earnings
confidence high
sentiment positive
materiality 0.80
Martin Marietta Q4 aggregates records; FY GAAP earnings down 45%, adj EBITDA up 17%; guides 2026
MARTIN MARIETTA MATERIALS INC
2025-FY EPS reported
$18.77
revenue$6,150,000,000
- Q4 revenue $1.534B (+9% YoY); aggregates shipments up 2% to 48.9M tons, ASP +5.3% to $23.11.
- Full-year GAAP net earnings from cont ops $990M (-45%) due to prior-year divestiture gain; Adj EBITDA $2.065B (+17%).
- Aggregates gross profit per ton for FY up 12% to $8.45; record margins despite macro softness.
- 2026 guidance: revenue $6.42-6.78B, Adj EBITDA $2.16-2.31B; aggregates volume +1-3%, ASP +4-6%.
- QUIKRETE asset exchange closing Q1 2026; acquired CRH Minnesota assets in Dec 2025; record cash from ops $1.79B.