Vulcan Materials Files 2023 10-K, Details Operations
Ticker: VMC · Form: 10-K · Filed: 2024-02-22T00:00:00.000Z
Sentiment: neutral
Topics: earnings, 10-K, mining, materials
TL;DR
**Vulcan Materials just dropped its 2023 10-K, giving us the full financial picture for the year ending December 31st!**
AI Summary
Vulcan Materials CO (VMC) filed its 10-K on February 22, 2024, for the fiscal year ended December 31, 2023. The company, a mining and quarrying operation based in Birmingham, AL, reported its financial status and operations. The filing details its business address as 1200 Urban Center Drive, Birmingham, AL 35242, and lists its former name as Virginia Holdco, Inc. until April 9, 2007.
Why It Matters
This filing provides transparency into the financial health and operational performance of a major nonmetallic minerals company, impacting investors and the construction industry.
Risk Assessment
Risk Level: medium — As a mining and quarrying company, Vulcan Materials faces inherent risks related to commodity prices, environmental regulations, and operational challenges.
Key Numbers
- 20231231 — Conformed Period of Report (End date of the fiscal year covered by the 10-K)
- 20240222 — Filed As Of Date (Date the 10-K was officially filed with the SEC)
- 192 — Public Document Count (Number of public documents associated with this filing)
- 001-33841 — SEC File Number (Unique identifier for the company's SEC filings)
- 1400 — Standard Industrial Classification (Code for Mining, Quarrying of Nonmetallic Minerals (No Fuels))
Key Players & Entities
- Vulcan Materials CO (company) — Filer of the 10-K
- Virginia Holdco, Inc. (company) — Former name of Vulcan Materials CO
- December 31, 2023 (date) — Conformed period of report end date
- February 22, 2024 (date) — Filed as of date
- 001-33841 (dollar_amount) — SEC File Number
FAQ
What is the primary business of Vulcan Materials CO?
Vulcan Materials CO's primary business, as indicated by its Standard Industrial Classification (SIC) code 1400, is "MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS)."
When was the 10-K for Vulcan Materials CO filed?
The 10-K for Vulcan Materials CO was filed on February 22, 2024, as indicated by the 'FILED AS OF DATE'.
What was the former name of Vulcan Materials CO and when did the name change occur?
The former name of Vulcan Materials CO was Virginia Holdco, Inc., and the name change occurred on April 9, 2007, according to the 'DATE OF NAME CHANGE' field.
What is the fiscal year end for Vulcan Materials CO?
Vulcan Materials CO's fiscal year ends on December 31, as stated in the 'FISCAL YEAR END' field.
Where is Vulcan Materials CO's business address located?
Vulcan Materials CO's business address is 1200 Urban Center Drive, Birmingham, AL 35242, as detailed in the 'BUSINESS ADDRESS' section.
From the Filing
0001396009-24-000006.txt : 20240222 0001396009-24-000006.hdr.sgml : 20240222 20240222143622 ACCESSION NUMBER: 0001396009-24-000006 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 192 CONFORMED PERIOD OF REPORT: 20231231 FILED AS OF DATE: 20240222 DATE AS OF CHANGE: 20240222 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Vulcan Materials CO CENTRAL INDEX KEY: 0001396009 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 208579133 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33841 FILM NUMBER: 24664223 BUSINESS ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 BUSINESS PHONE: (205) 298-3000 MAIL ADDRESS: STREET 1: 1200 URBAN CENTER DRIVE CITY: BIRMINGHAM STATE: AL ZIP: 35242 FORMER COMPANY: FORMER CONFORMED NAME: Virginia Holdco, Inc. DATE OF NAME CHANGE: 20070409 10-K 1 vmc-20231231x10k.htm 10-K vmc-20231231x10k false FY 2023 0001396009 http://fasb.org/us-gaap/2023#OtherNonoperatingIncomeExpense 2026-03-01 http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2023#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2023#OperatingLeaseLiabilityNoncurrent http://fasb.org/us-gaap/2023#OperatingLeaseRightOfUseAsset http://fasb.org/us-gaap/2023#OperatingLeaseRightOfUseAsset P3Y P3Y 0001396009 srt:MinimumMember us-gaap:PerformanceSharesMember 2023-01-01 2023-12-31 0001396009 srt:MaximumMember us-gaap:PerformanceSharesMember 2023-01-01 2023-12-31 0001396009 2012-01-01 2013-12-31 0001396009 srt:MinimumMember vmc:AggregatesMember 2023-01-01 2023-12-31 0001396009 srt:MaximumMember vmc:AggregatesMember 2023-01-01 2023-12-31 0001396009 stpr:AL us-gaap:StateAndLocalJurisdictionMember us-gaap:LatestTaxYearMember 2023-01-01 2023-12-31 0001396009 stpr:AL us-gaap:StateAndLocalJurisdictionMember us-gaap:EarliestTaxYearMember 2023-01-01 2023-12-31 0001396009 vmc:AsphaltMember vmc:AsphaltConstructionPavingMember 2023-01-01 2023-12-31 0001396009 vmc:LadwpMember 2023-01-01 2023-12-31 0001396009 vmc:CooperatingPartiesGroupMember 2007-05-01 2007-05-31 0001396009 vmc:CooperatingPartiesGroupMember 2016-03-01 2016-03-31 0001396009 vmc:HewittLandfillMatterMember 2023-04-01 2023-06-30 0001396009 vmc:HewittLandfillMatterMember 2017-09-01 2017-09-30 0001396009 vmc:U.s.ConcreteInc.Member 2023-01-01 2023-12-31 0001396009 vmc:NewYorkWaterDistrictCasesMember 2023-01-01 2023-12-31 0001396009 vmc:NewJerseyNaturalResourcesDamagesCaseMember 2023-01-01 2023-12-31 0001396009 vmc:CasesAllegedlyInvolving111TrichloroethaneMember 2023-01-01 2023-12-31 0001396009 srt:MinimumMember vmc:SalesYardMember 2023-01-01 2023-12-31 0001396009 srt:MinimumMember vmc:RailMember 2023-01-01 2023-12-31 0001396009 srt:MinimumMember vmc:OfficePlantAndMobileEquipmentMember 2023-01-01 2023-12-31 0001396009 srt:MinimumMember vmc:ConcreteAndAsphaltSiteMember 2023-01-01 2023-12-31 0001396009 srt:MinimumMember vmc:BargeMember 2023-01-01 2023-12-31 0001396009 srt:MinimumMember us-gaap:BuildingMember 2023-01-01 2023-12-31 0001396009 srt:MaximumMember vmc:SalesYardMember 2023-01-01 2023-12-31 0001396009 srt:MaximumMember vmc:RailMember 2023-01-01 2023-12-31 0001396009 srt:MaximumMember vmc:OfficePlantAndMobileEquipmentMember 2023-01-01 2023-12-31 0001396009 srt:MaximumMember vmc:ConcreteAndAsphaltSiteMember 2023-01-01