Jun 2026 (Q2 FY26) — Jul 30, 2026
Martin Marietta Materials, Inc. Q2 FY26 — Record Revenues and Strategic Portfolio Expansion
Read the full callMartin Marietta Materials (MLM) earnings
- Jun 2026
- Jun 2026 (Q2 FY26)
- Dec 2025
Martin Marietta Materials earnings: last reported Thu, 30 Jul 2026, for the quarter ended Jun 2026.
Reported
The figures, each with its period
Each figure keeps its basis and period; nothing is filled in.
| Metric | Value | Change | Basis | Period | Note |
|---|---|---|---|---|---|
| Revenue | 1,947 | +21.0% YoY | Quarterly, as filed | Quarter to Jun 2026 | Revenue from operations as filed. |
| Operating margin | 19.1 | −6.6 pts YoY | Operating profit / revenue | Quarter to Jun 2026 | For the quarter; a change is in percentage points. |
| Net profit | 251 | −23.5% YoY | Quarterly, as filed | Quarter to Jun 2026 | Profit after tax as filed. |
Guidance
What management said, and what became of it
8 of 12 judged targets kept · 20 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| New Frontier Materials acquisition closing | expected to close in the second half of the year | Mar 2026 | in May, we completed the acquisition of New Frontier Materials, or NFM, a complementary bolt-on to our aggregates position along the I-70 corridor in Missouri | Achieved |
| Full-year aggregates pricing growth | mid-single-digit pricing gains | Sep 2025 | Are we seeing pricing going more towards the lower end of the range? Yes, we are. | Revised Down |
| Full-year aggregates cost of goods sold per ton growth | implied COGS per ton guide is 3% | Dec 2025 | we're not changing our guide on COGS because we're pulling certain levers relative to network optimization that we think we can maintain that 3% COGS per ton guide | On Track |
4 of MARTIN MARIETTA MATERIALS INC's 32 targets were missed. See which ones, and which are quietly gone. The 3 above are the free sample; 29 more targets are in the full ledger.
Claimed
- Achieved record second quarter revenues and adjusted EBITDA, driven by strong demand in infrastructure and heavy nonresidential markets.
- Completed the acquisition of New Frontier Materials (NFM) in May, a complementary bolt-on to aggregates position.
- Announced a transformational agreement to combine with Lhoist North America (LNA), expected to broaden the differentiated Specialties platform.
- Identified approximately $350 million of run-rate pretax cash flow improvement opportunities, with over $200 million already unlocked year-to-date from inventory management and capital spending reductions.
- Delivered the best first half safety performance in company history, as measured by total injury and lost time incident rates.
Qualified
- Reported aggregates average selling prices decreased 2%, though organic mix-adjusted prices increased 3.7%.
- Aggregates gross profit was negatively impacted by a $52 million noncash inventory step-up charge and $42 million of higher depreciation, depletion, and amortization expenses.
- Adjusted EBITDA was impacted by a $45 million adjustment related to the noncash inventory step-up charge.
- Continued energy cost headwinds are expected to remain elevated through year-end, impacting cost of goods sold.
- Pricing trending towards the lower end of the organic range, influenced by geographic and product mix.
Price
$501.65 +0.16% · +$0.81
Performance −19.8% 1Y
1Y: $625.4 on 17 Oct 2025 → $501.65. High $708.11 (10 Feb 2026), low $471.1 (14 Oct 2026).
- Previous close
- $500.84
- 52-week range
- $471.1 – $708.11
- One year
- −20.00%
Overview
- Symbol
- MLM
- Sector
- Materials
- Exchange
- US
- Currency
- USD
Guidance
What management said, and what became of it
8 of 12 judged targets kept · 20 open · verdicts reflect calls analysed to Jun 2026.
| Target | Original wording | Said | Latest call | Verdict |
|---|---|---|---|---|
| New Frontier Materials acquisition closing | expected to close in the second half of the year | Mar 2026 | in May, we completed the acquisition of New Frontier Materials, or NFM, a complementary bolt-on to our aggregates position along the I-70 corridor in Missouri | Achieved |
| Full-year aggregates pricing growth | mid-single-digit pricing gains | Sep 2025 | Are we seeing pricing going more towards the lower end of the range? Yes, we are. | Revised Down |
| Full-year aggregates cost of goods sold per ton growth | implied COGS per ton guide is 3% | Dec 2025 | we're not changing our guide on COGS because we're pulling certain levers relative to network optimization that we think we can maintain that 3% COGS per ton guide | On Track |
Claimed
- Achieved record second quarter revenues and adjusted EBITDA, driven by strong demand in infrastructure and heavy nonresidential markets.
- Completed the acquisition of New Frontier Materials (NFM) in May, a complementary bolt-on to aggregates position.
- Announced a transformational agreement to combine with Lhoist North America (LNA), expected to broaden the differentiated Specialties platform.
- Identified approximately $350 million of run-rate pretax cash flow improvement opportunities, with over $200 million already unlocked year-to-date from inventory management and capital spending reductions.
- Delivered the best first half safety performance in company history, as measured by total injury and lost time incident rates.
Qualified
- Reported aggregates average selling prices decreased 2%, though organic mix-adjusted prices increased 3.7%.
- Aggregates gross profit was negatively impacted by a $52 million noncash inventory step-up charge and $42 million of higher depreciation, depletion, and amortization expenses.
- Adjusted EBITDA was impacted by a $45 million adjustment related to the noncash inventory step-up charge.
- Continued energy cost headwinds are expected to remain elevated through year-end, impacting cost of goods sold.
- Pricing trending towards the lower end of the organic range, influenced by geographic and product mix.
The full ledger
Open MARTIN MARIETTA MATERIALS INC’s full ledger
A free account opens 5 company ledgers a month. All 32 tracked commitments, with each call’s wording and source.
Call summaries
Mar 2026 (Q1 FY26) — Apr 30, 2026
Martin Marietta Materials Q1 FY26 — Strong Start with Strategic Portfolio Evolution
Read the full callDec 2025 (Q4 FY25) — Feb 11, 2026
Martin Marietta Materials, Inc. Q4 FY25 — Record Performance and Strategic Alignment
Read the full callEvery analysed call
Martin Marietta Materials earnings calls (MLM)
Financials
What the filings say
Net profit, year on year: −23% (quarter to jun 2026 against jun 2025).
| Line item | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 1,642 | 1,412 | 1,162 | 1,609 | 1,846 | 1,534 | 1,362 | 1,947 |
| Operating profit | 406 | 399 | 179 | 413 | 505 | 340 | 162 | 372 |
| Operating margin | 24.7% | 28.3% | 15.4% | 25.7% | 27.4% | 22.2% | 11.9% | 19.1% |
| Interest | 38 | 51 | 56 | 57 | 59 | 58 | 56 | 59 |
| Profit before tax | 374 | 352 | 132 | 365 | 450 | 279 | 117 | 320 |
| Tax rate | 20.6% | 16.8% | 21.2% | 20.0% | 19.8% | 16.5% | 32.5% | 20.0% |
| Net profit | 363 | 294 | 116 | 328 | 414 | 279 | 1,513 | 251 |
| EPS ($ per share) | 5.93 | — | 1.91 | 5.44 | 6.86 | — | 25.11 | 4.18 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Equity capital | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Reserves | 1,693 | 2,077 | 2,608 | 3,162 | 3,719 | 4,563 | 5,915 | 6,402 |
| Total liabilities | 4,602 | 4,778 | 4,688 | 7,855 | 7,821 | 7,089 | 8,714 | 8,677 |
| Fixed assets | 5,157 | 5,206 | 5,242 | 6,338 | 6,317 | 6,186 | 9,660 | 10,290 |
| Total assets | 9,551 | 10,132 | 10,581 | 14,393 | 14,994 | 15,125 | 18,170 | 18,711 |
| Line item | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Dec 2022 | Dec 2023 | Dec 2024 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|
| Cash from operations | 705 | 966 | 1,050 | 1,138 | 991 | 1,528 | 1,459 | 1,785 |
| Cash from investing | -1,948 | -386 | -410 | -3,475 | -484 | 459 | -2,444 | -1,588 |
| Cash from financing | -158 | -604 | -357 | 2,291 | -407 | -1,064 | 373 | -800 |
| Net cash flow | -1,401 | -24 | 283 | -45 | 100 | 923 | -612 | -603 |
| Capital expenditure | -376 | -393 | -360 | -423 | -482 | -650 | -855 | -807 |
| Free cash flow | 329 | 573 | 690 | 715 | 509 | 878 | 604 | 978 |
MLM revenue by segment
| Segment | Q3 FY2024 | Q4 FY2024 | Q1 FY2025 | Q2 FY2025 | Q3 FY2025 | Q4 FY2025 | Q1 FY2026 | Q2 FY2026 | YoY growth latest quarter |
|---|---|---|---|---|---|---|---|---|---|
| Building Materials Business | — | — | 94% | 95% | 93% | 88% | 90% | 92% | +4.3% |
| Building Materials Business East Group | 45% | 46% | 44% | 48% | 52% | 68% | 61% | 50% | +12.0% |
| Building Materials Business West Group | 51% | 50% | 49% | 47% | 41% | 20% | 28% | 42% | -3.5% |
| Specialties | — | — | — | — | 7% | — | 11% | 8% | — |
Share of consolidated revenue by quarter. Q4 is the fiscal year less its first three quarters.
See how segments are shifting across companies → Segment Shift
MLM operating KPIs by quarter
| KPI | Mar 2026 Q1 FY26 | Jun 2026 Q2 FY26 | Change vs prior quarter |
|---|---|---|---|
| Shipments Aggregates | 43.9M tonsAs highlighted in this morning's release, our core aggregates product line delivered record first quarter shipments of 43.9 million tons, a 12% increase and record revenues of $1.1 billion, representing a 14% increase.Source: earnings call transcript | 61.6M tonsSupported by strong infrastructure and heavy nonresidential demand across our footprint, organic shipments increased 2.3% while total shipments increased 17% to 61.6 million tons, reflecting contributions from Quikrete and a partial quarter contribution from the NFM acquisition.Source: earnings call transcript | +40.3% |
Operating figures the company stated on at least two of the calls shown, checked against each call's transcript. Click a figure to read the sentence. A dash means it was not stated that quarter.
Revenue by region
Q2 FY2026 · share of revenue
- Colorado and British Columbia 6%
As MLM cuts its regions in its filings; they can nest, so they need not add to 100%.
Insider filings
60 filings between Nov 28, 2025 and Sep 1, 2026.
Open market
decisions to buy or sellNobody bought or sold MLM on the open market in this window. The filings below are 39 awards, 20 tax withholdings and 1 gift.
Compensation
not trading decisions- 39
- Award — granted as compensation
- 20
- Tax withheld — shares kept back by the company to cover tax
Latest filings (50)
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| Sep 1, 2026 | Petro Michael J SVP and CFO | Award | 9,331 | $0 |
| Aug 31, 2026 | Pike Thomas Director | Award | 66 | $34.2K |
| Aug 31, 2026 | WAJSGRAS DAVID C Director | Award | 78 | $40.5K |
| Aug 31, 2026 | LYONS MARTIN J Director | Award | 68 | $35.3K |
| Aug 21, 2026 | Niemann Philipp Director | Award | 337 | $0 |
| Aug 3, 2026 | Petro Michael J SVP and CFO | Tax withheld | 368 | $199.6K |
| May 29, 2026 | LYONS MARTIN J Director | Award | 61 | $35.5K |
| May 29, 2026 | WAJSGRAS DAVID C Director | Award | 69 | $40.1K |
| May 29, 2026 | Pike Thomas Director | Award | 59 | $34.3K |
| May 14, 2026 | DELLY GAYLA J Director | Award | 313 | $0 |
| May 14, 2026 | SLAGER DONALD W Director | Award | 313 | $0 |
| May 14, 2026 | Pike Thomas Director | Award | 313 | $0 |
| May 14, 2026 | Ables Dorothy M Director | Award | 313 | $0 |
| May 14, 2026 | WAJSGRAS DAVID C Director | Award | 313 | $0 |
| May 14, 2026 | PEREZ LAREE E Director | Award | 313 | $0 |
| May 14, 2026 | Mack Mary T Director | Award | 313 | $0 |
| May 14, 2026 | LYONS MARTIN J Director | Award | 313 | $0 |
| May 14, 2026 | Foxx Anthony R Director | Award | 313 | $0 |
| May 1, 2026 | Samborski Christopher William EVP, COO | Award | 8,101 | $0 |
| Mar 1, 2026 | McCunniff Donald A. EVP and CHRO | Award | 2,960 | $0 |
| Mar 1, 2026 | Nye C Howard Chairman, Pres & CEO | Award | 5,919 | $0 |
| Mar 1, 2026 | Schoen George Frederick EVP, GC and Corp. Secretary | Award | 23,673 | $0 |
| Mar 1, 2026 | Petro Michael J SVP and CFO | Award | 2,960 | $0 |
| Feb 27, 2026 | WAJSGRAS DAVID C Director | Award | 56 | $37.9K |
| Feb 27, 2026 | Pike Thomas Director | Award | 47 | $31.8K |
| Feb 27, 2026 | KORALESKI JOHN J Director | Award | 69 | $46.7K |
| Feb 24, 2026 | Cardin Robert J SVP, Controller & CAO | Tax withheld | 103 | $71.8K |
| Feb 24, 2026 | Flynn Jason Paul SVP and CIO | Tax withheld | 30 | $20.9K |
| Feb 24, 2026 | Petro Michael J SVP and CFO | Tax withheld | 94 | $65.5K |
| Feb 24, 2026 | Nye C Howard Chairman, Pres & CEO | Tax withheld | 1,221 | $850.9K |
| Feb 23, 2026 | Cardin Robert J SVP, Controller & CAO | Tax withheld | 209 | $142.9K |
| Feb 23, 2026 | Flynn Jason Paul SVP and CIO | Tax withheld | 177 | $121.0K |
| Feb 23, 2026 | Nye C Howard Chairman, Pres & CEO | Tax withheld | 1,805 | $1.23M |
| Feb 23, 2026 | Petro Michael J SVP and CFO | Tax withheld | 211 | $144.2K |
| Feb 23, 2026 | McCunniff Donald A. EVP and CHRO | Tax withheld | 192 | $131.3K |
| Feb 20, 2026 | Petro Michael J SVP and CFO | Award | 931 | $0 |
| Feb 20, 2026 | Nye C Howard Chairman, Pres & CEO | Award | 6,405 | $0 |
| Feb 20, 2026 | McCunniff Donald A. EVP and CHRO | Award | 1,277 | $0 |
| Feb 20, 2026 | Nye C Howard Chairman, Pres & CEO | Award | 2,216 | $1.22M |
| Feb 20, 2026 | Flynn Jason Paul SVP and CIO | Award | 592 | $324.9K |
| Feb 20, 2026 | Flynn Jason Paul SVP and CIO | Award | 595 | $0 |
| Feb 20, 2026 | Cardin Robert J SVP, Controller & CAO | Award | 658 | $0 |
| Feb 17, 2026 | Petro Michael J SVP and CFO | Tax withheld | 758 | $505.2K |
| Feb 17, 2026 | Flynn Jason Paul SVP and CIO | Tax withheld | 107 | $71.3K |
| Feb 17, 2026 | Petro Michael J SVP and CFO | Award | 1,724 | $0 |
| Feb 17, 2026 | Nye C Howard Chairman, Pres & CEO | Award | 22,365 | $0 |
| Feb 17, 2026 | Flynn Jason Paul SVP and CIO | Award | 222 | $0 |
| Feb 17, 2026 | Nye C Howard Chairman, Pres & CEO | Tax withheld | 9,717 | $6.48M |
| Feb 17, 2026 | Cardin Robert J SVP, Controller & CAO | Tax withheld | 822 | $547.9K |
| Feb 17, 2026 | Cardin Robert J SVP, Controller & CAO | Award | 1,869 | $0 |
Source: SEC Form 4 filings. Form 4 reports transactions, not the cap table — absence of filings says nothing about how much an insider owns, and a quiet window is not a signal.
Your own record
Start an Inve Case for MARTIN MARIETTA MATERIALS INC
Free account. Everything above stays public.
Write why you follow MARTIN MARIETTA MATERIALS INC and the condition you want checked. Inve compares your numeric conditions with available results and management guidance; your own conditions remain yours to review.
Keep reading
Other companies in Materials
Nearest to Martin Marietta Materials by market cap among the sector's top 20 companies at Q2 2026.