Martin Marietta Materials (MLM) Tax Rate (2009 - 2026)
Martin Marietta Materials (MLM) posted Tax Rate of 32.48% for Q1 2026, up 33.26% on a QoQ basis from 24.37% in Q4 2025, and up 1127.0% year-over-year from 2.65% in Q1 2025.
Martin Marietta Materials (MLM) Tax Rate (2009 - 2026) Analysis & Trends
Martin Marietta Materials' Tax Rate history runs 18 years deep, the most recent figure standing at 32.48% for Q1 2026.
- Quarterly Tax Rate rose 1127.0% year-over-year to 32.48% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.12% (up 4371.0% YoY) and the FY2025 annual result came in at 21.04%, up 1803.0% from the prior year.
- Tax Rate was 32.48% for Q1 2026 at Martin Marietta Materials, up from 24.37% in the prior quarter.
- Across five years, Tax Rate topped out at 32.48% in Q1 2026 and bottomed at 308.82% in Q4 2023.
- A 5-year average of 7.8% and a median of 20.91% in 2023 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2023 — Tax Rate slumped 32840 bps — and 2025, when it surged 17902 bps.
- Martin Marietta Materials' Tax Rate stood at 19.58% in 2022, then tumbled by 1677 bps to 308.82% in 2023, then jumped by 50 bps to 154.64% in 2024, then surged by 116 bps to 24.37% in 2025, then surged by 33 bps to 32.48% in 2026.
- Business Quant data shows MLM's Tax Rate at 32.48% in Q1 2026, 24.37% in Q4 2025, and 19.78% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 68.97 Bn | 66.12 Bn | 2.05 Bn | 24.55% |
| 2 | Vulcan Materials | 35.82 Bn | 35.70 Bn | 422.70 Mn | 21.56% |
| 3 | Martin Marietta Materials | 32.98 Bn | 32.71 Bn | 310.00 Mn | 32.48% |
| 4 | Amrize | 26.73 Bn | 25.63 Bn | 211.00 Mn | 18.62% |
| 5 | Cemex Sab De Cv | 17.67 Bn | 17.29 Bn | 1.62 Bn | -28.20% |
| 6 | James Hardie Industries | 14.97 Bn | 14.50 Bn | 523.40 Mn | 38.58% |
| 7 | Eagle Materials | 6.47 Bn | 6.17 Bn | 106.33 Mn | 17.71% |
| 8 | Knife River | 4.40 Bn | 4.33 Bn | -2.77 Mn | 26.42% |
| 9 | Titan America | 3.11 Bn | 2.89 Bn | 91.88 Mn | -17.68% |
| 10 | United States Lime & Minerals | 3.05 Bn | 2.67 Bn | 41.75 Mn | 21.61% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 32.48% |
| Mar 31, 2026 | 32.48% |
| Mar 31, 2026 | 32.48% |
| Dec 31, 2025 | 24.37% |
| Dec 31, 2025 | 24.37% |
| Dec 31, 2025 | 24.37% |
| Sep 30, 2025 | 19.78% |
| Sep 30, 2025 | 19.78% |
| Sep 30, 2025 | 19.78% |
| Jun 30, 2025 | 20.19% |
| Jun 30, 2025 | 20.19% |
| Jun 30, 2025 | 20.19% |
| Mar 31, 2025 | 21.21% |
| Mar 31, 2025 | 21.21% |
| Mar 31, 2025 | 21.21% |
| Dec 31, 2024 | -154.64% |
| Dec 31, 2024 | -154.64% |
| Dec 31, 2024 | -154.64% |
| Sep 30, 2024 | 20.59% |
| Sep 30, 2024 | 20.59% |