earnings
confidence high
sentiment positive
materiality 0.75
Martin Marietta Q2 revenue up 21% to record $1.947B; raises FY revenue guidance
MARTIN MARIETTA MATERIALS INC
- Revenues $1.947B (+21% YoY); net earnings $256M ($4.26 diluted EPS) vs $292M ($4.84) last year.
- Adjusted EBITDA from continuing ops $638M (+13% YoY); adjusted EPS $5.00 (+3% YoY).
- Aggregates shipments 61.6M tons (+17% YoY); ASP $22.74/ton (-2% YoY); gross profit per ton $6.78 (-17%).
- Raises full-year 2026 revenue guidance; reaffirms adjusted EBITDA guidance; expects $350M cash flow from operational efficiency.