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Martin Marietta Materials

American materials company

Martin Marietta Materials, Inc. is an American company that supplies aggregates, cement, asphalt, and heavy building materials.3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 19, 2026.

Overview

1993Founded1

Compare with Vulcan Materials Company, Sociedad Química y Minera de Chile or Knife River Corp, or pick any stock.

  • TickerMLM on NYSE1
  • Industrymining1
  • HeadquartersRaleigh1
  • Websitewww.martinmarietta.com
  • Legal formBusiness Corporation1
  • Incorporated inNC5
  • Business address4123 Parklake Ave, Raleigh, Nc 276125
  • Filer categoryLarge accelerated filer5
  • LEI5299005MZ4WZECVATV084
  • StatusActive4
  • LEI statusIssued and current4
  • Registered addressC/O CT Corporation System, 27615 Raleigh, United States4
  • Registered withCorporations Division (Department of the Secretary of State), 03337564
Martin Marietta Materials
Photo: Jeffrey Beall, CC BY 4.0, via Wikimedia Commons7

Martin Marietta Materials, Inc. is an American company that supplies aggregates, cement, asphalt, and heavy building materials. It has operations spanning 26 states, Canada, and the Caribbean. In particular, Martin Marietta Materials supplies resources for the construction of roads, sidewalks, and foundations.3

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

30.7%Gross margin8
23.4%Operating margin8
18.5%Net margin8
8.6%Revenue growth, 20258
11.3%Return on equity8
0.53×Debt to equity8
$978.0MFree cash flow8

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Cement and Ready Mixed Concrete brought in 56% of the revenue Martin Marietta Materials broke down this way in fiscal 2024.

  1. Cement and Ready Mixed Concrete$1.1B856%down 27% from 2023
  2. Asphalt and Paving Services$869.0M844%down 2% from 2023
Products and services by year
Products and services20232024
Cement and Ready Mixed Concrete$1.5B$1.1B
Asphalt and Paving Services$887.0M$869.0M

Business segments

Building Materials Business East Group brought in 52% of the revenue Martin Marietta Materials broke down this way in fiscal 2025.

  1. Building Materials Business East Group$3.2B852%up 9% from 2024
  2. Building Materials Business West Group$2.5B841%up 5% from 2024
  3. Specialties$441.0M87%up 38% from 2024
Business segments by year
Business segments202320242025
Building Materials Business East Group$2.8B$2.9B$3.2B
Building Materials Business West Group$2.8B$2.4B$2.5B
Specialties$315.0M$320.0M$441.0M

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Cost of revenue68¢$4.3B
  • Selling, general and admin7¢$443.0M
  • Interest4¢$230.0M
  • Income tax4¢$236.0M
  • Profit18¢$1.1B

Out of $6.2B in revenue.8

Where each dollar of operating cash went, fiscal 2025

  • Capital spending45¢$807.0M
  • Dividends paid11¢$197.0M
  • Share buybacks25¢$450.0M
  • Kept or used elsewhere19¢$331.0M

Out of $1.8B of cash from operations.8

Financial statements

Revenue91011128$6.2B in 2025+30% since 2019
0$2.0B$4.0B$6.0B$8.0B2019: $4.7B$4.7B20192020: $4.7B$4.7B2020−0%2021: $5.4B$5.4B2021+14%2022: $6.2B$6.2B2022+14%2023: $5.9B$5.9B2023−5%2024: $5.7B$5.7B2024−3%2025: $6.2B$6.2B2025+9%
Gross profit91011128$1.9B in 2025+60% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $1.2B$1.2B20192020: $1.3B$1.3B2020+6%2021: $1.3B$1.3B2021+8%2022: $1.4B$1.4B2022+6%2023: $1.7B$1.7B2023+23%2024: $1.6B$1.6B2024−6%2025: $1.9B$1.9B2025+15%
Operating income91011128$1.4B in 2025+62% since 2019
0$1.0B$2.0B$3.0B2019: $884.9M$884.9M20192020: $1.0B$1.0B2020+14%2021: $973.8M$973.8M2021−3%2022: $1.2B$1.2B2022+24%2023: $1.3B$1.3B2023+10%2024: $2.5B$2.5B2024+86%2025: $1.4B$1.4B2025−42%
Net income91011128$1.1B in 2025+86% since 2019
0$500.0M$1.0B$1.5B$2.0B2019: $611.9M$611.9M20192020: $721.0M$721.0M2020+18%2021: $702.5M$702.5M2021−3%2022: $867.0M$867.0M2022+23%2023: $1.2B$1.2B2023+35%2024: $2.0B$2.0B2024+71%2025: $1.1B$1.1B2025−43%

Every line of the income statement as filed: the last 3 fiscal years (annual) or 8 quarters (quarterly), latest first.8

Period ending2025-12-312024-12-312023-12-31
Revenues$6.2B$5.7B$5.9B
Cost of revenues$4.3B$4.0B$4.1B
Gross Profit$1.9B$1.6B$1.7B
Selling, general and administrative expenses$443.0M$429.0M$425.0M
Acquisition, divestiture and integration expenses$15.0M$50.0M$12.0M
Other operating income, net-$6.0M-$1.3B-$25.0M
Earnings from Operations$1.4B$2.5B$1.3B
Interest expense$230.0M$169.0M$165.0M
Other nonoperating income, net-$19.0M-$56.0M-$58.0M
Earnings from continuing operations before income tax expense$1.2B$2.4B$1.2B
Income tax expense$236.0M$550.0M$234.0M
Earnings from continuing operations$990.0M$1.8B$992.0M
Earnings from discontinued operations, net of income tax expense$147.0M$180.0M$178.0M
Consolidated net earnings$1.1B$2.0B$1.2B
Less: Net earnings attributable to noncontrolling interests$0$1.0M$1.0M
Net Earnings Attributable to Martin Marietta$1.1B$2.0B$1.2B
Basic from continuing operations attributable to common shareholders$16$30$16
Basic from discontinued operations attributable to common shareholders$2$3$3
Total basic attributable to common shareholders$18.81$32.50$18.88
Diluted from continuing operations attributable to common shareholders$16$30$16
Diluted from discontinued operations attributable to common shareholders$2$3$3
Total diluted attributable to common shareholders$18.77$32.41$18.82
Basic60.5M shares61.4M shares61.9M shares
Diluted60.6M shares61.6M shares62.1M shares

Compare Martin Marietta Materials with another company

The story

The present-day materials business is distantly descended from Superior Stone, an aggregates company founded in 1939 by brothers Willam Trent Ragland and Edmond Ragland in Raleigh, North Carolina. In 1959, the company, led by William Trent Ragland as president, merged with the American-Marietta Corporation, which merged with the Glenn L. Martin Company a year later to form the Martin Marietta Corporation in 1961. In 1971, Martin Marietta acquired Harvey Aluminum, a company which made aluminum oxide, aluminum ingot and aircraft grade aluminum sheet. William Trent Ragland continued as CEO until 1977, after retiring and becoming Emeritus Senior Vice President. Martin Marietta merged with Lockheed Corporation in 1995, and a year later, Martin Marietta Materials was spun off as an independent company, with Lockheed Martin retaining various aerospace, defense, and other manufacturing lines of business.

In 2014, the company acquired Texas Industries for $2 billion.

Martin Marietta's Magnesia Specialties business provides a full range of magnesium oxide, magnesium hydroxide, and dolomitic lime products.

From Wikipedia’s article on Martin Marietta Materials, shared under CC BY-SA 4.0.6

Leadership

Who has led Martin Marietta Materials, and when. Pick a name to see everywhere that person has worked.

Board members and other officers (44)

Timeline

  1. Jan 29, 2010New chief executive C. Howard Nye becomes CEO16
  2. Feb 2, 2006New chief executive Stephen P. Zelnak Jr. becomes CEO17
  3. 1993Founded Founded1

Filings

445 filings to the SEC since October 2021: 5 annual reports, 15 quarterly reports, 70 major events, 287 insider forms, 23 large holders, 45 other. The latest 20:

  1. Sep 18, 2026SD EDGAR
  2. Sep 16, 20268-K CURRENT REPORT EDGAR
  3. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  4. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  5. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  6. Sep 2, 20264 PRIMARY DOCUMENT EDGAR
  7. Aug 25, 20264 PRIMARY DOCUMENT EDGAR
  8. Aug 24, 2026SCHEDULE 13D EDGAR
  9. Aug 24, 20263 EDGAR
  10. Aug 24, 20263 EDGAR
  11. Aug 24, 20268-K CURRENT REPORT EDGAR
  12. Aug 18, 20268-K CURRENT REPORT EDGAR
  13. Aug 14, 20268-K EDGAR
  14. Aug 13, 2026424B2 EDGAR
  15. Aug 12, 20268-K EDGAR
  16. Aug 11, 2026FWP EDGAR
  17. Aug 10, 2026424B5 EDGAR
  18. Aug 10, 20268-K EDGAR
  19. Aug 7, 2026SCHEDULE 13G EDGAR
  20. Aug 5, 20268-K CURRENT REPORT EDGAR

The 445 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

10 open-market trades by officers, directors and large owners since October 2021: 1 buys and 9 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Aug 8, 2025PEREZ LAREE EDirectorSale1,038$613.32$636.6KForm 4
Mar 5, 2025McCunniff Donald A.EVP and CHROSale1,332$475.00$632.7KForm 4
Mar 4, 2025Petro Michael JSVP and CFOBuy550$454.37$249.9KForm 4
Mar 14, 2024BAR ROSELYN RExecutive Vice PresidentSale10,000$603.29$6.0MForm 4
Mar 5, 2024Nye C HowardChairman, Pres & CEOSale20,000$604.26$12.1MForm 4
Feb 16, 2024COLE SUE WDirectorSale1,724$543.48$937.0KForm 4
Aug 21, 2023LaTorre Craig MSr. VP, CHROSale1,934$431.68$834.9KForm 4
Jul 28, 2023LaTorre Craig MSr. VP, CHROSale500$447.09$223.5KForm 4
Nov 18, 2022COLE SUE WDirectorSale1,685$355.61$599.2KForm 4
Jun 10, 2022Mohr John PSVP - CIOSale0$321.75$145Form 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

Held by these funds

The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 100. Change is in shares since the quarter before.

FundSharesValueShare of the fundChange
BlackRock, Inc.4,692,446$2.7B0.0%+6,689
Vanguard Capital Management LLC3,929,705$2.3B0.0%+12,322
Vanguard Portfolio Management LLC3,197,395$1.8B0.1%+36,951
State Street Corp3,159,639$1.8B0.1%+282,071
Bank Of America Corp /de/2,446,762$1.4B0.1%+46,983
Fmr LLC2,192,603$1.3B0.1%−415,376
Principal Financial Group Inc2,116,369$1.2B0.6%+22,427
Aristotle Capital Management, LLC1,831,597$1.1B2.2%−123,503
Victory Capital Management Inc1,783,432$1.0B0.6%+146,285
Geode Capital Management, LLC1,601,490$919.9M0.0%+12,556
Jpmorgan Chase & Co1,466,887$852.6M0.0%−393,339
Tci Fund Management Ltd1,315,109$758.4M1.4%New
Goldman Sachs Group Inc1,163,330$670.9M0.1%+277,475
Morgan Stanley1,012,016$583.6M0.0%−329,585
Select Equity Group, L.P.1,011,255$583.2M3.1%−22,165
Baillie Gifford & Co991,786$572.0M0.5%−95,594
Gardner Russo & Quinn LLC705,367$406.8M4.6%−10,044
King Luther Capital Management Corp653,184$376.7M1.6%−13,538
Invesco Ltd.649,575$374.6M0.0%−41,338
Alkeon Capital Management LLC627,351$361.8M1.4%−120,000
Dimensional Fund Advisors LP586,145$338.1M0.1%+39,975
Northern Trust Corp570,346$328.9M0.0%−16,155
Norges Bank557,143$321.3M0.0%New
Charles Schwab Investment Management Inc492,536$284.0M0.0%+32,017
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.486,058$280.3M0.3%+38,010

13F reports cover disclosed long positions in U.S. stocks only.

Members of Congress who traded it

19 trades disclosed by members of Congress. “Vs S&P since” is the stock’s change since the trade minus the S&P 500’s.

DateMemberTradeAmountVs S&P sinceFiling
Aug 25, 2026April McClain DelaneyDemocratic, HouseSale$250,001 - $500,000+8.4%Report
Aug 19, 2026April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−8.6%Report
Jul 24, 2026April McClain DelaneyDemocratic, HouseBuy$15,001 - $50,000−16.7%Report
Jul 20, 2026April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−15.3%Report
Jul 17, 2026April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−16.5%Report
May 28, 2026April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−16.9%Report
Apr 9, 2026Josh GottheimerDemocratic, HouseSale$15,001 - $50,000+35.0%Report
Mar 9, 2026April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−33.6%Report
Dec 2, 2025April McClain DelaneyDemocratic, HouseBuy$1,001 - $15,000−32.4%Report
Sep 23, 2025Val T. HoyleDemocratic, HouseSale$1,001 - $15,000+36.5%Report
Aug 1, 2025April McClain DelaneyDemocratic, HousePartial sale$1,001 - $15,000+39.1%Report
Jun 10, 2025Lisa C. McClainRepublican, HouseSale$1,001 - $15,000+39.4%Report
Dec 11, 2024Lisa C. McClainRepublican, HouseBuy$1,001 - $15,000−39.4%Report
Oct 29, 2024Val T. HoyleDemocratic, HouseBuy$1,001 - $15,000−48.5%Report
Nov 30, 2022Dan SullivanRepublican, SenateSale$1,001 - $15,000+55.3%Report
Nov 7, 2018Thomas R. SuozziDemocratic, HouseSale$50,001 - $100,000+15.8%Report
Oct 15, 2018Thomas R. SuozziDemocratic, HouseBuy$50,001 - $100,000+10.1%Report
Oct 2, 2018Thomas R. SuozziDemocratic, HouseBuy$15,001 - $50,000+0.9%Report
Oct 1, 2018Thomas R. SuozziDemocratic, HouseBuy$15,001 - $50,000+1.9%Report

Members report amounts as ranges, not exact figures. Returns are price-only (no dividends).

Sources

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