v3.26.1
REVENUES (Tables)
 3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues by Geographic Market
Our segment total revenues by geographic market for the three month periods ended March 31, 2026 and 2025 are disaggregated as follows:
Three Months Ended March 31, 2026
in millionsAggregatesAsphaltConcreteTotal
East revenues$378.4 $25.8 $65.6 $469.8 
Gulf Coast revenues834.1 41.7 2.1 877.9 
West revenues238.0 148.3 119.8 506.1 
Segment sales$1,450.5 $215.8 $187.5 $1,853.8 
Intersegment sales(97.9)0.0 0.0 (97.9)
Total revenues 1
$1,352.6 $215.8 $187.5 $1,755.9 
 Three Months Ended March 31, 2025
in millionsAggregatesAsphaltConcreteTotal
East revenues$395.9 $24.3 $70.3 $490.5 
Gulf Coast revenues738.6 52.4 1.6 792.6 
West revenues201.4 132.0 105.1 438.5 
Segment sales$1,335.9 $208.7 $177.0 $1,721.6 
Intersegment sales(87.0)0.0 0.0 (87.0)
Total revenues 1
$1,248.9 $208.7 $177.0 $1,634.6 
The geographic markets are defined by states/countries as follows:
East market — Arkansas, Delaware, Illinois, Kentucky, Maryland, New Jersey, New York, North Carolina, Pennsylvania, Tennessee, Virginia and Washington D.C.
Gulf Coast market — Alabama, Florida, Georgia, Louisiana, Mississippi, Oklahoma, South Carolina, Texas, U.S. Virgin Islands, Freeport (Bahamas), Puerto Cortés (Honduras) and Quintana Roo (Mexico)
West market — Arizona, California, Hawaii, New Mexico and British Columbia (Canada)
Total revenues are primarily derived from our product sales of aggregates (crushed stone, sand and gravel, sand and other aggregates), asphalt mix and ready-mixed concrete, and include freight & delivery costs that we pass along to our customers to deliver these products. We also generate service revenues from our asphalt construction paving business and service revenues related to our aggregates business, such as landfill tipping fees. Our total service revenues were $43.7 million (2.5% of total revenues) and $44.8 million (2.7% of total revenues) for the three months ended March 31, 2026 and 2025, respectively.
Schedule of Freight & Delivery Revenues
Freight & delivery revenues are as follows:
Three Months Ended
March 31
in millions20262025
Total revenues$1,755.9 $1,634.6 
Freight & delivery revenues 1
(238.7)(219.8)
Total revenues excluding freight & delivery$1,517.2 $1,414.8 
1.Includes freight & delivery to remote distribution sites.
Schedule of Reconciliation of Deferred Revenue Balances
Changes in our deferred revenue balances (current and noncurrent) are as follows:
 Three Months Ended
March 31
in millions20262025
Deferred revenue balance at beginning of period$138.1 $145.3 
Revenue recognized from deferred revenue(1.6)(1.6)
Deferred revenue balance at end of period$136.5 $143.7