MLM Q3 2023 Earnings — Martin Marietta Materials, Inc. Revenue & Financial Results | Market Cap Arena

MLMMartin Marietta Materials, Inc.

$37B

Q3 2023 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$2.0B+10.1% YoY

Gross Profit

$676M33.9% margin

Operating Income

$567M28.4% margin

Net Income

$417M20.9% margin

EPS (Diluted)

$6.72

QoQ Revenue Growth

+9.5%

Cash Flow

Operating Cash Flow

$454M

Free Cash Flow

$283M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$14.9B

Total Liabilities

$7.1B

Stockholders' Equity

$7.8B

Cash & Equivalents

$648M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$2.0B	$1.8B	+10.1%
Gross Profit	$676M	$488M	+38.6%
Operating Income	$567M	$406M	+39.7%
Net Income	$417M	$295M	+41.2%

Revenue Segments

Building Materials Business

$1.9B96%

Magnesia Specialties

$76M4%

Geographic Segments

West Group

$1.1B58%

Southeast Group

$814M42%