) | 29.2% | · | 16.9% | Top tier | |
| Pretax Margin (TTM) | 17.6% | · | 17.1% | Top tier | |
| Net Profit Margin (TTM) | 13.7% | · | 13.3% | Top tier | |
| ROA (TTM) | 6.7% | · | 6.4% | In line | |
| ROE (TTM) | 13.2% | · | 12.9% | In line | |
| ROIC | 9.8% | · | 10.5% | In line |
Financial Health Debt, liquidity, solvency — balance sheet strength
| Metric | 5Y trend | VMC | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Debt / Equity (MRQ) | 0.5 | · | 0.5 | In line | |
| Current Ratio (MRQ) | 1.8 | · | 2.2 | Below avg | |
| Quick Ratio | 0.2 | · | 1.0 | Low liquidity | |
| Long-Term Debt / Equity (MRQ) | 0.5 | · | 0.5 | In line |
Growth Revenue, EPS and net income growth: YoY, 3Y CAGR, 5Y CAGR
| Metric | 5Y trend | VMC | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Revenue YoY | 7.1% | · | · | · | |
| Revenue CAGR 3Y | 2.8% | · | · | · | |
| Revenue CAGR 5Y | 10.3% | · | · | · | |
| EPS YoY | 18.4% | · | · | · | |
| Net Income YoY | 18.1% | · | · | · | |
| EPS CAGR 3Y | 23.5% | · | · | · | |
| EPS CAGR 5Y | 13.1% | · | · | · | |
| Net Income CAGR 3Y | 23.2% | · | · | · | |
| Net Income CAGR 5Y | 13.0% | · | · | · |
Capital Efficiency Asset turnover, inventory turnover, receivables turnover
| Metric | 5Y trend | VMC | 5Y avg | Peer Median | Verdict |
|---|---|---|---|---|---|
| Asset Turnover | 0.5 | · | 0.6 | Weak | |
| Inventory Turnover | 8.5 | · | 6.1 | Top tier | |
| Revenue / Employee | ≈$687.7K | · | · | · |
value · ≈ 5Y avg · industry median · verdict relative to median
Dividends Yield, payout ratio, dividend history, 5Y CAGR
| Ex-date | Amount | Currency | Yield |
|---|---|---|---|
| Aug 13, 2026 | $0.52 | USD | ≈0.74% |
| May 22, 2026 | $0.52 | USD | ≈0.77% |
| Mar 9, 2026 | $0.52 | USD | ≈0.73% |
| Nov 10, 2025 | $0.49 | USD | ≈0.67% |
| Aug 14, 2025 | $0.49 | USD | ≈0.66% |
| May 23, 2025 | $0.49 | USD | ≈0.71% |
| Mar 10, 2025 | $0.49 | USD | ≈0.84% |
| Nov 4, 2024 | $0.46 | USD | ≈0.68% |
| Aug 15, 2024 | $0.46 | USD | ≈0.73% |
| May 23, 2024 | $0.46 | USD | ≈0.69% |
| Mar 1, 2024 | $0.46 | USD | ≈0.65% |
| Nov 10, 2023 | $0.43 | USD | ≈0.81% |
| Aug 16, 2023 | $0.43 | USD | ≈0.76% |
| May 25, 2023 | $0.43 | USD | ≈0.85% |
| Mar 3, 2023 | $0.43 | USD | ≈0.89% |
| Nov 14, 2022 | $0.40 | USD | ≈0.91% |
| Aug 16, 2022 | $0.40 | USD | ≈0.88% |
| May 26, 2022 | $0.40 | USD | ≈0.94% |
| Feb 28, 2022 | $0.40 | USD | ≈0.83% |
| Nov 15, 2021 | $0.37 | USD | ≈0.73% |
Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date
| Period | Report | EPS Actual | EPS Est | Surprise |
|---|---|---|---|---|
| June 30, 2026 | Jul 29, 2026 | $2.59 | $2.57 | 0.73% |
| March 31, 2026 | $1.35 | $1.13 | 19.6% | |
| Dec. 31, 2025 | $1.70 | $2.14 | -20.4% | |
| Sept. 30, 2025 | $2.84 | $2.75 | 3.3% | |
| June 30, 2025 | $2.45 | $2.56 | -4.4% | |
| March 31, 2025 | $1.00 | $0.79 | 27.0% |
Full Fundamentals All metrics by year — income statement, balance sheet, cash flow
Income Statement
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.94B | $7.42B | $7.78B | $7.32B | $5.55B | $4.86B | $4.93B | $4.38B | |
| Cost of Revenue | $5.77B | $5.42B | $5.83B | $5.76B | $4.18B | $3.58B | $3.67B | $3.28B | |
| Gross Profit | $2.17B | $2.00B | $1.95B | $1.56B | $1.37B | $1.28B | $1.26B | $1.10B | |
| SG&A Expense | $564M | $531M | $543M | $515M | $418M | $360M | $370M | $333M | |
| Operating Income | $1.62B | $1.36B | $1.43B | $951M | $1.01B | $896M | $878M | $748M | |
| Interest Expense | · | · | $196M | $169M | $149M | $136M | $130M | $138M | |
| Other Non-op | $-3M | $-22M | $-3M | $5M | $11M | $-18M | $9M | $13M | |
| Pretax Income | $1.39B | $1.17B | $1.25B | $788M | $874M | $744M | $758M | $623M | |
| Income Tax | $308M | $251M | $299M | $193M | $200M | $156M | $135M | $105M | |
| Net Income | $1.08B | $912M | $933M | $576M | $671M | $584M | $618M | $516M | |
| EPS (Basic) | $8.16 | $6.89 | $7.02 | $4.33 | $5.05 | $4.41 | $4.67 | $3.90 | |
| EPS (Diluted) | $8.11 | $6.85 | $6.98 | $4.31 | $5.02 | $4.39 | $4.63 | $3.85 | |
| Shares (Basic) | 132,000,000 | 132,300,000 | 133,000,000 | 133,000,000 | 132,800,000 | 132,600,000 | 132,300,000 | 132,393,000 | |
| Shares (Diluted) | 132,700,000 | 133,100,000 | 133,700,000 | 133,600,000 | 133,500,000 | 133,200,000 | 133,400,000 | 133,926,000 | |
| EBITDA | $2.37B | $2.00B | $2.04B | $1.54B | $1.47B | $1.29B | $1.25B | $1.09B |
Balance Sheet
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $183M | $560M | $931M | $161M | $235M | $1.20B | $272M | $40M | |
| Receivables | · | · | · | $846M | $783M | $513M | $532M | $512M | |
| Inventory | $680M | $682M | $616M | $579M | $521M | $449M | $458M | $429M | |
| Other Current Assets | $102M | $91M | $70M | $116M | $95M | $74M | $76M | $65M | |
| Current Assets | $2.57B | $2.27B | $2.52B | $1.90B | $1.70B | $2.28B | $1.38B | $1.08B | |
| PP&E (Net) | $8.15B | $8.46B | $6.22B | $6.05B | $5.55B | $4.43B | $4.32B | $4.24B | |
| PP&E (Gross) | · | $14.52B | $11.84B | $11.31B | $10.44B | $9.10B | $8.75B | $8.46B | |
| Accum. Depreciation | · | $6.06B | $5.62B | $5.26B | $4.90B | $4.68B | $4.43B | $4.22B | |
| Goodwill | $3.78B | $3.79B | $3.53B | $3.69B | $3.70B | $3.17B | $3.17B | $3.17B | |
| Intangibles | $1.49B | $1.88B | $1.46B | $1.70B | $1.75B | $1.12B | $1.09B | $1.10B | |
| Other Non-current Assets | $159M | $149M | $268M | $285M | $268M | $231M | $226M | $210M | |
| Total Assets | $16.70B | $17.10B | $14.55B | $14.23B | $13.68B | $11.69B | $10.65B | $9.83B | |
| Short-term Debt | $0 | $0 | $0 | $100M | $0 | $0 | $0 | $133M | |
| Current Liabilities | $956M | $1.24B | $798M | $957M | $769M | $1.05B | $536M | $603M | |
| Capital Leases | $523M | $521M | $507M | $548M | $642M | $400M | $388M | $0 | |
| Deferred Tax | $1.36B | $1.34B | $1.03B | $1.07B | $1.01B | $706M | $633M | $567M | |
| Other Non-current Liabilities | $822M | $318M | $274M | $276M | $234M | $140M | $95M | $96M | |
| Total Liabilities | $8.15B | $8.96B | $7.04B | $7.28B | $7.11B | $5.66B | $5.03B | $4.63B | |
| Long-term Debt | $4.36B | $5.31B | $3.88B | $3.88B | $3.88B | $3.29B | $2.78B | $2.78B | |
| Total Debt | $4.36B | $5.31B | $3.88B | $3.98B | $3.88B | $3.29B | $2.78B | $2.91B | |
| Common Stock | · | · | $132M | $133M | $133M | $132M | $132M | $132M | |
| Retained Earnings | $5.59B | $5.21B | $4.62B | $4.11B | $3.75B | $3.27B | $2.90B | $2.44B | |
| AOCI | $-126M | $-127M | $-144M | $-155M | $-153M | $-181M | $-198M | $-172M | |
| Stockholders' Equity | $8.53B | $8.12B | $7.48B | $6.93B | $6.54B | $6.03B | $5.62B | $5.20B | |
| Liabilities + Equity | $16.70B | $17.10B | $14.55B | $14.23B | $13.68B | $11.69B | $10.65B | $9.83B | |
| Shares Outstanding | 130,600,000 | 132,100,000 | 132,100,000 | 132,900,000 | 132,700,000 | 132,500,000 | 132,371,000 | 131,762,000 |
Cash Flow
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| D&A | $748M | $632M | $617M | $588M | $463M | $397M | $375M | $346M | |
| Stock-based Comp | $63M | $53M | $63M | $41M | $35M | $33M | $32M | $25M | |
| Deferred Tax | $26M | $-10M | $-44M | $60M | $67M | $62M | $76M | $65M | |
| Amort. of Intangibles | $89M | $84M | $88M | $98M | $68M | $47M | $40M | $35M | |
| Other Non-cash | $-101M | $-178M | $-32M | $-116M | $-223M | $-6M | $-116M | $-119M | |
| Operating Cash Flow | $1.81B | $1.41B | $1.54B | $1.15B | $1.01B | $1.07B | $984M | $833M | |
| CapEx | $678M | $604M | $873M | $613M | $451M | $362M | $384M | $469M | |
| Investing Cash Flow | $-529M | $-2.81B | $-164M | $-1.05B | $-1.87B | $-382M | $-416M | $-670M | |
| Debt Issued | $0 | $2.00B | $550M | $550M | $1.60B | $750M | $0 | $850M | |
| Net Debt Issued | $-400M | $1.45B | $-500.0K | $-8M | $148M | $500M | $-23.0K | $-42M | |
| Stock Repurchased | $438M | $69M | $200M | $0 | $0 | $26M | $3M | $134M | |
| Net Stock Activity | $-438M | $-69M | $-200M | $0 | $0 | $-26M | $-3M | $-134M | |
| Dividends Paid | $260M | $244M | $228M | $213M | $196M | $180M | $164M | $148M | |
| Financing Cash Flow | $-1.70B | $1.06B | $-586M | $-175M | $-94M | $235M | $-338M | $-265M | |
| Net Change in Cash | $-411M | $-348M | $788M | $-80M | $-956M | $924M | $230M | $-102M | |
| Taxes Paid | $291M | $280M | $292M | $144M | $128M | $96M | $57M | $-66M | |
| Free Cash Flow | $1.14B | $806M | $664M | $536M | $561M | $708M | $600M | $364M | |
| Levered FCF | · | · | $515M | $408M | $445M | $601M | $493M | $249M |
Profitability
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 27.4% | 27.0% | 25.0% | 21.3% | 24.7% | 26.4% | 25.5% | 25.1% | |
| Operating Margin | 20.4% | 18.4% | 18.3% | 13.0% | 18.2% | 18.4% | 17.8% | 17.1% | |
| Net Margin | 13.6% | 12.3% | 12.0% | 7.9% | 12.1% | 12.0% | 12.5% | 11.8% | |
| Pretax Margin | 17.5% | 15.8% | 16.0% | 10.8% | 15.7% | 15.3% | 15.4% | 14.2% | |
| EBITDA Margin | 29.8% | 26.9% | 26.3% | 21.0% | 26.5% | 26.6% | 25.4% | 25.0% | |
| ROA | 6.4% | 5.8% | 6.4% | 4.0% | 4.9% | 5.0% | 5.8% | 5.2% | |
| ROE | 12.9% | 11.4% | 12.5% | 8.3% | 10.3% | 9.8% | 11.1% | 10.0% | |
| ROIC | 9.8% | 8.0% | 9.5% | 6.6% | 7.5% | 7.6% | 8.6% | 7.6% |
Liquidity & Solvency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 2.7 | 1.8 | 3.2 | 2.0 | 2.2 | 2.2 | 2.6 | 1.8 | |
| Quick Ratio | 0.2 | 0.5 | 1.2 | 1.1 | 1.3 | 1.6 | 1.5 | 0.9 | |
| Debt / Equity | 0.5 | 0.7 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.6 | |
| LT Debt / Equity | 0.5 | 0.6 | 0.5 | 0.6 | 0.6 | 0.5 | 0.5 | 0.5 | |
| Interest Coverage | · | · | 7.3 | 5.6 | 6.8 | 6.6 | 6.7 | 5.4 |
Efficiency
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.5 | 0.4 | |
| Inventory Turnover | 8.5 | 8.2 | 9.8 | 10.3 | 8.1 | 7.9 | 8.3 | 7.8 | |
| Receivables Turnover | · | · | · | 9.0 | 8.6 | 9.3 | 9.4 | 9.3 |
Per Share
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $65.28 | $61.46 | $56.65 | $52.13 | $49.32 | $45.48 | $42.47 | $39.49 | |
| Revenue / Share | $59.84 | $55.73 | $58.20 | $54.75 | $41.59 | $36.45 | $36.95 | $32.73 | |
| Cash Flow / Share | $13.66 | $10.59 | $11.49 | $8.59 | $7.58 | $8.03 | $7.38 | $6.22 | |
| Cash / Share | $1.40 | $4.24 | $7.05 | $1.21 | $1.77 | $9.03 | $2.05 | $0.30 | |
| Dividend / Share | $1.96 | $1.84 | $1.72 | $1.60 | · | · | · | · | |
| Dividend Paid / Share | · | · | $1.72 | $1.60 | $1.48 | $1.36 | $1.24 | $1.12 | |
| EPS (TTM) | $8.11 | $6.85 | $6.98 | $4.31 | $5.02 | $4.39 | $4.63 | $3.85 |
Growth Rates
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY | 7.1% | -4.7% | 6.4% | 31.8% | 14.3% | · | · | · | |
| Revenue CAGR 3Y | 2.8% | 10.1% | 17.0% | · | · | · | · | · | |
| Revenue CAGR 5Y | 10.3% | · | · | · | · | · | · | · | |
| EPS YoY | 18.4% | -1.9% | 62.0% | -14.1% | 14.3% | · | · | · | |
| EPS CAGR 3Y | 23.5% | 10.9% | 16.7% | · | · | · | · | · | |
| EPS CAGR 5Y | 13.1% | · | · | · | · | · | · | · | |
| Net Income YoY | 18.1% | -2.3% | 62.1% | -14.2% | 14.8% | · | · | · | |
| Net Income CAGR 3Y | 23.2% | 10.8% | 16.9% | · | · | · | · | · | |
| Net Income CAGR 5Y | 13.0% | · | · | · | · | · | · | · | |
| Dividends Paid CAGR 5Y | 7.6% | · | · | · | · | · | · | · |
Valuation (TTM)
| Metric | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $7.94B | $7.42B | $7.78B | $7.32B | $5.55B | $4.86B | $4.93B | $4.38B | |
| Net Income TTM | $1.08B | $912M | $933M | $576M | $671M | $584M | $618M | $516M | |
| Market Cap | $37.25B | $33.98B | $29.99B | $23.27B | $27.55B | $19.65B | $19.06B | $13.02B | |
| Enterprise Value | $41.43B | $38.73B | $32.93B | $27.09B | $31.19B | $21.74B | $21.57B | $15.89B | |
| P/E | 35.2 | 37.6 | 32.5 | 40.6 | 41.4 | 33.8 | 31.1 | 25.7 | |
| P/S | 4.7 | 4.6 | 3.9 | 3.2 | 5.0 | 4.0 | 3.9 | 3.0 | |
| P/B | 4.4 | 4.2 | 4.0 | 3.4 | 4.2 | 3.3 | 3.4 | 2.5 | |
| P / Tangible Book | 11.4 | 13.9 | 12.0 | 15.1 | 25.1 | 11.3 | · | · | |
| P / Cash Flow | 20.5 | 24.1 | 19.5 | 20.3 | 27.2 | 18.4 | 19.4 | 15.6 | |
| P / FCF | 32.8 | 42.2 | 45.1 | 43.5 | 49.1 | 27.8 | 31.8 | 35.8 | |
| EV / EBITDA | 17.5 | 19.4 | 16.1 | 17.6 | 21.2 | 16.8 | 17.2 | 14.5 | |
| EV / FCF | 36.5 | 48.0 | 49.6 | 50.6 | 55.6 | 30.7 | 36.0 | 43.7 | |
| EV / Revenue | 5.2 | 5.2 | 4.2 | 3.7 | 5.6 | 4.5 | 4.4 | 3.6 | |
| Dividend Yield | 0.70% | 0.72% | 0.76% | 0.91% | 0.71% | 0.92% | 0.86% | 1.1% | |
| Earnings Yield | 2.8% | 2.7% | 3.1% | 2.5% | 2.4% | 3.0% | 3.2% | 3.9% | |
| Payout Ratio | 24.1% | 26.8% | 24.5% | 36.9% | 29.3% | 30.8% | 26.6% | 28.7% | |
| Annual Payout | $260M | $244M | $228M | $213M | $196M | $180M | $164M | $148M |
Income Statement
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.16B | $1.76B | $1.91B | $2.29B | $2.10B | $1.63B | $1.85B | $2.00B | $2.01B | $1.55B | $1.83B | $2.19B | $2.11B | $1.65B | $1.73B | $2.09B | |
| Cost of Revenue | $1.53B | $1.33B | $1.43B | $1.59B | $1.48B | $1.27B | $1.32B | $1.44B | $1.42B | $1.24B | $1.36B | $1.59B | $1.53B | $1.35B | $1.38B | $1.60B | |
| Gross Profit | $626M | $423M | $487M | $697M | $625M | $365M | $537M | $565M | $592M | $305M | $472M | $591M | $583M | $302M | $350M | $493M | |
| SG&A Expense | $141M | $136M | $136M | $145M | $144M | $138M | $138M | $129M | $134M | $130M | $142M | $144M | $139M | $117M | $126M | $135M | |
| Operating Income | $456M | $265M | $379M | $543M | $471M | $226M | $401M | $337M | $454M | $173M | $370M | $419M | $451M | $187M | $191M | $305M | |
| Other Non-op | $4M | $1M | $-4M | $700.0K | $2M | $-3M | $-9M | $-4M | $-9M | $-300.0K | $2M | $-6M | $-100.0K | $1M | $7M | $1M | |
| Pretax Income | $404M | $213M | $323M | $489M | $414M | $164M | $339M | $295M | $405M | $134M | $335M | $366M | $404M | $140M | $151M | $261M | |
| Income Tax | $81M | $46M | $70M | $112M | $91M | $34M | $43M | $85M | $94M | $29M | $105M | $86M | $92M | $17M | $28M | $82M | |
| Net Income | $323M | $166M | $252M | $375M | $321M | $129M | $294M | $208M | $308M | $103M | $227M | $276M | $309M | $121M | $119M | $177M | |
| EPS (Basic) | $2.49 | $1.27 | $1.92 | $2.84 | $2.43 | $0.97 | $2.21 | $1.57 | $2.33 | $0.78 | $1.71 | $2.08 | $2.32 | $0.91 | $0.90 | $1.33 | |
| EPS (Diluted) | $2.48 | $1.26 | $1.90 | $2.82 | $2.42 | $0.97 | $2.21 | $1.56 | $2.31 | $0.77 | $1.70 | $2.07 | $2.31 | $0.90 | $0.89 | $1.33 | |
| Shares (Basic) | 129,800,000 | 130,700,000 | · | 132,100,000 | 132,200,000 | 132,400,000 | · | 132,200,000 | 132,400,000 | 132,400,000 | · | 133,000,000 | 133,200,000 | 133,200,000 | · | 133,000,000 | |
| Shares (Diluted) | 130,300,000 | 131,200,000 | · | 132,900,000 | 132,900,000 | 133,000,000 | · | 133,000,000 | 133,100,000 | 133,100,000 | · | 133,700,000 | 133,800,000 | 133,700,000 | · | 133,600,000 | |
| EBITDA | $633M | $436M | · | $735M | $656M | $413M | · | $498M | $610M | $324M | · | $580M | $606M | $336M | · | $456M |
Balance Sheet
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $194M | $140M | $183M | $191M | $347M | $181M | $560M | $433M | $111M | $292M | · | $340M | $166M | $140M | · | $122M | |
| Inventory | $689M | $696M | $680M | $687M | $726M | $721M | $682M | $648M | $650M | $647M | · | $571M | $595M | $586M | · | $542M | |
| Other Current Assets | $86M | $79M | $102M | $104M | $88M | $83M | $91M | $114M | $153M | $74M | · | $106M | $120M | $92M | · | $141M | |
| Current Assets | $2.16B | $2.58B | $2.57B | $2.27B | $2.24B | $1.93B | $2.27B | $2.21B | $1.98B | $1.91B | · | $2.70B | $2.04B | $1.79B | · | $2.33B | |
| PP&E (Net) | $8.17B | $8.10B | · | $8.35B | $8.34B | $8.38B | · | $6.41B | $6.42B | $6.21B | · | $6.11B | $6.11B | $6.04B | · | $5.99B | |
| PP&E (Gross) | · | · | · | $14.64B | $14.56B | $14.53B | · | $12.35B | $12.24B | $11.95B | · | $11.61B | $11.56B | $11.41B | · | $11.13B | |
| Accum. Depreciation | · | · | · | $6.29B | $6.22B | $6.15B | · | $5.94B | $5.83B | $5.74B | · | $5.50B | $5.46B | $5.37B | · | $5.15B | |
| Goodwill | $3.78B | $3.78B | $3.78B | $3.84B | $3.83B | $3.81B | $3.79B | $3.45B | $3.54B | $3.53B | $3.53B | $3.53B | $3.69B | $3.69B | $3.69B | $3.70B | |
| Intangibles | $1.44B | $1.48B | $1.49B | $1.80B | $1.83B | $1.85B | $1.88B | $1.45B | $1.46B | $1.45B | · | $1.47B | $1.65B | $1.68B | · | $1.71B | |
| Other Non-current Assets | $189M | $171M | $159M | $166M | $152M | $146M | $149M | $288M | $282M | $273M | · | $251M | $252M | $270M | · | $277M | |
| Total Assets | $16.44B | $16.67B | $16.70B | $16.98B | $16.97B | $16.71B | $17.10B | $14.35B | $14.22B | $13.91B | $14.55B | $14.62B | $14.33B | $14.08B | $14.23B | $14.62B | |
| Short-term Debt | $0 | $197M | $0 | $0 | $550M | $0 | $0 | $0 | $95M | $0 | · | $0 | $0 | $0 | · | $312M | |
| Current Liabilities | $1.23B | $997M | $956M | $1.02B | $1.34B | $797M | $1.24B | $774M | $797M | $696M | · | $864M | $793M | $757M | · | $1.36B | |
| Capital Leases | $521M | $526M | $523M | $506M | $536M | $556M | $521M | $504M | $508M | $508M | · | $516M | $538M | $546M | · | $550M | |
| Deferred Tax | $1.29B | $1.36B | $1.36B | $1.39B | $1.32B | $1.33B | $1.34B | $1.00B | $1.01B | $1.03B | · | $1.07B | $1.07B | $1.06B | · | $1.07B | |
| Other Non-current Liabilities | $819M | $820M | $302M | $814M | $850M | $825M | $318M | $712M | $697M | $688M | · | $685M | $684M | $669M | · | $716M | |
| Total Liabilities | $7.95B | $8.20B | $8.15B | $8.22B | $8.54B | $8.55B | $8.96B | $6.46B | $6.49B | $6.39B | · | $7.16B | $7.11B | $7.07B | · | $7.74B | |
| Long-term Debt | $4.36B | $4.36B | $4.36B | $4.36B | $4.36B | $4.91B | $5.31B | $3.33B | $3.33B | $3.33B | · | $3.87B | $3.87B | $3.88B | · | $3.87B | |
| Total Debt | $4.36B | $4.56B | · | $4.36B | $4.91B | $4.91B | · | $3.33B | $3.43B | $3.33B | · | $3.87B | $3.87B | $3.88B | · | $4.19B | |
| Common Stock | · | · | · | · | · | · | · | · | · | · | · | $133M | $133M | $133M | · | $133M | |
| Retained Earnings | $5.54B | $5.54B | $5.59B | $5.81B | $5.49B | $5.24B | $5.21B | $4.98B | $4.83B | $4.64B | · | $4.59B | $4.38B | $4.17B | · | $4.05B | |
| AOCI | $-123M | $-124M | $-126M | $-123M | $-124M | $-126M | $-127M | $-139M | $-141M | $-142M | $-144M | $-150M | $-151M | $-153M | $-155M | $-149M | |
| Stockholders' Equity | $8.46B | $8.45B | $8.53B | $8.73B | $8.41B | $8.13B | $8.12B | $7.87B | $7.71B | $7.49B | · | $7.44B | $7.20B | $6.99B | · | $6.86B | |
| Liabilities + Equity | $16.44B | $16.67B | $16.70B | $16.98B | $16.97B | $16.71B | $17.10B | $14.35B | $14.22B | $13.91B | · | $14.62B | $14.33B | $14.08B | · | $14.62B | |
| Shares Outstanding | 129,400,000 | 130,300,000 | 130,600,000 | 132,000,000 | 132,000,000 | 132,100,000 | 132,100,000 | 132,100,000 | 132,100,000 | 132,300,000 | 132,100,000 | 132,900,000 | 132,900,000 | 133,100,000 | 132,900,000 | 132,900,000 |
Cash Flow
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| D&A | $178M | $170M | $185M | $191M | $186M | $186M | $164M | $161M | $157M | $151M | $153M | $161M | $155M | $148M | $152M | $151M | |
| Stock-based Comp | $9M | $16M | $13M | $17M | $19M | $14M | $14M | $15M | $15M | $9M | $20M | $19M | $16M | $8M | $13M | $10M | |
| Other Non-cash | · | $-241M | · | · | · | $-163M | · | · | · | $-192M | · | · | · | $-111M | · | · | |
| Operating Cash Flow | $344M | $241M | $543M | $677M | $342M | $252M | $440M | $595M | $201M | $173M | $482M | $548M | $286M | $221M | $400M | $423M | |
| CapEx | $194M | $176M | $185M | $222M | $103M | $168M | $162M | $97M | $191M | $153M | $206M | $312M | $161M | $194M | $162M | $160M | |
| Investing Cash Flow | $320M | $-175M | $-78M | $-214M | $-110M | $-126M | $-2.17B | $-108M | $-370M | $-164M | $346M | $-306M | $-142M | $-62M | $-112M | $-472M | |
| Debt Issued | · | · | · | · | · | · | $2.00B | $0 | $0 | $0 | $0 | $0 | $0 | $550M | $0 | $550M | |
| Net Debt Issued | · | $-400.0K | · | · | · | $-400M | · | · | · | $-550M | · | · | · | $-400.0K | · | · | |
| Stock Repurchased | $250M | $150M | $400M | $0 | $0 | $38M | $0 | $0 | $50M | $19M | $150M | $0 | $50M | $0 | $0 | $0 | |
| Net Stock Activity | · | $-150M | · | · | · | $-38M | · | · | · | $-19M | · | · | · | · | · | · | |
| Dividends Paid | $68M | $68M | $64M | $65M | $65M | $66M | $61M | $61M | $61M | $62M | $57M | $57M | $57M | $57M | $53M | $53M | |
| Financing Cash Flow | $-518M | $-112M | $-470M | $-619M | $-73M | $-533M | $1.90B | $-164M | $-20M | $-659M | $-223M | $-65M | $-116M | $-181M | $-273M | $72M | |
| Net Change in Cash | $145M | $-46M | $-6M | $-156M | $158M | $-408M | $166M | $323M | $-188M | $-649M | $604M | $177M | $28M | $-22M | $15M | $23M | |
| Taxes Paid | $79M | $3M | $106M | $72M | $111M | $2M | $3M | $50M | $224M | $3M | $123M | $56M | $114M | $-700.0K | $10M | $22M | |
| Free Cash Flow | · | $65M | · | · | · | $84M | · | · | · | $21M | · | · | · | $28M | · | · |
Profitability
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 29.0% | 24.1% | · | 30.4% | 29.7% | 22.4% | · | 28.2% | 29.4% | 19.7% | · | 27.0% | 27.6% | 18.3% | · | 23.6% | |
| Operating Margin | 21.1% | 15.1% | · | 23.7% | 22.4% | 13.9% | · | 16.8% | 22.5% | 11.2% | · | 19.2% | 21.3% | 11.3% | · | 14.6% | |
| Net Margin | 15.0% | 9.4% | · | 16.4% | 15.3% | 7.9% | · | 10.4% | 15.3% | 6.6% | · | 12.7% | 14.6% | 7.3% | · | 8.5% | |
| Pretax Margin | 18.8% | 12.1% | · | 21.3% | 19.7% | 10.0% | · | 14.7% | 20.1% | 8.6% | · | 16.7% | 19.1% | 8.5% | · | 12.5% | |
| EBITDA Margin | 29.4% | 24.8% | · | 32.1% | 31.2% | 25.2% | · | 24.8% | 30.3% | 20.9% | · | 26.5% | 28.7% | 20.3% | · | 21.9% | |
| ROA | 1.9% | 0.99% | · | 2.4% | 2.1% | 0.84% | · | 1.4% | 2.2% | 0.73% | · | 1.9% | 2.2% | 0.86% | · | 1.2% | |
| ROE | 3.8% | 2.0% | · | 4.5% | 4.0% | 1.7% | · | 2.7% | 4.1% | 1.4% | · | 3.9% | 4.4% | 1.8% | · | 2.7% | |
| ROIC | 2.8% | 1.6% | · | 3.2% | 2.8% | 1.4% | · | 2.1% | 3.1% | 1.2% | · | 2.8% | 3.1% | 1.5% | · | 1.9% |
Liquidity & Solvency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.8 | 2.6 | · | 2.2 | 1.7 | 2.4 | · | 2.9 | 2.5 | 2.7 | · | 3.1 | 2.6 | 2.4 | · | 1.7 | |
| Quick Ratio | 0.2 | 0.1 | · | 0.2 | 0.3 | 0.2 | · | 0.6 | 0.1 | 0.4 | · | 0.4 | 0.2 | 0.2 | · | 0.1 | |
| Debt / Equity | 0.5 | 0.5 | · | 0.5 | 0.6 | 0.6 | · | 0.4 | 0.4 | 0.4 | · | 0.5 | 0.5 | 0.6 | · | 0.6 | |
| LT Debt / Equity | 0.5 | 0.5 | · | 0.5 | 0.5 | 0.6 | · | 0.4 | 0.4 | 0.4 | · | 0.5 | 0.5 | 0.6 | · | 0.6 |
Efficiency
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Asset Turnover | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | 0.1 | 0.1 | · | 0.1 | |
| Inventory Turnover | 2.2 | 1.9 | · | 2.4 | 2.1 | 1.9 | · | 2.4 | 2.3 | 2.0 | · | 2.9 | 2.7 | 2.4 | · | 3.0 |
Per Share
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Book Value / Share | $65.42 | $64.86 | · | $66.17 | $63.69 | $61.58 | · | $59.57 | $58.33 | $56.63 | · | $55.99 | $54.20 | $52.49 | · | $51.59 | |
| Revenue / Share | $16.54 | $13.38 | · | $17.24 | $15.82 | $12.29 | · | $15.07 | $15.13 | $11.61 | · | $16.35 | $15.79 | $12.33 | · | $15.63 | |
| Cash Flow / Share | · | $1.84 | · | · | · | $1.89 | · | · | · | $1.30 | · | · | · | $1.66 | · | · | |
| Cash / Share | $1.50 | $1.08 | · | $1.45 | $2.63 | $1.37 | · | $3.28 | $0.84 | $2.21 | · | $2.56 | $1.25 | $1.05 | · | $0.92 | |
| Dividend / Share | $0.52 | $0.52 | $0.49 | $0.49 | $0.49 | $0.49 | $0.46 | $0.46 | $0.46 | $0.46 | $0.43 | $0.43 | · | · | · | · | |
| Dividend Paid / Share | · | · | · | · | · | · | · | · | $0.46 | $0.46 | · | $0.43 | $0.43 | $0.43 | · | $0.40 | |
| EPS (TTM) | $8.46 | $8.40 | · | $8.42 | $7.16 | $7.05 | · | $6.34 | $6.85 | $6.85 | · | $6.17 | $5.43 | $4.52 | · | $4.46 |
Valuation (TTM)
| Metric | Trend | Q2 2026 | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 | Q3 2022 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue TTM | $8.12B | $8.06B | · | $7.88B | $7.59B | $7.51B | · | $7.40B | $7.58B | $7.68B | · | $7.68B | $7.58B | $7.42B | · | $7.19B | |
| Net Income TTM | $1.12B | $1.11B | · | $1.12B | $951M | $938M | · | $846M | $915M | $915M | · | $825M | $726M | $604M | · | $594M | |
| Market Cap | $38.17B | $35.48B | · | $40.61B | $34.43B | $30.82B | · | $33.08B | $32.85B | $36.11B | · | $26.85B | $29.96B | $22.83B | · | $20.96B | |
| Enterprise Value | $42.34B | $39.90B | · | $44.78B | $38.99B | $35.55B | · | $35.98B | $36.17B | $39.15B | · | $30.38B | $33.67B | $26.57B | · | $25.02B | |
| P/E | 34.9 | 32.4 | · | 36.5 | 36.4 | 33.1 | · | 39.5 | 36.3 | 39.8 | · | 32.7 | 41.5 | 38.0 | · | 35.4 | |
| P/S | 4.7 | 4.4 | · | 5.2 | 4.5 | 4.1 | · | 4.5 | 4.3 | 4.7 | · | 3.5 | 4.0 | 3.1 | · | 2.9 | |
| P/B | 4.5 | 4.2 | · | 4.6 | 4.1 | 3.8 | · | 4.2 | 4.3 | 4.8 | · | 3.6 | 4.2 | 3.3 | · | 3.1 | |
| P / Tangible Book | 11.8 | 11.1 | · | 13.1 | 12.5 | 12.5 | · | 11.1 | 12.1 | 14.4 | · | 11.0 | 16.1 | 14.1 | · | 14.5 | |
| P / Cash Flow | · | 147.2 | · | · | · | 122.5 | · | · | · | 208.2 | · | · | · | 103.2 | · | · | |
| EV / Revenue | 5.2 | 4.9 | · | 5.7 | 5.1 | 4.7 | · | 4.9 | 4.8 | 5.1 | · | 4.0 | 4.4 | 3.6 | · | 3.5 | |
| Dividend Yield | 0.69% | 0.74% | · | 0.63% | 0.73% | 0.81% | · | 0.73% | 0.72% | 0.65% | · | 0.84% | 0.74% | 0.95% | · | 1.0% | |
| Earnings Yield | 2.9% | 3.1% | · | 2.7% | 2.8% | 3.0% | · | 2.5% | 2.8% | 2.5% | · | 3.0% | 2.4% | 2.6% | · | 2.8% | |
| Payout Ratio | · | 41.0% | · | · | · | 51.2% | · | · | · | 60.4% | · | · | · | 47.4% | · | · | |
| Annual Payout | $264M | $262M | · | $256M | $252M | $248M | · | $240M | $237M | $233M | · | $225M | $221M | $217M | · | $209M |
Most recent period on the left · null values shown as ·
Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Revenue | $7.94B | · | · | $7.42B | · |
| Gross Margin % | 27.4% | · | · | 27.0% | · |
| Operating Margin % | 20.4% | · | · | 18.4% | · |
| Net Income | $1.08B | · | · | $912M | · |
| Diluted EPS | $8.11 | · | · | $6.85 | · |
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Debt / Equity | 0.5 | · | · | 0.7 | · |
| Current Ratio | 2.7 | · | · | 1.8 | · |
| Quick Ratio | 0.2 | · | · | 0.5 | · |
| Metric | 2025-12-31 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|---|
| Free Cash Flow | $1.14B | · | · | $806M | · |
Institutional owners (13F) 1,145 filers · $42.4B total · As of Sept. 30, 2026
Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.
| New positions | Exited positions | Increased | Decreased | Net shares change |
|---|---|---|---|---|
| 134 (+1 vs prior Q) | 88 (-24 vs prior Q) | 381 (+21 vs prior Q) | 383 (-3 vs prior Q) | +4.6M |
Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.
| Institution | Value | Shares | % of tracked 13F | Type |
|---|---|---|---|---|
| VANGUARD GROUP INC | $4,869,177,155 | 17,071,654 | 11.47% | Shares |
| BlackRock, Inc. | $2,868,443,788 | 9,723,208 | 6.76% | Shares |
| STATE FARM MUTUAL AUTOMOBILE INSURANCE CO | $2,809,005,568 | 9,521,730 | 6.62% | Shares |
| VANGUARD CAPITAL MANAGEMENT LLC | $2,499,562,203 | 8,472,805 | 5.89% | Shares |
| VANGUARD PORTFOLIO MANAGEMENT LLC | $2,069,834,116 | 7,016,149 | 4.88% | Shares |
| STATE STREET CORP | $1,812,859,166 | 6,145,077 | 4.27% | Shares |
| PRINCIPAL FINANCIAL GROUP INC | $1,612,821,313 | 5,466,956 | 3.80% | Shares |
| JPMORGAN CHASE & CO | $1,536,334,560 | 5,056,726 | 3.62% | Shares |
| FMR LLC | $1,081,573,645 | 3,666,226 | 2.55% | Shares |
| GEODE CAPITAL MANAGEMENT, LLC | $1,013,664,805 | 3,449,887 | 2.39% | Shares |
| TCI FUND MANAGEMENT LTD | $721,890,650 | 2,447,004 | 1.70% | Shares |
| BANK OF AMERICA CORP /DE/ | $688,579,501 | 2,334,089 | 1.62% | Shares |
| Clearbridge Investments, LLC | $678,252,698 | 2,299,084 | 1.60% | Shares |
| NORTHERN TRUST CORP | $631,055,006 | 2,139,097 | 1.49% | Shares |
| MASSACHUSETTS FINANCIAL SERVICES CO /MA/ | $625,229,512 | 2,102,064 | 1.47% | Shares |
| Egerton Capital (UK) LLP | $581,669,447 | 1,971,694 | 1.37% | Shares |
| PARNASSUS INVESTMENTS, LLC | $558,540,663 | 1,893,294 | 1.32% | Shares |
| MORGAN STANLEY | $523,383,563 | 1,774,120 | 1.23% | Shares |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | $451,118,810 | 1,529,164 | 1.06% | Shares |
| ALKEON CAPITAL MANAGEMENT LLC | $436,215,365 | 1,478,646 | 1.03% | Shares |
| DIMENSIONAL FUND ADVISORS LP | $413,910,560 | 1,402,692 | 0.98% | Shares |
| Allspring Global Investments Holdings, LLC | $397,904,347 | 1,348,691 | 0.94% | Shares |
| NORGES BANK | $360,701,647 | 1,222,676 | 0.85% | Shares |
| Invesco Ltd. | $346,646,141 | 1,175,032 | 0.82% | Shares |
| GOLDMAN SACHS GROUP INC | $328,689,981 | 1,114,165 | 0.77% | Shares |
| CHARLES SCHWAB INVESTMENT MANAGEMENT INC | $314,621,675 | 1,066,478 | 0.74% | Shares |
| MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. | $314,608,062 | 1,066,387 | 0.74% | Shares |
| Stockbridge Partners LLC | $314,469,745 | 1,065,963 | 0.74% | Shares |
| Veritas Asset Management LLP | $306,641,064 | 1,039,426 | 0.72% | Shares |
| FRANKLIN RESOURCES INC | $297,523,501 | 1,008,520 | 0.70% | Shares |
| UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | $260,128,462 | 955,301 | 0.61% | Shares |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | $216,061,784 | 732,388 | 0.51% | Shares |
| VANGUARD FIDUCIARY TRUST CO | $214,937,206 | 728,576 | 0.51% | Shares |
| Bank of New York Mellon Corp | $213,959,524 | 725,262 | 0.50% | Shares |
| NOMURA ASSET MANAGEMENT INTERNATIONAL INC. | $213,186,000 | 722,640 | 0.50% | Shares |
| SCHRODER INVESTMENT MANAGEMENT GROUP | $210,418,832 | 713,260 | 0.50% | Shares |
| WELLS FARGO & COMPANY/MN | $209,069,854 | 708,687 | 0.49% | Shares |
| DEUTSCHE BANK AG\ | $208,672,668 | 707,341 | 0.49% | Shares |
| Fenimore Asset Management Inc | $194,873,522 | 660,566 | 0.46% | Shares |
| UBS Group AG | $192,292,238 | 651,816 | 0.45% | Shares |
| 59 North Capital Management, LP | $189,953,104 | 643,887 | 0.45% | Shares |
| MAVERICK CAPITAL LTD | $187,999,253 | 637,264 | 0.44% | Shares |
| Legal & General Group Plc | $184,698,394 | 626,075 | 0.44% | Shares |
| Avantyr Capital Partners, LP | $184,176,218 | 624,305 | 0.43% | Shares |
| W1M Asset Management Ltd | $168,186,491 | 570,288 | 0.40% | Shares |
| LONDON CO OF VIRGINIA | $165,346,888 | 560,475 | 0.39% | Shares |
| PARK PRESIDIO CAPITAL LLC | $164,625,020 | 558,032 | 0.39% | Shares |
| BARCLAYS PLC | $164,212,889 | 556,635 | 0.39% | Shares |
| AQR CAPITAL MANAGEMENT LLC | $156,457,982 | 530,348 | 0.37% | Shares |
| Vontobel Holding Ltd. | $146,075,086 | 495,153 | 0.34% | Shares |
Activists & 5%+ owners 2 positions
Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.
| Filer | Filed | Stake | Status | Purpose | Filing |
|---|---|---|---|---|---|
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Dec. 7, 2012 | · | Initial filing | · | SEC |
| Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person | Jan. 20, 2012 | · | Initial filing | Passive investment | SEC |
Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.
Company insiders 55 insiders · 27 officers · 24 directors
| Insider | Role | Last activity | Shares owned | Buys 12m | Sells 12m | Net 12m |
|---|---|---|---|---|---|---|
| Ronnie A Pruitt | Chief Executive Officer | Feb. 21, 2026 M | 20,916 | 0 | 0 | $0 |
| Mary Andrews Carlisle | SVP and CFO | July 13, 2026 A | 12,464 | 0 | 0 | $0 |
| Suzanne H Wood | SVP & Chief Financial Officer | Feb. 22, 2022 M | 9,669 | 0 | 0 | $0 |
| Thompson S Baker II | President | Feb. 21, 2026 M | 59,493 | 0 | 5 | $-6,510,814 |
| Brock C. Lodge Jr | President - Western Division | Feb. 19, 2019 A | 2,815 | 0 | 0 | $0 |
| David B. Pasley | President - Mountain West Div | Sept. 1, 2017 S | 2,857 | 0 | 0 | $0 |
| Martin S Thorpe | President, Mideast Division | Feb. 10, 2017 A | 2,431 | 0 | 0 | $0 |
| Christina M Alvord | President, Southern Gulf Coast | Feb. 10, 2017 A | · | 0 | 0 | $0 |
| Jeffery G Lott | President, Southwest Division | Feb. 10, 2017 A | 4,389 | 0 | 0 | $0 |
| David J Grayson | President, Southeast Division | Nov. 8, 2016 S | 16,648 | 0 | 0 | $0 |
| David P Clements | Senior Vice President | Aug. 7, 2026 S | 6,716 | 0 | 4 | $-1,793,845 |
| Mitesh Bansilal Shah | SVP and CHRO | May 8, 2026 A | 1,079 | 0 | 0 | $0 |
| Jerry F Perkins Jr | Chief Administrative Officer | Feb. 21, 2026 M | 20,548 | 0 | 0 | $0 |
| Stanley G Bass | Chief Strategy Officer | Feb. 21, 2026 M | 34,932 | 0 | 1 | $-959,904 |
| Randy L. Pigg | Vice President and Controller | Feb. 19, 2026 A | 1,577 | 0 | 0 | $0 |
| Denson N. Franklin III | SVP, Gen. Counsel & Secretary | Feb. 13, 2026 M | 12,427 | 0 | 1 | $-196,175 |
| Darren L. Hicks | Chief Human Resources Officer | Feb. 28, 2024 M | 6,038 | 0 | 0 | $0 |
| Jason P Teter | Senior Vice President | Feb. 22, 2023 M | 13,821 | 0 | 0 | $0 |
| Michael R Mills | Chief Administrative Officer | July 31, 2019 M | 48,213 | 0 | 0 | $0 |
| John R Mcpherson | Exec VP & CF & Strategy | June 7, 2018 M | 52,610 | 0 | 0 | $0 |
| Ejaz A Khan | VP, Controller & CIO | Feb. 23, 2018 A | 36,386 | 0 | 0 | $0 |
| Danny R Shepherd | Vice Chairman | May 8, 2015 M | 37,008 | 0 | 0 | $0 |
| Daniel F Sansone | Exec VP-Strategy | Nov. 6, 2014 M | 17,274 | 0 | 0 | $0 |
| Wayne J Houston | Senior VP-Human Resources | Feb. 13, 2014 A | 1,870 | 0 | 0 | $0 |
| Robert A Wason IV | Sr. VP, General Counsel | Sept. 13, 2012 M | 16,905 | 0 | 0 | $0 |
| Ronald G Mcabee | SVP, CMG-West | April 22, 2010 M | 8,526 | 0 | 0 | $0 |
| Guy M Badgett III | Sr. VP, Construction Materials | March 2, 2009 A | 13,382 | 0 | 0 | $0 |
| Thomas J Hill | Director | Aug. 21, 2026 S | 58,209 | 0 | 4 | $-3,866,405 |
| Melissa H. Anderson | Director | June 12, 2026 A | 0 | 0 | 1 | $-345,330 |
| Lee J Styslinger III | Director | June 12, 2026 A | 4,000 | 0 | 0 | $0 |
| Thomas A Fanning | Director | June 12, 2026 A | · | 0 | 0 | $0 |
| Lydia H Kennard | Director | June 12, 2026 M | 2,112 | 0 | 0 | $0 |
| Grayson Hall | Director | June 12, 2026 M | 618 | 0 | 2 | $-1,354,267 |
| Kathleen L Quirk | Director | June 12, 2026 A | · | 0 | 0 | $0 |
| David P Steiner | Director | June 12, 2026 A | 5,000 | 0 | 0 | $0 |
| George Willis | Director | May 8, 2026 A | 3,201 | 0 | 0 | $0 |
| Cynthia Lynn Hostetler | Director | May 8, 2026 A | · | 0 | 0 | $0 |
| Richard T Obrien | Director | May 8, 2026 A | 3,201 | 0 | 0 | $0 |
| Michael D Wilson | Director | Dec. 13, 2019 A | · | 0 | 0 | $0 |
| Kathleen Wilson-Thompson | Director | May 11, 2018 A | · | 0 | 0 | $0 |
| Vincent J Trosino | Director | Dec. 15, 2016 A | 8,200 | 0 | 0 | $0 |
| Douglas J Mcgregor | Director | Dec. 15, 2016 A | · | 0 | 0 | $0 |
| Elaine L. Chao | Director | May 16, 2016 A | · | 0 | 0 | $0 |
| Donald M James | Director | May 12, 2015 M | 137,630 | 0 | 0 | $0 |
| Donald B Rice | Director | May 7, 2015 A | 31,950 | 0 | 0 | $0 |
| Allen H Franklin | Director | Dec. 12, 2014 A | · | 0 | 0 | $0 |
| Phillip W Farmer | Director | May 8, 2014 A | · | 0 | 0 | $0 |
| Ann Mclaughlin Korologos | Director | May 9, 2013 A | 3,308 | 0 | 0 | $0 |
| CARROLL PHILIP J JR | Director | June 15, 2012 A | · | 0 | 0 | $0 |
| James V Napier | Director | Jan. 24, 2011 G | 7,334 | 0 | 0 | $0 |
| John D. Baker II | Director | March 24, 2009 A | 10,000 | 0 | 0 | $0 |
| James T Prokopanko | · | May 8, 2026 A | · | 0 | 0 | $0 |
| William K Duke | · | March 1, 2017 I | 11,381 | 0 | 0 | $0 |
| Orin R Smith | · | March 27, 2009 A | · | 0 | 0 | $0 |
| William F Denson III | · | Feb. 29, 2008 A | 34,299 | 0 | 0 | $0 |
Insiders from SEC Form 3/4/5 filings; net = open-market P/S only
ETF ownership Held by 116 ETFs
Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.
| Fund | Weight | Units | As of | Source |
|---|---|---|---|---|
| PKB · Invesco Exchange-Traded Fund Trust | 4.79% | 54,957 SH | Oct. 2, 2026 | Daily |
| RSPM · Invesco Exchange-Traded Fund Trust | 4.14% | 28,855 SH | Oct. 2, 2026 | Daily |
| VAW · VANGUARD WORLD FUND | 2.52% | 382,807 SH | Aug. 19, 2026 | Daily |
| FMAT · FIDELITY COVINGTON TRUST | 2.36% | 50,894 NS | July 31, 2026 | N-PORT |
| NUMG · Nushares ETF Trust | 2.01% | 26,194 NS | July 31, 2026 | N-PORT |
| ASLV · ALLSPRING EXCHANGE-TRADED FUNDS TRU… | 1.40% | 11,362 NS | July 31, 2026 | N-PORT |
| FMAG · FIDELITY COVINGTON TRUST | 1.08% | 9,936 NS | July 31, 2026 | N-PORT |
| MXI · iShares Trust | 1.02% | 16,452 SH | Sept. 11, 2026 | Daily |
| VOT · VANGUARD INDEX FUNDS | 0.84% | 994,053 SH | Aug. 19, 2026 | Daily |
| IGE · iShares Trust | 0.79% | 25,346 SH | Sept. 11, 2026 | Daily |
| FOWF · Pacer Funds Trust | 0.55% | 323 NS | July 31, 2026 | N-PORT |
| IMCG · iShares Trust | 0.44% | 69,322 SH | Sept. 11, 2026 | Daily |
| DFLV · Dimensional ETF Trust | 0.41% | 102,708 NS | July 31, 2026 | N-PORT |
| IYJ · iShares Trust | 0.41% | 30,770 SH | Sept. 11, 2026 | Daily |
| ESLV · Strategy Shares | 0.37% | 197 NS | July 31, 2026 | N-PORT |
| VO · VANGUARD INDEX FUNDS | 0.37% | 2,811,942 SH | Aug. 19, 2026 | Daily |
| FTC · First Trust Exchange-Traded AlphaDE… | 0.35% | 17,424 NS | July 31, 2026 | N-PORT |
| JOYT · J.P. Morgan Exchange-Traded Fund Tr… | 0.32% | 1,169 NS | July 31, 2026 | N-PORT |
| IWS · iShares Trust | 0.32% | 193,850 SH | Sept. 11, 2026 | Daily |
| IWR · iShares Trust | 0.24% | 531,356 SH | Sept. 11, 2026 | Daily |
| IMCB · iShares Trust | 0.22% | 14,662 SH | Sept. 11, 2026 | Daily |
| FXR · First Trust Exchange-Traded AlphaDE… | 0.20% | 5,636 NS | July 31, 2026 | N-PORT |
| RSP · Invesco Exchange-Traded Fund Trust | 0.20% | 781,075 SH | Oct. 2, 2026 | Daily |
| BSCU · Invesco Exchange-Traded Self-Indexe… | 0.19% | 5,591,000 | Oct. 2, 2026 | Daily |
| ESUM · Strategy Shares | 0.19% | 1,264 NS | July 31, 2026 | N-PORT |
| EUSA · iShares, Inc. | 0.18% | 14,122 SH | Sept. 11, 2026 | Daily |
| XOEF · iShares Trust | 0.18% | 163 SH | Sept. 11, 2026 | Daily |
| SIZE · iShares Trust | 0.18% | 3,118 SH | Sept. 11, 2026 | Daily |
| FAD · First Trust Exchange-Traded AlphaDE… | 0.18% | 3,787 NS | July 31, 2026 | N-PORT |
| HELO · J.P. Morgan Exchange-Traded Fund Tr… | 0.17% | 29,852 NS | July 31, 2026 | N-PORT |
| DFUV · Dimensional ETF Trust | 0.17% | 99,279 NS | July 31, 2026 | N-PORT |
| HEQQ · J.P. Morgan Exchange-Traded Fund Tr… | 0.17% | 192 NS | July 31, 2026 | N-PORT |
| VIG · VANGUARD SPECIALIZED FUNDS | 0.17% | 733,060 SH | Aug. 19, 2026 | Daily |
| FQAL · FIDELITY COVINGTON TRUST | 0.16% | 8,507 NS | July 31, 2026 | N-PORT |
| DFVX · Dimensional ETF Trust | 0.14% | 2,838 NS | July 31, 2026 | N-PORT |
| USXF · iShares Trust | 0.13% | 7,740 SH | Sept. 11, 2026 | Daily |
| VOOV · VANGUARD ADMIRAL FUNDS | 0.13% | 29,885 SH | Aug. 19, 2026 | Daily |
| BSCT · Invesco Exchange-Traded Self-Indexe… | 0.12% | 3,652,000 | Sept. 30, 2026 | Daily |
| VUG · VANGUARD INDEX FUNDS | 0.12% | 1,573,732 SH | Aug. 19, 2026 | Daily |
| PFM · Invesco Exchange-Traded Fund Trust | 0.12% | 3,695 SH | Oct. 2, 2026 | Daily |
| VONV · VANGUARD SCOTTSDALE FUNDS | 0.11% | 78,249 SH | Aug. 19, 2026 | Daily |
| IVE · iShares Trust | 0.11% | 215,305 SH | Sept. 11, 2026 | Daily |
| PFIG · Invesco Exchange-Traded Fund Trust … | 0.11% | 140,000 | Oct. 2, 2026 | Daily |
| IUSV · iShares Trust | 0.10% | 113,228 SH | Sept. 11, 2026 | Daily |
| IQSU · New York Life Investments ETF Trust | 0.10% | 1,242 NS | July 31, 2026 | N-PORT |
| ILCG · iShares Trust | 0.10% | 12,270 SH | Sept. 11, 2026 | Daily |
| IWD · iShares Trust | 0.09% | 287,737 SH | Sept. 11, 2026 | Daily |
| EGLE · Global X Funds | 0.09% | 7 NS | July 31, 2026 | N-PORT |
| FEX · First Trust Exchange-Traded AlphaDE… | 0.08% | 4,776 NS | July 31, 2026 | N-PORT |
| MPLY · Strategy Shares | 0.08% | 48 NS | July 31, 2026 | N-PORT |
| CRBN · iShares Trust | 0.08% | 3,705 SH | Sept. 11, 2026 | Daily |
| PEVC · Pacer Funds Trust | 0.08% | 7 NS | July 31, 2026 | N-PORT |
| DFSU · Dimensional ETF Trust | 0.07% | 6,012 NS | July 31, 2026 | N-PORT |
| ESGV · VANGUARD WORLD FUND | 0.07% | 29,279 SH | Aug. 19, 2026 | Daily |
| QVML · Invesco Exchange-Traded Fund Trust … | 0.06% | 4,291 SH | Oct. 2, 2026 | Daily |
| XTR · Global X Funds | 0.06% | 11 NS | July 31, 2026 | N-PORT |
| USCL · iShares Trust | 0.06% | 6,909 SH | Sept. 11, 2026 | Daily |
| TOPC · iShares Trust | 0.06% | 80 SH | Sept. 11, 2026 | Daily |
| XCLR · Global X Funds | 0.06% | 8 NS | July 31, 2026 | N-PORT |
| VOO · VANGUARD INDEX FUNDS | 0.06% | 3,368,477 SH | Aug. 19, 2026 | Daily |
| VV · VANGUARD INDEX FUNDS | 0.06% | 151,540 SH | Aug. 19, 2026 | Daily |
| DFAU · Dimensional ETF Trust | 0.06% | 27,239 NS | July 31, 2026 | N-PORT |
| OMFL · Invesco Exchange-Traded Self-Indexe… | 0.06% | 11,175 SH | Oct. 2, 2026 | Daily |
| XYLD · Global X Funds | 0.06% | 6,878 NS | July 31, 2026 | N-PORT |
| BKLC · BNY Mellon ETF Trust | 0.06% | 11,318 NS | July 31, 2026 | N-PORT |
| VOXP · Advisors Series Trust | 0.06% | 12 NS | July 31, 2026 | N-PORT |
| PTLC · Pacer Funds Trust | 0.06% | 6,713 NS | July 31, 2026 | N-PORT |
| XVV · iShares Trust | 0.06% | 1,481 SH | Sept. 11, 2026 | Daily |
| XYLG · Global X Funds | 0.05% | 131 NS | July 31, 2026 | N-PORT |
| CATH · Global X Funds | 0.05% | 2,657 NS | July 31, 2026 | N-PORT |
| XRMI · Global X Funds | 0.05% | 100 NS | July 31, 2026 | N-PORT |
| CHRI · Global X Funds | 0.05% | 16 NS | July 31, 2026 | N-PORT |
| DGRO · iShares Trust | 0.05% | 90,329 SH | Sept. 11, 2026 | Daily |
| BBUS · J.P. Morgan Exchange-Traded Fund Tr… | 0.05% | 17,269 NS | July 31, 2026 | N-PORT |
| VOTE · TCW ETF Trust | 0.05% | 2,119 NS | July 31, 2026 | N-PORT |
| DFUS · Dimensional ETF Trust | 0.05% | 40,282 NS | July 31, 2026 | N-PORT |
| IUS · Invesco Exchange-Traded Self-Indexe… | 0.05% | 2,033 SH | Oct. 2, 2026 | Daily |
| DFAC · Dimensional ETF Trust | 0.05% | 90,338 NS | July 31, 2026 | N-PORT |
| VTI · VANGUARD INDEX FUNDS | 0.05% | 4,119,529 SH | Aug. 19, 2026 | Daily |
| VONE · VANGUARD SCOTTSDALE FUNDS | 0.05% | 21,329 SH | Aug. 19, 2026 | Daily |
| VTHR · VANGUARD SCOTTSDALE FUNDS | 0.05% | 10,908 SH | Aug. 19, 2026 | Daily |
| TOV · EA Series Trust | 0.05% | 478 NS | July 31, 2026 | N-PORT |
| SPUU · Direxion Shares ETF Trust | 0.05% | 489 NS | July 31, 2026 | N-PORT |
| IVV · iShares Trust | 0.05% | 1,635,759 SH | Sept. 11, 2026 | Daily |
| QDPL · Pacer Funds Trust | 0.05% | 3,110 NS | July 31, 2026 | N-PORT |
| ESG · FlexShares Trust | 0.05% | 240 NS | July 31, 2026 | N-PORT |
| PBP · Invesco Exchange-Traded Fund Trust | 0.05% | 770 SH | Oct. 2, 2026 | Daily |
| PBUS · Invesco Exchange-Traded Fund Trust … | 0.05% | 22,462 SH | Oct. 2, 2026 | Daily |
| ILCB · iShares Trust | 0.05% | 2,427 SH | Sept. 11, 2026 | Daily |
| IWB · iShares Trust | 0.05% | 89,484 SH | Sept. 11, 2026 | Daily |
| IYY · iShares Trust | 0.05% | 5,538 SH | Sept. 11, 2026 | Daily |
| IWV · iShares Trust | 0.04% | 35,611 SH | Sept. 11, 2026 | Daily |
| ITOT · iShares Trust | 0.04% | 168,963 SH | Sept. 11, 2026 | Daily |
| HCMT · Direxion Shares ETF Trust | 0.04% | 900 NS | July 31, 2026 | N-PORT |
| EQAL · Invesco Exchange-Traded Fund Trust … | 0.04% | 1,403 SH | Oct. 2, 2026 | Daily |
| DCOR · Dimensional ETF Trust | 0.04% | 5,290 NS | July 31, 2026 | N-PORT |
| PHDG · Invesco Actively Managed Exchange-T… | 0.04% | 103 SH | Oct. 2, 2026 | Daily |
| RWL · Invesco Exchange-Traded Fund Trust … | 0.04% | 16,171 SH | Oct. 2, 2026 | Daily |
| SPXL · Direxion Shares ETF Trust | 0.04% | 10,140 NS | July 31, 2026 | N-PORT |
| TOK · iShares Trust | 0.04% | 362 SH | Sept. 11, 2026 | Daily |
| PRF · Invesco Exchange-Traded Fund Trust | 0.04% | 14,632 SH | Oct. 2, 2026 | Daily |
| TILT · FlexShares Trust | 0.04% | 2,916 NS | July 31, 2026 | N-PORT |
| URTH · iShares, Inc. | 0.04% | 11,581 SH | Sept. 11, 2026 | Daily |
| DXUV · Dimensional ETF Trust | 0.03% | 654 NS | July 31, 2026 | N-PORT |
| ACWI · iShares Trust | 0.03% | 41,689 SH | Sept. 11, 2026 | Daily |
| VT · VANGUARD INTERNATIONAL EQUITY INDEX… | 0.03% | 110,821 SH | Aug. 19, 2026 | Daily |
| ACVF · ETF Opportunities Trust | 0.02% | 114 NS | July 31, 2026 | N-PORT |
| BLV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BSV · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| BND · VANGUARD BOND INDEX FUNDS | · | · | July 15, 2026 | Daily |
| VCSH · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VCLT · VANGUARD SCOTTSDALE FUNDS | · | · | July 15, 2026 | Daily |
| VTC · VANGUARD SCOTTSDALE FUNDS | · | · | July 30, 2026 | Daily |
| BNDW · VANGUARD SCOTTSDALE FUNDS | · | · | July 14, 2026 | Daily |
| IFRA · iShares Trust | · | 205,756 SH | Sept. 11, 2026 | Daily |
| VCEB · VANGUARD WORLD FUND | · | · | July 30, 2026 | Daily |
VMC Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside
12-Month Price Target
23 analysts · 2026-10-03Mean target $319.61 +31.5%
Peer comparison (GICS sub-industry) Key metrics vs sector peers
FY basis, prices as of each company's last fiscal year-end close.
| Ticker | Market Cap | P/E | Rev YoY | Net Margin | ROE | Gross Margin |
|---|---|---|---|---|---|---|
| VMC | $37.25B | 35.2 | 7.1% | 13.6% | 12.9% | 27.4% |
| MLM | $37.55B | 33.2 | 8.6% | 18.5% | 11.7% | 30.7% |
| AMRZ | $29.91B | 25.3 | 0.95% | 10.0% | 10.2% | 25.7% |
| EXP | $5.92B | 14.4 | 2.1% | 18.4% | 28.1% | 28.3% |
| USLM | · | 25.6 | 17.3% | 36.0% | 22.5% | 48.9% |
| KNF | $3.99B | 25.5 | 8.5% | 5.0% | 10.1% | 18.4% |
| KNF | $3.99B | 25.5 | 8.5% | 5.0% | 10.1% | 18.4% |
| RMIX | · | · | · | · | · | · |
| SMID | $193M | 15.4 | 19.0% | 13.4% | 24.1% | 27.9% |
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Trading Signals Recent buy/sell signals with entry price and risk/reward ratio
No open signal right now — no card is filled, and that's honest.
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