Asphalt And Paving — Gross Profit
Martin Marietta Materials Asphalt And Paving — Gross Profit remained flat by 0.0% to $25.25M in Q4 2024 compared to the prior quarter. Year-over-year, this metric declined by 6.1%, from $26.90M to $25.25M. Over 3 years (FY 2021 to FY 2024), Asphalt And Paving — Gross Profit shows an upward trend with a 8.4% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests improved operational efficiency or favorable pricing relative to input costs, whereas a decrease may indicate rising raw material costs or margin compression.
Detailed definition
This metric measures the profitability of the asphalt and paving segment after deducting the direct costs of goods sold,...
Peer comparison
Comparable to gross profit metrics for downstream construction or paving divisions at peer infrastructure materials firms.
mlm_segment_asphalt_and_paving_gross_profitHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $28.70M | $38.90M | $19.80M | -$13.30M | -$26.40M | $50.50M | $71.10M | -$20.50M | $36.50M | $66.10M | $26.90M | $25.25M | $25.25M | $25.25M | $25.25M |
| QoQ Change | — | +35.5% | -49.1% | -167.2% | -98.5% | +291.3% | +40.8% | -128.8% | +278.0% | +81.1% | -59.3% | -6.1% | +0.0% | +0.0% | +0.0% |
| YoY Change | — | — | — | — | -192.0% | +29.8% | +259.1% | -54.1% | +238.3% | +30.9% | -62.2% | +223.2% | -30.8% | -61.8% | -6.1% |
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Frequently Asked Questions
- What is Martin Marietta Materials's asphalt and paving — gross profit?
- Martin Marietta Materials (MLM) reported asphalt and paving — gross profit of $25.25M in Q4 2024.
- How has Martin Marietta Materials's asphalt and paving — gross profit changed year-over-year?
- Martin Marietta Materials's asphalt and paving — gross profit decreased by 6.1% year-over-year, from $26.90M to $25.25M.
- What is the long-term trend for Martin Marietta Materials's asphalt and paving — gross profit?
- Over 3 years (2021 to 2024), Martin Marietta Materials's asphalt and paving — gross profit has grown at a 8.4% compound annual growth rate (CAGR), from $79.20M to $101.00M.
- What does asphalt and paving — gross profit mean?
- The profit remaining from asphalt and paving sales after subtracting the direct costs to produce and deliver those services.