MLM · 10-Q · 2026Q3

MARTIN MARIETTA MATERIALS INC

Filed 2026-11-04 · Energy · View original filing on EDGAR

Everything MLM's SEC filings said, ranked

Ranked Events

• Interest Expense IncreaseImportance 77 · Surprise 82
  Third-quarter 2026 interest expense increased to $138 million from $59 million, reflecting debt raised to finance the LNA acquisition and a $27 million amortized bridge-funding commitment fee. Nine-month interest…
• Acquisition / Partnership / DivestitureImportance 71 · Surprise 60
  On August 21, 2026, Martin Marietta completed its $12.9 billion acquisition of Lhoist North America (LNA), paying $7.0 billion in cash and issuing 10,953,543 shares valued at $5.9 billion. LNA operates 20 quarries and…
• Balance Sheet and LiquidityImportance 64 · Surprise 42
  To finance the LNA acquisition, the Company issued $5.5 billion of senior unsecured notes and borrowed $1.5 billion under a three-year senior unsecured term loan; the full $1.5 billion term loan was outstanding at…
• Operating Cash Flow TrendsImportance 59 · Surprise 48
  Cash provided by operating activities was $896 million for the nine months ended September 30, 2026, versus $1.2 billion in the prior-year period. The Company attributed 2026 operating cash flow in part to higher…
• Revenue Performance and MixImportance 59 · Surprise 48
  For the third quarter of 2026, consolidated revenue was $2.369 billion versus $1.846 billion a year earlier, with Building Materials revenue of $2.007 billion and Specialties revenue of $362 million. Aggregates revenue…
• Market Demand TrendsImportance 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…
• Capital AllocationImportance 40 · Surprise 30
  Martin Marietta repurchased 325,455 shares during the first nine months of 2026 at an average price of $614.52, for an aggregate cost of $200 million. At September 30, 2026, 10.7 million shares remained available under…
• Gross Margin DriversImportance 39 · Surprise 50
  Third-quarter aggregates gross profit decreased 4% year over year, primarily because of higher depreciation, depletion and amortization and energy-related costs. For the nine months, aggregates gross profit fell 3% to…
• Specialties Market DemandImportance 36 · Surprise 40
  The Specialties business reported strong organic performance in the third quarter, with organic revenues increasing 11% and organic gross profit increasing 6%. The reported record results also included contributions…
• Income Tax Rate ChangesImportance 33 · Surprise 50
  The effective income tax rate for continuing operations was 21.2% for the nine months ended September 30, 2026, compared with 20.0% in the prior-year period. The nine-month 2026 net earnings comparison included an…
• Operating Expense TrendsImportance 31 · Surprise 32
  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…

Revenue by Product (in millions)