Martin Marietta said Q1 2025 aggregates shipments increased 6.6% to 39.0 million tons, and average selling price (ASP), inclusive of acquired operations, rose 6.8% to $23.77 per ton.

10-QQuarterly reportFiled Apr 30, 2025Period of report Mar 31, 2025Summary published (UTC) Oct 10, 2026

Key points

AI summary

Martin Marietta said Q1 2025 aggregates shipments increased 6.6% to 39.0 million tons, and average selling price (ASP), inclusive of acquired operations, rose 6.8% to $23.77 per ton.
The company said aggregates gross profit for Q1 increased 24% to $297 million, and gross margin expanded 260 basis points to 30%, citing organic price/cost improvement and margin-accretive acquisitions as factors.
Martin Marietta said net earnings attributable to the company for Q1 2025 were $116 million, or $1.90 per diluted share. Q1 2024 net earnings were $1.0 billion, or $16.87 per diluted share, which included an after-tax gain of $976 million on the divestiture of the South Texas cement business.
The company said cash provided by operating activities for Q1 2025 was $218 million, compared with $172 million in the prior-year quarter. During the same period, it repurchased 910,831 shares of common stock at an average price of $494.04 and an aggregate cost of $450 million, and as of March 31, 11.0 million shares of common stock remain under the Company's repurchase authorization.

Key figures

Quarter ended March 31, 2025

Revenue: $1.4B
Operating income: $194M
Net income: $116M
EPS: $1.90
Gross profit: $335M
Operating cash flow: $218M

From the XBRL financial data filed with the SEC · not processed by AI.

Summary

AI-written

Analysis scope · Management's discussion (MD&A)We analyzed the Management's Discussion and Analysis (MD&A) section. Other sections of the report, such as the notes to the financial statements and risk factors, were not reviewed.

Q1 Aggregates Shipments and Average Selling Price

Martin Marietta said Q1 2025 aggregates shipments increased 6.6% to 39.0 million tons, and average selling price (ASP), inclusive of acquired operations, rose 6.8% to $23.77 per ton.

Source · Based on the MD&A text of the filing

Aggregates Gross Profit and Gross Margin

The company said aggregates gross profit for Q1 increased 24% to $297 million, and gross margin expanded 260 basis points to 30%, citing organic price/cost improvement and margin-accretive acquisitions as factors.

Source · Based on the MD&A text of the filing

Q1 2025 Net Earnings and Earnings Per Share

Martin Marietta said net earnings attributable to the company for Q1 2025 were $116 million, or $1.90 per diluted share. Q1 2024 net earnings were $1.0 billion, or $16.87 per diluted share, which included an after-tax gain of $976 million on the divestiture of the South Texas cement business.

Source · Based on the MD&A text of the filing

Operating Cash Flow and Share Repurchases

The company said cash provided by operating activities for Q1 2025 was $218 million, compared with $172 million in the prior-year quarter. During the same period, it repurchased 910,831 shares of common stock at an average price of $494.04 and an aggregate cost of $450 million, and as of March 31, 11.0 million shares of common stock remain under the Company's repurchase authorization.

Source · Based on the MD&A text of the filing

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.

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