Ex-dividend in 3d · $0.84
MLM · NYSE · Construction Materials

Martin Marietta

Supplies aggregates, asphalt, concrete and specialty minerals for construction and industrial markets.

$530.45
After-hours close−0.46 (−0.09%)
At close$530.92(+0.44%)
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Profile

Martin Marietta Materials, Inc.MLMMaterials

Supplies crushed stone, sand and gravel for infrastructure, nonresidential and residential construction, with asphalt, paving, ready-mixed concrete and specialty magnesia and lime products adding smaller revenue streams. Its quarry network is concentrated across U.S. growth markets and linked by truck, rail and water distribution.

Supplies crushed stone, sand and gravel from a quarry and distribution network spanning much of the United States, Canada and The Bahamas. Aggregates anchor the business, serving public infrastructure, nonresidential and residential construction; targeted asphalt, paving and ready-mixed concrete operations extend the materials offering. The Specialties segment sells high-purity magnesia products and dolomitic lime for industrial, environmental and agricultural uses worldwide.

Executes through geographically organized East and West groups, using local quarry proximity plus rail and water links to reach supply-constrained markets. The completed Quikrete asset exchange added aggregates while divesting the Midlothian cement plant and Texas ready-mixed concrete assets; a pending Lhoist North America combination would expand lime and industrial minerals. Demand follows construction activity and public funding, while permitting, weather, energy costs and transport availability constrain production and delivery.

Company facts

CEOC. Howard Nye
ListedFeb 17, 1994
ExchangeNYSE
HeadquartersRaleigh, NC
CountryUnited States
Employees9,600
CIK0000916076
ISINUS5732841060

Key statistics

Market cap$31.90B
EPS (ttm)$40.70
P/E (ttm)13.05
ROE23.1%
P/B2.76
P/S4.77
Dividend yield0.63%
Beta0.85vs XLB 1.00

Year to date −16.3% · Average volume (30d) 593.7K

Analysts

Price target, next 12 months$643.50+21.2%Median of 40 analysts · vs the Aug 28 close
ConsensusBuy23 of 40 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionRatingPrior targetTarget
Aug 28, 2026RBC CapitalReiterateSector Perform$610$620
Aug 24, 2026D.A. DavidsonTarget$680$625
Aug 13, 2026Morgan StanleyReiterateOverweight$702$639
Aug 4, 2026Wolfe ResearchTarget$384$648
Aug 3, 2026RBC CapitalReiterateSector Perform$615$610

Earnings

EPS

Estimate$6.74
ReportedDue Nov 3, 2026

Revenue

Estimate$2.16B
ReportedDue Nov 3, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 30, 2026Q2 FY26$4.76$5.00+5.0%$1.87B$1.95B+4.1%−5.21%
Apr 30, 2026Q1 FY26$1.78$1.93+8.4%$1.31B$1.36B+3.7%−0.74%
Feb 11, 2026Q4 FY25$4.78$3.85−19.5%$1.65B$1.53B−7.0%−0.24%
Nov 4, 2025Q3 FY25$6.72$5.97−11.2%$2.07B$1.85B−10.7%−2.34%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$1.35B$1.81B$1.85B$1.53B$1.36B$1.95B
Gross profit$335.0M$544.0M$615.0M$468.0M$310.0M$495.0M
Operating income$194.0M$458.0M$505.0M$365.0M$162.0M$379.0M
Net income$116.0M$328.0M$414.0M$279.0M$1.51B$256.0M
Diluted EPS$1.90$5.43$6.85$4.62$25.06$4.17
Gross margin24.8%30.0%33.3%30.5%22.8%25.4%
Operating margin14.3%25.3%27.4%23.8%11.9%19.5%

Fiscal years (4-quarter sums)FY21 $5.41B · FY22 $6.16B · FY23 $6.78B · FY24 $6.54B · FY25 $6.54B

Revenue by product · Q2 FY26

Building Materials Business$1.80B · 100%

Revenue by geography · Q2 FY26

Southeast Group$972.0M · 54%
West Group$823.0M · 46%

Balance sheet, Jun 30, 2026Cash & short-term investments $112.0M · Total debt $5.95B · Total assets $21.31B · Shareholders' equity $11.55B

Dividends

Next ex-date
Sep 1, 2026
in 3 days
Annual dividend
$3.32
per share
Dividend yield
0.63%
Schedule
Quarterly
4 payments a year

Raised for 30 straight years — most recently to $0.83 from $0.79 in Sep 2025. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jun 1, 2026Jun 1Jun 30$0.83
Mar 2, 2026Mar 2Mar 31$0.83
Dec 1, 2025Dec 1Dec 31$0.83
Sep 2, 2025Sep 2Sep 30$0.83raised from $0.79
Jun 2, 2025Jun 2Jun 30$0.79
Mar 3, 2025Mar 3Mar 31$0.79
Dec 2, 2024Dec 2Dec 31$0.79
Sep 3, 2024Sep 3Sep 30$0.79raised from $0.74
View details

Ownership

Institutions 184.50%Insiders 0.60%

A 13F quarter can total more than the shares outstanding — sub-advisers file the same block twice, and a filer's own share count can be a quarter stale. No split is drawn from it.

Shares outstanding 60.07M · Float 59.61M · 99.3% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Gpi SA10.95M15.40%13DAug 24, 2026
LNA Holding SRL · 10 percent owner10.95M18.24%Form 4Aug 24, 2026
BlackRock, Inc.4.69M7.81%13FAug 7, 2026
Vanguard Capital Management LLC3.93M6.54%13FAug 13, 2026
Vanguard Portfolio Management LLC3.20M5.32%13FAug 13, 2026

Insider tradesForm 4

No open-market trades in the last 12 months.

View details

Peers

  • Vulcan Materials

    Nation's largest aggregates supplier; head-to-head in every U.S. market.

  • CRH

    #1 aggregates in North America; acquired MLM's South Texas cement in 2024.

  • Amrize

    NA's largest building materials firm; #1-#2 in 85% of aggregates markets.

  • Eagle Materials

    Sun Belt/Heartland cement and aggregates; shared infrastructure markets.

  • Knife River

    Aggregates-led vertically integrated materials; Mountain/West/Heartland focus.

CompareAfter-hours close

CompanyPriceChange
Martin Marietta$530.45−0.09%$31.90B13.026.94.8+7.5%
Vulcan Materials$274.03−0.20%$35.57B32.427.84.4+2.5%
CRH$95.86−0.03%$64.05B15.122.71.1+5.6%
Amrize$44.51−0.35%$24.73B20.516.7+8.5%
Eagle Materials$197.560.00%$6.06B15.615.12.6+2.6%
Knife River$64.37+0.16%$3.65B26.220.41.1+12.6%
Median20.520.41.9+5.6%