earnings
confidence high
sentiment positive
materiality 0.85
Martin Marietta Q4 earnings: EPS $4.79, aggregates margins expand, FY2025 guidance implies 9% EBITDA growth
MARTIN MARIETTA MATERIALS INC
2024-FY EPS reported
$32.41
revenue$6,536,000,000
- Q4 diluted EPS $4.79 (+3% YoY); revenue $1.632B (+1%); adjusted EBITDA $545M (+8%).
- Aggregates Q4 shipments 47.9M tons (+3%), ASP $21.95 (+9%), gross profit per ton $7.92 (+12%).
- Full-year 2025 guidance: Adj. EBITDA $2.15-$2.35B (midpoint $2.25B, +9% vs 2024); revenue $6.83-$7.23B.
- Returned $639M to shareholders via dividends and buybacks in 2024; ended Q4 with $670M cash on hand.
- Completed aggregates bolt-on acquisitions in Florida, Southern California, and Texas during Q4.