Martin Marietta Materials Files 2024 10-K
Ticker: MLM · Form: 10-K · Filed: 2025-02-21T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, annual-report, construction-materials
Related Tickers: MLM
TL;DR
MLM's 2024 10-K is in. Full financials for the construction materials giant are out.
AI Summary
Martin Marietta Materials Inc. filed its 2024 10-K on February 21, 2025, detailing its financial performance for the fiscal year ending December 31, 2024. The company, a major producer of construction aggregates and heavy building materials, operates primarily in the mining and quarrying sector. The filing provides comprehensive financial statements and disclosures for the fiscal year.
Why It Matters
This filing provides investors and analysts with a detailed look at Martin Marietta's financial health and operational performance for 2024, crucial for understanding its market position and future prospects in the construction materials industry.
Risk Assessment
Risk Level: medium — The filing is a standard annual report and does not inherently indicate new or elevated risks beyond the company's normal operational and market exposures.
Key Numbers
- 1231 — Fiscal Year End (Indicates the end of the reporting period for the 2024 fiscal year.)
- 20250221 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- MARTIN MARIETTA MATERIALS INC (company) — Filer
- 2024-12-31 (date) — Fiscal Year End
- 2025-02-21 (date) — Filing Date
- RALEIGH, NC (location) — Business Address
- 919-781-4550 (phone_number) — Business Phone
FAQ
What is the primary business of Martin Marietta Materials Inc. as described in the 10-K?
Martin Marietta Materials Inc. is primarily engaged in the mining, quarrying, and sale of nonmetallic minerals, particularly construction aggregates, and the production and sale of heavy building materials.
When did the fiscal year covered by this 10-K filing end?
The fiscal year covered by this 10-K filing ended on December 31, 2024.
On what date was this 10-K filed with the SEC?
This 10-K was filed with the SEC on February 21, 2025.
What is the company's state of incorporation?
The company's state of incorporation is North Carolina (NC).
What is the company's Standard Industrial Classification (SIC) code and description?
The company's SIC code is [1400] and its description is MINING, QUARRYING OF NONMETALLIC MINERALS (NO FUELS).
From the Filing
0000950170-25-024770.txt : 20250221 0000950170-25-024770.hdr.sgml : 20250221 20250221145738 ACCESSION NUMBER: 0000950170-25-024770 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 158 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250221 DATE AS OF CHANGE: 20250221 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-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12744 FILM NUMBER: 25650989 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-K 1 mlm-20241231.htm 10-K 10-K FY 0000916076 false P1Y http://fasb.org/us-gaap/2024#IncomeTaxExpenseBenefit http://fasb.org/us-gaap/2024#IncomeTaxExpenseBenefit http://fasb.org/us-gaap/2024#IncomeTaxExpenseBenefit http://fasb.org/us-gaap/2024#IncomeTaxExpenseBenefit 2020 2021 2022 2023 2024 http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#PropertyPlantAndEquipmentNet http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesCurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#OtherLiabilitiesNoncurrent http://fasb.org/us-gaap/2024#Liabilities http://fasb.org/us-gaap/2024#Liabilities http://martinmarietta.com/20241231#ChairPresidentAndChiefExecutiveOfficerMember 0000916076 us-gaap:CommonStockMember 2024-12-31 0000916076 mlm:SixPointTwoFivePercentageOfSeniorNotesDueTwoThousandThirtySevenMember 2024-12-31 0000916076 mlm:RestrictedStockPerformanceBasedMember 2022-01-01 2022-12-31 0000916076 us-gaap:RevolvingCreditFacilityMember 2023-12-31 0000916076 mlm:ServiceAndPerformanceBasedRestrictedStockMember 2024-01-01 2024-12-31 0000916076 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0000916076 us-gaap:IntersubsegmentEliminationsMember 2024-01-01 2024-12-31 0000916076 mlm:SixPointTwoFivePercentageOfSeniorNotesDueTwoThousandThirtySevenMember 2023-12-31 0000916076 mlm:BuildingMaterialsBusinessEastGroupMember us-gaap:OperatingSegmentsMember 2023-01-01 2023-12-31 0000916076 mlm:ServiceAndPerformanceBasedRestrictedStockMember 2023-01-01 2023-12-31 0000916076 2015-12-31 2016-12-31 0000916076 mlm:UseRightsAndOtherMember 2023-12-31 0000916076 us-gaap:UseRightsMember 2023-12-31 0000916076 us-gaap:MachineryAndEquipmentMember 2023-12-31 0000916076 us-gaap:AdditionalPaidInCapitalMember 2022-01-01 2022-12-31 0000916076 mlm:ThreePointTwoZeroZeroPercentSeniorNotesDueTwentyFiftyOneMember 2024-12-31 0000916076 mlm:AlbertFreiSonsIncAndYoungquistBrothersRockLLCAndREJanesGravelCoMember 2024-12-31 0000916076 mlm:OperatingPermitsMember mlm:BuildingMaterialsBusinessMember 2024-12-31 0000916076 us-gaap:BuildingMember 2024-12-31 0000916076 mlm:MagnesiaSpecialtiesMember us-gaap:UseRightsMember 2024-12-31 0000916076 us-gaap:CommonStockMember 2022-01-01 2022-12-31 0000916076 us-gaap:RetainedEarningsMember 2022-12-31 0000916076 mlm:ExpendablePartsInventoryMember 2024-01-01 2024-12-31 0000916076 mlm:ForeignMember 2024-01-01 2024-12-31 0000916076 us-gaap:DefinedBenefitPlanRealEstateMember us-gaap:FairValueMeasuredAtNetAssetValuePerShareMember 2023-12-31 0000916076 us-gaap:DebtInstrumentRedemptionPeriodTwoMember mlm:FivePointFiveZeroZeroPercentSeniorNotesDueTwentyFiftyFourMember 2024-11-04 2024-11-04 0000916076 mlm:AsphaltAndPavingMember us-gaap:OperatingSegmentsMember mlm:BuildingMaterialsBusinessMember us-gaap:ReportableSubsegmentsMember 2024-01-01 2024-12-31 0000916076 mlm:TradeReceivableCreditFacilityMember 2024-01-01 2024-12-31 0000916076 us-gaap:AccumulatedDefinedBenefitPlansAdjustmentMember 2023-12-31 0000916076 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2022-12-31