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Martin Marietta Reports Record Third-Quarter 2026 Results and Updates Full-Year 2026 Guidance

Globe Newswire•04/11/2026•06:54 ET
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Key Highlights

  • ➤Q3 revenue $2.369B, up 28% year over year
  • ➤Q3 Adjusted EBITDA $808M, up 21% year over year
  • ➤LNA combination completed for $12.9B, including $7.0B cash
  • ➤2026 revenue guidance midpoint set at $7.80B
  • ➤2026 Adjusted EBITDA guidance midpoint set at $2.475B

Expert Statements

Ward Nye, Chair, President and CEO of Martin Marietta

“Martin Marietta delivered record quarterly revenues of $2.37 billion and Adjusted EBITDA from continuing operations of $808 million, representing increases of 28% and 21%, respectively, over the prior year third quarter, as strong performance from recent acquisitions more than offset the effects of expanding inflationary pressures and a dynamic macroeconomic environment.”

Ward Nye, Chair, President and CEO of Martin Marietta

“The third quarter marked a defining milestone in Martin Marietta's portfolio transformation with the completion of our combination with Lhoist North America (LNA) on August 21.”

Ward Nye, Chair, President and CEO of Martin Marietta

“Since the closing date, LNA delivered revenues, gross profit and cash gross profit(1) of $216 million, $51 million and $115 million, respectively, providing early validation of the strategic and financial merits of the higher-quality, more resilient and diversified portfolio we have intentionally built.”

Ward Nye, Chair, President and CEO of Martin Marietta

“With the closing of LNA, we have updated the midpoints of our full-year 2026 Revenue and Adjusted EBITDA guidance to $7.80 billion and $2.48 billion, respectively, as acquisition contributions are anticipated to more than offset lower near-term expectations for our heritage operations.”

Ward Nye, Chair, President and CEO of Martin Marietta

“In 2027, we expect mid- to high-single digit aggregates pricing on a mix-adjusted basis, supported by January 1 pricing actions designed to address inflationary cost pressures.”

Ward Nye, Chair, President and CEO of Martin Marietta

“Acquired operations, which currently have selling prices below the Company average, provide meaningful opportunity for continued pricing growth.”

Ward Nye, Chair, President and CEO of Martin Marietta

“From an end market perspective, we currently expect continued strength in infrastructure and data centers with softer interest rate-sensitive private construction markets.”

Ward Nye, Chair, President and CEO of Martin Marietta

“As we integrate this year’s acquisitions, we remain focused on safety, commercial and operational excellence, and disciplined execution of the matters within our control.”

Ward Nye, Chair, President and CEO of Martin Marietta

“Martin Marietta has a proven playbook for responding decisively to changing market conditions, managing inflationary pressures, protecting profitability and maximizing free cash flow.”

Ward Nye, Chair, President and CEO of Martin Marietta

“That playbook is already delivering results, with disciplined inventory management and capital spending reductions alone contributing over $290 million of year-to-date cash flow improvement.”

Ward Nye, Chair, President and CEO of Martin Marietta

“Looking ahead, January 1 pricing actions and further structural cost improvements are expected to restore a positive price-cost relationship in 2027.”

Ward Nye, Chair, President and CEO of Martin Marietta

“With today's broader end-market exposure and more resilient earnings profile, Martin Marietta is better positioned to navigate near-term uncertainty while capitalizing on the attractive long-term fundamentals of our business.”

Strong Acquisition Performance Drives Record Results Despite Inflationary Pressures

Lhoist North America (LNA) Combination Advances Portfolio Transformation

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