Martin Marietta Materials, Inc. (NYSE:MLM) reported strong first-quarter results and issued FY26 sales guidance below estimates.
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Revenue of $1.36 billion, up 17% year-over-year, beat the consensus of $1.31 billion.
Net earnings from continuing operations fell 24% Y/Y to $79 million. EPS reached $1.93, which beat the street view of $1.70.
Adjusted EBITDA from continuing operations grew 14% Y/Y to $364 million. Gross profit fell 2% Y/Y to $310 million. Cash from operating activities for the year totaled $227 million, which is a first-quarter record.
The company returned $251 million to shareholders through dividends and repurchases in 2025. As of March 31, the company had 10.7 million shares remaining available under the current repurchase authorization.
Martin Marietta ended the quarter with $273 million in cash and cash equivalents and $1.2 billion in available credit.