MLM Q1 2024 Earnings — Martin Marietta Materials, Inc. Revenue & Financial Results | Market Cap Arena

MLMMartin Marietta Materials, Inc.

$37B

Q1 2024 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$1.3B-7.6% YoY

Gross Profit

$272M21.7% margin

Operating Income

$1.4B113.6% margin

Net Income

$1.0B83.5% margin

EPS (Diluted)

$16.87

QoQ Revenue Growth

-22.2%

Cash Flow

Operating Cash Flow

$172M

Free Cash Flow

-$28M

Stock-Based Comp.

$15M

Balance Sheet

Total Assets

$16.2B

Total Liabilities

$7.4B

Stockholders' Equity

$8.9B

Cash & Equivalents

$2.6B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.3B	$1.4B	-7.6%
Gross Profit	$272M	$303M	-10.2%
Operating Income	$1.4B	$196M	+625.0%
Net Income	$1.0B	$121M	+763.6%

Revenue Segments

Building Materials Business

$1.2B94%

Magnesia Specialties

$81M6%

Geographic Segments

West Group

$644M55%

Southeast Group

$526M45%