Martin Marietta Materials Q2 2024 Update
Ticker: MLM · Form: 10-Q · Filed: 2024-08-08T00:00:00.000Z
Sentiment: neutral
Topics: 10-Q, financials, materials
Related Tickers: MLM
TL;DR
MLM Q2 results are in, check the 10-Q for building materials and aggregates performance.
AI Summary
Martin Marietta Materials Inc. reported its second quarter 2024 results, ending June 30, 2024. The company's filing details its financial performance across various segments, including Building Materials, Aggregates, and Magnesia Specialties. Specific financial data and operational details for the periods ending June 30, 2024, and December 31, 2023, are provided.
Why It Matters
This filing provides investors with crucial financial and operational insights into Martin Marietta Materials' performance, impacting investment decisions and market perception.
Risk Assessment
Risk Level: medium — The filing contains standard financial disclosures for a public company, but the nature of the materials industry can be subject to economic cycles and regulatory changes.
Key Numbers
- 2024-06-30 — Reporting Date (End of the second quarter reporting period.)
- 2023-12-31 — Prior Year End Date (Reference point for comparative financial data.)
- 2024-04-01 — Quarter Start Date (Beginning of the current reporting quarter.)
Key Players & Entities
- MARTIN MARIETTA MATERIALS INC (company) — Filer
- 20240630 (date) — Reporting Period End Date
- 20240808 (date) — Filing Date
- mlm:MagnesiaSpecialtiesMember (company) — Operating Segment
- mlm:BuildingMaterialsBusinessMember (company) — Operating Segment
- mlm:AggregatesMember (company) — Operating Segment
FAQ
What were the key financial highlights for Martin Marietta Materials in Q2 2024?
The filing provides detailed financial information for the quarter ending June 30, 2024, across various business segments, but specific aggregate financial figures like revenue or net income are not explicitly stated in this header information.
Which operating segments are detailed in this 10-Q filing?
The filing references operating segments such as Magnesia Specialties, Building Materials Business, and Aggregates.
What is the company's fiscal year end?
The company's fiscal year ends on December 31.
When was this 10-Q filing submitted?
This 10-Q filing was submitted on August 8, 2024.
Does the filing mention any credit facilities?
Yes, the filing references the 'TradeReceivableCreditFacilityMember' and 'RevolvingCreditFacilityMember' as of June 30, 2024.
From the Filing
0000950170-24-093580.txt : 20240808 0000950170-24-093580.hdr.sgml : 20240808 20240808122738 ACCESSION NUMBER: 0000950170-24-093580 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 79 CONFORMED PERIOD OF REPORT: 20240630 FILED AS OF DATE: 20240808 DATE AS OF CHANGE: 20240808 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MARTIN MARIETTA MATERIALS INC CENTRAL INDEX KEY: 0000916076 STANDARD INDUSTRIAL CLASSIFICATION: MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS) [1400] ORGANIZATION NAME: 01 Energy & Transportation IRS NUMBER: 561848578 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-12744 FILM NUMBER: 241187107 BUSINESS ADDRESS: STREET 1: 4123 PARKLAKE AVE CITY: RALEIGH STATE: NC ZIP: 27612 BUSINESS PHONE: 919-781-4550 MAIL ADDRESS: STREET 1: 4123 PARKLAKE AVE CITY: RALEIGH STATE: NC ZIP: 27612 10-Q 1 mlm-20240630.htm 10-Q 10-Q false 0000916076 Q2 --12-31 0000916076 us-gaap:AccumulatedTranslationAdjustmentMember 2022-12-31 0000916076 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2023-12-31 0000916076 us-gaap:OperatingSegmentsMember mlm:MagnesiaSpecialtiesMember 2023-12-31 0000916076 us-gaap:ServiceMember 2023-01-01 2023-06-30 0000916076 mlm:WestGroupMember 2024-06-30 0000916076 us-gaap:OperatingSegmentsMember us-gaap:ReportableSubsegmentsMember mlm:BuildingMaterialsBusinessMember mlm:AggregatesMember 2023-04-01 2023-06-30 0000916076 mlm:SouthTexasCementBusinessMember 2024-01-01 2024-06-30 0000916076 mlm:TradeReceivableCreditFacilityMember srt:MaximumMember 2024-06-30 0000916076 mlm:FourPointTwoFiveZeroPercentSeniorNotesDueTwentyTwentyFourMember 2023-12-31 0000916076 mlm:ReportableSegmentsMember 2024-04-01 2024-06-30 0000916076 2024-02-09 2024-02-09 0000916076 us-gaap:RevolvingCreditFacilityMember 2024-06-30 0000916076 us-gaap:PensionPlansDefinedBenefitMember 2024-04-01 2024-06-30 0000916076 us-gaap:OperatingSegmentsMember us-gaap:ReportableSubsegmentsMember mlm:BuildingMaterialsBusinessMember mlm:CementAndReadyMixedConcreteMember 2024-04-01 2024-06-30 0000916076 us-gaap:AdditionalPaidInCapitalMember 2024-06-30 0000916076 us-gaap:RetainedEarningsMember 2023-01-01 2023-06-30 0000916076 us-gaap:OperatingSegmentsMember mlm:MagnesiaSpecialtiesMember 2023-01-01 2023-06-30 0000916076 us-gaap:OperatingSegmentsMember mlm:BuildingMaterialsBusinessMember 2024-01-01 2024-06-30 0000916076 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember us-gaap:OtherNonoperatingIncomeExpenseMember 2024-04-01 2024-06-30 0000916076 2023-03-31 0000916076 us-gaap:ParentMember 2023-04-01 2023-06-30 0000916076 us-gaap:CorporateNonSegmentMember 2024-04-01 2024-06-30 0000916076 2023-06-30 0000916076 mlm:TwoPointFiveZeroZeroPercentSeniorNotesDueTwentyThirtyMember 2023-12-31 0000916076 mlm:ReadyMixedConcreteMember us-gaap:OperatingSegmentsMember 2023-01-01 2023-06-30 0000916076 mlm:BuildingMaterialsBusinessWestGroupMember us-gaap:OperatingSegmentsMember 2023-01-01 2023-06-30 0000916076 us-gaap:CorporateNonSegmentMember 2024-06-30 0000916076 us-gaap:IntersubsegmentEliminationsMember 2024-04-01 2024-06-30 0000916076 us-gaap:RetainedEarningsMember 2022-12-31 0000916076 us-gaap:AccumulatedTranslationAdjustmentMember 2023-04-01 2023-06-30 0000916076 us-gaap:AdditionalPaidInCapitalMember 2023-12-31 0000916076 us-gaap:NoncontrollingInterestMember 2024-03-31 0000916076 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2024-06-30 0000916076 us-gaap:IntersubsegmentEliminationsMember mlm:ReadyMixedConcreteMember us-gaap:OperatingSegmentsMember 2023-04-01 2023-06-30 0000916076 mlm:SevenPercentDebenturesDueTwentyTwentyFiveMember 2023-12-31 0000916076 us-gaap:ReclassificationOutOfAccumulatedOtherComprehensiveIncomeMember us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2024-04-01 2024-06-30 0000916076 mlm:EastGroupMember 2024-01-01 2024-06-30 0000916076 mlm:ThreePointTwoZeroZeroPercentSeniorNotesDueTwentyFiftyOneMemb