Edwyn
Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
---|---|---|---|---|---|
Assets | $10,581 | $14,393 | $14,994 | $15,125 | $18,170 |
Liabilities | $4,688 | $7,855 | $7,821 | $7,089 | $8,714 |
Equity | $5,891 | $6,535 | $7,171 | $8,033 | $9,453 |
Over the past five years, MARTIN MARIETTA MATERIALS, INC. has shown significant growth in its financial position. Total assets have steadily increased from 10,580.8 million USD in 2020 to 18,170 million USD in 2024, reflecting a strong upward trend. This growth in assets indicates the company's expanding operations and investments in its business. Simultaneously, total liabilities have also increased, although at a slower pace compared to assets. Liabilities rose from 4,687.5 million USD in 2020 to 8,714 million USD in 2024. Despite this increase, the company has managed to maintain a healthy equity position, with stockholders' equity growing consistently from 5,890.7 million USD in 2020 to 9,453 million USD in 2024. This suggests that MARTIN MARIETTA MATERIALS, INC. has been effectively managing its debt levels while generating strong returns for its shareholders. The noteworthy fluctuations in equity, outpacing the growth in liabilities, indicate that the company has been successful in creating value for its shareholders. In the context of the industry, this could signal MARTIN MARIETTA MATERIALS, INC.'s competitive advantage and efficient capital allocation strategies, positioning it well for continued growth and success in the future.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.