Financial Data and Key Metrics Changes - The company achieved a record consolidated total revenue of $1.1 billion, a 26% increase from the prior year's quarter [24] - Product gross profit was reported at $137 million, with aggregate product gross margin declining by 640 basis points to 14.9% due to increased costs [24] - Cement product gross margin expanded by 630 basis points to 20.3%, benefiting from favorable comparisons to the previous year [25] Business Line Data and Key Metrics Changes - Organic aggregate shipments increased by 2.5%, with infrastructure shipments rising by 6%, marking the largest percentage increase in several years [15] - Cement shipments exceeded 1 million tons, increasing by 10%, with cement pricing growing by 12% due to multiple price actions taken in 2021 [17] - Organic ready-mix concrete shipments remained flat, while organic concrete pricing grew by 8% [18] Market Data and Key Metrics Changes - Aggregates to the infrastructure market accounted for 32% of first-quarter organic shipments, with expectations for increased infrastructure investments to drive shipments closer to the historical average of 40% [19] - Non-residential construction, which drove 36% of first-quarter aggregate shipments, continues to benefit from increased investment in aggregates-intensive warehouses and manufacturing facilities [20] - The residential construction outlook remains strong despite rising interest rates, with expectations for annual single-family housing starts to remain in line with early 2000 levels [22] Company Strategy and Development Direction - The company is focused on disciplined execution of its SOAR 2025 priorities, optimizing its aggregate SLED portfolio, and enhancing its margin profile through divestitures [12][13] - The company plans to deploy proceeds from divestitures to advance capital allocation priorities, facilitating higher-return investments and enhancing shareholder value [29] - The company is committed to a value-over-volume pricing strategy, anticipating an increasingly favorable pricing cycle [11] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's growth prospects, citing concurrent expansion in public and private construction activity [7] - The company anticipates that inflation will support a constructive pricing environment for upstream materials, with mid-year pricing actions expected to be widely accepted [10] - Management believes that the first quarter's lower profits do not indicate a trend of margin compression, forecasting full-year margins for 2022 to exceed those of 2021 [14] Other Important Information - The company reported returning $89 million to shareholders through dividends and share buybacks during the quarter [30] - The company expects full-year capital spending of $525 million to $550 million, prioritizing high-return capital projects [29] Q&A Session All Questions and Answers Question: Can you elaborate on the predictable start to the year and the confidence to raise guidance? - Management indicated that they are ahead of plan and have seen significant price increases in April, which supports the decision to raise guidance [36][40] Question: What does the customer backlog look like across main end markets? - Management reported that customer backlog for aggregates is up about 11% year-over-year, with cement essentially sold out and a record backlog for Magnesia Specialties [49] Question: Can you discuss the commercial environment and how larger players are performing? - Management noted that being in attractive states with strong population trends helps the company outperform smaller regional players, and they are well-positioned to meet customer demands [61] Question: How should we think about Q2 gross margins and the recovery slope in the second half of the year? - Management stated that Q2 margins should be in line with historical performance, with more pronounced recovery expected in Q3 and Q4 due to compounding price increases and moderating cost inflation [69] Question: Will mid-year price increases represent a structural shift in the industry? - Management believes that the current demand environment and inflation will lead to a more profound and sustained pricing cycle compared to previous years [74] Question: What is the outlook for infrastructure funding and LNG projects? - Management expects significant infrastructure funding to ramp up in 2023 and sees continued activity in LNG projects, which will require substantial aggregates [81][85]

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T O INVESTOR DAY FEBRUARY 25, 2021 Statement Regarding Safe Harbor for Forward-Looking Statements 2 This presentation may contain forward-looking statements – that is, information related to future, not past, events. Like other businesses, Martin Marietta (the Company) is subject to risks and uncertainties which could cause its actual results to differ materially from its projections or that could cause forward-looking statements to prove incorrect, including the risks and uncertainties discussed in Martin ...

WASHINGTON, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 UNITED STATES SECURITIES AND EXCHANGE COMMISSION For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1-12744 MARTIN MARIETTA MATERIALS, INC. (Exact name of registrant as specified in its charter) North Carolina 56-1848578 (State or other ...

Financial Data and Key Metrics Changes - In Q4 2021, the company achieved a 27% increase in products and services revenues and a 17.5% increase in adjusted EBITDA [10] - For the full year 2021, products and services revenues increased 15% year-over-year to $5.1 billion, adjusted gross profit increased 10% to $1.4 billion, adjusted EBITDA of $1.53 billion increased 10%, and adjusted diluted earnings per share grew 6% to $12.28 [12][20] - The company reported a total shareholder return of 56% in 2021, more than double the S&P 500 [12] Business Line Data and Key Metrics Changes - Organic aggregate shipments increased nearly 4% to 193 million tons, with acquired operations contributing an additional 8 million tons [14] - Organic aggregates average selling price increased 3%, while Texas cement shipments grew to 4 million tons with a 7% price increase [15][16] - Organic ready-mix concrete shipments increased 16%, while asphalt pricing improved 4% despite challenges in the Colorado asphalt and paving business [17] Market Data and Key Metrics Changes - The building materials business experienced solid product demand driven by single-family housing growth and infrastructure investment [14] - Aggregates to the infrastructure market accounted for 34% of 2021 organic shipments, while non-residential construction accounted for 35% [33][36] - The National Association of Homebuilders forecasts 2022 single-family housing starts to be 25% higher than pre-pandemic levels in 2019 [36] Company Strategy and Development Direction - The company is focused on its SOAR 2025 initiatives and has completed over $3 billion in acquisitions to enhance its product offerings and geographic footprint [8][11] - The new Federal Infrastructure Law is expected to provide a multi-year growth runway for infrastructure demand, with significant funding for roads and bridges [30][31] - The company aims to optimize its portfolio through asset swaps and divestitures, particularly evaluating its California cement and ready-mix operations [11][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's long-term prospects, anticipating another record year in 2022 with organic aggregate shipments expected to increase by 1% to 4% [37] - The company expects to expand upstream gross margins in 2022, supported by pricing acceleration and disciplined cost control despite inflationary pressures [38] - Management highlighted that the infrastructure investment is expected to stimulate economic growth and job creation, with product demand benefits anticipated to begin in late 2022 [31][32] Other Important Information - The company ended 2021 with a record operating cash flow of $1.14 billion, an 8% increase driven by improved net working capital efficiency [23] - The net debt-to-EBITDA ratio increased to 3.2 times as of December 31, reflecting the debt-financed acquisition of Lehigh Hanson West [27] - The company returned $148 million to shareholders in 2021, reflecting a recent dividend increase [26] Q&A Session Summary Question: Portfolio optimization efforts regarding California cement business - Management is evaluating strategic alternatives for the California cement business and has received inquiries from interested parties, indicating a potential divestiture [45][48] Question: Trends in commercial end markets and pricing - Management noted strong non-residential construction activity, particularly in Texas, and expects continued demand for aggregates-intensive projects [56][58] Question: Balancing housing affordability and underbuilt conditions - Management highlighted the underbuilt conditions in housing and favorable population dynamics, suggesting a sustainable level of single-family home building [66][70] Question: CapEx guidance for 2022 - The increase in CapEx is primarily for organic business growth, with a significant project focused on capacity expansion expected to yield high returns [76][77] Question: Infrastructure demand and federal funding delays - Management expressed confidence in infrastructure demand, citing significant state budgets and funding mechanisms that will support ongoing projects [81][84]

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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 1-12744 MARTIN MARIETTA MATERIALS, INC. (Exact name of registrant as specified in its charter) North Carolina 56-1848578 (State ...

Martin Marietta Materials, Inc. (NYSE:MLM) Q3 2021 Earnings Conference Call November 2, 2021 11:00 AM ET Company Participants Suzanne Osberg ??? Vice President of Investor Relations Ward Nye ??? Chairman and Chief Executive Officer Jim Nickolas ??? Senior Vice President and Chief Financial Officer Conference Call Participants Trey Grooms ??? Stephens Inc Bryan Barros ??? Thompson Research Jerry Revich ??? Goldman Sachs Phil Ng ??? Jefferies Stanley Elliott ??? Stifel Courtney Yakavonis ??? Morgan Stanley Br ...

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| --- | --- | --- | --- | --- | |-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | Q2 2021 | | | | | | SUPPLEMENTAL INFORMATION* | | | | | | July 29, 2021 | | | | | | * All information provided in these slides is qualified in its entirety by reference to the Company's ...