Martin Marietta Materials Inc - Company Profile
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Martin Marietta Materials Inc (Martin Marietta) is a building materials company. Its portfolio of products includes aggregates, ready-mixed concrete, asphalt, cement, and downstream products. The company offers magnesia-based chemicals products for industrial, agricultural, and environmental applications. Martin Marietta also offers paving services in Colorado, the US. The company serves infrastructure, nonresidential and residential construction, agricultural, utility, and environmental markets. It operates aggregates quarries, mines and yards, cement plants, ready mixed plants, asphalt plants and magnesia specialties facilities in the US and Canada, and distributes its products to the Bahamas and the Caribbean Islands. Martin Marietta is headquartered in Raleigh, North Carolina, the US.
Headquarters
United States of America
Address
4123 Parklake Ave, Raleigh, North Carolina, 27612
Website
www.martinmarietta.com
Telephone
1 919 7814550
No of Employees
9,400
Industry
Construction
Ticker Symbol & Exchange
MLM (NYSE)
Revenue (2022)
$6.8B
10%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
34.9%
(2022 vs 2021)
Market Cap*
$36.1B
Net Profit Margin (2022)
XYZ
22.6%
(2022 vs 2021)
* As of and is in US$
Martin Marietta Materials Inc premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Ready-Mixed Concrete | Paving Services |
| Asphalt | |
| Cement | |
| XYZ | |
| XYZ | |
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In April, the company acquired 20 active aggregates operations in Alabama, South Carolina, South Florida, Tennessee, and Virginia from affiliates of Blue Water Industries LLC. |
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired Albert Frei & Sons, Inc., an aggregates producer in Colorado. |
| 2022 | Contracts/Agreements | In August, the company entered into an agreement to sell the Tehachapi, California cement plant and related distribution terminals to CalPortland Company, for US$350 million. |
Competitor Comparison
| Key Parameters | Martin Marietta Materials Inc | Vulcan Materials Co | MDU Resources Group Inc | Summit Materials Inc | Eagle Materials Inc |
|---|---|---|---|---|---|
| Headquarters | United States of America | United States of America | United States of America | United States of America | United States of America |
| City | Raleigh | Birmingham | Bismarck | Denver | Dallas |
| State/Province | North Carolina | Alabama | North Dakota | Colorado | Texas |
| No. of Employees | 9,400 | 10,382 | 9,145 | 5,300 | 2,400 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| C. Howard Nye | Chief Executive Officer; Chairman; President | Executive Board | 2014 | - |
| James A. J. Nickolas | Chief Financial Officer; Senior Vice President | Senior Management | 2017 | - |
| Robert J. Cardin | Controller; Senior Vice President; Chief Accounting Officer | Senior Management | 2019 | - |
| John P. Mohr | Senior Vice President; Chief Information Officer | Senior Management | 2017 | - |
| Craig M. LaTorre | Senior Vice President; Chief Human Resources Officer | Senior Management | 2019 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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