Martin Marietta Materials Inc
MLM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
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| LOCK|&< | LOCK|<%> | LOCK|QmbgBd? |
Martin Marietta Earnings: Volume Growth in Lower-Margin Geographies Amounts to Flat Gross Profits
Martin Marietta reported first-quarter sales growth of 17% year over year, but outsize growth in lower-margin Central and West divisions caused gross profits to decline. Additionally, the firm announced the completion of its asset exchange with Quikrete and the acquisition of New Frontier Materials.
