Martin Marietta Materials Past Earnings Performance
Past criteria checks 5/6
Martin Marietta Materials has been growing earnings at an average annual rate of 20.9%, while the Basic Materials industry saw earnings growing at 21.2% annually. Revenues have been growing at an average rate of 11.4% per year. Martin Marietta Materials's return on equity is 23.8%, and it has net margins of 31.6%.
Key information
20.9%
Earnings growth rate
21.1%
EPS growth rate
| Basic Materials Industry Growth | 20.0% |
| Revenue growth rate | 11.4% |
| Return on equity | 23.8% |
| Net Margin | 31.6% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Martin Marietta Is Now A Much More Attractive Investment
May 30Martin Marietta Materials' (NYSE:MLM) Solid Profits Have Weak Fundamentals
May 08
Does Martin Marietta Materials (NYSE:MLM) Deserve A Spot On Your Watchlist?
May 01Some Shareholders Feeling Restless Over Martin Marietta Materials, Inc.'s (NYSE:MLM) P/E Ratio
Apr 17Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Apr 04Is There Now An Opportunity In Martin Marietta Materials, Inc. (NYSE:MLM)?
Mar 21Martin Marietta: An Impressive Investment Case, But Shares Appear Fully Valued
Mar 15Here's What Analysts Are Forecasting For Martin Marietta Materials, Inc. (NYSE:MLM) After Its Annual Results
Feb 27Martin Marietta Materials: Adding More Aggregates, But Issues Linger
Feb 13Here's Why Martin Marietta Materials (NYSE:MLM) Has Caught The Eye Of Investors
Jan 12Risks To Shareholder Returns Are Elevated At These Prices For Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 25Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Dec 07Martin Marietta Materials: Expensive Valuation, Negligible Dividend Yield
Dec 07We Think Martin Marietta Materials (NYSE:MLM) Can Stay On Top Of Its Debt
Nov 06Do Martin Marietta Materials' (NYSE:MLM) Earnings Warrant Your Attention?
Oct 06Time For An Upgrade For Martin Marietta Materials
Sep 22A Look At The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Sep 21Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Sep 03Does Martin Marietta Materials (NYSE:MLM) Have A Healthy Balance Sheet?
Aug 01Martin Marietta Materials: Not A Buy Despite Good Growth Prospects
Jul 11Does Martin Marietta Materials (NYSE:MLM) Deserve A Spot On Your Watchlist?
Jun 29Is Martin Marietta Materials, Inc. (NYSE:MLM) Worth US$427 Based On Its Intrinsic Value?
Jun 11Is It Too Late To Consider Buying Martin Marietta Materials, Inc. (NYSE:MLM)?
May 25Is Martin Marietta Materials (NYSE:MLM) A Risky Investment?
Apr 24If EPS Growth Is Important To You, Martin Marietta Materials (NYSE:MLM) Presents An Opportunity
Mar 27Estimating The Intrinsic Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Mar 13Martin Marietta Materials: Revenue Growth Hides The Real Picture
Feb 22Martin Marietta Materials reports Q4 earnings; initiates FY23 outlook
Feb 15Why Martin Marietta Materials, Inc. (NYSE:MLM) Could Be Worth Watching
Feb 13Martin Marietta Materials: Valuation Still Remains Expensive For 2023
Feb 09These 4 Measures Indicate That Martin Marietta Materials (NYSE:MLM) Is Using Debt Reasonably Well
Jan 16Here's Why We Think Martin Marietta Materials (NYSE:MLM) Might Deserve Your Attention Today
Dec 18Calculating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 04Martin Marietta Materials declares $0.66 dividend
Nov 10Martin Marietta Materials: Still Not The Greatest Opportunity Out There
Oct 28Is Now An Opportune Moment To Examine Martin Marietta Materials, Inc. (NYSE:MLM)?
Oct 26Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Sep 20Is There An Opportunity With Martin Marietta Materials, Inc.'s (NYSE:MLM) 25% Undervaluation?
Sep 02Martin Marietta Materials raises dividend by 8% to $0.66/share
Aug 10Revenue & Expenses Breakdown
Revenue & Expenses Breakdown
How Martin Marietta Materials makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 24 | 6,674 | 2,111 | 443 | 0 |
| 31 Dec 23 | 6,777 | 1,200 | 429 | 0 |
| 30 Sep 23 | 6,645 | 1,099 | 407 | 0 |
| 30 Jun 23 | 6,463 | 960 | 394 | 0 |
| 31 Mar 23 | 6,284 | 966 | 384 | 0 |
| 31 Dec 22 | 6,161 | 856 | 374 | 0 |
| 30 Sep 22 | 6,089 | 825 | 377 | 0 |
| 30 Jun 22 | 5,740 | 789 | 365 | 0 |
| 31 Mar 22 | 5,394 | 661 | 345 | 0 |
| 31 Dec 21 | 5,414 | 702 | 329 | 0 |
| 30 Sep 21 | 4,791 | 729 | 324 | 0 |
| 30 Jun 21 | 4,569 | 768 | 312 | 0 |
| 31 Mar 21 | 4,463 | 760 | 301 | 0 |
| 31 Dec 20 | 4,432 | 720 | 302 | 0 |
| 30 Sep 20 | 4,346 | 669 | 287 | 0 |
| 30 Jun 20 | 4,428 | 623 | 298 | 0 |
| 31 Mar 20 | 4,435 | 594 | 306 | 0 |
| 31 Dec 19 | 4,422 | 611 | 308 | 0 |
| 30 Sep 19 | 4,354 | 574 | 303 | 0 |
| 30 Jun 19 | 4,173 | 506 | 295 | 0 |
| 31 Mar 19 | 4,105 | 502 | 290 | 0 |
| 31 Dec 18 | 3,980 | 469 | 284 | 0 |
| 30 Sep 18 | 3,936 | 751 | 282 | 0 |
| 30 Jun 18 | 3,816 | 722 | 271 | 0 |
| 31 Mar 18 | 3,684 | 679 | 274 | 0 |
| 31 Dec 17 | 3,724 | 711 | 271 | 0 |
| 30 Sep 17 | 3,701 | 434 | 271 | 0 |
| 30 Jun 17 | 3,717 | 441 | 265 | 0 |
| 31 Mar 17 | 3,635 | 421 | 253 | 0 |
| 31 Dec 16 | 3,579 | 424 | 253 | 0 |
| 30 Sep 16 | 3,469 | 408 | 230 | 0 |
| 30 Jun 16 | 3,435 | 366 | 230 | 0 |
| 31 Mar 16 | 3,370 | 327 | 227 | 0 |
| 31 Dec 15 | 3,268 | 288 | 211 | 0 |
| 30 Sep 15 | 3,267 | 268 | 271 | 0 |
| 30 Jun 15 | 3,180 | 205 | 264 | 0 |
| 31 Mar 15 | 2,931 | 181 | 244 | 0 |
| 31 Dec 14 | 2,679 | 155 | 169 | 0 |
| 30 Sep 14 | 2,391 | 128 | 202 | 0 |
| 30 Jun 14 | 2,073 | 146 | 190 | 0 |
| 31 Mar 14 | 1,979 | 128 | 199 | 0 |
| 31 Dec 13 | 1,943 | 122 | 195 | 0 |
| 30 Sep 13 | 1,908 | 107 | 226 | 0 |
| 30 Jun 13 | 1,845 | 98 | 222 | 0 |
Quality Earnings: MLM has a large one-off gain of $1.3B impacting its last 12 months of financial results to 31st March, 2024.
Growing Profit Margin: MLM's current net profit margins (31.6%) are higher than last year (15.4%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MLM's earnings have grown significantly by 20.9% per year over the past 5 years.
Accelerating Growth: MLM's earnings growth over the past year (118.6%) exceeds its 5-year average (20.9% per year).
Earnings vs Industry: MLM earnings growth over the past year (118.6%) exceeded the Basic Materials industry 51.5%.
Return on Equity
High ROE: MLM's Return on Equity (23.8%) is considered high.