MLM Q2 2024 Earnings — Martin Marietta Materials, Inc. Revenue & Financial Results | Market Cap Arena

MLMMartin Marietta Materials, Inc.

$37B

Q2 2024 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$1.8B-3.1% YoY

Gross Profit

$517M29.3% margin

Operating Income

$398M22.6% margin

Net Income

$294M16.7% margin

EPS (Diluted)

$4.76

QoQ Revenue Growth

+41.0%

Cash Flow

Operating Cash Flow

$1M

Free Cash Flow

-$138M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$16.3B

Total Liabilities

$7.5B

Stockholders' Equity

$8.8B

Cash & Equivalents

$109M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.8B	$1.8B	-3.1%
Gross Profit	$517M	$560M	-7.7%
Operating Income	$398M	$463M	-14.0%
Net Income	$294M	$348M	-15.5%

Revenue Segments

Building Materials Business

$1.7B95%

Magnesia Specialties

$81M5%

Geographic Segments

West Group

$860M51%

Southeast Group

$823M49%