财务数据和关键指标变化 - 2023年全年合并总收入达68亿美元,同比增长10% [24] - 2023年全年合并毛利达20亿美元,同比增长42.1% [24] - 2023年全年每股摊薄持续经营收益为19.32美元,同比增长41% [24] - 2023年全年调整后EBITDA达21亿美元,同比增长33% [24] - 2023年全年骨料毛利率达32%,同比提升660个基点,创历史新高 [35] 各条业务线数据和关键指标变化 - 骨料业务2023年全年收入达43亿美元,同比增长10.9%,创历史新高 [35] - 骨料业务2023年全年毛利达14亿美元,同比增长40.1%,创历史新高 [35] - 水泥业务2023年全年收入达7.26亿美元,同比增长17%,创历史新高 [37] - 水泥业务2023年全年毛利达3.34亿美元,同比增长64.6%,创历史新高 [37] - 混凝土业务2023年全年收入达10亿美元,同比增长5.9% [39] - 混凝土业务2023年全年毛利达1.02亿美元,同比增长44.2% [39] - 沥青业务2023年全年收入达8.87亿美元,同比增长12.6% [40] - 沥青业务2023年全年毛利达1.09亿美元,同比增长34.7% [40] 各个市场数据和关键指标变化 - 骨料销量2023年全年下降4.3%,主要受公司价值优先策略和中西部部分市场需求疲软影响,但东南市场保持强劲 [26] - 骨料价格2023年全年上涨18.9%,或17.2%在剔除产品组合影响后 [26] - 水泥销量2023年全年下降3.4%至400万吨,但价格上涨22%,或21.6%在剔除产品组合影响后,得益于达拉斯-沃斯堡大都市区供需良好 [27] 公司战略和发展方向及行业竞争 - 公司将继续执行价值优先的商业策略,通过适当的价格提升来抵消持续的高成本压力 [25] - 公司将继续专注于骨料业务,通过收购交易进一步提升骨料业务在总收入和利润中的占比 [201][202][205] - 公司认为骨料业务具有长期优势,因为骨料是所有重型建筑项目不可或缺的原材料,且很难在城市中心附近找到可替代的储量 [128][129][130] - 公司将继续保持水泥业务,认为其在达拉斯-沃斯堡大都市区拥有出色的业绩和利润率 [203][204] 管理层对经营环境和未来前景的评论 - 尽管面临货币政策收紧、住房放缓和地缘政治紧张局势等宏观挑战,但公司仍能取得创纪录的财务和安全业绩,体现了公司战略执行的成功 [15] - 公司预计2024年骨料销量将持平,基础设施和大型非住宅项目需求将抵消住宅和轻型非住宅需求的疲软 [61] - 公司预计2024年骨料价格将继续实现双位数增长,推动毛利率和单位利润的扩张 [63] - 公司对2024年的前景充满信心,预计调整后EBITDA将达到22.4亿美元,如果包括最新收购和剥离交易,预计将达到23.7亿美元 [20][21] 其他重要信息 - 公司2023年创下安全和盈利方面的历史新高 [12][13] - 公司完成了科罗拉多州艾伯特·弗雷伊公司的收购,并宣布收购蓝水工业公司的部分资产,进一步扩大了骨料业务版图 [16][17][18] - 公司于2月9日出售了南德克萨斯州的水泥和混凝土业务 [30] - 公司资产负债表健康,截至2023年12月31日,净债务/EBITDA比率为1.4倍,如果包括最新收购和剥离交易,该比率将为1.85倍,仍低于目标区间 [44] 问答环节重要的提问和回答 问题1 **Trey Grooms 提问** 询问如何将2024年指引中包含的交易影响进行对接 [72] **Jim Nickolas 回答** 解释了艾伯特·弗雷伊收购和南德克萨斯剥离交易对2024年指引的影响,以及蓝水工业收购尚未完成未包含在指引中的情况 [72][73] 问题2 **Jerry Revich 提问** 询问行业在需求持平环境下的定价能力是否会发生变化 [124] **Ward Nye 回答** 解释了公司将继续执行价值优先策略,并且由于骨料储量的稀缺性和重要性,预计未来定价能力将保持较强 [128][129][130][223][224] 问题3 **Garik Shmois 提问** 询问在竞争对手提及更多关注市场份额的情况下,公司的定价谈判是否更加困难 [218] **Ward Nye 回答** 表示公司与客户的定价谈判仍然比较顺利,并解释了公司定价策略的考量因素 [220][221][222][223][224][225]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12744 MARTIN MARIETTA MATERIALS, INC. (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1848578 (State o ...

Martin Marietta Materials, Inc. (NYSE:MLM) Q3 2023 Earnings Conference Call November 1, 2023 10:00 AM ET Company Participants Jacklyn Rooker - Director-Investor Relations Ward Nye - Chairman, President & Chief Executive Officer Jim Nickolas - Executive Vice President & Chief Financial Officer Conference Call Participants Kathryn Thompson - Thompson Research Group Trey Grooms - Stephens Stanley Elliott - Stifel Jerry Revich - Goldman Sachs Anthony Pettinari - Citi Phil Ng - Jefferies Timna Tanners - Wolfe Re ...

Q3 2023 SUPPLEMENTAL INFORMATION* November 1, 2023 * All information provided in these slides is qualified in its entirety by reference to theCompany'sfilings with the Securities and Exchange Commission (SEC), which are available on both the Company’s and the SEC’s websites. Statement Regarding Safe Harbor for Forward-Looking Statements Investors are cautioned that all statements herein that relate to the future involve risks and uncertainties, and are based on assumptions that the Company believes in good ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12744 MARTIN MARIETTA MATERIALS, INC. (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1848578 (State or oth ...

Q2 2023 SUPPLEMENTAL INFORMATION* July 27, 2023 * All information provided in these slides is qualified in its entirety by reference to theCompany'sfilings with the Securities and Exchange Commission (SEC), which are available on both the Company’s and the SEC’s websites. Statement Regarding Safe Harbor for Forward-Looking Statements Investors are cautioned that all statements in this presentation that relate to the future involve risks and uncertainties, and are based on assumptions that the Company believ ...

Martin Marietta Materials, Inc (NYSE:MLM) Q2 2023 Earnings Conference Call July 27, 2023 10:00 AM ET Company Participants Jennifer Park - Vice President, Investor Relations Ward Nye - Chairman and Chief Executive Officer Jim Nickolas - Senior Vice President and Chief Financial Officer Conference Call Participants Trey Grooms - Stephens Stanley Elliott - Stifel Kathryn Thompson - Thompson Research David MacGregor - Longbow Research Jerry Revich - Goldman Sachs Garik Shmois - Loop Capital Keith Hughes - Truis ...

Martin Marietta Materials, Inc. (NYSE:MLM) Q1 2023 Results Conference Call May 4, 2023 10:00 AM ET Company Participants Jennifer Park - VP, IR Ward Nye - Chairman and CEO Jim Nickolas - SVP and CFO Conference Call Participants Adam Thalhimer - Thompson, Davis. Kathryn Thompson - Thompson Research Group Trey Grooms - Stephens Stanley Elliott - Stifel Jerry Revich - Goldman Sachs Michael Feniger - Bank of America Timna Tanners - Wolfe Research David McGregor - Longbow Research Rohit Seth - Seaport Research Ad ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 1-12744 MARTIN MARIETTA MATERIALS, INC. (Exact Name of Registrant as Specified in its Charter) North Carolina 56-1848578 (State or ot ...

c9 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12744 MARTIN MARIETTA MATERIALS, INC. (Exact name of registrant as specified in its charter) North Carolina 56-1848578 (State or oth ...