Similar companies
Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 1.89B | 7.1% |
| Gross Profit | 599M | 15.9% |
| Cost of Revenue | 1.4B | 2.3% |
| Operating expense | 105M | 10.3% |
| Net Income | 363M | 23.5% |
| EBITDA | 489M | 9.8% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 16.5B | 0.8% |
| Total Liabilities | 7.3B | 2.6% |
| Total Equity | 9.17B | 3.7% |
| Shares Outstanding | 61M | 0% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 600M | 59900% |
| Cash from investing | -298M | 86.4% |
| Cash from financing | -359M | 2.3% |
EPS
Financial Highlights for Martin Marietta Materials in Q3 '24
Martin Marietta Materials reported a revenue of 1.89B, which is a 7.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 599M, marking a 15.9% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.4B, a 2.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 105M, showing a -10.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 363M, showing a 23.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 489M, showing a -9.8% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Martin Marietta Materials with growth in revenue, gross profit, and net income. A decline in EBITDA signals potential operational challenges or increased costs.
