Stocks · Materials · Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Martin Marietta Materials

MLM Clue Score58
United States Fiscal year ends December CIK 0000916076
$478.35 -0.67% Close, 9 Oct 2026
Price $478.35 +36.48% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue3.82Operating income0.68Net income0.43EPS, diluted6.63Fiscal year 2017Revenue3.97 +3.8%Operating income0.70Net income0.71 +67.7%EPS, diluted11.25 +69.7%Fiscal year 2018Revenue4.24 +7.0%Operating income0.69Net income0.47 −34.1%EPS, diluted7.43 −34.0%Fiscal year 2019Revenue4.74 +11.7%Operating income0.88Net income0.61 +30.2%EPS, diluted9.74 +31.1%Fiscal year 2020Revenue4.73 −0.2%Operating income1.01Net income0.72 +17.8%EPS, diluted11.54 +18.5%Fiscal year 2021Revenue5.41 +14.5%Operating income0.97Net income0.70 −2.6%EPS, diluted11.22 −2.8%Fiscal year 2022Revenue6.16 +13.8%Operating income1.21Net income0.87 +23.4%EPS, diluted13.87 +23.6%Fiscal year 2023Revenue5.85 −5.0%Operating income1.33Net income1.17 +34.8%EPS, diluted18.82 +35.7%Fiscal year 2024Revenue5.66 −3.2%Operating income2.48Net income2.00 +70.7%EPS, diluted32.41 +72.2%Fiscal year 2025Revenue6.15 +8.6%Operating income1.44Net income1.14 −43.0%EPS, diluted18.77 −42.1%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 3.82 3.97 4.24 4.74 4.73 5.41 6.16 5.85 5.66 6.15
Growth +3.8% +7.0% +11.7% −0.2% +14.5% +13.8% −5.0% −3.2% +8.6%
Operating income 0.68 0.70 0.69 0.88 1.01 0.97 1.21 1.33 2.48 1.44
Net income 0.43 0.71 0.47 0.61 0.72 0.70 0.87 1.17 2.00 1.14
Growth +67.7% −34.1% +30.2% +17.8% −2.6% +23.4% +34.8% +70.7% −43.0%
EPS, diluted 6.63 11.25 7.43 9.74 11.54 11.22 13.87 18.82 32.41 18.77
Growth +69.7% −34.0% +31.1% +18.5% −2.8% +23.6% +35.7% +72.2% −42.1%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin23.9%Operating margin17.7%Net margin11.1%Free cash flow margin7.9%Fiscal year 2017Gross margin24.5%Operating margin17.7%Net margin18.0%Free cash flow margin6.2%Fiscal year 2018Gross margin22.8%Operating margin16.3%Net margin11.1%Free cash flow margin7.8%Fiscal year 2019Gross margin24.9%Operating margin18.7%Net margin12.9%Free cash flow margin12.1%Fiscal year 2020Gross margin26.5%Operating margin21.3%Net margin15.2%Free cash flow margin14.6%Fiscal year 2021Gross margin24.9%Operating margin18.0%Net margin13.0%Free cash flow margin13.2%Fiscal year 2022Gross margin23.1%Operating margin19.6%Net margin14.1%Free cash flow margin8.3%Fiscal year 2023Gross margin29.8%Operating margin22.8%Net margin20.0%Free cash flow margin15.0%Fiscal year 2024Gross margin28.9%Operating margin43.8%Net margin35.2%Free cash flow margin10.7%Fiscal year 2025Gross margin30.7%Operating margin23.4%Net margin18.5%Free cash flow margin15.9%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin 23.9% 24.5% 22.8% 24.9% 26.5% 24.9% 23.1% 29.8% 28.9% 30.7%
Operating margin 17.7% 17.7% 16.3% 18.7% 21.3% 18.0% 19.6% 22.8% 43.8% 23.4%
Net margin 11.1% 18.0% 11.1% 12.9% 15.2% 13.0% 14.1% 20.0% 35.2% 18.5%
Free cash flow margin 7.9% 6.2% 7.8% 12.1% 14.6% 13.2% 8.3% 15.0% 10.7% 15.9%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow0.69Capital expenditure−0.39Free cash flow0.30Buybacks−0.26Dividends paid−0.11Fiscal year 2017Operating cash flow0.66Capital expenditure−0.41Free cash flow0.25 −18.0%Buybacks−0.10Dividends paid−0.11Fiscal year 2018Operating cash flow0.71Capital expenditure−0.38Free cash flow0.33 +33.1%Buybacks−0.10Dividends paid−0.12Fiscal year 2019Operating cash flow0.97Capital expenditure−0.39Free cash flow0.57 +74.0%Buybacks−0.10Dividends paid−0.13Fiscal year 2020Operating cash flow1.05Capital expenditure−0.36Free cash flow0.69 +20.6%Buybacks−0.05Dividends paid−0.14Fiscal year 2021Operating cash flow1.14Capital expenditure−0.42Free cash flow0.71 +3.5%Buybacks0.00Dividends paid−0.15Fiscal year 2022Operating cash flow0.99Capital expenditure−0.48Free cash flow0.51 −28.8%Buybacks−0.15Dividends paid−0.16Fiscal year 2023Operating cash flow1.53Capital expenditure−0.65Free cash flow0.88 +72.5%Buybacks−0.15Dividends paid−0.17Fiscal year 2024Operating cash flow1.46Capital expenditure−0.86Free cash flow0.60 −31.2%Buybacks−0.45Dividends paid−0.19Fiscal year 2025Operating cash flow1.79Capital expenditure−0.81Free cash flow0.98 +61.9%Buybacks−0.45Dividends paid−0.20
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 0.69 0.66 0.71 0.97 1.05 1.14 0.99 1.53 1.46 1.79
Capital expenditure −0.39 −0.41 −0.38 −0.39 −0.36 −0.42 −0.48 −0.65 −0.86 −0.81
Free cash flow 0.30 0.25 0.33 0.57 0.69 0.71 0.51 0.88 0.60 0.98
Growth −18.0% +33.1% +74.0% +20.6% +3.5% −28.8% +72.5% −31.2% +61.9%
Buybacks −0.26 −0.10 −0.10 −0.10 −0.05 0.00 −0.15 −0.15 −0.45 −0.45
Dividends paid −0.11 −0.11 −0.12 −0.13 −0.14 −0.15 −0.16 −0.17 −0.19 −0.20

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.05Total debt1.69Net cash (debt)−1.64Shareholders’ equity4.14Debt to equity0.41Fiscal year 2017Cash1.45Total debt3.03Net cash (debt)−1.58Shareholders’ equity4.68Debt to equity0.65Fiscal year 2018Cash0.04Total debt3.12Net cash (debt)−3.08Shareholders’ equity4.95Debt to equity0.63Fiscal year 2019Cash0.02Total debt2.77Net cash (debt)−2.75Shareholders’ equity5.35Debt to equity0.52Fiscal year 2020Cash0.21Total debt2.63Net cash (debt)−2.42Shareholders’ equity5.89Debt to equity0.45Fiscal year 2021Cash0.26Total debt5.10Net cash (debt)−4.84Shareholders’ equity6.54Debt to equity0.78Fiscal year 2022Cash0.36Total debt5.04Net cash (debt)−4.68Shareholders’ equity7.17Debt to equity0.70Fiscal year 2023Cash1.27Total debt4.35Net cash (debt)−3.07Shareholders’ equity8.03Debt to equity0.54Fiscal year 2024Cash0.67Total debt5.41Net cash (debt)−4.74Shareholders’ equity9.45Debt to equity0.57Fiscal year 2025Cash0.07Total debt5.32Net cash (debt)−5.26Shareholders’ equity10.03Debt to equity0.53
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.05 1.45 0.04 0.02 0.21 0.26 0.36 1.27 0.67 0.07
Total debt 1.69 3.03 3.12 2.77 2.63 5.10 5.04 4.35 5.41 5.32
Net cash (debt) −1.64 −1.58 −3.08 −2.75 −2.42 −4.84 −4.68 −3.07 −4.74 −5.26
Shareholders’ equity 4.14 4.68 4.95 5.35 5.89 6.54 7.17 8.03 9.45 10.03
Debt to equity 0.41 0.65 0.63 0.52 0.45 0.78 0.70 0.54 0.57 0.53

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Balance sheet

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Assets
0.05 1.45 0.04 0.02 0.21 0.26 0.36 1.27 0.67 0.07
n/a 0.49 0.52 0.57 0.58 0.77 0.79 0.75 0.68 0.72
0.52 0.60 0.66 0.69 0.71 0.75 0.87 0.99 1.02 1.08
3.42 3.59 5.16 5.21 5.24 6.34 6.32 6.19 9.66 10.29
2.16 2.16 2.40 2.40 2.41 3.49 3.65 3.39 3.39 3.61
7.30 8.99 9.55 10.13 10.58 14.39 14.99 15.13 18.17 18.71
Growth +23.2% +6.2% +6.1% +4.4% +36.0% +4.2% +0.9% +20.1% +3.0%
Liabilities
0.18 0.30 0.39 0.34 n/a 0.00 0.70 0.40 0.13 0.03
1.51 2.73 2.73 2.43 2.63 5.10 4.34 3.95 5.29 5.29
calc 1.69 3.03 3.12 2.77 2.63 5.10 5.04 4.35 5.41 5.32
3.16 4.31 4.60 4.78 4.69 7.86 7.82 7.09 8.71 8.68
Equity
0.94 1.44 1.69 2.08 2.61 3.16 3.72 4.56 5.92 6.40
4.14 4.68 4.95 5.35 5.89 6.54 7.17 8.03 9.45 10.03
Growth +13.0% +5.7% +8.2% +10.1% +10.9% +9.7% +12.0% +17.7% +6.1%
Per share and net cash
calc −1.64 −1.58 −3.08 −2.75 −2.42 −4.84 −4.68 −3.07 −4.74 −5.26
62.9 62.9 62.5 62.4 62.3 62.4 62.1 61.8 61.1 60.3
calc 65.85 74.43 79.14 85.75 94.55 104.73 115.46 129.95 154.65 166.34

Lines marked calc are worked out here from filed figures; point at one for how.