The industry’s public producers reported their fourth-quarter and full-year 2025 financial results as P&Q went to press this month. Here’s a performance rundown of eight construction materials companies – from Vulcan Materials Co. to United States Lime & Minerals (USLM).
Vulcan Materials
Aggregate shipments and pricing were up in the fourth quarter at Vulcan Materials Co., although gross profit per ton dipped 12.3 percent to $7.91.
Fourth-quarter aggregate shipments increased 2 percent to 55.1 million tons, while freight-adjusted sales price per ton was up 1.7 percent to $21.78.
Across full-year 2025, Vulcan Materials’ aggregate shipments were up 3.1 percent to 226.8 million tons. The company’s freight-adjusted sales price per ton of aggregates increased 4.2 percent to $21.98 last year. Gross profit per ton of aggregates, meanwhile, was up 4.8 percent in 2025 to $8.66.
“Our aggregates-led business delivered another year of strong earnings growth and margin expansion,” says Ronnie Pruitt, CEO of Vulcan Materials.
Martin Marietta
Martin Marietta, meanwhile, set a pair of fourth-quarter records in its building materials business.
The company says the $1.4 billion in revenue it achieved, alongside $443 million in gross profit, were new fourth-quarter highs.
In aggregates, fourth-quarter shipments increased 2 percent to 48.9 million tons. Martin Marietta’s average selling price in aggregates increased 5.3 percent to $23.11 per ton.
Martin Marietta’s gross profit tied to aggregates increased 11 percent to a fourth-quarter record of $420 million, with strong pricing and increased shipments more than offsetting higher costs. Also, gross profit per ton in aggregates was up 9 percent to $8.59, while gross margin in aggregates expanded 93 basis points to 34 percent.
Across all of 2025, Martin Marietta reports that revenue increased (up 9 percent) along with gross profit (up 16 percent) and adjusted EBITDA from continuing operations (up 17 percent).
CRH
Total revenues were up 9 percent in the CRH Americas Materials Solutions business in the fourth quarter, boosted by good underlying activity levels, positive pricing momentum and contributions from acquisitions.
Adjusted EBITDA in the business segment also increased 9 percent, reflecting disciplined cost management, positive underlying demand and contributions from acquisitions, CRH says.
Across 2025, total revenues in the CRH Americas Materials Solutions business were up 5 percent. Acquisitions, pricing progress and improved volumes in the second half of the year drove the increase. Adjusted EBITDA increased at CRH Americas Materials Solutions by 7 percent last year, as well.
