Martin Marietta Materials Completes Combination with Lhoist North America

Martin Marietta Materials (MLM) completed its acquisition of Lhoist North America, adding 2 billion tons of limestone reserves and expanding its Specialties platform. The deal strengthens MLM's position in construction, manufacturing, and infrastructure markets, aligning with its SOAR 2030 strategy. Financial impacts will be detailed in Q3 results, with updated 2026 guidance expected.

MARTIN MARIETTA MATERIALS INC (MLM) filed an SEC Form 8-K — Completion of Acquisition or Disposition of Assets.

Martin Marietta Materials (MLM) held its Q2 2026 earnings call. Management guided full-year revenue to $7.2B to $7.4B and adjusted EBITDA to $2.36B to $2.5B, citing New Frontier Materials. Core aggregates revenue rose 16% to $1.5B, with total shipments up 17% to 61.6M tons. The company also discussed SOAR 2030 and a pending Lhoist North America combination.

Martin Marietta (NYSE:MLM) reported Q2 results with aggregates gross profit of $418 million, including a $52 million non-cash inventory step-up charge. Specialties revenue rose to $152 million. The company raised 2026 revenue guidance to $7.2B-$7.4B and reaffirmed adjusted EBITDA of $2.36B-$2.5B, while pending the Lhoist North America deal.

Martin Marietta Materials (NYSE:MLM) shares fell Thursday despite a quarterly revenue beat and raised FY2026 guidance. Revenue rose 21% to $1.95B and adjusted EPS was $5.00. The drop followed investor concern about potential equity dilution tied to MLM’s planned $13.5B cash-and-stock acquisition of Lhoist North America, expected to close in 2H26.

Martin Marietta Materials (MLM) reported Q2 2026 adjusted EPS of $5.00 and revenues of $1.95B, both above Zacks Consensus estimates. Aggregates shipments rose 17% to 61.6M tons. The company raised 2026 revenue guidance to $7.2-$7.4B and reaffirmed adjusted EBITDA guidance of $2.36-$2.50B. Shares were up slightly premarket.