Martin Marietta Materials Inc (MLM) Files 10-K for the Fiscal Year Ended on December 31, 2018

In this article:

- By insider

Martin Marietta Materials Inc (MLM) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Martin Marietta Materials Inc is a natural-resource-based building materials company. It supplies aggregates products used for the construction of infrastructure, nonresidential, and residential projects. Martin Marietta Materials Inc has a market cap of $11.79 billion; its shares were traded at around $188.61 with a P/E ratio of 25.37 and P/S ratio of 2.80. The dividend yield of Martin Marietta Materials Inc stocks is 0.96%. Martin Marietta Materials Inc had annual average EBITDA growth of 6.80% over the past ten years.


For the last quarter Martin Marietta Materials Inc reported a revenue of $1 billion, compared with the revenue of $970.5 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $4.2 billion, an increase of 7% from last year. For the last five years Martin Marietta Materials Inc had an average revenue growth rate of 13.2% a year.

The reported diluted earnings per share was $7.43 for the year, a decline of 34% from the previous year. Over the last five years Martin Marietta Materials Inc had an EPS growth rate of 32.8% a year. The Martin Marietta Materials Inc had a decent operating margin of 16.59%, compared with the operating margin of 17.88% a year before. The 10-year historical median operating margin of Martin Marietta Materials Inc is 12.05%. The profitability rank of the company is 7 (out of 10).

At the end of the fiscal year, Martin Marietta Materials Inc has the cash and cash equivalents of $44.9 million, compared with $1.4 billion in the previous year. The long term debt was $2.7 billion, compared with $2.7 billion in the previous year. The interest coverage to the debt is 5.1. Martin Marietta Materials Inc has a financial strength rank of 5 (out of 10).

At the current stock price of $188.61, Martin Marietta Materials Inc is traded at 17.9% premium to its historical median P/S valuation band of $159.96. The P/S ratio of the stock is 2.80, while the historical median P/S ratio is 2.38. The stock lost 9.56% during the past 12 months.

For the complete 20-year historical financial data of MLM, click here.

This article first appeared on GuruFocus.


Advertisement