MLM
Martin Marietta Materials, Inc.629.49
-4.39-0.69%
Dec 16, 4:00:02 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
37.96BP/E (TTM)
32.36Basic EPS (TTM)
19.45Dividend Yield
0.01%Recent Filings
8-K
10-Q
8-K
Extended $400M receivables facility
Martin Marietta Materials extended its $400 million trade receivables securitization facility to September 16, 2026, via the Seventeenth Amendment, while keeping the potential to expand to $600 million. Borrowings now carry interest at Adjusted Term SOFR plus 0.700%, down from prior terms, aiding liquidity amid steady operations. An amortization event triggers if material debt defaults occur. This bolsters funding flexibility without added costs.
8-K
SOAR 2030 plan unveiled
Martin Marietta unveiled its SOAR 2030 plan at the September 3, 2025, Capital Markets Day, codifying the Martin Operating System to align sales and production for precision pricing and cost management. This builds on SOAR's track record, targeting 250 bps aggregates price/cost spread expansion and low double-digit EBITDA CAGR through 2030, fueled by organic growth and M&A in high-growth markets. Yet risks like economic downturns loom large. SOAR 2030 sharpens the edge.
8-K
Q2 records, raised guidance
Martin Marietta posted Q2 2025 revenues of $1.811 billion, up 3% from last year, with aggregates gross profit hitting a record $430 million on 7% higher pricing despite flat shipments. Magnesia Specialties notched record revenues of $90 million and 40% gross margins, fueled by pricing and efficiency. The company raised full-year Adjusted EBITDA guidance to $2.25-$2.35 billion, while sealing the Premier acquisition and inking an asset swap with Quikrete for $450 million cash and 20 million tons of annual aggregates capacity. Portfolio shifts bolster cycle resilience, yet weather and market softness pose shipment risks.
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