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Martin Marietta Materials (Martin Marietta Materials) Book Value per Share : $129.94 (As of Dec. 2023)


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What is Martin Marietta Materials Book Value per Share?

Martin Marietta Materials's book value per share for the quarter that ended in Dec. 2023 was $129.94.

During the past 12 months, Martin Marietta Materials's average Book Value Per Share Growth Rate was 12.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 11.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Martin Marietta Materials was 28.00% per year. The lowest was -2.00% per year. And the median was 9.40% per year.

Martin Marietta Materials's current price is $604.99. Its book value per share for the quarter that ended in Dec. 2023 was $129.94. Hence, today's PB Ratio of Martin Marietta Materials is 4.66.

During the past 13 years, the highest P/B Ratio of Martin Marietta Materials was 4.77. The lowest was 1.65. And the median was 3.09.

Warning Sign:

Martin Marietta Materials Inc stock PB Ratio (=4.66) is close to 10-year high of 4.77


Martin Marietta Materials Book Value per Share Historical Data

The historical data trend for Martin Marietta Materials's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Martin Marietta Materials Book Value per Share Chart

Martin Marietta Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.75 94.55 104.73 115.47 129.94

Martin Marietta Materials Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 115.47 115.73 120.08 126.24 129.94

Competitive Comparison of Martin Marietta Materials's Book Value per Share

For the Building Materials subindustry, Martin Marietta Materials's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Martin Marietta Materials's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's PB Ratio distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's PB Ratio falls into.



Martin Marietta Materials Book Value per Share Calculation

Martin Marietta Materials's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8,033-0)/62
=129.94

Martin Marietta Materials's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8,033-0)/62
=129.94

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Martin Marietta Materials  (NYSE:MLM) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Martin Marietta Materials Book Value per Share Related Terms

Thank you for viewing the detailed overview of Martin Marietta Materials's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Martin Marietta Materials (Martin Marietta Materials) Business Description

Traded in Other Exchanges
Address
4123 Parklake Avenue, Raleigh, NC, USA, 27612
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
Executives
Craig M Latorre officer: Sr. VP, CHRO 2710 WYCLIFF ROAD, RALEIGH NC 27607
Kelly Gean Bennett officer: Sr VP, Human Resources 4123 PARKLAKE AVENUE, RALEIGH NC 27612
Sue W Cole director C/O US TRUST CO OF NORTH CAROLINA, 301 N. ELM ST., GREENSBORO NC 27401
Oliver W Brooks officer: SVP - Enterprise Excellence 4123 PARKLAKE AVENUE, RALEIGH NC 27612
John P Mohr officer: SVP - CIO 2710 WYCLIFF ROAD, RALEIGH NC 27607
Michael J Petro officer: SVP - Strategy and Development 4123 PARKLAKE AVENUE, RALEIGH NC 27612
C Howard Nye officer: Pres & Chief Operating Officer 2710 WYCLIFF ROAD, RALEIGH NC 27607
Roselyn R Bar officer: VP, Gen. Counsel and Secy C/O MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Anthony R Foxx director 2710 WYCLIFF ROAD, RALEIGH NC 27607
Zelnak Stephen P Jr director, officer: Chairman, President and CEO MARTIN MARIETTA MATERIALS INC, 2710 WYCLIFF ROAD, RALEIGH NC 27607
David C Wajsgras director 870 WINTER STREET, WALTHAM MA 02451
John J Koraleski director MARTIN MARIETTA, 2710 WYCLIFF ROAD, RALEIGH NC 27607
Daniel L. Grant officer: SVP - Strategy and Development 2710 WYCLIFF ROAD, RALEIGH NC 27607
Thomas Pike director C/O ACCENTURE, 161 N. CLARK STREET, 23RD FLOOR, CHICAGO IL 60601
Laree E Perez director 1111 LOUISIANA STREET, HOUSTON TX 77002

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