Martin Marietta Materials (MLM) Financials

$563.90 -4.29 (-0.76%)

As of 05/20/2025 03:58 PM Eastern

Annual Income Statements for Martin Marietta Materials

This table shows Martin Marietta Materials' income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	1,995	1,169	867	703	721	612	470	713	425	289
Consolidated Net Income / (Loss)	1,996	1,170	867	703	721	612	470	713	425	289
Net Income / (Loss) Continuing Operations	1,996	1,200	856	702	721	612	470	713	425	289
Total Pre-Tax Income	2,596	1,493	1,091	856	889	748	576	619	607	414
Total Operating Income	2,707	1,596	1,207	974	1,005	885	691	700	677	494
Total Gross Profit	1,878	2,023	1,423	1,348	1,253	1,179	967	972	912	727
Total Revenue	6,536	6,777	6,161	5,414	4,730	4,739	4,244	3,966	3,819	3,540
Operating Revenue	6,536	6,777	6,161	5,414	4,730	4,739	4,244	3,966	3,819	3,540
Total Cost of Revenue	4,658	4,754	4,738	4,066	3,477	3,560	3,278	2,994	2,907	2,813
Operating Cost of Revenue	4,658	4,754	4,738	4,066	3,477	3,560	3,278	2,994	2,907	2,813
Total Operating Expenses	-829	427	216	375	247	294	276	272	234	233
Selling, General & Admin Expense	447	443	397	351	306	303	281	262	242	211
Other Operating Expenses / (Income)	-1,326	-28	-190	-34	-60	-9.10	-18	0.80	-8.04	16
Restructuring Charge	50	12	9.00	58	1.30	0.50	14	8.60	0.91	6.35
Total Other Income / (Expense), net	-111	-103	-116	-118	-116	-137	-115	-82	-70	-80
Interest Expense	169	165	169	143	118	129	137	92	82	76
Other Income / (Expense), net	58	62	53	24	2.00	-7.30	23	10	11	-4.08
Income Tax Expense	600	293	235	153	168	136	106	-95	182	125
Net Income / (Loss) Discontinued Operations	0.00	-30	11	0.50	0.00	0.00	-	-	-	-
Net Income / (Loss) Attributable to Noncontrolling Interest	1.00	1.00	0.00	0.30	0.10	0.10	0.40	0.10	0.06	0.15
Basic Earnings per Share	$32.50	$18.88	$13.91	$11.26	$11.56	$9.77	$7.46	$11.30	$6.66	$4.31
Weighted Average Basic Shares Outstanding	61.40M	61.90M	62.30M	62.40M	62.30M	62.50M	62.90M	62.90M	63.61M	66.77M
Diluted Earnings per Share	$32.41	$18.82	$13.87	$11.22	$11.54	$9.74	$7.43	$11.25	$6.63	$4.29
Weighted Average Diluted Shares Outstanding	61.60M	62.10M	62.50M	62.60M	62.40M	62.70M	63.10M	63.20M	63.86M	67.02M
Weighted Average Basic & Diluted Shares Outstanding	60.97M	61.82M	62.10M	62.39M	62.29M	62.20M	63M	63.10M	63.90M	67M
Cash Dividends to Common per Share	$3.06	$2.80	$2.54	$2.36	$2.24	$2.06	$1.84	$1.72	$1.72	$1.60

This table shows Martin Marietta Materials' income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Income / (Loss) Attributable to Common Shareholders	116	293	363	294	1,045	283	417	348	121	184	295
Consolidated Net Income / (Loss)	116	293	363	294	1,046	282	417	349	122	184	295
Net Income / (Loss) Continuing Operations	116	293	363	294	1,046	287	430	348	135	187	291
Total Pre-Tax Income	148	352	458	372	1,414	342	540	440	171	233	370
Total Operating Income	194	399	489	398	1,421	370	567	463	196	263	406
Total Gross Profit	335	490	599	517	272	484	676	560	303	354	488
Total Revenue	1,353	1,632	1,889	1,764	1,251	1,608	1,994	1,821	1,354	1,477	1,812
Operating Revenue	1,353	1,632	1,889	1,764	1,251	1,608	1,994	1,821	1,354	1,477	1,812
Total Cost of Revenue	1,018	1,142	1,290	1,247	979	1,124	1,318	1,261	1,051	1,123	1,324
Operating Cost of Revenue	1,018	1,142	1,290	1,247	979	1,124	1,318	1,261	1,051	1,123	1,324
Total Operating Expenses	141	91	110	119	-1,149	114	109	97	107	91	82
Selling, General & Admin Expense	130	107	105	117	118	119	108	112	104	101	95
Other Operating Expenses / (Income)	9.00	-21	1.00	-19	-1,287	-13	-2.00	-15	2.00	-13	-15
Restructuring Charge	2.00	5.00	4.00	21	20	8.00	3.00	0.00	1.00	2.90	1.80
Total Other Income / (Expense), net	-46	-47	-31	-26	-7.00	-28	-27	-23	-25	-30	-36
Interest Expense	56	51	38	40	40	40	41	42	42	43	43
Other Income / (Expense), net	10	4.00	7.00	14	33	12	14	19	17	13	7.30
Income Tax Expense	32	59	95	78	368	55	110	92	36	46	79
Net Income / (Loss) Attributable to Noncontrolling Interest	0.00	-	0.00	0.00	1.00	-1.00	0.00	1.00	1.00	0.20	0.00
Basic Earnings per Share	$1.91	$4.88	$5.93	$4.77	$16.92	$4.56	$6.74	$5.62	$1.96	$2.96	$4.74
Weighted Average Basic Shares Outstanding	60.90M	61.40M	61.10M	61.50M	61.80M	61.90M	61.80M	61.90M	62.10M	62.30M	62.30M
Diluted Earnings per Share	$1.90	$4.87	$5.91	$4.76	$16.87	$4.54	$6.72	$5.61	$1.95	$2.94	$4.73
Weighted Average Diluted Shares Outstanding	61M	61.60M	61.30M	61.60M	62M	62.10M	62M	62.10M	62.20M	62.50M	62.50M
Weighted Average Basic & Diluted Shares Outstanding	60.29M	60.97M	61.12M	61.12M	61.64M	61.82M	61.81M	61.80M	61.97M	62.10M	62.09M
Cash Dividends to Common per Share	$0.79	-	$0.79	$0.74	$0.74	-	$0.74	$0.66	$0.66	-	$0.66

This table details how cash moves in and out of Martin Marietta Materials' business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	-612	923	100	-46	283	-24	-1,402	1,396	-118	60
Net Cash From Operating Activities	1,459	1,528	991	1,138	1,050	966	705	658	689	581
Net Cash From Continuing Operating Activities	1,459	1,528	991	1,138	1,050	966	705	658	689	581
Net Income / (Loss) Continuing Operations	1,996	1,170	867	703	721	612	470	713	425	289
Consolidated Net Income / (Loss)	1,996	1,170	867	703	721	612	470	713	425	289
Depreciation Expense	573	513	506	452	394	372	344	297	285	264
Non-Cash Adjustments To Reconcile Net Income	-1,276	32	-165	6.40	-41	40	-2.00	-2.30	2.87	22
Changes in Operating Assets and Liabilities, net	166	-187	-217	-23	-24	-57	-107	-351	-25	6.37
Net Cash From Investing Activities	-2,444	459	-484	-3,475	-410	-386	-1,948	-386	-555	89
Net Cash From Continuing Investing Activities	-2,444	459	-484	-3,475	-410	-386	-1,948	-386	-555	89
Purchase of Property, Plant & Equipment	-855	-650	-482	-423	-360	-394	-376	-410	-387	-318
Acquisitions	-3,642	0.00	11	-3,109	-65	0.00	-1,642	-12	-175	-43
Purchase of Investments	-117	-27	-704	0.00	0.00	-	-	-	-	-
Divestitures	2,160	427	687	43	142	8.40	69	36	6.48	448
Sale and/or Maturity of Investments	0.00	700	0.00	0.00	-	-	-	-	0.29	-
Other Investing Activities, net	10	9.00	4.00	15	-127	-0.80	0.80	0.30	0.00	1.81
Net Cash From Financing Activities	373	-1,064	-407	2,291	-357	-604	-158	1,125	-252	-609
Net Cash From Continuing Financing Activities	373	-1,064	-407	2,291	-357	-604	-158	1,125	-252	-609
Repayment of Debt	-1,694	-701	-53	-428	-779	-975	-918	-1,071	-465	-241
Repurchase of Common Equity	-450	-150	-150	0.00	-50	-98	-100	-100	-259	-520
Payment of Dividends	-189	-174	-160	-148	-140	-130	-116	-109	-105	-108
Issuance of Debt	2,758	0.00	0.00	2,897	628	625	1,000	2,409	560	230
Other Financing Activities, net	-52	-39	-44	-29	-16	-25	-24	-4.50	18	30

This table details how cash moves in and out of Martin Marietta Materials' business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Net Change in Cash & Equivalents	-569	618	-57	-2,541	1,368	634	226	192	-129	148	-562
Net Cash From Operating Activities	218	686	600	1.00	172	555	454	358	161	430	275
Net Cash From Continuing Operating Activities	218	686	600	1.00	172	555	454	358	161	356	349
Net Income / (Loss) Continuing Operations	116	294	362	294	1,046	283	417	348	122	184	295
Consolidated Net Income / (Loss)	116	294	362	294	1,046	283	417	348	122	184	295
Depreciation Expense	154	149	152	142	130	128	132	129	124	126	124
Non-Cash Adjustments To Reconcile Net Income	31	-24	6.00	13	-1,271	-4.00	28	-3.00	11	-7.60	-4.60
Changes in Operating Assets and Liabilities, net	-83	267	80	-448	267	148	-123	-116	-96	53	-65
Net Cash From Investing Activities	-262	-1,380	-298	-2,191	1,425	133	523	-45	-152	-160	-758
Net Cash From Continuing Investing Activities	-262	-1,380	-298	-2,191	1,425	133	523	-45	-152	-160	-758
Purchase of Property, Plant & Equipment	-233	-233	-283	-139	-200	-186	-171	-119	-174	-173	-88
Acquisitions	0.00	-1,104	-	-2,050	-488	-	-	-	0.00	-	-
Purchase of Investments	-20	-	-	-	-	-	-	-	-	0.60	-
Divestitures	2.00	32	7.00	14	2,107	329	3.00	73	22	7.90	35
Other Investing Activities, net	-11	42	-22	-16	6.00	17	-9.00	1.00	0.00	4.80	0.40
Net Cash From Financing Activities	-525	1,312	-359	-351	-229	-54	-751	-121	-138	-48	-153
Net Cash From Continuing Financing Activities	-525	1,312	-359	-351	-229	-54	-751	-121	-138	-48	-153
Repayment of Debt	0.00	-899	-	-	-	-1.00	-	-	-	1.80	-7.10
Repurchase of Common Equity	-450	-	-	-300	-150	-	-	-75	-75	-	-100
Payment of Dividends	-49	-47	-50	-45	-47	-45	-45	-42	-42	-42	-41
Other Financing Activities, net	-26	-10	-4.00	-6.00	-32	-8.00	-6.00	-4.00	-21	-7.40	-4.80

This table presents Martin Marietta Materials' assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Total Assets	18,170	15,125	14,994	14,393	10,581	10,132	9,551	8,993	7,301	6,958
Total Current Assets	2,542	3,919	2,877	2,026	1,668	1,427	1,366	2,631	1,086	1,082
Cash & Equivalents	670	1,272	358	258	207	21	45	1,446	50	168
Restricted Cash	0.00	10	705	0.50	97	0.00	-	-	-	-
Accounts Receivable	678	753	786	774	575	574	523	487	458	411
Inventories, net	1,115	989	874	753	709	691	663	601	522	469
Other Current Assets	71	88	81	138	80	141	135	97	57	33
Other Current Nonoperating Assets	8.00	807	73	102	-	-	-	-	-	-
Plant, Property, & Equipment, net	10,109	6,186	6,317	6,338	5,242	5,206	5,157	3,593	3,423	3,156
Total Noncurrent Assets	5,519	5,020	5,800	6,029	3,670	3,499	3,028	2,769	2,791	2,720
Goodwill	3,767	3,389	3,650	3,494	2,414	2,397	2,399	2,160	2,159	2,068
Intangible Assets	730	698	848	1,065	508	487	501	506	511	66
Other Noncurrent Operating Assets	1,022	933	930	853	748	615	128	102	120	586
Other Noncurrent Nonoperating Assets	0.00	0.00	373	617	-	-	-	-	-	-
Total Liabilities & Shareholders' Equity	18,170	15,125	14,994	14,393	10,581	10,132	9,551	8,993	7,301	6,958
Total Liabilities	8,714	7,089	7,821	7,855	4,688	4,778	4,602	4,310	3,158	2,897
Total Current Liabilities	1,016	1,170	1,446	753	499	839	787	694	547	367
Short-Term Debt	125	400	699	0.00	-	340	390	300	180	19
Accounts Payable	375	343	385	356	208	230	211	184	179	165
Current Deferred & Payable Income Tax Liabilities	102	6.00	-	-	-	-	-	-	-	-
Current Employee Benefit Liabilities	73	102	72	87	-	-	-	58	57	39
Other Taxes Payable	50	47	55	58	83	57	115	65	60	63
Other Current Liabilities	246	231	187	196	145	169	71	88	71	81
Other Current Nonoperating Liabilities	45	41	47	56	18	-	-	-	-	-
Total Noncurrent Liabilities	7,698	5,919	6,375	7,103	4,188	3,940	3,815	3,616	2,612	2,531
Long-Term Debt	5,288	3,946	4,341	5,101	2,626	2,434	2,730	2,727	1,506	1,550
Asset Retirement Reserve & Litigation Obligation	423	383	378	-	-	-	-	-	-	-
Noncurrent Deferred & Payable Income Tax Liabilities	1,169	874	914	895	782	733	706	411	663	583
Other Noncurrent Operating Liabilities	818	716	721	1,053	781	773	379	234	194	173
Other Noncurrent Nonoperating Liabilities	0.00	0.00	22	54	-	-	-	-	-	-
Commitments & Contingencies	0.00	0.00	-	-	-	-	-	-	-	-
Total Equity & Noncontrolling Interests	9,456	8,036	7,173	6,538	5,893	5,353	4,949	4,682	4,143	4,060
Total Preferred & Common Equity	9,453	8,034	7,171	6,535	5,891	5,351	4,946	4,680	4,140	4,057
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	9,453	8,034	7,171	6,535	5,891	5,351	4,946	4,680	4,140	4,057
Common Stock	3,551	3,520	3,490	3,471	3,441	3,419	3,397	3,369	3,335	3,288
Retained Earnings	5,915	4,563	3,719	3,162	2,608	2,077	1,693	1,440	936	874
Accumulated Other Comprehensive Income / (Loss)	-13	-49	-39	-98	-158	-146	-144	-129	-131	-106
Noncontrolling Interest	3.00	2.00	2.30	2.30	2.60	2.50	3.00	2.88	2.61	2.89

This table presents Martin Marietta Materials' assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Total Assets	17,724	18,170	16,469	16,333	16,240	15,125	14,918	15,246	14,891	14,994	14,730
Total Current Assets	2,103	2,542	2,319	2,229	4,518	3,919	2,817	3,192	2,813	2,877	2,847
Cash & Equivalents	101	670	52	109	2,648	1,272	648	422	229	358	136
Accounts Receivable	733	678	916	909	703	753	1,048	979	797	786	1,012
Inventories, net	1,173	1,115	1,089	1,105	1,077	989	993	955	949	874	823
Other Current Assets	96	71	252	96	70	88	83	90	75	81	92
Plant, Property, & Equipment, net	10,095	10,109	8,714	8,610	6,600	6,186	6,353	6,313	6,280	6,317	6,154
Plant, Property & Equipment, gross	15,187	-	13,588	13,383	11,257	-	11,011	10,859	10,721	-	10,400
Accumulated Depreciation	5,092	-	4,874	4,773	4,657	-	4,658	4,547	4,442	-	4,246
Total Noncurrent Assets	5,526	5,519	5,436	5,494	5,122	5,020	5,748	5,741	5,799	5,800	5,729
Goodwill	3,773	3,767	3,768	3,842	3,479	3,389	3,650	3,650	3,650	3,650	3,640
Intangible Assets	721	730	705	713	702	698	827	834	841	848	856
Other Noncurrent Operating Assets	1,032	1,022	963	939	941	933	964	932	934	930	857
Total Liabilities & Shareholders' Equity	17,724	18,170	16,469	16,333	16,240	15,125	14,918	15,246	14,891	14,994	14,730
Total Liabilities	8,640	8,714	7,298	7,493	7,363	7,089	7,113	7,823	7,713	7,821	7,792
Total Current Liabilities	935	1,016	993	1,196	1,429	1,170	1,141	1,442	1,328	1,446	1,420
Short-Term Debt	125	125	95	400	400	400	400	700	700	699	699
Accounts Payable	298	375	315	304	266	343	342	347	303	385	334
Current Deferred & Payable Income Tax Liabilities	125	102	231	158	457	6.00	-	-	-	-	-
Current Employee Benefit Liabilities	41	73	67	58	37	102	85	64	38	72	77
Other Taxes Payable	50	50	61	-	-	47	-	91	-	55	-
Other Current Liabilities	227	246	188	185	192	231	197	198	191	187	207
Other Current Nonoperating Liabilities	69	45	36	41	40	41	41	43	45	47	46
Total Noncurrent Liabilities	7,705	7,698	6,305	6,297	5,934	5,919	5,972	6,380	6,385	6,375	6,372
Long-Term Debt	5,289	5,288	3,948	3,947	3,947	3,946	3,945	4,343	4,342	4,341	4,340
Asset Retirement Reserve & Litigation Obligation	373	423	409	397	388	383	378	-	-	378	-
Noncurrent Deferred & Payable Income Tax Liabilities	1,172	1,169	1,127	1,110	865	874	914	916	921	914	886
Other Noncurrent Operating Liabilities	871	818	821	843	734	716	715	1,104	1,101	721	1,123
Commitments & Contingencies	0.00	0.00	0.00	0.00	-	0.00	-	-	-	-	-
Total Equity & Noncontrolling Interests	9,084	9,456	9,171	8,840	8,877	8,036	7,805	7,423	7,178	7,173	6,938
Total Preferred & Common Equity	9,081	9,453	9,169	8,838	8,875	8,034	7,803	7,421	7,175	7,171	6,936
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	9,081	9,453	9,169	8,838	8,875	8,034	7,803	7,421	7,175	7,171	6,936
Common Stock	3,564	3,551	3,545	3,530	3,513	3,520	3,512	3,501	3,488	3,490	3,484
Retained Earnings	5,529	5,915	5,670	5,356	5,411	4,563	4,326	3,955	3,725	3,719	3,577
Accumulated Other Comprehensive Income / (Loss)	-12	-13	-46	-48	-49	-49	-35	-36	-37	-39	-125
Noncontrolling Interest	3.00	3.00	2.00	2.00	2.00	2.00	2.30	2.30	2.50	2.30	2.10

This table displays calculated financial ratios and metrics derived from Martin Marietta Materials' official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-3.56%	10.00%	13.80%	14.46%	-0.19%	11.66%	7.03%	3.85%	7.89%	19.66%
EBITDA Growth	53.75%	22.93%	21.80%	3.50%	12.15%	18.15%	4.92%	3.45%	29.23%	40.09%
EBIT Growth	66.77%	31.59%	26.23%	-0.91%	14.79%	23.05%	0.39%	3.15%	40.53%	55.47%
NOPAT Growth	62.25%	35.46%	18.46%	-1.94%	12.65%	28.32%	-30.14%	70.08%	37.56%	76.93%
Net Income Growth	70.60%	34.95%	23.36%	-2.54%	17.83%	30.10%	-34.06%	67.68%	47.24%	87.26%
EPS Growth	72.21%	35.69%	23.62%	-2.77%	18.48%	31.09%	-33.96%	69.68%	54.55%	58.30%
Operating Cash Flow Growth	-4.52%	54.19%	-12.89%	8.34%	8.69%	37.02%	7.22%	-4.55%	18.66%	52.13%
Free Cash Flow Firm Growth	-205.75%	82.45%	154.33%	-352.48%	7.02%	153.67%	-471.04%	106.28%	-78.09%	123.26%
Invested Capital Growth	37.76%	-4.07%	0.03%	30.80%	1.57%	1.01%	28.13%	8.39%	5.83%	-6.33%
Revenue Q/Q Growth	0.37%	1.98%	-0.32%	6.21%	94.48%	-31.09%	1.19%	0.55%	2.81%	-0.33%
EBITDA Q/Q Growth	1.27%	5.27%	3.44%	0.30%	4.22%	3.39%	-2.07%	3.32%	2.67%	2.19%
EBIT Q/Q Growth	0.76%	6.86%	5.42%	-2.55%	5.21%	4.44%	-4.98%	4.39%	2.34%	4.51%
NOPAT Q/Q Growth	0.97%	8.39%	1.99%	-2.17%	7.47%	5.09%	-35.79%	62.82%	2.27%	8.50%
Net Income Q/Q Growth	0.58%	9.16%	3.23%	-3.61%	7.80%	6.34%	-37.55%	64.04%	3.80%	7.13%
EPS Q/Q Growth	1.03%	9.29%	3.28%	-3.69%	7.85%	6.45%	-37.41%	63.99%	4.57%	3.37%
Operating Cash Flow Q/Q Growth	9.83%	8.87%	7.94%	-0.76%	4.98%	5.77%	3.54%	-4.05%	0.91%	16.21%
Free Cash Flow Firm Q/Q Growth	-2,294.44%	137.51%	238.41%	-1,204.17%	-7.84%	0.39%	0.37%	-2.80%	32.78%	-1.01%
Invested Capital Q/Q Growth	7.95%	-7.81%	0.20%	17.82%	0.52%	-0.88%	-1.29%	3.54%	-1.82%	-1.42%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	28.73%	29.85%	23.10%	24.91%	26.49%	24.88%	22.77%	24.51%	23.88%	20.54%
EBITDA Margin	51.07%	32.03%	28.66%	26.78%	29.62%	26.36%	24.91%	25.41%	25.50%	21.29%
Operating Margin	41.42%	23.55%	19.59%	17.99%	21.26%	18.67%	16.27%	17.66%	17.74%	13.96%
EBIT Margin	42.30%	24.47%	20.45%	18.44%	21.30%	18.52%	16.80%	17.91%	18.03%	13.85%
Profit (Net Income) Margin	30.54%	17.26%	14.07%	12.98%	15.25%	12.91%	11.08%	17.99%	11.14%	8.16%
Tax Burden Percent	76.89%	78.37%	79.47%	82.15%	81.09%	81.79%	81.65%	115.27%	70.09%	69.83%
Interest Burden Percent	93.89%	90.05%	86.59%	85.70%	88.28%	85.27%	80.78%	87.12%	88.14%	84.43%
Effective Tax Rate	23.11%	19.62%	21.54%	17.91%	18.91%	18.21%	18.35%	-15.27%	29.91%	30.17%
Return on Invested Capital (ROIC)	16.94%	12.16%	8.79%	8.41%	9.98%	8.97%	7.89%	13.41%	8.45%	6.11%
ROIC Less NNEP Spread (ROIC-NNEP)	14.53%	8.33%	6.75%	5.47%	6.28%	5.14%	3.88%	7.57%	5.20%	2.21%
Return on Net Nonoperating Assets (RNNOA)	5.88%	3.23%	3.86%	2.89%	2.84%	2.91%	1.87%	2.76%	1.93%	0.76%
Return on Equity (ROE)	22.82%	15.39%	12.65%	11.31%	12.82%	11.88%	9.77%	16.17%	10.37%	6.87%
Cash Return on Invested Capital (CROIC)	-14.82%	16.31%	8.76%	-18.28%	8.42%	7.97%	-16.76%	5.36%	2.78%	12.65%
Operating Return on Assets (OROA)	16.61%	11.01%	8.58%	7.99%	9.73%	8.92%	7.69%	8.72%	9.66%	6.91%
Return on Assets (ROA)	11.99%	7.77%	5.90%	5.63%	6.96%	6.22%	5.07%	8.76%	5.97%	4.08%
Return on Common Equity (ROCE)	22.82%	15.38%	12.64%	11.30%	12.82%	11.87%	9.76%	16.16%	10.37%	6.87%
Return on Equity Simple (ROE_SIMPLE)	21.12%	14.56%	12.09%	10.75%	12.24%	11.44%	9.51%	15.24%	10.28%	7.12%
Net Operating Profit after Tax (NOPAT)	2,081	1,283	947	799	815	724	564	807	475	345
NOPAT Margin	31.84%	18.93%	15.37%	14.77%	17.24%	15.27%	13.29%	20.36%	12.43%	9.75%
Net Nonoperating Expense Percent (NNEP)	2.41%	3.82%	2.04%	2.94%	3.70%	3.83%	4.02%	5.84%	3.24%	3.90%
Return On Investment Capital (ROIC_SIMPLE)	14.00%	10.36%	7.75%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	71.27%	70.15%	76.90%	75.09%	73.51%	75.12%	77.23%	75.49%	76.12%	79.46%
SG&A Expenses to Revenue	6.84%	6.54%	6.44%	6.48%	6.47%	6.39%	6.61%	6.61%	6.33%	5.95%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	-12.68%	6.30%	3.51%	6.92%	5.23%	6.21%	6.50%	6.85%	6.14%	6.58%
Earnings before Interest and Taxes (EBIT)	2,765	1,658	1,260	998	1,007	878	713	710	689	490
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	3,338	2,171	1,766	1,450	1,401	1,249	1,057	1,008	974	754
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.34	3.82	2.89	4.14	2.93	3.16	2.09	2.82	3.20	2.08
Price to Tangible Book Value (P/TBV)	6.37	7.77	7.76	13.68	5.82	6.86	5.05	6.56	9.02	4.39
Price to Revenue (P/Rev)	4.83	4.53	3.37	4.99	3.65	3.57	2.44	3.33	3.47	2.39
Price to Earnings (P/E)	15.82	26.24	23.91	38.48	23.98	27.64	22.00	18.52	31.17	29.23
Dividend Yield	0.59%	0.56%	0.76%	0.54%	0.81%	0.76%	1.12%	0.82%	0.79%	1.25%
Earnings Yield	6.32%	3.81%	4.18%	2.60%	4.17%	3.62%	4.55%	5.40%	3.21%	3.42%
Enterprise Value to Invested Capital (EV/IC)	2.55	3.26	2.29	2.96	2.38	2.43	1.67	2.36	2.58	1.80
Enterprise Value to Revenue (EV/Rev)	5.56	4.98	4.01	5.89	4.15	4.15	3.16	3.73	3.90	2.78
Enterprise Value to EBITDA (EV/EBITDA)	10.88	15.54	13.99	21.99	14.00	15.75	12.69	14.68	15.30	13.06
Enterprise Value to EBIT (EV/EBIT)	13.13	20.35	19.61	31.94	19.47	22.41	18.81	20.82	21.63	20.09
Enterprise Value to NOPAT (EV/NOPAT)	17.45	26.30	26.09	39.88	24.06	27.18	23.79	18.32	31.39	28.53
Enterprise Value to Operating Cash Flow (EV/OCF)	24.89	22.08	24.94	28.02	18.68	20.36	19.03	22.49	21.62	16.96
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	19.60	26.19	0.00	28.51	30.60	0.00	45.83	95.21	13.79
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.57	0.54	0.70	0.78	0.45	0.52	0.63	0.65	0.41	0.39
Long-Term Debt to Equity	0.56	0.49	0.61	0.78	0.45	0.45	0.55	0.58	0.36	0.38
Financial Leverage	0.40	0.39	0.57	0.53	0.45	0.57	0.48	0.36	0.37	0.34
Leverage Ratio	1.90	1.98	2.14	2.01	1.84	1.91	1.93	1.85	1.74	1.69
Compound Leverage Factor	1.79	1.78	1.86	1.72	1.63	1.63	1.56	1.61	1.53	1.42
Debt to Total Capital	36.40%	35.10%	41.27%	43.83%	30.82%	34.13%	38.67%	39.27%	28.93%	27.87%
Short-Term Debt to Total Capital	0.84%	3.23%	5.72%	0.00%	0.00%	4.18%	4.83%	3.89%	3.09%	0.33%
Long-Term Debt to Total Capital	35.56%	31.87%	35.54%	43.83%	30.82%	29.95%	33.83%	35.37%	25.84%	27.54%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.02%	0.02%	0.02%	0.02%	0.03%	0.03%	0.04%	0.04%	0.04%	0.05%
Common Equity to Total Capital	63.58%	64.88%	58.71%	56.15%	69.15%	65.84%	61.30%	60.70%	71.03%	72.08%
Debt to EBITDA	1.62	2.00	2.85	3.52	1.87	2.22	2.95	3.00	1.73	2.08
Net Debt to EBITDA	1.42	1.41	2.25	3.34	1.66	2.20	2.91	1.57	1.68	1.86
Long-Term Debt to EBITDA	1.58	1.82	2.46	3.52	1.87	1.95	2.58	2.71	1.55	2.06
Debt to NOPAT	2.60	3.39	5.32	6.38	3.22	3.83	5.53	3.75	3.55	4.55
Net Debt to NOPAT	2.28	2.39	4.20	6.06	2.85	3.80	5.45	1.96	3.45	4.06
Long-Term Debt to NOPAT	2.54	3.08	4.58	6.38	3.22	3.36	4.84	3.38	3.17	4.49
Altman Z-Score	3.59	4.05	2.74	3.08	3.45	3.23	2.36	3.02	3.62	2.79
Noncontrolling Interest Sharing Ratio	0.03%	0.03%	0.03%	0.04%	0.05%	0.05%	0.06%	0.06%	0.07%	0.05%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.50	3.35	1.99	2.69	3.34	1.70	1.74	3.79	1.99	2.95
Quick Ratio	1.33	1.73	0.79	1.37	1.57	0.71	0.72	2.79	0.93	1.58
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,821	1,722	944	-1,737	688	643	-1,198	323	156	714
Operating Cash Flow to CapEx	170.64%	235.08%	205.60%	268.90%	291.94%	245.51%	187.53%	160.27%	177.90%	182.45%
Free Cash Flow to Firm to Interest Expense	-10.77	10.43	5.58	-12.17	5.82	4.97	-8.74	3.53	1.92	9.36
Operating Cash Flow to Interest Expense	8.63	9.26	5.86	7.97	8.89	7.47	5.14	7.19	8.43	7.61
Operating Cash Flow Less CapEx to Interest Expense	3.57	5.32	3.01	5.01	5.85	4.43	2.40	2.70	3.69	3.44
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.45	0.42	0.43	0.46	0.48	0.46	0.49	0.54	0.50
Accounts Receivable Turnover	9.13	8.81	7.90	8.03	8.23	8.64	8.40	8.39	8.79	8.51
Inventory Turnover	4.43	5.10	5.83	5.56	4.97	5.26	5.19	5.34	5.87	5.90
Fixed Asset Turnover	0.80	1.08	0.97	0.94	0.91	0.91	0.97	1.13	1.16	1.08
Accounts Payable Turnover	12.97	13.06	12.78	14.42	15.90	16.17	16.62	16.53	16.93	15.32
Days Sales Outstanding (DSO)	39.96	41.44	46.21	45.48	44.33	42.24	43.45	43.50	41.52	42.89
Days Inventory Outstanding (DIO)	82.43	71.51	62.64	65.61	73.47	69.40	70.36	68.41	62.20	61.90
Days Payable Outstanding (DPO)	28.13	27.95	28.55	25.32	22.96	22.58	21.96	22.08	21.55	23.83
Cash Conversion Cycle (CCC)	94.26	85.00	80.30	85.77	94.84	89.07	91.85	89.83	82.17	80.97
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	14,236	10,334	10,773	10,769	8,233	8,106	8,025	6,263	5,779	5,461
Invested Capital Turnover	0.53	0.64	0.57	0.57	0.58	0.59	0.59	0.66	0.68	0.63
Increase / (Decrease) in Invested Capital	3,902	-439	3.40	2,536	127	81	1,762	485	318	-369
Enterprise Value (EV)	36,313	33,737	24,711	31,878	19,611	19,670	13,416	14,791	14,898	9,846
Market Capitalization	31,567	30,671	20,732	27,033	17,287	16,915	10,338	13,208	13,259	8,442
Book Value per Share	$154.67	$129.98	$115.48	$104.76	$94.59	$85.61	$78.87	$74.45	$65.23	$61.34
Tangible Book Value per Share	$81.09	$63.86	$43.05	$31.67	$47.67	$39.47	$32.63	$32.02	$23.15	$29.08
Total Capital	14,869	12,382	12,213	11,638	8,519	8,127	8,070	7,710	5,829	5,629
Total Debt	5,413	4,346	5,040	5,101	2,626	2,774	3,120	3,027	1,686	1,569
Total Long-Term Debt	5,288	3,946	4,341	5,101	2,626	2,434	2,730	2,727	1,506	1,550
Net Debt	4,743	3,064	3,977	4,842	2,321	2,753	3,076	1,581	1,636	1,400
Capital Expenditures (CapEx)	855	650	482	423	360	394	376	410	387	318
Debt-free, Cash-free Net Working Capital (DFCFNWC)	981	1,867	1,067	1,014	865	907	924	790	670	565
Debt-free Net Working Capital (DFNWC)	1,651	3,149	2,130	1,273	1,169	928	969	2,237	720	734
Net Working Capital (NWC)	1,526	2,749	1,431	1,273	1,169	588	579	1,937	540	715
Net Nonoperating Expense (NNE)	85	113	80	97	94	112	94	94	49	56
Net Nonoperating Obligations (NNO)	4,780	2,298	3,600	4,232	2,340	2,753	3,076	1,581	1,636	1,400
Total Depreciation and Amortization (D&A)	573	513	506	452	394	372	344	297	285	264
Debt-free, Cash-free Net Working Capital to Revenue	15.01%	27.55%	17.32%	18.73%	18.28%	19.14%	21.78%	19.93%	17.54%	15.97%
Debt-free Net Working Capital to Revenue	25.26%	46.47%	34.58%	23.51%	24.72%	19.59%	22.83%	56.41%	18.85%	20.73%
Net Working Capital to Revenue	23.35%	40.56%	23.23%	23.51%	24.72%	12.41%	13.64%	48.84%	14.14%	20.20%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$32.50	$18.88	$13.91	$11.26	$11.56	$9.77	$7.46	$11.30	$6.66	$4.31
Adjusted Weighted Average Basic Shares Outstanding	61.40M	61.90M	62.30M	62.40M	62.30M	62.50M	62.90M	62.93M	63.61M	66.77M
Adjusted Diluted Earnings per Share	$32.41	$18.82	$13.87	$11.22	$11.54	$9.74	$7.43	$11.25	$6.63	$4.29
Adjusted Weighted Average Diluted Shares Outstanding	61.60M	62.10M	62.50M	62.60M	62.40M	62.70M	63.15M	63.22M	63.86M	67.02M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	60.97M	61.82M	62.10M	62.39M	62.29M	62.20M	62.43M	62.80M	63.07M	64.33M
Normalized Net Operating Profit after Tax (NOPAT)	2,120	1,292	954	847	816	724	575	496	475	349
Normalized NOPAT Margin	32.43%	19.07%	15.49%	15.64%	17.26%	15.28%	13.55%	12.52%	12.45%	9.87%
Pre Tax Income Margin	39.72%	22.03%	17.71%	15.80%	18.80%	15.79%	13.57%	15.61%	15.90%	11.69%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	16.36	10.05	7.46	7.00	8.53	6.79	5.20	7.76	8.43	6.42
NOPAT to Interest Expense	12.32	7.77	5.60	5.60	6.90	5.60	4.11	8.82	5.81	4.52
EBIT Less CapEx to Interest Expense	11.30	6.11	4.60	4.03	5.48	3.74	2.46	3.28	3.69	2.25
NOPAT Less CapEx to Interest Expense	7.26	3.84	2.75	2.64	3.86	2.55	1.37	4.34	1.07	0.35
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	9.47%	14.87%	18.45%	21.12%	19.46%	21.31%	24.74%	15.26%	24.78%	37.30%
Augmented Payout Ratio	32.01%	27.69%	35.76%	21.12%	26.39%	37.35%	46.09%	29.28%	85.71%	217.26%

This table displays calculated financial ratios and metrics derived from Martin Marietta Materials' official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	3/31/2025	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	8.15%	1.49%	-5.27%	-3.13%	-7.61%	8.88%	10.06%	10.92%	10.01%	-1.31%	16.34%
EBITDA Growth	-77.40%	8.24%	-9.12%	-9.33%	370.03%	27.12%	32.80%	-2.86%	69.43%	17.17%	12.79%
EBIT Growth	-85.97%	5.50%	-14.63%	-14.52%	582.63%	38.66%	40.61%	-3.72%	201.27%	30.75%	13.99%
NOPAT Growth	-85.53%	6.96%	-14.16%	-14.10%	579.33%	47.03%	41.49%	-0.86%	219.73%	7.84%	11.75%
Net Income Growth	-88.91%	3.90%	-12.95%	-15.76%	757.38%	53.26%	41.21%	-4.75%	472.77%	17.27%	15.99%
EPS Growth	-88.74%	7.27%	-12.05%	-15.15%	765.13%	54.42%	42.07%	-4.27%	473.53%	17.60%	16.22%
Operating Cash Flow Growth	26.74%	23.60%	32.16%	-99.72%	6.83%	28.98%	65.39%	207.82%	-5.24%	20.40%	-19.05%
Free Cash Flow Firm Growth	-370.52%	-576.43%	-21,993.47%	-20,365.45%	1,256.27%	260.61%	99.44%	100.64%	94.98%	108.88%	-94.24%
Invested Capital Growth	36.52%	37.76%	17.65%	18.81%	-2.96%	-4.07%	4.27%	3.35%	2.57%	0.03%	17.62%
Revenue Q/Q Growth	-17.10%	-13.61%	7.09%	41.01%	-22.21%	-19.36%	9.50%	34.49%	-8.30%	-18.49%	10.36%
EBITDA Q/Q Growth	-35.14%	-14.81%	16.97%	-65.03%	210.10%	-28.47%	16.69%	81.31%	-16.02%	-25.27%	-14.64%
EBIT Q/Q Growth	-49.38%	-18.75%	20.39%	-71.66%	280.43%	-34.25%	20.54%	126.29%	-22.71%	-33.33%	-17.46%
NOPAT Q/Q Growth	-54.22%	-14.31%	23.21%	-70.08%	237.77%	-31.23%	23.30%	136.65%	-26.73%	-33.82%	-13.61%
Net Income Q/Q Growth	-60.41%	-19.28%	23.47%	-71.89%	271.19%	-32.37%	19.48%	186.07%	-33.62%	-37.69%	-19.41%
EPS Q/Q Growth	-60.99%	-17.60%	24.16%	-71.78%	271.59%	-32.44%	19.79%	187.69%	-33.67%	-37.84%	-19.28%
Operating Cash Flow Q/Q Growth	-68.22%	14.33%	59,900.00%	-99.42%	-69.06%	22.25%	26.82%	122.36%	-62.60%	56.76%	136.03%
Free Cash Flow Firm Q/Q Growth	-4.15%	-124.42%	9.68%	-228.15%	87.75%	10,506.90%	-182.85%	107.31%	-157.20%	116.09%	5.25%
Invested Capital Q/Q Growth	1.62%	7.95%	0.60%	23.72%	2.36%	-7.81%	1.60%	1.04%	1.36%	0.20%	0.71%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	24.76%	30.02%	31.71%	29.31%	21.74%	30.10%	33.90%	30.75%	22.38%	23.96%	26.93%
EBITDA Margin	26.46%	33.82%	34.30%	31.41%	126.62%	31.72%	35.76%	33.55%	24.89%	27.17%	29.64%
Operating Margin	14.34%	24.45%	25.89%	22.56%	113.59%	23.01%	28.44%	25.43%	14.48%	17.78%	22.40%
EBIT Margin	15.08%	24.69%	26.26%	23.36%	116.23%	23.76%	29.14%	26.47%	15.73%	18.66%	22.81%
Profit (Net Income) Margin	8.57%	17.95%	19.22%	16.67%	83.61%	17.54%	20.91%	19.17%	9.01%	12.46%	16.30%
Tax Burden Percent	78.38%	83.24%	79.26%	79.03%	73.97%	82.46%	77.22%	79.32%	71.35%	79.00%	79.72%
Interest Burden Percent	72.55%	87.34%	92.34%	90.29%	97.25%	89.53%	92.94%	91.29%	80.28%	84.54%	89.64%
Effective Tax Rate	21.62%	16.76%	20.74%	20.97%	26.03%	16.08%	20.37%	20.91%	21.05%	19.58%	21.38%
Return on Invested Capital (ROIC)	5.95%	10.83%	10.95%	9.78%	52.13%	12.40%	13.70%	11.97%	6.66%	8.18%	10.95%
ROIC Less NNEP Spread (ROIC-NNEP)	4.94%	9.72%	10.29%	9.25%	51.94%	11.43%	12.75%	11.52%	5.84%	7.49%	10.22%
Return on Net Nonoperating Assets (RNNOA)	1.95%	3.93%	4.50%	4.48%	17.67%	4.43%	6.24%	6.10%	3.41%	4.28%	5.07%
Return on Equity (ROE)	7.91%	14.76%	15.45%	14.26%	69.80%	16.83%	19.95%	18.07%	10.07%	12.46%	16.02%
Cash Return on Invested Capital (CROIC)	-21.42%	-14.82%	0.68%	0.41%	23.24%	16.31%	6.60%	6.39%	7.24%	8.76%	-6.85%
Operating Return on Assets (OROA)	5.89%	9.70%	10.90%	9.79%	49.84%	10.69%	13.06%	11.49%	6.79%	7.82%	9.89%
Return on Assets (ROA)	3.35%	7.05%	7.97%	6.98%	35.85%	7.89%	9.38%	8.32%	3.89%	5.22%	7.07%
Return on Common Equity (ROCE)	7.90%	14.76%	15.45%	14.25%	69.78%	16.83%	19.94%	18.06%	10.07%	12.45%	16.01%
Return on Equity Simple (ROE_SIMPLE)	11.74%	0.00%	21.64%	23.06%	23.59%	0.00%	13.74%	12.80%	13.48%	0.00%	12.11%
Net Operating Profit after Tax (NOPAT)	152	332	388	315	1,051	310	452	366	155	211	319
NOPAT Margin	11.24%	20.35%	20.52%	17.83%	84.03%	19.31%	22.64%	20.11%	11.43%	14.30%	17.61%
Net Nonoperating Expense Percent (NNEP)	1.02%	1.11%	0.66%	0.52%	0.19%	0.97%	0.96%	0.46%	0.82%	0.69%	0.72%
Return On Investment Capital (ROIC_SIMPLE)	1.05%	2.23%	-	-	-	2.51%	-	-	-	1.73%	-
Cost of Revenue to Revenue	75.24%	69.98%	68.29%	70.69%	78.26%	69.90%	66.10%	69.25%	77.62%	76.04%	73.08%
SG&A Expenses to Revenue	9.61%	6.56%	5.56%	6.63%	9.43%	7.40%	5.42%	6.15%	7.68%	6.83%	5.24%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	10.42%	5.58%	5.82%	6.75%	-91.85%	7.09%	5.47%	5.33%	7.90%	6.18%	4.52%
Earnings before Interest and Taxes (EBIT)	204	403	496	412	1,454	382	581	482	213	276	413
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	358	552	648	554	1,584	510	713	611	337	401	537
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	3.21	3.34	3.59	3.78	4.27	3.82	3.23	3.83	3.05	2.89	2.86
Price to Tangible Book Value (P/TBV)	6.36	6.37	7.01	7.80	8.07	7.77	7.58	9.68	8.15	7.76	8.14
Price to Revenue (P/Rev)	4.39	4.83	5.05	5.05	5.68	4.53	3.80	4.40	3.48	3.37	3.21
Price to Earnings (P/E)	27.35	15.82	16.57	16.38	18.11	26.24	23.58	30.01	22.65	23.91	23.65
Dividend Yield	0.65%	0.59%	0.56%	0.55%	0.47%	0.56%	0.67%	0.58%	0.73%	0.76%	0.78%
Earnings Yield	3.66%	6.32%	6.03%	6.11%	5.52%	3.81%	4.24%	3.33%	4.42%	4.18%	4.23%
Enterprise Value to Invested Capital (EV/IC)	2.38	2.55	2.80	2.87	3.74	3.26	2.58	2.93	2.38	2.29	2.24
Enterprise Value to Revenue (EV/Rev)	5.19	5.56	5.66	5.69	5.93	4.98	4.35	5.01	4.14	4.01	3.89
Enterprise Value to EBITDA (EV/EBITDA)	16.32	10.88	11.19	11.20	11.58	15.54	14.03	17.16	13.65	13.99	14.10
Enterprise Value to EBIT (EV/EBIT)	22.75	13.13	13.44	13.30	13.66	20.35	18.64	23.39	18.54	19.61	20.14
Enterprise Value to NOPAT (EV/NOPAT)	29.06	17.45	17.90	17.71	18.19	26.30	24.44	30.79	24.67	26.09	25.92
Enterprise Value to Operating Cash Flow (EV/OCF)	22.90	24.89	27.77	31.83	25.72	22.08	20.61	26.44	26.47	24.94	26.21
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	444.63	760.09	15.84	19.60	39.91	46.66	33.32	26.19	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.60	0.57	0.44	0.49	0.49	0.54	0.56	0.68	0.70	0.70	0.73
Long-Term Debt to Equity	0.58	0.56	0.43	0.45	0.44	0.49	0.51	0.59	0.60	0.61	0.63
Financial Leverage	0.40	0.40	0.44	0.48	0.34	0.39	0.49	0.53	0.58	0.57	0.50
Leverage Ratio	1.89	1.90	1.85	1.94	1.94	1.98	2.01	2.10	2.14	2.14	2.14
Compound Leverage Factor	1.37	1.66	1.71	1.75	1.89	1.77	1.87	1.92	1.72	1.81	1.92
Debt to Total Capital	37.34%	36.40%	30.60%	32.96%	32.87%	35.10%	35.76%	40.45%	41.26%	41.27%	42.07%
Short-Term Debt to Total Capital	0.86%	0.84%	0.72%	3.03%	3.02%	3.23%	3.29%	5.62%	5.73%	5.72%	5.83%
Long-Term Debt to Total Capital	36.48%	35.56%	29.88%	29.93%	29.85%	31.87%	32.47%	34.84%	35.53%	35.54%	36.24%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Common Equity to Total Capital	62.64%	63.58%	69.39%	67.02%	67.11%	64.88%	64.22%	59.53%	58.72%	58.71%	57.91%
Debt to EBITDA	2.56	1.62	1.23	1.29	1.27	2.00	2.11	2.67	2.65	2.85	2.95
Net Debt to EBITDA	2.52	1.42	1.21	1.26	0.50	1.41	1.79	2.08	2.16	2.25	2.46
Long-Term Debt to EBITDA	2.50	1.58	1.20	1.17	1.15	1.82	1.91	2.30	2.28	2.46	2.54
Debt to NOPAT	4.56	2.60	1.96	2.05	2.00	3.39	3.67	4.80	4.78	5.32	5.43
Net Debt to NOPAT	4.48	2.28	1.94	1.99	0.78	2.39	3.12	3.73	3.90	4.20	4.52
Long-Term Debt to NOPAT	4.46	2.54	1.92	1.86	1.81	3.08	3.33	4.13	4.12	4.58	4.67
Altman Z-Score	2.95	3.16	3.78	3.70	4.49	3.77	3.24	3.21	2.64	2.52	2.50
Noncontrolling Interest Sharing Ratio	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.25	2.50	2.34	1.86	3.16	3.35	2.47	2.21	2.12	1.99	2.01
Quick Ratio	0.89	1.33	0.97	0.85	2.35	1.73	1.49	0.97	0.77	0.79	0.81
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-3,718	-3,570	-1,591	-1,761	1,374	749	-7.20	8.69	-119	208	-1,291
Operating Cash Flow to CapEx	93.56%	294.42%	212.01%	0.72%	86.00%	298.39%	265.50%	300.84%	92.53%	248.87%	310.52%
Free Cash Flow to Firm to Interest Expense	-66.39	-70.00	-41.86	-44.03	34.36	18.73	-0.18	0.21	-2.83	4.88	-30.17
Operating Cash Flow to Interest Expense	3.89	13.45	15.79	0.03	4.30	13.88	11.07	8.52	3.83	10.10	6.41
Operating Cash Flow Less CapEx to Interest Expense	-0.27	8.88	8.34	-3.45	-0.70	9.23	6.90	5.69	-0.31	6.04	4.35
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.39	0.39	0.42	0.42	0.43	0.45	0.45	0.43	0.43	0.42	0.43
Accounts Receivable Turnover	9.25	9.13	6.63	7.01	8.90	8.81	6.45	6.44	8.08	7.90	6.82
Inventory Turnover	4.18	4.43	4.46	4.53	4.62	5.10	5.23	5.32	5.45	5.83	6.18
Fixed Asset Turnover	0.80	0.80	0.86	0.89	1.04	1.08	1.06	1.04	1.01	0.97	1.05
Accounts Payable Turnover	16.66	12.97	14.12	14.35	16.47	13.06	14.07	13.47	13.73	12.78	16.35
Days Sales Outstanding (DSO)	39.48	39.96	55.03	52.08	41.01	41.44	56.55	56.64	45.19	46.21	53.55
Days Inventory Outstanding (DIO)	87.42	82.43	81.88	80.52	78.95	71.51	69.76	68.65	67.02	62.64	59.02
Days Payable Outstanding (DPO)	21.91	28.13	25.85	25.44	22.16	27.95	25.95	27.10	26.58	28.55	22.32
Cash Conversion Cycle (CCC)	104.99	94.26	111.06	107.15	97.80	85.00	100.36	98.19	85.63	80.30	90.25
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	14,466	14,236	13,188	13,109	10,596	10,334	11,210	11,033	10,919	10,773	10,751
Invested Capital Turnover	0.53	0.53	0.53	0.55	0.62	0.64	0.61	0.60	0.58	0.57	0.62
Increase / (Decrease) in Invested Capital	3,870	3,902	1,978	2,076	-323	-439	459	358	274	3.40	1,610
Enterprise Value (EV)	34,470	36,313	36,889	37,637	39,596	33,737	28,925	32,365	25,998	24,711	24,068
Market Capitalization	29,154	31,567	32,896	33,397	37,897	30,671	25,226	28,444	21,886	20,732	19,867
Book Value per Share	$148.93	$154.67	$150.02	$143.38	$143.61	$129.98	$126.25	$119.76	$115.53	$115.48	$111.20
Tangible Book Value per Share	$75.23	$81.09	$76.84	$69.48	$75.95	$63.86	$53.82	$47.41	$43.23	$43.05	$39.11
Total Capital	14,498	14,869	13,214	13,187	13,224	12,382	12,149	12,467	12,219	12,213	11,976
Total Debt	5,414	5,413	4,043	4,347	4,347	4,346	4,344	5,043	5,042	5,040	5,039
Total Long-Term Debt	5,289	5,288	3,948	3,947	3,947	3,946	3,945	4,343	4,342	4,341	4,340
Net Debt	5,313	4,743	3,991	4,238	1,697	3,064	3,697	3,919	4,110	3,977	4,198
Capital Expenditures (CapEx)	233	233	283	139	200	186	171	119	174	173	88
Debt-free, Cash-free Net Working Capital (DFCFNWC)	1,192	981	1,369	1,324	839	1,867	1,428	1,326	1,253	1,067	1,286
Debt-free Net Working Capital (DFNWC)	1,293	1,651	1,421	1,433	3,489	3,149	2,076	2,450	2,184	2,130	2,126
Net Working Capital (NWC)	1,168	1,526	1,326	1,033	3,089	2,749	1,676	1,750	1,485	1,431	1,428
Net Nonoperating Expense (NNE)	36	39	25	21	5.18	28	35	17	33	27	24
Net Nonoperating Obligations (NNO)	5,382	4,780	4,017	4,269	1,719	2,298	3,405	3,610	3,742	3,600	3,813
Total Depreciation and Amortization (D&A)	154	149	152	142	130	128	132	129	124	126	124
Debt-free, Cash-free Net Working Capital to Revenue	17.96%	15.01%	21.02%	20.01%	12.57%	27.55%	21.49%	20.52%	19.93%	17.32%	20.81%
Debt-free Net Working Capital to Revenue	19.48%	25.26%	21.82%	21.66%	52.28%	46.47%	31.24%	37.91%	34.76%	34.58%	34.40%
Net Working Capital to Revenue	17.60%	23.35%	20.36%	15.61%	46.28%	40.56%	25.22%	27.07%	23.63%	23.23%	23.10%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$1.91	$4.88	$5.93	$4.77	$16.92	$4.56	$6.74	$5.62	$1.96	$2.96	$4.74
Adjusted Weighted Average Basic Shares Outstanding	60.90M	61.40M	61.10M	61.50M	61.80M	61.90M	61.80M	61.90M	62.10M	62.30M	62.30M
Adjusted Diluted Earnings per Share	$1.90	$4.87	$5.91	$4.76	$16.87	$4.54	$6.72	$5.61	$1.95	$2.94	$4.73
Adjusted Weighted Average Diluted Shares Outstanding	61M	61.60M	61.30M	61.60M	62M	62.10M	62M	62.10M	62.20M	62.50M	62.50M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	60.29M	60.97M	61.12M	61.12M	61.64M	61.82M	61.81M	61.80M	61.97M	62.10M	62.09M
Normalized Net Operating Profit after Tax (NOPAT)	154	336	391	331	1,066	317	454	366	156	214	321
Normalized NOPAT Margin	11.35%	20.61%	20.69%	18.77%	85.21%	19.73%	22.76%	20.11%	11.49%	14.46%	17.69%
Pre Tax Income Margin	10.94%	21.57%	24.25%	21.09%	113.03%	21.27%	27.08%	24.16%	12.63%	15.77%	20.44%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	3.64	7.90	13.05	10.30	36.35	9.55	14.17	11.48	5.07	6.47	9.65
NOPAT to Interest Expense	2.72	6.51	10.20	7.86	26.28	7.76	11.01	8.72	3.68	4.96	7.46
EBIT Less CapEx to Interest Expense	-0.52	3.33	5.61	6.83	31.35	4.90	10.00	8.64	0.93	2.41	7.59
NOPAT Less CapEx to Interest Expense	-1.45	1.94	2.75	4.39	21.28	3.11	6.84	5.89	-0.46	0.90	5.39
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	18.01%	9.47%	9.45%	8.95%	8.57%	14.87%	15.86%	17.48%	16.76%	18.45%	18.61%
Augmented Payout Ratio	88.37%	32.01%	32.13%	31.03%	19.32%	27.69%	29.86%	43.80%	34.85%	35.76%	36.47%

Frequently Asked Questions About Martin Marietta Materials' Financials

When does Martin Marietta Materials's financial year end?

According to the most recent income statement we have on file, Martin Marietta Materials' fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Martin Marietta Materials' net income changed over the last 9 years?

Martin Marietta Materials' net income appears to be on an upward trend, with a most recent value of $2.00 billion in 2024, rising from $288.94 million in 2015. The previous period was $1.17 billion in 2023. See where experts think Martin Marietta Materials is headed by visiting Martin Marietta Materials' forecast page.

What is Martin Marietta Materials's operating income?

Martin Marietta Materials's total operating income in 2024 was $2.71 billion, based on the following breakdown:

Total Gross Profit: $1.88 billion
Total Operating Expenses: -$829 million

How has Martin Marietta Materials revenue changed over the last 9 years?

Over the last 9 years, Martin Marietta Materials' total revenue changed from $3.54 billion in 2015 to $6.54 billion in 2024, a change of 84.7%.

How much debt does Martin Marietta Materials have?

Martin Marietta Materials' total liabilities were at $8.71 billion at the end of 2024, a 22.9% increase from 2023, and a 200.7% increase since 2015.

How much cash does Martin Marietta Materials have?

In the past 9 years, Martin Marietta Materials' cash and equivalents has ranged from $21 million in 2019 to $1.45 billion in 2017, and is currently $670 million as of their latest financial filing in 2024.

How has Martin Marietta Materials' book value per share changed over the last 9 years?

Over the last 9 years, Martin Marietta Materials' book value per share changed from 61.34 in 2015 to 154.67 in 2024, a change of 152.1%.

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This page (NYSE:MLM) was last updated on 5/21/2025 by MarketBeat.com Staff

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Martin Marietta Materials (MLM) Financials

Frequently Asked Questions About Martin Marietta Materials' Financials

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Martin Marietta Materials (MLM) Financials

Annual Income Statements for Martin Marietta Materials

Quarterly Income Statements for Martin Marietta Materials

Annual Cash Flow Statements for Martin Marietta Materials

Quarterly Cash Flow Statements for Martin Marietta Materials

Annual Balance Sheets for Martin Marietta Materials

Quarterly Balance Sheets for Martin Marietta Materials

Annual Metrics And Ratios for Martin Marietta Materials

Quarterly Metrics And Ratios for Martin Marietta Materials

Frequently Asked Questions About Martin Marietta Materials' Financials

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