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Martin Marietta Materials (MLM) provides essential construction aggregates and building materials for infrastructure projects across North America. This news hub offers investors and industry professionals direct access to official updates and market-moving developments.
Track critical announcements including quarterly earnings, strategic acquisitions, product innovations, and operational expansions. Our curated collection ensures timely access to press releases about cement production updates, aggregates pricing trends, and sustainability initiatives within the heavy building materials sector.
Key updates cover MLM's core operations: crushed stone production volumes, ready-mixed concrete demand fluctuations, magnesia specialties applications, and regional market expansions. Monitor regulatory developments impacting quarry operations and infrastructure investment trends affecting material demand.
Bookmark this page for streamlined access to MLM's financial disclosures, leadership changes, and partnership announcements. Combine real-time updates with historical context to analyze the company's position in the competitive building materials landscape.
Martin Marietta Materials (NYSE: MLM) has announced a quarterly cash dividend of $0.79 per share on its outstanding common stock. The dividend will be paid on March 31, 2025, to shareholders of record as of March 3, 2025.
The company, a member of the S&P 500 Index, is a leading supplier of building materials including aggregates, cement, ready mixed concrete, and asphalt. Martin Marietta operates across 28 states, Canada, and The Bahamas. The company's Magnesia Specialties division produces high-purity magnesia and dolomitic lime products for environmental, industrial, agricultural, and specialty applications worldwide.
Martin Marietta Materials (NYSE: MLM) reported its Q4 and full-year 2024 results, showing mixed performance. Q4 revenues increased 1% to $1.632 billion, while full-year revenues decreased 4% to $6.536 billion. The company achieved record fourth-quarter profits with earnings per diluted share from continuing operations rising 3% to $4.79.
Q4 aggregates shipments increased 2.7% to 47.9 million tons, with average selling price up 8.6% to $21.95 per ton. The company completed strategic bolt-on acquisitions in Florida, Southern California, and Texas during Q4. For 2025, Martin Marietta projects Adjusted EBITDA guidance of $2.25 billion (midpoint), representing a 9% improvement over 2024.
The company returned $639 million to shareholders through dividends and share repurchases in 2024. As of December 31, 2024, MLM maintained strong liquidity with $670 million in cash and $1.2 billion in unused borrowing capacity.
Martin Marietta Materials (NYSE:MLM) has scheduled its fourth-quarter and full-year 2024 earnings conference call for Wednesday, February 12, 2025, at 10:00 a.m. Eastern Time. The company will release its financial results for the quarter and year ended December 31, 2024, before the market opens on the same day.
A live, listen-only webcast and supplemental information will be available on the company's website, with an alternative option to access the call by dialing +1 (646) 307-1963 using conference ID 1803722. An on-demand replay will be accessible on the website for one year following the broadcast.
Martin Marietta, an S&P 500 company, is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt. The company operates across 28 states, Canada, and The Bahamas, and also runs a Magnesia Specialties business producing high-purity magnesia and dolomitic lime products.
Martin Marietta Materials (NYSE: MLM) has declared a regular quarterly cash dividend of $0.79 per share on its outstanding common stock. The dividend is payable on December 31, 2024, to shareholders of record as of December 2, 2024. This represents an annualized dividend of $3.16 per share. Martin Marietta, a S&P 500 company, is a leading supplier of building materials operating across 28 states, Canada, and The Bahamas, providing aggregates, cement, ready mixed concrete, and asphalt. The company also operates Magnesia Specialties business producing magnesia and dolomitic lime products.
Martin Marietta Materials (NYSE:MLM) has announced the pricing of its dual-tranche senior notes offering totaling $1.5 billion. The offering consists of $750 million of 5.150% Senior Notes due 2034 and $750 million of 5.500% Senior Notes due 2054. The 2034 Notes will be issued at 99.266% of par value, while the 2054 Notes at 98.006%. Interest payments will be made semiannually starting June 1, 2025. The company plans to use the proceeds to repay outstanding borrowings under its revolving credit facility and trade receivables securitization facility, with remaining funds allocated for general corporate purposes, including potential acquisitions and capital needs.
Martin Marietta (MLM) reported third-quarter 2024 results with mixed performance. Despite achieving record quarterly aggregates gross profit per ton at $8.16 (up 3%), revenues declined 5% to $1.89 billion and net earnings fell 16% to $363 million. The company faced significant weather-related challenges, including multiple tropical storms, which impacted shipments and financial results. Aggregates shipments decreased 3.9% to 53.7 million tons, while average selling price increased 7.7% to $21.52 per ton. The company revised its full-year 2024 Adjusted EBITDA guidance to $2.1 billion at the midpoint and completed strategic acquisitions in South Florida and Southern California.
Martin Marietta Materials, Inc. (NYSE:MLM) has announced its third-quarter 2024 earnings conference call, scheduled for Wednesday, October 30, 2024, at 10:00 a.m. Eastern Time. The company will release its results for the quarter ended September 30, 2024, before the market opens on the same day. Investors can access a live, listen-only webcast and supplemental information on the company's website at www.martinmarietta.com.
The conference call can also be accessed by dialing +1 (646) 307-1963 and using conference ID 7309939. An on-demand replay will be available on the company's website approximately two hours after the live broadcast and will remain accessible for one year.
Martin Marietta, a member of the S&P 500 Index, is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt. The company operates across 28 states, Canada, and The Bahamas, and also has a Magnesia Specialties business producing high-purity magnesia and dolomitic lime products for various applications worldwide.
Martin Marietta Materials, Inc. (NYSE: MLM) has announced a 7% increase in its quarterly cash dividend, raising it from $0.74 to $0.79 per share on outstanding common stock. This equates to an annualized cash dividend of $3.16 per share. The dividend is payable on September 30, 2024, to shareholders of record as of September 3, 2024.
This marks the company's ninth consecutive year of dividend increases, reflecting its strong financial position and commitment to returning capital to shareholders. Martin Marietta, a member of the S&P 500 Index, is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt, operating across 28 states, Canada, and The Bahamas.
Martin Marietta (NYSE: MLM) reported Q2 2024 results on August 8, 2024. The company saw a 3% decline in revenues to $1.764 billion and an 8% decrease in gross profit to $517 million. Net earnings dropped by 16% to $294 million, while EPS fell 15% to $4.76. Adjusted EBITDA saw a slight decline of 2% to $584 million.
Aggregates shipments decreased by 3% to 53 million tons, but the average selling price rose 12% to $21.61 per ton, resulting in a 9% increase in gross profit per ton. The acquisition of Blue Water Industries in April strengthened the company's aggregates-led business model.
Guidance for full-year 2024 has been revised, projecting net earnings of $2.03-$2.165 billion and adjusted EBITDA of $2.1-$2.3 billion.
Martin Marietta Materials, Inc. (NYSE:MLM) has announced its second-quarter 2024 earnings conference call, scheduled for Thursday, August 8, 2024, at 10:00 a.m. Eastern Time. The company will release its results for the quarter ended June 30, 2024, before the market opens on the same day. Investors can access a live, listen-only webcast and supplemental information on the company's website.
Martin Marietta, a member of the S&P 500 Index, is a leading supplier of building materials, including aggregates, cement, ready mixed concrete, and asphalt. The company operates across 28 states, Canada, and The Bahamas. Its Magnesia Specialties business produces high-purity magnesia and dolomitic lime products for various applications worldwide.
