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Vulcan Materials Company NEWS RELEASE Vulcan Reports Third Quarter 2021 Results 11/4/2021 Strong Execution in Aggregates Unit Profitability Pricing Gains Across All Product Lines Support Increased Full Year Earnings Outlook BIRMINGHAM , Ala . , Nov. 4 , 2021 / PRNewswire / -- Vulcan Materials Company ( NYSE : VMC ) , the nation's largest producer of construction aggregates , today announced results for the quarter ended September 30 , 2021 . Third Quarter Financial and Operating Highlights : • The Company successfully closed the U.S. Concrete ( " USCR " ) acquisition on August 26 , 2021 • Unless noted otherwise , consolidated figures include USCR's results since closing • Total Revenues were $ 1.52 billion , an increase of 16 percent compared to the prior year • Operating earnings were $ 262 million compared with $ 288 million in the prior year • Include $ 28 million in acquisition - related expenses and $ 6 million in other discrete charges • Include $ 30 million of higher same - store diesel fuel and liquid asphalt costs as compared to the prior year • Aggregates gross profit increased $ 34 million , or 10 percent , to $ 372 million • Same - store volumes increased 5 percent , and mix - adjusted price increased 3.5 percent • Non - aggregates gross profit was $ 22 million compared with $ 43 million in the prior year Earnings attributable to Vulcan from continuing operations were $ 177 million , or $ 1.33 per diluted share . Excluding discrete charges adjusted out of EBITDA , earnings attributable to Vulcan from continuing operations were $ 1.54 per diluted share • Third quarter Adjusted EBITDA increased 4 percent to $ 418 million • Full year Adjusted EBITDA guidance increased to between $ 1.430 and $ 1.460 billion Tom Hill , Chairman and Chief Executive Officer , said , " Our aggregates - focused business is built for times like these . We expanded our industry - leading trailing - twelve month unit profitability for the thirteenth consecutive quarter despite a challenging operating environment caused by inflationary pressures and labor constraints . This consistent growth in the underlying business is driven by our execution on Vulcan's four strategic disciplines and is further enhanced by strategic growth through acquisitions and greenfield investments . Since completing the USCR acquisition in late August , our teams are making good progress integrating the businesses across the expanded footprint and are identifying additional opportunities to accelerate our growth and create value for shareholders . " Mr. Hill continued , " Throughout a difficult eighteen months of pandemic disruptions and economic challenges , our people strengthened their operating disciplines and moved pricing higher . Now that trailing - twelve month aggregates volumes are back to pre - pandemic levels , these solid fundamentals , coupled with our leading positions in attractive geographies , position us well to capitalize on positive demand trends going forward and will allow us to deliver both revenue and earnings growth . " Highlights as of September 30 , 2021 include : Amounts in millions , except per unit data Total revenues Third Quarter 2021 2020 $ 1,516.5 $ 1,309.9 Year - to - Date 2021 2020 $ 3,945.9 $ 3,681.7 Trailing - Twelve Months 2021 $ 5,121.0 2020 $ 4,867.9 1