Martin Marietta Materials Gross Margin 2010-2024 | MLM
- Martin Marietta Materials average gross margin for 2023 was 27.42%, a 18.44% increase from 2022.
- Martin Marietta Materials average gross margin for 2022 was 23.15%, a 11.4% increase from 2021.
- Martin Marietta Materials average gross margin for 2021 was 26.13%, a 2.39% decline from 2020.
Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.