Martin Marietta Materials, Inc. (MLM) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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MLM Revenue Growth
Revenue Breakdown (FY 2025)
MLM's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
MLM Revenue Analysis (2014–2025)
As of May 8, 2026, Martin Marietta Materials, Inc. (MLM) generated trailing twelve-month (TTM) revenue of $6.55 billion, reflecting modest growth of +0.7% year-over-year. The most recent quarter (Q1 2026) recorded $1.36 billion in revenue, down 11.2% sequentially.
Looking at the longer-term picture, MLM's 5-year compound annual growth rate (CAGR) stands at +6.7%, indicating steady revenue expansion. The company achieved its highest annual revenue of $6.78 billion in 2023.
Revenue diversification analysis shows MLM's business is primarily driven by Building Materials Business (100%). With over half of revenue concentrated in Building Materials Business, the company maintains significant focus in this area while developing other growth vectors.
When compared to Basic Materials sector peers including VMC (+7.3% YoY), USLM (+9.5% YoY), and MDU (-2.1% YoY), MLM has underperformed the peer group in terms of revenue growth. Compare MLM vs VMC →
MLM Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| MLMCurrent | $6.6B | +0.7% | +6.7% | 23.3% | |
 VMC | $7.9B | +7.3% | +10.3% | 20.1% | |
 USLM | $373M | +9.5% | +18.3% | 42.4% | |
 MDU | $1.9B | -2.1% | -19.5% | 15.5% | |
 CRH | $37.4B | +50.3% | +10.7% | 14.2% | |
 EXP | $2.3B | +1.5% | +9.3% | 26.5% |
MLM Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $6.54B | +0.1% | $1.96B | 30.0% | $1.52B | 23.3% |
| 2024 | $6.54B | -3.6% | $1.88B | 28.7% | $2.71B | 41.4% |
| 2023 | $6.78B | +10.0% | $2.02B | 29.9% | $1.60B | 23.6% |
| 2022 | $6.16B | +13.8% | $1.42B | 23.1% | $1.21B | 19.6% |
| 2021 | $5.41B | +14.5% | $1.35B | 24.9% | $973.8M | 18.0% |
| 2020 | $4.73B | -0.2% | $1.25B | 26.5% | $1.01B | 21.3% |
| 2019 | $4.74B | +11.7% | $1.18B | 24.9% | $884.9M | 18.7% |
| 2018 | $4.24B | +7.0% | $966.6M | 22.8% | $690.7M | 16.3% |
| 2017 | $3.97B | +3.8% | $971.9M | 24.5% | $700.4M | 17.7% |
| 2016 | $3.82B | +7.9% | $911.7M | 23.9% | $677.3M | 17.7% |
Full MLM Stock Analysis
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Start ComparisonMLM — Frequently Asked Questions
Quick answers to the most common questions about buying MLM stock.
Is MLM's revenue growth accelerating or slowing?
MLM revenue growth slowed to +0.7%, below the 5-year CAGR of +6.7%. TTM revenue is $6.6B. The deceleration marks a shift from historical growth rates.
What is MLM's long-term revenue growth rate?
Martin Marietta Materials, Inc.'s 5-year revenue CAGR of +6.7% reflects the variable expansion pattern. Current YoY growth of +0.7% is near this long-term average.
How is MLM's revenue distributed by segment?
MLM reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.