Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It operates through East Group and West Group segments. The company offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; and paving products and services for use in the infrastructure projects, and nonresidential and residential construction projects, as well as in the railroad, agricultural, utility, and environmental industries. It also produces magnesia-based chemicals products, and dolomitic lime primarily to customers for steel production and soil stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other applications. The company was founded in 1939 and is based in Raleigh, North Carolina.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $6.2B | $2.1B | $1.1B | $978M | 11.3% | 8.6% | -43.0% |
| 2024 | $5.7B | $3.1B | $2.0B | $604M | 21.1% | -3.2% | 70.7% |
| 2023 | $5.9B | $1.9B | $1.2B | $878M | 14.6% | -5.0% | 34.8% |
| 2022 | $6.2B | $1.8B | $867M | $509M | 12.1% | - | - |
| 2021 |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 6,161 | 5,851 | 5,662 | 6,150 |
| Cost Of Revenue | - | 4,738 | 4,106 | 4,026 | 4,261 |
| Gross Profit | - | 1,423 | 1,745 | 1,636 | 1,889 |
| Operating Expense | - | 207 | 420 | 385 | 434 |
| Operating Income | - | 1,216 | 1,325 | 1,251 | 1,455 |
| EBITDA | - | 1,766 | 1,904 | 3,108 | 2,093 |
| EBIT | - | 1,260 | 1,391 | 2,535 | 1,456 |
| Pretax Income | - | 1,091 | 1,226 | 2,366 | 1,226 |
| Tax Provision | - | 235 | 234 | 550 | 236 |
| Net Income | - | 867 | 1,169 | 1,995 | 1,137 |
| Net Income Common Stockholders | - | 867 | 1,169 | 1,995 | 1,137 |
| Total Expenses | - | 4,945 | 4,526 | 4,411 | 4,695 |
| Interest Expense | - | 169 | 165 | 169 | 230 |
| Selling General And Administration | - | 397 | 425 | 429 | 443 |
| Normalized EBITDA | - | 1,775 | 1,896 | 1,880 | 2,111 |
| Normalized Income | - | 863.06 | 984.53 | 871.90 | 1,004.54 |
| Market Cap | 37,110 | 37,110 | 37,110 | 37,110 | 37,110 |
Basic Materials sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Martin Marietta Materials, Inc.this co. | MLM | $37.2B | 32.64β premium | 3.70 | 11.3% | 20.42 |
| CRH plc | CRH | $79.4B | 21.14 | 3.28 | 15.5% | 12.16 |
| Ecolab Inc. | ECL | $76.3B | 36.67 | 7.79 | 21.2% | 22.05 |
| Corteva, Inc. | CTVA | $54.6B | 48.97 | 2.22 | 4.5% | 16.81 |
| Nucor Corporation | NUE | $49.6B |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| 27.98 |
| 2.33 |
| 8.3% |
| 12.72 |
| Vulcan Materials Company | VMC | $38.5B | 35.42 | 4.47 | 12.6% | 18.17 |
| Steel Dynamics, Inc. | STLD | $33.5B | 27.71 | 3.67 | 13.2% | 17.17 |
| PPG Industries, Inc. | PPG | $24.9B | 15.59 | 3.09 | 19.8% | 10.77 |
| CF Industries Holdings, Inc. | CF | $19.6B | 12.77 | 3.84 | 30.1% | 6.16 |
| Peer Median | - | 27.85 | 3.48 | 14.4% | 14.77 | |