Martin Marietta Materials, Inc. achieved fourth-quarter and full-year records for aggregates revenues, gross profit, and margin, with a double-digit improvement in full-year aggregates unit profitability. The specialties business also delivered record revenues and gross profit for the fourth quarter and full year. The company provided guidance for 2026, expecting a low single-digit improvement in shipments.

In the fourth quarter, the building materials business achieved record revenues of $1.4 billion and gross profit of $443 million. Aggregates shipments increased by 2.0 percent to 48.9 million tons, with an average selling price per ton of $23.11. Aggregates gross profit increased by 11 percent to a record $420 million, with a 9 percent increase in gross profit per ton.

The company executed portfolio optimization initiatives, including an agreement with Quikrete Holdings, Inc., for the exchange of certain assets. They also acquired aggregates and FOB asphalt assets in Minnesota from CRH. The Midlothian cement plant and related assets were classified as assets held for sale in connection with the Quikrete transaction.

For the year ended December 31, 2025, cash provided by operating activities increased by 22 percent to a record $1.79 billion. Cash paid for property, plant, and equipment additions was $807 million. The company returned $647 million to shareholders through dividend payments and share repurchases during the same period.

The company provided full-year 2026 guidance, with revenues projected to be between $6.42 billion and $6.78 billion. Adjusted EBITDA from continuing operations is expected to be between $2.16 billion and $2.31 billion. The company anticipates a low single-digit growth in aggregates volume and a 4-6 percent growth in average selling price per ton for the Building Materials business.

Read more at GlobeNewswire: Martin Marietta Reports Fourth-Quarter and Full-Year 2025