Martin Marietta Materials, Inc.

Martin Marietta Materials, Inc.

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Market Cap$31.53B
Close$

Compare to Similar Companies

P/E RatioDividendsReturn on EquityPrice-to-SalesDebt-to-Equity
Martin Marietta Materials, Inc.Martin Marietta Materials, Inc.12.90.63%21%4.70.5

Earnings Call Q2 2026

July 30, 2026 - AI Summary

Strong Q2 operating performance; raises full-year guidance - Record Q2 revenue and record adjusted EBITDA (from continuing ops). - Aggregates revenue: $1.5B (+16%); total shipments 61.6M tons (+17%) with organic shipments +2.3%; organic ASP (mix-adjusted) +3.7%, reported ASP -2% largely due to mix + acquisitions. - Safety: achieved the best first-half safety performance in company history (TIR and LTI rates). - Updated outlook (2026): revenue guidance raised to $7.2B–$7.4B and adjusted EBITDA from continuing ops reaffirmed/raised to $2.36B–$2.5B. Does not include LNA (pending transaction).
SOAR 2030 execution: quantified cash improvements + Precision IQ rollout - Identified ~$350M run-rate pretax cash flow improvement opportunities driven by asset utilization, network optimization, and lower sustaining capital. - Year-to-date cash benefits > $200M already achieved from disciplined inventory management and reduced capital spending. - Commercial/Execution: completed enterprise rollout of Precise IQ (mobile quoting + pricing algorithm) in June, designed to improve pricing precision and responsiveness and standardize go-to-market execution.
Key business drivers & what’s “good” operationally - Organic aggregates cost performance: organic COGS per ton +3.6% (includes ~150 bps headwind from higher pass-through external freight). Controllable cost growth was below implied ~3% guidance. - Management emphasized that energy spike is the main drag; excluding energy-related pressure, COGS would have been ~flat—a positive indicator for underlying cost discipline. - Specialties (lime): record Q2 revenues/gross profit, driven by pricing and acquisitions; highlighted Woodville, Ohio resilience through downturns and demonstrated compounding profitability (e.g., Q2 gross profit +7% YoY to a record).

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$656.90

Target Price by Analysts

25.1% upsideMartin Marietta Materials Target Price DetailsTarget Price
$360.41

Current Fair Value

31.4% downside

Overvalued by 31.4% based on the discounted cash flow analysis.

Share Statistics

Market cap$31.53 Billion
Enterprise Value$37.37 Billion
Dividend Yield$3.32 (0.63%)
Earnings per Share$18.85
Beta1.1
Outstanding Shares60,100,000

Return

Return on Equity21.32%ROE
Return on Assets11.56%
Return on Invested Capital7.14%

Valuation & Multiples

P/E Ratio12.88P/E Ratio
PEG-58.66PEG
Price to Sales4.73Price to Sales
Price to Book Ratio2.74Price to Book Ratio
Enterprise Value to Revenue5.59
Enterprise Value to EBIT26.75
Enterprise Value to Net Income15
Total Debt to Enterprise0.16
Debt to Equity0.52Debt to Equity

Revenue Sources

No data

Insider Trades

Last Earnings Call

Report Date
July 30, 2026
EPS Estimate
$4.76
Average shareholder expectation
Revenue Estimate
$1.87 B
Average shareholder expectation

Next Earnings Call

Expected Date
August 6, 2026
EPS Estimate
$4.91
Average shareholder expectation
Revenue Estimate
$1.88 B
Average shareholder expectation

Institutional Put/Call Ratio

Market sentiment based on institutional option activity.

Put/Call Ratio0.0000▼ 43.57%
Total Calls-▼ 100.00%
Total Puts-▼ 100.00%

Institutional Ownership

Holdings and activity of institutional investors.

Ownership %4.88%▼ 91.95%
Total Invested$1.63B▼ 95.26%
Investors Holding399▼ 690.00%

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.