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Martin Marietta Materials MLM · USD

Materials · Construction Materials · US listing · 🇺🇸 United States

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530.97

+2.47%

Close of 9 Nov 2026, in USD

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About Martin Marietta Materials

From its filings with the US Securities and Exchange Commission

SEC filings

Martin Marietta Materials is based in Raleigh, North Carolina and is incorporated in North Carolina. Its shares trade on NYSE under the ticker MLM. It is a member of the S&P 500. The SEC classifies its business as mining & quarrying of nonmetallic minerals (no fuels). In the fiscal year to 31 December 2025, it reported revenue of $6.15bn and net income of $1.14bn. At that date it held total assets of $18.71bn and shareholders' equity of $10.03bn.

In its own words

Martin Marietta Materials, Inc. (the Company or Martin Marietta) is a leading natural resource-based building materials company. The Company supplies aggregates (crushed stone, sand and gravel) through its network of approximately 400 quarries, mines and distribution yards in 28 states, Canada and The Bahamas. In 2025, aggregates generated 88% of the Company’s total reportable segment gross profit. As of December 31, 2025, Martin Marietta also provides other building materials, namely, cement, ready mixed concrete, asphalt and paving services in targeted markets where the Company has a notable aggregates position. The Company’s heavy-side building materials are used in infrastructure, nonresidential and residential construction projects. Aggregates are also used in agricultural, utility and environmental applications and as railroad ballast. The aggregates, cement, ready mixed concrete, asphalt and paving operations are reported collectively as the “Building Materials business”.

The Company also operates a Specialties business (formerly known as the Magnesia Specialties business) with production facilities located in Michigan, Ohio, Nevada, North Carolina, Indiana and Pennsylvania. The Specialties business produces high-purity natural and synthetic magnesia-based products, including magnesium sulfate, magnesium oxide and magnesium hydroxide, that are used in environmental, industrial, agricultural, construction, consumer and specialty applications.

Quoted from its 10-K, filed 19 Feb 2026. Read the filing on SEC.gov ↗

Company facts

Sector
Materials
Industry
Construction Materials
Listed since
17 Feb 1994
Employees
9,600
Head office
4123 PARKLAKE AVE, RALEIGH, NC, 27612
Incorporated in
NC
Classification
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Filer status
Large accelerated filer

Leadership

Pay as last reported

  • Mr. C. Howard NyeChairman of the Board, President, Chief Executive Officer, since 2006$17.7m
  • Mr. Michael PetroChief Financial Officer, Senior Vice President$2.0m
  • Mr. Donald MccunniffChief Human Resources Officer, Executive Vice President$1.8m
  • Ms. Roselyn BarExecutive Vice President, General Counsel, Corporate Secretary$5.3m
  • Mr. Robert CardinSenior Vice President, Chief Accounting Officer, Controller$2.5m
  • Mr. Bradley KohnSenior Vice President, General Counsel, Corporate Secretary
  • Mr. Oliver BrooksSenior Vice President - Enterprise Excellence
  • Mr. John KoraleskiLead Independent Director$386,044
  • Ms. Dorothy AblesIndependent Director$328,160
  • Ms. Sue ColeIndependent Director$454,323
  • Mr. Anthony FoxxIndependent Director$327,482
  • Ms. Mary MackIndependent Director$264,880

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
57
Environment
27
Social
56
Governance
88
Direct emissions (scope 1)
2,900,000 t
Energy emissions (scope 2)
500,000 t
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • Strong market position: Martin Marietta Materials Inc holds a prominent position in the construction materials industry, benefiting from a wide customer base and extensive distribution network.
  • Diverse product portfolio: The company offers a wide range of high-quality aggregates, cement, asphalt, and ready-mixed concrete, allowing it to cater to various construction needs.
  • Strong financial performance: Martin Marietta Materials has consistently demonstrated robust financial performance, achieving steady revenue growth and healthy profitability.
  • Efficient cost management: The company's focus on cost optimization, operational efficiencies, and prudent financial strategies contributes to its competitive advantage.

Weaknesses

  • Vulnerability to economic cycles: Martin Marietta Materials' business heavily relies on construction activities, making it susceptible to downturns in the economy and fluctuations in government spending.
  • Overdependence on the US market: The majority of the company's operations are concentrated in the United States, exposing it to regional market risks and regulatory challenges.
  • Limited international presence: Compared to some competitors, Martin Marietta Materials has a relatively smaller international footprint, potentially limiting its growth opportunities in global markets.

Opportunities

  • Infrastructure development initiatives: Government investments in infrastructure projects provide opportunities for Martin Marietta Materials to supply construction materials, particularly in the transportation and energy sectors.
  • Sustainable construction trends: Growing emphasis on sustainable building practices creates an opportunity for the company to expand its offerings of eco-friendly materials and demonstrate its commitment to environmental responsibility.
  • Acquisitions and partnerships: Strategic acquisitions or partnerships can allow Martin Marietta Materials to enter new markets, diversify its product range, and gain a competitive edge.

Threats

  • Intense competition: The construction materials industry is highly competitive, with numerous local and global players vying for market share. This competition may put pressure on pricing and margins.
  • Regulatory challenges: Compliance with environmental regulations, health and safety standards, and permits poses a threat to Martin Marietta Materials' operations, potentially leading to increased costs and delays.
  • Fluctuating raw material prices: Changes in prices of raw materials, such as aggregates and cement, can impact the company's profitability, as it may be challenging to pass on cost increases to customers.

Sources and methodology

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