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NYSE · MINING & QUARRYING OF NONMETALLIC MINERALS (NO FUELS) · LARGE CAP

Martin Marietta Materials Inc. MLM

18 fiscal years on record · USD · FY2025 reported · SEC filings only
8 YEARS OF DIVIDEND GROWTH
$6.2B
▲ 8.6% YoY
$1.1B
▼ 43.0% YoY
$978.0M
▲ 61.9% YoY

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

In brief

What this company does

Martin Marietta Materials, Inc. supplies aggregates (crushed stone, sand and gravel) through its network of approximately 400 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. As of December 31, 2025, it also provides other building materials, namely cement, ready mixed concrete, asphalt and paving services, in targeted markets where it has a notable aggregates position. In 2025, aggregates generated 88% of the Company's total reportable segment gross profit. As of January 31, 2026, the Company had approximately 9,600 employees, of which approximately 7,100 were hourly employees and approximately 2,500 were salaried employees. For continuing operations, the Company conducts its Building Materials business through two reportable segments, organized by geography: the East Group and the West Group. Its Specialties business is reported as a separate segment and includes its magnesia-based products and dolomitic lime businesses. The East Group provides aggregates and asphalt products, while the West Group provides aggregates, ready mixed concrete, asphalt and paving services. The Company was formed in 1993 as a North Carolina corporation to succeed the operations of the materials group of the organization that is now known as Lockheed Martin Corporation.

Written from the business description in MARTIN MARIETTA MATERIALS, INC.'s annual report to the U.S. Securities and Exchange Commission, filed 19 February 2026. Every sentence was checked against that document before publication.

Growth

USD 6.2B
Revenue, FY2025 · full 18-year series below
Revenue $B Net income $B
FY2025 · Revenue 6.2 · Net income 1.1
2.5B5.0B
2008201120142017202020232025
Compound annual growth
−0.1%
+5.4%
+5.7%
+9.2%
+9.5%
+9.5%
+14.7%
+17.8%
+10.6%
+10.2%
+15.9%
+8.5%
+7.7%
+7.0%
+27.9%
+28.0%
+0.9%
+15.6%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +5.4% a year over the five years to FY2025 — but profit grew faster: net income at +9.5%, earnings per share at +10.2%.

The share count fell from 0.06B to 0.06B — the buyback concentrates the same profit into fewer slices.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

18 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 23.4% · Net 18.5%
20%40%
200820162025
ROE
FY2025 · ROE 11.7%
10%20%
200820162025
Three returns, three denominators.

Each USD of equity produced 12 cents of profit this year.

Cash & shareholders

USD 647.0M
returned in FY2025 · dividends + net buybacks
Free cash flow $M
FY2025 · FCF 978.0
400M800M
200820162025
Net buybacks $M Dividends $M
FY2025 · Dividends 197.0 · Net buybacks 450.0
250.0M500.0MDividendsNet buybacks
2008201120142017202020232025

USD 197.0M in dividends and USD 450.0M in buybacks — 57% of the year's profit went back to shareholders.

Total assetsUSD 18.7B
EquityUSD 10.0B
CashUSD 67.0M
Gross debtUSD 5.3B
Net debtUSD 5.3B
Current ratio3.57×

Net debt stands at 52% of equity.

The 18-year record

18 fiscal years
Every figure from documents filed with the SEC · USD

EPS, diluted, dividend per share and shares outstanding are shown without shading, and a vertical line marks the year the share count changed — the series crosses a large, unexplained change in share count, so the years on either side are not on a comparable scale.

row low → row highnegative—not applicable◌not available in our data
MLM, 18-year financial record
Metric 202520242023202220212020201920182017201620152014201320122011201020092008
Revenue $B6.25.75.96.25.44.74.74.24.03.83.53.02.22.01.71.71.62.1
Operating income $B1.42.51.31.21.01.00.90.70.70.70.50.30.20.20.20.20.20.3
EBITDA $B2.13.11.81.71.41.41.31.01.01.00.80.50.40.30.30.40.40.5
Income tax $B0.20.60.20.20.20.20.10.1−0.10.20.10.10.00.00.00.00.00.1
Net income $B1.12.01.20.90.70.70.60.50.70.40.30.20.10.10.10.10.10.2
Free cash flow $B1.00.60.90.50.70.70.60.30.20.30.30.10.20.10.10.10.20.1
EPS, diluted $18.7732.4118.8213.8711.2211.549.747.4311.256.634.292.712.611.831.782.101.914.18
Dividend / sh $3.243.062.802.542.362.242.061.841.721.721.641.601.601.601.601.601.601.49
Payout %17915182119212515253759618789768335
ROE %11.722.815.412.711.312.811.99.816.210.46.95.38.26.05.87.07.016.5
Shares out B0.060.060.060.060.060.060.060.060.060.060.060.070.050.050.050.050.05◌

Slide the table for earlier years. "—" not applicable · "◌" not available in our data.

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Provenance

Company facts, as filed

How we verify · 0 failures in 88 reconciliationsAUDITED

Reconciled in 18 of the 18 fiscal years we could check. Four checks were skipped: the balance sheet is not tagged before 2009. One check was skipped: EPS is not tagged before 2008. One check was skipped: revenue is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures
ActivityMining & Quarrying of Nonmetallic Minerals (No Fuels)
Listed onNYSE
Incorporated inNorth Carolina
Fiscal year endsDecember 31
Data on record since2008

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