MARTIN MARIETTA MATERIALS INC

Martin Marietta Materials, Inc. held its Annual Meeting of Shareholders on May 14, 2026, with a 91% quorum. Shareholders approved the Martin Marietta Amended and Restated Stock-Based Award Plan. Additionally, ten directors were elected to the Board, PricewaterhouseCoopers LLP was ratified as the independent auditor for 2026, and the advisory vote on named executive officer compensation was approved.

Martin Marietta Materials, Inc. announced that its board of directors declared a regular quarterly cash dividend of $0.83 per share on the company's outstanding common stock. The dividend is scheduled to be paid on June 30, 2026, to shareholders who are on record as of the close of business on June 1, 2026. Martin Marietta is a leading supplier of aggregates and other building materials.

Martin Marietta Materials Inc. reported consolidated net earnings of $1.51 billion for Q1 2026, a significant increase from $116 million in Q1 2025, primarily driven by a $1.43 billion gain from discontinued operations. The company completed a strategic asset exchange with QUIKRETE Holdings, Inc., acquiring aggregates and asphalt operations while divesting its Midlothian cement plant and Texas ready mixed concrete assets. This transaction optimizes the portfolio for pure-play aggregates opportunities, though earnings from continuing operations declined.

MARTIN MARIETTA MATERIALS INC reported strong first-quarter 2026 results with revenues up 17% to $1.36 billion and Adjusted EBITDA from continuing operations increasing 14% to $364 million. However, net earnings from continuing operations decreased 24% to $79 million. The company completed a significant asset exchange with QUIKRETE and entered into a definitive agreement to acquire New Frontier Materials, an aggregates-led producer. Full-year 2026 Adjusted EBITDA guidance was reaffirmed at the $2.43 billion midpoint, reflecting confidence in continued strong demand.

Martin Marietta Materials reported a strong start to 2026 with Q1 revenues increasing 17% to $1.36 billion and Adjusted EBITDA from continuing operations rising 14% to $364 million. Adjusted diluted EPS from continuing operations also grew 14% to $1.93. The company completed a significant asset exchange with QUIKRETE, acquiring aggregates operations and $450 million cash, and entered a definitive agreement to acquire New Frontier Materials. Full-year 2026 guidance for Adjusted EBITDA was reaffirmed at $2.43 billion (midpoint).

Martin Marietta Materials, Inc. announced the appointment of Christopher W. Samborski as Executive Vice President and Chief Operating Officer, effective May 1, 2026. Mr. Samborski, who joined the company in 2018, previously led the West and Specialties Divisions, where he was responsible for overall operations and strategic direction. CEO Ward Nye praised Samborski's leadership and commitment, noting his significant impact on the company. Following this appointment, Kirk Light will assume leadership of the West and Specialties Divisions, in addition to his existing role as President of the Southwest Division.