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Martin Marietta Materials (MLM)
NYSE:MLM
RESEARCH TOOLSreports
Earnings Data
Report Date
May 06, 2025TBA Not Confirmed
Period Ending
2025 (Q1)Consensus EPS Forecast
1.82Last Year’s EPS
1.93Same Quarter Last Year
Strong Buy
Based on 13 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Feb 12, 2025
|% Change Since: -4.34%
|Next Earnings Date:May 06, 2025
Earnings Call Sentiment|Neutral
The earnings call presented a balanced view with significant achievements in financial performance and strategic transactions, but also highlighted challenges in revenue decrease and margin compression in certain segments. The overall sentiment is cautiously optimistic with a positive outlook on infrastructure demand and strategic growth opportunities.Company Guidance
During the fourth quarter of 2024, Martin Marietta Materials, Inc. reported robust financial performance, with record consolidated gross profit of $489 million and a consolidated adjusted EBITDA of $545 million, reflecting an 8% increase. The EBITDA margin improved by 210 basis points to 33%. Aggregates gross profit per ton reached $7.92, marking a 12% increase, and the aggregates gross margin improved by 120 basis points to 33%. The company completed three strategic acquisitions in Southwest Florida, Southern California, and West Texas, enhancing its portfolio in high-growth areas. Despite challenges such as inclement weather and a slowdown in private construction, the company managed to increase full-year aggregates revenues and gross profit by 5%, while Magnesia Specialties revenues rose by 2% to $320 million and gross profit by 10% to $107 million. Safety performance also reached historic highs, with the best full-year safety incident rates recorded. The company anticipates continued growth in 2025, driven by a 4% increase in aggregate shipments and a 6.5% pricing growth, supported by strong infrastructure demand and contributions from recent acquisitions.Record Financial Performance
Martin Marietta Materials delivered record aggregates financial performance, including a record fourth quarter consolidated gross profit of $489 million and an adjusted EBITDA of $545 million, reflecting an 8% increase.
Successful Portfolio Transactions
Completed nearly $6 billion of portfolio-enhancing transactions, including $4 billion of aggregate acquisitions and over $2 billion in non-core asset divestitures.
Strong Safety Performance
Achieved best full-year safety incident rates in the company's history, marking the eighth consecutive year of a world-class lost time incident rate.
Positive Outlook for Infrastructure
Strong infrastructure demand expected with increased investments from the Infrastructure and Investment in Jobs Act, anticipating a robust multi-year period for public highway and bridge construction.
Magnesia Specialties Growth
Magnesia Specialties established all-time records with revenues increasing 2% to $320 million and gross profit rising 10% to $107 million.
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MLM Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MLM Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Feb 12, 2025 | $529.00 | $517.14 | -2.24% |
| Oct 30, 2024 | $583.11 | $604.05 | +3.59% |
| Aug 08, 2024 | $536.79 | $537.47 | +0.13% |
| Apr 30, 2024 | $600.18 | $584.67 | -2.58% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Martin Marietta Materials (MLM) report earnings?
Martin Marietta Materials (MLM) is schdueled to report earning on May 06, 2025, TBA Not Confirmed.
What is Martin Marietta Materials (MLM) earnings time?
Martin Marietta Materials (MLM) earnings time is at May 06, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MLM EPS forecast?
MLM EPS forecast for the fiscal quarter 2025 (Q1) is 1.82.
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