• Martin Marietta Materials average return on tangible equity for 2024 was 48.54, a 32.55% decline from 2023.
• Martin Marietta Materials average return on tangible equity for 2023 was 36.62, a 7.01% increase from 2022.
• Martin Marietta Materials average return on tangible equity for 2022 was 34.22, a 31.62% increase from 2021.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.