Martin Selling General Administrative vs Income Before Tax Analysis

MLM Stock  USD 590.94  5.68  0.97%   
Martin Marietta financial indicator trend analysis is infinitely more than just investigating Martin Marietta Materials recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Martin Marietta Materials is a good investment. Please check the relationship between Martin Marietta Selling General Administrative and its Income Before Tax accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.

Selling General Administrative vs Income Before Tax

Selling General Administrative vs Income Before Tax Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Martin Marietta Materials Selling General Administrative account and Income Before Tax. At this time, the significance of the direction appears to have almost identical trend.
The correlation between Martin Marietta's Selling General Administrative and Income Before Tax is 0.97. Overlapping area represents the amount of variation of Selling General Administrative that can explain the historical movement of Income Before Tax in the same time period over historical financial statements of Martin Marietta Materials, assuming nothing else is changed. The correlation between historical values of Martin Marietta's Selling General Administrative and Income Before Tax is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Selling General Administrative of Martin Marietta Materials are associated (or correlated) with its Income Before Tax. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Before Tax has no effect on the direction of Selling General Administrative i.e., Martin Marietta's Selling General Administrative and Income Before Tax go up and down completely randomly.

Correlation Coefficient

0.97
Relationship DirectionPositive 
Relationship StrengthVery Strong

Selling General Administrative

Income Before Tax

Income Before Tax which can also be referred as pre-tax income is reported on Martin Marietta income statement and is an important metric when analyzing Martin Marietta Materials profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability.
Most indicators from Martin Marietta's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Martin Marietta Materials current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
At this time, Martin Marietta's Selling General Administrative is very stable compared to the past year. As of the 22nd of November 2024, Discontinued Operations is likely to grow to about 12.7 M, while Enterprise Value Over EBITDA is likely to drop 9.54.
 2021 2022 2023 2024 (projected)
Gross Profit1.3B1.4B2.0B2.1B
Total Revenue5.4B6.2B6.8B7.1B

Martin Marietta fundamental ratios Correlations

0.970.450.930.990.980.940.920.980.580.990.760.581.00.690.980.980.670.830.990.890.730.180.980.930.64
0.970.410.910.930.940.960.930.970.610.960.830.610.970.580.990.940.650.720.990.890.750.150.940.90.51
0.450.410.250.440.520.460.230.420.040.520.330.040.480.620.510.370.00.570.470.17-0.060.390.490.270.48
0.930.910.250.920.890.870.850.920.580.90.640.580.920.660.880.920.780.770.920.870.920.190.920.860.59
0.990.930.440.920.960.880.890.960.610.970.670.610.980.740.940.980.690.880.950.890.710.20.980.940.71
0.980.940.520.890.960.950.880.950.450.990.740.450.980.70.960.960.570.830.970.80.690.240.960.90.61
0.940.960.460.870.880.950.870.960.370.960.870.370.950.580.970.890.570.690.970.740.70.150.920.830.47
0.920.930.230.850.890.880.870.910.630.880.80.630.890.380.90.940.750.580.910.920.7-0.030.840.960.37
0.980.970.420.920.960.950.960.910.520.980.810.520.980.640.980.940.70.790.990.850.730.150.970.890.6
0.580.610.040.580.610.450.370.630.520.470.291.00.540.30.530.630.570.430.550.860.520.10.520.660.39
0.990.960.520.90.970.990.960.880.980.470.770.471.00.730.980.950.60.850.980.810.690.20.990.890.65
0.760.830.330.640.670.740.870.80.810.290.770.290.760.210.840.670.490.370.820.620.48-0.120.70.690.18
0.580.610.040.580.610.450.370.630.521.00.470.290.540.30.530.630.570.430.550.860.520.10.520.660.39
1.00.970.480.920.980.980.950.890.980.541.00.760.540.720.980.970.630.850.990.850.720.190.990.90.65
0.690.580.620.660.740.70.580.380.640.30.730.210.30.720.640.650.310.940.650.470.460.360.790.510.88
0.980.990.510.880.940.960.970.90.980.530.980.840.530.980.640.940.60.771.00.840.670.150.960.880.55
0.980.940.370.920.980.960.890.940.940.630.950.670.630.970.650.940.690.80.950.910.760.190.940.960.6
0.670.650.00.780.690.570.570.750.70.570.60.490.570.630.310.60.690.440.640.780.68-0.180.640.750.38
0.830.720.570.770.880.830.690.580.790.430.850.370.430.850.940.770.80.440.780.650.560.410.90.690.9
0.990.990.470.920.950.970.970.910.990.550.980.820.550.990.651.00.950.640.780.860.730.160.970.890.57
0.890.890.170.870.890.80.740.920.850.860.810.620.860.850.470.840.910.780.650.860.760.090.830.920.52
0.730.75-0.060.920.710.690.70.70.730.520.690.480.520.720.460.670.760.680.560.730.760.230.710.690.41
0.180.150.390.190.20.240.15-0.030.150.10.2-0.120.10.190.360.150.19-0.180.410.160.090.230.220.070.41
0.980.940.490.920.980.960.920.840.970.520.990.70.520.990.790.960.940.640.90.970.830.710.220.870.73
0.930.90.270.860.940.90.830.960.890.660.890.690.660.90.510.880.960.750.690.890.920.690.070.870.53
0.640.510.480.590.710.610.470.370.60.390.650.180.390.650.880.550.60.380.90.570.520.410.410.730.53
Click cells to compare fundamentals

Martin Marietta Account Relationship Matchups

Martin Marietta fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets10.1B10.6B14.4B15.0B15.1B15.9B
Short Long Term Debt Total2.8B2.7B5.2B5.0B4.9B5.2B
Other Current Liab498.5M499.3M752.6M236.2M300.6M206.4M
Total Current Liabilities838.5M499.3M752.6M1.4B1.2B1.2B
Total Stockholder Equity5.4B5.9B6.5B7.2B8.0B8.4B
Property Plant And Equipment Net5.7B5.7B6.8B6.7B6.6B6.9B
Net Debt2.8B2.4B4.8B4.7B3.6B3.8B
Retained Earnings2.1B2.6B3.2B3.7B4.6B4.8B
Accounts Payable229.6M207.8M356.2M385M343.3M360.5M
Cash21.0M207.3M258.4M358M1.3B1.3B
Non Current Assets Total8.7B8.9B12.4B12.1B11.2B11.8B
Non Currrent Assets Other133.4M295.2M1.0B827M561.3M589.4M
Cash And Short Term Investments21.0M207.3M258.4M358M1.3B1.3B
Net Receivables573.7M575.1M774M785.9M753.3M791.0M
Common Stock Shares Outstanding62.7M62.4M62.6M62.5M62.1M56.9M
Liabilities And Stockholders Equity10.1B10.6B14.4B15.0B15.1B15.9B
Non Current Liabilities Total3.9B4.2B7.1B6.4B5.9B6.2B
Inventory690.8M709M752.6M873.7M988.6M1.0B
Other Current Assets141.2M79.8M137.9M859.3M905.2M950.5M
Other Stockholder Equity3.4B3.4B3.5B3.5B3.5B3.7B
Total Liab4.8B4.7B7.9B7.8B7.1B7.4B
Total Current Assets1.4B1.7B2.0B2.9B3.9B4.1B
Short Term Debt340.0M48.6M53.9M769M473M496.7M
Intangible Assets2.9B508M1.1B847.8M697.7M827.9M
Good Will2.4B2.4B3.5B3.6B3.4B3.6B
Property Plant And Equipment Gross5.7B5.7B6.8B6.7B11.1B11.6B
Accumulated Other Comprehensive Income(145.8M)(158.4M)(97.6M)(38.5M)(49.2M)(51.7M)
Other Liab1.1B1.6B2.0B1.5B1.7B1.8B
Other Assets133.4M748M1.3B919.2M1.1B1.1B
Long Term Debt2.4B2.6B5.1B4.3B3.9B4.1B
Property Plant Equipment5.2B5.2B6.8B6.7B7.7B8.1B
Current Deferred Revenue(229.6M)(256.4M)(410.1M)(343.3M)(309.0M)(293.5M)
Net Tangible Assets2.5B3.0B2.0B2.7B3.1B1.9B
Noncontrolling Interest In Consolidated Entity3.0M2.5M2.6M2.3M2.1M2.0M
Retained Earnings Total Equity2.1B2.6B3.2B3.7B4.3B4.5B
Long Term Debt Total2.4B2.6B5.1B4.3B5.0B5.2B

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.

Try AI Portfolio Architect
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 Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Martin Marietta Materials. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
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.