Filing Flows › Martin Marietta Materials (MLM) › Q1 2025
Martin Marietta Materials (MLM) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 30, 2025
Martin Marietta Materials (MLM) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +8% from a year earlier and -4% from the quarter before. Operating margin was 14.3%, net earnings $116M (8.6% of revenue).
Martin Marietta Materials, Q1 2025: revenue $1.4B (+8% year over year), operating margin 14.3%, net earnings $116M, operating cash flow $218M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.4B | -4% | +8% |
| Gross profit | $335M | -21% | +23% |
| Operating profit | $194M | -51% | -86% |
| Net earnings | $116M | -61% | -89% |
| Operating cash flow | $218M | -68% | +27% |
What changed
Revenue was $1.4B in Q1 2025, up 8% year over year and down 4% from the previous quarter.
Gross margin was 24.8%, up 3.0 points from a year earlier. Operating profit was $0.19B, a 14.3% margin (down 99.3 points year over year). Operating profit fell $1.2B even though revenue rose $0.10B versus a year earlier, so costs grew faster than sales. Net earnings were $0.12B, down 89% year over year. The effective tax rate was 21.6%.
Operating cash flow was $0.22B (up 27% year over year), 188% of net earnings. Non-cash charges added back $0.15B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items used $0.08B. Capital expenditures of $0.23B exceeded it, leaving free cash flow of −$0.01B.
Questions
What was Martin Marietta Materials' revenue in the first quarter 2025?
Martin Marietta Materials (MLM) reported revenue of $1.4B for the first quarter 2025 (Q1 2025), +8% from a year earlier and -4% from the quarter before.
Was Martin Marietta Materials profitable in the first quarter 2025?
Operating profit was $194M (14.3% of revenue) and net earnings $116M.