Martin Marietta Materials, Inc. (MLM) Income Tax Expense
The tax expense for Martin Marietta Materials, Inc. (MLM) is $250.00 Million with a year-over-year change of -58.33%. Income tax expense is the amount a company pays in federal, state, and foreign income taxes based on its taxable income for the period.
MLM Tax Expense Chart
Current Tax Expense
$250.00M
$250.00 Million
Year-over-Year Change
-58.33%
vs. $600.00M prior year
Historical Data
30
Years of data available
Annual Tax Expense History
| Year | Tax Expense | YoY Change | % Change |
|---|---|---|---|
| 2025 | $250.00M | $-350.00M | -58.33% |
| 2024 | $600.00M | +$307.00M | +104.78% |
| 2023 | $293.00M | +$58.00M | +24.68% |
| 2022 | $235.00M | +$81.80M | +53.39% |
| 2021 | $153.20M | $-15.00M | -8.92% |
| 2020 | $168.20M | +$31.90M | +23.40% |
| 2019 | $136.30M | +$30.60M | +28.95% |
| 2018 | $105.70M | +$200.20M | +211.85% |
| 2017 | $-94.50M | $-276.08M | -152.04% |
| 2016 | $181.58M | +$56.72M | +45.43% |
| 2015 | $124.86M | +$30.02M | +31.65% |
| 2014 | $94.85M | +$50.80M | +115.34% |
| 2013 | $44.05M | +$26.61M | +152.68% |
| 2012 | $17.43M | $-3.57M | -17.01% |
| 2011 | $21.00M | $-9.91M | -32.06% |
| 2010 | $30.91M | +$3.54M | +12.92% |
| 2009 | $27.38M | $-44.71M | -62.03% |
| 2008 | $72.09M | $-43.21M | -37.48% |
| 2007 | $115.30M | +$7.67M | +7.12% |
| 2006 | $107.63M | +$33.41M | +45.01% |
| 2005 | $74.22M | +$16.49M | +28.55% |
| 2004 | $57.74M | +$10.84M | +23.10% |
| 2003 | $46.90M | +$14.74M | +45.84% |
| 2002 | $32.16M | $-19.39M | -37.61% |
| 2001 | $51.55M | $-5.25M | -9.24% |
| 2000 | $56.79M | $-11.74M | -17.13% |
| 1999 | $68.53M | +$10.00M | +17.09% |
| 1998 | $58.53M | +$5.83M | +11.06% |
| 1997 | $52.70M | +$12.40M | +30.77% |
| 1996 | $40.30M | — | — |
About Martin Marietta Materials, Inc.
Martin Marietta Materials, Inc. functions as a company specializing in natural resource-derived building materials. This enterprise delivers a wide range of aggregates and other heavy construction components to the building industry, serving both domestic and international markets. Its product portfolio includes foundational raw materials like crushed stone, sand, and gravel, in addition to manufactured items such as ready-mix concrete, asphalt, and comprehensive paving solutions. These offerings are essential for infrastructure projects, commercial and residential developments, and various other sectors including railroads, agriculture, utilities, and environmental applications. Beyond its core construction offerings, Martin Marietta also produces magnesia-based chemicals, which are utilized in industrial, agricultural, and environmental contexts. The company further supplies dolomitic lime, primarily for steel manufacturing and soil stabilization. Its broader chemical products contribute to areas such as flame retardants, wastewater treatment, and pulp and paper production, among other environmental uses. Established in 1939, the firm's main office is situated in Raleigh, North Carolina.
- Sector
- Basic Materials
- Industry
- Construction Materials
- CEO
- C. Howard Nye