Martin Marietta Materials Inc (MLM)

Net 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
Net income (ttm) US$ in thousands 1,996,000 1,984,500 2,038,200 2,092,200 1,168,200 1,069,300 947,900 966,400 866,800 840,000 799,300 658,400 702,200 728,300 767,800 759,600 720,300 668,385 622,585 594,285
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
Net profit margin 30.54% 30.47% 30.80% 31.35% 17.24% 16.09% 14.67% 15.38% 14.07% 13.59% 13.49% 11.63% 12.97% 14.29% 15.79% 15.98% 15.23% 14.37% 13.11% 12.49%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $1,996,000K ÷ $6,536,000K
= 30.54%

The net profit margin of Martin Marietta Materials Inc has shown fluctuating trends over the period from March 2020 to December 2024. It started at 12.49% in March 2020, steadily increasing to 15.98% in March 2021. However, there was a slight decrease in the margin in the following quarters before reaching its lowest point of 11.63% in March 2022.

Subsequently, the net profit margin began to recover, showing an upward trend and reaching a peak of 17.24% in December 2023. The margin surged significantly to 31.35% in March 2024 and remained high around 30% for the following quarters, indicating a notable increase in profitability.

Overall, the net profit margin of Martin Marietta Materials Inc demonstrated both volatility and positive growth over the analyzed period, with an improvement in profitability particularly notable towards the end of the period.


Peer comparison

Dec 31, 2024

Company name
Symbol
Net profit margin
Martin Marietta Materials Inc
MLM
30.54%
Knife River Corporation
KNF
6.96%
MDU Resources Group Inc
MDU
7.31%
Vulcan Materials Company
VMC
12.30%