MLM Martin Marietta Materials Dashboard

Risks

• Our business is cyclical and depends on activity within the construction industry
• Our Building Materials Business is seasonal and subject to the weather, which can significantly impact operations
• Our businesses could be adversely affected by the ongoing COVID-19 pandemic, or any other outbreak of disease, epidemic or pandemic, or similar public health threat, or fear of such an event and its related economic and societal response
• Our Building Materials Business depends on the availability of quality aggregates reserves or deposits and our ability to mine them economically
• Our businesses face many competitors
• Our future growth may depend in part on acquiring other businesses in our industry, and we may acquire businesses by paying all or in part with shares of our common stock
• Our integration of the acquisition or business combination with other businesses may not be as successful as projected
• Our acquisitions could harm our results of operations
• Our cement and Magnesia Specialties businesses may become capacity-constrained
• Our cement business could suffer if cement imports from other countries significantly increase or are sold in the U.S. in violation of U.S. fair trade laws
• Climate change and related legislation or regulations may adversely impact our business, including potential physical and financial impacts
• Our business is dependent on funding from a combination of federal, state and local sources
• Our businesses could be impacted by rising interest rates
• Increases in our effective income tax rate may harm our results of operations
• Labor disputes could disrupt operations of our businesses
• We depend on the recruitment and retention of qualified personnel, and our failure to attract and retain such personnel could adversely affect our business.
• Our business is a capital-intensive business
• Our earnings are affected by the application of accounting standards and our critical accounting policies, which involve subjective judgments and estimates by our management. Our estimates and assumptions could be wrong
• The adoption of new accounting standards may affect our financial results
• Disruptions in the credit markets could affect our business
• Our Magnesia Specialties business faces currency risks from its overseas activities
• Unexpected equipment failures, catastrophic events and scheduled maintenance may lead to production curtailments or shutdowns
• Our paving operations present additional risks to our business
• Our ready mixed concrete and asphalt and paving product lines have lower profit margins and operating results can be more volatile
• Short supplies and high costs of fuel, energy and raw materials affect our businesses
• Cement is sensitive to supply and price volatility
• Our Magnesia Specialties business depends in part on the steel industry and the supply of reasonably priced fuels
• We are dependent on information technology and our systems and infrastructure face certain risks, including cybersecurity risks and data leakage risks
• Delays or interruptions in shipping products of our businesses could affect our operations
• Our articles of incorporation and bylaws and North Carolina law may inhibit a change in control that you may favor