Martin Marietta Materials, Inc. (MLM) financial statements (2022 and earlier)
Company profile
| Business Address |
2710 WYCLIFF ROAD RALEIGH, NC 27607 |
| State of Incorp. | NC |
| Fiscal Year End | December 31 |
| SIC | 14 - Mining And Quarrying Of Nonmetallic Minerals, Except Fuels (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 258 | 207 | 21 | 45 | 1,446 | 50 | 168 | ||
| Cash and cash equivalents | 258 | 207 | 21 | 45 | 1,446 | 50 | 168 | ||
| Receivables | 774 | 587 | 574 | 523 | 487 | 458 | 411 | ||
| Inventory, net of allowances, customer advances and progress billings | 753 | 709 | 691 | 663 | 601 | 522 | 469 | ||
| Inventory | 753 | 709 | 691 | 663 | 601 | 522 | 469 | ||
| Assets held-for-sale, not part of disposal group | 102 | ||||||||
| Other current assets | 138 | 80 | 141 | 135 | 97 | 57 | 34 | ||
| Other undisclosed current assets | 1 | 85 | |||||||
| Total current assets: | 2,026 | 1,668 | 1,427 | 1,366 | 2,631 | 1,086 | 1,082 | ||
| Noncurrent Assets | |||||||||
| Operating lease, right-of-use asset | 427 | 453 | 482 | ✕ | ✕ | ✕ | ✕ | ||
| Property, plant and equipment | 6,338 | 5,242 | 5,206 | 5,157 | 3,593 | 3,423 | 3,156 | ||
| Intangible assets, net (including goodwill) | 4,559 | 2,922 | 2,884 | 2,900 | 2,228 | 2,228 | 2,579 | ||
| Goodwill | 3,494 | 2,414 | 2,397 | 2,399 | 2,160 | 2,159 | 2,068 | ||
| Intangible assets, net (excluding goodwill) | 1,065 | 508 | 487 | 501 | 67 | 69 | 511 | ||
| Disposal group, including discontinued operation, noncurrent assets | 617 | ||||||||
| Other noncurrent assets | 426 | 295 | 133 | 128 | 102 | 120 | 145 | ||
| Other undisclosed noncurrent assets | 439 | 442 | |||||||
| Total noncurrent assets: | 12,367 | 8,913 | 8,705 | 8,186 | 6,361 | 6,215 | 5,880 | ||
| TOTAL ASSETS: | 14,393 | 10,581 | 10,132 | 9,551 | 8,993 | 7,301 | 6,962 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 419 | 215 | 236 | 326 | 293 | 286 | 258 | ||
| Accounts payable | 356 | 208 | 230 | 211 | 184 | 179 | 165 | ||
| Employee-related liabilities | 15 | 7 | 6 | 51 | 44 | 47 | 31 | ||
| Taxes payable | 64 | 65 | 60 | 63 | |||||
| Interest and dividends payable | 48 | ||||||||
| Debt | 13 | 3 | 396 | 393 | 304 | 183 | 32 | ||
| Disposal group, including discontinued operation | 8 | ||||||||
| Other liabilities | 142 | 117 | 96 | 61 | 88 | 71 | 71 | ||
| Other undisclosed current liabilities | 171 | 164 | 111 | 7 | 10 | 7 | 6 | ||
| Total current liabilities: | 753 | 499 | 839 | 787 | 694 | 547 | 367 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 5,480 | 3,036 | 2,873 | 2,730 | 2,727 | 1,506 | 1,554 | ||
| Long-term debt, excluding current maturities | 5,101 | 2,626 | 2,434 | 2,730 | 2,727 | 1,506 | 1,554 | ||
| Finance lease, liability | 6 | ✕ | ✕ | ✕ | ✕ | ||||
| Operating lease, liability | 379 | 410 | 434 | ✕ | ✕ | ✕ | ✕ | ||
| Liabilities, other than long-term debt | 1,623 | 1,152 | 494 | 1,085 | 889 | 1,106 | 981 | ||
| Accounts payable and accrued liabilities | 40 | ||||||||
| Deferred tax liabilities, net | ✕ | ✕ | ✕ | 706 | 411 | 663 | 583 | ||
| Deferred income tax liabilities | 895 | 782 | ✕ | ✕ | ✕ | ✕ | |||
| Liability, pension and other postretirement and postemployment benefits | 114 | 134 | 244 | 248 | 225 | ||||
| Disposal group, including discontinued operation, liabilities | 54 | ||||||||
| Other liabilities | 674 | 371 | 339 | 245 | 234 | 194 | 173 | ||
| Other undisclosed noncurrent liabilities | 573 | ||||||||
| Total noncurrent liabilities: | 7,103 | 4,188 | 3,940 | 3,815 | 3,616 | 2,612 | 2,534 | ||
| Total liabilities: | 7,855 | 4,688 | 4,778 | 4,602 | 4,310 | 3,158 | 2,902 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 6,535 | 5,891 | 5,351 | 4,946 | 4,680 | 4,140 | 4,057 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Additional paid in capital | 3,470 | 3,441 | 3,419 | 3,396 | 3,368 | 3,334 | 3,288 | ||
| Accumulated other comprehensive loss | (98) | (158) | (146) | (144) | (129) | (131) | (106) | ||
| Retained earnings | 3,162 | 2,608 | 2,077 | 1,693 | 1,440 | 936 | 874 | ||
| Stockholders' equity attributable to noncontrolling interest | 2 | 3 | 3 | 3 | 3 | 3 | 3 | ||
| Total stockholders' equity: | 6,538 | 5,893 | 5,353 | 4,949 | 4,682 | 4,143 | 4,060 | ||
| TOTAL LIABILITIES AND EQUITY: | 14,393 | 10,581 | 10,132 | 9,551 | 8,993 | 7,301 | 6,962 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 5,414 | 4,730 | 4,739 | 4,244 | 3,966 | 3,819 | 3,540 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 3,966 | 3,819 | 3,540 | |
| Cost of revenue (Cost of Goods and Services Sold) | (4,066) | (3,477) | (3,560) | (3,278) | (2,994) | (2,910) | (2,818) | |
| Gross profit: | 1,348 | 1,253 | 1,179 | 967 | 972 | 909 | 722 | |
| Operating expenses | (409) | (307) | (303) | (294) | (271) | (250) | (227) | |
| Other operating income (expense), net | 34 | 60 | 9 | 18 | (1) | 8 | (16) | |
| Other nonrecurring (income) expense | (13) | |||||||
| Operating income: | 974 | 1,005 | 885 | 691 | 700 | 667 | 479 | |
| Nonoperating income (expense) (Other Nonoperating Income (Expense)) | 24 | 2 | (7) | 22 | 10 | 21 | 11 | |
| Interest and debt expense | (143) | (118) | (129) | (137) | (91) | (82) | (76) | |
| Income from continuing operations before income taxes: | 856 | 889 | 748 | 576 | 619 | 607 | 414 | |
| Income tax expense (benefit) | (153) | (168) | (136) | (106) | 94 | (182) | (125) | |
| Income from continuing operations: | 702 | 721 | 612 | 470 | 713 | 425 | 289 | |
| Income from discontinued operations | 1 | |||||||
| Net income: | 703 | 721 | 612 | 470 | 713 | 425 | 289 | |
| Net loss attributable to noncontrolling interest | (0) | (0) | (0) | (0) | (0) | (0) | (0) | |
| Net income available to common stockholders, diluted: | 703 | 721 | 612 | 470 | 713 | 425 | 289 | |
Comprehensive Income ($ in millions)
| 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 703 | 721 | 612 | 470 | 713 | 425 | 289 | |
| Other comprehensive income (loss) | 61 | (13) | (2) | (14) | 2 | (25) | 1 | |
| Comprehensive income: | 764 | 709 | 610 | 456 | 715 | 400 | 289 | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (0) | (0) | (0) | (0) | (0) | (0) | (0) | |
| Comprehensive income, net of tax, attributable to parent: | 763 | 708 | 610 | 456 | 715 | 400 | 289 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.