Martin Marietta Materials (MLM)
(Delayed Data from NYSE)
$575.89 USD
-11.24 (-1.91%)
Updated Apr 19, 2024 04:00 PM ET
After-Market: $575.98 +0.09 (0.02%) 6:56 PM ET
3-Hold of 5 3
D Value B Growth B Momentum B VGM
Company Summary
Based in Raleigh, NC, Martin Marietta Materials, Inc. produces and supplies construction aggregates and other heavy building materials, mainly cement, in the United States. The end uses of the company’s aggregates and cement are infrastructure, private residential and private non-residential construction. Railroad, agricultural, utility and environmental industries also use these products. The company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 350 quarries, mines and distribution yards in 28 states, Canada and the Bahamas.
The company’s total revenues include sales of products and services to ...
Company Summary
Based in Raleigh, NC, Martin Marietta Materials, Inc. produces and supplies construction aggregates and other heavy building materials, mainly cement, in the United States. The end uses of the company’s aggregates and cement are infrastructure, private residential and private non-residential construction. Railroad, agricultural, utility and environmental industries also use these products. The company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 350 quarries, mines and distribution yards in 28 states, Canada and the Bahamas.
The company’s total revenues include sales of products and services to customers (net of any discounts or allowances) and freight revenues.
Building Materials (accounting for 96.8% of 2023 total revenues): The Building Materials business includes aggregates, cement, ready mixed concrete, asphalt and paving product lines. Within the Building Materials business segment, the company modified the reportable segments to the East Group — previously reported in the Mid-America and Southeast — and West Group, effective Jul 1, 2020.
Magnesia Specialties (4.7%): The segment produces magnesia-based chemicals products used in industrial, agricultural and environmental applications and dolomitic lime sold primarily to customers in the steel industry.
Consistent with its SOAR (Strategic Operating Analysis and Review) 2025 plan, Martin Marietta divested its Colorado and Central Texas ready-mixed concrete businesses and certain West Coast cement and ready-mixed concrete operations in 2022. The move helps MLM in refining its product mix and improving margin profiles, while providing balance sheet flexibility.
General Information
Martin Marietta Materials, Inc
4123 Parklake Avenue
RALEIGH, NC 27612
Phone: 919-781-4550
Fax: 919-783-4535
Web: http://www.martinmarietta.com
Email: jacklyn.rooker@martinmarietta.com
| Industry | Building Products - Concrete and Aggregates |
| Sector | Construction |
| Fiscal Year End | December |
| Last Reported Quarter | 3/31/2024 |
| Earnings Date | 4/30/2024 |
EPS Information
| Current Quarter EPS Consensus Estimate | 1.82 |
| Current Year EPS Consensus Estimate | 21.23 |
| Estimated Long-Term EPS Growth Rate | 9.70 |
| Earnings Date | 4/30/2024 |
Price and Volume Information
| Zacks Rank |  |
| Yesterday's Close | 587.13 |
| 52 Week High | 626.67 |
| 52 Week Low | 343.79 |
| Beta | 0.96 |
| 20 Day Moving Average | 367,665.91 |
| Target Price Consensus | 622.47 |
| 4 Week | -4.21 |
| 12 Week | 16.31 |
| YTD | 17.68 |
| 4 Week | 0.19 |
| 12 Week | 13.59 |
| YTD | 12.02 |
| Shares Outstanding (millions) | 61.72 |
| Market Capitalization (millions) | 36,236.80 |
| Short Ratio | NA |
| Last Split Date | NA |
| Dividend Yield | 0.50% |
| Annual Dividend | $2.96 |
| Payout Ratio | 0.15 |
| Change in Payout Ratio | -0.05 |
| Last Dividend Payout / Amount | 3/1/2024 / $0.74 |
Fundamental Ratios
| P/E (F1) | 27.66 |
| Trailing 12 Months | 30.37 |
| PEG Ratio | 2.85 |
| vs. Previous Year | 52.30% |
| vs. Previous Quarter | -33.29% |
| vs. Previous Year | 8.92% |
| vs. Previous Quarter | -19.35% |
| Price/Book | 4.52 |
| Price/Cash Flow | 21.18 |
| Price / Sales | 5.35 |
| 3/31/24 | NA |
| 12/31/23 | 15.77 |
| 9/30/23 | 14.89 |
| 3/31/24 | NA |
| 12/31/23 | 7.98 |
| 9/30/23 | 7.34 |
| 3/31/24 | NA |
| 12/31/23 | 3.35 |
| 9/30/23 | 2.47 |
| 3/31/24 | NA |
| 12/31/23 | 2.50 |
| 9/30/23 | 1.60 |
| 3/31/24 | NA |
| 12/31/23 | 17.70 |
| 9/30/23 | 16.57 |
| 3/31/24 | NA |
| 12/31/23 | 17.25 |
| 9/30/23 | 16.10 |
| 3/31/24 | NA |
| 12/31/23 | 22.03 |
| 9/30/23 | 20.81 |
| 3/31/24 | NA |
| 12/31/23 | 130.01 |
| 9/30/23 | 126.28 |
| 3/31/24 | NA |
| 12/31/23 | 4.90 |
| 9/30/23 | 5.04 |
| 3/31/24 | NA |
| 12/31/23 | 0.49 |
| 9/30/23 | 0.51 |
| 3/31/24 | NA |
| 12/31/23 | 32.93 |
| 9/30/23 | 33.57 |