MARTIN MARIETTA MATERIALS INC
For the period ended Sep 30, 2024. Filed Oct 30, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 30, 2024
MLM$528.21-0.5%Stored close · as of Nov 10, 2026
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Consolidated Statements of Earnings and Comprehensive Earnings –
(UNAUDITED) CONSOLIDATED STATEMENTSOF EARNINGS AND COMPREHENSIVE EARNINGS
| Three Months Ended · Nine Months Ended | ||||
|---|---|---|---|---|
| September 30, | September 30, | |||
| 2024 | 2023 | 2024 | 2023 | |
| (In Millions, Except Per Share Data) | ||||
| Revenues | $1,889 | $1,994 | $4,905 | $5,169 |
| Cost of revenues | 1,290 | 1,318 | 3,517 | 3,630 |
| Gross Profit | 599 | 676 | 1,388 | 1,539 |
| Selling, general and administrative expenses | 105 | 108 | 341 | 324 |
| Acquisition, divestiture and integration expenses | 4 | 3 | 44 | 5 |
| Other operating expense (income), net | 1 | (2) | (1,305) | (16) |
| Earnings from Operations | 489 | 567 | 2,308 | 1,226 |
| Interest expense | 38 | 41 | 119 | 125 |
| Other nonoperating income, net | (7) | (14) | (54) | (49) |
| Earnings from continuing operations before income tax expense | 458 | 540 | 2,243 | 1,150 |
| Income tax expense | 95 | 110 | 541 | 237 |
| Earnings from continuing operations | 363 | 430 | 1,702 | 913 |
| Loss from discontinued operations, net of income tax benefit | — | (13) | — | (26) |
| Consolidated net earnings | 363 | 417 | 1,702 | 887 |
| Less: Net earnings attributable to noncontrolling interests | — | — | 1 | 1 |
| Net Earnings Attributable to Martin Marietta | $363 | $417 | $1,701 | $886 |
| Consolidated Comprehensive Earnings (See Note 1): | ||||
| Earnings attributable to Martin Marietta | $365 | $417 | $1,704 | $889 |
| Earnings attributable to noncontrolling interests | — | — | 1 | 1 |
| $365 | $417 | $1,705 | $890 | |
| Net Earnings (Loss) Attributable to Martin Marietta | ||||
| Per Common Share: | ||||
| Basic earnings per share from continuing operations attributable to common shareholders | $5.93 | $6.96 | $27.68 | $14.73 |
| Basic loss per share from discontinued operations attributable to common shareholders | — | (0.22) | — | (0.42) |
| $5.93 | $6.74 | $27.68 | $14.31 | |
| Diluted earnings per share from continuing operations attributable to common shareholders | $5.91 | $6.94 | $27.60 | $14.69 |
| Diluted loss per share from discontinued operations attributable to common shareholders | — | (0.22) | — | (0.42) |
| $5.91 | $6.72 | $27.60 | $14.27 | |
| Weighted-Average Common Shares Outstanding: | ||||
| Basic | 61.1 | 61.8 | 61.5 | 61.9 |
| Diluted | 61.3 | 62.0 | 61.6 | 62.1 |
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