martin marietta materials inc. - MLM
MLM
Close Chg Chg %
585.41 5.42 0.93%
Pre-Market
590.83
+5.42 (0.93%)
Volume: 347.85K
Last Updated:
Nov 21, 2024, 3:59 PM EDT
Company Overview: martin marietta materials inc. - MLM
MLM Key Data
| Open $587.89 | Day Range 584.32 - 593.73 |
| 52 Week Range 456.83 - 633.23 | Market Cap $35.77B |
| Shares Outstanding 61.12M | Public Float 60.69M |
| Beta 0.90 | Rev. Per Employee N/A |
| P/E Ratio 18.18 | EPS $32.29 |
| Yield 51.43% | Dividend $0.79 |
| EX-DIVIDEND DATE Dec 2, 2024 | SHORT INTEREST N/A |
| AVERAGE VOLUME 474.75K |
MLM Performance
| 1 Week | 1.30% | ||
| 1 Month | 3.58% | ||
| 3 Months | 6.05% | ||
| 1 Year | 27.84% | ||
| 5 Years | 127.74% |
MLM Analyst Ratings
- Sell
- Under
- Hold
- Over
- Buy
Number of Ratings
25
Full Ratings ➔
About martin marietta materials inc. - MLM
Martin Marietta Materials, Inc. engages in the provision of aggregates including crushed stone, sand, and gravel through its network of quarries and distribution yards. It operates through the following geographical segments: East Group and West Group. The East Group segments provide aggregated products only. The West Group offers aggregates, as well as cement and downstream products including mixed concrete, asphalt, and paving services. The company was founded in November 1993 and is headquartered in Raleigh, NC.
MLM At a Glance
Martin Marietta Materials, Inc.
4123 Parklake Avenue
Raleigh, North Carolina 27607-3033
| Phone | 1-919-781-4550 | Revenue | 6.78B | |
| Industry | Construction Materials | Net Income | 1.20B | |
| Sector | Non-Energy Minerals | 2023 Sales Growth | 10.007% | |
| Fiscal Year-end | 12 / 2024 | Employees | 9,400 | |
| View SEC Filings |
MLM Valuation
| P/E Current | 18.182 |
| P/E Ratio (with extraordinary items) | N/A |
| P/E Ratio (without extraordinary items) | 25.823 |
| Price to Sales Ratio | 4.572 |
| Price to Book Ratio | 3.839 |
| Price to Cash Flow Ratio | 20.271 |
| Enterprise Value to EBITDA | 16.368 |
| Enterprise Value to Sales | 5.109 |
| Total Debt to Enterprise Value | 0.142 |
MLM Efficiency
| Revenue/Employee | 720,978.723 |
| Income Per Employee | 127,638.298 |
| Receivables Turnover | 8.997 |
| Total Asset Turnover | 0.44 |
MLM Liquidity
| Current Ratio | 3.349 |
| Quick Ratio | 2.504 |
| Cash Ratio | 1.096 |
MLM Profitability
| Gross Margin | 29.844 |
| Operating Margin | 23.73 |
| Pretax Margin | 22.027 |
| Net Margin | 17.703 |
| Return on Assets | 7.795 |
| Return on Equity | 15.783 |
| Return on Total Capital | 9.259 |
| Return on Invested Capital | 9.789 |
MLM Capital Structure
| Total Debt to Total Equity | 61.306 |
| Total Debt to Total Capital | 38.006 |
| Total Debt to Total Assets | 31.815 |
| Long-Term Debt to Equity | 55.418 |
| Long-Term Debt to Total Capital | 34.356 |
- Income Statement
- Balance Sheet
- Cash Flow Statement
Annual Financials for Martin Marietta Materials Inc. - MLM
Collapse All in section
| All values USD millions. | 2020 | 2021 | 2022 | 2023 | 5-year trend |
|---|---|---|---|---|---|
Sales/Revenue
| 4.73B | 5.41B | 6.16B | 6.78B | |
Sales Growth
| -0.19% | +14.46% | +13.79% | +10.01% | |
Cost of Goods Sold (COGS) incl D&A
| 3.49B | 4.08B | 4.74B | 4.75B | |
COGS excluding D&A
| - | - | - | - | - |
Depreciation & Amortization Expense
| 408.00M | 463.60M | 506.00M | 507.30M | |
Depreciation
| 391.00M | 425.30M | 461.00M | 479.50M | |
Amortization of Intangibles
| 17.00M | 38.30M | 45.00M | 27.80M | |
COGS Growth
| -2.17% | +16.78% | +16.18% | +0.36% | |
Gross Income
| 1.24B | 1.34B | 1.42B | 2.02B | |
Gross Income Growth
| +5.85% | +7.93% | +6.49% | +42.11% | |
Gross Profit Margin
| +26.18% | +24.69% | +23.10% | +29.84% |
| 2020 | 2021 | 2022 | 2023 | 5-year trend | |
|---|---|---|---|---|---|
SG&A Expense
| 299.90M | 349.20M | 396.70M | 442.80M | |
Research & Development
| - | - | - | - | - |
Other SG&A
| 299.90M | 349.20M | 396.70M | 442.80M | |
SGA Growth
| -0.93% | +16.44% | +13.60% | +11.62% | |
Other Operating Expense
| (74.30M) | (46.20M) | (189.20M) | (28.40M) | |
Unusual Expense
| 7.30M | 59.70M | 9.10M | 12.20M | |
EBIT after Unusual Expense
| 1.01B | 973.80M | 1.21B | 1.60B | |
Non Operating Income/Expense
| 2.00M | 24.40M | 53.40M | 62.10M | |
Non-Operating Interest Income
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Interest Expense
| 118.10M | 142.70M | 169.00M | 165.30M | |
Interest Expense Growth
| -8.66% | +20.83% | +18.43% | -2.19% | |
Gross Interest Expense
| 122.30M | 148.30M | 172.80M | 170.60M | |
Interest Capitalized
| 4.20M | 5.60M | 3.80M | 5.30M | |
Pretax Income
| 889.30M | 855.50M | 1.09B | 1.49B | |
Pretax Income Growth
| +18.84% | -3.80% | +27.54% | +36.82% | |
Pretax Margin
| +18.80% | +15.80% | +17.71% | +22.03% | |
Income Tax
| 168.20M | 153.20M | 234.80M | 292.50M | |
Income Tax - Current - Domestic
| 112.90M | 85.00M | 210.00M | 306.70M | |
Income Tax - Current - Foreign
| - | 1.20M | 1.20M | 200.00K | |
Income Tax - Deferred - Domestic
| 54.10M | 67.90M | 23.30M | (14.40M) | |
Income Tax - Deferred - Foreign
| - | - | 300.00K | 300.00K | - |
Income Tax Credits
| - | - | - | - | - |
Equity in Earnings of Affiliates
| - | - | - | - | - |
Other After Tax Income (Expense)
| - | - | (600.00K) | (200.00K) | - |
Consolidated Net Income
| 720.50M | 702.10M | 856.30M | 1.20B | |
Minority Interest Expense
| - | 100.00K | 300.00K | 500.00K | |
Net Income
| 720.40M | 701.80M | 856.30M | 1.20B | |
Net Income Growth
| +17.91% | -2.58% | +22.01% | +40.11% | |
Net Margin Growth
| +15.23% | +12.96% | +13.90% | +17.70% | |
Extraordinaries & Discontinued Operations
| - | - | 6.50M | 10.50M | - |
Discontinued Operations
| - | - | 6.50M | 10.50M | - |
Net Income After Extraordinaries
| 720.40M | 708.30M | 866.80M | 1.20B | |
Preferred Dividends
| - | - | - | - | - |
Net Income Available to Common
| 720.40M | 708.30M | 866.80M | 1.20B | |
EPS (Basic)
| 11.5634 | 11.351 | 13.9133 | 19.3829 | |
EPS (Basic) Growth
| +18.28% | -1.84% | +22.57% | +39.31% | |
Basic Shares Outstanding
| 62.30M | 62.40M | 62.30M | 61.90M | |
EPS (Diluted)
| 11.5449 | 11.3147 | 13.8688 | 19.3204 | |
EPS (Diluted) Growth
| +18.47% | -1.99% | +22.57% | +39.31% | |
Diluted Shares Outstanding
| 62.40M | 62.60M | 62.50M | 62.10M | |
EBITDA
| 1.42B | 1.50B | 1.72B | 2.12B | |
EBITDA Growth
| +12.22% | +5.38% | +15.01% | +22.87% | |
EBITDA Margin
| +30.04% | +27.65% | +27.95% | +31.21% |
Snapshot
| Average Recommendation | OVERWEIGHT | Average Target Price | 653.738 | |
| Number of Ratings | 25 | Current Quarters Estimate | 4.627 | |
| FY Report Date | 12 / 2024 | Current Year's Estimate | 17.426 | |
| Last Quarter’s Earnings | 5.91 | Median PE on CY Estimate | N/A | |
| Year Ago Earnings | 19.32 | Next Fiscal Year Estimate | 21.096 | |
| Median PE on Next FY Estimate | N/A |
Earnings Per Share
| This Quarter | Next Quarter | This Fiscal | Next Fiscal | |
|---|---|---|---|---|
| # of Estimates | 18 | 15 | 17 | 21 |
| Mean Estimate | 4.63 | 2.09 | 17.43 | 21.10 |
| High Estimates | 5.09 | 2.56 | 18.50 | 25.30 |
| Low Estimate | 3.91 | 1.68 | 16.73 | 18.80 |
| Coefficient of Variance | 6.10 | 11.59 | 2.59 | 6.98 |
Analysts Recommendations
| Current | 1 Month Ago | 3 Months Ago | |
|---|---|---|---|
| BUY | 13 | 12 | 12 |
| OVERWEIGHT | 3 | 4 | 4 |
| HOLD | 8 | 7 | 5 |
| UNDERWEIGHT | 0 | 0 | 0 |
| SELL | 1 | 1 | 1 |
| MEAN | Overweight | Overweight | Overweight |
SEC Filings for Martin Marietta Materials Inc. - MLM
| Filing Date | Type | Category | Amended |
|---|---|---|---|
| No results | |||
Insider Actions for Martin Marietta Materials Inc. - MLM
| Date | Name | Shares | Transaction | Value |
|---|---|---|---|---|
| Jun 4, 2024 | John J. Koraleski Director | 7,948 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $572.8 per share | 4,552,614.40 |
| Jun 4, 2024 | Thomas H. Pike Director | 3,899 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $572.8 per share | 2,233,347.20 |
| Jun 4, 2024 | David C. Wajsgras Director | 3,879 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $572.8 per share | 2,221,891.20 |
| May 10, 2024 | Michael Jack Quillen Director | 21,306 | Bona fide gift | 0.00 |
| Mar 15, 2024 | Roselyn R. Bar EVP, General Counsel and Secy | 59,970 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $603.29 per share | 36,179,301.30 |
| Mar 13, 2024 | Robert J. Cardin Sr. VP, Controller and CAO | 6,554 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $595.71 per share | 3,904,283.34 |
| Mar 7, 2024 | C. Howard Nye Chairman, Pres & CEO; Director | 134,640 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $604.26 per share | 81,357,566.40 |
| Mar 7, 2024 | C. Howard Nye Chairman, Pres & CEO; Director | 70,400 | Open market or private sale of non-derivative or derivative security Non-derivative transaction at $604.26 per share | 42,539,904.00 |
| Feb 28, 2024 | Michael Petro SVP - Strategy and Development | 6,848 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | Kelly Grace Bennett SVP, CHRO | 4,454 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $553.31 per share | 2,464,442.74 |
| Feb 28, 2024 | Kelly Grace Bennett SVP, CHRO | 4,569 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $525.85 per share | 2,402,608.65 |
| Feb 28, 2024 | Kelly Grace Bennett SVP, CHRO | 3,882 | Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $525.85 per share | 2,041,349.70 |
| Feb 28, 2024 | James A. J. Nickolas EVP and CFO | 23,267 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $553.31 per share | 12,873,863.77 |
| Feb 28, 2024 | James A. J. Nickolas EVP and CFO | 23,485 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | Robert J. Cardin Sr. VP, Controller and CAO | 7,100 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $553.31 per share | 3,928,501.00 |
| Feb 28, 2024 | C. Howard Nye Chairman, Pres & CEO; Director | 149,640 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $553.31 per share | 82,797,308.40 |
| Feb 28, 2024 | Oliver W Brooks SVP - Enterprise Excellence | 4,629 | Grant, award or other acq pursuant to Rule 16b-3(d) | 0.00 |
| Feb 28, 2024 | Oliver W Brooks SVP - Enterprise Excellence | 4,541 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $553.31 per share | 2,512,580.71 |
| Feb 28, 2024 | Michael Petro SVP - Strategy and Development | 6,752 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $553.31 per share | 3,735,949.12 |
| Feb 28, 2024 | Roselyn R. Bar EVP, General Counsel and Secy | 69,970 | Payment of exercise price or tax liability by delivering/withholding secs incident to the receipt/exercise/vesting pursuant to Rule 16b-3 Non-derivative transaction at $553.31 per share | 38,715,100.70 |