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Martin Marietta Materials Tests 2026 Growth Against Residential And Light Nonresidential Pressure!

Martin Marietta Materials reported a strong start to 2026 with first quarter revenues reaching a record $1.4 billion, an increase of 17% year-over-year, driven by 7.2% organic aggregate shipment growth and benefits from an early construction season in key regions. Adjusted EBITDA from continuing operations rose 14%, matching a similar increase in adjusted earnings per diluted share. The company highlighted its strongest ever first quarter safety performance, reaffirming its focus on operational discipline and culture. The quarter also marked the completion of the Quikrete asset exchange—the company’s largest aggregates acquisition—which shifted the portfolio toward higher-quality, less cyclical aggregate assets, generating $450 million in cash proceeds earmarked for redeployment into additional acquisitions. Martin Marietta also announced the pending acquisition of New Frontier Materials, a bolt-on aggregates operator in its Central Division, with closing expected in the second half of the year. The core aggregates business posted record shipments of 43.