Martin Marietta Materials (NYSE:MLM) Releases Earnings Results

Martin Marietta Materials (NYSE:MLM) issued its quarterly earnings results on Wednesday. The construction company reported $4.62 EPS for the quarter, missing the consensus estimate of $4.81 by ($0.19), FiscalAI reports. The business had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.66 billion. Martin Marietta Materials had a return on equity of 10.86% and a net margin of 17.38%.Martin Marietta Materials’s revenue was up 9.3% compared to the same quarter last year. During the same quarter last year, the firm posted $4.79 earnings per share.

Here are the key takeaways from Martin Marietta Materials’ conference call:

• Martin Marietta reported a record 2025, saying SOAR 2025 targets were met with strong capital allocation (about $16 billion of portfolio transactions), ~$2.1 billion returned to shareholders, and leverage inside their target range (2.0–2.5x).
• 2026 guidance assumes modest growth — shipments ~+2% at the midpoint and consolidated Adjusted EBITDA of approximately $2.49 billion (includes discontinued ops) — while planned capex is cut to $575 million to boost free cash for M&A and buybacks; the pending Quikrete asset exchange (expected close in Q1) will prompt an updated guide.
• The core aggregates business drove results — full-year aggregates revenue up, gross profit per ton rose materially (2025 ag GP/ton of $8.45, +12% YoY), and price-cost spread strength plus a network-optimization pilot that lowered COGS per ton point to further margin upside as rollout continues.
• Near-term demand risks remain — private single-family housing and non-residential starts are well below recent peaks and affordability is a constraint, and the Premier Magnesia acquisition is margin-dilutive to specialties while recently announced M&A (Quikrete, Minnesota) may create ASP/mix headwinds until integrated.

Martin Marietta Materials Stock Up 3.6%

MLM stock traded up $23.50 on Friday, reaching $683.57. 98,924 shares of the company traded hands, compared to its average volume of 457,604. The firm has a fifty day simple moving average of $645.50 and a 200-day simple moving average of $624.96. The company has a market cap of $41.23 billion, a P/E ratio of 36.36 and a beta of 1.16. Martin Marietta Materials has a one year low of $441.95 and a one year high of $710.97. The company has a debt-to-equity ratio of 0.53, a current ratio of 3.57 and a quick ratio of 2.07.

Hedge Funds Weigh In On Martin Marietta Materials

Several large investors have recently modified their holdings of MLM. Quarry LP purchased a new position in Martin Marietta Materials in the third quarter worth about $38,000. Wilmington Savings Fund Society FSB raised its holdings in Martin Marietta Materials by 74.3% in the 4th quarter. Wilmington Savings Fund Society FSB now owns 61 shares of the construction company’s stock worth $38,000 after acquiring an additional 26 shares during the last quarter. Osterweis Capital Management Inc. bought a new position in Martin Marietta Materials in the 2nd quarter valued at approximately $37,000. Johnson Financial Group Inc. increased its holdings in shares of Martin Marietta Materials by 586.7% in the 3rd quarter. Johnson Financial Group Inc. now owns 103 shares of the construction company’s stock worth $65,000 after purchasing an additional 88 shares in the last quarter. Finally, Caitong International Asset Management Co. Ltd purchased a new position in shares of Martin Marietta Materials in the third quarter worth $72,000. Hedge funds and other institutional investors own 95.04% of the company’s stock.

More Martin Marietta Materials News

Here are the key news stories impacting Martin Marietta Materials this week:

• Positive Sentiment: Jefferies raised its price target to $761 and kept a “buy” rating, signaling analyst confidence in the longer‑term earnings trajectory and providing fresh upside momentum. Jefferies PT raise
• Positive Sentiment: Management outlined a $2.49B adjusted EBITDA target for 2026 and reiterated progress on its SOAR 2030 strategy — corporate targets that can support investor optimism about margin improvement and multi‑year growth. EBITDA target & SOAR 2030
• Positive Sentiment: The company named George F. Schoen as EVP, General Counsel and Corporate Secretary — a governance/leadership hire investors often view as a small positive for execution risk. Executive hire
• Neutral Sentiment: Stephens trimmed its price target slightly (from $740 to $735) but kept an “overweight” stance, which still implies meaningful upside vs. recent levels and may temper downside from the earnings miss. Stephens PT change
• Neutral Sentiment: The full Q4 earnings call transcript and subsequent analyst write‑ups give granular color on volumes, pricing and cost dynamics — useful for assessing whether the miss is cyclical or signals longer‑term demand weakness. (See call transcript coverage.) Earnings call transcript
• Negative Sentiment: MLM missed Q4 revenue and EPS estimates and issued a cautious 2026 revenue outlook; that miss and softer guidance triggered an initial gap‑down and remains a near‑term headwind for sentiment. Earnings miss & guidance
• Negative Sentiment: Wells Fargo cut its price target to $612 and moved to “equal weight,” signaling concern from at least one major shop about near‑term demand, which increases downside risk if guidance disappoints again. Wells Fargo downgrade

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Stifel Nicolaus upped their target price on shares of Martin Marietta Materials from $637.00 to $681.00 and gave the company a “buy” rating in a research report on Tuesday, November 11th. Stephens lowered their price objective on Martin Marietta Materials from $740.00 to $735.00 and set an “overweight” rating for the company in a research note on Friday. Wall Street Zen lowered Martin Marietta Materials from a “hold” rating to a “strong sell” rating in a report on Saturday, November 8th. Truist Financial set a $710.00 price target on shares of Martin Marietta Materials in a research report on Thursday. Finally, Wells Fargo & Company lowered their price objective on shares of Martin Marietta Materials from $631.00 to $612.00 and set an “equal weight” rating for the company in a research note on Thursday. Nine research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $688.31.

Martin Marietta Materials Company Profile

Martin Marietta Materials, Inc (NYSE: MLM) is a leading producer of aggregates and heavy building materials serving the construction and infrastructure markets. The company operates quarries, sand and gravel pits, and other extraction sites to supply crushed stone, sand and gravel, and a range of value‑added products for use in roads, bridges, commercial and residential construction, and other civil engineering projects.

In addition to its core aggregates business, Martin Marietta manufactures and sells asphalt, ready‑mixed concrete and related materials and services.