Martin Marietta Materials Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	1,137	1,995	1,169	867	702.5
Depreciation & Amortization	637	573	513	506	451.7
Loss (Gain) From Sale of Assets	-25	-1,359	-2	-196	-21.7
Asset Writedown & Restructuring Costs	-	50	-	-	-
Stock-Based Compensation	46	58	50	43	43
Other Operating Activities	82	-69	-51	-13	77.6
Change in Accounts Receivable	-51	81	31	-12	-194.4
Change in Inventory	-30	-52	-189	-132	73.2
Change in Accounts Payable	21	17	-17	-31	109.8
Change in Other Net Operating Assets	-32	165	24	-41	-104
Operating Cash Flow	1,785	1,459	1,528	991	1,138
Operating Cash Flow Growth	22.34%	-4.52%	54.19%	-12.89%	8.34%
Capital Expenditures	-807	-855	-650	-482	-423.1
Cash Acquisitions	-685	-3,642	-	11	-3,109
Divestitures	38	2,160	427	687	42.8
Investment in Securities	-128	-117	-27	-	-
Other Investing Activities	-6	10	709	-700	14.9
Investing Cash Flow	-1,588	-2,444	459	-484	-3,475
Long-Term Debt Issued	640	2,758	-	-	2,897
Total Debt Issued	640	2,758	-	-	2,897
Long-Term Debt Repaid	-758	-1,710	-717	-69	-431.2
Total Debt Repaid	-758	-1,710	-717	-69	-431.2
Net Debt Issued (Repaid)	-118	1,048	-717	-69	2,466
Issuance of Common Stock	-	-	-	-	1.3
Repurchase of Common Stock	-481	-482	-172	-179	-19.5
Common Dividends Paid	-197	-189	-174	-160	-147.8
Other Financing Activities	-4	-4	-1	1	-8.1
Financing Cash Flow	-800	373	-1,064	-407	2,291
Net Cash Flow	-603	-612	923	100	-45.5
Free Cash Flow	978	604	878	509	714.6
Free Cash Flow Growth	61.92%	-31.21%	72.50%	-28.77%	3.50%
Free Cash Flow Margin	15.90%	9.24%	12.96%	8.26%	13.20%
Free Cash Flow Per Share	16.14	9.80	14.14	8.14	11.41
Cash Interest Paid	-	158	159	165	104.9
Cash Income Tax Paid	-	382	292	201	102.9
Levered Free Cash Flow	-565.25	1,492	702.8	-119.75	559.15
Unlevered Free Cash Flow	-421.5	1,598	805.93	-14.13	648.34
Change in Working Capital	-92	211	-151	-216	-115.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.