Earnings And Margin ExpansionMLM's Capital Markets Day outlined a conservative path to earnings growth and margin expansion, driven by operational execution, disciplined capital allocation, and demand tailwinds.
Infrastructure InvestmentInfrastructure remains a bright spot: $1.2tn IIJA only 40% spent provides runway through 2027, with strong DoT budgets.
US Construction ActivityStabilizing volumes, coupled with resilient price vs. cost helped by ongoing operational initiatives, sets up MLM well for expected re-acceleration in US construction activity.