Martin Marietta Materials, Inc. · NYSE:MLM
Martin Marietta Materials — Q1 2026 Earnings Presentation
16 slides from Martin Marietta Materials's earnings presentation, Apr 30, 2026
Slide 1: Q1 2026 Supplemental Information
Q1 2026 SUPPLEMENTAL INFORMATION* April 30, 2026 * All information provided in these slides is qualified in its entirety by reference to the Company's filings with the Securities and Exchange Commission (SEC), which are available on both the Company’s and the SEC’s websites.
Slide 2: Statement Regarding Safe Harbor for Forward-Looking Statements
Statement Regarding Safe Harbor for Forward-Looking Statements This material contains forward-looking statements under the federal securities laws, including the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties and are based on assumptions that the Company believ
Slide 3: Key Investment Highlights
KEY INVESTMENT HIGHLIGHTS Leading Industry- Proven track Significant Strategically supplier of leading unit record of whitespace located in aggregates profitability executing and clear higher-growth growth SOAR strategy M&A targets markets Q1 2026 Supplemental Information 3
Slide 4: Q1 2026 Continuing Operations Highlights
Q1 2026 CONTINUING OPERATIONS HIGHLIGHTS First-Quarter Records: ✓ Revenues1 (+17%) ✓ Adjusted EBITDA from Continuing Operations2 (+14%) $1.4B $364M Revenues1 Adjusted EBITDA ✓ Aggregates Revenues1 (+14%) +17% y-o-y from Continuing ✓ Aggregates Shipments (+12%) Operations2 +14% y-o-y All-Time Quarter
Slide 5: 2026 Continuing Operations Guidance Summary at the Midpoint
2026 CONTINUING OPERATIONS GUIDANCE SUMMARY AT THE MIDPOINT 2026 2026 AGGREGATES 2026 ORGANIC GUIDANCE1 GUIDANCE1 AGGREGATES GUIDANCE $7.16B 222M 202M Revenues Shipment Tons Organic Shipment Tons +16% +12.0%2 +2.0%2 $2.43B $23.89 $24.47 Adjusted EBITDA From Average Selling Price (ASP) Organic ASP Co
Slide 6: Well-Positioned to Advance SOAR 2030's Growth Focused M&A
WELL-POSITIONED TO ADVANCE SOAR 2030’S GROWTH FOCUSED M&A LIMITED BOND MATURITIES DURING SOAR 2030 WEIGHTED AVERAGE COST OF DEBT CREDIT RATING 2026 $0 3.9% BBB+ ✓ 100% Fixed Rate 2027 $795M SIGNIFICANT WHITE SPACE WITH CLEAR M&A TARGETS SOAR Priority M&A Targets represent ~12% of TAM or 2028 $0 33%
Slide 7: End Use Outlook
END USE OUTLOOK Q1 2026 Supplemental Information 7
Slide 8: 2026 End Market Outlook
2026 END MARKET OUTLOOK INFRASTRUCTURE NONRESIDENTIAL RESIDENTIAL + Infrastructure Investment + Data centers − Single-family housing and Jobs Act + Energy − Multi-family housing + Record state Department − Warehouses of Transportation budgets − Manufacturing + State and local ballot initiatives − Li
Slide 9: Infrastructure Investment and Jobs Act (IIJA) Update Through February 2026
INFRASTRUCTURE INVESTMENT AND JOBS ACT (IIJA UPDATE THROUGH FEBRUARY 2026) TOTAL HIGHWAY & BRIDGE FUNDS CUMULATIVE OBLIGATIONS CUMULATIVE STATE REIMBURSEMENTS ~$350B $261B $180B 29% of Total 75% of Total 52% of Total $1.2 Trillion IIJA Highway & Bridge Funds Highway & Bridge Funds Final year of IIJA
Slide 10: Robust Multi-Year Tailwinds for This Countercyclical End Market
ROBUST MULTI-YEAR TAILWINDS FOR THIS COUNTERCYCLICAL END MARKET ($ in Billions) Long tail from IIJA is expected to be enhanced with incremental funds from a successor infrastructure bill $63 $58 $53 $49 $42 $24 $16 $15 $11 $9 $7 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 & Beyond IIJA sp
Slide 11: What We Are Tracking: Nonresidential Outlook
WHAT WE ARE TRACKING: NONRESIDENTIAL OUTLOOK DODGE NONRESIDENTIAL SQUARE FOOTAGE STARTS (Sqft in Millions) Dodge expects modest recovery in nonresidential square footage starts in 2026 25% Below Post-COVID Peak 1,800 1,597 1,600 314 1,394 1,400 1,324 1,318 1,341 1,282 1,221 1,198 1,225 1,180 1,200 3
Slide 12: What We Are Tracking: Single-Family Housing Starts
WHAT WE ARE TRACKING: SINGLE-FAMILY HOUSING STARTS U.S. SINGLE-FAMILY HOUSING STARTS (in thousands) Structural housing deficit persists as U.S. single-family housing starts remain sharply below historical peaks 40% Below Prior Peak 1,7191 1,1321 1,032 9% Below Post-COVID Peak 1. Reflects the average
Slide 13: Appendix
APPENDIX Q1 2026 Supplemental Information 13
Slide 14: Adjusted EBITDA From Continuing Operations
ADJUSTED EBITDA FROM CONTINUING OPERATIONS Earnings from continuing operations before Three Months Three Months interest; income taxes; depreciation, Ended Ended depletion and amortization; earnings/loss $ in Millions Mar 31, 2026 Mar 31, 2025 from nonconsolidated equity affiliates; acquisition, div
Slide 15: Full-Year 2026 Adjusted EBITDA From Continuing Operations
FULL-YEAR 2026 ADJUSTED EBITDA FROM CONTINUING OPERATIONS Earnings from continuing operations before Year Ended interest; income taxes; depreciation, Dec 31, 2026 depletion and amortization; earnings/loss $ in Millions (Midpoint Guidance)1 from nonconsolidated equity affiliates; acquisition, divesti
Slide 16: Adjusted Earnings Per Diluted Share From Continuing Operations
ADJUSTED EARNINGS PER DILUTED SHARE FROM CONTINUING OPERATIONS Adjusted earnings per diluted share from Three Months continuing operations is a non-GAAP financial Ended measure used by the Company and by investors Mar 31, 2026 to evaluate operating performance and Dollars per Diluted Share enhance c
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