Martin Marietta Materials Cash Flow Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Net Income	1,152	1,995	1,169	867	702.5	721
Depreciation & Amortization	629	573	513	506	451.7	393.5
Loss (Gain) From Sale of Assets	-42	-1,359	-2	-196	-21.7	-73
Asset Writedown & Restructuring Costs	-	50	-	-	-	-
Stock-Based Compensation	52	58	50	43	43	30
Other Operating Activities	86	-69	-51	-13	77.6	46
Change in Accounts Receivable	-75	81	31	-12	-194.4	6.1
Change in Inventory	6	-52	-189	-132	73.2	-19.3
Change in Accounts Payable	26	17	-17	-31	109.8	-34
Change in Other Net Operating Assets	8	165	24	-41	-104	-20.2
Operating Cash Flow	1,842	1,459	1,528	991	1,138	1,050
Operating Cash Flow Growth	38.70%	-4.52%	54.19%	-12.89%	8.34%	8.70%
Capital Expenditures	-835	-855	-650	-482	-423.1	-359.7
Cash Acquisitions	-1,681	-3,642	-	11	-3,109	-65.1
Divestitures	61	2,160	427	687	42.8	142.3
Investment in Securities	-171	-117	-27	-	-	-
Other Investing Activities	33	10	709	-700	14.9	-127.2
Investing Cash Flow	-2,593	-2,444	459	-484	-3,475	-409.7
Long-Term Debt Issued	-	2,758	-	-	2,897	628.1
Total Debt Issued	2,778	2,758	-	-	2,897	628.1
Long-Term Debt Repaid	-	-1,710	-717	-69	-431.2	-780.6
Total Debt Repaid	-1,323	-1,710	-717	-69	-431.2	-780.6
Net Debt Issued (Repaid)	1,455	1,048	-717	-69	2,466	-152.5
Issuance of Common Stock	-	-	-	-	1.3	2.3
Repurchase of Common Stock	-483	-482	-172	-179	-19.5	-64.5
Common Dividends Paid	-195	-189	-174	-160	-147.8	-140.3
Other Financing Activities	-8	-4	-1	1	-8.1	-2
Financing Cash Flow	769	373	-1,064	-407	2,291	-357
Net Cash Flow	18	-612	923	100	-45.5	283.4
Free Cash Flow	1,007	604	878	509	714.6	690.4
Free Cash Flow Growth	93.65%	-31.21%	72.50%	-28.77%	3.50%	20.57%
Free Cash Flow Margin	14.59%	9.24%	12.96%	8.26%	13.20%	15.58%
Free Cash Flow Per Share	16.55	9.80	14.14	8.14	11.41	11.06
Cash Interest Paid	189	158	159	165	104.9	113.8
Cash Income Tax Paid	159	382	292	201	102.9	114.9
Levered Free Cash Flow	-444.75	1,492	702.8	-119.75	559.15	526.96
Unlevered Free Cash Flow	-305.38	1,598	805.93	-14.13	648.34	600.78
Change in Working Capital	-35	211	-151	-216	-115.4	-67.4

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