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Revenues and Gross Profit (Tables)
9 Months Ended
Sep. 30, 2025
Revenues And Gross Profit [Abstract]  
Total Revenues and Gross Profit (Loss) by Product Line

The following tables, which are reconciled to consolidated amounts and reflect continuing operations only, provide revenues and gross profit (loss) by line of business: Building Materials (further divided by product line) and Specialties. Effective September 30, 2025, the Company combined the cement and ready mixed concrete and the asphalt and paving services product lines (hereinafter, other building materials). The change was driven by the reduced significance of each of these product lines relative to consolidated revenues from continuing operations and consolidated income from continuing operating results as a result of the pending divestiture of the Company's Midlothian cement plant, related cement terminals and Texas ready mixed concrete plants (see Note 2) and associated reclassification of these revenues and income to discontinued operations for all periods presented. Interproduct revenues represent sales from the aggregates product line to the other building materials product line.

 

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

 

September 30,

 

 

September 30,

 

 

 

2025

 

 

2024

 

 

2025

 

 

2024

 

 

 

(Dollars in Millions)

 

Revenues:

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

1,458

 

 

$

1,250

 

 

$

3,780

 

 

$

3,377

 

Other Building Materials

 

 

351

 

 

 

392

 

 

 

744

 

 

 

814

 

Less: interproduct revenues

 

 

(94

)

 

 

(82

)

 

 

(216

)

 

 

(184

)

Total Building Materials business

 

 

1,715

 

 

 

1,560

 

 

 

4,308

 

 

 

4,007

 

Specialties

 

 

131

 

 

 

82

 

 

 

309

 

 

 

243

 

Total

 

$

1,846

 

 

$

1,642

 

 

$

4,617

 

 

$

4,250

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross profit (loss):

 

 

 

 

 

 

 

 

 

 

 

 

Building Materials business:

 

 

 

 

 

 

 

 

 

 

 

 

Aggregates

 

$

531

 

 

$

438

 

 

$

1,257

 

 

$

1,069

 

Other Building Materials

 

 

54

 

 

 

64

 

 

 

75

 

 

 

92

 

Total Building Materials business

 

 

585

 

 

 

502

 

 

 

1,332

 

 

 

1,161

 

Specialties

 

 

34

 

 

 

29

 

 

 

108

 

 

 

84

 

Corporate

 

 

(8

)

 

 

(18

)

 

 

(18

)

 

 

(34

)

Total

 

$

611

 

 

$

513

 

 

$

1,422

 

 

$

1,211