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MARTIN MARIETTA MATERIALS INC FY 2025 10-K, explained in plain English

MLM · 10-K for the period ending December 31, 2025, filed February 19, 2026 · Read the original on SEC.gov →

Key financials — as reported

Total revenue$1.5B
Gross margin30.5%
Operating income$1.4B
Net income$279.0M
Diluted EPS$18.77
Cash & equivalents$67.0M
Total assets$18.7B
Long-term debt$5.3B

Key takeaway

The company classified its Texas ready-mixed concrete plants (58 locations) and its entire Midlothian, Texas cement operation as assets held for sale as of December 31, 2025, signaling a strategic divestiture of these businesses.

🔒 4 more takeaways in the full analysis

Beneath the surface

Net debt is substantial: long-term debt of $5.323B against only $67M cash leaves virtually no cash cushion, and cash fell $603M year-over-year per the cash flow reconciliation, suggesting debt-funded capital deployment or acquisitions.

🔒 4 more insights a headline reader would miss

This is the free preview. The full analysis explains every line item above and includes 8 more findings — plus insider trades, activist stakes, and 8-K events for MLM.

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