For the year ending 2025-12-31, MLM had -$603,000K decrease in cash & cash equivalents over the period. $978,000K in free cash flow.
| Cash Flow | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Consolidated net earnings | 1,137,000 | 1,996,000 | 1,169,400 | 866,800 |
| Depreciation, depletion and amortization | 637,000 | 573,000 | 513,200 | 506,000 |
| Stock-based compensation expense | 46,000 | 58,000 | 50,000 | 42,700 |
| Net gains on divestitures, sales of assets and extinguishment of debt | - | 1,369,000 | 1,900 | 195,700 |
| Net gains on divestitures and sales of assets | 25,000 | - | - | - |
| Deferred income taxes, net | 69,000 | -45,000 | -36,100 | -600 |
| Noncash portion of asset and portfolio rationalization charge | - | 50,000 | - | - |
| Asset and portfolio rationalization charges | 21,000 | - | - | - |
| Other items, net | 8,000 | 15,000 | 16,500 | 11,700 |
| Accounts receivable, net | 51,000 | -81,000 | -31,400 | 12,100 |
| Inventories, net | 30,000 | 52,000 | 188,700 | 131,700 |
| Accounts payable | 21,000 | 17,000 | -17,000 | -31,200 |
| Other assets and liabilities, net | 32,000 | -165,000 | -24,600 | 41,300 |
| Net cash provided by operating activities | 1,785,000 | 1,459,000 | 1,528,400 | 991,200 |
| Additions to property, plant and equipment | 807,000 | 855,000 | 650,300 | 481,800 |
| Acquisitions, net of cash acquired | 685,000 | 3,642,000 | 0 | -11,000 |
| Proceeds from divestitures and sales of assets | 38,000 | 2,160,000 | 426,500 | 687,100 |
| Proceeds from sale of restricted investments to discharge long term debt | 0 | 0 | 700,000 | - |
| Purchase of restricted investments to discharge long-term debt | - | 0 | 0 | 704,600 |
| Repayment of note receivable from affiliate | - | - | 6,000 | - |
| Investments in life insurance contracts, net | - | - | -7,400 | -7,500 |
| Investments in limited liability companies | 128,000 | 117,000 | 27,000 | - |
| Other investing activities, net | 6,000 | -10,000 | 3,900 | 3,000 |
| Net cash (used for) provided by investing activities | -1,588,000 | -2,444,000 | 458,700 | -483,800 |
| Borrowings of long-term debt | - | 2,758,000 | 0 | 0 |
| Proceeds from borrowings | 640,000 | - | - | - |
| Repayments of debt | 735,000 | 1,690,000 | 700,000 | 54,500 |
| Debt issuance and extinguishment costs | - | - | 700 | 700 |
| Payments on finance lease obligations | 23,000 | 20,000 | 17,600 | 15,000 |
| Dividends paid | 197,000 | 189,000 | 174,000 | 159,100 |
| Repurchases of common stock | 450,000 | 450,000 | 150,000 | 150,000 |
| Contributions by noncontrolling interest to joint venture | - | - | 100 | - |
| Distributions to owners of noncontrolling interest | - | - | 500 | 0 |
| Proceeds from exercise of stock options | - | - | 1,200 | 600 |
| Shares withheld for employees income tax obligations | 31,000 | 32,000 | 22,100 | 28,800 |
| Other financing activities, net | -4,000 | -4,000 | - | - |
| Net cash (used for) provided by financing activities | -800,000 | 373,000 | -1,063,600 | -407,500 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -603,000 | -612,000 | 923,500 | 99,900 |
| Cash, cash equivalents and restricted cash, beginning of year | 670,000 | 1,282,000 | 358,800 | 258,900 |
| Cash, cash equivalents and restricted cash, end of year | 67,000 | 670,000 | 1,282,300 | 358,800 |
MARTIN MARIETTA MATERIALS INC (MLM)
MARTIN MARIETTA MATERIALS INC (MLM)