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Sep 30, 2024
Martin Marietta Q3 2024 Earnings Report
Reported record quarterly aggregates gross profit per ton despite weather impacts and acquired Pure Aggregates assets in South Florida and Southern California.
Key Takeaways
Martin Marietta reported third-quarter results with record quarterly aggregates gross profit per ton, record third-quarter cash flows from operations, and record third-quarter revenues and gross profit in the Magnesia Specialties business. However, weather-related events had major impacts on the third-quarter business results.
Achieved record quarterly aggregates gross profit per ton despite weather impacts.
Delivered record third-quarter cash flows from operations and Magnesia Specialties revenues and gross profit.
Acquired pure aggregates assets in South Florida and Southern California.
Revised full-year 2024 Adjusted EBITDA guidance to $2.1 billion at the midpoint due to weather impacts.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
The Company’s 2024 revised guidance below includes all acquisitions completed through September 30, 2024, as of their respective closing dates.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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