Martin Marietta Materials Balance Sheet Health
Financial Health criteria checks 4/6
Martin Marietta Materials has a total shareholder equity of $9.2B and total debt of $4.0B, which brings its debt-to-equity ratio to 44.1%. Its total assets and total liabilities are $16.5B and $7.3B respectively. Martin Marietta Materials's EBIT is $1.4B making its interest coverage ratio 12.4. It has cash and short-term investments of $184.0M.
Key information
44.1%
Debt to equity ratio
US$4.04b
Debt
| Interest coverage ratio | 12.4x |
| Cash | US$184.00m |
| Equity | US$9.17b |
| Total liabilities | US$7.30b |
| Total assets | US$16.47b |
Recent financial health updates
Martin Marietta Materials (NYSE:MLM) Has A Pretty Healthy Balance Sheet
Oct 20
Martin Marietta Materials (NYSE:MLM) Seems To Use Debt Quite Sensibly
Jul 15Here's Why Martin Marietta Materials (NYSE:MLM) Can Manage Its Debt Responsibly
Apr 04Recent updates
Calculating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 05Risks To Shareholder Returns Are Elevated At These Prices For Martin Marietta Materials, Inc. (NYSE:MLM)
Nov 21We Think You Should Be Aware Of Some Concerning Factors In Martin Marietta Materials' (NYSE:MLM) Earnings
Nov 08Martin Marietta Materials: A Spike In Shares After Q3 Results Is A Great Time For A Downgrade
Oct 31Martin Marietta Materials (NYSE:MLM) Has A Pretty Healthy Balance Sheet
Oct 20Is Now The Time To Put Martin Marietta Materials (NYSE:MLM) On Your Watchlist?
Aug 25Martin Marietta: Headwinds, High Valuation Ratios, And Lack Of Insider Buying Activity
Aug 20Earnings Miss: Martin Marietta Materials, Inc. Missed EPS By 11% And Analysts Are Revising Their Forecasts
Aug 11Is Now An Opportune Moment To Examine Martin Marietta Materials, Inc. (NYSE:MLM)?
Jul 29Martin Marietta Materials (NYSE:MLM) Seems To Use Debt Quite Sensibly
Jul 15Calculating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Jul 02Martin Marietta Is Now A Much More Attractive Investment
May 30Martin Marietta Materials' (NYSE:MLM) Solid Profits Have Weak Fundamentals
May 08Does 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 25Martin Marietta Materials: Expensive Valuation, Negligible Dividend Yield
Dec 07Time For An Upgrade For Martin Marietta Materials
Sep 22Martin Marietta Materials: Not A Buy Despite Good Growth Prospects
Jul 11Financial Position Analysis
Short Term Liabilities: MLM's short term assets ($2.3B) exceed its short term liabilities ($993.0M).
Long Term Liabilities: MLM's short term assets ($2.3B) do not cover its long term liabilities ($6.3B).
Debt to Equity History and Analysis
Debt Level: MLM's net debt to equity ratio (42.1%) is considered high.
Reducing Debt: MLM's debt to equity ratio has reduced from 55.1% to 44.1% over the past 5 years.
Debt Coverage: MLM's debt is well covered by operating cash flow (32.9%).
Interest Coverage: MLM's interest payments on its debt are well covered by EBIT (12.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 15:06 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Martin Marietta Materials, Inc. is covered by 40 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Grace | Avondale Partners |
| Ishan Majumdar | Baptista Research |
| Adam Seiden | Barclays |