Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Martin Marietta Materials's share price for the quarter that ended in Dec. 2023 was $498.91. Martin Marietta Materials's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 62 Mil. Therefore, Martin Marietta Materials's market cap for the quarter that ended in Dec. 2023 was $30,843 Mil.
Martin Marietta Materials's quarterly market cap
declined
from Jun. 2023 ($28,532 Mil) to Sep. 2023 ($25,371 Mil) but then
increased
from Sep. 2023 ($25,371 Mil) to Dec. 2023 ($30,843 Mil).
Martin Marietta Materials's annual market cap
declined
from Dec. 2021 ($27,488 Mil) to Dec. 2022 ($20,988 Mil) but then
increased
from Dec. 2022 ($20,988 Mil) to Dec. 2023 ($30,843 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Martin Marietta Materials's Enterprise Value for Today is $39,980 Mil.
Martin Marietta Materials Market Cap Historical Data
The historical data trend for Martin Marietta Materials's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of Martin Marietta Materials's Market Cap
For the Building Materials subindustry, Martin Marietta Materials's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Martin Marietta Materials's Market Cap Distribution in the Building Materials Industry
For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Market Cap distribution charts can be found below:
* The bar in red indicates where Martin Marietta Materials's Market Cap falls into.
Martin Marietta Materials Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Martin Marietta Materials's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Martin Marietta Materials (NYSE:MLM) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Martin Marietta Materials Market Cap Related Terms
Thank you for viewing the detailed overview of Martin Marietta Materials's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Martin Marietta Materials (Martin Marietta Materials) Business Description
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2022, Martin Marietta sold 207 million tons of aggregates. Martin Marietta's most important markets include Texas, Colorado, North Carolina, Georgia, and Florida, accounting for most of its sales. The company also produces cement in Texas and uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
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