Martin Income Tax Expense from 2010 to 2024

MLM Stock  USD 590.94  5.68  0.97%   
Martin Marietta Income Tax Expense yearly trend continues to be very stable with very little volatility. Income Tax Expense is likely to grow to about 307.1 M this year. During the period from 2010 to 2024, Martin Marietta Income Tax Expense quarterly data regression pattern had range of 401.6 M and standard deviation of  108,960,865. View All Fundamentals
 
Income Tax Expense  
First Reported
1994-03-31
Previous Quarter
78 M
Current Value
95 M
Quarterly Volatility
44.9 M
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Martin Marietta financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Martin Marietta's main balance sheet or income statement drivers, such as Depreciation And Amortization of 532.7 M, Interest Expense of 173.6 M or Total Revenue of 7.1 B, as well as many indicators such as Price To Sales Ratio of 4.78, Dividend Yield of 0.0054 or PTB Ratio of 2.31. Martin financial statements analysis is a perfect complement when working with Martin Marietta Valuation or Volatility modules.
  
Check out the analysis of Martin Marietta Correlation against competitors.

Latest Martin Marietta's Income Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Martin Marietta Materials over the last few years. It is Martin Marietta's Income Tax Expense historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Martin Marietta's overall financial position and show how it may be relating to other accounts over time.
Income Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Martin Income Tax Expense Regression Statistics

Arithmetic Mean121,250,867
Coefficient Of Variation89.86
Mean Deviation83,820,142
Median124,900,000
Standard Deviation108,960,865
Sample Variance11872.5T
Range401.6M
R-Value0.77
Mean Square Error5221.1T
R-Squared0.59
Significance0.0008
Slope18,740,693
Total Sum of Squares166214.6T

Martin Income Tax Expense History

2024307.1 M
2023292.5 M
2022234.8 M
2021153.2 M
2020168.2 M
2019136.3 M
2018105.7 M

About Martin Marietta Financial Statements

Martin Marietta investors utilize fundamental indicators, such as Income Tax Expense, to predict how Martin Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Income Tax Expense292.5 M307.1 M

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When determining whether Martin Marietta Materials is a strong investment it is important to analyze Martin Marietta's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Martin Marietta's future performance. For an informed investment choice regarding Martin Stock, refer to the following important reports:
Check out the analysis of Martin Marietta Correlation against competitors.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Construction Materials space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Martin Marietta. If investors know Martin will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Martin Marietta listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.12)
Dividend Share
3.01
Earnings Share
32.22
Revenue Per Share
105.734
Quarterly Revenue Growth
(0.05)
The market value of Martin Marietta Materials is measured differently than its book value, which is the value of Martin that is recorded on the company's balance sheet. Investors also form their own opinion of Martin Marietta's value that differs from its market value or its book value, called intrinsic value, which is Martin Marietta's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Martin Marietta's market value can be influenced by many factors that don't directly affect Martin Marietta's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Martin Marietta's value and its price as these two are different measures arrived at by different means. Investors typically determine if Martin Marietta is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Martin Marietta's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.