MLM Q4 2023 Earnings — Martin Marietta Materials, Inc. Revenue & Financial Results | Market Cap Arena

MLMMartin Marietta Materials, Inc.

$37B

Q4 2023 Earnings

Basic Materials Construction Materials

Income Statement

Revenue

$1.6B+8.9% YoY

Gross Profit

$483M30.1% margin

Operating Income

$370M23.0% margin

Net Income

$283M17.6% margin

EPS (Diluted)

$4.55

QoQ Revenue Growth

-19.3%

Cash Flow

Operating Cash Flow

$556M

Free Cash Flow

$370M

Stock-Based Comp.

$11M

Balance Sheet

Total Assets

$15.1B

Total Liabilities

$7.1B

Stockholders' Equity

$8.0B

Cash & Equivalents

$1.3B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.6B	$1.5B	+8.9%
Gross Profit	$483M	$354M	+36.5%
Operating Income	$370M	$262M	+41.1%
Net Income	$283M	$184M	+53.9%

Revenue Segments

Building Materials Business

$1.5B95%

Magnesia Specialties

$76M5%

Geographic Segments

West Group

$848M55%

Southeast Group

$684M45%