Martin Marietta raises 2026 revenue guidance after record second-quarter sales
Filed with the SEC on · Summarized by InvestorsBot
Martin Marietta reported second-quarter 2026 revenue of $1.947 billion, up 21% from $1.609 billion a year earlier, while adjusted EBITDA rose 13% to $638 million and adjusted diluted EPS increased 3% to $5.00; GAAP diluted EPS from continuing operations fell 12% to $4.26. The company raised full-year 2026 revenue guidance to $7.2 billion-$7.4 billion and reaffirmed adjusted EBITDA guidance of $2.36 billion-$2.5 billion, excluding its pending approximately $13.5 billion combination with Lhoist North America, which is expected to close in the second half of 2026; Martin Marietta also said efficiency actions are expected to generate about $350 million in annualized cash-flow improvements.