Martin Marietta Materials Inc (MLM)
Debt-to-equity ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,453,000 | 8,033,200 | 7,172,800 | 6,537,600 | 5,893,300 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $9,453,000K
= 0.00
The debt-to-equity ratio of Martin Marietta Materials Inc has remained consistently at 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has not utilized any debt to finance its operations and growth, relying primarily on equity financing. A debt-to-equity ratio of 0.00 typically suggests that the company has a strong financial position with low financial risk, as there is no debt that needs to be repaid and the company's assets are mainly funded by equity. This stability in the debt-to-equity ratio may point to a conservative financial policy and solid capital structure management by Martin Marietta Materials Inc.
Peer comparison
Dec 31, 2024