Building Materials & Products

credit / rates affecting interest expense

“Reconciliation of this metric to its nearest GAAP measure is presented below: in millions 2026 Projected Mid-point Net earnings attributable to Vulcan $ 1,210 Income tax expense, including discontinued operations 350 Interest expense, net 225 Depreciation, depletion, accretion and amortization 700 Projected EBITDA $ 2,485 Items included in Adjusted EBITDA 15 Projected Adjusted EBITDA $ 2,500 Because GAAP financial measures on a forward-looking basis are not accessible, and reconciling information is not available without unreasonable effort, we have not provided reconciliations for forward-looking non-GAAP measures, other than the reconciliation of Projected Adjusted EBITDA as noted above.”

VMC 10-Q

demand / volume affecting revenue

“Consolidated net sales for the first six months of 2026 increased 9.2% over the prior-year period due to higher volumes of $47 million and favorable AUV of $27 million.”

AWI 10-Q

credit / rates

“The favorable change in cash used for financing activities was primarily due to increased net borrowings due to the Eventscape acquisition, partially offset by an increase in repurchases of our outstanding common stock and an increase in payments of tax withholdings for share-based compensation plans.”

AWI 10-Q