Martin Marietta swaps cement for Quikrete aggregates plus $450M; raises 2025 EBITDA guidance

MARTIN MARIETTA MATERIALS INC

Agreed to exchange Midlothian cement plant and N. Texas ready-mix assets for Quikrete aggregates (~20M tons/yr) and $450M cash; close expected Q1 2026.
Completed acquisition of Premier Magnesia, LLC, a magnesia-based products producer with operations in NV, NC, IN, PA.
Preliminary Q2 2025 revenue $1.81B, net earnings $328M, Adjusted EBITDA $630M.
Raising full-year 2025 Adjusted EBITDA guidance to $2.30B midpoint, driven by strong H1 and Premier contribution.

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