Form 10-Q · Quarterly report
Martin Marietta Materials 10-Q, filed Nov 4, 2026
- Filed
- CIK
- 0000916076
- Accession no.
- 0001193125-26-447418
Summary
Martin Marietta Materials reported third-quarter 2026 revenue of $2.37 billion, up from $1.85 billion in the prior-year quarter, with record aggregates shipments of 67.1 million tons driven by acquisitions, while net earnings from continuing operations attributable to the company fell to $256 million, or $3.94 per diluted share, from $361 million, or $5.97 per diluted share. The company completed its $12.9 billion business combination with Lhoist North America on August 21, 2026 and its asset exchange with QUIKRETE Holdings on February 23, 2026.
Key points
- Martin Marietta Materials completed its $12.9 billion combination with Lhoist North America on August 21, 2026, paying $7.0 billion in cash and issuing 10,953,543 shares valued at $5.9 billion; Lhoist is reported in the Specialties segment.
- In the February 2026 asset exchange with QUIKRETE Holdings, Martin Marietta acquired operations producing about 20 million tons of aggregates annually in Virginia, Missouri, Kansas and Vancouver, British Columbia, plus an asphalt and paving business and $450 million in cash, while QUIKRETE acquired the Midlothian cement plant, related cement terminals, Texas ready mixed concrete assets and…
- Third-quarter aggregates shipments rose 15.9% to a record 67.1 million tons on acquisition contributions, while average selling price per ton fell 3.6% to $22.41 on acquisition-related mix; organic shipments slipped 1.1% and organic ASP rose 1.0%.
- Interest expense rose to $138 million from $59 million, reflecting $5.5 billion of publicly traded debt and $1.5 billion in term loan borrowings, and acquisition, divestiture and integration expenses were $84 million for the quarter.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
From the filing
ITEM 2. MANAGEMENT'S DISCUSSION OVERVIEW Martin Marietta Materials, Inc. (the Company or Martin Marietta) is a natural resource-based building materials company. As of September 30, 2026, the Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 500 quarries, mines and distribution yards in 29 states, Canada and The Bahamas. Martin Marietta also provides other building materials, namely, asphalt and paving services and ready mixed concrete, in select vertically integrated markets where the Company has a notable aggregates position. …
An excerpt of the text as filed with the SEC, cut for length.
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