Concrete Financial Insights Building Materials Focus Financial Expertise
Ready Mixed Concrete Volume & Price Trends
Industry volume trends
Concrete production and delivery is a $67 billion revenue industry in the United States based on the average 2025 selling price from the Concrete Financial Insights Index.
The industry's slow steady recovery from the downturn which occurred after the 2008 general economic crisis ended in 2023 as volumes fell for the first time since 2009. Volumes fell again in 2025 reflecting the continued impact of higher interest rates on residential construction.
Between 2005 and 2025, ready mixed concrete shipments fell at a cumulative average growth rate of 1.0% per year but there were lots of ups and downs along the way.
Concrete volumes of 373 million cubic yards in 2025 were 1.7% lower than the volumes delivered in the prior year.
The weighted average of the full year selling prices reported by the companies within the Concrete Financial Insights Index grew from $113.08 in 2016 to $179.95 in 2025 for a cumulative average growth rate of 5.3% over this period.
Insights
Lower residential construction activity limited concrete production volumes in some sections of the U.S. in 2025.
The estimated full year volumes for 2025 remained well below the previous peak for ready mix concrete volumes in 2005. Shipments of 373 million cubic yards of ready mixed concrete in 2025 were 86 million cubic yards, or 19%, below that peak year.
Concrete Prices - Concrete Financial Insights Index
Ready mixed concrete price evolution
The weighted average of the full year selling prices reported by the companies in the Concrete Financial Insights Index grew from $113.08 in 2016 to $179.95 in 2025 for a cumulative average growth rate of 5.3% over this period.
What is the average price per cubic yard for ready mix concrete in the United States? That’s not as simple a question to answer, based on publicly available information, as it might seem. There is no government statistical reporting of ready-mix concrete prices equivalent to the US Geological Survey reports on cement, crushed stone, and sand & gravel pricing. Additionally, many of the publicly traded participants within the US ready mixed concrete industry do not separately report concrete segment volumes and revenues. Four industry participants who lead the industry in financial reporting transparency by reporting US concrete volumes and pricing are Eagle Materials, Knife River, Titan America and Vulcan Materials.
The composition of the Concrete Financial Insight Index of publicly traded producers that report ready mix volumes and pricing has changed several times since we started this concrete price index in 2016. Recent changes include the the loss of Summit Materials which was acquired by a private company in 2024 and the addition of Titan America in 2025 as this business began trading as a public company. The Titan America statements issued in 2025 contained comparative information for 2024 and we have updated the 2024 Concrete Financial Index information to include this data.
The National Ready Mixed Concrete Association estimates that the US concrete industry shipped 373 million cubic yards of ready mixed concrete during 2025 and the four companies included in the Concrete Financial Insights Index of weighted average ready mixed concrete pricing represent only 4% of that volume. It’s likely that this group’s weighted average pricing is somewhat higher than that of the overall US industry because these four firms have the technical capabilities and plant locations to service large commercial and infrastructure projects requiring higher strength mixes with more costly blends of raw materials.
Insights
The $179.95 price in 2025 was a 4% increase over the price the prior year. This increase was well below the 8% increase in 2024, and 13% increases in both 2023 and 2022.
Concrete selling price increases had not kept pace with the inflation in cost inputs such as diesel fuel, cement, aggregates, and labor for many years. The recent increases in average selling prices should be viewed as making up lost ground for an industry in which over one quarter of the volume was sold at a loss as recently as 2022.
Not all integrated construction materials producers provide segment reporting detail for their concrete operations. We believe that transparent segment reporting of the concrete operations by all integrated participants within the U.S. construction materials industry would be extremely beneficial for investors and other stakeholders. Publishing this information would allow analysts and investors to compare and contrast the operating results of the publicly traded firms within the ready mixed concrete segment of construction materials more accurately.