Martin Marietta Materials Inc (MLM)

Operating 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
Operating income (ttm) US$ in thousands 1,442,000 1,407,800 1,485,400 1,548,700 1,590,800 1,378,900 1,218,200 1,233,500 1,097,300 1,154,400 1,105,400 934,300 973,700 1,004,300 1,048,000 1,046,900 1,005,400 949,369 894,032 873,514
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
Operating profit margin 22.06% 21.62% 22.45% 23.20% 23.47% 20.75% 18.85% 19.63% 17.81% 18.68% 18.65% 16.50% 17.98% 19.70% 21.56% 22.02% 21.26% 20.41% 18.82% 18.36%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $1,442,000K ÷ $6,536,000K
= 22.06%

The operating profit margin of Martin Marietta Materials Inc has shown fluctuations over the period from March 31, 2020, to December 31, 2024. The margin started at 18.36% in March 2020, increased steadily to reach its peak at 23.47% in December 2023, before slightly decreasing to 22.06% by the end of December 2024.

Overall, the company has demonstrated relatively stable operating profitability, with some minor variations observed within each quarter. It is essential for investors and stakeholders to monitor the trend in operating profit margin to assess the company's operational efficiency and profitability over time.


Peer comparison

Dec 31, 2024

Company name
Symbol
Operating profit margin
Martin Marietta Materials Inc
MLM
22.06%
Knife River Corporation
KNF
10.91%
MDU Resources Group Inc
MDU
6.90%
Vulcan Materials Company
VMC
18.50%