Martin Marietta Q4 revenue misses estimates

Martin Marietta Materials

11/02/2026 12:03

Overview

Aggregates supplier's Q4 revenue missed analyst expectations

Adjusted EBITDA for Q4 rose 10% yr/yr

Outlook

Martin Marietta expects 2026 revenue between $6.42 bln and $6.78 bln

Company anticipates low single-digit improvement in 2026 aggregates shipments

Martin Marietta projects 2026 adjusted EBITDA between $2.16 bln and $2.31 bln

Result Drivers

AGGREGATES PERFORMANCE - Record aggregates revenues and gross profit driven by strategic discipline and favorable market conditions

SPECIALTIES GROWTH - Specialties business achieved record revenues and gross profit, aided by organic pricing gains and Premier Magnesia contributions

SHIPMENT INCREASE - Aggregates shipments rose 2% due to infrastructure and nonresidential construction activity, favorable weather, and acquisitions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$1.53 bln
$1.57 bln (11 Analysts)
Q4 EPS
$4.62
Q4 Net Income
$279 mln
Q4 EPS continuing operations
$3.85


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 13 "strong buy" or "buy", 12 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the construction materials peer group is "buy"

Wall Street's median 12-month price target for Martin Marietta Materials Inc is $692.50, about 2.2% below its February 10 closing price of $708.11

The stock recently traded at 33 times the next 12-month earnings vs. a P/E of 29 three months ago

Press Release: ID:nGNXbPtMm

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)