What is Martin Marietta Materials's earnings per share (EPS)?

Martin Marietta Materials (MLM) reported diluted earnings per share of $18.77 for fiscal year 2025. This represents a -42.1% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Martin Marietta Materials (MLM) Financials

MLM

Trailing 12 months to June 30, 2026

Revenue $6.7B +14.8% YoY

Net Income $2.5B +123.2% YoY

EPS (Diluted) $40.70 +125.5% YoY

Free Cash Flow $810.0M -15.9% YoY

Market Cap $36.0B as of Oct 23, 2026

Price / Sales 5.4x on $6.7B revenue, trailing 12 months to June 30, 2026

Price / Earnings 14.7x on $2.5B net income, trailing 12 months to June 30, 2026

Price / Book 3.1x on $11.5B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 23, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Jul 30, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Jul 30, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the MLM SEC filings page.

Martin Marietta Materials (MLM) reported $6.7B in revenue over the twelve months to Jun 30, 2026, up 14.8% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI MLM FY2025 2026-10-24

The business converts scale into cash, but FY2025 shows earnings can swing sharply while gross economics remain intact.

FY2025 gross margin expanded 1.8 percentage points, yet operating income fell 42.0%; the break occurred below gross profit rather than in direct production costs. Operating cash flow reached $1.8B while net income was $1.1B, indicating cash conversion remained stronger than reported profit after FY2024's unusually high operating result.

Liabilities were 46.4% of assets and debt-to-equity was 0.5x, indicating meaningful borrowing without a debt-dominated capital structure. A 3.6x current ratio suggests short-term obligations were well covered by current assets, although long-term debt still stood at $5.3B.

FY2025 free cash flow was $978M against $807M of capital expenditures, so the asset-heavy model still generated cash after reinvestment. That outcome separates underlying cash generation from the year's earnings volatility and shows capital spending did not consume all operating cash.

Financial Health Signals

Financial Health Score 64/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group, and the overall is the average of the dimensions that can be computed. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Martin Marietta Materials's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Martin Marietta Materials has an operating margin of 23.4%, meaning the company retains $23 of operating profit per $100 of revenue. This strong profitability earns a score of 88/100, reflecting efficient cost management and pricing power. This is down from 43.8% the prior year.

Growth

Martin Marietta Materials's revenue grew 8.6% year-over-year to $6.2B, a solid pace of expansion. This earns a growth score of 40/100.

Leverage

Martin Marietta Materials has elevated debt relative to equity (D/E of 0.53), meaning the company relies heavily on borrowed funds. This high leverage results in a low score of 25/100, reflecting increased financial risk.

Liquidity

With a current ratio of 3.57, Martin Marietta Materials holds $3.57 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 84/100.

Cash Flow

Martin Marietta Materials converts 15.9% of revenue into free cash flow ($978.0M). This strong cash generation earns a score of 76/100.

Returns

Martin Marietta Materials earns a strong 11.3% return on equity (ROE), meaning it generates $11 of profit for every $100 of shareholders' equity. This efficient capital use earns a returns score of 69/100. This is down from 21.1% the prior year.

Altman Z-Score Safe

3.70

Martin Marietta Materials scores 3.70, well above the 2.99 safe threshold. The largest contribution to the score comes from a market capitalization of $36.0B against total liabilities of $8.7B. This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Strong

8/9

Martin Marietta Materials passes 8 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.57x

For every $1 of reported earnings, Martin Marietta Materials generates $1.57 in operating cash flow ($1.8B OCF vs $1.1B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

6.25x

Martin Marietta Materials earns $6.25 in operating income for every $1 of interest expense ($1.4B vs $230.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$1.9B

YoY+21.0%

QoQ+43.0%

5Y CAGR+7.2%

10Y CAGR+7.1%

Martin Marietta Materials generated $1.9B in revenue in Q2 2026. This represents an increase of 21.0% from the same quarter a year earlier. Against the prior quarter it is up 43.0%.

EBITDA

$576.0M

YoY-0.7%

QoQ+75.1%

Martin Marietta Materials's EBITDA was $576.0M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 0.7% from the same quarter a year earlier. Against the prior quarter it is up 75.1%.

Net Income

$251.0M

YoY-23.5%

QoQ-83.4%

5Y CAGR+2.1%

10Y CAGR+7.5%

Martin Marietta Materials reported $251.0M in net income in Q2 2026. This represents a decrease of 23.5% from the same quarter a year earlier. Against the prior quarter it is down 83.4%.

EPS (Diluted)

$4.17

YoY-23.2%

QoQ-83.4%

5Y CAGR+2.9%

10Y CAGR+8.2%

Martin Marietta Materials earned $4.17 per diluted share (EPS) in Q2 2026. This represents a decrease of 23.2% from the same quarter a year earlier. Against the prior quarter it is down 83.4%.

Cash & Balance Sheet

Free Cash Flow

-$16.0M

YoY-107.7%

QoQ-139.0%

Martin Marietta Materials recorded an outflow of $16.0M in free cash flow in Q2 2026, representing a cash shortfall after capex. This represents a decrease of 107.7% from the same quarter a year earlier. Against the prior quarter it is down 139.0%.

Cash & Debt

$112.0M

YoY-50.2%

QoQ-59.0%

5Y CAGR+16.1%

10Y CAGR+14.6%

Martin Marietta Materials held $112.0M in cash against $5.1B in long-term debt as of Q2 2026.

Dividends Per Share

$0.83

YoY+5.1%

QoQ0.0%

5Y CAGR+7.8%

Martin Marietta Materials paid $0.83 per share in dividends in Q2 2026. This represents an increase of 5.1% from the same quarter a year earlier. It is unchanged from the prior quarter.

Shares Outstanding

60M

YoY-0.4%

QoQ0.0%

5Y CAGR-0.8%

10Y CAGR-0.5%

Martin Marietta Materials had 60M shares outstanding in Q2 2026. This represents a decrease of 0.4% from the same quarter a year earlier. It is unchanged from the prior quarter.

Margins & Returns

Gross Margin

25.4%

YoY-5.4pp

QoQ+2.7pp

5Y change-2.5pp

10Y change+0.1pp

Martin Marietta Materials's gross margin was 25.4% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is down 5.4 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.7 percentage points.

Operating Margin

19.1%

YoY-6.6pp

QoQ+7.2pp

Martin Marietta Materials's operating margin was 19.1% in Q2 2026, reflecting core business profitability. This is down 6.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 7.2 percentage points.

Net Margin

12.9%

YoY-7.5pp

5Y change-3.5pp

10Y change+0.4pp

Martin Marietta Materials's net profit margin was 12.9% in Q2 2026, showing the share of revenue converted to profit. This is down 7.5 percentage points from the same quarter a year earlier.

Return on Equity

2.2%

YoY-1.3pp

QoQ-11.2pp

5Y change-1.5pp

10Y change-0.9pp

Martin Marietta Materials's quarterly ROE was 2.2% in Q2 2026: one quarter's net income over shareholder equity, not annualized. This is down 1.3 percentage points from the same quarter a year earlier. Against the prior quarter it is down 11.2 percentage points.

Capital Allocation

Share Buybacks

YoYn/m

QoQ-100.0%

Martin Marietta Materials repurchased no shares in Q2 2026. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative. Against the prior quarter it is down 100.0%.

Capital Expenditures

$128.0M

YoY-28.5%

QoQ-31.2%

5Y CAGR+4.5%

10Y CAGR+1.0%

Martin Marietta Materials invested $128.0M in capex in Q2 2026, funding long-term assets and infrastructure. This represents a decrease of 28.5% from the same quarter a year earlier. Against the prior quarter it is down 31.2%.

R&D Spending

Not reported for Q2 2026.

MLM Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MLM quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$6.7B	$6.2B+8.6%	$5.7B-3.2%	$5.9B-5.0%	$6.2B+13.8%	$5.4B+14.5%	$4.7B-0.2%	$4.7B+11.7%	$4.2B+7.0%	$4.0B+3.8%	$3.8B+7.9%	$3.5B+19.7%	$3.0B+37.2%	$2.2B+6.1%	$2.0B+18.6%	$1.7B
Cost of Revenue	N/A	$4.3B+5.8%	$4.0B-1.9%	$4.1B-13.3%	$4.7B+16.5%	$4.1B+16.9%	$3.5B-2.3%	$3.6B+8.6%	$3.3B+9.5%	$3.0B+3.0%	$2.9B+3.4%	$2.8B+15.4%	$2.4B+36.1%	$1.8B+5.1%	$1.7B+20.8%	$1.4B
Gross Profit	$1.9B	$1.9B+15.5%	$1.6B-6.2%	$1.7B+22.6%	$1.4B+5.5%	$1.3B+7.6%	$1.3B+6.3%	$1.2B+22.0%	$966.6M-0.5%	$971.9M+6.6%	$911.7M+25.4%	$726.9M+39.9%	$519.6M+42.8%	$364.0M+11.3%	$327.1M+8.3%	$302.0M
SG&A Expenses	N/A	$443.0M+3.3%	$429.0M+0.9%	$425.0M+7.1%	$397.0M+13.1%	$351.0M+14.7%	$305.9M+1.1%	$302.7M+7.9%	$280.6M+7.1%	$262.1M+8.5%	$241.6M+14.6%	$210.8M+25.4%	$168.1M+12.0%	$150.1M+8.4%	$138.4M+11.5%	$124.1M
Operating Income	N/A	$1.4B-42.0%	$2.5B+86.0%	$1.3B+10.4%	$1.2B+23.9%	$973.8M-3.1%	$1.0B+13.6%	$884.9M+28.1%	$690.7M-1.4%	$700.4M+3.4%	$677.3M+37.1%	$494.2M+51.2%	$326.9M+50.0%	$218.0M+39.6%	$156.2M-3.0%	$161.0M
EBITDA	N/A	$2.1B-32.0%	$3.1B+65.3%	$1.8B+7.8%	$1.7B+20.2%	$1.4B+1.9%	$1.4B+11.3%	$1.3B+21.4%	$1.0B+3.7%	$997.6M+3.6%	$962.5M+27.0%	$757.8M+37.9%	$549.7M+40.3%	$391.7M+17.5%	$333.4M-0.3%	$334.4M
Interest Expense	N/A	$230.0M+36.1%	$169.0M+2.4%	$165.0M-2.4%	$169.0M+18.4%	$142.7M+20.8%	$118.1M-8.7%	$129.3M-5.7%	$137.1M+49.8%	$91.5M+12.0%	$81.7M+7.1%	$76.3M+15.5%	$66.1M+23.5%	$53.5M+0.2%	$53.3M-9.0%	$58.6M
Income Tax	N/A	$236.0M-57.1%	$550.0M+135.0%	$234.0M-0.4%	$235.0M+53.4%	$153.2M-8.9%	$168.2M+23.4%	$136.3M+28.9%	$105.7Mn/m	-$94.5M-152.0%	$181.6M+45.4%	$124.9M+31.6%	$94.8M+115.3%	$44.0M+152.7%	$17.4M-17.0%	$21.0M
Net Income	$2.5B	$1.1B-43.0%	$2.0B+70.7%	$1.2B+34.8%	$867.0M+23.4%	$702.5M-2.6%	$721.0M+17.8%	$611.9M+30.2%	$470.0M-34.1%	$713.3M+67.7%	$425.4M+47.3%	$288.8M+85.6%	$155.6M+28.2%	$121.3M+43.6%	$84.5M+2.5%	$82.4M
EPS (Basic)	N/A	$18.81-42.1%	$32.50+72.1%	$18.88+35.7%	$13.91+23.5%	$11.26-2.6%	$11.56+18.3%	$9.77+31.0%	$7.46-34.0%	$11.30+69.7%	$6.66+54.5%	$4.31+57.9%	$2.73+4.2%	$2.62+43.2%	$1.83+2.2%	$1.79
EPS (Diluted)	$40.70	$18.77-42.1%	$32.41+72.2%	$18.82+35.7%	$13.87+23.6%	$11.22-2.8%	$11.54+18.5%	$9.74+31.1%	$7.43-34.0%	$11.25+69.7%	$6.63+54.5%	$4.29+58.3%	$2.71+3.8%	$2.61+42.6%	$1.83+2.8%	$1.78
Diluted Shares (Avg)	N/A	61M-1.6%	62M-0.8%	62M-0.6%	63M-0.2%	63M+0.3%	62M-0.5%	63M-0.6%	63M-0.2%	63M-1.0%	64M-4.7%	67M+17.4%	57M+23.3%	46M+0.7%	46M+0.4%	46M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Revenue	$1.9B+21.0%	$1.4B+17.2%	$1.5B+8.6%	$1.8B+12.4%	$1.6B+3.7%	$1.2B+10.0%	$1.4B+107.0%	$1.6B-17.7%
Cost of Revenue	$1.5B+30.5%	$1.1B+24.2%	N/A	$1.2B+9.4%	$1.1B-10.7%	$847.0M-13.5%	N/A	$1.1B-14.3%
Gross Profit	$495.0M-0.2%	$310.0M-1.6%	$468.0M+10.4%	$611.0M+19.1%	$496.0M+10.5%	$315.0M+26.0%	$424.0M+105.8%	$513.0M-24.1%
SG&A Expenses	$116.0M+11.5%	$133.0M+6.4%	N/A	$110.0M+8.9%	$104.0M-11.1%	$125.0M+5.9%	N/A	$101.0M-6.5%
Operating Income	$372.0M-9.9%	$162.0M-9.5%	N/A	$505.0M+24.4%	$413.0M+3.8%	$179.0M-87.4%	N/A	$406.0M-28.4%
EBITDA	$576.0M-0.7%	$329.0M-1.2%	N/A	$664.0M+19.0%	$580.0M+7.4%	$333.0M-78.5%	N/A	$558.0M-20.2%
Interest Expense	$59.0M+3.5%	$56.0M0.0%	N/A	$59.0M+55.3%	$57.0M+42.5%	$56.0M+40.0%	N/A	$38.0M-7.3%
Income Tax	$64.0M-12.3%	$38.0M+35.7%	N/A	$89.0M+15.6%	$73.0M-6.4%	$28.0M-92.4%	N/A	$77.0M-30.0%
Net Income	$251.0M-23.5%	$1.5B+1204.3%	$279.0M-5.1%	$414.0M+14.0%	$328.0M+11.9%	$116.0M-88.9%	$294.0M+3.9%	$363.0M-12.9%
EPS (Basic)	$4.18-23.2%	$25.11+1214.7%	$4.63-3.9%	$6.86+15.7%	$5.44+14.0%	$1.91-88.7%	$4.82+5.5%	$5.93-12.0%
EPS (Diluted)	$4.17-23.2%	$25.06+1218.9%	$4.62-4.0%	$6.85+15.9%	$5.43+14.1%	$1.90-88.7%	$4.81+5.7%	$5.91-12.1%
Diluted Shares (Avg)	60M-0.3%	60M-1.0%	N/A	60M-1.5%	60M-1.9%	61M-1.6%	N/A	61M-1.1%

Not reported in any period shown, so not listed: R&D Expenses.

MLM Balance Sheet

MLM quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$18.7B+3.0%	$18.2B+20.1%	$15.1B+0.9%	$15.0B+4.2%	$14.4B+36.0%	$10.6B+4.4%	$10.1B+6.1%	$9.6B+6.2%	$9.0B+23.2%	$7.3B+4.9%	$7.0B-3.6%	$7.2B+126.5%	$3.2B+0.8%	$3.2B+0.4%	$3.1B
Current Assets	$3.2B+30.4%	$2.4B-37.5%	$3.9B+36.2%	$2.9B+42.0%	$2.0B+21.4%	$1.7B+16.9%	$1.4B+4.5%	$1.4B-48.1%	$2.6B+142.2%	$1.1B+0.4%	$1.1B+3.6%	$1.0B+38.2%	$755.4M+7.8%	$700.4M+6.5%	$657.9M
Cash & Equivalents	$67.0M-90.0%	$670.0M-47.3%	$1.3B+255.3%	$358.0M+38.5%	$258.4M+24.7%	$207.3M+887.1%	$21.0M-53.2%	$44.9M-96.9%	$1.4B+2790.5%	$50.0M-70.3%	$168.4M+55.0%	$108.7M+156.0%	$42.4M+67.1%	$25.4M-2.4%	$26.0M
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0
Inventory	$1.1B+5.9%	$1.0B+2.9%	$989.0M+13.2%	$873.7M+16.1%	$752.6M+6.1%	$709.0M+2.6%	$690.8M+4.2%	$663.0M+10.4%	$600.6M+15.1%	$521.6M+11.2%	$469.1M-3.3%	$484.9M+39.6%	$347.3M+4.5%	$332.3M+3.0%	$322.6M
Accounts Receivable	$723.0M+6.6%	$678.0M-10.0%	$753.0M-4.2%	$785.9M+1.5%	$774.0M+34.6%	$575.1M+0.2%	$573.7M+9.6%	$523.3M+7.4%	$487.2M	N/A	$410.9M-2.4%	$421.0M+71.5%	$245.4M+9.5%	$224.1M+10.0%	$203.7M
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0-100.0%	$9.8Mn/m	$0n/m	$0
Goodwill	$3.6B+6.5%	$3.4B+0.1%	$3.4B-7.1%	$3.6B+4.4%	$3.5B+44.8%	$2.4B+0.7%	$2.4B-0.1%	$2.4B+11.1%	$2.2B0.0%	$2.2B+4.4%	$2.1B0.0%	$2.1B+235.5%	$616.6M+0.1%	$616.2M-0.1%	$616.7M
Total Liabilities	$8.7B-0.4%	$8.7B+22.9%	$7.1B-9.4%	$7.8B-0.4%	$7.9B+67.6%	$4.7B-1.9%	$4.8B+3.8%	$4.6B+6.8%	$4.3B+36.5%	$3.2B+9.0%	$2.9B+1.1%	$2.9B+70.2%	$1.7B-1.5%	$1.7B+0.7%	$1.7B
Current Liabilities	$895.0M-10.7%	$1.0B-14.4%	$1.2B-19.1%	$1.4B+92.1%	$752.6M+50.7%	$499.3M-40.5%	$838.5M+6.6%	$786.7M+13.3%	$694.2M+27.0%	$546.6M+49.1%	$366.7M-7.6%	$396.6M+88.4%	$210.5M+21.5%	$173.3M-0.2%	$173.7M
Non-Current Liabilities	$7.8B+0.9%	$7.7B+30.3%	$5.9B-7.2%	$6.4B-10.2%	$7.1B+69.6%	$4.2B+6.3%	$3.9B+3.3%	$3.8B+5.5%	$3.6B+38.4%	$2.6B+3.2%	$2.5B+2.4%	$2.5B+67.6%	$1.5B-4.1%	$1.5B+0.8%	$1.5B
Long-Term Debt	$5.3B+0.1%	$5.3B+34.0%	$3.9B-9.1%	$4.3B-14.9%	$5.1B+94.3%	$2.6B+7.9%	$2.4B-10.9%	$2.7B+0.1%	$2.7B+81.1%	$1.5B-2.8%	$1.6B-1.3%	$1.6B+54.2%	$1.0B-2.3%	$1.0B-1.0%	$1.1B
Total Equity	$10.0B+6.1%	$9.5B+17.7%	$8.0B+12.0%	$7.2B+9.7%	$6.5B+10.9%	$5.9B+10.1%	$5.4B+8.2%	$4.9B+5.7%	$4.7B+13.0%	$4.1B+2.0%	$4.1B-6.8%	$4.4B+182.9%	$1.5B+9.0%	$1.4B+0.1%	$1.4B
Retained Earnings	$6.4B+8.2%	$5.9B+29.6%	$4.6B+22.7%	$3.7B+17.6%	$3.2B+21.3%	$2.6B+25.5%	$2.1B+22.7%	$1.7B+17.6%	$1.4B+53.9%	$935.6M+7.0%	$874.4M-27.9%	$1.2B+5.6%	$1.1B+4.3%	$1.1B+1.0%	$1.1B

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Total Assets	$21.3B+17.9%	$20.5B+15.6%	$18.7B+3.0%	$18.7B+13.3%	$18.1B+10.6%	$17.7B+9.1%	$18.2B+20.1%	$16.5B+10.4%
Current Assets	$2.4B+2.2%	$2.4B+12.0%	$3.2B+30.4%	$3.4B+47.6%	$2.4B+7.4%	$2.1B-53.5%	$2.4B-37.5%	$2.3B-17.7%
Cash & Equivalents	$112.0M-50.2%	$273.0M+170.3%	$67.0M-90.0%	$57.0M+9.6%	$225.0M+106.4%	$101.0M-96.2%	$670.0M-47.3%	$52.0M-92.0%
Short-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Inventory	$1.2B+1.2%	$1.2B+3.4%	$1.1B+5.9%	$1.0B-5.1%	$1.2B+4.5%	$1.2B+5.2%	$1.0B+2.9%	$1.1B+9.7%
Accounts Receivable	$1.0B+12.8%	$780.0M+6.4%	$723.0M+6.6%	$984.0M+7.4%	$904.0M-0.6%	$733.0M+4.3%	$678.0M-10.0%	$916.0M-12.6%
Long-Term Investments	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m	$0n/m
Goodwill	$4.0B+4.8%	$3.8B+1.5%	$3.6B+6.5%	$3.6B-4.3%	$3.8B-1.7%	$3.8B+8.5%	$3.4B+0.1%	$3.8B+3.2%
Total Liabilities	$9.8B+12.1%	$9.2B+6.5%	$8.7B-0.4%	$8.9B+22.2%	$8.7B+16.2%	$8.6B+17.3%	$8.7B+22.9%	$7.3B+2.6%
Current Liabilities	$1.7B+70.7%	$1.0B+10.6%	$895.0M-10.7%	$1.2B+16.2%	$1.0B-14.8%	$935.0M-34.6%	$1.0B-14.4%	$993.0M-13.0%
Non-Current Liabilities	$8.0B+4.3%	$8.2B+6.0%	$7.8B+0.9%	$7.8B+23.1%	$7.7B+22.0%	$7.7B+29.8%	$7.7B+30.3%	$6.3B+5.6%
Long-Term Debt	$5.1B-3.8%	$5.3B+0.1%	$5.3B+0.1%	$5.3B+34.0%	$5.3B+34.1%	$5.3B+34.0%	$5.3B+34.0%	$3.9B+0.1%
Total Equity	$11.5B+23.3%	$11.3B+24.4%	$10.0B+6.1%	$9.7B+6.2%	$9.4B+5.9%	$9.1B+2.3%	$9.5B+17.7%	$9.2B+17.5%
Retained Earnings	$7.9B+35.4%	$7.7B+38.6%	$6.4B+8.2%	$6.2B+8.9%	$5.8B+8.5%	$5.5B+2.2%	$5.9B+29.6%	$5.7B+31.1%

MLM Cash Flow Statement

MLM quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$1.5B	$1.8B+22.3%	$1.5B-4.5%	$1.5B+54.2%	$991.0M-12.9%	$1.1B+8.3%	$1.1B+8.7%	$966.1M+37.0%	$705.1M+7.2%	$657.6M-4.5%	$688.9M+18.7%	$580.6M+50.5%	$385.9M+24.9%	$309.0M+38.7%	$222.7M-14.1%	$259.1M
Depreciation & Amortization	N/A	$637.0M+11.2%	$573.0M+11.7%	$513.0M+1.4%	$506.0M+12.0%	$451.7M+14.8%	$393.5M+5.9%	$371.5M+8.0%	$344.0M+15.7%	$297.2M+4.2%	$285.3M+8.2%	$263.6M+18.3%	$222.7M+28.2%	$173.8M-1.9%	$177.2M+2.2%	$173.4M
Stock-Based Compensation	N/A	$46.0M-20.7%	$58.0M+16.0%	$50.0M+16.3%	$43.0M0.0%	$43.0M+43.3%	$30.0M-12.0%	$34.1M+16.4%	$29.3M-3.9%	$30.5M+48.9%	$20.5M+50.7%	$13.6M+51.1%	$9.0M+28.3%	$7.0M-9.9%	$7.8M-32.5%	$11.5M
Capital Expenditures	$709.0M	$807.0M-5.6%	$855.0M+31.5%	$650.0M+34.9%	$482.0M+13.9%	$423.1M+17.6%	$359.7M-8.6%	$393.5M+4.7%	$376.0M-8.4%	$410.3M+5.9%	$387.3M+21.7%	$318.2M+37.1%	$232.2M+49.6%	$155.2M+2.8%	$151.0M-2.8%	$155.4M
Free Cash Flow	$810.0M	$978.0M+61.9%	$604.0M-31.2%	$878.0M+72.5%	$509.0M-28.8%	$714.6M+3.5%	$690.4M+20.6%	$572.6M+74.0%	$329.1M+33.1%	$247.3M-18.0%	$301.7M+15.0%	$262.4M+70.7%	$153.7M0.0%	$153.7M+114.5%	$71.7M-30.9%	$103.7M
Investing Cash Flow	-$1.7B	-$1.6Bn/m	-$2.4B-632.5%	$459.0Mn/m	-$484.0Mn/m	-$3.5Bn/m	-$409.7Mn/m	-$385.9Mn/m	-$1.9Bn/m	-$386.1Mn/m	-$555.0M-726.8%	$88.5Mn/m	-$49.3Mn/m	-$214.5Mn/m	-$143.2Mn/m	-$238.9M
Financing Cash Flow	$69.0M	-$800.0M-314.5%	$373.0Mn/m	-$1.1Bn/m	-$407.0M-117.8%	$2.3Bn/m	-$357.0Mn/m	-$604.1Mn/m	-$158.4M-114.1%	$1.1Bn/m	-$252.3Mn/m	-$609.4Mn/m	-$270.3Mn/m	-$77.4Mn/m	-$80.1Mn/m	-$64.5M
Dividends Paid	$202.0M	$197.0M+4.2%	$189.0M+8.6%	$174.0M+8.8%	$160.0M+8.3%	$147.8M+5.3%	$140.3M+8.1%	$129.8M+11.5%	$116.4M+6.9%	$108.9M+3.7%	$105.0M-2.3%	$107.5M+17.7%	$91.3M+23.1%	$74.2M+0.6%	$73.8M+0.2%	$73.6M
Share Buybacks	$200.0M	$450.0M0.0%	$450.0M+200.0%	$150.0M0.0%	$150.0Mn/m	$0-100.0%	$50.0M-49.1%	$98.2M-2.2%	$100.4M+0.4%	$100.0M-61.4%	$259.2M-50.1%	$520.0M	N/A	N/A	N/A	N/A

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Operating Cash Flow	$112.0M-71.1%	$227.0M+4.1%	$629.0M-8.3%	$551.0M-8.2%	$387.0M+38600.0%	$218.0M+26.7%	$686.0M+23.6%	$600.0M+32.2%
Depreciation & Amortization	$204.0M+22.2%	$167.0M+8.4%	$157.0M+5.4%	$159.0M+4.6%	$167.0M+17.6%	$154.0M+18.5%	$149.0M+16.4%	$152.0M+15.2%
Stock-Based Compensation	N/A	$31.0M0.0%	N/A	N/A	N/A	$31.0M+106.7%	N/A	N/A
Capital Expenditures	$128.0M-28.5%	$186.0M-20.2%	$205.0M-12.0%	$190.0M-32.9%	$179.0M+28.8%	$233.0M+16.5%	$233.0M+25.3%	$283.0M+65.5%
Free Cash Flow	-$16.0M-107.7%	$41.0Mn/m	$424.0M-6.4%	$361.0M+13.9%	$208.0Mn/m	-$15.0Mn/m	$453.0M+22.8%	$317.0M+12.0%
Investing Cash Flow	-$861.0Mn/m	$293.0Mn/m	-$375.0Mn/m	-$761.0Mn/m	-$190.0Mn/m	-$262.0M-118.4%	-$1.4B-1137.6%	-$298.0M-157.0%
Financing Cash Flow	$596.0Mn/m	-$314.0Mn/m	-$257.0M-119.6%	$44.0Mn/m	-$62.0Mn/m	-$525.0Mn/m	$1.3Bn/m	-$359.0Mn/m
Dividends Paid	$51.0M+6.3%	$51.0M+4.1%	$50.0M+4.2%	$50.0M+2.0%	$48.0M+4.3%	$49.0M+6.5%	$48.0M+4.3%	$49.0M+8.9%
Share Buybacks	$0n/m	$200.0M-55.6%	$0n/m	$0n/m	$0-100.0%	$450.0M+200.0%	$0n/m	$0n/m

MLM Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

MLM quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	30.7%+1.8pp	28.9%-0.9pp	29.8%+6.7pp	23.1%-1.8pp	24.9%-1.6pp	26.5%+1.6pp	24.9%+2.1pp	22.8%-1.7pp	24.5%+0.6pp	23.9%+3.3pp	20.5%+3.0pp	17.6%+0.7pp	16.9%+0.8pp	16.1%-1.5pp	17.6%
Operating Margin	23.4%-20.4pp	43.8%+21.0pp	22.8%+3.2pp	19.6%+1.6pp	18.0%-3.3pp	21.3%+2.6pp	18.7%+2.4pp	16.3%-1.4pp	17.7%-0.1pp	17.7%+3.8pp	14.0%+2.9pp	11.1%+0.9pp	10.1%+2.4pp	7.7%-1.7pp	9.4%
Net Margin	18.5%-16.7pp	35.2%+15.3pp	20.0%+5.9pp	14.1%+1.1pp	13.0%-2.3pp	15.2%+2.3pp	12.9%+1.8pp	11.1%-6.9pp	18.0%+6.9pp	11.1%+3.0pp	8.2%+2.9pp	5.3%-0.4pp	5.6%+1.5pp	4.2%-0.6pp	4.8%
Return on Equity	11.3%-9.8pp	21.1%+6.6pp	14.5%+2.5pp	12.1%+1.3pp	10.8%-1.5pp	12.2%+0.8pp	11.4%+1.9pp	9.5%-5.7pp	15.2%+5.0pp	10.3%+3.2pp	7.1%+3.5pp	3.6%-4.3pp	7.9%+1.9pp	6.0%+0.1pp	5.9%
Return on Assets	6.1%-4.9pp	11.0%+3.3pp	7.7%+1.9pp	5.8%+0.9pp	4.9%-1.9pp	6.8%+0.8pp	6.0%+1.1pp	4.9%-3.0pp	7.9%+2.1pp	5.8%+1.7pp	4.2%+2.0pp	2.2%-1.7pp	3.8%+1.1pp	2.7%+0.1pp	2.6%
Current Ratio	3.57+1.1x	2.44-0.9x	3.35+1.4x	1.99-0.7x	2.69-0.6x	3.34+1.6x	1.700.0x	1.74-2.1x	3.79+1.8x	1.99-1.0x	2.95+0.3x	2.63-1.0x	3.59-0.5x	4.04+0.3x	3.79
Debt-to-Equity	0.530.0x	0.56+0.1x	0.49-0.1x	0.61-0.2x	0.78+0.3x	0.450.0x	0.45-0.1x	0.550.0x	0.58+0.2x	0.360.0x	0.380.0x	0.36-0.3x	0.66-0.1x	0.740.0x	0.75
Liabilities-to-Equity	0.86-0.1x	0.920.0x	0.88-0.2x	1.09-0.1x	1.20+0.4x	0.80-0.1x	0.890.0x	0.930.0x	0.92+0.2x	0.760.0x	0.71+0.1x	0.66-0.4x	1.10-0.1x	1.210.0x	1.21
Asset Turnover	0.330.0x	0.31-0.1x	0.390.0x	0.410.0x	0.38-0.1x	0.450.0x	0.470.0x	0.440.0x	0.44-0.1x	0.520.0x	0.51+0.1x	0.41-0.3x	0.680.0x	0.64+0.1x	0.54
FCF Margin	15.9%+5.2pp	10.7%-4.3pp	15.0%+6.8pp	8.3%-4.9pp	13.2%-1.4pp	14.6%+2.5pp	12.1%+4.3pp	7.8%+1.5pp	6.2%-1.7pp	7.9%+0.5pp	7.4%+2.2pp	5.2%-1.9pp	7.1%+3.6pp	3.5%-2.5pp	6.0%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-K	Q3'2510-K	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-K
Gross Margin	25.4%-5.4pp	22.8%-4.4pp	30.5%+0.5pp	33.1%+1.9pp	30.8%+1.9pp	27.1%+3.4pp	30.0%-0.2pp	31.2%-2.7pp
Operating Margin	19.1%-6.6pp	11.9%-3.5pp	N/A	27.4%+2.6pp	25.7%0.0pp	15.4%	N/A	24.7%-3.7pp
Net Margin	12.9%-7.5pp	111.1%	18.2%-2.6pp	22.4%+0.3pp	20.4%+1.5pp	10.0%-89.0pp	20.8%-20.7pp	22.1%+1.2pp
Return on Equity	2.2%-1.3pp	13.4%+12.1pp	2.8%-0.3pp	4.3%+0.3pp	3.5%+0.2pp	1.3%-10.5pp	3.1%-0.4pp	4.0%-1.4pp
Return on Assets	1.2%-0.6pp	7.4%+6.7pp	1.5%-0.1pp	2.2%0.0pp	1.8%0.0pp	0.7%-5.8pp	1.6%-0.3pp	2.2%-0.6pp
Current Ratio	1.41-0.9x	2.280.0x	3.57+1.1x	2.97+0.6x	2.35+0.5x	2.25-0.9x	2.44-0.9x	2.34-0.1x
Debt-to-Equity	0.44-0.1x	0.47-0.1x	0.530.0x	0.54+0.1x	0.57+0.1x	0.58+0.1x	0.56+0.1x	0.43-0.1x
Liabilities-to-Equity	0.85-0.1x	0.81-0.1x	0.86-0.1x	0.92+0.1x	0.93+0.1x	0.95+0.1x	0.920.0x	0.80-0.1x
Asset Turnover	0.090.0x	0.070.0x	0.080.0x	0.100.0x	0.090.0x	0.070.0x	0.080.0x	0.100.0x
FCF Margin	-0.8%-13.8pp	3.0%+4.3pp	27.6%-4.4pp	19.6%+0.3pp	12.9%+21.8pp	-1.3%+1.4pp	32.1%-22.0pp	19.3%+5.1pp

Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.

Similar Companies

Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.

Company	Fiscal year	Revenue	Net income	Net margin	Market cap	Health score
Martin Marietta Materials MLM	FY2025	$6.2B	$1.1B	18.5%	$36.0B	64/100
Vulcan Materials Company(Holding Company) VMC	FY2025	$7.9B	$1.1B	13.6%	$33.9B	61/100
CRH Public Limited Company CRH	FY2025	$37.4B	$3.8B	10.0%	$56.5B	57/100
Cemex S.A.B. de C.V. CX	FY2025	$16.1B	$970.0M	6.0%	$14.7B	51/100
James Hardie Industries plc JHX	FY2026	$4.8B	$104.0M	2.1%	$15.2B	53/100
Eagle Materials, Inc. EXP	FY2026	$2.3B	$423.8M	18.4%	$5.4B	69/100

Where Martin Marietta Materials Ranks

Frequently Asked Questions

What is Martin Marietta Materials's annual revenue?

Martin Marietta Materials (MLM) reported $6.2B in total revenue for fiscal year 2025. This represents a 8.6% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Martin Marietta Materials's revenue growing?

Martin Marietta Materials (MLM) revenue grew by 8.6% year-over-year, from $5.7B to $6.2B in fiscal year 2025.

Is Martin Marietta Materials profitable?

Yes, Martin Marietta Materials (MLM) reported a net income of $2.5B over the trailing 12 months to June 30, 2026. In fiscal year 2025 it reported a net income of $1.1B, with a net profit margin of 18.5%.

What is Martin Marietta Materials's EBITDA?

Martin Marietta Materials (MLM) had EBITDA of $2.1B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Martin Marietta Materials have?

As of fiscal year 2025, Martin Marietta Materials (MLM) had $67.0M in cash and equivalents against $5.3B in long-term debt.

What is Martin Marietta Materials's gross margin?

Martin Marietta Materials (MLM) had a gross margin of 30.7% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Martin Marietta Materials's operating margin?

Martin Marietta Materials (MLM) had an operating margin of 23.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Martin Marietta Materials's net profit margin?

Martin Marietta Materials (MLM) had a net profit margin of 18.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Does Martin Marietta Materials pay dividends?

Yes, Martin Marietta Materials (MLM) paid $3.24 per share in dividends during fiscal year 2025.

What is Martin Marietta Materials's return on equity (ROE)?

Martin Marietta Materials (MLM) has a return on equity of 11.3% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Martin Marietta Materials's free cash flow?

Martin Marietta Materials (MLM) generated $978.0M in free cash flow during fiscal year 2025. This represents a 61.9% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Martin Marietta Materials's operating cash flow?

Martin Marietta Materials (MLM) generated $1.8B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Martin Marietta Materials's total assets?

Martin Marietta Materials (MLM) had $18.7B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Martin Marietta Materials's capital expenditures?

Martin Marietta Materials (MLM) invested $807.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Martin Marietta Materials buy back shares?

Yes, Martin Marietta Materials (MLM) spent $450.0M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

How many shares does Martin Marietta Materials have outstanding?

Martin Marietta Materials (MLM) had 60M shares outstanding as of fiscal year 2025.

What is Martin Marietta Materials's current ratio?

Martin Marietta Materials (MLM) had a current ratio of 3.57 as of fiscal year 2025, which is generally considered healthy.

What is Martin Marietta Materials's debt-to-equity ratio?

Martin Marietta Materials (MLM) had a debt-to-equity ratio of 0.53 as of fiscal year 2025. We compute it as long-term debt divided by total shareholder equity, where long-term debt is the noncurrent part of the company's borrowings, so debt due within the next twelve months is not counted.

What is Martin Marietta Materials's liabilities-to-equity ratio?

Martin Marietta Materials (MLM) had a liabilities-to-equity ratio of 0.86 as of fiscal year 2025, which is total liabilities divided by total shareholder equity. Total liabilities counts every obligation on the balance sheet (payables, deposits, insurance reserves and deferred taxes as well as borrowings), so this ratio usually runs well above debt-to-equity.

What is Martin Marietta Materials's return on assets (ROA)?

Martin Marietta Materials (MLM) had a return on assets of 6.1% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Martin Marietta Materials's P/E ratio?

Martin Marietta Materials (MLM) trades at 14.7x earnings, its market capitalization divided by $2.5B net income, trailing 12 months to June 30, 2026. The market capitalization is $36.0B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Martin Marietta Materials's price-to-sales ratio?

Martin Marietta Materials (MLM) trades at 5.4x sales, its market capitalization divided by $6.7B revenue, trailing 12 months to June 30, 2026. The market capitalization is $36.0B as of Oct 23, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Martin Marietta Materials's Altman Z-Score?

Martin Marietta Materials (MLM) has an Altman Z-Score of 3.70, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Martin Marietta Materials's Piotroski F-Score?

Martin Marietta Materials (MLM) has a Piotroski F-Score of 8 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Martin Marietta Materials's earnings high quality?

Martin Marietta Materials (MLM) has an earnings quality ratio of 1.57x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Martin Marietta Materials cover its interest payments?

Martin Marietta Materials (MLM) has an interest coverage ratio of 6.25x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Martin Marietta Materials?

Martin Marietta Materials (MLM) scores 64 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is the average of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.