Martin Marietta Materials, Inc. (MLM) Tax Rate: 19.41%
Is Martin Marietta Materials, Inc.’s tax rate high or low?
Martin Marietta Materials, Inc.'s tax rate of 19.41% is in line with its 5-year average of 20.08%, near the low end of its 5-year range (17.91%–23.11%).
8.70% below its 12-month average of 21.26%.
MLM Tax Rate Chart
MLM Average Tax Rate Chart
MLM Current vs Average Tax Rate Chart
MLM Tax Rate Metrics
TAX RATE
19.41%
TAX RATE AVG TTM
21.26%
TAX RATE AVG 3Y
20.92%
TAX RATE AVG 5Y
20.08%
TAX RATE AVG 10Y
18.35%
TAX RATE AVG 15Y
21.82%
TAX RATE AVG 20Y
24.24%
CURRENT VS TTM AVG
-8.70%
CURRENT VS 3Y AVG
-7.22%
CURRENT VS 5Y AVG
-3.35%
CURRENT VS 10Y AVG
+5.77%
CURRENT VS 15Y AVG
-11.03%
CURRENT VS 20Y AVG
-19.92%
Martin Marietta Materials, Inc. Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Martin Marietta Materials, Inc. Tax Rate FAQ
- What is the tax rate for Martin Marietta Materials, Inc. (MLM)?
- The tax rate for MLM stock is 19.41%.
- Is Martin Marietta Materials, Inc.'s tax rate high or low?
- Martin Marietta Materials, Inc.'s tax rate of 19.41% is in line with its 5-year average of 20.08%, near the low end of its 5-year range (17.91%–23.11%).
- What is the TTM average tax rate for Martin Marietta Materials, Inc. (MLM)?
- The TTM average tax rate for MLM stock is 21.26%.
- What is the 3Y average tax rate for Martin Marietta Materials, Inc. (MLM)?
- The 3Y average tax rate for MLM stock is 20.92%.
- What is the 5Y average tax rate for Martin Marietta Materials, Inc. (MLM)?
- The 5Y average tax rate for MLM stock is 20.08%.
- What is the 10Y average tax rate for Martin Marietta Materials, Inc. (MLM)?
- The 10Y average tax rate for MLM stock is 18.35%.
- What is the 15Y average tax rate for Martin Marietta Materials, Inc. (MLM)?
- The 15Y average tax rate for MLM stock is 21.82%.
- What is the 20Y average tax rate for Martin Marietta Materials, Inc. (MLM)?
- The 20Y average tax rate for MLM stock is 24.24%.
Martin Marietta Materials, Inc. Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 19.41% |
| 2024-12-31 | 23.11% |
| 2023-12-31 | 19.62% |
| 2022-12-31 | 21.54% |
| 2021-12-31 | 17.91% |
| 2020-12-31 | 18.91% |
| 2019-12-31 | 18.21% |
| 2018-12-31 | 18.35% |
| 2017-12-31 | -15.27% |
| 2016-12-31 | 29.91% |
| 2015-12-31 | 30.17% |
| 2014-12-31 | 38.06% |
| 2013-12-31 | 26.82% |
| 2012-12-31 | 16.74% |
| 2011-12-31 | 20.88% |
| 2010-12-31 | 23.84% |
| 2009-12-31 | 23.75% |
| 2008-12-31 | 29.17% |
| 2007-12-31 | 30.63% |
| 2006-12-31 | 30.49% |
| 2005-12-31 | 27.22% |
| 2004-12-31 | 30.72% |
| 2003-12-31 | 30.01% |
| 2002-12-31 | 26.15% |
| 2001-12-31 | 33.79% |
| 2000-12-31 | 33.64% |
| 1999-12-31 | 35.27% |
| 1998-12-31 | 33.61% |
| 1997-12-31 | 34.85% |
| 1996-12-31 | 33.89% |
Related Metrics
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