Filing Flows

Filing Flows › Materials › Martin Marietta Materials (MLM)

Martin Marietta Materials (MLM) earnings and revenue breakdown

Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Martin Marietta Materials (MLM) Q3 2026 earnings results →

Q3 2026 Revenue up 28% year over year to $2.4B · 11¢ of every $1 of revenue kept as net profit · operating margin 18.5%

Martin Marietta Materials made $2.4B in Q3 2026 (+28% Y/Y). Operating margin 18.5%, net earnings $256M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.

Revenue$2.4B
Year over year+28%
Operating margin18.5%
Net earnings$256M
Operating cash flow$557M

Drawing the Sankey…

Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF

Martin Marietta Materials Q3 2026 revenue breakdown: Sankey diagram of revenue, costs, profit and cash flow
Martin Marietta Materials Q3 2026 revenue breakdown — free to use with credit and a link (terms). Share on X
Embed this chart on your site

Free to use with the credit line. Click a box to select the code.

What changed this quarter

Revenue was $2.4B in Q3 2026, up 28% year over year and up 22% from the previous quarter.

Gross margin was 27.5%, down 5.6 points from Q3 2025. Operating profit was $0.44B, a 18.5% margin (down 8.9 points year over year). Operating profit fell $0.07B even though revenue rose $0.52B versus Q3 2025, so costs grew faster than sales. Operating expenses grew 101% against revenue growth of 28%. Net earnings were $0.26B, down 38% year over year. The effective tax rate was 18.2%.

Operating cash flow was $0.56B (up 1% year over year), 218% of net earnings. Non-cash charges added back $0.25B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items added $0.05B. Capital expenditures of $0.13B left free cash flow of $0.43B.

Quarterly history

Martin Marietta Materials revenue by quarterMartin Marietta Materials revenue by quarter$1.4BQ1 2025$1.8BQ2 2025$1.8BQ3 2025$1.5BQ4 2025$1.4BQ1 2026$1.9BQ2 2026$2.4BQ3 2026
Martin Marietta Materials net earnings by quarterMartin Marietta Materials net earnings by quarter$116MQ1 2025$328MQ2 2025$414MQ3 2025$279MQ4 2025$1.5BQ1 2026$251MQ2 2026$256MQ3 2026
QuarterFormFiledRevenueY/YOp. marginNet earningsOp. cash flow
Q3 202610-QNov 4, 2026$2.4B+28%18.5%$256M$557M
Q2 202610-QJul 30, 2026$1.9B+21%19.1%$251M$112M
Q1 202610-QApr 30, 2026$1.4B+17%11.9%$1.5B$227M
Q4 202510-KFeb 19, 2026$1.5B+9%22.2%$279M$629M
Q3 202510-QNov 4, 2025$1.8B+12%27.4%$414M$551M
Q2 202510-QAug 7, 2025$1.8B+3%25.3%$328M$387M
Q1 202510-QApr 30, 2025$1.4B+8%14.3%$116M$218M

Charts

Martin Marietta Materials: revenue growth, year over year and quarter over quarterMartin Marietta Materials: revenue growth, year over year and quarter over quarterY/YQ/Q+8%Q1 2025+3%+34%Q2 2025+12%+2%Q3 2025+9%-17%Q4 2025+17%-11%Q1 2026+21%+43%Q2 2026+28%+22%Q3 2026
Latest (Q3 2026): Y/Y +28%, Q/Q +22%.
Martin Marietta Materials: where the cash came from (+) and went (−), TTM to Q3 2026Martin Marietta Materials: where the cash came from (+) and went (−), TTM to Q3 2026Acquisitions−$8.0BNet borrowing (+) / repaid (−)$7.3BOperating cash flow$1.5BCapital spending−$650MAsset & business sales$493MDividends−$211MBuybacks−$200MOther investing−$112MCash drawn (+) / kept (−)−$82.0MOther financing−$44.0MTaxes on employees’ shares−$31.0M
From the cash-flow statement as filed (SEC XBRL). Cash is fungible: the bars do not say which dollar paid for what.
Martin Marietta Materials: profit against cash, quarter by quarterMartin Marietta Materials: profit against cash, quarter by quarterNet incomeOperating cash flow$294M$686MQ4 2024$116M$218MQ1 2025$328M$387MQ2 2025$414M$551MQ3 2025$279M$629MQ4 2025$1.5B$227MQ1 2026$251M$112MQ2 2026$256M$557MQ3 2026
Latest (Q3 2026): Net income $256M, Operating cash flow $557M.
Martin Marietta Materials: diluted shares by fiscal yearMartin Marietta Materials: diluted shares by fiscal year62MFY202063MFY202162MFY202262MFY202362MFY202461MFY2025
-2.9% since FY2020: buybacks shrank the count.
Martin Marietta Materials: long-term debt falling due (FY2025)Martin Marietta Materials: long-term debt falling due (FY2025)$30.0M2026$792M2027$473M2030$4.0BLater
Cash $67.0M, short-term investments —, long-term debt $5.3B at 2025-12-31.
Martin Marietta Materials in its industry: growth against margin (14 companies, SIC 1400)Martin Marietta Materials in its industry: growth against margin (14 companies, SIC 1400)revenue growth, year over year →↑ operating marginmedian +25%median 5%VMCKNFHLCMPSNDUSLMLEUIPILOGCUUUUABATIBATFATLXMLM (+28%, 18%)
Mining & Quarrying of Nonmetallic Minerals (No Fuels); dot size is quarterly revenue; dashed lines are the industry's medians.

Interactive views

The same charts as the app — open one to draw it.

💵Where each $1 goesinteractive

Loading the interactive chart…

🌏Named in Asian annual reportsinteractive

Loading the interactive chart…

🔄Rotation against the market and its industry (RRG)interactive

Loading the interactive chart…

🔍Earnings qualityinteractive

Loading the interactive chart…

⚖️Fair value by methodinteractive

Loading the interactive chart…

🔭Outlook & guidanceinteractive

Loading the interactive chart…

📈Investments: gains and what it boughtinteractive

Loading the interactive chart…

🏭Its industry’s money flow (input-output)interactive

Loading the interactive chart…

Customers and suppliers named in filings

Buys from

About Martin Marietta Materials

Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of aggregates and other building materials. Through a network of operations spanning 29 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources necessary for building the solid foundations on which our communities thrive. Martin Marietta’s Specialties business provides high-purity magnesia and dolomitic lime products used worldwide in environmental, industrial, agricultural and specialty applications. For more information, visit www.martinmarietta.com or www.magnesiaspecialties.com .

In its own words, from its 8-K, filed Jul 30, 2026.

Martin Marietta Materials against its Mining & Quarrying of Nonmetallic Minerals (No Fuels) peers

The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +28% against the peers' median +4%. Operating margin: 18.5% against the peers' median 16.8%.

CompanyQuarterRevenueY/YOp. margin
MLM Martin Marietta MaterialsQ3 2026$2.4B+28%18.5%
VMC Vulcan MaterialsQ3 2026$2.2B-5%24.0%
KNF Knife RiverQ3 2026$1.3B+6%16.8%
HL Hecla MiningQ3 2026$395M+25%39.8%
CMP Compass Minerals InternationalQ3 FY26$215M+0.3%5.1%
SND Smart SandQ2 2026$115M+34%8.7%
USLM United States Lime & MineralsQ3 2026$106M+4%42.1%
LEU Centrus EnergyQ3 2026$55.5M-26%-53.5%
IPI Intrepid PotashQ3 2026$51.0M+0.4%0.4%

Source: Martin Marietta Materials 10-Q on SEC EDGAR · CIK 916076 · Mining & Quarrying of Nonmetallic Minerals (No Fuels)

Guidance and outlook

Martin Marietta Materials Revenue: guidance against what was reportedMartin Marietta Materials Revenue: guidance against what was reportedguided rangereported (above / within / below)FY2025$6.2BFY2026
Met or beat 1 of 1 guided periods. Grey: the last range guided before the figures came out; dot: the reported figure.
Martin Marietta Materials: what its forward-looking statements are about (10-Q filed 2026-11-04)Martin Marietta Materials: what its forward-looking statements are about (10-Q filed 2026-11-04)Other3Financing2
5 statements; tone -0.20 (−1 all cautious, +1 all confident); 1 hedged.
Martin Marietta Materials: outlook statements against the filing beforeMartin Marietta Materials: outlook statements against the filing beforeCautious1

13F: who owns MLM and who is buying

Largest holders of MLM (13F)Largest holders of MLM (13F)Vanguard Group$4.6BBlackRock$2.7BVanguard Capital Management LLC$2.3BVanguard Portfolio Management LLC$1.8BState Street$1.8BBank of America$1.4BFMR LLC$1.3BPrincipal Financial Group$1.2BAristotle Capital Management, LLC$1.1BVictory Capital Management$1.0B
Funds' net buying of MLM by quarter (13F)Funds' net buying of MLM by quarter (13F)−$25.1M2024-09−$119M2024-12$99.1M2025-03$230M2025-06−$720M2025-09$1.3B2025-12−$502M2026-03$493M2026-06
Value of shares 13F filers added minus the value they sold, each quarter (quarters with most filings in).

More on MLM

History

Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results

Compare MLM with

中文版：Martin Marietta Materials（MLM）财报

Español · Français