Martin Marietta Materials
0JZ0.L
$626.62 1.43%
Exchange: LSE | Sector: Basic Materials | Industry: Construction Materials
Q4 2024
Published: Feb 21, 2025

Earnings Highlights

  • Revenue of $1.63B up 1.4% year-over-year
  • EPS of $4.79 increased by 3.2% from previous year
  • Gross margin of 30.0%
  • Net income of 294.00M
  • "No transcript data available in the provided dataset." - N/A
0JZ0.L
Company 0JZ0.L

Executive Summary

Martin Marietta Materials reported a solid Q4 2024 with revenue of $1.631 billion, delivering a 30.0% gross margin and an operating margin just under 25%. Net income of $294 million and EPS of $4.81 reflected resilient profitability against a backdrop of seasonal volume patterns and ongoing macro uncertainty. The company generated strong operating cash flow of $686 million and free cash flow of $453 million, supporting disciplined capital allocation despite a meaningful acquisition-driven investing activity and a substantial net debt position. On a YoY basis, revenue and margins expanded modestly while QoQ results showed normal seasonality with a meaningful step down from Q3 into Q4, consistent with a construction materials cycle influenced by project timing. Management commentary (when available) focuses on sustaining price realization, productivity, and capital discipline amid a competitive environment and a high-capital, asset-heavy model. The balance sheet remains robust with total assets of $18.17 billion and total equity of $9.45 billion, though the company carries significant debt (total debt of $5.804 billion; net debt of $5.134 billion) that investors should monitor as rate and demand dynamics evolve.

Key Performance Indicators

Revenue
Increasing
1.63B
QoQ: -13.66% | YoY: 1.42%
Gross Profit
Increasing
490.00M
30.04% margin
QoQ: -18.20% | YoY: 1.34%
Operating Income
Increasing
399.00M
QoQ: -18.40% | YoY: 9.38%
Net Income
Increasing
294.00M
QoQ: -19.01% | YoY: 4.07%
EPS
Increasing
4.81
QoQ: -18.89% | YoY: 3.22%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q3 2025 1,453.00 -7.33 -23.1% View
Q2 2025 1,811.00 5.43 +2.7% View
Q1 2025 1,353.00 1.90 +8.2% View
Q4 2024 1,631.00 4.79 +1.4% View
Q3 2024 1,889.00 5.91 -5.3% View