VMC — what changed in the latest 10-Q
A section-by-section comparison of VMC's newest periodic SEC filing (10-K/10-Q) against the prior same-form filing: paragraphs added and removed per section, with verbatim excerpts. Purely a deterministic text diff — no similarity scores, no directional read, not investment advice.
Comparing 10-Q · 2026-07-29 vs the prior 10-Q · 2026-04-29
| Section | Outcome | Added | Removed | Minor | Unchanged |
|---|---|---|---|---|---|
| MD&A | Text added/removed | +73 | −43 | ~44 | 87 |
| Market risk (Item 3) | Text added/removed | +2 | −2 | ~10 | 14 |
| Controls & procedures | Text added/removed | +2 | −2 | ~9 | 11 |
| Legal proceedings | Text added/removed | 0 | 0 | ~8 | 10 |
| Risk factors | No material changes reported (points to the 10-K) | — | — | — | — |
| Other information | Text added/removed | 0 | 0 | ~3 | 7 |
Counts are paragraphs; added/removed means text added or removed vs the prior filing — no direction or judgement implied.
Representative excerpts
Up to 5 excerpts of about 300 characters per section, quoted verbatim from the two SEC filings.
MD&A
Text added vs the prior filing · source: 10-Q · 2026-07-29
•Gross profit increased $0.3 million, or less than 1%, to $625.5 million
•Aggregates segment freight-adjusted revenues increased $66.3 million, or 5%, to $1,376.4 million
•Shipments increased 1%, or 0.6 million tons, to 59.9 million tons
•Freight-adjusted sales price increased 3.9%, or $0.86 per ton, to $22.97
•Aggregates segment gross profit increased $7.8 million, or 1%, to $567.3 million
Text removed vs the prior filing · source: 10-Q · 2026-04-29
•Aggregates segment sales increased $114.6 million, or 9%, to $1,450.5 million
•Shipments increased 5%, or 2.2 million tons, to 50.0 million tons
•Freight-adjusted sales price increased 3.5%, or $0.77 per ton, to $22.80
•Aggregates segment gross profit increased $43.0 million, or 12%, to $400.3 million
•Unit profitability (as measured by gross profit per ton) increased 7% to $8.01 per ton
Market risk (Item 3)
Text added vs the prior filing · source: 10-Q · 2026-07-29
We are also executing a comprehensive modernization of our core business systems and processes, which will include the implementation of a cloud-based Enterprise Resource Planning (ERP) software suite that will replace significant portions of our financial and human resources systems. We have modifi…
Other than the system implementations described above, there were no changes in the Company’s internal control over financial reporting during the second quarter of 2026 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial report…
Text removed vs the prior filing · source: 10-Q · 2026-04-29
In the first quarter of 2026, we also implemented a rail freight invoice, expense tracking and accrual system.
No other changes were made during the first quarter of 2026 to our internal controls over financial reporting, nor have there been other factors that materially affect these controls.
Controls & procedures
Text added vs the prior filing · source: 10-Q · 2026-07-29
We are also executing a comprehensive modernization of our core business systems and processes, which will include the implementation of a cloud-based Enterprise Resource Planning (ERP) software suite that will replace significant portions of our financial and human resources systems. We have modifi…
Other than the system implementations described above, there were no changes in the Company’s internal control over financial reporting during the second quarter of 2026 that have materially affected, or are reasonably likely to materially affect, the Company’s internal control over financial report…
Text removed vs the prior filing · source: 10-Q · 2026-04-29
In the first quarter of 2026, we also implemented a rail freight invoice, expense tracking and accrual system.
No other changes were made during the first quarter of 2026 to our internal controls over financial reporting, nor have there been other factors that materially affect these controls.
How to read Risk Factors (Item 1A) in a 10-Q
A 10-Q risk-factor section usually takes one of three forms; this page classifies it as one of:
- Pointer — the filer states there have been no material changes and points back to the annual 10-K risk factors; there is no own risk text to compare this quarter.
- Partial update — the filer carves out specific updated risks ("except as set forth below"); the excerpts show exactly what is new this quarter.
- Restated in full — the quarter carries the complete risk-factor text. When the prior quarter was only a pointer there is no prior full text to diff against, so the page flags the section as restated instead.
This describes the filing structure only — it is never a judgement on whether risk went up or down.
Source: text-level diff of the two SEC EDGAR filings · deterministic (no AI-generated content) · for reference only · not investment advice