Martin Marietta Reports First-Quarter 2026 Results

Martin Marietta Materials, Inc. reported a strong start to 2026 with a 17% increase in first-quarter revenues, reaching a new record. Organic aggregates shipments grew by 7%, exceeding expectations due to early construction season and robust infrastructure demand. The company saw a 14% improvement in Adjusted EBITDA and Adjusted earnings per diluted share from continuing operations. Key developments include the completion of an asset exchange with QUIKRETE, which provided $450 million in cash for M&A, and a definitive agreement to acquire New Frontier Materials. Martin Marietta reaffirmed its full-year 2026 Adjusted EBITDA guidance of $2.43 billion at the midpoint, citing continued product demand and April 1 price increases. The company highlighted its aggregates-focused portfolio and ongoing SOAR 2030 initiatives as drivers for future value creation. First-quarter aggregates shipments increased by 12.4%, with average selling prices remaining stable. The Specialties business achieved record revenues and gross profit. The company also reported a record first-quarter cash generation from operating activities and maintained a strong liquidity position.