Martin Marietta Materials Inc
NYSE:MLM
Income Statement
Earnings Waterfall
Martin Marietta Materials Inc
Revenue
|
6.8B
USD
|
Cost of Revenue
|
-4.8B
USD
|
Gross Profit
|
2B
USD
|
Operating Expenses
|
-414.4m
USD
|
Operating Income
|
1.6B
USD
|
Other Expenses
|
-439.3m
USD
|
Net Income
|
1.2B
USD
|
Income Statement
Martin Marietta Materials Inc
Dec-2013 | Mar-2014 | Jun-2014 | Sep-2014 | Dec-2014 | Mar-2015 | Jun-2015 | Sep-2015 | Dec-2015 | Mar-2016 | Jun-2016 | Sep-2016 | Dec-2016 | Mar-2017 | Jun-2017 | Sep-2017 | Dec-2017 | Mar-2018 | Jun-2018 | Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||||||||||||||||||||||||||
Revenue |
2 156
N/A
|
2 200
+2%
|
2 308
+5%
|
2 647
+15%
|
2 958
+12%
|
3 221
+9%
|
3 473
+8%
|
3 551
+2%
|
3 540
0%
|
3 637
+3%
|
3 693
+2%
|
3 715
+1%
|
3 819
+3%
|
3 874
+1%
|
3 960
+2%
|
3 944
0%
|
3 966
+1%
|
3 924
-1%
|
4 063
+4%
|
4 195
+3%
|
4 244
+1%
|
4 381
+3%
|
4 458
+2%
|
4 659
+4%
|
4 739
+2%
|
4 758
+0%
|
4 749
0%
|
4 651
-2%
|
4 730
+2%
|
4 754
+1%
|
4 861
+2%
|
5 097
+5%
|
5 414
+6%
|
5 662
+5%
|
5 926
+5%
|
6 181
+4%
|
6 161
0%
|
6 284
+2%
|
6 463
+3%
|
6 646
+3%
|
6 777
+2%
|
|
Gross Profit | ||||||||||||||||||||||||||||||||||||||||||
Cost of Revenue |
(1 792)
|
(1 823)
|
(1 903)
|
(2 189)
|
(2 436)
|
(2 650)
|
(2 838)
|
(2 849)
|
(2 818)
|
(2 844)
|
(2 853)
|
(2 844)
|
(2 910)
|
(2 962)
|
(3 021)
|
(3 006)
|
(2 994)
|
(2 989)
|
(3 086)
|
(3 196)
|
(3 278)
|
(3 382)
|
(3 418)
|
(3 511)
|
(3 560)
|
(3 580)
|
(3 547)
|
(3 465)
|
(3 477)
|
(3 469)
|
(3 572)
|
(3 770)
|
(4 066)
|
(4 333)
|
(4 556)
|
(4 765)
|
(4 737)
|
(4 714)
|
(4 758)
|
(4 752)
|
(4 755)
|
|
Gross Profit |
364
N/A
|
377
+4%
|
406
+8%
|
458
+13%
|
522
+14%
|
571
+9%
|
635
+11%
|
702
+11%
|
722
+3%
|
793
+10%
|
840
+6%
|
870
+4%
|
909
+4%
|
912
+0%
|
939
+3%
|
938
0%
|
972
+4%
|
935
-4%
|
977
+4%
|
998
+2%
|
967
-3%
|
999
+3%
|
1 040
+4%
|
1 148
+10%
|
1 179
+3%
|
1 179
0%
|
1 202
+2%
|
1 186
-1%
|
1 253
+6%
|
1 285
+3%
|
1 290
+0%
|
1 327
+3%
|
1 348
+2%
|
1 330
-1%
|
1 370
+3%
|
1 416
+3%
|
1 423
+1%
|
1 570
+10%
|
1 705
+9%
|
1 893
+11%
|
2 023
+7%
|
|
Operating Income | ||||||||||||||||||||||||||||||||||||||||||
Operating Expenses |
(145)
|
(141)
|
(138)
|
(158)
|
(165)
|
(180)
|
(207)
|
(234)
|
(234)
|
(246)
|
(241)
|
(212)
|
(240)
|
(248)
|
(251)
|
(262)
|
(263)
|
(264)
|
(244)
|
(253)
|
(262)
|
(265)
|
(297)
|
(300)
|
(294)
|
(304)
|
(307)
|
(235)
|
(246)
|
(236)
|
(243)
|
(317)
|
(338)
|
(359)
|
(374)
|
(377)
|
(359)
|
(371)
|
(372)
|
(398)
|
(414)
|
|
Selling, General & Administrative |
(150)
|
(147)
|
(145)
|
(157)
|
(169)
|
(185)
|
(205)
|
(211)
|
(218)
|
(227)
|
(230)
|
(232)
|
(248)
|
(256)
|
(265)
|
(265)
|
(262)
|
(263)
|
(265)
|
(277)
|
(281)
|
(289)
|
(290)
|
(300)
|
(303)
|
(303)
|
(302)
|
(295)
|
(306)
|
(307)
|
(318)
|
(333)
|
(351)
|
(368)
|
(390)
|
(399)
|
(397)
|
(404)
|
(412)
|
(425)
|
(443)
|
|
Other Operating Expenses |
5
|
5
|
7
|
(1)
|
5
|
5
|
(2)
|
(23)
|
(16)
|
(19)
|
(11)
|
20
|
8
|
8
|
14
|
3
|
(1)
|
(1)
|
21
|
24
|
18
|
23
|
(6)
|
0
|
9
|
(1)
|
(5)
|
60
|
60
|
71
|
75
|
16
|
13
|
9
|
16
|
22
|
37
|
34
|
40
|
27
|
28
|
|
Operating Income |
219
N/A
|
236
+8%
|
267
+13%
|
300
+12%
|
358
+19%
|
391
+9%
|
429
+10%
|
468
+9%
|
488
+4%
|
547
+12%
|
599
+9%
|
658
+10%
|
669
+2%
|
665
-1%
|
688
+4%
|
676
-2%
|
709
+5%
|
672
-5%
|
733
+9%
|
745
+2%
|
704
-6%
|
734
+4%
|
744
+1%
|
848
+14%
|
885
+4%
|
874
-1%
|
895
+2%
|
951
+6%
|
1 007
+6%
|
1 049
+4%
|
1 047
0%
|
1 010
-4%
|
1 010
+0%
|
971
-4%
|
996
+3%
|
1 039
+4%
|
1 064
+2%
|
1 200
+13%
|
1 333
+11%
|
1 496
+12%
|
1 608
+8%
|
|
Pre-Tax Income | ||||||||||||||||||||||||||||||||||||||||||
Interest Income Expense |
(53)
|
(52)
|
(51)
|
(58)
|
(66)
|
(73)
|
(79)
|
(78)
|
(76)
|
(77)
|
(78)
|
(80)
|
(82)
|
(83)
|
(86)
|
(89)
|
(92)
|
(106)
|
(115)
|
(127)
|
(137)
|
(135)
|
(135)
|
(132)
|
(129)
|
(126)
|
(124)
|
(120)
|
(118)
|
(116)
|
(113)
|
(128)
|
(143)
|
(156)
|
(171)
|
(169)
|
(169)
|
(171)
|
(170)
|
(168)
|
(165)
|
|
Non-Reccuring Items |
(1)
|
(10)
|
(15)
|
(41)
|
(43)
|
(35)
|
(32)
|
(8)
|
(9)
|
(7)
|
(5)
|
(4)
|
(2)
|
(1)
|
(2)
|
(3)
|
(9)
|
(9)
|
(19)
|
(18)
|
(14)
|
(13)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(2)
|
(1)
|
(2)
|
1
|
(6)
|
(36)
|
(36)
|
109
|
115
|
143
|
143
|
(6)
|
(8)
|
(12)
|
|
Total Other Income |
(0)
|
(3)
|
(3)
|
(2)
|
0
|
3
|
6
|
8
|
11
|
10
|
12
|
19
|
21
|
18
|
18
|
8
|
10
|
18
|
20
|
23
|
22
|
15
|
(5)
|
(7)
|
(7)
|
(11)
|
6
|
8
|
2
|
13
|
18
|
20
|
24
|
26
|
39
|
41
|
53
|
59
|
55
|
62
|
62
|
|
Pre-Tax Income |
164
N/A
|
170
+4%
|
197
+16%
|
200
+1%
|
249
+25%
|
286
+15%
|
323
+13%
|
391
+21%
|
414
+6%
|
473
+14%
|
528
+12%
|
593
+12%
|
607
+2%
|
599
-1%
|
618
+3%
|
592
-4%
|
619
+5%
|
575
-7%
|
619
+8%
|
624
+1%
|
576
-8%
|
601
+4%
|
603
+0%
|
708
+17%
|
748
+6%
|
737
-2%
|
776
+5%
|
837
+8%
|
889
+6%
|
945
+6%
|
954
+1%
|
896
-6%
|
856
-5%
|
804
-6%
|
974
+21%
|
1 026
+5%
|
1 091
+6%
|
1 231
+13%
|
1 213
-1%
|
1 383
+14%
|
1 493
+8%
|
|
Net Income | ||||||||||||||||||||||||||||||||||||||||||
Tax Provision |
(44)
|
(44)
|
(53)
|
(74)
|
(95)
|
(103)
|
(118)
|
(121)
|
(125)
|
(145)
|
(160)
|
(183)
|
(182)
|
(176)
|
(175)
|
(157)
|
(164)
|
(152)
|
(152)
|
(129)
|
(106)
|
(98)
|
(96)
|
(133)
|
(136)
|
(141)
|
(153)
|
(168)
|
(168)
|
(184)
|
(185)
|
(167)
|
(153)
|
(143)
|
(185)
|
(201)
|
(235)
|
(265)
|
(252)
|
(283)
|
(293)
|
|
Income from Continuing Operations |
120
|
126
|
144
|
126
|
154
|
184
|
206
|
270
|
289
|
328
|
368
|
410
|
425
|
423
|
443
|
435
|
455
|
423
|
466
|
495
|
470
|
503
|
507
|
575
|
612
|
595
|
623
|
669
|
721
|
761
|
769
|
729
|
702
|
661
|
789
|
825
|
856
|
966
|
961
|
1 100
|
1 200
|
|
Income to Minority Interest |
2
|
2
|
2
|
2
|
1
|
(0)
|
(0)
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
0
|
0
|
(0)
|
(1)
|
(1)
|
(1)
|
|
Net Income (Common) |
121
N/A
|
127
+5%
|
145
+14%
|
127
-12%
|
155
+22%
|
181
+17%
|
205
+13%
|
268
+31%
|
288
+7%
|
328
+14%
|
366
+12%
|
408
+11%
|
424
+4%
|
421
-1%
|
441
+5%
|
434
-2%
|
711
+64%
|
679
-5%
|
722
+6%
|
751
+4%
|
469
-38%
|
502
+7%
|
506
+1%
|
574
+13%
|
611
+6%
|
594
-3%
|
623
+5%
|
669
+7%
|
720
+8%
|
760
+5%
|
768
+1%
|
728
-5%
|
702
-4%
|
658
-6%
|
799
+21%
|
840
+5%
|
867
+3%
|
967
+12%
|
949
-2%
|
1 070
+13%
|
1 169
+9%
|
|
EPS (Diluted) |
2.62
N/A
|
2.75
+5%
|
1.92
-30%
|
1.88
-2%
|
2.71
+44%
|
2.68
-1%
|
3.03
+13%
|
3.99
+32%
|
4.29
+8%
|
5.12
+19%
|
5.73
+12%
|
6.4
+12%
|
6.63
+4%
|
6.66
+0%
|
6.9
+4%
|
6.85
-1%
|
11.25
+64%
|
10.74
-5%
|
11.3
+5%
|
11.88
+5%
|
7.43
-37%
|
8
+8%
|
7.98
0%
|
9.16
+15%
|
9.74
+6%
|
9.5
-2%
|
9.99
+5%
|
10.71
+7%
|
11.54
+8%
|
12.17
+5%
|
12.29
+1%
|
11.64
-5%
|
11.21
-4%
|
10.51
-6%
|
12.78
+22%
|
13.43
+5%
|
13.86
+3%
|
15.54
+12%
|
15.27
-2%
|
17.25
+13%
|
18.82
+9%
|