Martin Marietta Materials Inc (MLM)
Profitability ratios
Return on sales
| 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 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% |
| 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% |
| Pretax margin | 39.73% | 39.72% | 40.33% | 41.01% | 22.03% | 20.81% | 18.77% | 19.59% | 17.71% | 16.60% | 16.43% | 14.21% | 15.80% | 17.58% | 19.62% | 19.87% | 18.80% | 18.00% | 16.34% | 15.48% |
| 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% |
The profitability ratios of Martin Marietta Materials Inc have shown some fluctuations over the past few years.
1. Gross Profit Margin: The gross profit margin measures the profitability of the company's core business activities. Martin Marietta's gross profit margin has generally been stable, ranging from around 23% to 30% over the period analyzed. The highest gross profit margin was observed in December 2024 at 29.85%, while the lowest was in March 2022 at 23.12%.
2. Operating Profit Margin: The operating profit margin is an indicator of the company's efficiency in managing its operating expenses. Martin Marietta's operating profit margin has fluctuated but generally maintained within the range of 16% to 23% during the period. The highest operating profit margin was recorded in December 2023 at 23.47%, whereas the lowest was in March 2022 at 16.50%.
3. Pre-tax Margin: The pre-tax margin reflects the company's ability to generate profits before taxes. Martin Marietta's pre-tax margin has shown variability, ranging from around 14% to 41% over the analyzed period. A significant surge was observed in the pre-tax margin in March 2024, reaching 41.01%, while the lowest was in March 2022 at 14.21%.
4. Net Profit Margin: The net profit margin represents the company's profitability after all expenses, including taxes. Martin Marietta's net profit margin has also displayed fluctuations, varying from 11% to 31% over the period. The highest net profit margin was seen in March 2024 at 31.35%, while the lowest was in March 2022 at 11.63%.
Overall, Martin Marietta Materials Inc's profitability ratios have shown some variability, with fluctuations in key margins observed over the years. It is essential for the company to analyze the reasons behind these fluctuations and take appropriate measures to ensure sustainable profitability in the future.
Return on investment
| 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 return on assets (Operating ROA) | 7.94% | 8.55% | 9.09% | 9.54% | 10.28% | 9.24% | 7.99% | 8.28% | 7.32% | 7.84% | 7.60% | 6.56% | 6.77% | 7.28% | 9.34% | 9.82% | 9.50% | 9.10% | 8.74% | 8.32% |
| Return on assets (ROA) | 10.99% | 12.05% | 12.48% | 12.88% | 7.55% | 7.17% | 6.22% | 6.49% | 5.78% | 5.70% | 5.50% | 4.62% | 4.88% | 5.28% | 6.84% | 7.13% | 6.81% | 6.40% | 6.09% | 5.66% |
| Return on total capital | 14.96% | 14.98% | 16.50% | 17.31% | 20.37% | 19.82% | 18.53% | 17.16% | 15.14% | 15.28% | 15.07% | 15.42% | 15.77% | 16.03% | 16.04% | 16.62% | 15.94% | 15.52% | 16.51% | 16.60% |
| Return on equity (ROE) | 21.11% | 21.64% | 23.06% | 23.57% | 14.54% | 13.70% | 12.77% | 13.46% | 12.08% | 12.11% | 11.81% | 10.24% | 10.74% | 11.46% | 12.53% | 12.82% | 12.22% | 11.61% | 11.34% | 11.22% |
Martin Marietta Materials Inc's profitability ratios show varying trends over the time period analyzed.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA increased from March 31, 2020, to December 31, 2021, indicating improved operational efficiency and profitability.
- However, there was a decline in Operating ROA from March 31, 2022, to December 31, 2024, suggesting a decrease in the company's ability to generate profits from its assets.
2. Return on Assets (ROA):
- The ROA experienced fluctuations during the period.
- There was a significant increase in ROA from March 31, 2024, to December 31, 2024, indicating a substantial improvement in the company's ability to generate profits relative to its total assets.
3. Return on Total Capital:
- Return on Total Capital showed an upward trend from March 31, 2020, to December 31, 2023, indicating an increasing efficiency in generating returns for both equity and debt holders.
- However, there was a decrease in Return on Total Capital from March 31, 2024, to December 31, 2024, possibly due to changes in capital structure or operational performance.
4. Return on Equity (ROE):
- ROE also demonstrated fluctuations over the period analyzed.
- There was a substantial increase in ROE from March 31, 2024, to December 31, 2024, indicating a significant improvement in the company's ability to generate returns for its shareholders.
Overall, the profitability ratios of Martin Marietta Materials Inc reflect a mix of improvements and fluctuations in profitability and efficiency over the analyzed years, with some periods showing stronger performance than others.