Martin Marietta Materials (MLM) Q2 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure
Key numbers
- Adjusted EPS
- $5.00
- Estimate
- $4.76
- Surprise
- +5.1%
- Revenue (period 2026-06-30)
- $1.95B
- Score at report (before → after)
- 5.7 → 5.6/10
Revenue source: xbrl.
How the report landed
Martin Marietta Materials (MLM) beat the $4.76 estimate with adjusted EPS of $5.00 — a clear 5.1% upside surprise. TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Hold at 5.6/10 after the report — the engine's score fell despite the beat.
Where TrendMatrix's rating stands now
TrendMatrix currently rates MLM Sell at 5.1/10.
3 of the last 4 quarters beat the estimate; this quarter's +5.1% surprise compares with a +2.0% four-quarter average. Next scheduled report: 2026-11-03.
What supports the rating
- Strong earnings beat streak (3/4)
- Analyst upside: 21%
What argues against it
- V7 low-quality RISK_OFF penalty: -0.5 (Q=4.8)
- Sector modifier (Basic Materials): -0.1
- Weak growth
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $484.30
- Price target
- $587.44
- Stop
- $463.06
- Upside to target
- +21.3%
- Reward-to-risk
- 4.0:1
The stock trades at 31.2× trailing but 22.5× forward earnings — consensus estimates already build in a substantial earnings recovery.
Model outputs from TrendMatrix’s engine as of 2026-09-26 — shown for context, not personalized investment advice.
MLM at TrendMatrix's latest read
Materials producers report against the commodity cycle — realized-price capture and volume, not the EPS line, are the tells in a quarter like this.
- Industry
- Building Materials
- Market cap
- $34.10B
- P/E (fwd)
- 22.5
- P/E (ttm)
- 31.2
- 52-week range
- $477.40–$710.97
- Off 52-week high
- 31.9%
- RSI (14)
- 32
- Volume vs avg
- 1.25×
- Score today
- 5.1/10