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Companies / Materials / Martin Marietta Materials
MLM

Martin Marietta Materials

MaterialsMiningS&P 500
Ticker MLMRALEIGH, NCFiscal year ends DecemberBook value per share $191.48Diluted shares 60.3M

Martin Marietta Materials, Inc. (NYSE: MLM) is a natural resource-based building materials company supplying aggregates, including crushed stone, sand and gravel, alongside cement, ready mixed concrete, asphalt and paving services in selected markets. Its products serve commercial customers in construction, including… From the company’s description.

In fiscal 2025, Martin Marietta Materials reported revenue of $6.15B, down 5.9% from fiscal 2024, and net income of $1.14B. Its operating margin was 23.4%, and operations generated $1.78B in cash. Over the twelve months to Jun 30, 2026, revenue was $6.29B.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$6.15BFY2025
−5.9% year over year
Last 12 mo $6.29B
23.37%FY2025
−18.1 percentage points
Last 12 mo 20.94%
$1.14BFY2025
−43.0% year over year
Last 12 mo $2.46B
11.33%FY2025
−9.8 percentage points
Last 12 mo 21.28%
Cash & financing
$1.78BFY2025
+22.3% year over year
Last 12 mo $1.52B
$978.00MFY2025
+61.9% year over year
Last 12 mo $810.00M
0.53FY2025
Was 0.57× a year earlier
Last 12 mo 0.52
60.6MFY2025
−1.6% year over year
Last 12 mo 60.3M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What Martin Marietta Materials does

In the company’s own words

Martin Marietta Materials, Inc. (NYSE: MLM) is a natural resource-based building materials company supplying aggregates, including crushed stone, sand and gravel, alongside cement, ready mixed concrete, asphalt and paving services in selected markets. Its products serve commercial customers in construction, including infrastructure, nonresidential and residential projects, as well as agricultural, utility and environmental uses; aggregates also serve as railroad ballast. The Building Materials business is organized into the East Group, which supplies aggregates and asphalt, and the West Group, which supplies aggregates, ready mixed concrete, asphalt and paving services. A separate Specialties segment produces magnesia-based products, such as magnesium oxide, hydroxide and sulfate, and dolomitic lime for environmental, industrial, agricultural, construction, consumer and specialty applications, including steel production. In 2025, aggregates generated 88% of reportable segment gross profit, while magnesia-based products and lime accounted for 67% and 32% of Specialties revenue, respectively. The company operates approximately 400 quarries, mines and distribution yards across 28 states, Canada and The Bahamas. Formed in 1993 from the materials group of the organization now known as Lockheed Martin, it has expanded through acquisitions. Its website is www.martinmarietta.com.

Company details
Sector
Materials
Industry (SIC)
Mining
Headquarters
RALEIGH, NC
Fiscal year end
December
CIK
916076
SIC
1400

Financial performance, year by year

Fiscal 2013–2025 · USD
$-677.72M$1.36B$3.39B$5.42B$7.45B2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns Martin Marietta Materials — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

693
funds hold it
3 of 35
superinvestors hold it
$13.99B
held by funds, at market
39.7%
of shares held by funds
9
bond issues held by funds

Superinvestors in Martin Marietta Materials · what they did last quarter

Chris HohnNEW
TCI Fund Management
1.4%of 13F portfolio
Tom RussoDECREASED -1.4%
Gardner Russo & Quinn
4.6%of 13F portfolio
Wallace WeitzINCREASED +19.1%
Weitz Investment Management
1.9%of 13F portfolio

Share of each manager’s reported 13F portfolio. Change is in shares held, since the previous quarter.

Largest fund holders · Martin Marietta Materials’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.05%of fund net assets
MidCap Fund
PMBMX · Principal Funds, Inc
—of fund net assets
VANGUARD 500 INDEX FUND
VOO · VANGUARD INDEX FUNDS
0.05%of fund net assets
VANGUARD MID-CAP INDEX FUND
VO · VANGUARD INDEX FUNDS
0.34%of fund net assets
iShares Core S&P 500 ETF
IVV · iShares Trust
0.05%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Martin Marietta Materials’s bonds, as funds hold them

Funds report holding 9 issues of Martin Marietta Materials’s debt, $523.80M at market value — what funds hold, not the company’s total debt. Weighted-average coupon 3.61%, maturing 2027 to 2054.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Fund ownership is a subset of institutional 13F ownership — the two describe overlapping populations and must not be added together.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

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