Martin Marietta Materials Inc (MLM)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,877,000 | 1,871,500 | 1,948,500 | 1,991,900 | 2,022,700 | 1,893,400 | 1,705,200 | 1,570,000 | 1,423,300 | 1,415,800 | 1,369,900 | 1,329,800 | 1,348,400 | 1,327,100 | 1,289,700 | 1,285,100 | 1,252,800 | 1,185,989 | 1,202,134 | 1,178,501 |
| Revenue (ttm) | US$ in thousands | 6,536,000 | 6,512,200 | 6,617,300 | 6,674,100 | 6,777,200 | 6,645,500 | 6,463,100 | 6,284,000 | 6,160,700 | 6,180,600 | 5,926,200 | 5,662,400 | 5,414,000 | 5,097,200 | 4,861,300 | 4,754,000 | 4,729,800 | 4,650,630 | 4,749,480 | 4,758,350 |
| Gross profit margin | 28.72% | 28.74% | 29.45% | 29.85% | 29.85% | 28.49% | 26.38% | 24.98% | 23.10% | 22.91% | 23.12% | 23.48% | 24.91% | 26.04% | 26.53% | 27.03% | 26.49% | 25.50% | 25.31% | 24.77% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,877,000K ÷ $6,536,000K
= 28.72%
The gross profit margin of Martin Marietta Materials Inc has fluctuated over the periods indicated in the data provided.
Starting at 24.77% as of March 31, 2020, the margin showed an increasing trend, reaching a peak of 29.85% by March 31, 2024. This upward trend indicates the company's ability to effectively manage its production costs and generate higher revenue relative to the cost of goods sold during this period.
However, a slight decline was observed in the margin in the most recent period, December 31, 2024, where it stood at 28.72%. This decrease may warrant further investigation to determine the factors contributing to the decline in the gross profit margin.
Overall, the fluctuation in the gross profit margin of Martin Marietta Materials Inc highlights the dynamic nature of the company's profitability and underscores the importance of closely monitoring and analyzing financial performance metrics to make informed business decisions.
Peer comparison
Dec 31, 2024