financial statements

The full income statement, balance sheet, and cash-flow statement for Martin Marietta Materials Inc. (MLM), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

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PeriodRangeOrderChangeYoYQoQAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	6.15B YoY+8.6%	5.66B YoY-3.2%	5.85B YoY-5.0%	6.16B YoY+13.8%	5.41B YoY+14.5%
	1.89B YoY+15.5%	1.64B YoY-6.2%	1.75B YoY+22.6%	1.42B YoY+5.5%	1.35B YoY+7.6%
Cost of revenue	4.26B YoY+5.8%	4.03B YoY-1.9%	4.11B YoY-13.3%	4.74B YoY+16.5%	4.07B YoY+16.9%
Selling, general & administrative	443M YoY+3.3%	429M YoY+0.9%	425M YoY+7.1%	397M YoY+13.1%	351M YoY+14.7%
Amortization of intangibles	26.0M YoY+13.0%	23.0M YoY+4.5%	22.0M YoY-18.5%	27.0M YoY+12.5%	24.0M YoY+79.1%
Operating income	1.44B YoY-42.0%	2.48B YoY+86.0%	1.33B YoY+10.4%	1.21B YoY+23.9%	974M YoY-3.1%
Interest expense	230M YoY+36.1%	169M YoY+2.4%	165M YoY-2.4%	169M YoY+18.4%	143M YoY+20.8%
Other non-operating income	19.0M YoY-66.1%	56.0M YoY-3.4%	58.0M YoY+9.4%	53.0M YoY+117.2%	24.4M YoY+1120.0%
Pre-tax income	1.23B YoY-48.2%	2.37B YoY+93.0%	1.23B YoY+12.4%	1.09B YoY+27.5%	856M YoY-3.8%
Income tax	236M YoY-57.1%	550M YoY+135.0%	234M YoY-0.4%	235M YoY+53.4%	153M YoY-8.9%
	1.14B YoY-43.0%	2.00B YoY+70.7%	1.17B YoY+34.9%	867M YoY+23.3%	703M YoY-2.5%
Income from continuing operations	—	—	1.20B YoY+40.1%	856M YoY+22.0%	702M YoY-2.6%
Discontinued operations	147M YoY-18.3%	180M YoY+1.1%	178M YoY+1518.2%	11.0M YoY+2100.0%	500K
Net income to non-controlling interest	0.00 YoY-100.0%	1.00M YoY+0.0%	1.00M	0.00 YoY-100.0%	300K YoY+200.0%
	$18.77 YoY-42.1%	$32.41 YoY+72.2%	$18.82 YoY+35.7%	$13.87 YoY+23.6%	$11.22 YoY-2.8%
EPS (basic)	$18.81 YoY-42.1%	$32.50 YoY+72.1%	$18.88 YoY+35.7%	$13.91 YoY+23.5%	$11.26 YoY-2.6%
Weighted-avg shares (basic)	60.5M YoY-1.5%	61.4M YoY-0.8%	61.9M YoY-0.6%	62.3M YoY-0.2%	62.4M YoY+0.2%
Weighted-avg shares (diluted)	60.6M YoY-1.6%	61.6M YoY-0.8%	62.1M YoY-0.6%	62.5M YoY-0.2%	62.6M YoY+0.3%
Dividends per share	$3.24 YoY+5.9%	$3.06 YoY+9.3%	$2.80 YoY+10.2%	$2.54 YoY+7.6%	$2.36 YoY+5.4%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	3.19B YoY+30.4%	2.45B YoY-37.5%	3.92B YoY+36.2%	2.88B YoY+42.0%	2.03B YoY+21.4%
Cash & equivalents	67.0M YoY-90.0%	670M YoY-47.3%	1.27B YoY+255.3%	358M YoY+38.5%	258M YoY+24.7%
Accounts receivable	723M YoY+6.6%	678M YoY-10.0%	753M YoY-4.2%	786M YoY+1.5%	774M YoY+34.6%
Inventory	1.08B YoY+5.9%	1.02B YoY+2.9%	989M YoY+13.2%	874M YoY+16.1%	753M YoY+6.1%
Other current assets	95.0M YoY+39.7%	68.0M YoY-22.7%	88.0M YoY+9.0%	80.7M YoY-41.5%	138M YoY+97.0%
	18.7B YoY+3.0%	18.2B YoY+20.1%	15.1B YoY+0.9%	15.0B YoY+4.2%	14.4B YoY+36.0%
Property, plant & equipment	10.3B YoY+6.5%	9.66B YoY+56.2%	6.19B YoY-2.1%	6.32B YoY-0.3%	6.34B YoY+20.9%
Operating lease right-of-use	367M YoY+0.3%	366M YoY-1.6%	372M YoY-3.0%	384M YoY-10.1%	427M YoY-5.8%
Goodwill	3.61B YoY+6.5%	3.39B YoY+0.1%	3.39B YoY-7.1%	3.65B YoY+4.4%	3.49B YoY+44.8%
Intangible assets	8.00M YoY-87.1%	62.0M YoY-90.7%	664M YoY-18.2%	812M YoY-21.1%	1.03B YoY+118.0%
Long-term investments	63.8M YoY+0.0%	63.8M YoY+0.0%	63.8M YoY+0.0%	63.8M YoY+0.0%	63.8M YoY+0.0%
Other non-current assets	788M YoY+22.0%	646M YoY+15.2%	561M YoY+2.6%	547M YoY+28.2%	426M YoY+44.4%
	895M YoY-10.7%	1.00B YoY-14.4%	1.17B YoY-19.1%	1.45B YoY+92.1%	753M YoY+50.7%
Accounts payable	389M YoY+3.7%	375M YoY+9.3%	343M YoY-10.9%	385M YoY+8.1%	356M YoY+71.4%
Short-term & current debt	30.0M YoY-76.0%	125M YoY-68.8%	400M YoY-42.8%	699M YoY+699000.0%	100K YoY-99.9%
Current lease liability	62.0M YoY+12.7%	55.0M YoY+3.8%	53.0M YoY+1.7%	52.1M YoY-3.3%	53.9M YoY+10.9%
Other current liabilities	174M YoY-4.9%	183M YoY+2.8%	178M YoY+31.8%	135M YoY-4.9%	142M YoY+47.5%
	8.68B YoY-0.4%	8.71B YoY+22.9%	7.09B YoY-9.4%	7.82B YoY-0.4%	7.86B YoY+67.6%
Long-term debt	5.29B YoY+0.1%	5.29B YoY+34.0%	3.95B YoY-9.1%	4.34B YoY-14.9%	5.10B YoY+94.3%
Non-current lease liability	320M YoY-2.1%	327M YoY+0.0%	327M YoY-2.6%	336M YoY-11.5%	379M YoY-7.6%
Deferred tax liabilities	1.27B YoY+8.3%	1.17B YoY+33.8%	874M YoY-4.4%	914M YoY+2.1%	895M YoY+14.6%
Other non-current liabilities	903M YoY-2.7%	928M YoY+138.6%	389M YoY+1.1%	385M YoY-42.9%	674M YoY+81.9%
	10.0B YoY+6.1%	9.45B YoY+17.7%	8.03B YoY+12.0%	7.17B YoY+9.7%	6.54B YoY+10.9%
Preferred stock	0.00	0.00	0.00	0.00	0.00
Common stock	1.00M YoY+0.0%	1.00M YoY+0.0%	1.00M YoY+66.7%	600K YoY+0.0%	600K YoY+0.0%
Additional paid-in capital	3.57B YoY+0.5%	3.55B YoY+0.9%	3.52B YoY+0.9%	3.49B YoY+0.5%	3.47B YoY+0.9%
Retained earnings	6.40B YoY+8.2%	5.92B YoY+29.6%	4.56B YoY+22.7%	3.72B YoY+17.6%	3.16B YoY+21.3%
Accumulated other comprehensive income	60.0M YoY+561.5%	-13.0M YoY+73.5%	-49.0M YoY-27.3%	-38.5M YoY+60.6%	-97.6M YoY+38.4%
Non-controlling interest	2.00M YoY-33.3%	3.00M YoY+50.0%	2.00M YoY-13.0%	2.30M YoY+0.0%	2.30M YoY-11.5%
Total equity incl. non-controlling	10.0B YoY+6.1%	9.46B YoY+17.7%	8.04B YoY+12.0%	7.17B YoY+9.7%	6.54B YoY+10.9%
Total liabilities & equity	18.7B YoY+3.0%	18.2B YoY+20.1%	15.1B YoY+0.9%	15.0B YoY+4.2%	14.4B YoY+36.0%
Common shares issued	60.3M YoY-1.3%	61.1M YoY+1518.1%	3.78M YoY+0.0%	3.78M YoY+0.0%	3.78M YoY+0.0%
Common shares outstanding	60.3M YoY-1.3%	61.1M YoY-1.1%	61.8M YoY-0.5%	62.1M YoY-0.5%	62.4M YoY+0.2%
Shares outstanding (cover)	60.3M YoY-1.3%	61.1M YoY-1.1%	61.8M YoY-0.5%	62.1M YoY-0.5%	62.4M YoY+0.2%
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	1.78B YoY+22.3%	1.46B YoY-4.5%	1.53B YoY+54.2%	991M YoY-12.9%	1.14B YoY+8.3%
Depreciation & amortization	637M YoY+11.2%	573M YoY+11.7%	513M YoY+1.4%	506M YoY+12.0%	452M YoY+14.8%
Share-based compensation	46.0M YoY-20.7%	58.0M YoY+16.0%	50.0M YoY+16.3%	43.0M YoY+0.0%	43.0M YoY+43.3%
Deferred income taxes	69.0M YoY+253.3%	-45.0M YoY-25.0%	-36.0M YoY-3500.0%	-1.00M YoY-101.1%	92.2M YoY+110.5%
Change in receivables	51.0M YoY+163.0%	-81.0M YoY-161.3%	-31.0M YoY-358.3%	12.0M YoY-93.8%	194M YoY+3286.9%
Change in inventory	30.0M YoY-42.3%	52.0M YoY-72.5%	189M YoY+43.2%	132M YoY+280.3%	-73.2M YoY-479.3%
	-1.59B YoY+35.0%	-2.44B YoY-632.5%	459M YoY+194.8%	-484M YoY+86.1%	-3.47B YoY-748.1%
Capital expenditure	807M YoY-5.6%	855M YoY+31.5%	650M YoY+34.9%	482M YoY+13.9%	423M YoY+17.6%
Acquisitions	685M YoY-81.2%	3.64B	0.00 YoY+100.0%	-11.0M YoY-100.4%	3.11B YoY+4676.0%
Other investing activities	6.00M YoY+160.0%	-10.0M YoY-11.1%	-9.00M YoY-125.0%	-4.00M	0.00 YoY-100.0%
	-800M YoY-314.5%	373M YoY+135.1%	-1.06B YoY-161.4%	-407M YoY-117.8%	2.29B YoY+741.8%
Long-term debt issued	—	2.76B	0.00	0.00 YoY-100.0%	2.90B YoY+361.2%
Long-term debt repaid	735M YoY-56.5%	1.69B YoY+141.4%	700M YoY+1196.3%	54.0M YoY-87.1%	420M YoY-45.9%
Common stock repurchased	450M YoY+0.0%	450M YoY+200.0%	150M YoY+0.0%	150M	0.00 YoY-100.0%
Dividends paid	197M YoY+4.2%	189M YoY+8.6%	174M YoY+8.8%	160M YoY+8.3%	148M YoY+5.3%
Other financing activities	-4.00M YoY+0.0%	-4.00M YoY-300.0%	-1.00M YoY-200.0%	1.00M	—
Net change in cash	-603M YoY+1.5%	-612M YoY-166.3%	923M YoY+823.0%	100M YoY+319.8%	-45.5M YoY-116.1%
Interest paid	229M YoY+44.9%	158M YoY-0.6%	159M YoY-3.6%	165M YoY+57.3%	105M YoY-7.8%
Income taxes paid	192M YoY-49.7%	382M YoY+30.8%	292M YoY+45.3%	201M YoY+95.3%	103M YoY-10.4%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	37.6B YoY+19.0%	31.6B YoY+2.4%	30.8B YoY+46.9%	21.0B YoY-23.6%	27.5B YoY+55.4%
P/E	33.0× YoY+108.7%	15.8× YoY-45.1%	28.8× YoY+14.9%	25.1× YoY-35.8%	39.1× YoY+59.4%
P/S	6.1× YoY+9.5%	5.6× YoY+20.2%	4.6× YoY+36.0%	3.4× YoY-32.8%	5.1× YoY+35.8%
P/B	3.7× YoY+12.1%	3.3× YoY-15.5%	4.0× YoY+30.0%	3.0× YoY-27.7%	4.2× YoY+40.1%
P/FCF	38.4× YoY-26.5%	52.3× YoY+29.9%	40.2× YoY-3.2%	41.6× YoY+8.1%	38.5× YoY+50.1%
Earnings yield	3.0% YoY-52.1%	6.3% YoY+82.2%	3.5% YoY-13.0%	4.0% YoY+55.9%	2.6% YoY-37.3%
FCF yield	2.6% YoY+36.1%	1.9% YoY-23.0%	2.5% YoY+3.3%	2.4% YoY-7.5%	2.6% YoY-33.4%
Dividend yield	0.5% YoY-12.2%	0.6% YoY+5.6%	0.6% YoY-25.3%	0.8% YoY+40.3%	0.5% YoY-32.1%
Source filing	10-K	10-K	10-K	10-K	10-K

About this data

Source: MLM's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all MLM filings on SEC EDGAR → Not investment advice.

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About this data

financial statements