Martin Marietta Materials, Inc. logo MLM - Martin Marietta Materials, Inc.

Price: -- -- | CONSENSUS: Buy DETAILS
STRONG
BUY
0
BUY 23
HOLD 17
SELL 0
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0
| PRICE TARGET: $697.40 DETAILS
HIGH: $785.00
LOW: $608.00
MEDIAN: $696.00
CONSENSUS: $697.40
UPSIDE: 30.00%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Revenue
Revenue 6,544 6,536 6,777 6,161 5,414 4,729.9 4,739.1 4,244.3 3,965.6 3,818.7 3,539.6 2,958.0 2,155.6 2,031.9 1,713.6 1,652.8 1,702.6 2,116.4 2,194.9 2,191.1 1,975.3 1,720.4 1,627.5 1,588.6 1,594.4 1,517.5 1,434.1 1,201.5 900.9 721.9 664.4 501.7
Cost of Revenue 4,586 4,658 4,754 4,738 4,065.6 3,477.1 3,560.1 3,277.7 2,993.7 2,907.0 2,812.7 2,435.6 1,791.6 1,704.8 1,411.6 1,331.2 1,364.9 1,645.9 1,626.0 1,665.8 1,546.4 1,373.8 1,314.0 1,301.1 1,299.1 1,213.9 998.7 821.1 585.9 478.2 441.5 319.7
Gross Profit 1,962 1,878 2,023 1,423 1,348.4 1,252.8 1,179 966.6 971.9 911.7 726.9 522.4 364.0 327.1 302.0 321.7 337.7 470.5 568.9 525.3 428.9 346.6 313.4 287.5 295.3 303.6 435.4 380.4 315 243.7 222.9 182
Operating Expenses
R&D Expenses 0 0 0 0 0 0 0 0 0 0 0 0 0.7 35.1 18.6 1.2 0.4 0.6 0.9 0.7 0.7 0.9 0.6 0.4 0.6 2.3 2.8 3.1 3.4 1.9 1.9 0
SG&A Expenses 443 447 443 397 351 305.9 302.7 280.6 262.1 241.6 210.8 169.2 150.1 138.4 124.1 130.4 139.4 151.3 155.2 146.7 130.7 127.3 120.4 113.3 91.6 98.8 92.6 82.0 69.1 59.9 59.6 47.3
Other Expenses (3) (1,276) (16) (181) 23.6 (58.5) (8.6) (4.7) 9.4 (7.1) 22.0 38.2 (4.8) (2.6) (1.7) (8.3) 10.4 (4.8) (18.1) (12.7) (16.2) (11.7) (6.8) (4.7) 0 0 124.8 98.8 79.7 61.2 53.8 42.8
Operating Expenses 440 (829) 427 216 374.6 247.4 294.1 275.9 271.5 234.5 232.8 207.5 146.0 171.0 141.0 123.3 150.2 147.1 138.0 134.7 115.1 116.5 114.1 109.0 92.2 101.1 220.2 183.9 152.2 123 115.3 90.1
Operating Income
Operating Income 1,522 2,707 1,596 1,207 973.8 1,005.4 884.9 690.7 700.4 677.3 494.2 314.9 218.0 156.2 161.0 198.3 187.6 323.4 430.9 390.5 313.8 230.1 199.3 178.5 203.1 202.5 215.3 196.6 162.8 120.7 107.6 91.9
Interest Expense 229 169 165 169 142.7 118.1 129.3 137.1 91.5 81.7 76.3 66.1 53.5 53.3 58.6 68.4 73.5 74.3 60.9 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 2,154 3,338 2,171 1,766 1,449.9 1,400.9 1,249.1 1,057.2 1,007.6 974.0 753.7 538.0 391.5 334.7 332.6 379.6 368.1 492.6 587.7 532.0 452.1 362.9 338.9 317.2 357.8 338.9 340.0 295.3 242.5 181.9 163.3 134.7
EBIT 1,517 2,765 1,658 1,260 998.2 1,007.4 877.6 713.2 710.4 688.7 490.1 315.2 217.7 157.5 159.2 198.1 188.7 321.4 437.3 390.5 313.8 230.1 199.3 178.5 203.1 202.5 215.3 196.6 162.8 120.7 107.6 91.9
Income Before Tax 1,288 2,596 1,493 1,091 855.5 889.3 748.3 576.1 618.9 607.0 413.8 249.2 164.2 104.1 100.6 129.7 115.3 247.1 376.4 353.0 272.7 188.0 156.3 123.0 152.5 168.8 194.3 174.1 151.2 118.9 103.8 90.4
Income Tax Expense 250 600 293 235 153.2 168.2 136.3 105.7 (94.5) 181.6 124.9 94.8 44.0 17.4 21.0 30.9 27.4 72.1 115.3 107.6 74.2 57.7 46.9 32.2 51.5 56.8 68.5 58.5 52.7 40.3 36.2 32.1
Net Income 1,137 1,995 1,169 867 702.5 721 611.9 470 713.3 425.4 288.8 155.6 121.3 84.5 82.4 97.0 85.5 176.3 262.7 245.4 192.7 129.2 93.6 86.3 105.4 112.0 125.8 115.6 98.5 78.6 67.6 53.7
Per Share Data
EPS (Basic) 18.85 32.50 18.88 13.91 11.26 11.56 9.77 7.46 11.30 6.66 4.31 2.73 2.62 1.83 1.79 2.11 1.92 4.26 6.16 5.40 4.14 2.68 1.91 1.77 2.20 2.40 2.70 2.49 2.14 1.71 1.47 1.19
EPS (Diluted) 18.80 32.41 18.82 13.87 11.22 11.54 9.74 7.43 11.25 6.63 4.29 2.71 2.61 1.83 1.78 2.10 1.91 4.20 6.06 5.29 4.08 2.66 1.91 1.77 2.19 2.39 2.68 2.48 2.13 1.71 1.47 1.19
Shares Outstanding 60.3 61.4 61.9 62.3 62.4 62.3 62.5 62.9 62.9 63.6 66.8 56.9 46.2 45.8 45.7 45.5 44 41.4 42.7 45.5 46.5 48.2 49.0 48.8 47.9 46.7 46.7 46.5 46.0 46.0 46.0 45.1
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Current Assets
Cash & Cash Equivalents 67 670 1,272 358 258.4 207.3 21 44.9 1,446.4 50.0 263.6 37.8 161.6 125.1 14.5 1.4 0 3.4 14.6 18.7 (4.3) (2.9) (2.2)
Short-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 723 678 753 785.9 774 575.1 573.7 523.3 487.2 457.9 162.8 211.6 219.6 231.5 232.9 215.2 180.9 197.6 171.5 147.4 136.6 184.5 104
Inventory 1,078 1,115 989 873.7 752.6 709 690.8 663 600.6 521.6 332.6 318.0 209.3 213.8 239.7 231.0 207.5 172.9 157.1 132.6 113.8 113.4 69
Other Current Assets 1,325 79 905 859.3 240.6 176.9 141.2 134.6 97.0 56.8 97.9 97.6 33.7 40.2 53.5 48.7 36.6 29.5 26.2 23.3 25.1 19.4 17.2
Total Current Assets 3,193 2,542 3,919 2,876.9 2,025.6 1,668.3 1,426.7 1,365.8 2,631.2 1,086.4 856.9 665.0 624.3 610.7 540.6 496.2 425.0 403.4 369.4 322 271.2 314.4 188
Non-Current Assets
Property, Plant & Equipment 10,657 10,485 6,558 6,700.2 6,764.7 5,695.3 5,687.9 5,157.2 3,592.8 3,423.4 1,692.9 1,690.5 1,065.2 1,042.4 1,067.6 1,082.2 914.1 847.0 777.5 591.4 408.8 392.2 291.6
Goodwill 0 3,767 3,389 3,649.5 3,494.4 2,414 2,396.8 2,399.1 2,160.3 2,159.3 624.2 622.3 567.5 0 0 571.2 0 0 0 0 0 0 0
Intangible Assets 4,073 730 698 847.8 1,065 508 486.8 501.3 506.3 511.3 12.5 13.9 18.6 602.7 609.4 35.8 409.5 375.3 376 174.9 63.2 61.2 40.1
Long-Term Investments 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 788 646 561 919.2 1,043.3 295.2 133.4 128 101.9 120.5 52.8 40.8 80.2 63.4 55.4 39.2 92.9 116.9 65.7 17.4 25.7 21.6 74.2
Total Non-Current Assets 15,518 15,628 11,206 12,116.7 12,367.4 8,912.5 8,704.9 8,185.6 6,361.4 6,214.5 2,382.4 2,367.5 1,731.6 1,708.6 1,732.4 1,728.3 1,416.4 1,339.2 1,219.2 783.7 497.7 475 405.9
Total Assets 18,711 18,170 15,125 14,993.6 14,393 10,580.8 10,131.6 9,551.4 8,992.5 7,300.9 3,239.3 3,032.5 2,355.9 2,319.2 2,273.0 2,224.6 1,841.4 1,742.6 1,588.6 1,105.7 768.9 789.4 593.9
Current Liabilities
Account Payables 0 375 343 385 356.2 207.8 229.6 210.8 183.6 178.6 52.1 62.9 89.9 76.6 73.2 79.6 59.0 55.9 57.7 49.6 36.4 26.2 19.2
Short-Term Debt 30 125 400 699.1 0 0 340 390 299.9 180.0 227.9 207.2 10.5 1.1 11.4 4.5 45.2 39.7 15.7 1.4 5.5 106.7 6.7
Deferred Revenue 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 865 190 178 139.6 149.5 96.6 115.9 70.9 101.5 80.4 69.3 32.1 40.6 77.9 64.9 37.2 84.9 87.1 78.8 57.2 46.2 40.4 29.7
Total Current Liabilities 895 1,016 1,170 1,445.6 752.6 499.3 838.5 786.7 694.2 546.6 373.6 348.6 203.8 222.8 212.3 192.0 189.1 182.7 152.2 108.2 88.1 173.3 55.6
Non-Current Liabilities
Long-Term Debt 5,293 5,288 3,946 4,340.9 5,100.8 2,625.8 2,433.6 2,730.4 2,727.3 1,506.2 1,023.5 1,152.4 713.7 717.1 733.5 797.4 601.6 602.0 602.1 310.7 125.9 125 103.7
Deferred Tax Liabilities 0 1,169 874 914.3 895.3 781.5 733 705.6 410.7 663.0 195.9 174.3 139.2 116.6 108.5 102.7 0 81.9 75.6 50 13.6 10.6 10.2
Other Non-Current Liabilities 2,489 906 772 784.1 727.3 370.5 339.3 379.3 477.8 442.6 239.9 289.9 145.8 132.9 135.7 110.3 187.5 102.0 91 75 60.3 57 48.1
Total Non-Current Liabilities 7,782 7,698 5,919 6,375.2 7,102.8 4,188.2 3,939.8 3,815.3 3,615.8 2,611.7 1,459.3 1,616.6 998.6 966.6 977.7 1,010.3 789.0 785.9 768.7 435.7 199.8 192.6 162
Total Liabilities 8,677 8,714 7,089 7,820.8 7,855.4 4,687.5 4,778.3 4,602 4,310.0 3,158.3 1,832.9 1,965.2 1,202.4 1,189.4 1,190.0 1,202.4 978.2 968.6 920.9 543.9 287.9 365.9 217.6
Stockholders' Equity
Common Stock 10,034 1 1 0.6 0.6 0.6 0.6 0 0.6 0.6 0.5 0.4 0.5 0.5 0.5 0.5 0.5 0.5 0.5 0 0 0 0
Retained Earnings 0 5,915 4,563 3,719.4 3,161.9 2,607.7 2,077.2 1,693.3 1,440.1 935.6 1,058.7 1,044.4 795.3 702.6 642.7 584.7 506.3 419.5 318 225.6 149.2 91.8 44.5
Accumulated Other Comprehensive Income 0 (13) (49) (38.5) (97.6) (158.4) (145.8) (143.6) (129.1) (130.7) (75.1) (101.7) (9.0) (8.7) (7.4) 0 0 0 0 0 0 0 0
Total Stockholders' Equity 10,034 9,453 8,034 7,170.5 6,535.3 5,890.7 5,350.8 4,946.4 4,679.6 4,140.0 1,365.2 1,021.7 1,153.4 1,129.8 1,083.0 1,022.2 863.3 774.0 667.7 561.8 481 423.5 376.3
Total Liabilities & Equity 18,711 18,170 15,125 14,993.6 14,393 10,580.8 10,131.6 9,551.4 8,992.5 7,300.9 3,239.3 3,032.5 2,355.9 2,319.2 2,273.0 2,224.6 1,841.4 1,742.6 1,588.6 1,105.7 768.9 789.4 593.9
Debt Metrics
Total Debt 5,323 5,804 4,726 5,428 5,534.1 3,084.8 3,260.2 3,120.4 3,027.2 1,686.2 1,251.3 1,359.6 724.2 718.1 744.9 801.9 646.7 641.7 617.8 312.1 131.4 231.7 110.4
Net Debt 5,256 5,134 3,454 5,070 5,275.7 2,877.5 3,239.2 3,075.5 1,580.8 1,636.2 987.8 1,321.8 562.5 593.0 730.4 800.5 646.7 638.3 603.2 293.4 135.7 234.6 112.6
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Operating Activities
Net Income 1,137 1,996 1,170 867 702.8 721.1 612 470.4 713.4 425.4 192.7 129.2 100.5 86.3 105.4 112.0 125.8 115.6 98.5 78.6 67.6 58.3
Depreciation & Amortization 637 573 507.3 499.4 446.4 0 0 0 0 0 138.3 132.9 139.6 138.7 154.6 136.4 124.8 98.8 79.7 61.2 55.7 42.8
Stock-Based Compensation 46 58 50 43 43 30 34.1 29.3 30.5 20.5 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (92) 211 (151) (216) (115.4) (67.4) (86.4) (192.4) (111.6) (91.7) (19.7) (14.6) 25.1 (34.4) (8.7) (42.6) (17.3) 16.2 13.9 (0.9) 8.9 (16.8)
Other Non-Cash Items 57 (1,334) (12.3) (201.4) (31.3) 322.6 377 312.7 264.4 267.6 0.9 (19.1) (4.7) (11.5) (12.7) (2.3) (6.2) (4.5) (3.6) (4.1) (3.7) (3.9)
Operating Cash Flow 1,785 1,459 1,528 991 1,137.7 1,050.1 966.1 705.1 657.6 688.9 317.8 266.8 277.2 203.6 252.9 212.9 223.7 222.6 195.6 134.9 128.6 79.5
Investing Activities
Capital Expenditure (807) (855) (650) (482) (423.1) (359.7) (393.5) (376) (410.3) (387.3) (221.4) (163.4) (120.6) (152.7) (194.4) (170.8) (214.9) (471.8) (365.5) (83.2) (230.7) (47)
Acquisitions (685) (1,599) 400 698 (3,066.4) 77.2 8.4 (1,573) 23.9 (168.0) (4.7) (5.6) (8.6) (48.0) (221.8) (39.3) 0 0 0 0 0 0
Purchases of Investments 0 0 0 0 0 (111.2) 0 0 0 0 (25) 0 0 0 0 0 0 0 0 0 0 0
Sales/Maturities of Investments 0 0 7.4 7.5 14.9 0 0.6 0.8 0.3 0.3 0 0 0 0 0 0 0 0 0 0 0 0
Other Investing Activities (96) 10 701.6 (707.5) 0 (16) (1.4) 0 0 0 37.2 45.7 29.5 97.7 46.0 8.3 0.3 (34) 32.1 71.8 2.7 (77.7)
Investing Cash Flow (1,588) (2,444) 459 (484) (3,474.6) (409.7) (385.9) (1,948.2) (386.1) (555.0) (213.9) (123.3) (99.8) (102.9) (370.2) (201.8) (214.6) (505.8) (333.4) (11.4) (228) (124.7)
Financing Activities
Net Debt Issuance (118) 1,048 (717) (69) 2,465.5 (152.5) (361.1) 86.4 1,340.3 97.1 (2.8) (2.8) (33.4) (82.1) 154.7 4.0 14.7 302.3 183.5 (103.7) 120.5 (128.2)
Stock Repurchased (450) (450) (150) (150) 0 (64.5) (126.3) (112.3) (111.8) (269.0) (178.8) (71.5) (13.3) 0 0 0 (12.7) 0 0 0 0 (1.3)
Dividends Paid (197) (189) (174) (160) (147.8) (140.3) (129.8) (116.4) (108.9) (105.0) (40.0) (36.5) (33.7) (28.3) (26.9) (25.2) (24.3) (23.2) (22.1) (21.2) (20.3) (10.2)
Other Financing Activities (35) (36) (23) (28) (26.3) 0.3 13.1 (16.1) 5.3 24.6 (0.5) 0 12.6 0 0 0 0 (1.8) (0.9) 0 (1.5) (4.5)
Financing Cash Flow (800) 373 (1,064) (407) 2,291.4 (357) (604.1) (158.4) 1,124.9 (252.3) (188.8) (107.0) (66.8) (109.7) 130.4 (19.3) (20.3) 279.2 160.7 (124.9) 98.7 44.3
Cash Position
Net Change in Cash (603) (612) 923 100 (45.5) 283.4 (23.9) (1,401.5) 1,396.4 (118.4) (84.9) 36.5 110.6 (9.1) 13.2 (8.2) (11.2) (4.1) 23 2.9 2.2 1.2
Cash at Beginning 670 1,282 359 259 304.4 21 44.9 1,446.4 50 168.4 161.6 125.1 14.5 23.6 10.4 3.4 14.6 18.7 (4.3) (2.9) (2.2) (1.2)
Cash at End 67 670 1,282 359 258.9 304.4 21 44.9 1,446.4 50.0 76.7 161.6 125.1 14.5 23.6 (4.8) 3.4 14.6 18.7 0 0 0
Free Cash Flow 978 604 878 509 714.6 690.4 572.6 329.1 247.3 301.7 96.4 103.4 156.5 50.9 58.6 42.1 8.8 (249.2) (169.9) 51.7 (102.1) 32.5
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994
Income Statement
Revenue 6,544 6,536 6,777 6,161 5,414 4,729.9 4,739.1 4,244.3 3,965.6 3,818.7 3,539.6 2,958.0 2,155.6 2,031.9 1,713.6 1,652.8 1,702.6 2,116.4 2,194.9 2,191.1 1,975.3 1,720.4 1,627.5 1,588.6 1,594.4 1,517.5 1,434.1 1,201.5 900.9 721.9 664.4 501.7
Gross Profit 1,962 1,878 2,023 1,423 1,348.4 1,252.8 1,179 966.6 971.9 911.7 726.9 522.4 364.0 327.1 302.0 321.7 337.7 470.5 568.9 525.3 428.9 346.6 313.4 287.5 295.3 303.6 435.4 380.4 315 243.7 222.9 182
Operating Income 1,522 2,707 1,596 1,207 973.8 1,005.4 884.9 690.7 700.4 677.3 494.2 314.9 218.0 156.2 161.0 198.3 187.6 323.4 430.9 390.5 313.8 230.1 199.3 178.5 203.1 202.5 215.3 196.6 162.8 120.7 107.6 91.9
Net Income 1,137 1,995 1,169 867 702.5 721 611.9 470 713.3 425.4 288.8 155.6 121.3 84.5 82.4 97.0 85.5 176.3 262.7 245.4 192.7 129.2 93.6 86.3 105.4 112.0 125.8 115.6 98.5 78.6 67.6 53.7
EPS (Diluted) 18.80 32.41 18.82 13.87 11.22 11.54 9.74 7.43 11.25 6.63 4.29 2.71 2.61 1.83 1.78 2.10 1.91 4.20 6.06 5.29 4.08 2.66 1.91 1.77 2.19 2.39 2.68 2.48 2.13 1.71 1.47 1.19
Balance Sheet
Cash & Equivalents 67 670 1,272 358 258.4 207.3 21 44.9 1,446.4 50.0 263.6 37.8 161.6 125.1 14.5 1.4 0 3.4 14.6 18.7 (4.3) (2.9) (2.2)
Total Assets 18,711 18,170 15,125 14,993.6 14,393 10,580.8 10,131.6 9,551.4 8,992.5 7,300.9 3,239.3 3,032.5 2,355.9 2,319.2 2,273.0 2,224.6 1,841.4 1,742.6 1,588.6 1,105.7 768.9 789.4 593.9
Total Debt 5,323 5,804 4,726 5,428 5,534.1 3,084.8 3,260.2 3,120.4 3,027.2 1,686.2 1,251.3 1,359.6 724.2 718.1 744.9 801.9 646.7 641.7 617.8 312.1 131.4 231.7 110.4
Stockholders' Equity 10,034 9,453 8,034 7,170.5 6,535.3 5,890.7 5,350.8 4,946.4 4,679.6 4,140.0 1,365.2 1,021.7 1,153.4 1,129.8 1,083.0 1,022.2 863.3 774.0 667.7 561.8 481 423.5 376.3
Cash Flow
Operating Cash Flow 1,785 1,459 1,528 991 1,137.7 1,050.1 966.1 705.1 657.6 688.9 317.8 266.8 277.2 203.6 252.9 212.9 223.7 222.6 195.6 134.9 128.6 79.5
Capital Expenditure (807) (855) (650) (482) (423.1) (359.7) (393.5) (376) (410.3) (387.3) (221.4) (163.4) (120.6) (152.7) (194.4) (170.8) (214.9) (471.8) (365.5) (83.2) (230.7) (47)
Free Cash Flow 978 604 878 509 714.6 690.4 572.6 329.1 247.3 301.7 96.4 103.4 156.5 50.9 58.6 42.1 8.8 (249.2) (169.9) 51.7 (102.1) 32.5