Martin Marietta reported second-quarter revenue of $1.95 billion and adjusted earnings of $5.00 per share. Revenue missed the $2.12 billion consensus estimate, while adjusted EPS surpassed the expected $4.62.

Key Highlights

  • Record second-quarter revenue increased 21% year-over-year to $1.95 billion, driven by strong volumes and contributions from recent acquisitions.
  • Aggregates shipments increased 17.0% to a record 61.6 million tons, though the average selling price (ASP) declined 2.0% due to acquisition-related product mix headwinds.
  • The company raised its full-year 2026 revenue guidance to a range of $7.2 billion to $7.4 billion, while reaffirming its Adjusted EBITDA outlook.