Martin Marietta Materials Inc (MLM)
Return on assets (ROA)
| 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 |
| Total assets | US$ in thousands | 18,170,000 | 16,469,000 | 16,333,000 | 16,240,000 | 15,479,700 | 14,917,800 | 15,246,200 | 14,890,900 | 14,993,600 | 14,729,700 | 14,542,800 | 14,241,500 | 14,393,000 | 13,786,200 | 11,223,100 | 10,659,300 | 10,580,800 | 10,435,400 | 10,226,600 | 10,503,400 |
| 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% |
December 31, 2024 calculation
ROA = Net income (ttm) ÷ Total assets
= $1,996,000K ÷ $18,170,000K
= 10.99%
The return on assets (ROA) for Martin Marietta Materials Inc has shown fluctuations over the periods analyzed. From March 31, 2020, to December 31, 2021, the ROA increased steadily from 5.66% to 6.81%. However, there was a slight dip in the ROA to 4.88% by the end of December 31, 2021. Subsequently, there was a fluctuation in ROA, with peaks at March 31, 2023 (7.55%) and June 30, 2024 (12.48%).
Overall, the ROA experienced a significant surge by March 31, 2024, reaching 12.88%, indicating a notable return on the assets utilized by the company during that period. It is essential for stakeholders to monitor the ROA to assess the efficiency of Martin Marietta Materials Inc in generating profits from its assets and to understand the trends in the company's performance over time.
Peer comparison
Dec 31, 2024