MARTIN MARIETTA $MLM Q3’26 EARNINGS HIGHLIGHTS
🔹 Revenue: $2.37B (Est. $2.31B) 🟢; +28% YoY
🔹 Adj. EPS: $5.47 (Est. $5.41) 🟢; -11% YoY
🔹 Adjusted EBITDA: $808M (Est. $785M) 🟢
FY26 Guide:
🔹 Revenue: $7.75B-$7.85B (Est. $7.8B) 🟡
🔹 Adjusted EBITDA: $2.45B-$2.50B (Est. $2.57B) 🔴
Segment Net Revenue:
🔹 Aggregates: $1.66B; +14% YoY
🔹 Other Building Materials: $399M; +14% YoY
🔹 Specialties: $362M; +176% YoY
Other Q3 Metrics:
🔹 Aggregates Shipments: 67.1M (Est. 67.7M) 🔴; +16% YoY
🔹 Aggregates ASP: $22.41; -4% YoY
🔹 Operating Cash Flow: $896M
Key Updates:
🔹 LNA Combination: $12.9B consideration; $216M revenue since closing
🔹 Cash Flow Improvement: over $290M year-to-date
Comments:
🔸 “With the closing of LNA, we have updated the midpoints of our full-year 2026 Revenue and Adjusted EBITDA guidance to $7.80 billion and $2.48 billion, respectively”
🔸 “That playbook is already delivering results, with disciplined inventory management and capital spending reductions alone contributing over $290 million of year-to-date cash flow improvement.”
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