Martin Marietta Materials Inc (MLM)
Debt-to-equity ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 9,456,000 | 9,169,000 | 8,838,000 | 8,875,000 | 8,033,200 | 7,804,800 | 7,423,400 | 7,177,500 | 7,172,800 | 6,935,700 | 6,770,000 | 6,428,900 | 6,537,600 | 6,355,900 | 6,125,900 | 5,926,700 | 5,893,300 | 5,756,400 | 5,491,100 | 5,296,900 |
| Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 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 ÷ $9,456,000K
= 0.00
The debt-to-equity ratio of Martin Marietta Materials Inc has consistently been reported as 0.00 from March 31, 2020, to December 31, 2024. A debt-to-equity ratio of 0.00 indicates that the company has zero debt in relation to its equity, suggesting that the company is primarily financed through equity rather than debt. This signifies a strong financial position in which the company is not relying on borrowed funds to finance its operations and growth. Maintaining a consistently low or zero debt-to-equity ratio can be perceived positively by investors and creditors as it implies lower financial risk and greater financial stability.
Peer comparison
Dec 31, 2024