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Last update at 2024-12-26T18:42:00Z
Are Investors Undervaluing Martin Marietta Materials, Inc. (NYSE:MLM) By 25%?
Wed 16 Oct 24, 02:00 PMMartin Marietta Materials, Inc. (MLM): Innovator in Best Cement and Construction Materials Stock
Mon 14 Oct 24, 03:37 PMMartin Marietta price target lowered to $635 from $650 at Jefferies
Thu 10 Oct 24, 01:15 PMShould You Think About Buying Martin Marietta Materials, Inc. (NYSE:MLM) Now?
Wed 09 Oct 24, 11:01 AMPossible Bearish Signals With Martin Marietta Materials Insiders Disposing Stock
Mon 30 Sep 24, 01:00 PMHere's Why We Think Martin Marietta Materials (NYSE:MLM) Might Deserve Your Attention Today
Wed 25 Sep 24, 07:01 PMMartin Marietta Materials, Inc. (MLM): A Bull Case Theory
Mon 23 Sep 24, 05:02 PMAre Options Traders Betting on a Big Move in Martin Marietta Materials (MLM) Stock?
Mon 16 Sep 24, 01:58 PMBreakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Income before tax | 1091.10M | 855.50M | 889.30M | 748.34M | 576.08M |
Minority interest | 0.00000M | -0.30000M | 0.10M | 0.10M | 0.38M |
Net income | 866.80M | 702.50M | 721.00M | 611.91M | 470.00M |
Selling general administrative | 396.70M | 351.00M | 305.90M | 302.70M | 280.55M |
Selling and marketing expenses | - | - | - | - | - |
Gross profit | 1423.30M | 1348.40M | 1252.80M | 1179.01M | 966.58M |
Reconciled depreciation | 506.00M | 451.70M | 393.50M | 371.50M | 344.03M |
Ebit | 1206.70M | 973.80M | 1005.40M | 884.93M | 726.63M |
Ebitda | 1775.20M | 1507.80M | 1402.20M | 1249.68M | 1070.66M |
Depreciation and amortization | 568.50M | 534.00M | 396.80M | 364.75M | 344.03M |
Non operating income net other | 53.40M | 24.40M | 2.00M | -7.30000M | 22.41M |
Operating income | 1206.70M | 973.80M | 1005.40M | 884.93M | 690.74M |
Other operating expenses | 4944.90M | 4382.30M | 3723.20M | 3853.70M | 3540.05M |
Interest expense | 169.00M | 142.70M | 118.10M | 129.34M | 137.07M |
Tax provision | 234.80M | 153.20M | 168.20M | 136.30M | 105.70M |
Interest income | 169.00M | 142.70M | 118.10M | 129.30M | 137.07M |
Net interest income | -169.00000M | -142.70000M | -118.10000M | -129.30000M | -137.06900M |
Extraordinary items | 10.50M | 0.50M | - | - | - |
Non recurring | 9.10M | 57.90M | 1.30M | 0.50M | 13.48M |
Other items | - | - | - | - | - |
Income tax expense | 234.80M | 153.20M | 168.20M | 136.35M | 105.70M |
Total revenue | 6160.70M | 5414.00M | 4729.90M | 4739.10M | 4244.27M |
Total operating expenses | 207.50M | 316.70M | 246.10M | 293.61M | 262.36M |
Cost of revenue | 4737.40M | 4065.60M | 3477.10M | 3560.09M | 3277.69M |
Total other income expense net | -115.60000M | -118.30000M | -116.10000M | -136.59800M | 8.93M |
Discontinued operations | 10.50M | 0.50M | 0.50M | 0.50M | 0.50M |
Net income from continuing ops | 856.30M | 702.30M | 721.10M | 612.00M | 470.38M |
Net income applicable to common shares | 866.80M | 702.50M | 721.00M | 611.90M | 470.00M |
Preferred stock and other adjustments | - | - | - | - | - |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Total assets | 14993.60M | 14393.00M | 10580.80M | 10131.65M | 9551.42M |
Intangible assets | 847.80M | 1065.00M | 508.00M | 2883.62M | 2900.40M |
Earning assets | - | - | - | - | - |
Other current assets | 153.90M | 137.90M | 79.80M | 141.23M | 134.61M |
Total liab | 7820.80M | 7855.40M | 4687.50M | 4778.36M | 4602.01M |
Total stockholder equity | 7172.80M | 6537.60M | 5893.30M | 5353.29M | 4949.41M |
Deferred long term liab | 914.30M | 895.30M | 781.50M | 733.00M | 705.56M |
Other current liab | 361.50M | 752.60M | 499.30M | 498.47M | 396.71M |
Common stock | 0.60M | 0.60M | 0.60M | 0.60M | 0.62M |
Capital stock | 0.60M | 0.60M | 0.60M | 0.00000M | 0.62M |
Retained earnings | 3719.40M | 3161.90M | 2607.70M | 2077.20M | 1693.26M |
Other liab | 1516.30M | 2002.00M | 1562.40M | 1066.40M | 1077.30M |
Good will | 3649.50M | 3494.40M | 2414.00M | 2396.80M | 2399.12M |
Other assets | 919.20M | 1283.90M | 748.00M | 133.40M | 128.00M |
Cash | 358.00M | 258.40M | 207.30M | 20.98M | 44.89M |
Cash and equivalents | 358.00M | 258.40M | 207.30M | 21.00M | 44.89M |
Total current liabilities | 1445.60M | 752.60M | 499.30M | 838.52M | 786.75M |
Current deferred revenue | - | -410.10000M | -256.40000M | -229.60000M | -210.80800M |
Net debt | 4682.00M | 4842.40M | 2418.50M | 2752.70M | 3075.59M |
Short term debt | 699.10M | 53.90M | 48.60M | 340.05M | 390.04M |
Short long term debt | 699.10M | - | - | 340.00M | 390.04M |
Short long term debt total | 5040.00M | 5100.80M | 2625.80M | 2773.68M | 3120.48M |
Other stockholder equity | 3491.30M | 3472.70M | 3443.40M | 3421.29M | 3396.48M |
Property plant equipment | 6700.20M | 6764.70M | 5242.30M | 5206.00M | 5157.23M |
Total current assets | 2876.90M | 2025.60M | 1668.30M | 1426.70M | 1365.82M |
Long term investments | - | - | - | - | - |
Net tangible assets | 2673.20M | 1978.20M | 2968.70M | 2467.20M | 2045.96M |
Short term investments | 704.60M | - | - | - | - |
Net receivables | 785.90M | 774.00M | 575.10M | 573.69M | 523.28M |
Long term debt | 4340.90M | 5100.80M | 2625.80M | 2433.60M | 2730.44M |
Inventory | 873.70M | 752.60M | 709.00M | 690.81M | 663.03M |
Accounts payable | 385.00M | 356.20M | 207.80M | 229.60M | 210.81M |
Total permanent equity | - | - | - | - | - |
Noncontrolling interest in consolidated entity | 2.30M | 2.30M | 2.60M | 2.50M | 3.05M |
Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
Accumulated other comprehensive income | -38.50000M | -97.60000M | -158.40000M | -145.80000M | -143.57900M |
Additional paid in capital | - | - | - | - | - |
Common stock total equity | 0.60M | 0.60M | 0.60M | 0.60M | 0.62M |
Preferred stock total equity | - | - | - | - | - |
Retained earnings total equity | 3719.40M | 3161.90M | 2607.70M | 2077.20M | 1693.26M |
Treasury stock | - | - | - | - | - |
Accumulated amortization | - | - | - | - | - |
Non currrent assets other | 827.00M | 1043.30M | 295.20M | 133.41M | 127.97M |
Deferred long term asset charges | - | - | - | - | - |
Non current assets total | 12116.70M | 12367.40M | 8912.50M | 8704.95M | 8185.60M |
Capital lease obligations | 388.00M | 433.30M | 459.00M | 486.60M | - |
Long term debt total | 4340.90M | 5100.80M | 2625.80M | 2433.60M | 2730.44M |
Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
---|---|---|---|---|---|
Type | yearly | yearly | yearly | yearly | yearly |
Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
Investments | -483.80000M | -3474.60000M | -409.70000M | -385.90000M | -1948.20600M |
Change to liabilities | -31.20000M | 109.80M | -34.00000M | 25.90M | 20.15M |
Total cashflows from investing activities | -483.80000M | -3474.60000M | -409.70000M | -385.90000M | -1948.20600M |
Net borrowings | -55.20000M | 2465.50M | -151.00000M | -350.10000M | 82.57M |
Total cash from financing activities | -407.50000M | 2291.40M | -357.00000M | -604.11600M | -158.41400M |
Change to operating activities | -41.30000M | -104.00000M | -20.20000M | -34.20000M | -179.90000M |
Net income | 866.80M | 702.80M | 721.10M | 611.99M | 470.38M |
Change in cash | 99.90M | -45.50000M | 283.40M | -23.91400M | -1401.47200M |
Begin period cash flow | 258.90M | 304.40M | 21.00M | 44.89M | 1446.36M |
End period cash flow | 358.80M | 258.90M | 304.40M | 20.98M | 44.89M |
Total cash from operating activities | 991.20M | 1137.70M | 1050.10M | 966.10M | 705.15M |
Issuance of capital stock | - | - | - | - | - |
Depreciation | 506.00M | 430.00M | 320.50M | 368.48M | 304.77M |
Other cashflows from investing activities | -2.00000M | -3051.50000M | -50.00000M | 7.60M | -1572.25200M |
Dividends paid | -159.10000M | -147.80000M | -140.30000M | -129.79600M | 116.44M |
Change to inventory | -131.70000M | 73.20M | -19.30000M | -27.69800M | -21.98400M |
Change to account receivables | -12.10000M | -194.40000M | 6.10M | -50.41000M | -10.61700M |
Sale purchase of stock | -178.80000M | -19.50000M | -64.50000M | -126.37600M | -112.24200M |
Other cashflows from financing activities | -0.70000M | -8.10000M | -2.00000M | -0.60000M | -23.39900M |
Change to netincome | 30.40M | 98.90M | 2.90M | 69.00M | 66.17M |
Capital expenditures | 481.80M | 423.10M | 359.70M | 393.50M | 375.95M |
Change receivables | -12.10000M | -194.40000M | 6.10M | -50.40000M | -10.61700M |
Cash flows other operating | -237.00000M | -104.00000M | -20.20000M | -17.20000M | -162.97300M |
Exchange rate changes | - | - | - | - | - |
Cash and cash equivalents changes | 99.90M | -45.50000M | 283.40M | -23.90000M | -1401.47200M |
Change in working capital | -216.30000M | -115.40000M | -67.40000M | -86.45800M | -192.39600M |
Stock based compensation | 42.70M | 43.00M | 30.00M | 34.11M | 29.25M |
Other non cash items | -207.40000M | -14.90000M | 2.10M | 8.54M | 8.08M |
Free cash flow | 509.40M | 714.60M | 690.40M | 572.60M | 329.19M |
Sector: Basic Materials Industry: Building Materials
Company | Change (USD) | Price (USD) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) | Enterprise Value to EBITDA (x) |
---|---|---|---|---|---|---|---|---|
MLM Martin Marietta Materials Inc |
-1.075 0.20% | 532.11 | 28.01 | 24.75 | 4.85 | 3.87 | 5.15 | 16.61 |
CRH CRH PLC ADR |
-0.06 0.06% | 94.69 | 17.73 | 13.32 | 1.42 | 2.25 | 1.58 | 8.90 |
HCMLY Lafargeholcim Ltd ADR |
0.08 0.41% | 19.60 | 11.77 | 12.33 | 1.61 | 1.43 | 1.48 | 5.24 |
HCMLF Holcim Ltd |
- -% | 97.85 | 11.49 | 12.53 | 1.60 | 1.43 | 1.51 | 5.34 |
VMC Vulcan Materials Company |
-0.4995 0.19% | 263.81 | 35.99 | 27.70 | 3.83 | 3.95 | 4.35 | 17.90 |
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; dolomitic lime primarily to customers for steel production and soil stabilization; and cement treated materials. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. Martin Marietta Materials, Inc. was founded in 1939 and is headquartered in Raleigh, North Carolina.
4123 Parklake Avenue, Raleigh, NC, United States, 27612
Name | Title | Year Born |
---|---|---|
Mr. C. Howard Nye | Chairman, CEO & Pres | 1963 |
Mr. James A. J. Nickolas | Sr. VP & CFO | 1971 |
Mr. John P. Mohr | Sr. VP & Chief Information Officer | 1965 |
Ms. Roselyn R. Bar | Exec. VP, Gen. Counsel & Corp. Sec. | 1959 |
Mr. Craig M. LaTorre | Sr. VP & Chief Human Resource Officer | 1968 |
Mr. Robert J. Cardin | Sr. VP, Controller & Chief Accounting Officer | 1963 |
Suzanne Osberg | VP of Investor Relations | NA |
Mr. Bob Meskimen | Pres of Northwest Division and Sr. VP | NA |
Mr. Kirk Light | Pres of Cement & Southwest Ready Mix | NA |
Mr. Michael J. Petro | Sr. VP of Strategy & Devel. | 1984 |
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