MLM · 10-Q · 2026Q3 · Full report

Operating Expense Trends

MARTIN MARIETTA MATERIALS INC · 2026-11-04 · Importance 31 · Surprise 32 · No source text

Consolidated SG&A was 5.6% of revenue in the third quarter of 2026, down from 6.0% in the prior-year quarter, as revenue growth outpaced SG&A growth. For the first nine months, SG&A was 6.7% of revenue versus 7.4% in 2025 for the same reason. Acquisition, divestiture and integration expenses were $84 million in the third quarter and $107 million for the nine months, primarily related to the LNA Transaction and, year to date, the QUIKRETE asset exchange. The nine-month results also included $78 million of acquired-inventory markup expense within aggregates gross profit.

Key facts

• Consolidated SG&A was 5.6% of revenues in third-quarter 2026, versus 6.0% in the prior-year quarter, as revenue growth outpaced the increase in SG&A expenses. source
• Martin Marietta incurred $84 million of acquisition, divestiture and integration expenses in third-quarter 2026, primarily related to the LNA Transaction. source
• Martin Marietta incurred $107 million of acquisition, divestiture and integration expenses in the first nine months of 2026, primarily related to the LNA Transaction and QUIKRETE asset exchange. source
• Consolidated SG&A was 6.7% of revenues for the nine months ended September 30, 2026, versus 7.4% in the prior-year period, as revenue growth outpaced SG&A expense growth. source

Impact estimates