Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products that are used in industrial, agricultural, and environmental applications; and dolomitic lime primarily to customers for steel production and soil stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
Company profile
Ticker
MLM
Exchange
Website
CEO
Mr. C. Howard Nye
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
2M Lands, LLC • Alamo Gulf Coast Railroad Company • Alamo North Texas Railroad Company • American Aggregates Corporation • American Materials Technologies, LLC • American Stone Company • Bahama Rock Limited • Bluegrass – Blue Mount, LLC • Bluegrass Materials Company, LLC • Bluegrass-St. Marys, LLC ...
IRS number
561848578
MLM stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Entry into a Material Definitive Agreement
19 Sep 24
8-K
Mine Safety - Reporting of Shutdowns and Patterns of Violations
18 Sep 24
SD
Conflict minerals disclosure
18 Sep 24
10-Q
2024 Q2
Quarterly report
8 Aug 24
8-K
Martin Marietta Reports Second-quarter 2024 Results
8 Aug 24
8-K
Mine Safety - Reporting of Shutdowns and Patterns of Violations
12 Jul 24
8-K
Submission of Matters to a Vote of Security Holders
17 May 24
8-K
Mine Safety - Reporting of Shutdowns and Patterns of Violations
3 May 24
10-Q
2024 Q1
Quarterly report
30 Apr 24
8-K
Martin Marietta Reports First-quarter 2024 Results
30 Apr 24
Transcripts
MLM
Earnings call transcript
2024 Q2
8 Aug 24
MLM
Earnings call transcript
2024 Q1
30 Apr 24
MLM
Earnings call transcript
2023 Q4
14 Feb 24
MLM
Earnings call transcript
2023 Q3
1 Nov 23
MLM
Earnings call transcript
2023 Q2
27 Jul 23
MLM
Earnings call transcript
2023 Q2
27 Jul 23
MLM
Earnings call transcript
2023 Q1
4 May 23
MLM
Earnings call transcript
2022 Q4
15 Feb 23
MLM
Earnings call transcript
2022 Q3
2 Nov 22
MLM
Earnings call transcript
2022 Q2
28 Jul 22
Latest ownership filings
3
Donald A. McCunniff
4 Sep 24
4
DAVID C WAJSGRAS
3 Sep 24
4
Thomas Pike
3 Sep 24
4
JOHN J KORALESKI
3 Sep 24
11-K
Annual report of employee stock purchases
27 Jun 24
4
DAVID C WAJSGRAS
4 Jun 24
4
Thomas Pike
4 Jun 24
4
JOHN J KORALESKI
4 Jun 24
4
DAVID C WAJSGRAS
17 May 24
4
DONALD W SLAGER
17 May 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 109.00 mm | 109.00 mm | 109.00 mm | 109.00 mm | 109.00 mm | 109.00 mm |
Cash burn (monthly) | 847.00 mm | 26.08 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 3.18 bn | 97.94 mm | n/a | n/a | n/a | n/a |
Cash remaining | -3.07 bn | 11.06 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | -3.6 | 0.4 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
97.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 919 |
Opened positions | 106 |
Closed positions | 108 |
Increased positions | 316 |
Reduced positions | 322 |
13F shares | Current |
---|---|
Total value | 29.35 tn |
Total shares | 59.41 mm |
Total puts | 124.40 k |
Total calls | 118.80 k |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 7.16 mm | $3.88 tn |
BLK BlackRock | 4.14 mm | $2.24 tn |
T. Rowe Price Investment Management | 2.83 mm | $1.53 bn |
STT State Street | 2.75 mm | $1.49 tn |
Aristotle Capital Management | 2.66 mm | $1.44 tn |
Baillie Gifford & Co | 2.21 mm | $1.19 tn |
FMR | 2.18 mm | $1.18 tn |
JPM JPMorgan Chase & Co. | 2.17 mm | $1.18 tn |
Select Equity | 2.10 mm | $1.14 tn |
BAC Bank of America | 1.66 mm | $896.89 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
30 Aug 24 | John J Koraleski | Common Stock | Grant | Acquire A | No | No | 534.16 | 87 | 46.47 k | 8,035 |
30 Aug 24 | Pike Thomas | Common Stock | Grant | Acquire A | No | No | 534.16 | 59 | 31.52 k | 3,958 |
30 Aug 24 | Wajsgras David C | Common Stock | Grant | Acquire A | No | No | 534.16 | 71 | 37.93 k | 3,950 |
31 May 24 | John J Koraleski | Common Stock | Grant | Acquire A | No | No | 572.8 | 81 | 46.40 k | 7,948 |
News
(MLM) - Analyzing Martin Marietta Materials's Short Interest
21 Oct 24
Here's How Much $1000 Invested In Martin Marietta Materials 15 Years Ago Would Be Worth Today
15 Oct 24
A Glimpse Into The Expert Outlook On Martin Marietta Materials Through 8 Analysts
9 Oct 24
Jefferies Maintains Buy on Martin Marietta Materials, Lowers Price Target to $635
9 Oct 24
JP Morgan Maintains Neutral on Martin Marietta Materials, Lowers Price Target to $515
9 Oct 24