MLM · Martin Marietta Materials Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue | $6.15B | $6.54B | $6.78B | $6.16B | $5.41B | $4.73B |
| Cost of Revenue | $4.26B | $4.66B | $4.75B | $4.74B | $4.07B | $3.48B |
| Gross Profit | $1.89B | $1.88B | $2.02B | $1.42B | $1.35B | $1.25B |
| R&D | - | - | - | - | - | - |
| SG&A | $443.00M | $447.00M | $442.80M | $396.70M | $351.00M | $305.90M |
| Total Operating Expenses | - | - | - | - | - | - |
| D&A | $637.00M | $573.00M | $513.20M | $506.00M | $451.70M | $393.50M |
| Operating Income | $1.44B | $2.71B | $1.60B | $1.21B | $973.80M | $1.01B |
| Interest Expense | $230.00M | $169.00M | $165.30M | $169.00M | $142.70M | $118.10M |
| Income Tax | $236.00M | $600.00M | $292.50M | $234.80M | $153.20M | $168.20M |
| Net Income | $1.14B | $2.00B | $1.17B | $866.80M | $702.50M | $721.00M |
| EPS - Basic | $18.81 | $32.50 | $18.88 | $13.91 | $11.26 | $11.56 |
| EPS - Diluted | $18.77 | $32.41 | $18.82 | $13.87 | $11.22 | $11.54 |
Balance Sheet
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $67.00M | $670.00M | $1.27B | $358.00M | $258.40M | $207.30M |
| Accounts Receivable | $723.00M | $678.00M | $753.30M | $785.90M | $774.00M | $575.10M |
| Inventory | $1.08B | $1.11B | $988.60M | $873.70M | $752.60M | $709.00M |
| Accounts Payable | $389.00M | $375.00M | $343.30M | $385.00M | $356.20M | $207.80M |
| Current Assets | $3.19B | $2.54B | $3.92B | $2.88B | $2.03B | $1.67B |
| Total Assets | $18.71B | $18.17B | $15.12B | $14.99B | $14.39B | $10.58B |
| Current Liabilities | $895.00M | $1.02B | $1.17B | $1.45B | $752.60M | $499.30M |
| Long-term Debt | $5.29B | $5.29B | $3.95B | $4.34B | $5.10B | $2.63B |
| Total Liabilities | $8.68B | $8.71B | $7.09B | $7.82B | $7.86B | $4.69B |
| Stockholders' Equity | $10.03B | $9.45B | $8.03B | $7.17B | $6.54B | $5.89B |
| Retained Earnings | $6.40B | $5.92B | $4.56B | $3.72B | $3.16B | $2.61B |
Cash Flow
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Operating Cash Flow | $1.78B | $1.46B | $1.53B | $991.20M | $1.14B | $1.05B |
| Investing Cash Flow | ($1.59B) | ($2.44B) | $458.70M | ($483.80M) | ($3.47B) | ($409.70M) |
| Financing Cash Flow | ($800.00M) | $373.00M | ($1.06B) | ($407.50M) | $2.29B | ($357.00M) |
| CapEx | $807.00M | $855.00M | $650.30M | $481.80M | $423.10M | $359.70M |
| Free Cash Flow | $978.00M | $604.00M | $878.10M | $509.40M | $714.60M | $690.40M |
Ratios
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Profitability | ||||||
| Gross margin | 30.7% | 28.7% | 29.8% | 23.1% | 24.9% | 26.5% |
| Operating margin | 23.4% | 41.4% | 23.5% | 19.6% | 18.0% | 21.3% |
| EBITDA margin | 33.7% | 50.2% | 31.1% | 27.8% | 26.3% | 29.6% |
| Net margin | 18.5% | 30.5% | 17.2% | 14.1% | 13.0% | 15.2% |
| Free cash flow margin | 15.9% | 9.2% | 13.0% | 8.3% | 13.2% | 14.6% |
| FCF / Net income | 0.86 | 0.30 | 0.75 | 0.59 | 1.02 | 0.96 |
| R&D / Revenue | - | - | - | - | - | - |
| SG&A / Revenue | 7.2% | 6.8% | 6.5% | 6.4% | 6.5% | 6.5% |
| Effective tax rate | 17.2% | 23.1% | 20.0% | 21.3% | 17.9% | 18.9% |
| Return on assets | 6.1% | 11.0% | 7.7% | 5.8% | 4.9% | 6.8% |
| Return on equity | 11.3% | 21.1% | 14.6% | 12.1% | 10.7% | 12.2% |
| Return on invested capital | 7.8% | 14.1% | 10.7% | 8.2% | 6.9% | 9.6% |
| Liquidity | ||||||
| Current ratio | 3.57 | 2.50 | 3.35 | 1.99 | 2.69 | 3.34 |
| Quick ratio | 2.36 | 1.40 | 2.50 | 1.39 | 1.69 | 1.92 |
| Cash ratio | 0.07 | 0.66 | 1.09 | 0.25 | 0.34 | 0.42 |
| Leverage | ||||||
| Debt / Equity | 0.53 | 0.56 | 0.49 | 0.61 | 0.78 | 0.45 |
| Debt / Assets | 0.28 | 0.29 | 0.26 | 0.29 | 0.35 | 0.25 |
| Debt / EBITDA | 2.55 | 1.61 | 1.87 | 2.53 | 3.58 | 1.88 |
| Interest coverage | 6.2x | 16.0x | 9.7x | 7.1x | 6.8x | 8.5x |
| Equity multiplier | 1.87 | 1.92 | 1.88 | 2.09 | 2.20 | 1.80 |
| Liabilities / Assets | 0.46 | 0.48 | 0.47 | 0.52 | 0.55 | 0.44 |
| Efficiency | ||||||
| Asset turnover | 0.33 | 0.36 | 0.45 | 0.41 | 0.38 | 0.45 |
| Inventory turnover | 3.95 | 4.18 | 4.81 | 5.42 | 5.40 | 4.90 |
| Days sales outstanding | 43d | 38d | 41d | 47d | 52d | 44d |
| Days inventory outstanding | 92d | 87d | 76d | 67d | 68d | 74d |
| Days payable outstanding | 33d | 29d | 26d | 30d | 32d | 22d |
| Cash conversion cycle | 102d | 96d | 90d | 84d | 88d | 97d |
| Valuation | ||||||
| P / E | 33.2x | 15.9x | 26.5x | 24.4x | 39.3x | 24.6x |
| P / B | 3.8x | 3.4x | 3.9x | 2.9x | 4.2x | 3.0x |
| P / S | 6.1x | 4.9x | 4.6x | 3.4x | 5.1x | 3.7x |
| EV / EBITDA | 20.7x | 11.1x | 16.0x | 14.7x | 22.7x | 14.4x |
| Growth | ||||||
| Revenue growth (YoY) | -5.9% | -3.6% | 10.0% | 13.8% | 14.5% | -0.2% |
| Revenue CAGR (3y) | -0.1% | 6.5% | 12.7% | 9.1% | 12.3% | 6.1% |
| Revenue CAGR (5y) | 5.4% | 6.6% | 12.2% | 9.2% | 7.2% | 6.0% |
| Gross profit growth (YoY) | 0.6% | -7.1% | 42.1% | 5.6% | 7.6% | 6.3% |
| Operating income growth (YoY) | -46.9% | 69.6% | 32.3% | 23.9% | -3.1% | 13.6% |
| Net income growth (YoY) | -43.0% | 70.7% | 34.9% | 23.4% | -2.6% | 17.8% |
| EPS growth (YoY) | -42.1% | 72.2% | 35.7% | 23.6% | -2.8% | 18.5% |
| EPS CAGR (3y) | 10.6% | 42.4% | 17.7% | 12.5% | 14.7% | 0.9% |
| EPS CAGR (5y) | 10.2% | 27.2% | 20.4% | 4.3% | 11.1% | 21.9% |
| FCF growth (YoY) | 61.9% | -31.2% | 72.4% | -28.7% | 3.5% | 20.6% |
| FCF CAGR (5y) | 7.2% | 1.1% | 21.7% | 15.5% | 19.7% | 22.1% |
| Book value growth (YoY) | 6.1% | 17.7% | 12.0% | 9.7% | 10.9% | 10.1% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$13.29B totalReportable Segments$6.15B · 46.3%
Building Materials Business East Group$3.19B · 24.0%
Building Materials Business West Group$2.52B · 18.9%
Building Materials Business$992.00M · 7.5%
Specialties$441.00M · 3.3%
Product / service
$5.36B totalAggregates$5.00B · 93.4%
Service$356.00M · 6.6%
Stability scores
Altman Z′
FY 2025 · bankruptcy risk
1.43
Grey zone
Private-firm variant - uses book equity instead of market cap. > 2.90 safe · 1.23-2.90 grey · < 1.23 distress.
Piotroski F-score
FY 2025 · 9-point quality
6/9
Neutral
- ✓Net income positive
- ✓Operating cash flow positive
- ✗ROA improved YoY
- ✓Cash flow > net income
- ✗Long-term debt decreased
- ✓Current ratio improved
- ✓No share dilution
- ✓Gross margin improved
- ✗Asset turnover improved
Peer comparison
Same SIC group: Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Comparing MARTIN MARIETTA MATERIALS INC against the 5 most active filers in the same SIC group.
Dividends
$3.32/share trailing 12 months · +5.1% YoY
| Ex-date | Per share |
|---|---|
| Jun 1, 2026 | $0.8300 |
| Mar 2, 2026 | $0.8300 |
| Dec 1, 2025 | $0.8300 |
| Sep 2, 2025 | $0.8300 |
| Jun 2, 2025 | $0.7900 |
| Mar 3, 2025 | $0.7900 |
| Dec 2, 2024 | $0.7900 |
| Sep 3, 2024 | $0.7900 |
| Jun 3, 2024 | $0.7400 |
| Mar 1, 2024 | $0.7400 |
| Nov 30, 2023 | $0.7400 |
| Aug 31, 2023 | $0.7400 |
| May 31, 2023 | $0.6600 |
| Mar 3, 2023 | $0.6600 |
| Nov 30, 2022 | $0.6600 |
| Aug 31, 2022 | $0.6600 |
| May 31, 2022 | $0.6100 |
| Feb 28, 2022 | $0.6100 |
| Nov 30, 2021 | $0.6100 |
| Aug 31, 2021 | $0.6100 |
| May 28, 2021 | $0.5700 |
| Feb 26, 2021 | $0.5700 |
| Nov 30, 2020 | $0.5700 |
| Aug 31, 2020 | $0.5700 |