MLM Financials Martin Marietta

15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated 46 d ago Overview →

Growth & profitability

Revenue has grown 5.4% per year over the past 5 years.
Net income has grown faster than revenue (9.5% vs 5.4% per year).
Operating margin has expanded, at 23.4% in the latest year.
Free cash flow has grown 7.2% per year over the past 5 years.

Financial health

Total debt ($5.3B) exceeds cash ($67M); net debt is $5.3B.
Total debt has grown faster than revenue (15.2% vs 5.4% per year).
Operating income covered interest expense 6.2× in the latest year, down from 8.5× 5 years ago.
Total debt is 2.6× EBITDA.

Shareholder returns

Dividends have been paid for 15 consecutive years, consuming 17.3% of earnings and 20.1% of free cash flow.
The dividend has grown 7.0% per year over the past 5 years.

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key annual figures

FY	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
2025	$6.2B	$1.1B	30.7%	23.4%	11.3%	6.1%	$978M	$5.3B	$67M
2024	$5.7B	$2.0B	28.9%	43.8%	21.1%	11.0%	$604M	$5.4B	$670M
2023	$5.9B	$1.2B	29.8%	22.8%	14.6%	7.7%	$878M	$4.3B	$1.3B
2022	$6.2B	$867M	23.1%	19.6%	12.1%	5.8%	$509M	$5.0B	$358M
2021	$5.4B	$703M	24.9%	18.0%	10.8%	4.9%	$715M	$5.1B	$258M
2020	$4.7B	$721M	26.5%	21.3%	12.2%	6.8%	$690M	$2.6B	$207M
2019	$4.7B	$612M	24.9%	18.7%	11.4%	6.0%	$573M	$2.8B	$21M
2018	$4.2B	$470M	22.8%	16.3%	9.5%	4.9%	$329M	$3.1B	$45M
2017	$4.0B	$713M	24.5%	17.7%	15.2%	7.9%	$247M	$3.0B	$1.4B
2016	$3.8B	$425M	23.9%	17.7%	10.3%	5.8%	$302M	$1.7B	$50M
2015	—	$289M	—	—	7.1%	4.2%	$262M	$1.6B	$168M
2014	—	$156M	—	—	3.6%	2.2%	$154M	$1.6B	$109M
2013	—	$121M	—	—	7.9%	3.8%	$154M	$1.0B	$42M
2012	—	$84M	—	—	6.0%	2.7%	$72M	$1.0B	$25M
2011	—	$82M	—	—	5.8%	2.6%	$104M	$1.1B	$26M

Revenue & net income

RevenueNet income

Margins (gross / operating / net)

GrossOperatingNet

Return on equity & assets (ROE / ROA)

ROEROA

Free cash flow (CFO − capex, quarterly)

Free cash flow

Cash vs total debt

CashTotal debt

Cash flow: operating / investing / financing

OperatingInvestingFinancing

Key quarterly figures

Quarter	Revenue	Net income	Gross M	Op M	ROE	ROA	FCF	Total debt	Cash
Jun '26	$1.9B	$251M	25.4%	19.1%	2.2%	1.2%	-$16M	$6.0B	$112M
Mar '26	$1.4B	$1.5B	22.8%	11.9%	13.4%	7.4%	$41M	$5.3B	$273M
Dec '25	$1.5B	$279M	30.5%	22.2%	2.8%	1.5%	$424M	$5.3B	$67M
Sep '25	$1.8B	$414M	33.1%	27.4%	4.3%	2.2%	$361M	$5.5B	$57M
Jun '25	$1.6B	$328M	30.8%	25.7%	3.5%	1.8%	$208M	$5.4B	$225M
Mar '25	$1.2B	$116M	27.1%	15.4%	1.3%	0.7%	-$15M	$5.4B	$101M
Dec '24	$1.4B	$294M	30.0%	24.0%	3.1%	1.6%	$453M	$5.4B	$670M
Sep '24	$1.6B	$363M	31.2%	24.7%	4.0%	2.2%	$317M	$4.0B	$52M
Jun '24	$1.6B	$293M	28.9%	25.6%	3.3%	1.8%	-$138M	$4.3B	$109M
Mar '24	$1.3B	$1.0B	21.7%	113.6%	11.8%	6.4%	-$28M	$4.3B	$2.6B
Dec '23	$1.6B	$283M	30.1%	23.0%	3.5%	1.9%	$369M	$4.3B	$1.3B
Sep '23	$2.0B	$417M	33.9%	28.4%	5.3%	2.8%	$283M	$4.3B	$648M
Jun '23	$1.8B	$348M	30.8%	25.4%	4.7%	2.3%	$239M	$5.0B	$422M
Mar '23	$1.4B	$121M	22.4%	14.5%	1.7%	0.8%	-$13M	$5.0B	$229M
Dec '22	$1.5B	$184M	24.0%	17.8%	2.6%	1.2%	$258M	$5.0B	$358M
Sep '22	$1.8B	$295M	26.9%	22.4%	4.3%	2.0%	$186M	$5.0B	$136M
Jun '22	$1.6B	$367M	25.9%	29.2%	5.4%	2.5%	$35M	$5.0B	$772M
Mar '22	$1.2B	$21M	12.7%	4.9%	0.3%	0.2%	$30M	$5.1B	$190M
Dec '21	$1.5B	$157M	23.2%	14.0%	2.4%	1.1%	$256M	$5.1B	$258M
Sep '21	$1.6B	$255M	28.4%	22.9%	4.0%	1.8%	$231M	$5.1B	$2.4B

Valuation over time

How the market has priced MLM against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.

The price-to-earnings ratio has risen from 24.6× (Mar '23) to 26.9× (Sep '26).
The price-to-sales ratio has risen from 3.5× (Mar '23) to 5.0× (Sep '26).
The dividend yield has fallen from 0.8% (Mar '23) to 0.6% (Sep '26).

Price / earnings (P/E)

P/E

Price / sales (P/S)

P/S

Dividend yield (%)

Dividend yield %

Frequently asked questions

Is MLM growing its revenue and profit?

Over the past 5 years, Martin Marietta's revenue has grown 5.4% per year, and net income grown 9.5% per year. These are computed facts, not advice.

How much debt does MLM have?

As of FY2025, Martin Marietta reported $5.3B of total debt against $67M of cash; operating income covered interest expense 6.2×.

What is MLM's profit margin?

In FY2025, gross margin was 30.7%, operating margin 23.4%, and net margin 18.5%.

What is MLM's P/E ratio?

As of Sep '26, Martin Marietta traded at a price-to-earnings ratio of about 26.9× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.

Where does this data come from?

All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.

Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.