Martin marietta materials, inc. (MLM)
Income statement / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Sep'09Jun'09
Total Revenues

958,200

1,100,386

1,420,246

1,279,468

939,000

1,020,253

1,219,640

1,202,403

802,004

970,485

1,087,732

1,063,524

843,859

948,816

1,103,901

977,298

788,734

844,555

1,082,249

921,419

691,347

856,374

1,003,723

669,225

428,629

544,996

665,320

561,326

383,909

499,971

592,268

545,688

393,974

420,896

502,386

462,391

327,943

297,831

509,401

504,630

340,944

487,967

465,385

Total Cost of Revenues

815,800

841,798

999,601

922,601

796,100

792,946

906,656

886,486

691,612

711,424

796,054

789,430

696,792

723,066

810,594

729,867

643,484

654,554

819,744

721,266

617,086

693,780

808,130

533,623

402,794

443,964

522,212

454,330

371,088

422,751

468,246

443,622

370,148

350,985

390,493

364,848

305,288

227,302

395,592

386,930

321,331

370,219

353,668

Gross Profit

142,400

258,588

420,645

356,867

142,900

227,307

312,984

315,917

110,392

259,061

291,678

274,094

147,067

225,750

293,307

247,431

145,250

190,001

262,505

200,153

74,261

162,594

195,593

135,602

25,835

101,032

143,108

106,996

12,821

77,220

124,022

102,066

23,826

69,911

111,893

97,543

22,655

70,529

113,809

117,700

19,613

117,748

111,717

Selling, general & administrative expenses

78,700

73,737

78,281

72,382

78,300

70,968

68,441

71,070

70,121

66,973

57,219

68,373

69,535

68,703

54,773

59,781

58,349

49,634

54,887

56,783

49,450

48,862

48,427

36,566

34,247

37,460

37,140

37,843

37,648

37,999

32,095

35,275

33,029

31,723

32,774

31,001

28,640

32,057

31,235

33,559

33,571

32,932

36,766

Acquisition-related expenses

300

310

43

47

100

574

89

12,126

711

5,282

1,314

1,982

22

56

306

248

299

563

2,087

2,092

1,604

-11,671

26,118

5,280

9,512

0

89

275

307

0

-1

9,240

25,901

15,135

733

1,735

972

-

-

-

-

-

-

Research and development

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

114

22

13

51

163

Other operating expenses and (income), net

-5,600

57

2,899

1,444

4,700

-8,761

-3,792

31,232

-479

-3,372

-6,181

9,113

-360

735

4,441

3,446

-579

12,310

-26,033

-4,294

2,364

5,230

-5,092

2,485

2,026

-742

2,964

757

1,814

1,501

-394

1,690

-223

-2,308

1,625

-106

2,509

-734

1,394

6,531

1,107

4,448

-1,843

Earnings from Operations

57,800

184,555

345,263

285,882

69,200

147,004

240,662

263,953

39,081

183,434

226,964

212,852

77,150

157,726

242,669

190,848

86,023

152,114

179,498

136,984

25,571

130,633

115,956

96,241

-15,898

62,830

108,843

69,635

-23,320

40,723

91,533

59,241

-35,327

20,745

80,011

64,701

-4,448

36,667

83,854

90,650

-12,864

89,213

72,945

Interest expense

29,800

30,667

32,436

33,297

32,900

33,574

35,468

32,971

35,087

23,463

23,141

24,045

20,851

20,781

20,568

20,294

20,034

18,943

18,926

19,087

19,331

21,104

19,805

12,947

12,201

12,834

13,518

13,619

13,496

13,372

13,224

13,256

13,487

13,298

13,398

13,725

18,165

16,900

17,104

16,820

17,616

18,181

18,651

Other nonoperating expenses and (income), net

-2,000

2,353

1,973

-13,226

1,600

2,627

4,248

7,122

8,503

3,565

479

5,420

536

-577

8,246

4,994

-1,224

-10,686

4,489

3,011

-893

-10,367

1,841

292

-3,463

-115

-101

544

-623

22

-620

42

1,855

388

-2,147

-336

261

-9

545

-1,334

600

1,196

1,340

Earnings before income tax expense (benefit)

26,000

156,241

314,800

239,359

37,900

116,057

209,442

238,104

12,497

163,536

204,302

194,227

56,835

136,368

230,347

175,548

64,765

122,485

165,061

120,908

5,347

99,162

97,992

83,586

-31,562

49,881

95,224

56,560

-37,439

27,373

77,689

46,027

-46,959

7,835

64,466

50,640

-22,352

19,758

67,295

72,496

-29,880

72,228

55,634

Income tax expense (benefit)

100

25,232

66,178

49,890

-5,000

21,553

29,089

52,601

2,457

-213,777

52,763

51,986

14,528

37,570

70,869

53,435

19,710

39,263

47,483

38,929

-812

35,276

44,089

23,906

-8,424

14,430

22,915

15,098

-8,398

5,052

13,701

8,553

-9,875

-850

14,130

13,834

-6,111

4,301

14,061

17,535

-4,984

15,308

15,536

Consolidated net earnings

-

-

-

-

-

-

-

-

-

-

-

-

-

-

159,478

122,113

45,055

-

117,578

81,979

6,159

63,886

53,903

59,680

-23,138

35,451

72,309

41,462

-29,041

22,321

63,988

37,474

-37,084

8,685

50,336

36,806

-16,241

15,457

53,234

54,961

-24,896

56,920

40,098

Loss on discontinued operations, net of related tax benefit of $0, $0 and $40, respectively

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

-69

-56

-15

-295

-271

105

-288

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Consolidated net earnings

25,900

131,009

248,622

189,469

42,900

94,504

180,353

185,503

10,040

377,313

151,539

142,241

42,307

-

-

-

-

-

-

-

-

63,989

53,834

59,624

-23,153

35,156

72,038

41,567

-29,329

21,723

63,669

37,808

-37,673

15,084

50,332

35,854

-17,697

15,208

53,256

54,948

-24,748

56,868

40,585

Less: Net earnings attributable to noncontrolling interests

-

-

49

-6

-

125

132

126

17

172

-7

-38

-27

-63

-1

61

61

38

34

41

33

34

91

103

-1,535

-876

202

259

-1,490

190

747

1,057

-941

246

1,176

55

-283

405

1,266

549

-568

1,354

1,723

Net Earnings Attributable to Martin Marietta Materials, Inc.

25,900

130,952

248,573

189,475

42,900

94,379

180,221

185,377

10,023

377,141

151,546

142,279

42,334

98,861

159,479

122,052

44,994

83,184

117,544

81,938

6,126

63,955

53,743

59,521

-21,618

36,032

71,836

41,308

-27,839

21,533

62,922

36,751

-36,732

14,838

49,156

35,799

-17,414

14,803

51,990

54,399

-24,180

55,514

38,862

Earnings from continuing operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

63,852

53,812

59,577

-21,603

36,327

72,107

41,203

-27,551

22,131

63,241

36,417

-36,143

8,439

49,160

36,751

-15,958

15,052

51,968

54,412

-24,328

55,566

38,375

Discontinued operations

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

103

-69

-56

-15

-295

-271

105

-288

-598

-319

334

-589

6,399

-4

-952

-1,456

-249

22

-13

148

-52

487

Net Earnings Attributable to Martin Marietta

25,900

130,952

248,573

189,475

42,900

94,379

180,221

185,377

10,023

377,141

151,546

142,279

42,334

98,861

159,479

122,052

44,994

83,184

117,544

81,938

6,126

63,955

53,743

59,521

-21,618

36,032

71,836

41,308

-27,839

21,533

62,922

36,751

-36,732

14,838

49,156

35,799

-17,414

14,803

51,990

54,399

-24,180

55,514

38,862

Consolidated Comprehensive Earnings:
Earnings attributable to Martin Marietta Materials, Inc.

26,300

-

251,142

192,465

46,100

-

184,613

186,979

11,642

-

154,524

144,798

44,596

-

161,036

119,817

46,783

-

117,616

75,847

5,562

-

52,603

60,124

-20,248

-

75,384

39,999

-26,618

-

66,082

38,102

-34,833

-

48,916

41,045

-18,600

-

-

-

-

-

-

Loss attributable to Martin Marietta Materials, Inc.

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

18,318

-

-

-

-

-

-

Earnings attributable to noncontrolling interests

-

-

49

-5

-

-

132

126

17

-

1

-37

-26

-

19

63

92

-

37

43

35

-

93

104

-1,534

-

205

262

-1,488

-

750

1,060

938

-

1,177

56

282

-

-

-

-

-

-

Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest

26,300

-

251,191

192,460

46,100

-

184,745

187,105

11,659

-

154,525

144,761

44,570

-

161,055

119,880

46,875

-

117,653

75,890

5,597

-

52,696

60,228

-21,782

-

75,589

40,261

-28,106

-

66,832

39,162

-35,771

-

50,093

41,101

-

-

-

-

-

-

-

Net Earnings Attributable to Martin Marietta Materials, Inc. Per Common Share:
Basic from continuing operations attributable to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.12

0.80

1.28

-0.47

0.79

1.56

0.89

-0.60

0.50

1.37

0.79

-0.80

0.19

1.07

0.80

-0.36

0.34

1.13

1.18

-0.54

1.23

0.85

Discontinued operations attributable to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

0.00

-0.01

-0.02

-0.01

0.01

-0.01

0.14

0.00

-0.02

-0.03

-

0.00

0.00

0.00

-

0.01

Basic attributable to common shareholders

0.42

2.10

3.97

3.02

0.68

1.50

2.86

2.94

0.16

5.97

2.40

2.26

0.67

1.55

2.50

1.91

0.70

1.26

1.75

1.23

0.07

1.12

0.80

1.28

-0.47

0.79

1.55

0.89

-0.61

0.48

1.36

0.80

-0.81

0.33

1.07

0.78

-0.39

0.34

1.13

1.18

-0.54

1.23

0.86

Diluted from continuing operations attributable to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1.12

0.79

1.27

-0.47

0.79

1.55

0.89

-0.60

0.50

1.37

0.79

-0.80

-

1.07

0.80

-

0.33

1.13

1.18

-0.54

1.23

0.85

Discontinued operations attributable to common shareholders

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.00

-0.01

0.00

-0.01

-0.02

-0.01

0.01

-0.01

-

-

-0.02

-

-

0.00

0.00

0.00

-

0.01

Diluted attributable to common shareholders

0.41

2.09

3.96

3.01

0.68

1.50

2.85

2.92

0.16

5.94

2.39

2.25

0.67

1.55

2.49

1.90

0.69

1.26

1.74

1.22

0.07

1.12

0.79

1.27

-0.47

0.79

1.54

0.89

-0.61

0.48

1.36

0.80

-0.81

-

1.07

0.78

-

0.33

1.13

1.18

-0.54

1.23

0.86

Weighted-Average Common Shares Outstanding:
Basic

62,300

62,327

62,510

62,563

62,600

62,690

62,932

63,021

62,957

62,822

62,896

62,858

63,024

63,298

63,452

63,532

64,158

65,466

66,830

67,373

67,411

67,620

67,086

46,395

46,315

-

46,244

46,129

-

45,937

45,860

45,781

45,734

-

45,690

45,628

-

45,551

45,526

45,463

45,400

44,622

44,554

Diluted

62,500

62,601

62,679

62,720

62,800

62,726

63,167

63,285

63,222

63,182

63,158

63,141

63,319

63,569

63,723

63,802

64,350

65,663

67,108

67,633

67,676

68,013

67,495

46,529

46,315

-

46,349

46,260

-

46,249

45,992

45,905

45,734

-

45,799

45,794

-

45,901

45,678

45,657

45,400

44,813

44,753

Basic and Diluted

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

46,028

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Cash Dividends Per Common Share

-

-

-

-

-

-

-

-

-

-

0.44

0.42

0.42

-

0.42

0.40

0.40

-

0.40

0.40

0.40

-

0.40

0.40

0.40

-

0.40

0.40

0.40

-

0.40

0.40

0.40

-

0.40

0.40

0.40

-

0.40

0.40

0.40

0.40

0.40

Products and Services
Total Revenues

891,000

1,024,705

1,323,160

1,196,135

878,300

956,100

1,142,218

1,128,777

753,305

911,854

1,022,487

996,843

792,316

890,910

1,038,344

915,436

733,960

780,773

1,005,218

850,249

631,876

779,538

917,942

601,937

379,678

491,370

600,457

507,332

344,059

453,727

537,507

491,191

350,532

374,550

445,003

409,565

290,636

293,584

443,709

442,784

295,561

428,271

410,689

Total Cost of Revenues

747,400

764,734

901,844

838,322

734,200

727,640

828,110

812,430

641,620

652,229

730,459

722,195

644,617

663,277

745,037

668,005

588,710

590,772

742,713

650,096

557,615

616,944

722,349

466,335

353,843

390,338

457,349

400,336

331,238

376,507

413,485

389,125

326,706

304,639

333,110

312,022

267,981

223,055

329,900

325,084

275,948

310,523

298,972

Freight
Total Revenues

67,200

75,681

97,086

83,333

60,700

64,153

77,422

73,626

48,699

58,631

65,245

66,681

51,543

57,906

65,557

61,862

54,774

63,782

77,031

71,170

59,471

76,836

85,781

67,288

48,951

53,626

64,863

53,994

39,850

46,244

54,761

54,497

43,442

46,346

57,383

52,826

37,307

4,247

65,692

61,846

45,383

59,696

54,696

Total Cost of Revenues

68,400

77,064

97,757

84,279

61,900

65,306

78,546

74,056

49,992

59,195

65,595

67,235

52,175

59,789

65,557

61,862

54,774

63,782

77,031

71,170

59,471

76,836

85,781

67,288

48,951

53,626

64,863

53,994

39,850

46,244

54,761

54,497

43,442

46,346

57,383

52,826

37,307

4,247

65,692

61,846

45,383

59,696

54,696