MLM Q1 2023 Earnings — Martin Marietta Materials, Inc. Revenue & Financial Results | Market Cap Arena

MLMMartin Marietta Materials, Inc.

$37B

Q1 2023 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$1.4B+10.0% YoY

Gross Profit

$303M22.4% margin

Operating Income

$196M14.5% margin

Net Income

$121M8.9% margin

EPS (Diluted)

$1.95

QoQ Revenue Growth

-8.3%

Cash Flow

Operating Cash Flow

$161M

Free Cash Flow

-$13M

Stock-Based Comp.

$14M

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$7.7B

Stockholders' Equity

$7.2B

Cash & Equivalents

$229M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.4B	$1.2B	+10.0%
Gross Profit	$303M	$156M	+94.1%
Operating Income	$196M	$60M	+227.2%
Net Income	$121M	$21M	+465.4%

Revenue Segments

Building Materials Business

$1.3B94%

Magnesia Specialties

$83M6%

Geographic Segments

West Group

$741M58%

Southeast Group

$530M42%