Martin Marietta Reports Mixed Q4 Results and Lower FY26 Guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 11 2026
0mins
Should l Buy MLM?
Source: Benzinga
- Revenue and Earnings Performance: Martin Marietta reported Q4 revenue of $1.534 billion, a 9% year-over-year increase, but missed the consensus estimate of $1.589 billion, with net earnings falling 6% to $233 million, while EPS of $4.62 slightly exceeded expectations of $4.59, indicating pressure on revenue growth.
- Adjusted EBITDA Growth: The company achieved a 10% year-over-year increase in adjusted EBITDA from continuing operations to $515 million, with gross profit also rising 10% to $468 million, demonstrating stable profitability despite facing challenges.
- Shareholder Returns and Cash Flow: In 2025, Martin Marietta returned $647 million to shareholders through dividends and repurchases, with total cash from operating activities reaching $1.79 billion for the year, reflecting positive capital management.
- Future Outlook and Market Reaction: The company expects FY26 sales guidance of $6.420 billion to $6.780 billion, below the market estimate of $6.967 billion, leading to a 5.81% drop in share price post-announcement, reflecting market concerns about future growth.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy MLM?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on MLM
Wall Street analysts forecast MLM stock price to rise
11 Analyst Rating
9 Buy
2 Hold
0 Sell
Strong Buy
Current: 666.530
Low
605.00
Averages
693.20
High
758.00
Current: 666.530
Low
605.00
Averages
693.20
High
758.00
About MLM
Martin Marietta Materials, Inc. is a natural resource-based building materials company. The Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 390 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. It also provides cement and downstream products, namely, ready mixed concrete, asphalt and paving services in targeted markets. It conducts its Building Materials business through two segments, organized by geography: East Group and West Group. The East Group provides aggregates and asphalt products. The West Group provides aggregates, cement, downstream products and paving services. The Company’s Magnesia Specialties business provides a full range of magnesium oxide, magnesium hydroxide and dolomitic lime products. Its magnesia-based chemical products are used in industrial, agricultural and environmental applications. It also produces dolomitic lime sold to customers for steel production and soil stabilization.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Trump Administration Releases Gateway Tunnel Funds
- Funding Release: The Trump administration released $98 million previously withheld for the Gateway Tunnel construction and an additional $30 million in reimbursements, significantly enhancing passenger rail capacity into Manhattan.
- Project Resumption: The funding freeze had triggered a work stoppage threatening nearly 1,000 jobs, but contractors are now instructed to prepare for construction resumption next week, ensuring the project stays on track.
- Legal Obligation: Governor Hochul emphasized that the federal government has a legal obligation to fully fund the Gateway project, highlighting the importance of continuous funding support to prevent future disruptions for workers and commuters.
- Infrastructure Significance: The Gateway project is one of the most critical infrastructure initiatives in the U.S., with the existing North River Tunnel carrying 200,000 passengers daily and in urgent need of repairs to meet growing transportation demands.
See More
Vulcan's Profits Weighing on Construction Materials Shares.
- Vulcan Materials Performance: The construction materials company Vulcan Materials is showing improvement in its performance.
- Investor Expectations: The level of improvement is not meeting investor expectations, leading to pressure on stocks in the construction materials sector.
See More
Martin Marietta Reports Record Q4 2025 Earnings and Strategic Outlook
- Record Financial Performance: Martin Marietta achieved $1.2 billion in aggregates revenue for Q4 2025, an 8% increase year-over-year, with gross profit rising 11% to $420 million, demonstrating strong profitability and market demand in its aggregates business.
- Significant Shareholder Returns: Over the past five years, the company returned $2.1 billion to shareholders, achieving a total shareholder return of 126%, approximately 30 percentage points above the S&P 500 Index, reflecting successful capital allocation and value creation strategies.
- Positive Future Outlook: Management projects 2026 consolidated adjusted EBITDA of approximately $2.49 billion, supported by sustained infrastructure investment and growth in data centers, despite ongoing softness in private nonresidential and residential construction, showcasing the company's keen market insight.
- Strategic Transformation Initiated: Martin Marietta has launched the SOAR 2030 plan, emphasizing flexibility in responsible investments and timely acquisitions, aimed at further optimizing its portfolio and seizing future growth opportunities.
See More
Martin Marietta Reports Mixed Q4 Results and Lower FY26 Guidance
- Revenue and Earnings Performance: Martin Marietta reported Q4 revenue of $1.534 billion, a 9% year-over-year increase, but missed the consensus estimate of $1.589 billion, with net earnings falling 6% to $233 million, while EPS of $4.62 slightly exceeded expectations of $4.59, indicating pressure on revenue growth.
- Adjusted EBITDA Growth: The company achieved a 10% year-over-year increase in adjusted EBITDA from continuing operations to $515 million, with gross profit also rising 10% to $468 million, demonstrating stable profitability despite facing challenges.
- Shareholder Returns and Cash Flow: In 2025, Martin Marietta returned $647 million to shareholders through dividends and repurchases, with total cash from operating activities reaching $1.79 billion for the year, reflecting positive capital management.
- Future Outlook and Market Reaction: The company expects FY26 sales guidance of $6.420 billion to $6.780 billion, below the market estimate of $6.967 billion, leading to a 5.81% drop in share price post-announcement, reflecting market concerns about future growth.
See More
Martin Marietta Reports Q4 2024 Earnings Miss with Revenue Growth
- Earnings Miss: Martin Marietta's Q4 GAAP EPS of $3.85 fell short by $1.13, indicating pressure on profitability that may dampen investor confidence moving forward.
- Revenue Growth Lags: The company reported Q4 revenue of $1.53 billion, an 8.5% year-over-year increase, yet it missed expectations by $150 million, reflecting challenges from heightened market competition and rising costs.
- Modest Shipment Increase: Aggregate shipments rose 2.0% to 48.9 million tons in Q4, driven by strong infrastructure and nonresidential construction activity, suggesting signs of recovery in the industry.
- Cautious Future Outlook: Revenue guidance for 2026 ranges from $6.42 billion to $6.78 billion, indicating potential growth; however, high interest expenses of up to 21% and a tax rate of 20.5% may pressure net earnings.
See More
Stocks Show Mixed Performance Following Disappointing Retail Sales Data
- Market Performance: The S&P 500 was close to achieving its first record of the month but ultimately did not reach that milestone.
- Investor Sentiment: The near-record performance reflects fluctuating investor confidence in the market's direction.
See More
Trump Administration Releases Gateway Tunnel Funds
- Funding Release: The Trump administration released $98 million previously withheld for the Gateway Tunnel construction and an additional $30 million in reimbursements, significantly enhancing passenger rail capacity into Manhattan.
- Project Resumption: The funding freeze had triggered a work stoppage threatening nearly 1,000 jobs, but contractors are now instructed to prepare for construction resumption next week, ensuring the project stays on track.
- Legal Obligation: Governor Hochul emphasized that the federal government has a legal obligation to fully fund the Gateway project, highlighting the importance of continuous funding support to prevent future disruptions for workers and commuters.
- Infrastructure Significance: The Gateway project is one of the most critical infrastructure initiatives in the U.S., with the existing North River Tunnel carrying 200,000 passengers daily and in urgent need of repairs to meet growing transportation demands.
See More
Vulcan's Profits Weighing on Construction Materials Shares.
- Vulcan Materials Performance: The construction materials company Vulcan Materials is showing improvement in its performance.
- Investor Expectations: The level of improvement is not meeting investor expectations, leading to pressure on stocks in the construction materials sector.
See More
Martin Marietta Reports Record Q4 2025 Earnings and Strategic Outlook
- Record Financial Performance: Martin Marietta achieved $1.2 billion in aggregates revenue for Q4 2025, an 8% increase year-over-year, with gross profit rising 11% to $420 million, demonstrating strong profitability and market demand in its aggregates business.
- Significant Shareholder Returns: Over the past five years, the company returned $2.1 billion to shareholders, achieving a total shareholder return of 126%, approximately 30 percentage points above the S&P 500 Index, reflecting successful capital allocation and value creation strategies.
- Positive Future Outlook: Management projects 2026 consolidated adjusted EBITDA of approximately $2.49 billion, supported by sustained infrastructure investment and growth in data centers, despite ongoing softness in private nonresidential and residential construction, showcasing the company's keen market insight.
- Strategic Transformation Initiated: Martin Marietta has launched the SOAR 2030 plan, emphasizing flexibility in responsible investments and timely acquisitions, aimed at further optimizing its portfolio and seizing future growth opportunities.
See More
Martin Marietta Reports Mixed Q4 Results and Lower FY26 Guidance
- Revenue and Earnings Performance: Martin Marietta reported Q4 revenue of $1.534 billion, a 9% year-over-year increase, but missed the consensus estimate of $1.589 billion, with net earnings falling 6% to $233 million, while EPS of $4.62 slightly exceeded expectations of $4.59, indicating pressure on revenue growth.
- Adjusted EBITDA Growth: The company achieved a 10% year-over-year increase in adjusted EBITDA from continuing operations to $515 million, with gross profit also rising 10% to $468 million, demonstrating stable profitability despite facing challenges.
- Shareholder Returns and Cash Flow: In 2025, Martin Marietta returned $647 million to shareholders through dividends and repurchases, with total cash from operating activities reaching $1.79 billion for the year, reflecting positive capital management.
- Future Outlook and Market Reaction: The company expects FY26 sales guidance of $6.420 billion to $6.780 billion, below the market estimate of $6.967 billion, leading to a 5.81% drop in share price post-announcement, reflecting market concerns about future growth.
See More
Martin Marietta Reports Q4 2024 Earnings Miss with Revenue Growth
- Earnings Miss: Martin Marietta's Q4 GAAP EPS of $3.85 fell short by $1.13, indicating pressure on profitability that may dampen investor confidence moving forward.
- Revenue Growth Lags: The company reported Q4 revenue of $1.53 billion, an 8.5% year-over-year increase, yet it missed expectations by $150 million, reflecting challenges from heightened market competition and rising costs.
- Modest Shipment Increase: Aggregate shipments rose 2.0% to 48.9 million tons in Q4, driven by strong infrastructure and nonresidential construction activity, suggesting signs of recovery in the industry.
- Cautious Future Outlook: Revenue guidance for 2026 ranges from $6.42 billion to $6.78 billion, indicating potential growth; however, high interest expenses of up to 21% and a tax rate of 20.5% may pressure net earnings.
See More
Stocks Show Mixed Performance Following Disappointing Retail Sales Data
- Market Performance: The S&P 500 was close to achieving its first record of the month but ultimately did not reach that milestone.
- Investor Sentiment: The near-record performance reflects fluctuating investor confidence in the market's direction.
See More
