U.S. Concrete's focus on concrete will limit long-term margin expansion.
U.S. Concrete’s revenue rose more than 14% to $1.3 billion in 2017, and adjusted EBITDA rose more than 20% to $192 million. Strong demand from construction end markets and acquisitions fueled the company’s impressive earnings growth during the year. With the larger acquisition of Polaris Materials having just closed in November, acquisitions should contribute meaningful earnings growth in 2018 as well.U.S. Concrete does not provide guidance. However, we’ve raised our price forecast, mostly due ...
U.S. Concrete is a holding company. Through its subsidiaries, the company is engaged as a producer of ready-mixed and as a supplier of aggregates. The company's products comprised of: ready-mixed concrete, which products consist of proportioned mixes it produces and delivers in an unhardened plastic state for placement and shaping into designed forms at the job site; aggregates products, which sells these aggregates for use in commercial, industrial and public works projects in the markets they serve; and other, which includes the company's building materials stores, hauling operations, aggregates distribution terminals, a recycled aggregates operation and concrete blocks.
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