Martin Marietta Materials Inc (MLM)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	1,168,900	1,070,000	948,600	966,800	866,800	840,000	799,300	658,600	702,500	728,700	768,500	760,300	720,900	668,900	623,100	595,000	612,000	575,379	507,000	502,877
Revenue (ttm)	US$ in thousands	6,611,800	6,477,700	6,293,300	6,113,300	5,994,600	6,009,400	5,753,500	5,504,700	5,270,300	4,974,600	4,754,300	4,643,900	4,615,000	4,529,960	4,625,070	4,631,840	4,610,360	4,558,440	4,354,800	4,278,060
Net profit margin		17.68%	16.52%	15.07%	15.81%	14.46%	13.98%	13.89%	11.96%	13.33%	14.65%	16.16%	16.37%	15.62%	14.77%	13.47%	12.85%	13.27%	12.62%	11.64%	11.75%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,168,900K ÷ $6,611,800K
= 17.68%

To analyze Martin Marietta Materials, Inc.'s net profit margin based on the provided data, we observe a positive trend in the company's profitability over the periods under review. The net profit margin has shown consistent improvement, increasing from 11.62% in Q1 2022 to 17.25% in Q4 2023.

This upward trajectory indicates that the company has been generating more profit relative to its revenue over time, showcasing efficient cost management and potentially increasing revenue streams.

The company's ability to sustain and improve its net profit margin indicates effective operational efficiency and strategic decision-making, which can be favorable for investors and stakeholders seeking continued growth and stability in the company's financial performance.