Martin Marietta Materials (MLM) Earnings Dates, Call Summary & Reports

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Earnings Data

Report Date

May 05, 2026

Before Open (Confirmed)

Period Ending

2026 (Q1)

Consensus EPS Forecast

2.55

Last Year’s EPS

1.9

Same Quarter Last Year

Analyst Consensus

Moderate Buy

Based on 13 Analysts Ratings

Earnings Call Summary

Q4 2025

Earnings Call Date:Feb 11, 2026|

% Change Since:

Earnings Call Sentiment|Positive

The call conveyed a broadly positive outlook: management reported record 2025 results across aggregates, specialties, cash flow and safety, met SOAR 2025 targets, and provided constructive 2026 guidance (shipments +2%, consolidated adj. EBITDA ~$2.49B) while reducing capex to boost free cash. Material lowlights include downstream weakness (other building materials -8% revenues, -18% gross profit), continued softness in private residential/nonresidential construction, Q4 one‑time costs and freight pressures, and near-term optical ASP/mix headwinds from acquisitions (Quickrete, Minnesota) and base stone intensity on large projects. Management positioned guidance conservatively (network optimization benefits not fully baked in) and highlighted strong balance sheet (net debt/EBITDA 2.3x, $1.2B liquidity). Overall, the positive operational and financial momentum and strong cash generation meaningfully outweigh the identifiable headwinds.

Company Guidance

Martin Marietta’s 2026 guidance calls for shipments to grow about 2% at the midpoint and consolidated adjusted EBITDA of roughly $2.49 billion (inclusive of discontinued operations), with aggregates expected to deliver low‑double‑digit gross profit growth at the midpoint driven by low‑single‑digit shipment growth, mid‑single‑digit pricing, and COGS per ton roughly in line with inflation (company‑implied COGS‑per‑ton inflation ≈ 3% vs. underlying inflation ~3.5%; Q4 ex‑external freight COGS/ton growth ~2.7%); Michael indicated aggregates gross profit dollars at the midpoint are ~11% growth and that each 1% reduction in COGS/ton = ~ $35 million of ag gross profit upside. Specialties are guided to high‑teens gross profit growth (organic gross profit run‑rate ~ $160 million pro forma with Premier Magnesia contribution), other building materials roughly flat, consolidated revenues and adjusted EBITDA from continuing operations are expected to grow high single digits at the midpoint, planned 2026 capital spending is $575 million (a 29% YoY reduction) to boost free cash flow for M&A and buybacks, and the company will update guidance upon closing the Quickrete asset exchange (noting ~$250 million of adjusted EBITDA from discontinued ops previously); FY25 ended with net debt/adjusted EBITDA of 2.3x and total liquidity of $1.2 billion.

Record Financial, Operational and Safety Performance

2025 delivered record results across financial, operational and safety metrics; company highlighted record safety performance (lowest total reportable incidents) alongside strong operational execution under SOAR 2025.

Fourth Quarter Aggregates Strength

Q4 aggregates revenues rose 8% to $1.2B, gross profit increased 11% to $420M, gross profit per ton improved 9% to $8.59, and aggregates gross margin expanded 93 basis points to 34%.

Full-Year Aggregates and Building Materials Performance

Full-year aggregates revenues climbed 11% to $5.0B (pricing +6.9%, volumes +3.8%), aggregates gross profit increased 16% to $1.7B, aggregates gross margin expanded 143 bps to 34%, gross profit per ton was $8.45 (+12% YoY). Continuing operations Building Materials revenues were $5.7B (+7%) with gross profit $1.8B (+13%) and margin expanded 173 bps to 31%.

Specialties Segment Record Results

Specialties posted record full-year revenues of $441M and record gross profit of $137M, driven by organic pricing, shipment growth and five months of contribution from Premier Magnesia.

Strong Cash Flow and Disciplined Capital Allocation

Full-year cash flow from operations was a record $1.8B (+22% YoY). In 2025 the company deployed $812M on acquisitions, reinvested $680M in plants/equipment, returned $647M to shareholders; ended year with net debt/adjusted EBITDA of 2.3x and $1.2B liquidity.

SOAR 2025 Strategic Targets Met

Over five years ended 12/31/2025 the company delivered a 208 basis point price-cost spread (exceeding 200 bps target), >13% CAGR in aggregates gross profit per ton, announced/executed ~ $16B of portfolio transactions, invested $3.2B sustaining/growth CapEx and returned $2.1B to shareholders; five-year TSR 126% (~30 percentage points above S&P 500).

Positive 2026 Guidance and Conservative Posture

2026 midpoint guidance: shipments +2%, consolidated adjusted EBITDA ~ $2.49B (inclusive of discontinued ops). Aggregates are expected to deliver low double-digit gross profit growth at midpoint (mid-single-digit pricing, low single-digit shipments). Specialties expected to deliver high-teens gross profit growth. Planned capital spending of $575M (down 29% YoY) to increase free cash flow for M&A and buybacks.

Favorable End-Market Tailwinds

Infrastructure demand underpinned by IIJA (71% obligated, 48% dispersed as of 11/30/25) with reimbursements expected to peak in 2026; data center and energy spending accelerating (Goldman Sachs cited hyperscalers potentially deploying >$500B in 2026); LNG, power generation and rail-distributed large projects cited as durable demand drivers.

Martin Marietta Materials (MLM) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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MLM Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
May 05, 2026	2026 (Q1)	2.55 / -	1.9	―	―	―
Feb 11, 2026	2025 (Q4)	4.79 / 3.85	4.79	-19.62% (-0.94)
Nov 04, 2025	2025 (Q3)	6.72 / 5.97	5.91	1.02% (+0.06)
Aug 07, 2025	2025 (Q2)	5.31 / 5.43	4.76	14.08% (+0.67)
Apr 30, 2025	2025 (Q1)	1.88 / 1.90	1.93	-1.55% (-0.03)
Feb 12, 2025	2024 (Q4)	4.58 / 4.79	4.63	3.46% (+0.16)
Oct 30, 2024	2024 (Q3)	6.25 / 5.91	6.94	-14.84% (-1.03)
Aug 08, 2024	2024 (Q2)	5.36 / 4.76	5.6	-15.00% (-0.84)
Apr 30, 2024	2024 (Q1)	1.86 / 1.93	2.16	-10.65% (-0.23)
Feb 14, 2024	2023 (Q4)	3.99 / 4.63	3.04	52.30% (+1.59)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

MLM Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Feb 11, 2026	$708.11	$661.65	-6.56%
Nov 04, 2025	$618.48	$624.43	+0.96%
Aug 07, 2025	$596.44	$598.69	+0.38%
Apr 30, 2025	$502.78	$521.82	+3.79%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Martin Marietta Materials (MLM) report earnings?

Martin Marietta Materials (MLM) is schdueled to report earning on May 05, 2026, Before Open (Confirmed).

What is Martin Marietta Materials (MLM) earnings time?

Martin Marietta Materials (MLM) earnings time is at May 05, 2026, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MLM EPS forecast?

MLM EPS forecast for the fiscal quarter 2026 (Q1) is 2.55.