← Who reports today · Materials
MLM · Q2 2026
Archived report (Q2 2026). Latest deep dive →
The quarter in brief
Revenue grew 21.0% y/y to $1.95B, operating margin 19.1% vs 25.7%, net income $251M (−23.5% y/y).
Net Earnings Attributable to Martin Marietta
$251M
down 23.5% y/y
Revenues
$1,947M
up 21.0% y/y
Earnings from Operations
$372M
down 9.9% y/y
Gross Profit
$495M
down 0.2% y/y
All figures in $M.
| Line item | Amount and change |
|---|---|
| Revenues | $1,947 · +21.0% |
| Cost of revenues | $1,452 · +30.5% |
| Gross Profit | $495 · −0.2% · 25.4% margin |
| Selling, general and administrative expenses | $116 · +11.5% |
| Acquisition, divestiture and integration expenses | $18 · +800% |
| Other operating income, net | $11 · −52.2% |
| Earnings from Operations | $372 · −9.9% · 19.1% margin |
| Interest expense | $59 · +3.5% |
| Other nonoperating income, net | $7 · −22.2% |
| Earnings from continuing operations before income tax expense | $320 · −12.3% |
| Income tax expense | $64 · −12.3% · 20.0% effective rate |
| (Loss) Earnings from discontinued operations, net of income tax (benefit) expense | $5 · vs $36 |
| Net Earnings Attributable to Martin Marietta | $251 · −23.5% · $4.17/sh · 12.9% margin |
Verdict: revenue grew 21.0% y/y to $1.95B, operating margin 19.1% vs 25.7%, net income $251M (−23.5% y/y).
Earnings per diluted share from continuing operations $4.26 vs $4.84 a year earlier; adjusted EBITDA from continuing operations $638 million, up 13% (non-GAAP); aggregates shipments 61.6 million tons, up 17%.
Source and notation
Source: Martin Marietta Materials press release, 8-K EX-99.1 of 07/30/2026 (SEC EDGAR). Every figure was matched against the income statement in the release and checked against SEC XBRL.
Open as an image: MLM, Q2 2026 (PNG) ↗ · for sharing and presentations · free to reuse, CC BY 4.0
Cite / embed this chart
Free to use in articles, research and social posts with credit to Who Reports Today and a link — licensed under CC BY 4.0 (terms).
Chart: “MLM Q2 2026: where the revenue went” by Who Reports Today, https://whoreportstoday.com/t/mlm/q2-2026. Licensed under CC BY 4.0.
<figure> <a href="https://whoreportstoday.com/t/mlm/q2-2026"><img src="https://whoreportstoday.com/t/mlm/q2-2026/sankey.png" alt="MLM Q2 2026: where the revenue went" loading="lazy" style="max-width:100%;height:auto"></a> <figcaption>Source: <a href="https://whoreportstoday.com/t/mlm/q2-2026">Who Reports Today</a>, licensed under <a href="https://creativecommons.org/licenses/by/4.0/">CC BY 4.0</a></figcaption> </figure>
https://whoreportstoday.com/t/mlm/q2-2026/sankey.png
<a href="https://whoreportstoday.com/t/mlm/q2-2026">MLM Q2 2026 earnings chart (Who Reports Today)</a>
This is an archived report: the image at this link won’t change. If you change the chart (crop, translate), say so in the credit. Company logos and trademarks are not covered by the license.
- Revenues rose 21% to a second-quarter record of $1,947M on organic growth and acquisitions, but gross profit was flat at $495M: it included a $52 million charge for selling acquired inventory marked up to fair value.
- Figures are shown for continuing operations; prior-year revenue is restated, and the divested business appears as discontinued operations (a $5M loss vs $36M of earnings a year earlier).
- Gross margin was 25.4% vs 30.8% a year earlier.
- Operating income was $372M, a 19.1% margin vs 25.7% a year earlier.
- The effective tax rate was 20.0% vs 20.0% a year earlier.
- Diluted EPS was $4.17 vs $5.43 a year earlier.
What distorts the picture in this report and what to watch beyond the headlines.
MLM — Martin Marietta Materials is a supplier of aggregates (crushed stone, sand and gravel) and heavy building materials for infrastructure, nonresidential and residential construction in the U.S. Headquarters: Raleigh, North Carolina.
Heads-up
- net income fell 24% y/y in Q2 2026
Net income for Q2 2026: $251M, −24% y/y. In the report's figures: costs grew faster than revenue: cost of revenues +31% y/y, acquisition, divestiture and integration expenses +800% y/y. Based on the Q2 2026 report.
The company's report ↗More reports: MOS · Q3 2026 · NEM · Q3 2026 · NUE · Q3 2026 · PKG · Q3 2026 · PPG · Q3 2026 · SHW · Q3 2026 · STLD · Q3 2026 · SW · Q3 2026 · VMC · Q3 2026 · ALB · Q2 2026 · all reports