Martin Marietta Materials, Inc., together with its subsidiaries, supplies aggregates products and heavy building materials for the construction industry in the United States and internationally. It operates through Mid-America Group, Southeast Group, West Group, Cement, and Magnesia Specialties segments. The company mines, processes, and sells granite, limestone, sand, gravel, and other aggregate products for use in the public infrastructure, and nonresidential and residential construction industries, as well as in the agriculture, railroad ballast, chemical, and other applications. It also offers asphalt products, ready mixed concrete, and road paving construction services; and produces Portland and specialty cements for use in infrastructure projects, and nonresidential and residential construction, as well as in the railroad, agricultural, utility, and environmental industries. In addition, the company manufactures and markets magnesia-based chemical products for the industrial, agricultural, and environmental applications; and dolomitic lime primarily for use in the steel industry. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications.

Martin Marietta Materials was founded in 1993 and is headquartered in Raleigh, US

Martin Marietta Materials has an office in Raleigh

Raleigh, US (HQ)

2710 Wycliff Rd

Martin Marietta Materials's revenue was reported to be $791.7 m in Q1, 2017

USD

## Revenue (Q1, 2017) | 791.7 m |

## Gross profit (Q1, 2017) | 147.1 m |

## Gross profit margin (Q1, 2017), % | 19% |

## Net income (Q1, 2017) | 42.3 m |

## Market capitalization (17-Aug-2017) | 12.7 b |

## Cash (31-Mar-2017) | 55.4 m |

Martin Marietta Materials's current market capitalization is $12.7 b.

USD | FY, 2010^{} | FY, 2011^{} | FY, 2012^{} | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|---|

## Revenue | 2.2 b | 2.7 b | 3.3 b | 3.8 b | |||

## Revenue growth, % | 24% | 22% | 17% | ||||

## Cost of goods sold | 1.2 b | 1.2 b | 1.5 b | 1.6 b | 2.2 b | 2.5 b | 2.7 b |

## Gross profit | 576.3 m | 522.4 m | 721.8 m | 1.2 b | |||

## Gross profit Margin, % | 27% | 19% | 22% | 30% | |||

## General and administrative expense | 248 m | ||||||

## Operating expense total | 248 m | ||||||

## EBIT | 218 m | ||||||

## EBIT margin, % | 10% | ||||||

## Interest expense | 68.4 m | 58.6 m | 53.3 m | 53.5 m | 66.1 m | 76.3 m | 81.7 m |

## Income tax expense | 30.9 m | 21 m | 17.4 m | 44 m | 94.8 m | 124.9 m | |

## Net Income | 119.4 m | 154.3 m | 288.9 m | 425.4 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Revenue | 601.9 m | 917.9 m | 631.9 m | 850.2 m | 1 b | 734 m | 915.4 m | 1 b | 791.7 m |

## Cost of goods sold | 466.3 m | 722.3 m | 557.6 m | 650.1 m | 742.7 m | 589.3 m | 668.7 m | 745.8 m | 644.6 m |

## Gross profit | 135.6 m | 195.6 m | 74.3 m | 200.2 m | 262.5 m | 144.6 m | 246.7 m | 292.6 m | 147.1 m |

## Gross profit Margin, % | 23% | 21% | 12% | 24% | 26% | 20% | 27% | 28% | 19% |

## Net Income | 59.6 m | 53.8 m | 6.2 m | 82 m | 117.6 m | 45.1 m | 122.1 m | 159.5 m | 42.3 m |

USD | Y, 2009^{} | Y, 2010^{} | Y, 2011^{} | Y, 2012^{} | Y, 2013^{} | Y, 2014^{} | Y, 2015^{} | FY, 2016^{} |
---|---|---|---|---|---|---|---|---|

## Cash | 263.6 m | 70.3 m | 26 m | 25.4 m | 42.4 m | 108.7 m | 168.4 m | 50 m |

## Accounts Receivable | 245.4 m | 421 m | 410.9 m | 457.9 m | ||||

## Inventories | 521.6 m | |||||||

## Current Assets | 755.4 m | 1.3 b | 1.1 b | 1.1 b | ||||

## PP&E | 1.8 b | 3.4 b | 3.2 b | 3.4 b | ||||

## Goodwill | 616.6 m | 2.1 b | 2.1 b | 2.2 b | ||||

## Total Assets | 3.3 b | 7.5 b | 7 b | 7.3 b | ||||

## Accounts Payable | 103.6 m | 202.5 m | 164.7 m | 178.6 m | ||||

## Total Debt | 1.5 b | |||||||

## Current Liabilities | 210.5 m | 396.6 m | 367.2 m | 546.6 m | ||||

## Total Liabilities | 3.2 b | |||||||

## Common Stock | 461 k | 671 k | 643 k | 630 k | ||||

## Additional Paid-in Capital | 432.8 m | 3.2 b | 3.3 b | 3.3 b | ||||

## Retained Earnings | 1.1 b | 1.2 b | 874.4 m | 935.6 m | ||||

## Total Equity | 1.6 b | 4.4 b | 4.1 b | 4.1 b | ||||

## Debt to Equity Ratio | 0.4 x | |||||||

## Debt to Assets Ratio | 0.2 x | |||||||

## Financial Leverage | 2.1 x | 1.7 x | 1.7 x | 1.8 x |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Cash | 34.3 m | 73.6 m | 56.4 m | 44.2 m | 436.4 m | 27.2 m | 28.6 m | 60.7 m | 55.4 m |

## Accounts Receivable | 343.8 m | 523.9 m | 381.4 m | 497.5 m | 577.4 m | 448 m | 534.5 m | 566.4 m | 479.2 m |

## Inventories | 348.2 m | 475.3 m | 505 m | 479.9 m | 464.5 m | 485.4 m | 504.9 m | 508.2 m | 537 m |

## Current Assets | 876.7 m | 1.2 b | 1.3 b | 1.8 b | 1.6 b | 998.3 m | 1.1 b | 1.2 b | 1.1 b |

## Goodwill | 616.6 m | 2 b | 2.1 b | 2.1 b | 2.1 b | 2.1 b | 2.1 b | 2.2 b | 2.2 b |

## Total Assets | 3.4 b | 7.3 b | 7.4 b | 7.5 b | 7.4 b | 7.1 b | 7.2 b | 7.4 b | 7.4 b |

## Accounts Payable | 139.4 m | 230.2 m | 184.1 m | 201.2 m | 226.8 m | 174.4 m | 197.7 m | 192.7 m | 188.4 m |

## Current Liabilities | 244.7 m | 437 m | 343.6 m | 363.8 m | 575.4 m | 492.1 m | 601.6 m | 604.9 m | 631.6 m |

## Additional Paid-in Capital | 457 m | 3.2 b | 3.3 b | 3.3 b | 3.3 b | 3.3 b | 3.3 b | 3.3 b | 3.3 b |

## Retained Earnings | 1.1 b | 1.2 b | 1.2 b | 1.1 b | 1.1 b | 743.6 m | 800 m | 932.7 m | 851.4 m |

## Total Equity | 1.6 b | 4.4 b | 4.3 b | 4.3 b | 4.3 b | 3.9 b | 4 b | 4.2 b | 4.1 b |

## Financial Leverage | 2.1 x | 1.7 x | 1.7 x | 1.7 x | 1.7 x | 1.8 x | 1.8 x | 1.8 x | 1.8 x |

USD | FY, 2013^{} | FY, 2014^{} | FY, 2015^{} | FY, 2016^{} |
---|---|---|---|---|

## Net Income | 119.4 m | 154.3 m | 288.9 m | 425.4 m |

## Depreciation and Amortization | 173.8 m | 222.7 m | 263.6 m | 285.3 m |

## Accounts Receivable | (23 m) | (17 m) | 12.3 m | (25.1 m) |

## Accounts Payable | 20.1 m | 5.3 m | (40.1 m) | (8.1 m) |

## Cash From Operating Activities | 309 m | 381.7 m | 573.2 m | 678.7 m |

## Purchases of PP&E | (155.2 m) | (232.2 m) | (318.2 m) | (387.3 m) |

## Cash From Investing Activities | (214.5 m) | (49.3 m) | 88.5 m | (555.3 m) |

## Long-term Borrowings | (621.1 m) | (1.1 b) | (244.7 m) | (449.3 m) |

## Dividends Paid | (74.2 m) | (91.3 m) | (107.5 m) | (105 m) |

## Cash From Financing Activities | (77.4 m) | (266.1 m) | (601.9 m) | (241.7 m) |

## Interest Paid | 52 m | 81.3 m | 71 m | |

## Income Taxes Paid | 23.5 m | 16 m | 46.8 m |

USD | Q2, 2014^{} | Q3, 2014^{} | Q1, 2015^{} | Q2, 2015^{} | Q3, 2015^{} | Q1, 2016^{} | Q2, 2016^{} | Q3, 2016^{} | Q1, 2017^{} |
---|---|---|---|---|---|---|---|---|---|

## Net Income | 59.6 m | 53.8 m | 6.2 m | 82 m | 117.6 m | 45.1 m | 122.1 m | 159.5 m | 42.3 m |

## Depreciation and Amortization | 86.1 m | 154.1 m | 67.3 m | 135 m | 199.9 m | 68.4 m | 139.6 m | 212 m | 70.4 m |

## Accounts Receivable | (98.9 m) | (120.1 m) | 40 m | (76.1 m) | (155.1 m) | (29.7 m) | (117.5 m) | (133.8 m) | (21.3 m) |

## Accounts Payable | 35.8 m | 26.5 m | (20.3 m) | (3.4 m) | 22.2 m | 9.2 m | 32.5 m | 12.4 m | 8.5 m |

## Cash From Operating Activities | 70.4 m | 201.6 m | 35.1 m | 127.1 m | 319.6 m | 67 m | 203.4 m | 414.1 m | 74 m |

## Purchases of PP&E | (84.7 m) | (138.6 m) | (56.1 m) | (128 m) | (212.4 m) | (94.2 m) | (210.6 m) | (285.5 m) | (102.1 m) |

## Cash From Investing Activities | (82.2 m) | 35.2 m | (63.4 m) | (134.9 m) | 200.6 m | (210.4 m) | (325.6 m) | (454.7 m) | (101.6 m) |

## Long-term Borrowings | (46.4 m) | (1 b) | (4.7 m) | (8.1 m) | (111.4 m) | (26.4 m) | (70.4 m) | (168.3 m) | (45 m) |

## Dividends Paid | (37.3 m) | (64.3 m) | (28.4 m) | (54.3 m) | (81.2 m) | (25.8 m) | (51.5 m) | (78.3 m) | (26.6 m) |

## Cash From Financing Activities | 3.7 m | (205.6 m) | (24 m) | (56.6 m) | (192.4 m) | 2.2 m | (17.5 m) | (67.1 m) | 32.9 m |

## Interest Paid | 25.2 m | 56.2 m | 11.4 m | 35.4 m | 47.1 m | 11.4 m | 36.6 m | 48.8 m | |

## Income Taxes Paid | 6 m | 18.7 m | 24.3 m | 30.9 m | 10.7 m | 47.2 m | 81.6 m |

USD | Y, 2017 |
---|---|

## Revenue/Employee | 97.6 k |

## Financial Leverage | 1.8 x |

January 28, 2017

An earlier attempt tried cameras and radar but ran over budget. The project was a loss for taxpayers. But for contractors, it was a big win.