Martin Marietta Materials Inc
MLM: XNYS (USA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| @FV | LOCK|nr | LOCK|?CNYXxS% |
Martin Marietta Earnings: Unremarkable but Solid Underlying Results Hidden by Acquisitions
Martin Marietta reported second-quarter sales growth of 21% year over year, but stripping out acquisitions and 3.7% price increases reveals 2.3% organic volume growth. The firm announced the purchase of Lhoist North America on June 27, paying $13.5 billion in enterprise value.
