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Martin Marietta Materials (Martin Marietta Materials) Retained Earnings : $4,563 Mil (As of Dec. 2023)


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What is Martin Marietta Materials Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Martin Marietta Materials's retained earnings for the quarter that ended in Dec. 2023 was $4,563 Mil.

Martin Marietta Materials's quarterly retained earnings increased from Jun. 2023 ($3,955 Mil) to Sep. 2023 ($4,326 Mil) and increased from Sep. 2023 ($4,326 Mil) to Dec. 2023 ($4,563 Mil).

Martin Marietta Materials's annual retained earnings increased from Dec. 2021 ($3,162 Mil) to Dec. 2022 ($3,719 Mil) and increased from Dec. 2022 ($3,719 Mil) to Dec. 2023 ($4,563 Mil).


Martin Marietta Materials Retained Earnings Historical Data

The historical data trend for Martin Marietta Materials's Retained Earnings 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 Retained Earnings Chart

Martin Marietta Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,077.20 2,607.70 3,161.90 3,719.40 4,562.60

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
Retained Earnings 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 3,719.40 3,724.60 3,955.40 4,326.00 4,562.60

Martin Marietta Materials Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Martin Marietta Materials  (NYSE:MLM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


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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