NYSE$MLM
Martin Marietta Materials Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Martin Marietta reported record fourth-quarter results, delivering record full-year profitability and the best safety performance.
Martin Marietta reported a strong fourth quarter and full-year 2020, overcoming challenges posed by the COVID-19 pandemic. The company achieved record fourth-quarter revenues and Adjusted EBITDA, driven by shipment growth, pricing gains, and disciplined cost management. Underlying demand fundamentals are expected to reset in 2021, with anticipated growth in single-family housing, infrastructure investment, and heavy industrial projects.
- Record fourth-quarter revenues and Adjusted EBITDA were achieved.
- Consolidated gross margin expanded 410 basis points to 27.6 percent.
- Aggregates gross profit per ton shipped improved 17.9 percent.
- Cement shipments increased 11.7 percent, a fourth-quarter record.
Headline financials
Revenue & EPS history
Martin Marietta · Revenue · Quarterly
$1.11B
Revenue by segment
Martin Marietta · $1.15B total across 1 segment · Q1 2022
- Building Materials Business$1.15B—100.0%
Forward guidance
Martin Marietta remains confident that favorable pricing dynamics will continue and attractive underlying fundamentals and long-term secular growth trends in its key geographies remain intact, particularly as the U.S. economy stabilizes and recovers.
Tailwinds
- Favorable pricing dynamics are expected to continue.
- Underlying fundamentals and long-term secular growth trends in key geographies remain intact.
- The U.S. economy is expected to stabilize and recover.
- Single-family housing growth is anticipated.
- Expanded infrastructure investment is expected.
Headwinds
- Guidance excludes any benefit from additional fiscal stimulus or relief funds beyond those already enacted.
- Guidance excludes any benefit from a potential successor federal surface transportation bill.
- Macroeconomic uncertainty will persist.
- Potential impact of COVID-19 pandemic.
- Potential declines of the Company’s various construction end-use markets.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2020
+1.2%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+0.6%
Avg return
30 days after
58%
40 / 69 earnings
Positive
+17.6%
Q4 2014
Best reaction
-8.5%
Q1 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -0.2% | -1.1% | -5.0% | |
| Q4 2025 | -6.6% | -4.1% | -17.6% | |
| Q3 2025 | +1.0% | -1.4% | -0.1% | |
| Q2 2025 | +0.4% | +2.9% | +4.1% | |
| Q1 2025 | +3.8% | +7.4% | +8.5% | |
| Q4 2024 | -2.2% | -0.3% | -9.7% | |
| Q3 2024 | +1.4% | -0.3% | +2.8% | |
| Q2 2024 | -0.9% | -2.1% | -6.7% | |
| Q1 2024 | -2.0% | -1.9% | -5.9% | |
| Q4 2023 | +1.6% | +2.4% | +13.1% | |
| Q3 2023 | +7.8% | +8.0% | +14.3% | |
| Q2 2023 | -2.1% | -1.1% | -4.6% | |
| Q1 2023 | +7.9% | +8.2% | +12.6% | |
| Q4 2022 | +3.6% | +4.3% | -10.0% | |
| Q3 2022 | -0.8% | +2.5% | +9.4% | |
| Q2 2022 | +4.8% | +4.9% | +4.7% | |
| Q1 2022 | +6.2% | -2.6% | -2.3% | |
| Q4 2021 | -1.0% | +0.5% | -3.2% | |
| Q3 2021 | +4.5% | +5.6% | +6.0% | |
| Q2 2021 | -1.1% | -1.3% | +4.6% | |
| Q1 2021 | +5.6% | +6.7% | +1.4% | |
| Q4 2020 | +5.0% | +9.9% | +13.2% | |
| Q3 2020 | +7.6% | +11.6% | +9.5% | |
| Q2 2020 | -6.1% | -9.1% | -8.3% | |
| Q1 2020 | -8.5% | -7.4% | +10.9% | |
| Q4 2019 | -6.1% | -4.8% | -32.9% | |
| Q3 2019 | -0.8% | -2.1% | +1.1% | |
| Q2 2019 | +10.6% | +9.8% | +13.1% | |
| Q1 2019 | +2.3% | +3.4% | -0.8% | |
| Q4 2018 | -3.0% | +2.2% | +3.1% | |
| Q3 2018 | +8.5% | +5.4% | +6.5% | |
| Q2 2018 | -7.7% | -10.6% | -7.7% | |
| Q1 2018 | +3.9% | +5.3% | +12.2% | |
| Q4 2017 | +1.4% | +1.6% | -3.4% | |
| Q3 2017 | -2.5% | -3.3% | -6.7% | |
| Q2 2017 | -4.5% | -5.3% | -6.4% | |
| Q1 2017 | +7.2% | +6.6% | +2.3% | |
| Q4 2016 | -4.1% | -6.0% | -9.1% | |
| Q3 2016 | +2.7% | +3.7% | +19.2% | |
| Q2 2016 | +2.0% | +1.0% | -6.5% | |
| Q1 2016 | +5.0% | — | — | |
| Q4 2015 | +11.5% | — | — | |
| Q3 2015 | -6.1% | — | — | |
| Q2 2015 | +8.7% | — | — | |
| Q1 2015 | +8.5% | — | — | |
| Q4 2014 | +17.6% | — | — | |
| Q3 2014 | -4.6% | — | — | |
| Q2 2014 | -0.2% | — | — | |
| Q1 2014 | +6.4% | — | — | |
| Q4 2013 | +5.1% | — | — | |
| Q3 2013 | +1.2% | — | — | |
| Q2 2013 | -1.8% | — | — | |
| Q1 2013 | +1.0% | — | — | |
| Q4 2012 | +1.5% | — | — | |
| Q3 2012 | +2.2% | — | — | |
| Q2 2012 | -4.5% | — | — | |
| Q1 2012 | +0.1% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q3 2011 | +2.8% | — | — | |
| Q2 2011 | -1.5% | — | — | |
| Q1 2010 | -3.2% | — | — | |
| Q1 2011 | +2.1% | — | — | |
| Q4 2010 | +2.1% | — | — | |
| Q4 2008 | +2.1% | — | — | |
| Q3 2009 | +2.5% | — | — | |
| Q3 2010 | +2.5% | — | — | |
| Q2 2010 | -6.6% | — | — | |
| Q2 2009 | -6.6% | — | — | |
| Q4 2009 | -6.6% | — | — |
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