Martin Marietta Materials, Inc.

Martin Marietta Materials, Inc.

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Market Cap$34.93B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Martin Marietta Materials, Inc.Martin Marietta Materials, Inc.13.80.56%22%5.40.5

Earnings Call Q1 2026

April 30, 2026 - AI Summary

Q1 2026 performance strong; records across key metrics - Revenues up 17% YoY to $1.4B, a new first-quarter record. - Organic aggregate shipments up 7.2%, beating guidance (supported by an early construction season in the Midwest/Colorado plus strength in infrastructure and heavy nonresidential). - Adjusted EBITDA and adjusted EPS (from continuing operations) each improved 14%. - Safety: delivered the strongest first-quarter safety performance in company history (both total and lost-time incident rates). - Surprise/positive: despite macro uncertainty, results were resilient with durability-focused portfolio mix.
Aggregates and Specialties delivered momentum; margin bridge is the main “noise” - Aggregates: record Q1 shipments 43.9M tons (+12% YoY) and record revenues $1.1B (+14%). - Specialties: all-time quarterly records—revenues $143M (+63%) and gross profit $45M (+17%) (Premier Magnesia contribution + organic pricing gains; partly offset by lower shipments and higher energy costs). - Negative/complicating factors to margins: reported aggregates gross profit down 3% to $288M, driven by geographic mix (stronger volumes in lower-price Central/West) and purchase accounting effects (notably Quikrete inventory step-up), plus DDA timing disclosure.
Full-year 2026 guidance reaffirmed (not including New Frontier yet) - Company reaffirmed full-year 2026 adjusted EBITDA from continuing operations guidance of $2.43B (midpoint). - Key point: guidance excludes the New Frontier acquisition because it is not expected to close until H2 2026 (subject to approvals). - Cadence/expectations: management expects shipments toward the high end of guidance (Q1 and strong April are evidence). - Pricing confidence: organic pricing is expected to remain in line with outlook, with greater realization of midyear price increases than in 2025.

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$685.00

Target Price by Analysts

17.5% upsideMartin Marietta Materials Target Price DetailsTarget Price
$367.13

Current Fair Value

37% downside

Overvalued by 37% based on the discounted cash flow analysis.

Share Statistics

Market cap$34.93 Billion
Enterprise Value$40.01 Billion
Dividend Yield$3.28 (0.56%)
Earnings per Share$18.85
Beta1.14
Outstanding Shares60,300,000

Return

Return on Equity22.43%ROE
Return on Assets12.36%
Return on Invested Capital9.77%

Valuation & Multiples

P/E Ratio13.84P/E Ratio
PEG1.15PEG
Price to Sales5.4Price to Sales
Price to Book Ratio3.12Price to Book Ratio
Enterprise Value to Revenue6.11
Enterprise Value to EBIT26.93
Enterprise Value to Net Income15
Total Debt to Enterprise0.13
Debt to Equity0.47Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
May 5, 2026
EPS Estimate
$2.35
Average shareholder expectation
Revenue Estimate
$1.33 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$5.00
Average shareholder expectation
Revenue Estimate
$1.89 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.4357▼ 1.97%
Total Calls134,400▲ 64.50%
Total Puts58,552▲ 57.40%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %96.75%▼ 1.94%
Total Invested$34.29B▼ 7.46%
Investors Holding1,081▼ 45.00%

ESG Score

No data

About Martin Marietta Materials, Inc.

CEO: C. Howard Nye

Relevant Senate Committees

Joint Committee on Taxation

This committee provides official revenue estimates and technical analysis for all tax bills, directly influencing corporate tax structures, capital investment credits, and the overall tax burden on Martin Marietta Materials and its industry.

Finance

This powerful committee controls taxation and trade policy, directly impacting corporate valuations, profitability through tax policy, and the overall economic environment crucial for the construction sector.

Appropriations

This committee directly allocates discretionary federal spending, including for infrastructure projects. Its subcommittees determine the precise cash flow for these projects, directly affecting contractor order books and demand for Martin Marietta Materials' products.

Banking, Housing, and Urban Affairs

This committee regulates the financial system, real estate markets, and HUD. Its decisions directly impact financing for construction, housing starts, and urban development, which are critical end-markets and demand drivers for Martin Marietta Materials.

Energy and Natural Resources

This committee directly oversees national energy policy, public lands, and the mining sector. Its regulations on land use and resource extraction are highly relevant to Martin Marietta Materials' quarrying operations and energy costs.

Environment and Public Works

This committee directly regulates the EPA, which oversees environmental compliance for mining and quarrying operations. Crucially, it drives federal highway programs, a primary source of demand for Martin Marietta Materials' products.