MLM · 10-Q · 2026Q3 · Full report

Market Demand Trends

MARTIN MARIETTA MATERIALS INC · 2026-11-04 · Importance 42 · Surprise 40

Third-quarter results reflected softer market demand across Martin Marietta’s heritage operations, while aggregates shipments were boosted by acquired operations. Aggregates shipments rose 15.9% to a record 67.1 million tons, but organic shipments declined 1.1% year over year. Organic aggregates ASP increased 1.0%, or 2.7% on a mix-adjusted basis, despite the reported ASP decline from acquisition-related mix. The nine-month comparison showed organic aggregates shipments up 2.2% and organic ASP up 1.5%.

Key facts

• Martin Marietta identifies shipment declines caused by economic or weather events, widespread aggregates price declines, and reduced shipments negatively affecting price as risks to its business. source
• Martin Marietta identifies federal, state or local transportation, infrastructure and public-project funding levels and timing, including in Texas, North Carolina, Colorado, California, Georgia, Florida, South Carolina, Arizona, Iowa and Minnesota, as a business risk. source
• Martin Marietta identifies construction spending levels in its markets and sustained high mortgage rates slowing private construction in some areas as risks. source