Vulcan Materials Company (VMC) Q2 FY26 earnings call

Vulcan Materials demonstrated resilience in Q2 FY26, leveraging its aggregates-led business and strategic disciplines to deliver strong adjusted EBITDA and expanded cash gross profit per ton, despite substantial energy headwinds. The company maintained a disciplined capital allocation strategy, focusing on strategic acquisitions and shareholder returns, while navigating a mixed demand environment with strong public infrastructure and large private project opportunities offsetting residential weakness. The outcome of the Mexico arbitration was disappointing, but management remains focused on op