FirmAtlas
Company handbook · MLM · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17
MLM · CIK 916076 · LATEST FILING: 10-Q JUN '26 · FILED JUL 30, 2026
MARTIN MARIETTA MATERIALS, INC.
$500.84
+9.61 (+1.96%)
Close, Oct 16, 2026 · 52-week $465–711
Last fiscal year
MARTIN MARIETTA MATERIALS, INC. reported revenue of $6.2B for the year ended Dec 31, 2025 (FY25), up 8.6% from FY24. Net income was $1.1B, operating cash flow $1.8B and free cash flow $978M. Source: 10-K filed Feb 19, 2026.
Market cap
$30.2B
P/E
12.3
EV/EBITDA
17.1x
P/B
2.6
Div yield
0.66%
ROIC
7.8%
Revenue 1Y
8.6%/yr
EPS 1Y
−42.1%/yr
Shares 1Y
−1%
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Median
Daily closes, split-adjusted · ratios at each fiscal year end
Company
CEOC. Howard Nye
HQRaleigh, NC
AuditorPricewaterhouseCoopers LLP
Employees9,600
Year endsDecember
Revenue by segment · FY25
Building Materials Business East Group52%
Building Materials Business West Group41%
Magnesia Specialties7%
Compounded growth & averages
10Y
5Y
3Y
TTM
Share price
11.2%
6.5%
5.1%
−19.8%
Upgrade to see 10 years
Share price: yearly compound rate of the traded close; the last column is the past year.
Where the cash went · FY24–FY25
$7.3B deployed
Capex
$1.7B
22.8%
Acquisitions
$4.3B
59.5%
Dividends
$386M
5.3%
Buybacks
$900M
12.4%
Operating cash flow over the period: $3.2B. Total debt changed by −$185M.
Growth engines
How much of the profit growth came from new investment, and how much from running the business better.
Upgrade to see 10 years
Financials
Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year
Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier
TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.
Income
Revenue
5,662
6,150+8.6%
6,688
YoY
+8.6%
Gross profit
1,636
1,889+15.5%
1,883
Gross margin
28.9%
30.7%+1.8 pp
—
Operating income
2,479
1,437−42.0%
1,379
Operating margin
43.8%
23.4%−20.4 pp
—
EBITDA
3,052
2,074−32.0%
—
EBITDA margin
53.9%
33.7%−20.2 pp
—
Interest expense
169
230+36.1%
—
Interest coverage
18.06x
9.02x−9.04x
—
Net income
1,995
1,137−43.0%
2,457
YoY
−43.0%
Net margin
35.2%
18.5%−16.7 pp
—
EPS (diluted, $)
32.41
18.77−42.1%
40.71
YoY
−42.1%
Balance sheet
Total assets
18,170
18,711+3.0%
21,305
Cash & short-term investments
670
67−90.0%
—
Accounts receivable
678
723+6.6%
—
Inventory
1,018
1,078+5.9%
—
Net PP&E
9,660
10,290+6.5%
—
Other assets
6,144
6,553+6.7%
—
Total liabilities
8,717
8,679−0.4%
9,759
Accounts payable
375
389+3.7%
—
Total debt
5,538
5,353−3.3%
6,811
Other liabilities
2,804
2,937+4.7%
—
Shareholders’ equity
9,453
10,032+6.1%
11,546
Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.
Cash flow statement · as filed
Cash from operations
1,459
1,785+22.3%
1,519
Net income
1,996
1,137−43.0%
—
Depreciation & amortization
573
637+11.2%
—
Stock-based compensation
58
46−20.7%
—
Working capital & other
(1,168)
(35)n/m
—
Cash from investing
(2,444)
(1,588)n/m
—
Capex
(855)
(807)n/m
—
Acquisitions
(3,642)
(685)n/m
—
Other investing
2,053
(96)−104.7%
—
Cash from financing
373
(800)−314.5%
—
Debt raised
2,758
—
—
Debt repaid
(1,690)
(735)n/m
—
Dividends
(189)
(197)n/m
—
Buybacks
(450)
(450)n/m
—
Other financing
(56)
582n/m
—
Net change in cash
(612)
(603)n/m
—
Free cash flow (OCF − capex)
604
978+61.9%
810
Where the cash went
Operating cash flow
1,459
1,785+22.3%
1,519
Reinvested in the business
4,497
1,492−66.8%
—
% of operating cash flow
308.2%
83.6%
Capex
855
807−5.6%
709
Acquisitions
3,642
685−81.2%
—
Free cash flow
604
978+61.9%
810
YoY
+61.9%
Returned to shareholders
639
647+1.3%
—
% of free cash flow
105.8%
66.2%
Dividends
189
197+4.2%
—
Buybacks
450
450+0.0%
—
Change in total debt
—
(185)
—
Cash left over
—
(539)
—
FCF conversion (FCF ÷ net income)
30.3%
86.0%+55.7 pp
—
Owner earnings
—
876
—
Owner earnings margin
—
14.2%
—
Buyback yield
1.4%
1.2%−0.2 pp
—
Returns & ratios
ROIC (all capital)
13.3%
7.8%−5.5 pp
—
ROIC (operating)
17.3%
10.2%−7.1 pp
—
Net debt / EBITDA
1.60x
2.55x+0.95x
—
Debt / equity
0.59x
0.53x−0.05x
—
ROE
21.1%
11.3%−9.8 pp
—
ROA
11.0%
6.1%−4.9 pp
—
ROCE
14.4%
8.1%−6.4 pp
—
NOPAT
1,903
1,160−39.0%
—
Invested capital (operating)
10,981
11,702+6.6%
—
Invested capital (all)
14,321
15,318+7.0%
—
Reinvestment rate
—
62.1%
—
Income
Sep '25
Dec '25
Mar '26
Jun '26
Revenue
1,846
1,533
1,362
1,947
vs year-ago quarter
Gross profit
611
467
310
495
Gross margin
33.1%
30.5%
22.8%
25.4%
Operating income
505
340
162
372
Net income
414
279
1,513
251
vs year-ago quarter
Net margin
22.4%
18.2%
111.1%
12.9%
EPS (diluted, $)
6.85
4.63
25.06
4.17
vs year-ago quarter
Balance sheet
Sep '25
Dec '25
Mar '26
Jun '26
Total assets
18,653
18,711
20,497
21,305
Cash & equivalents
70
67
273
120
Total debt
5,752
5,353
5,294
6,811
Shareholders’ equity
9,735
10,032
11,295
11,546
Cash flow
Sep '25
Dec '25
Mar '26
Jun '26
Operating cash flow
551
629
227
112
Capex
190
205
186
128
Free cash flow
361
424
41
(16)
vs year-ago quarter