---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-050196"
form_type: "8-K"
ticker: "MLM"
cik: "0000916076"
company_name: "MARTIN MARIETTA MATERIALS INC"
filed_at: "2024-04-30T23:59:59+00:00"
generated_at: "2026-06-03T05:16:13.875704+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Martin Marietta Q1 EPS $16.87 on $1.3B divestiture gain; adj. EBITDA -10% to $291M

## Summary
- Total revenues $1.251B, down 8% YoY; gross profit $272M, down 10%.
- Earnings from operations $1.421B, up 625%, driven by $1.3B nonrecurring gain on divestiture.
- Aggregates gross profit per ton up 14% to $6.53; Magnesia Specialties record quarterly gross profit.
- Full-year 2024 guidance raised to $2.37B at the midpoint for adjusted EBITDA.
- Adjusted EBITDA from continuing operations $291M, down 10% YoY.

## SEC filing metadata
- accession: 0000950170-24-050196
- form_type: 8-K
- ticker: MLM
- cik: 0000916076
- company_name: MARTIN MARIETTA MATERIALS INC
- filed_at: 2024-04-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/916076/000095017024050196/0000950170-24-050196-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/916076/000095017024050196/mlm-20240430.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-050196
- JSON: https://secwatch.observer/filing/0000950170-24-050196.json
- Plain text: https://secwatch.observer/filing/0000950170-24-050196.txt

## Key facts
- Earnings Releases
  MARTIN MARIETTA MATERIALS INC reported the first quarter ended March 31, 2024 results: revenue $1,251, net income $1,045, EPS $16.87. Guidance raised.
  - Period: the first quarter ended March 31, 2024
  - Revenue: $1,251
  - Net income: $1,045
  - EPS: $16.87
  - Guidance: raised
  - Result: reported results
  source text: 2024. First-Quarter Highlights (Financial highlights are for continuing operations) Quarter Ended March 31, (In millions, except per share) 2024 2023 % Change Total revenues 1 $ 1,251 $ 1,354 (8)% Gross profit $ 272 $ 303 (10)% Earnings from operations 2 $ 1,421 $ 196 625% Net earnings from continuing operations attributable to Martin Marietta 2 $ 1,045 $ 134
  evidence_url: https://www.sec.gov/Archives/edgar/data/916076/000095017024050196/0000950170-24-050196-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.