MARTIN MARIETTA MATERIALS INC MLM

Basic materials SIC 1400 - Mining & Quarrying of Nonmetallic Minerals (No Fuels) NAICS Mining, Quarrying, and Oil and Gas Extraction › Mining (except Oil and Gas) › Nonmetallic Mineral Mining and Quarrying derived NYSE

Martin Marietta Materials, Inc. (the Company or Martin Marietta) is a leading natural resource-based building materials company. The Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 400 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. In 2025, aggregates generated 88% of the Company's total reportable segment gross profit. As of December 31, 2025, Martin Marietta also provides other building materials, namely, cement, ready mixed concrete, asphalt and paving services in targeted markets where the Company has a notable aggregates position. The Company's heavy-side building materials are used in infrastructure, nonresidential and residential construction projects. Aggregates are also used in agricultural, utility and environmental applications and as railroad ballast. The aggregates, cement, ready mixed concrete, asphalt and paving operations are reported collectively as the "Building Materials business".

Last close 507.17 2026-10-23
Market cap $30.46B 2026-06-30 share count
52-week range 464.92 - 710.97

Valuation FY2025 figures against the last close

P/S5.0x
P/E27.0x
P/FCF31.1x
EV/EBITDA17.2x
Dividend yield0.6%
Diluted EPS18.77

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $6.15B$5.66B$5.85B$6.16B$5.41B$4.73B$4.74B$4.24B$3.97B$3.82B
Cost of revenue $4.26B$4.03B$4.11B$4.74B$4.07B$3.48B$3.56B$3.28B$2.99B$2.91B
Gross profit $1.89B$1.64B$1.75B$1.42B$1.35B$1.25B$1.18B$966.6M$971.9M$911.7M
SG&A $443.0M$429.0M$425.0M$397.0M$351.0M$305.9M$302.7M$280.6M$262.1M$241.6M
Operating income $1.44B$2.48B$1.33B$1.21B$973.8M$1.01B$884.9M$690.7M$700.4M$677.3M
Interest expense $230.0M$169.0M$165.0M$169.0M$142.7M$118.1M$129.3M$137.1M$91.5M$81.7M
Pre-tax income $1.23B$2.37B$1.23B$1.09B$855.5M$889.3M$748.3M$576.1M$618.9M$607.0M
Income tax $236.0M$550.0M$234.0M$235.0M$153.2M$168.2M$136.3M$105.7M$94.5M$181.6M
Net income $1.14B$2.00B$1.17B$866.7M$702.8M$721.0M$611.9M$470.0M$713.3M$425.4M
EPS, basic 18.8132.5018.8813.9111.2611.569.777.4611.306.66
EPS, diluted 18.7732.4118.8213.8711.2211.549.747.4311.256.63
Shares, diluted (wtd. avg.) 60.6M61.6M62.1M62.5M62.6M62.4M62.7M63.1M63.2M63.9M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $67.0M$670.0M$1.27B$359.0M$259.0M$304.4M$21.0M$44.9M$1.45B$50.0M
Receivables $723.0M$678.0M$753.0M$785.9M$774.0M$575.1M$573.7M$523.3M$487.2M—
Inventory $1.08B$1.02B$989.0M$873.7M$752.6M$709.0M$690.8M$663.0M$600.6M$521.6M
Total current assets $3.19B$2.45B$3.92B$2.88B$2.03B$1.67B$1.43B$1.37B$2.63B$1.09B
Property, plant and equipment $10.29B$9.66B$6.19B$6.32B$6.34B$5.24B$5.21B$5.16B$3.59B$3.42B
Goodwill $3.61B$3.39B$3.39B$3.65B$3.49B$2.41B$2.40B$2.40B$2.16B$2.16B
Other intangibles $8.0M$439.0M$664.0M$812.0M$1.03B$472.0M$458.5M$471.6M$472.5M$482.7M
Total assets $18.71B$18.17B$15.12B$14.99B$14.39B$10.58B$10.13B$9.55B$8.99B$7.30B
Accounts payable $389.0M$375.0M$343.0M$385.0M$356.2M$207.8M$229.6M$210.8M$183.6M$178.6M
Short-term debt $30.0M$125.0M$400.0M$699.1M$100.0K—$340.0M$390.0M$299.9M$180.0M
Total current liabilities $895.0M$1.00B$1.17B$1.45B$752.6M$499.3M$838.5M$786.7M$694.2M$546.6M
Long-term debt $5.29B$5.29B$3.95B$4.34B$5.10B$2.63B$2.43B$2.73B$2.73B$1.51B
Total liabilities $8.68B$8.71B$7.09B$7.82B$7.86B$4.69B$4.78B$4.60B$4.31B$3.16B
Retained earnings $6.40B$5.92B$4.56B$3.72B$3.16B$2.61B$2.08B$1.69B$1.44B$935.6M
Total equity $10.03B$9.45B$8.04B$7.17B$6.54B$5.89B$5.35B$4.95B$4.68B$4.14B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $1.78B$1.46B$1.53B$991.0M$1.14B$1.05B$966.1M$705.1M$657.6M$688.9M
Depreciation and amortisation $637.0M$573.0M$513.0M$506.0M$451.7M$393.5M$371.5M$344.0M$297.2M$285.3M
Stock-based compensation $46.0M$58.0M$50.0M$43.0M$43.0M$30.0M$34.1M$29.3M$30.5M$20.5M
Capital expenditure $807.0M$855.0M$650.0M$482.0M$423.1M$359.7M$393.5M$376.0M$410.3M$387.3M
Investing cash flow -$1.59B-$2.44B$459.0M-$484.0M-$3.47B-$409.7M-$385.9M-$1.95B-$386.1M-$555.0M
Financing cash flow -$800.0M$373.0M-$1.06B-$407.0M$2.29B-$357.0M-$604.1M-$158.4M$1.12B-$252.3M
Dividends paid $197.0M$189.0M$174.0M$160.0M$147.8M$140.3M$129.8M$116.4M$108.9M$105.0M
Buybacks $450.0M$450.0M$150.0M$150.0M$0$50.0M$98.2M$100.4M$100.0M$259.2M

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001193125-26-157039.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. 0 2B 4B 6B 8B Revenue, FY2016: 3.8B Gross profit, FY2016: 911.7M Net income, FY2016: 425.4M Revenue, FY2017: 4B Gross profit, FY2017: 971.9M Net income, FY2017: 713.3M Revenue, FY2018: 4.2B Gross profit, FY2018: 966.6M Net income, FY2018: 470M Revenue, FY2019: 4.7B Gross profit, FY2019: 1.2B Net income, FY2019: 611.9M Revenue, FY2020: 4.7B Gross profit, FY2020: 1.3B Net income, FY2020: 721M Revenue, FY2021: 5.4B Gross profit, FY2021: 1.3B Net income, FY2021: 702.8M Revenue, FY2022: 6.2B Gross profit, FY2022: 1.4B Net income, FY2022: 866.7M Revenue, FY2023: 5.9B Gross profit, FY2023: 1.7B Net income, FY2023: 1.2B Revenue, FY2024: 5.7B Gross profit, FY2024: 1.6B Net income, FY2024: 2B Revenue, FY2025: 6.2B Gross profit, FY2025: 1.9B Net income, FY2025: 1.1B FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $3.82B $3.97B $4.24B $4.74B $4.73B $5.41B $6.16B $5.85B $5.66B $6.15B
Gross profit $911.7M $971.9M $966.6M $1.18B $1.25B $1.35B $1.42B $1.75B $1.64B $1.89B
Net income $425.4M $713.3M $470.0M $611.9M $721.0M $702.8M $866.7M $1.17B $2.00B $1.14B

Recent filings and events

  • Material agreement signed The company entered an agreement outside the ordinary course of business - a large contract, a credit facility, a merger agreement. Item 1.01
  • Acquisition or disposal completed A purchase or sale of a significant business or asset has closed. Item 2.01
  • Unregistered share sale Shares issued outside a registered offering. Dilution, and for a small company often the way it is funded. Item 3.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Material agreement signed Item 1.01
  • Material agreement terminated An agreement that mattered has ended. Often the other half of a deal that fell through. Item 1.02
  • New debt or obligation The company has taken on debt or a comparable obligation. Item 2.03
  • Material agreement signed Item 1.01
  • New debt or obligation Item 2.03
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Material agreement signed Item 1.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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