Investor Presentation - January 2019
DEFINITIONS AND RECONCILIATIONS
OF NON-GAAP FINANCIAL MEASURES
Martin
Marietta
Earnings before interest, income taxes, depreciation, depletion and amortization (EBITDA) is a widely accepted financial indicator of a
company's ability to service and/or incur indebtedness. EBITDA is not defined by generally accepted accounting principles and, as such, should
not be construed as an alternative to net earnings or operating cash flow.
YEAR ENDED DECEMBER 31
($ in millions)
2010
2017
NET EARNINGS ATTRIBUTABLE TO MARTIN MARIETTA
Add back:
$
97
$
713
Interest expense
Income tax expense (benefit) for controlling interests
Depreciation, depletion and amortization expense
EBITDA
69
91
29
(94)
180
294
$
375
$
1,004
Investor Presentation - January 2019
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