Martin Marietta Materials Past Earnings Performance

Past criteria checks 5/6

Martin Marietta Materials has been growing earnings at an average annual rate of 15.6%, while the Basic Materials industry saw earnings growing at 9% annually. Revenues have been growing at an average rate of 10.5% per year. Martin Marietta Materials's return on equity is 14.9%, and it has net margins of 17.7%.

Key information

15.6%

Earnings growth rate

15.8%

EPS growth rate

Basic Materials Industry Growth	11.4%
Revenue growth rate	10.5%
Return on equity	14.9%
Net Margin	17.7%
Next Earnings Update	30 Apr 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown
Beta

How Martin Marietta Materials makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

LSE:0JZ0 Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
31 Dec 23	6,777	1,200	429
30 Sep 23	6,215	1,100	408
30 Jun 23	6,033	961	396
31 Mar 23	5,854	966	385
31 Dec 22	6,161	856	374
30 Sep 22	6,089	825	377
30 Jun 22	5,740	789	365
31 Mar 22	5,394	661	345
31 Dec 21	5,414	702	329
30 Sep 21	4,791	729	324
30 Jun 21	4,569	768	312
31 Mar 21	4,463	760	301
31 Dec 20	4,432	720	302
30 Sep 20	4,346	669	287
30 Jun 20	4,428	623	298
31 Mar 20	4,435	594	306
31 Dec 19	4,422	611	308
30 Sep 19	4,354	574	303
30 Jun 19	4,173	506	295
31 Mar 19	4,105	502	290
31 Dec 18	3,980	469	284
30 Sep 18	3,936	751	282
30 Jun 18	3,816	722	271
31 Mar 18	3,684	679	274
31 Dec 17	3,724	711	271
30 Sep 17	3,701	434	271
30 Jun 17	3,717	441	265
31 Mar 17	3,635	421	253
31 Dec 16	3,579	424	253
30 Sep 16	3,469	408	230
30 Jun 16	3,435	366	230
31 Mar 16	3,370	327	227
31 Dec 15	3,268	288	211
30 Sep 15	3,267	268	271
30 Jun 15	3,180	205	264
31 Mar 15	2,931	181	244
31 Dec 14	2,679	155	169
30 Sep 14	2,391	128	202
30 Jun 14	2,073	146	190
31 Mar 14	1,979	128	199
31 Dec 13	1,943	122	195
30 Sep 13	1,908	107	226
30 Jun 13	1,845	98	222

Quality Earnings: 0JZ0 has high quality earnings.

Growing Profit Margin: 0JZ0's current net profit margins (17.7%) are higher than last year (13.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: 0JZ0's earnings have grown by 15.6% per year over the past 5 years.

Accelerating Growth: 0JZ0's earnings growth over the past year (40.1%) exceeds its 5-year average (15.6% per year).

Earnings vs Industry: 0JZ0 earnings growth over the past year (40.1%) exceeded the Basic Materials industry -30.6%.

Return on Equity

High ROE: 0JZ0's Return on Equity (14.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Price

Mkt cap

E.Growth

Analysts Target

Martin Marietta Materials Past Earnings Performance

Past criteria checks 5/6

Key information

Recent past performance updates

Martin Marietta Materials, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022)

Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022)

Martin Marietta Materials, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Third quarter 2023 earnings released: EPS: US$6.96 (vs US$4.67 in 3Q 2022)

Martin Marietta Materials, Inc. to Report Q3, 2023 Results on Nov 01, 2023

Recent updates

Martin Marietta Materials, Inc., Annual General Meeting, May 16, 2024

Martin Marietta Materials, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Executive VP recently sold US$6.0m worth of stock

Chairman recently sold US$12m worth of stock

Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022)

Fourth quarter dividend of US$0.74 announced

Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2024

Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022)

Martin Marietta Materials, Inc. Provides Earnings Guidance for the Year 2024

CRH Americas Materials, Inc. completed the acquisition of Martin Marietta South Texas Cement, LLC and Martin Marietta’s South Texas ready-mix concrete operations from Martin Marietta Materials, Inc. (NYSE:MLM).

CRH Americas Materials, Inc. completed the acquisition of Martin Marietta South Texas Cement, LLC and Martin Marietta’s South Texas ready-mix concrete operations from Martin Marietta Materials, Inc. (NYSE:MLM).

Martin Marietta Materials, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Martin Marietta Materials, Inc. (NYSE:MLM) completed the acquisition of Albert Frei & Sons, Inc.

CRH Americas Materials, Inc. entered into a definitive agreement to acquire Portfolio of cement and readymixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE:MLM) for $2.1 billion.

Upcoming dividend of US$0.74 per share at 0.6% yield

CRH Americas Materials, Inc. reached an agreement to acquire portfolio of cement and ready mixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE : MLM) for $2.1 billion.

CRH Americas Materials, Inc. entered into a definitive agreement to acquire Portfolio of cement and readymixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE:MLM) for $2.1 billion.

Martin Marietta Declares Quarterly Cash Dividend, Payable on December 29, 2023

Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$6.96 (vs US$4.67 in 3Q 2022)

Martin Marietta Materials, Inc. to Report Q3, 2023 Results on Nov 01, 2023

UNACEM Corp S.A.A. (BVL:UNACEMC1) entered into a definitive agreement to acquire Certain West Coast Cement Operations from Martin Marietta Materials, Inc. (NYSE:MLM) for approximately $320 million.

Upcoming dividend of US$0.74 per share at 0.7% yield

Martin Marietta Materials, Inc. Announces Quarterly Cash Dividend, Payable on September 29, 2023

Now 20% undervalued

Second quarter 2023 earnings released: EPS: US$5.62 (vs US$5.66 in 2Q 2022)

Martin Marietta Materials, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Martin Marietta Materials, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Martin Marietta Materials, Inc.(NYSE:MLM) dropped from Russell 1000 Growth Index

Insufficient new directors

Upcoming dividend of US$0.66 per share at 0.7% yield

Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023

Martin Marietta Materials, Inc. Provides Revenue Guidance for the Year 2023

First quarter 2023 earnings released: EPS: US$2.16 (vs US$0.39 in 1Q 2022)

Full year 2022 earnings released: EPS: US$13.75 (vs US$11.25 in FY 2021)

Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2023

Martin Marietta Materials, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Now 23% undervalued

Upcoming dividend of US$0.66 per share

Independent Director recently sold US$599k worth of stock

Martin Marietta Materials, Inc. Declares Regular Quarterly Cash Dividend on the Outstanding Common Stock, Payable December 30, 2022

Now 22% undervalued after recent price drop

Third quarter 2022 earnings released: EPS: US$4.67 (vs US$4.08 in 3Q 2021)

Martin Marietta Materials, Inc. Provides Earnings Guidance for the Full Year 2022

Martin Marietta Materials, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Upcoming dividend of US$0.66 per share

Martin Marietta Materials, Inc. Increases Quarterly Cash Dividend, Payable September 30, 2022

CalPortland Company agreed to acquire Cement Plant and Related Distribution Terminals in California of Martin Marietta Material for $350 million.

Second quarter 2022 earnings released: EPS: US$5.66 (vs US$3.62 in 2Q 2021)

Martin Marietta Materials, Inc. Provides Earnings Guidance for the Full Year 2022

Martin Marietta Materials, Inc. to Report Q2, 2022 Results on Jul 28, 2022

CalPortland Company, Inc. acquired Certain West Coast Cement and Ready Mixed Concrete Operations of Martin Marietta Materials, Inc. for $250 million.

Upcoming dividend of US$0.61 per share

Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2022

Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: US$0.39 (vs US$1.05 in 1Q 2021)

Martin Marietta Materials, Inc., Annual General Meeting, May 12, 2022

Martin Marietta Materials, Inc. to Report Q1, 2022 Results on May 03, 2022

CalPortland Company, Inc. entered into an agreement to acquire Certain West Coast Cement and Ready Mixed Concrete Operations of Martin Marietta Materials, Inc. for $250 million.

Upcoming dividend of US$0.61 per share

Martin Marietta Declares Quarterly Cash Dividend, Payable on March 31, 2022

Martin Marietta Materials, Inc. Provides Earnings Guidance for the Year 2022

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Martin Marietta Materials, Inc. to Report Q4, 2021 Results on Feb 10, 2022

Upcoming dividend of US$0.61 per share

Third quarter 2021 earnings released: EPS US$4.08 (vs US$4.72 in 3Q 2020)

Upcoming dividend of US$0.61 per share

Second quarter 2021 earnings released: EPS US$3.62 (vs US$3.49 in 2Q 2020)

Martin Marietta Materials, Inc. (NYSE:MLM) entered into a definitive agreement to acquire Lehigh West Region Business from Lehigh Cement Company LLC, HMBA Holdings LLC and Lehigh Southwest Cement Company for $2.3 billion.

Revenue & Expenses Breakdown
Beta