Filing Flows › Martin Marietta Materials (MLM) › Q2 2025
Martin Marietta Materials (MLM) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 7, 2025
Martin Marietta Materials (MLM) reported revenue of $1.8B for the second quarter 2025 (Q2 2025), +3% from a year earlier and +34% from the quarter before. Operating margin was 25.3%, net earnings $328M (18.1% of revenue).
Martin Marietta Materials, Q2 2025: revenue $1.8B (+3% year over year), operating margin 25.3%, net earnings $328M, operating cash flow $387M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.8B | +34% | +3% |
| Gross profit | $544M | +62% | +5% |
| Operating profit | $458M | +136% | +15% |
| Net earnings | $328M | +183% | +12% |
| Operating cash flow | $387M | +78% | 387× |
| Free cash flow | $208M | — | — |
What changed
Revenue was $1.8B in Q2 2025, up 3% year over year and up 34% from the previous quarter.
Gross margin was 30.0%, up 0.7 points from a year earlier. Operating profit was $0.46B, a 25.3% margin (up 2.7 points year over year). Of the extra revenue versus a year earlier, 128% reached operating profit, above the 23% margin then. Operating expenses fell 28% while revenue rose 3%. Net earnings were $0.33B, up 12% year over year. The effective tax rate was 20.2%.
Operating cash flow was $0.39B (up 38600% year over year), 118% of net earnings. Non-cash charges added back $0.17B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.11B. Capital expenditures of $0.18B left free cash flow of $0.21B.
Questions
What was Martin Marietta Materials' revenue in the second quarter 2025?
Martin Marietta Materials (MLM) reported revenue of $1.8B for the second quarter 2025 (Q2 2025), +3% from a year earlier and +34% from the quarter before.
Was Martin Marietta Materials profitable in the second quarter 2025?
Operating profit was $458M (25.3% of revenue) and net earnings $328M.