Martin Marietta Q1 FY26 net earnings fall 24% to $79 million; revenue rises 17% to $1.36 billion
Martin Marietta Materials, Inc.
Martin Marietta Materials, Inc. MLM | 0.00 |
- Martin Marietta posted Q1 2026 net earnings from continuing operations attributable to shareholders of USD 79 million, down 24%.
- Revenue climbed 17% to USD 1.36 billion.
- Adjusted EBITDA from continuing operations rose 14% to USD 364 million.
- Aggregates shipments increased 12% to 43,900,000 tons, while average selling price per ton was USD 23.7.
- Completed asset exchange with QUIKRETE, acquiring aggregates operations producing about 20 million tons annually plus USD 450 million cash; signed definitive agreement to buy New Frontier Materials, expected to close in second half of 2026.
- Reaffirmed full-year 2026 adjusted EBITDA from continuing operations guidance midpoint of USD 2.43 billion.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Martin Marietta Materials Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202604300658PRIMZONEFULLFEED9709980) on April 30, 2026, and is solely responsible for the information contained therein.
