{"id":772985,"date":"2023-07-27T07:39:19","date_gmt":"2023-07-27T11:39:19","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/"},"modified":"2023-07-27T07:39:19","modified_gmt":"2023-07-27T11:39:19","slug":"martin-marietta-reports-second-quarter-2023-results","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/","title":{"rendered":"Martin Marietta Reports Second-Quarter 2023 Results"},"content":{"rendered":"
\n

\n Established Quarterly Records for Revenues, Profitability and Unit Margins<\/strong>
\n \n <\/p>\n

\n Second-Quarter Aggregates Gross Profit Per Ton Increased 27.9 Percent to $6.80<\/strong>\n <\/p>\n

\n Raised Full-Year 2023 Adjusted EBITDA Guidance to $2.0 \u2013 $2.1 Billion<\/strong>\n <\/p>\n

RALEIGH, N.C., July 27, 2023 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (\u201cMartin Marietta\u201d or the \u201cCompany\u201d), a leading national supplier of aggregates and heavy building materials, today reported results for the second quarter ended June\u00a030, 2023.<\/p>\n

\n Second-Quarter Highlights<\/strong>
\n
\n (Financial highlights are for continuing operations)<\/em>\n <\/p>\n\n\n\n\n\n\n\n\n\n
\u00a0<\/td>\n\u00a0<\/td>\nQuarter Ended June\u00a030,<\/td>\n<\/tr>\n
\n (In millions, except per share)<\/em>\n <\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n% Change<\/td>\n<\/tr>\n
Total revenues 1<\/sup><\/td>\n\u00a0<\/td>\n$<\/td>\n1,820.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,641.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.9<\/td>\n%<\/td>\n<\/tr>\n
Gross profit<\/td>\n\u00a0<\/td>\n$<\/td>\n560.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n425.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31.8<\/td>\n%<\/td>\n<\/tr>\n
Earnings from operations 2<\/sup><\/td>\n\u00a0<\/td>\n$<\/td>\n463.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n478.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.2<\/td>\n)%<\/td>\n<\/tr>\n
Net earnings from continuing operations
attributable to Martin Marietta 2<\/sup><\/td>\n		\u00a0<\/td>\n$<\/td>\n347.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n353.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.6<\/td>\n)%<\/td>\n<\/tr>\n
Adjusted EBITDA 3<\/sup><\/td>\n\u00a0<\/td>\n$<\/td>\n596.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n478.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24.6<\/td>\n%<\/td>\n<\/tr>\n
Earnings per diluted share from continuing
operations 2<\/sup><\/td>\n		\u00a0<\/td>\n$<\/td>\n5.60<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5.65<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.9<\/td>\n)%<\/td>\n<\/tr>\n<\/table>\n
    \n
  1. \n Total revenues include the sales of products and services to customers (net of any discounts or allowances) and freight revenues.<\/em>\n <\/li>\n
  2. \n Quarter ended June 30, 2022 earnings from operations, net earnings from continuing operations attributable to Martin Marietta and earnings per diluted share from continuing operations include $151.7 million, $108.1 million and $1.73 per diluted share, respectively, for a nonrecurring gain on a divestiture.<\/em>\n <\/li>\n
  3. \n Earnings from continuing operations before interest, income taxes, depreciation, depletion and amortization expense, the earnings\/loss from nonconsolidated equity affiliates, acquisition and integration expenses and a nonrecurring gain on a divestiture, or Adjusted EBITDA, is a non-GAAP financial measure. See Appendix to this earnings release for a reconciliation to net earnings from continuing operations attributable to Martin Marietta.<\/em>
    \n \n <\/li>\n<\/ol>\n

    Ward Nye, Chairman and CEO of Martin Marietta, stated, \u201cMartin Marietta delivered exceptional performance across nearly every safety, financial and operational measure in the second quarter. These impressive results, despite lower aggregates shipments, demonstrate the success of our value-over-volume commercial strategy and the durability of our business model through various macroeconomic conditions. Our second-quarter results, together with our expectations for an even stronger next six months, underpin our revised full-year Adjusted EBITDA guidance range of $2.0 \u2013 $2.1 billion, a 28 percent increase at the midpoint as compared with the prior year.\u201d<\/p>\n

    \u201cAs record-setting public funds for infrastructure and manufacturing begin to enter the U.S. economy, we continue to expect that aggregates demand will accelerate in the second half of 2023. This well-chronicled increased investment should largely offset the current residential construction air pocket, which we expect to bottom in the third quarter of 2023.\u201d<\/p>\n

    Mr. Nye concluded, \u201cThis scenario, combined with continued commercial momentum and moderating cost inflation, should contribute to a record-setting year in 2023 and provide a solid foundation for an even brighter 2024 and beyond. Our fidelity to safety, enterprise excellence, sustainable business practices and execution of our strategic plan reinforces our confidence in Martin Marietta\u2019s ability to consistently deliver superior shareholder value.\u201d<\/p>\n

    Mr. Nye\u2019s CEO Commentary and Market Perspective can be found on the Investor Relations<\/strong> section of the Company\u2019s website.<\/p>\n

    \n Second-Quarter Financial and Operating Results<\/strong>\n <\/p>\n

    \n (All financial and operating results are for continuing operations and comparisons are versus the prior-year second quarter, unless otherwise noted)<\/em>\n <\/p>\n

    \n Building Materials Business<\/strong>\n <\/p>\n

    The Building Materials business generated record quarterly revenues $1.74 billion, an 11.6 percent increase. Gross profit increased 34.3 percent to a quarterly record of $536.1 million. Pricing gains contributed to gross margin improvement of 520 basis points.<\/p>\n

    \n
    \n Aggregates <\/em>
    \n <\/strong>\n <\/p>\n

    Second-quarter aggregates shipments decreased 5.7 percent while pricing increased 18.6 percent, or 17.0 percent on a mix-adjusted basis.<\/p>\n

    Aggregates gross profit increased 20.7 percent to a quarterly record of $370.9 million.<\/p>\n

    \n
    \n Cement<\/em>
    \n <\/strong>\n <\/p>\n

    Second quarter cement shipments increased to 1.1 million tons while pricing increased 21.8 percent, or 21.3 percent on a mix-adjusted basis.<\/p>\n

    Cement gross profit increased 84.0 percent to an all-time quarterly record of $93.3 million.<\/p>\n

    \n
    \n Downstream businesses<\/em>
    \n <\/strong>\n <\/p>\n

    Ready mixed concrete revenues and gross profit increased 19.7 percent and 142.3 percent, respectively.<\/p>\n

    Asphalt and paving revenues and gross profit increased 11.7 percent and 37.9 percent, respectively.<\/p>\n

    \n
    \n Portfolio Optimization<\/em>
    \n <\/strong>\n <\/p>\n

    During the second quarter, the Company completed the divestiture of its Stockton, California cement import terminal and terminated the agreement with CalPortland Company regarding the sale of the Tehachapi, California cement plant in light of being unable to timely obtain the necessary approval by the U.S. Federal Trade Commission. The Company is actively exploring the potential sale of Tehachapi to other interested parties. The Tehachapi cement business is classified within assets held for sale on the Company\u2019s consolidated balance sheet and the associated financial results continue to be reported as discontinued operations on the consolidated statement of earnings.<\/p>\n

    \n Magnesia Specialties Business<\/strong>\n <\/p>\n

    Magnesia Specialties revenues were $80.5 million in the second quarter while gross profit increased 13.0 percent to $27.7 million due to pricing and a moderation of energy expenses.<\/p>\n

    \n Cash Generation, Capital Allocation and Liquidity<\/strong>\n <\/p>\n

    Cash provided by operating activities for the six months ended June 30, 2023 was $518.5 million compared with $286.2 million for the prior-year period.<\/p>\n

    Cash paid for property, plant and equipment additions for the six months ended June 30, 2023 was $293.4 million.<\/p>\n

    During the six months ended June 30, 2023, the Company returned $232.5 million to shareholders through dividend payments and share repurchases. As of June 30, 2023, 12.7 million shares remained under the current repurchase authorization.<\/p>\n

    The Company had $421.5 million of unrestricted cash and cash equivalents on hand and $1.20 billion of unused borrowing capacity on its existing credit facilities as of June 30, 2023.<\/p>\n

    \n Full-Year 2023 Guidance<\/strong>\n <\/p>\n

    The Company\u2019s 2023 guidance excludes businesses classified as discontinued operations.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    \n 2023 GUIDANCE<\/strong>\n <\/td>\n<\/tr>\n
    \n (Dollars in Millions)<\/em>\n <\/td>\n\u00a0<\/td>\nLow *<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nHigh *<\/td>\n<\/tr>\n
    \n Consolidated<\/u>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Total revenues1<\/sup><\/td>\n\u00a0<\/td>\n$<\/td>\n6,725<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6,860<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Interest expense<\/td>\n\u00a0<\/td>\n$<\/td>\n165<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n170<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Estimated tax rate (excluding discrete events)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22<\/td>\n%\u00a0<\/td>\n<\/tr>\n
    Net earnings from continuing operations attributable to Martin Marietta<\/td>\n\u00a0<\/td>\n$<\/td>\n1,040<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,150<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Adjusted EBITDA2<\/sup><\/td>\n\u00a0<\/td>\n$<\/td>\n2,000<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,100<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Capital expenditures<\/td>\n\u00a0<\/td>\n$<\/td>\n575<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n625<\/td>\n\u00a0<\/td>\n<\/tr>\n
    \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    \n Building Materials Business<\/u>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    \n Aggregates<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Volume % growth3<\/sup><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.0<\/td>\n)%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.0<\/td>\n)%<\/td>\n<\/tr>\n
    ASP % growth4<\/sup><\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n17.0<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19.0<\/td>\n%\u00a0<\/td>\n<\/tr>\n
    Gross profit<\/td>\n\u00a0<\/td>\n$<\/td>\n1,330<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,395<\/td>\n\u00a0<\/td>\n<\/tr>\n
    \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    \n Cement, Ready Mixed Concrete and Asphalt and Paving<\/em>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Gross profit<\/td>\n\u00a0<\/td>\n$<\/td>\n470<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n515<\/td>\n\u00a0<\/td>\n<\/tr>\n
    \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    \n Magnesia Specialties Business<\/u>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
    Gross profit<\/td>\n\u00a0<\/td>\n$<\/td>\n100<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n110<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

    \n * Guidance range represents the low end and high end of the respective line items provided above.<\/em>\n <\/p>\n

      \n
    1. \n Total revenues include the sales of products and services to customers (net of any discounts or allowances) and freight revenues.<\/em>\n <\/li>\n
    2. \n Adjusted EBITDA is a non-GAAP financial measure. See Appendix to this earnings release for a reconciliation to net earnings from continuing operations attributable to Martin Marietta. <\/em>\n <\/li>\n
    3. \n Volume growth range is for aggregates shipments, inclusive of internal tons, and is in comparison to 2022 shipments of 207.7 million tons.<\/em>\n <\/li>\n
    4. \n ASP growth is for aggregates average selling price and is in comparison to 2022 ASP of $16.68 per ton.<\/em>\n <\/li>\n<\/ol>\n

      \n Non-GAAP Financial Information<\/strong>\n <\/p>\n

      This earnings release contains financial measures that have not been prepared in accordance with generally accepted accounting principles in the United States (GAAP). Reconciliations of non-GAAP financial measures to the closest GAAP measures are included in the Appendix to this earnings release. Management believes these non-GAAP measures are commonly used financial measures for investors to evaluate the Company\u2019s operating performance and, when read in conjunction with the Company\u2019s consolidated financial statements, present a useful tool to evaluate the Company\u2019s ongoing operations, performance from period to period and anticipated performance. In addition, these are some of the factors the Company uses in internal evaluations of the overall performance of its businesses. Management acknowledges that there are many items that impact a company\u2019s reported results and the adjustments reflected in these non-GAAP measures are not intended to present all items that may have impacted these results. In addition, these non-GAAP measures are not necessarily comparable to similarly titled measures used by other companies.<\/p>\n

      \n Conference Call Information<\/strong>\n <\/p>\n

      The Company will discuss its second-quarter 2023 earnings results on a conference call and an online webcast today (July 27, 2023). The live broadcast of the Martin Marietta conference call will begin at 10:00 a.m. Eastern Time and can be accessed by dialing +1 (416) 764-8658 and using conference ID 80604974. Please dial in at least 15 minutes in advance to ensure a timely connection to the call. An online replay will be available approximately two hours following the conclusion of the live broadcast. A link to these events will be available at the Company\u2019s website. Additionally, the Company has posted Q2 2023 Supplemental Information on the Investors<\/strong><\/a> section of its website.<\/p>\n

      \n About Martin Marietta<\/strong>\n <\/p>\n

      Martin Marietta, a member of the S&P 500 Index, is an American-based company and a leading supplier of building materials, including aggregates, cement, ready mixed concrete and asphalt. Through a network of operations spanning 28 states, Canada and The Bahamas, dedicated Martin Marietta teams supply the resources necessary for building the solid foundations on which our communities thrive. Martin Marietta\u2019s Magnesia Specialties business provides a full range of magnesium oxide, magnesium hydroxide and dolomitic lime products. For more information, visit www.martinmarietta.com<\/a>\u00a0or www.magnesiaspecialties.com<\/a>.<\/p>\n

      Investor Contacts:<\/p>\n\n\n\n\n\n
      \n Jennifer Park<\/strong>\n <\/td>\n\n Jacklyn Rooker<\/strong>\n <\/td>\n<\/tr>\n
      Vice President, Investor Relations<\/td>\nDirector, Investor Relations<\/td>\n<\/tr>\n
      +1 (919) 510-4736<\/td>\n+1 (919) 510-4709<\/td>\n<\/tr>\n
      \n Jennifer.Park@martinmarietta.com<\/a>\u00a0<\/td>\n\n Jacklyn.Rooker@martinmarietta.com<\/a>\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n MLM-E<\/em>.<\/p>\n

      \n If you are interested in Martin Marietta stock, management recommends that, at a minimum, reading the Company\u2019s current annual report and Forms 10-K, 10-Q and 8-K reports to the Securities and Exchange Commission (SEC) over the past year. The Company\u2019s recent proxy statement for the annual meeting of shareholders also contains important information. These and other materials that have been filed with the SEC are accessible through the Company\u2019s website at www.martinmarietta.com<\/a>\u00a0and are also available at the SEC\u2019s website at www.sec.gov<\/a>. You may also write or call the Company\u2019s Corporate Secretary, who will provide copies of such reports.<\/em>\n <\/p>\n

      \n Investors are cautioned that all statements in this release that relate to the future involve risks and uncertainties, and are based on assumptions that the Company believes in good faith are reasonable but which may be materially different from actual results. These statements, which are forward-looking statements under the Private Securities Litigation Reform Act of 1995, provide the investor with the Company\u2019s expectations or forecasts of future events. You can identify these statements by the fact that they do not relate only to historical or current facts. They may use words such as \u201cguidance\u201d, \u201canticipate\u201d, \u201cmay\u201d, \u201cexpect\u201d, \u201cshould\u201d, \u201cbelieve\u201d, \u201cwill\u201d, and other words of similar meaning in connection with future events or future operating or financial performance. Any or all of the Company\u2019s forward-looking statements here and in other publications may turn out to be wrong.<\/em>\n <\/p>\n

      \n Second-quarter results and trends described in this release may not necessarily be indicative of the Company\u2019s future performance. The Company\u2019s outlook is subject to various risks and uncertainties and is based on assumptions that the Company believes in good faith are reasonable but which may be materially different from actual results. Factors that the Company currently believes could cause actual results to differ materially from the forward-looking statements in this release (including the outlook) include, but are not limited to: the ability of the Company to face challenges, including shipment declines resulting from economic events beyond the Company\u2019s control; a widespread decline in aggregates pricing, including a decline in aggregates shipment volume negatively affecting aggregates price; the history of both cement and ready mixed concrete being subject to significant changes in supply, demand and price fluctuations; the termination, capping and\/or reduction or suspension of the federal and\/or state fuel tax(es) or other revenue related to public construction; the level and timing of federal, state or local transportation or infrastructure or public projects funding and any issues arising with such federal and state budgets, most particularly in Texas, Colorado, California, North Carolina, Georgia, Minnesota, Iowa, Florida, Indiana and Arizona; the United States Congress\u2019 inability to reach agreement among themselves or with the Administration on policy issues that impact the federal budget; the ability of states and\/or other entities to finance approved projects either with tax revenues or alternative financing structures; levels of construction spending in the markets the Company serves; a reduction in defense spending and the subsequent impact on construction activity on or near military bases; a decline in energy-related construction activity resulting from suspension of the fuel tax or a sustained period of low global oil prices or changes in oil production patterns or capital spending, particularly in Texas and West Virginia; increasing residential mortgage interest rates and other factors that could result in a slowdown in residential construction; unfavorable weather conditions, particularly Atlantic Ocean, Pacific Ocean and Gulf of Mexico storm and hurricane activity, wildfires, the late start to spring or the early onset of winter and the impact of a drought or excessive rainfall in the markets served by the Company, any of which can significantly affect production schedules, volumes, product and\/or geographic mix and profitability; the volatility of fuel costs, particularly diesel fuel and the impact on the cost, or the availability generally, of other consumables, namely steel, explosives, tires and conveyor belts, and with respect to the Company\u2019s Magnesia Specialties business, natural gas; continued increases in the cost of other repair and supply parts; construction labor shortages and\/or supply\u2010chain challenges; unexpected equipment failures, unscheduled maintenance, industrial accident or other prolonged and\/or significant disruption to production facilities; the resiliency and potential declines of the Company\u2019s various construction end-use markets; the potential negative impacts of new waves of COVID-19 or its variants, or any other outbreak of disease, epidemic or pandemic, or similar public health threat, or fear of such event and its related economic and societal response; increasing governmental regulation, including environmental laws and climate change regulations; transportation availability or a sustained reduction in capital investment by the railroads, notably the availability of railcars, locomotive power and the condition of rail infrastructure to move trains to supply the Company\u2019s Texas, Colorado, Florida, Carolinas and Gulf Coast markets, including the movement of essential dolomitic lime for magnesia chemicals to the Company\u2019s plant in Manistee, Michigan and its customers; increased transportation costs, including increases from higher or fluctuating passed-through energy costs or fuel surcharges, and other costs to comply with tightening regulations, as well as higher volumes of rail and water shipments; availability of trucks and licensed drivers for transport of the Company\u2019s materials; availability and cost of construction equipment in the United States; weakening in the steel industry markets served by the Company\u2019s dolomitic lime products; trade disputes with one or more nations impacting the U.S. economy, including the impact of tariffs on the steel industry; unplanned changes in costs or realignment of customers that introduce volatility to earnings, including that of the Magnesia Specialties business that is running at capacity; proper functioning of information technology and automated operating systems to manage or support operations; inflation and its effect on both production and interest costs; the concentration of customers in construction markets and the increased risk of potential losses on customer receivables; the impact of the level of demand in the Company\u2019s end-use markets, production levels and management of production costs on the operating leverage and therefore profitability of the Company; the possibility that the expected synergies from acquisitions will not be realized or will not be realized within the expected time period, including achieving anticipated profitability to maintain compliance with the Company\u2019s leverage ratio debt covenant; changes in tax laws, the interpretation of such laws and\/or administrative practices, including acquisitions or divestitures, that would increase the Company\u2019s tax rate; violation of the Company\u2019s debt covenant if price and\/or volumes return to previous levels of instability; downward pressure on the Company\u2019s common stock price and its impact on goodwill impairment evaluations; the possibility of a reduction of the Company\u2019s credit rating to non-investment grade; and other risk factors listed from time to time found in the Company\u2019s filings with the SEC. <\/em>\n <\/p>\n

      \n You should consider these forward-looking statements in light of risk factors discussed in Martin Marietta\u2019s Annual Report on Form 10-K for the year ended December 31, 2022 and other periodic filings made with the SEC. All of the Company\u2019s forward-looking statements should be considered in light of these factors. In addition, other risks and uncertainties not presently known to the Company or that it considers immaterial could affect the accuracy of its forward-looking statements, or adversely affect or be material to the Company. The Company assumes no obligation to update any such forward-looking statements.<\/em>\n <\/p>\n

      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>
      \n
      \n Unaudited Statements of Earnings<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\n (In Millions, Except Per Share Data)<\/em>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total Revenues<\/td>\n\u00a0<\/td>\n$<\/td>\n1,820.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,641.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,174.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,872.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total Cost of Revenues<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,260.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,216.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,311.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,291.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Gross Profit<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n560.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n425.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n863.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n581.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Selling, general and administrative expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n111.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n104.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n216.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n201.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Acquisition and integration expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other operating income, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(14.9<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(160.4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(13.3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(162.6<\/td>\n)<\/td>\n<\/tr>\n
      Earnings from Operations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n463.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n478.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n659.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n538.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Interest expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n42.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n43.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n84.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n83.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other nonoperating income, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(18.7<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(22.0<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(34.9<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(32.9<\/td>\n)<\/td>\n<\/tr>\n
      Earnings from continuing operations before income tax expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n439.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n457.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n609.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n487.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Income tax expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n91.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n104.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n110.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Earnings from continuing operations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n347.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n353.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n482.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n377.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Earnings (Loss) from discontinued operations, net of income tax expense (benefit)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(12.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n10.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Consolidated net earnings<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n348.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n366.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n470.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n387.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Less: Net earnings (loss) attributable to noncontrolling interests<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.2<\/td>\n)<\/td>\n<\/tr>\n
      Net Earnings Attributable to Martin Marietta<\/td>\n\u00a0<\/td>\n$<\/td>\n348.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n366.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n469.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n387.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net Earnings (Loss) Attributable to Martin Marietta<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Per Common Share:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Basic from continuing operations<\/td>\n\u00a0<\/td>\n$<\/td>\n5.61<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5.66<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7.78<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6.06<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Basic from discontinued operations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.01<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.21<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.20<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.16<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5.62<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5.87<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7.58<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6.22<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Diluted from continuing operations<\/td>\n\u00a0<\/td>\n$<\/td>\n5.60<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5.65<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7.76<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6.04<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Diluted from discontinued operations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.01<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.21<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.20<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.16<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5.61<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n5.86<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n7.56<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n6.20<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Weighted-Average Common Shares Outstanding:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Basic<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n61.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Diluted<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.6<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      \n Unaudited Operating Segment Financial Highlights<\/strong>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\n (Dollars in Millions)<\/em>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total revenues:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Building Materials:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      East Group<\/td>\n\u00a0<\/td>\n$<\/td>\n735.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n674.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,264.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,093.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
      West Group<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,005.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n885.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,746.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,620.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total Building Materials<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,740.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,560.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,011.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,713.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Magnesia Specialties<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n80.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n81.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n163.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n158.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total<\/td>\n\u00a0<\/td>\n$<\/td>\n1,820.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,641.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,174.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,872.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Earnings (Loss) from operations:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Building Materials:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      East Group<\/td>\n\u00a0<\/td>\n$<\/td>\n227.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n210.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n336.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n238.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      West Group<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n239.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n274.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n334.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n317.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total Building Materials<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n467.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n485.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n670.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n556.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Magnesia Specialties<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n23.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n43.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n41.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Corporate<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(27.1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(26.8<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(55.3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(59.5<\/td>\n)<\/td>\n<\/tr>\n
      Total<\/td>\n\u00a0<\/td>\n$<\/td>\n463.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n478.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n659.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n538.4<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>\n <\/td>\n<\/tr>\n
      \n Unaudited Product Line Financial Highlights <\/strong>\n <\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n2022<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nAmount<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n% of Revenues<\/td>\n\u00a0<\/td>\nAmount<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n% of Revenues<\/td>\n\u00a0<\/td>\nAmount<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n% of Revenues<\/td>\n\u00a0<\/td>\nAmount<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n% of Revenues<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\n (Dollars in Millions)<\/em>\n <\/td>\n<\/tr>\n
      Total revenues:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Building Materials:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Aggregates<\/td>\n\u00a0<\/td>\n$<\/td>\n1,151.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,057.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,063.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,814.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cement<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n197.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n162.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n366.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n300.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Ready mixed concrete<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n271.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n226.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n491.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n517.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Asphalt and paving<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n240.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n215.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n298.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n272.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Less: Interproduct sales<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(121.1<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(102.4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(208.6<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(191.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total Building Materials<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,740.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1,560.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3,011.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,713.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Magnesia Specialties<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n80.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n81.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n163.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n158.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Consolidated total revenues<\/td>\n\u00a0<\/td>\n$<\/td>\n1,820.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,641.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n3,174.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,872.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Gross profit (loss):<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Building Materials:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Aggregates<\/td>\n\u00a0<\/td>\n$<\/td>\n370.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n32.2%<\/td>\n\u00a0<\/td>\n$<\/td>\n307.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.1%<\/td>\n\u00a0<\/td>\n$<\/td>\n608.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.5%<\/td>\n\u00a0<\/td>\n$<\/td>\n410.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n22.6%<\/td>\n<\/tr>\n
      Cement<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n93.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n47.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n140.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n38.3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n77.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25.8%<\/td>\n<\/tr>\n
      Ready mixed concrete<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n35.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n14.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6.4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n46.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n9.5%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n36.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.1%<\/td>\n<\/tr>\n
      Asphalt and paving<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n36.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n15.2%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n12.3%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n16.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n5.4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n13.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.9%<\/td>\n<\/tr>\n
      Total Building Materials<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n536.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.8%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n399.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25.6%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n811.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n537.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n19.8%<\/td>\n<\/tr>\n
      Magnesia Specialties<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n34.4%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.0%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n52.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n32.1%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n50.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31.6%<\/td>\n<\/tr>\n
      Corporate<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.4<\/td>\n)<\/td>\n\u00a0<\/td>\nNM<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nNM<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.4<\/td>\n)<\/td>\n\u00a0<\/td>\nNM<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(6.4<\/td>\n)<\/td>\n\u00a0<\/td>\nNM<\/td>\n<\/tr>\n
      Consolidated gross profit<\/td>\n\u00a0<\/td>\n$<\/td>\n560.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n30.8%<\/td>\n\u00a0<\/td>\n$<\/td>\n425.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n25.9%<\/td>\n\u00a0<\/td>\n$<\/td>\n863.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27.2%<\/td>\n\u00a0<\/td>\n$<\/td>\n581.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20.2%<\/td>\n<\/tr>\n<\/table>\n

      \n \n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>\n <\/td>\n<\/tr>\n
      \n Balance Sheet Data<\/strong>\n <\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nDecember\u00a031,<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nUnaudited<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nAudited<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\n (In millions)<\/em>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      ASSETS<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cash and cash equivalents<\/td>\n\u00a0<\/td>\n$<\/td>\n421.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n358.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Restricted cash<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Restricted investments (to satisfy discharged debt and related interest)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n702.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n704.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Accounts receivable, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n979.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n785.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Inventories, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n954.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n873.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Current assets held for sale<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n44.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n73.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other current assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n89.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n80.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Property, plant and equipment, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,312.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n6,316.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Intangible assets, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,483.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,497.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Operating lease right-of-use assets, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n384.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n383.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Noncurrent assets held for sale<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n325.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n372.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other noncurrent assets<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n547.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n546.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total assets<\/td>\n\u00a0<\/td>\n$<\/td>\n15,246.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,993.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      LIABILITIES AND EQUITY<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Current maturities of discharged long-term debt<\/td>\n\u00a0<\/td>\n$<\/td>\n700.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n699.1<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Current liabilities held for sale<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other current liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n741.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n742.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Long-term debt (excluding current maturities)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,343.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4,340.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Noncurrent liabilities held for sale<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n17.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other noncurrent liabilities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,019.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2,012.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total equity<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,423.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7,172.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Total liabilities and equity<\/td>\n\u00a0<\/td>\n$<\/td>\n15,246.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n14,993.6<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n
      \n
      \n <\/strong>\n <\/p>\n

      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>
      \n
      \n Unaudited Statements of Cash Flows<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \u00a0<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\n (Dollars in Millions)<\/em>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cash Flows from Operating Activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Consolidated net earnings<\/td>\n\u00a0<\/td>\n$<\/td>\n470.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n387.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Adjustments to reconcile consolidated net earnings to net cash provided by operating activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Depreciation, depletion and amortization<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n253.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n256.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Stock-based compensation expense<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n27.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n24.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Gain on sales of assets, divestitures and extinguishment of debt<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(16.3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(173.9<\/td>\n)<\/td>\n<\/tr>\n
      Deferred income taxes, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(32.7<\/td>\n)<\/td>\n<\/tr>\n
      Other items, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.4<\/td>\n)<\/td>\n<\/tr>\n
      Changes in operating assets and liabilities, net of effects of acquisitions and divestitures:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Accounts receivable, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(196.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(252.6<\/td>\n)<\/td>\n<\/tr>\n
      Inventories, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(92.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(79.5<\/td>\n)<\/td>\n<\/tr>\n
      Accounts payable<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n44.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n68.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other assets and liabilities, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n31.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n91.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net Cash Provided by Operating Activities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n518.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n286.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cash Flows from Investing Activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Additions to property, plant and equipment<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(293.4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(220.7<\/td>\n)<\/td>\n<\/tr>\n
      Acquisitions, net of cash acquired<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n11.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Proceeds from sales of assets and divestitures<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n95.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n644.4<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Investments in life insurance contracts, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.8<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Other investing activities, net<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(4.2<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.0<\/td>\n)<\/td>\n<\/tr>\n
      Net Cash (Used for) Provided by Investing Activities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(197.3<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n433.5<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cash Flows from Financing Activities:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Repayments of debt<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(47.7<\/td>\n)<\/td>\n<\/tr>\n
      Payments on finance lease obligations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(8.4<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(7.3<\/td>\n)<\/td>\n<\/tr>\n
      Dividends paid<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(82.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(77.0<\/td>\n)<\/td>\n<\/tr>\n
      Repurchases of common stock<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(150.0<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(50.0<\/td>\n)<\/td>\n<\/tr>\n
      Distributions to owners of noncontrolling interest<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Proceeds from exercise of stock options<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.6<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Shares withheld for employees\u2019 income tax obligations<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(17.9<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(25.1<\/td>\n)<\/td>\n<\/tr>\n
      Net Cash Used for Financing Activities<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(258.5<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(206.5<\/td>\n)<\/td>\n<\/tr>\n
      Net Increase in Cash, Cash Equivalents and Restricted Cash<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n62.7<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n513.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cash, Cash Equivalents and Restricted Cash, beginning of period<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n358.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n258.9<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Cash, Cash Equivalents and Restricted Cash, end of period<\/td>\n\u00a0<\/td>\n$<\/td>\n421.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n772.1<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n
      \n
      \n <\/strong>\n <\/p>\n

      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>
      \n
      \n Unaudited Operational Highlights<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n% Change<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n% Change<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \n Total Shipments <\/strong>(in millions)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Aggregates tons<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n54.5<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n57.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(5.7<\/td>\n)%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n96.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n99.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.6<\/td>\n)%<\/td>\n<\/tr>\n
      Cement tons<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.2<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.2<\/td>\n)%<\/td>\n<\/tr>\n
      Ready mixed concrete cubic yards<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.8<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(1.7<\/td>\n)%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(21.9<\/td>\n)%<\/td>\n<\/tr>\n
      Asphalt tons<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.7<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n3.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(3.9<\/td>\n)%<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \n Average unit sales price by product line (including internal sales):<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Aggregates (per ton)<\/td>\n\u00a0<\/td>\n$<\/td>\n19.37<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16.34<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18.6<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n19.57<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16.27<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20.3<\/td>\n%<\/td>\n<\/tr>\n
      Cement (per ton)<\/td>\n\u00a0<\/td>\n$<\/td>\n170.46<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n140.00<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21.8<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n170.55<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n134.79<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26.5<\/td>\n%<\/td>\n<\/tr>\n
      Ready mixed concrete (per cubic yard)<\/td>\n\u00a0<\/td>\n$<\/td>\n151.75<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n124.51<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21.9<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n148.68<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n122.34<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21.5<\/td>\n%<\/td>\n<\/tr>\n
      Asphalt (per ton)<\/td>\n\u00a0<\/td>\n$<\/td>\n65.34<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n60.54<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n7.9<\/td>\n%<\/td>\n\u00a0<\/td>\n$<\/td>\n65.87<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n60.93<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n8.1<\/td>\n%<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>
      \n
      \n Non-GAAP Financial Measures <\/strong>\n <\/p>\n

      Earnings from continuing operations before interest; income taxes; depreciation, depletion and amortization expense; the earnings\/loss from nonconsolidated equity affiliates; acquisition and integration expenses; and the nonrecurring gain on divestiture (Adjusted EBITDA) is an indicator used by the Company and investors to evaluate the Company\u2019s operating performance from period to period. Adjusted EBITDA is not defined by generally accepted accounting principles and, as such, should not be construed as an alternative to earnings from operations, net earnings attributable to Martin Marietta or operating cash flow. For further information on Adjusted EBITDA, refer to the Company\u2019s website at www.martinmarietta.com<\/a>.<\/p>\n

      \n Reconciliation of Net Earnings from Continuing Operations Attributable to Martin Marietta to Adjusted EBITDA<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\n (Dollars in Millions)<\/em>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net earnings from continuing operations attributable to Martin Marietta<\/td>\n\u00a0<\/td>\n$<\/td>\n347.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n353.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n481.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n377.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Add back (Deduct):<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Interest expense, net of interest income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n29.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n42.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n61.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n82.7<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Income tax expense for controlling interests<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n91.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n104.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n110.2<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Depreciation, depletion and amortization expense and earnings\/loss from nonconsolidated equity affiliates<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n126.6<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n127.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n248.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n252.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Acquisition and integration expenses<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n0.4<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2.9<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n1.2<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n4.3<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Nonrecurring gain on divestiture<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(151.7<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u2014<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(151.7<\/td>\n)<\/td>\n<\/tr>\n
      Adjusted EBITDA<\/td>\n\u00a0<\/td>\n$<\/td>\n596.1<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n478.3<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n920.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n675.5<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n
      \n
      \n <\/strong>\n <\/p>\n

      \n Reconciliation of the GAAP Measure to 2023 Adjusted EBITDA Guidance Range<\/strong>\n <\/p>\n\n\n\n\n\n\n\n\n\n
      \u00a0<\/td>\n\u00a0<\/td>\nLow Point of Range<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nHigh Point of Range<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\n (Dollars in Millions)<\/em>\n <\/td>\n\u00a0<\/td>\n<\/tr>\n
      Net earnings from continuing operations attributable to
      Martin Marietta<\/td>\n      		\u00a0<\/td>\n$<\/td>\n1,040.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n1,150.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Add back:<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Interest expense, net of interest income<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n150.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n155.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Income tax expense for controlling interests<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n310.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n275.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Depreciation, depletion and amortization expense and
      earnings\/loss from nonconsolidated equity affiliates<\/td>\n      		\u00a0<\/td>\n\u00a0<\/td>\n500.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n520.0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Adjusted EBITDA<\/td>\n\u00a0<\/td>\n$<\/td>\n2,000.0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n2,100.0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n
      \n
      \n <\/strong>\n <\/p>\n

      \n MARTIN MARIETTA MATERIALS, INC.<\/strong>
      \n
      \n Non-GAAP Financial Measures (Continued)<\/strong>\n <\/p>\n

      Mix-adjusted average selling price (mix-adjusted ASP) is a non-GAAP measure that excludes the impact of period-over-period product, geographic and other mix on the average selling price. Mix-adjusted ASP is calculated by comparing current-period shipments to like-for-like shipments in the comparable prior period. Management uses this metric to evaluate the realization of pricing increases and believes this information is useful to investors. The following reconciles reported average selling price to mix-adjusted ASP and corresponding variances.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
      \u00a0<\/td>\n\u00a0<\/td>\nThree Months Ended<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nSix Months Ended<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\nJune\u00a030,<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2023<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n2022<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \n Aggregates:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Reported average selling price<\/td>\n\u00a0<\/td>\n$<\/td>\n19.37<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16.34<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n19.57<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n16.27<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Adjustment for impact of product, geographic
      and other mix<\/td>\n      		\u00a0<\/td>\n\u00a0<\/td>\n(0.25<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.33<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Mix-adjusted ASP<\/td>\n\u00a0<\/td>\n$<\/td>\n19.12<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n19.24<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Reported average selling price variance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18.6<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n20.3<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Mix-adjusted ASP variance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n17.0<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n18.3<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \n Cement – Continuing Operations:<\/strong>\n <\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Reported average selling price<\/td>\n\u00a0<\/td>\n$<\/td>\n170.46<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n140.00<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n170.55<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n134.79<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Adjustment for impact of product, geographic
      and other mix<\/td>\n      		\u00a0<\/td>\n\u00a0<\/td>\n(0.63<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n(0.61<\/td>\n)<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Mix-adjusted ASP<\/td>\n\u00a0<\/td>\n$<\/td>\n169.83<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n$<\/td>\n169.94<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      \u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Reported average selling price variance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21.8<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26.5<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n
      Mix-adjusted ASP variance<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n21.3<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n26.1<\/td>\n%<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n\u00a0<\/td>\n<\/tr>\n<\/table>\n

      \n
      \n
      \n \n <\/div>\n

      <\/div>\n","protected":false},"excerpt":{"rendered":"

      Established Quarterly Records for Revenues, Profitability and Unit Margins Second-Quarter Aggregates Gross Profit Per Ton Increased 27.9 Percent to $6.80 Raised Full-Year 2023 Adjusted EBITDA Guidance to $2.0 \u2013 $2.1 Billion RALEIGH, N.C., July 27, 2023 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (\u201cMartin Marietta\u201d or the \u201cCompany\u201d), a leading national supplier of aggregates and heavy building materials, today reported results for the second quarter ended June\u00a030, 2023. Second-Quarter Highlights (Financial highlights are for continuing operations) \u00a0 \u00a0 Quarter Ended June\u00a030, (In millions, except per share) \u00a0 2023 \u00a0 \u00a0 2022 \u00a0 \u00a0 % Change Total revenues 1 \u00a0 $ 1,820.8 \u00a0 \u00a0 $ 1,641.7 \u00a0 \u00a0 10.9 % Gross profit \u00a0 $ 560.4 \u00a0 \u00a0 $ 425.2 … <\/p>\n

      Continue reading “Martin Marietta Reports Second-Quarter 2023 Results”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-772985","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nMartin Marietta Reports Second-Quarter 2023 Results - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Martin Marietta Reports Second-Quarter 2023 Results - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Established Quarterly Records for Revenues, Profitability and Unit Margins Second-Quarter Aggregates Gross Profit Per Ton Increased 27.9 Percent to $6.80 Raised Full-Year 2023 Adjusted EBITDA Guidance to $2.0 \u2013 $2.1 Billion RALEIGH, N.C., July 27, 2023 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (\u201cMartin Marietta\u201d or the \u201cCompany\u201d), a leading national supplier of aggregates and heavy building materials, today reported results for the second quarter ended June\u00a030, 2023. Second-Quarter Highlights (Financial highlights are for continuing operations) \u00a0 \u00a0 Quarter Ended June\u00a030, (In millions, except per share) \u00a0 2023 \u00a0 \u00a0 2022 \u00a0 \u00a0 % Change Total revenues 1 \u00a0 $ 1,820.8 \u00a0 \u00a0 $ 1,641.7 \u00a0 \u00a0 10.9 % Gross profit \u00a0 $ 560.4 \u00a0 \u00a0 $ 425.2 … Continue reading "Martin Marietta Reports Second-Quarter 2023 Results"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-07-27T11:39:19+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4MTU5NSM1NzExMTgzIzIwMDY2ODY=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"18 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/martin-marietta-reports-second-quarter-2023-results\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/martin-marietta-reports-second-quarter-2023-results\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Martin Marietta Reports Second-Quarter 2023 Results\",\"datePublished\":\"2023-07-27T11:39:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/martin-marietta-reports-second-quarter-2023-results\\\/\"},\"wordCount\":3615,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/martin-marietta-reports-second-quarter-2023-results\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODg4MTU5NSM1NzExMTgzIzIwMDY2ODY=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/martin-marietta-reports-second-quarter-2023-results\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/martin-marietta-reports-second-quarter-2023-results\\\/\",\"name\":\"Martin Marietta Reports Second-Quarter 2023 Results - 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/","og_locale":"en_US","og_type":"article","og_title":"Martin Marietta Reports Second-Quarter 2023 Results - Market Newsdesk","og_description":"Established Quarterly Records for Revenues, Profitability and Unit Margins Second-Quarter Aggregates Gross Profit Per Ton Increased 27.9 Percent to $6.80 Raised Full-Year 2023 Adjusted EBITDA Guidance to $2.0 \u2013 $2.1 Billion RALEIGH, N.C., July 27, 2023 (GLOBE NEWSWIRE) — Martin Marietta Materials, Inc. (NYSE: MLM) (\u201cMartin Marietta\u201d or the \u201cCompany\u201d), a leading national supplier of aggregates and heavy building materials, today reported results for the second quarter ended June\u00a030, 2023. Second-Quarter Highlights (Financial highlights are for continuing operations) \u00a0 \u00a0 Quarter Ended June\u00a030, (In millions, except per share) \u00a0 2023 \u00a0 \u00a0 2022 \u00a0 \u00a0 % Change Total revenues 1 \u00a0 $ 1,820.8 \u00a0 \u00a0 $ 1,641.7 \u00a0 \u00a0 10.9 % Gross profit \u00a0 $ 560.4 \u00a0 \u00a0 $ 425.2 … Continue reading \"Martin Marietta Reports Second-Quarter 2023 Results\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/","og_site_name":"Market Newsdesk","article_published_time":"2023-07-27T11:39:19+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4MTU5NSM1NzExMTgzIzIwMDY2ODY=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"18 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Martin Marietta Reports Second-Quarter 2023 Results","datePublished":"2023-07-27T11:39:19+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/"},"wordCount":3615,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg4MTU5NSM1NzExMTgzIzIwMDY2ODY=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/martin-marietta-reports-second-quarter-2023-results\/","name":"Martin Marietta Reports Second-Quarter 2023 Results - 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