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Compared to Estimates, Martin Marietta (MLM) Q2 Earnings: A Look at Key Metrics
ZACKSยท 2025-08-07 14:36
Core Insights - Martin Marietta reported revenue of $1.81 billion for the quarter ended June 2025, reflecting a 2.7% increase year-over-year, while EPS rose to $5.43 from $5.26 in the previous year [1] - The revenue fell short of the Zacks Consensus Estimate of $1.82 billion, resulting in a surprise of -0.33%, whereas the EPS exceeded expectations by 2.07% [1] Financial Performance Metrics - Average unit sales price for Aggregates was $23.21 per ton, slightly below the estimated $23.24 per ton [4] - Total shipments for Aggregates were 52,700 KTon, compared to the average estimate of 52,885.09 KTon [4] - Cement shipments totaled 500 KTon, below the estimated 513.84 KTon [4] - Asphalt shipments were 2,300 KTon, compared to the estimate of 2,533.60 KTon [4] - Ready mixed concrete shipments were 1,200 KCuYd, below the estimate of 1,266.20 KCuYd [4] Revenue Breakdown - Total revenues for Building Materials - Cement and ready mixed concrete were $245 million, below the average estimate of $278.59 million, representing a year-over-year decline of 6.1% [4] - Total revenues for Building Materials - Asphalt and paving were $228 million, compared to the estimated $254.59 million, reflecting a 6.9% year-over-year decline [4] - Total revenues for Magnesia Specialties were $90 million, exceeding the estimate of $83.52 million, with an 11.1% year-over-year increase [4] - Total revenues for Building Materials - Aggregates were $1.32 billion, slightly below the estimate of $1.33 billion, with a year-over-year increase of 6.3% [4] - Total revenues for Total Building Materials were $1.72 billion, below the average estimate of $1.81 billion, representing a year-over-year increase of 2.3% [4] - Interproduct sales for Building Materials were reported at -$72 million, compared to the estimate of -$70.32 million, showing a year-over-year change of +10.8% [4] Profitability Metrics - Gross profit for Building Materials - Aggregates was $430 million, slightly below the average estimate of $439.34 million [4]