Page 8 - Martin Marietta - 2025 Proxy Statement
P. 8
PROXY /
Measuring our Performance
World-Class Safety
We are committed to our Guardian Angel safety culture where Zero is Possible, and achieved a world-class
lost-time incident rate (LTIR) for the eighth-consecutive year (0.129 in 2024). With a company-wide Total
Injury Incident Rate (TIIR) of 0.650, we exceeded the world-class rate of 0.90 for the fourth-consecutive
year.
Lost-Time Incident Rate (LTIR) Total Injury Incident Rate (TIIR)
0.39 1.34 1.26
0.24 0.17 0.84 0.78 0.78 0.65
0.15 0.13 0.129 World-Class World-Class
Safety Level Safety Level
(0.20) (0.90)
2010 2015 2021 2022 2023 2024 2010 2015 2021 2022 2023 2024
PROXY HIGHLIGHTS Solid Financial Performance
We achieved solid financial performance in 2024
NET EARNINGS FROM
CONTINUING OPERATIONS
*
TOTAL REVENUES
ATTRIBUTABLE TO MARTIN NET MARGIN*
MARIETTA*
$6.5B |-4% $2.0B|+66% 31% | +1,280 bps
CONSOLIDATED CONSOLIDATED AGGREGATES GROSS
ADJUSTED EBITDA PROFIT PER TON
ADJUSTED EBITDA** MARGIN** IMPROVEMENT
$2.1B |-3% 32% | +20 bps +9%
* Net Earnings from Continuing Operations Attributable to Martin Marietta and Net Margin includes the impact of a $976 million after-tax
nonrecurring gain on the divestiture of the Company’s South Texas cement plant and related ready mixed concrete operations in 2024. Net Margin is
defined as the ratio between Net Earnings from Continuing Operations Attributable to Martin Marietta and Total Revenues.
** Consolidated Adjusted EBITDA, Consolidated Adjusted EBITDA Margin and Net Leverage are non-GAAP measures. Please see Appendix B for a
reconciliation of non-GAAP measures to GAAP measures.
2 2025 PROXY STATEMENT