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Martin Marietta Materials (BSP:M1LM34) Gross-Profit-to-Asset % : 6.99% (As of Mar. 2024)


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What is Martin Marietta Materials Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Martin Marietta Materials's annualized Gross Profit for the quarter that ended in Mar. 2024 was R$5,418 Mil. Martin Marietta Materials's average Total Assets over the quarter that ended in Mar. 2024 was R$77,490 Mil. Therefore, Martin Marietta Materials's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 6.99%.


Martin Marietta Materials Gross-Profit-to-Asset % Historical Data

The historical data trend for Martin Marietta Materials's Gross-Profit-to-Asset % 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.

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Martin Marietta Materials Gross-Profit-to-Asset % Chart

Martin Marietta Materials Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.30 13.42 11.23 9.33 12.98

Martin Marietta Materials Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % 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 8.08 14.36 18.09 12.82 6.99

Competitive Comparison of Martin Marietta Materials's Gross-Profit-to-Asset %

For the Building Materials subindustry, Martin Marietta Materials's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's Gross-Profit-to-Asset % falls into.



Martin Marietta Materials Gross-Profit-to-Asset % Calculation

Martin Marietta Materials's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=9910.335/( (78647.429+74108.985)/ 2 )
=9910.335/76378.207
=12.98 %

Martin Marietta Materials's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=5418.024/( (74108.985+80871.952)/ 2 )
=5418.024/77490.4685
=6.99 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Martin Marietta Materials Gross-Profit-to-Asset % Related Terms

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Martin Marietta Materials (BSP:M1LM34) 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.

Martin Marietta Materials (BSP:M1LM34) Headlines

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