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Basic Materials - Construction Materials - NYSE - US
$ 583.03
-0.839 %
$ 35.6 B
Market Cap
18.64
P/E
1. INTRINSIC VALUE

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 offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; 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 environmental applications.[ Read More ]

The intrinsic value of one MLM stock under the base case scenario is HIDDEN Compared to the current market price of 583 USD, Martin Marietta Materials, Inc. is HIDDEN

2. FUNDAMENTAL ANALYSIS

Price Chart MLM

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FINANCIALS
6.78 B REVENUE
10.01%
1.6 B OPERATING INCOME
32.26%
1.2 B NET INCOME
38.42%
1.53 B OPERATING CASH FLOW
54.20%
459 M INVESTING CASH FLOW
194.81%
-1.06 B FINANCING CASH FLOW
-161.01%
1.89 B REVENUE
7.09%
489 M OPERATING INCOME
22.25%
363 M NET INCOME
23.47%
600 M OPERATING CASH FLOW
59900.00%
-298 M INVESTING CASH FLOW
86.39%
-359 M FINANCING CASH FLOW
-1.99%
Balance Sheet Decomposition Martin Marietta Materials, Inc.
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Current Assets 3.92 B
Cash & Short-Term Investments 1.27 B
Receivables 753 M
Other Current Assets 1.89 B
Non-Current Assets 11.2 B
Long-Term Investments 0
PP&E 6.56 B
Other Non-Current Assets 4.65 B
Current Liabilities 1.17 B
Accounts Payable 343 M
Short-Term Debt 473 M
Other Current Liabilities 354 M
Non-Current Liabilities 5.92 B
Long-Term Debt 4.45 B
Other Non-Current Liabilities 1.47 B
EFFICIENCY
Earnings Waterfall Martin Marietta Materials, Inc.
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Revenue 6.78 B
Cost Of Revenue 4.75 B
Gross Profit 2.02 B
Operating Expenses 427 M
Operating Income 1.6 B
Other Expenses 396 M
Net Income 1.2 B
RATIOS
29.84% GROSS MARGIN
29.84%
23.55% OPERATING MARGIN
23.55%
17.25% NET MARGIN
17.25%
14.55% ROE
14.55%
7.73% ROA
7.73%
10.37% ROIC
10.37%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Martin Marietta Materials, Inc.
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Net Income 1.2 B
Depreciation & Amortization 507 M
Capital Expenditures -650 M
Stock-Based Compensation 50 M
Change in Working Capital -150 M
Others -18.3 M
Free Cash Flow 878 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Martin Marietta Materials, Inc.
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Wall Street analysts predict an average 1-year price target for MLM of $623 , with forecasts ranging from a low of $543 to a high of $680 .
MLM Lowest Price Target Wall Street Target
543 USD -6.87%
MLM Average Price Target Wall Street Target
623 USD 6.89%
MLM Highest Price Target Wall Street Target
680 USD 16.63%
4. DIVIDEND ANALYSIS
0.15% DIVIDEND YIELD
0.79 USD DIVIDEND PER SHARE
5. COMPETITION
6. Ownership
Insider Ownership Martin Marietta Materials, Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
19.1 M USD 3
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
8 months ago
Mar 14, 2024
Sell 6.03 M USD
BAR ROSELYN R
EVP, General Counsel and Secy
- 10000
603.29 USD
8 months ago
Mar 05, 2024
Sell 9.06 M USD
Nye C Howard
Chairman, Pres & CEO
- 15000
604.26 USD
8 months ago
Mar 05, 2024
Sell 3.02 M USD
Nye C Howard
Chairman, Pres & CEO
- 5000
604.26 USD
9 months ago
Feb 16, 2024
Sell 481 K USD
COLE SUE W
Director
- 881
545.64 USD
9 months ago
Feb 16, 2024
Sell 456 K USD
COLE SUE W
Director
- 843
541.22 USD
1 year ago
Aug 21, 2023
Sell 835 K USD
LaTorre Craig M
Sr. VP, CHRO
- 1934
431.68 USD
1 year ago
Jul 28, 2023
Sell 224 K USD
LaTorre Craig M
Sr. VP, CHRO
- 500
447.09 USD
2 years ago
Nov 18, 2022
Sell 599 K USD
COLE SUE W
Director
- 1685
355.6057 USD
2 years ago
Jun 10, 2022
Sell 144 USD
Mohr John P
SVP - CIO
- 0.4488
321.75 USD
3 years ago
Mar 09, 2021
Sell 1.02 M USD
Nye C Howard
Chairman, Pres & CEO
- 3052
335.06 USD
3 years ago
Mar 10, 2021
Sell 2.35 M USD
Nye C Howard
Chairman, Pres & CEO
- 6948
337.79 USD
3 years ago
Mar 10, 2021
Sell 3.38 M USD
Nye C Howard
Chairman, Pres & CEO
- 10000
337.84 USD
3 years ago
Nov 24, 2020
Sell 2.75 M USD
BAR ROSELYN R
EVP, General Counsel and Secy
- 10004
274.6357 USD
4 years ago
Sep 08, 2020
Sell 157 K USD
COLE SUE W
Director
- 750
209.18 USD
4 years ago
Sep 10, 2020
Sell 96.9 K USD
COLE SUE W
Director
- 468
207.0272 USD
9 years ago
Sep 30, 2015
Bought 2.21 K USD
ZELNAK STEPHEN P JR
Director
+ 14.713
149.9456 USD
9 years ago
Jun 30, 2015
Bought 2.2 K USD
ZELNAK STEPHEN P JR
Director
+ 15.37
143.136 USD
8 years ago
Mar 31, 2016
Bought 137 USD
ZELNAK STEPHEN P JR
Director
+ 0.882
154.7732 USD
8 years ago
Mar 31, 2016
Bought 2.08 K USD
ZELNAK STEPHEN P JR
Director
+ 13.451
154.7825 USD
8 years ago
Dec 31, 2015
Bought 2.21 K USD
ZELNAK STEPHEN P JR
Director
+ 16.153
136.9424 USD
4 years ago
Mar 31, 2020
Bought 1.46 K USD
ZELNAK STEPHEN P JR
Director
+ 8.228
177.2363 USD
4 years ago
Dec 31, 2019
Bought 1.46 K USD
ZELNAK STEPHEN P JR
Director
+ 5.246
277.4342 USD
5 years ago
Sep 30, 2019
Bought 1.45 K USD
ZELNAK STEPHEN P JR
Director
+ 5.354
271.2869 USD
5 years ago
Jun 28, 2019
Bought 1.26 K USD
ZELNAK STEPHEN P JR
Director
+ 5.581
226.6493 USD
5 years ago
Mar 29, 2019
Bought 1.26 K USD
ZELNAK STEPHEN P JR
Director
+ 6.299
200.335 USD
5 years ago
Dec 31, 2018
Bought 1.26 K USD
ZELNAK STEPHEN P JR
Director
+ 7.454
168.8127 USD
6 years ago
Sep 28, 2018
Bought 1.26 K USD
ZELNAK STEPHEN P JR
Director
+ 6.751
185.9117 USD
4 years ago
Jun 05, 2020
Sell 794 K USD
ZELNAK STEPHEN P JR
Director
- 3500
226.8012 USD
6 years ago
Jun 29, 2018
Bought 1.15 K USD
ZELNAK STEPHEN P JR
Director
+ 5.161
222.4821 USD
6 years ago
Mar 29, 2018
Bought 1.15 K USD
ZELNAK STEPHEN P JR
Director
+ 5.646
202.9313 USD
6 years ago
Dec 29, 2017
Bought 1.14 K USD
ZELNAK STEPHEN P JR
Director
+ 5.244
218.0473 USD
7 years ago
Sep 29, 2017
Bought 1.14 K USD
ZELNAK STEPHEN P JR
Director
+ 5.54
205.9567 USD
7 years ago
Jun 30, 2017
Bought 1.09 K USD
ZELNAK STEPHEN P JR
Director
+ 4.894
222.1251 USD
7 years ago
Mar 31, 2017
Bought 1.08 K USD
ZELNAK STEPHEN P JR
Director
+ 5.069
214.0363 USD
7 years ago
Dec 30, 2016
Bought 1.08 K USD
ZELNAK STEPHEN P JR
Director
+ 4.783
226.4144 USD
8 years ago
Sep 30, 2016
Bought 1.08 K USD
ZELNAK STEPHEN P JR
Director
+ 5.915
182.6644 USD
8 years ago
Jun 30, 2016
Bought 2.22 K USD
ZELNAK STEPHEN P JR
Director
+ 11.953
186.0813 USD
4 years ago
Jun 05, 2020
Sell 3.01 M USD
ZELNAK STEPHEN P JR
Director
- 13384.687
225.2282 USD
4 years ago
Jun 10, 2020
Sell 280 K USD
ZELNAK STEPHEN P JR
Director
- 1350
207.7352 USD
5 years ago
Jun 28, 2019
Bought 2.2 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 9.691
226.67 USD
5 years ago
Mar 29, 2019
Bought 1.96 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 9.782
200.33 USD
6 years ago
Mar 29, 2018
Bought 1.01 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 4.994
203.17 USD
6 years ago
Sep 28, 2018
Bought 1.95 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 10.491
185.79 USD
6 years ago
Jun 29, 2018
Bought 1.02 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 4.57
222.5 USD
5 years ago
Dec 31, 2018
Bought 1.95 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 11.57
168.9 USD
5 years ago
Sep 30, 2019
Bought 3.74 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 13.787
271.35 USD
4 years ago
Dec 31, 2019
Bought 6.1 K USD
Grant Daniel L.
SVP - Strategy and Development
+ 21.976
277.35 USD
4 years ago
May 21, 2020
Sell 1.18 M USD
Nye C Howard
Chairman, Pres & CEO
- 6645
177.6181 USD
4 years ago
May 13, 2020
Bought 164 K USD
KORALESKI JOHN J
Director
+ 1000
164.0799 USD
4 years ago
May 06, 2020
Bought 184 K USD
KORALESKI JOHN J
Director
+ 1000
183.54 USD
6 years ago
Jan 02, 2018
Bought 71.6 USD
Mohr John P
SVP - CIO
+ 0.3209
223.02 USD
7 years ago
Oct 02, 2017
Bought 71.4 USD
Mohr John P
SVP - CIO
+ 0.3467
205.98 USD
6 years ago
Oct 01, 2018
Bought 232 USD
Mohr John P
SVP - CIO
+ 1.2508
185.6 USD
6 years ago
Jul 02, 2018
Bought 212 USD
Mohr John P
SVP - CIO
+ 0.9603
221.16 USD
6 years ago
Apr 02, 2018
Bought 147 USD
Mohr John P
SVP - CIO
+ 0.7207
203.29 USD
4 years ago
Dec 13, 2019
Sell 1.16 M USD
Nye C Howard
Chairman, Pres & CEO
- 4202
276.8679 USD
4 years ago
Nov 25, 2019
Bought 260 K USD
KORALESKI JOHN J
Director
+ 1000
260.2273 USD
5 years ago
Aug 30, 2019
Sell 1.89 M USD
Nye C Howard
Chairman, Pres & CEO
- 7440
253.5169 USD
5 years ago
Aug 01, 2019
Sell 2.73 M USD
Nye C Howard
Chairman, Pres & CEO
- 11224
243.6645 USD
5 years ago
Aug 01, 2019
Sell 697 K USD
BAR ROSELYN R
EVP, General Counsel and Secy
- 2821
246.9254 USD
5 years ago
Jun 10, 2019
Sell 191 K USD
PEREZ LAREE E
Director
- 824
231.8025 USD
5 years ago
May 06, 2019
Sell 3.23 M USD
Nye C Howard
Chairman, Pres & CEO
- 14668
220.4823 USD
5 years ago
May 06, 2019
Sell 701 K USD
McCunniff Donald A.
SVP - Human Resources
- 3183
220.1925 USD
5 years ago
Mar 05, 2019
Sell 293 K USD
COLE SUE W
Director
- 1500
195.0739 USD
5 years ago
Feb 27, 2019
Sell 126 K USD
McCunniff Donald A.
SVP - Human Resources
- 660
190.9 USD
5 years ago
Feb 28, 2019
Sell 296 K USD
McCunniff Donald A.
SVP - Human Resources
- 1563
189.31 USD
5 years ago
Dec 14, 2018
Bought 174 K USD
KORALESKI JOHN J
Director
+ 1000
174.0698 USD
6 years ago
Nov 09, 2018
Sell 274 K USD
McCunniff Donald A.
SVP - Human Resources
- 1476
185.5 USD
6 years ago
Aug 22, 2018
Sell 460 K USD
McCunniff Donald A.
SVP - Human Resources
- 2250
204.3251 USD
6 years ago
Jul 30, 2018
Bought 710 K USD
ZELNAK STEPHEN P JR
Director
+ 3500
202.87 USD
6 years ago
Jul 27, 2018
Bought 499 K USD
KORALESKI JOHN J
Director
+ 2400
208.055 USD
6 years ago
Jun 13, 2018
Sell 975 K USD
McCunniff Donald A.
SVP - Human Resources
- 4226
230.722 USD
7. News
Martin Marietta Declares Quarterly Cash Dividend RALEIGH, N.C., Nov. 07, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”) today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.79 per share on the Company's outstanding common stock. This dividend, which represents a cash dividend of $3.16 per share on an annualized basis, is payable December 31, 2024, to shareholders of record at the close of business on December 2, 2024. globenewswire.com - 1 week ago
Martin Marietta Announces Pricing Terms of Debt Offering RALEIGH, N.C., Oct. 31, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE:MLM) (“Martin Marietta” or the “Company”) announced today the pricing of its offering of $750 million aggregate principal amount of 5.150% Senior Notes due 2034 (the “2034 Notes”) and $750 million aggregate principal amount of 5.500% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”). The 2034 Notes will mature on December 1, 2034, will have an interest rate of 5.150% per annum and will be issued at 99.266% of par value. The 2054 Notes will mature on December 1, 2054, will have an interest rate of 5.500% per annum and will be issued at 98.006% of par value. Interest on each series of Notes will be paid semiannually on June 1 and December 1, commencing June 1, 2025. The Notes will be sold pursuant to Martin Marietta's shelf registration statement, base prospectus and prospectus supplement on file with the Securities and Exchange Commission (“SEC”). globenewswire.com - 2 weeks ago
Martin Marietta Materials: A Spike In Shares After Q3 Results Is A Great Time For A Downgrade Martin Marietta Materials saw its shares rise nicely, even after reporting disappointing revenue and earnings for the third quarter of the company's 2024 fiscal year. Although MLM has had a great run, shares are getting rather pricey, but recent guidance for 2024 is encouraging. Shares look pricey, and investors should consider seeing the firm in a more neutral light than a bullish one. seekingalpha.com - 2 weeks ago
Martin Marietta Materials, Inc. (MLM) Q3 2024 Earnings Call Transcript Martin Marietta Materials, Inc. (NYSE:MLM ) Q3 2024 Earnings Call Transcript October 30, 2024 10:00 AM ET Company Participants Jacklyn Rooker - Director of IR Ward Nye - Chair and CEO Jim Nickolas - EVP and CFO Conference Call Participants Kathryn Thompson - TRG Trey Grooms - Stephens Garik Shmois - Loop Capital Jerry Revich - Goldman Sachs Anthony Pettinari - Citi Angel Castillo - Morgan Stanley Philip Ng - Jefferies Tyler Brown - Raymond James Brent Thielman - D.A. Davidson David MacGregor - Longbow Research Mike Dudas - Vertical Research Timna Tanners - Wolfe Research Michael Feniger - Bank of America Operator Hello. seekingalpha.com - 2 weeks ago
Martin Marietta's Q3 Earnings & Revenues Miss, 2024 View Cut MLM's third-quarter results reflect lower volumes despite strong pricing actions. zacks.com - 2 weeks ago
Martin Marietta (MLM) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates Although the revenue and EPS for Martin Marietta (MLM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers. zacks.com - 2 weeks ago
Martin Marietta (MLM) Q3 Earnings and Revenues Miss Estimates Martin Marietta (MLM) came out with quarterly earnings of $5.91 per share, missing the Zacks Consensus Estimate of $6.41 per share. This compares to earnings of $6.94 per share a year ago. zacks.com - 2 weeks ago
Martin Marietta Reports Third-Quarter 2024 Results Achieved Record Quarterly Aggregates Gross Profit Per Ton Despite Weather Impacts Delivered Record Third-Quarter Cash Flows from Operations and Magnesia Specialties  Revenues and Gross Profit Acquired Pure Aggregates Assets in South Florida and Southern California RALEIGH, N.C., Oct. 30, 2024 (GLOBE NEWSWIRE) -- Martin Marietta Materials, Inc. (NYSE: MLM) (“Martin Marietta” or the “Company”), a leading national supplier of aggregates and heavy building materials, today reported results for the third quarter ended September 30, 2024. globenewswire.com - 2 weeks ago
Martin Marietta to Post Q3 Earnings: What's in Store for the Stock? MLM's third-quarter 2024 performance is likely to have been affected by adverse weather conditions and cost inflation. zacks.com - 2 weeks ago
Curious about Martin Marietta (MLM) Q3 Performance? Explore Wall Street Estimates for Key Metrics Evaluate the expected performance of Martin Marietta (MLM) for the quarter ended September 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight. zacks.com - 2 weeks ago
Analysts Estimate Martin Marietta (MLM) to Report a Decline in Earnings: What to Look Out for Martin Marietta (MLM) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 3 weeks ago
McFarlane Lake Mining Presenting at the Red Cloud Fall Mining Conference TORONTO, ON / ACCESSWIRE / October 15, 2024 / McFarlane Lake Mining Limited ("McFarlane" or the "Company") (CBOE:MLM)(OTCQB:MLMLF), is pleased to announce that it will be attending this year's Fall Mining Conference sponsored by Red Cloud Securities taking place on October 16 th and 17 th this year. McFarlane's CEO - Mark Trevisiol- is scheduled to present their latest exploration plans on their past producing McMillan Gold Mine on October 17 th at 4:00 p.m. accesswire.com - 1 month ago
8. Profile Summary

Martin Marietta Materials, Inc. MLM

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COUNTRY US
INDUSTRY Construction Materials
MARKET CAP $ 35.6 B
Dividend Yield 0.15%
Description 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 offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; 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 environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
Contact 4123 Parklake Avenue, Raleigh, NC, 27612 https://www.martinmarietta.com
IPO Date Feb. 17, 1994
Employees 9400
Officers Oliver W. Brooks Senior Vice President of Enterprise Excellence Mr. Donald A. McCunniff Executive Vice President & Chief Human Resources Officer Mr. Michael J. Petro Senior Vice President of Strategy & Development Mr. Kirk Light President of Cement & Southwest Ready Mix Abbott Lawrence West Division President Jacklyn Rooker Director of Investor Relations Ms. Roselyn R. Bar Executive Vice President, General Counsel & Corporate Secretary Ms. Suzanne Osberg Vice President of Investor Relations Mr. Robert J. Cardin Senior Vice President, Controller & Chief Accounting Officer Ron Kopplin East Division President