Martin Marietta Materials Management
Management criteria checks 2/4
Martin Marietta Materials' CEO is Ward Nye, appointed in Aug 2006, has a tenure of 18.33 years. total yearly compensation is $18.49M, comprised of 7% salary and 93% bonuses, including company stock and options. directly owns 0.33% of the company’s shares, worth $108.34M. The average tenure of the management team and the board of directors is 6.5 years and 7.2 years respectively.
Key information
Ward Nye
Chief executive officer
US$18.5m
Total compensation
| CEO salary percentage | 7.0% |
| CEO tenure | 18.3yrs |
| CEO ownership | 0.3% |
| Management average tenure | 6.5yrs |
| Board average tenure | 7.2yrs |
Recent management updates
Recent updates
Calculating The Fair Value Of Martin Marietta Materials, Inc. (NYSE:MLM)
Dec 05
Risks 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 11CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Sep 30 2024 | n/a | n/a | US$2b |
| Jun 30 2024 | n/a | n/a | US$2b |
| Mar 31 2024 | n/a | n/a | US$2b |
| Dec 31 2023 | US$18m | US$1m | US$1b |
| Sep 30 2023 | n/a | n/a | US$1b |
| Jun 30 2023 | n/a | n/a | US$960m |
| Mar 31 2023 | n/a | n/a | US$966m |
| Dec 31 2022 | US$13m | US$1m | US$856m |
| Sep 30 2022 | n/a | n/a | US$825m |
| Jun 30 2022 | n/a | n/a | US$789m |
| Mar 31 2022 | n/a | n/a | US$661m |
| Dec 31 2021 | US$15m | US$1m | US$702m |
| Sep 30 2021 | n/a | n/a | US$729m |
| Jun 30 2021 | n/a | n/a | US$768m |
| Mar 31 2021 | n/a | n/a | US$760m |
| Dec 31 2020 | US$13m | US$1m | US$720m |
| Sep 30 2020 | n/a | n/a | US$669m |
| Jun 30 2020 | n/a | n/a | US$623m |
| Mar 31 2020 | n/a | n/a | US$594m |
| Dec 31 2019 | US$12m | US$1m | US$611m |
| Sep 30 2019 | n/a | n/a | US$574m |
| Jun 30 2019 | n/a | n/a | US$506m |
| Mar 31 2019 | n/a | n/a | US$502m |
| Dec 31 2018 | US$9m | US$1m | US$469m |
| Sep 30 2018 | n/a | n/a | US$751m |
| Jun 30 2018 | n/a | n/a | US$722m |
| Mar 31 2018 | n/a | n/a | US$679m |
| Dec 31 2017 | US$9m | US$1m | US$711m |
Compensation vs Market: Ward's total compensation ($USD18.49M) is above average for companies of similar size in the US market ($USD12.88M).
Compensation vs Earnings: Ward's compensation has increased by more than 20% in the past year.
CEO
Ward Nye (61 yo)
18.3yrs
Tenure
US$18,488,885
Compensation
Mr. C. Howard Nye, also known as Ward, has been the Chief Executive Officer and President of Martin Marietta Materials, Inc. since January 1, 2010 and August 10, 2006 respectively. Mr. Nye serves as Presid...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 18.3yrs | US$18.49m | 0.33% $ 108.3m | |
| Executive VP & CFO | 7.3yrs | US$4.30m | 0.033% $ 10.8m | |
| Senior VP | 5.6yrs | US$2.31m | 0.0083% $ 2.7m | |
| Executive VP | 27.9yrs | US$5.28m | 0.097% $ 31.7m | |
| Senior Vice President of Strategy & Development | 3.3yrs | US$2.03m | 0.011% $ 3.6m | |
| Vice President of Investor Relations | no data | no data | no data | |
| Executive VP & Chief Human Resources Officer | less than a year | US$1.75m | 0.0032% $ 1.1m | |
| President of Cement & Southwest Ready Mix | no data | no data | no data | |
| Senior Vice President of Enterprise Excellence | no data | no data | 0.0057% $ 1.8m | |
| East Division President | no data | no data | no data | |
| West Division President | no data | no data | no data | |
| Director of Investor Relations | no data | no data | no data |
6.5yrs
Average Tenure
61yo
Average Age
Experienced Management: MLM's management team is seasoned and experienced (6.5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman | 14.9yrs | US$18.49m | 0.33% $ 108.3m | |
| Independent Director | 8.6yrs | US$294.41k | 0.0073% $ 2.4m | |
| Lead Independent Director | 8.3yrs | US$346.55k | 0.018% $ 5.9m | |
| Independent Director | 22.9yrs | US$398.29k | 0.040% $ 13.0m | |
| Independent Director | 20.2yrs | US$349.97k | 0.026% $ 8.6m | |
| Independent Director | 4.6yrs | US$301.61k | 0.0032% $ 1.0m | |
| Independent Director | 6.1yrs | US$295.91k | 0.0059% $ 1.9m | |
| Independent Director | less than a year | no data | 0.00048% $ 156.6k | |
| Independent Director | 5.4yrs | US$276.72k | 0.0066% $ 2.1m | |
| Independent Director | 4.1yrs | US$282.34k | 0.0033% $ 1.1m |
7.2yrs
Average Tenure
64.5yo
Average Age
Experienced Board: MLM's board of directors are considered experienced (7.2 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:06 |
| End of Day Share Price | 2024/12/20 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 |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| 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 |