James A.J. Nickolas
On April 9, 2025, James A.J. Nickolas notified Martin Marietta of his decision to resign as Executive Vice President and Chief Financial Officer, effective April 11, 2025
Highest-materiality recent filing
Martin Marietta Q1 revenues +17% to $1.36B; adj EPS +14%; reaffirms FY guidance
Revenues $1.36B (+17% YoY); GAAP EPS $1.31 (-23%), adjusted EPS $1.93 (+14%).
Martin Marietta completes asset exchange with Quikrete; gets aggregates ops, $450M cash
Acquired aggregates operations producing ~20M tons/year in VA, MO, KS, and Vancouver, BC plus $450M cash.
Martin Marietta Q4 aggregates records; FY GAAP earnings down 45%, adj EBITDA up 17%; guides 2026
Q4 revenue $1.534B (+9% YoY); aggregates shipments up 2% to 48.9M tons, ASP +5.3% to $23.11.
Martin Marietta Q3 revenue $1.85B (+12% YoY), EPS $5.97; raises FY25 guidance
Record quarterly aggregates revenues of $1.46B (+17% YoY); shipments up 8%, price up 8%.
Martin Marietta swaps cement assets for Quikrete aggregates and $450M cash
Martin Marietta transfers its Midlothian cement plant and North Texas ready-mix concrete operations to Quikrete.
Martin Marietta Q2 EPS $5.43, revenue $1.81B; raises FY 2025 Adjusted EBITDA guidance
Record Q2 aggregates gross profit of $430M (+9% YoY) and gross margin 33% (+94 bps).
Martin Marietta swaps cement for Quikrete aggregates plus $450M; raises 2025 EBITDA guidance
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.
Martin Marietta appoints Michael J. Petro as CFO, replacing interim CFO Cardin
Michael J. Petro named SVP and CFO effective July 8, 2025; previously led Strategy and Development.
Martin Marietta Q1 2025: record adj EBITDA $351M; aggregates gross profit per ton up 16%
Revenue $1.35B +8% YoY; gross profit $335M +23% YoY; Adj EBITDA $351M +21% YoY.
Martin Marietta pre-announces Q1 revenue $1.353B, net $116M; CFO resigns, interim named
Preliminary Q1 2025 revenue $1.353B, net earnings $116M, adjusted EBITDA $351M.
Q4 diluted EPS $4.79 (+3% YoY); revenue $1.632B (+1%); adjusted EBITDA $545M (+8%).
On April 9, 2025, James A.J. Nickolas notified Martin Marietta of his decision to resign as Executive Vice President and Chief Financial Officer, effective April 11, 2025
On April 10, 2025, the Company appointed Robert J. Cardin, age 61, to serve as the Company’s Interim Chief Financial Officer, effective as of the Transition Date
Max materiality 0.85 · Median 0.70 · Most common event earnings