Martin Marietta Materials (MLM) Tax Rate (2009 - 2026)

Martin Marietta Materials (MLM) reported Tax Rate of 32.48% for Q1 2026, up 1127.0% on a YoY basis from 2.65% in Q1 2025, and up 155.92% quarter-over-quarter from 58.08% in Q4 2025.

Martin Marietta Materials (MLM) Tax Rate (2009 - 2026) Analysis & Trends

Martin Marietta Materials has reported Tax Rate for 18 years, with the latest figure at 32.48% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate rose 1127.0% year-over-year to 32.48%; the trailing twelve-month figure through Mar 2026 stood at 4.77% (up 2612.0% YoY), and the FY2025 full-year result was 3.23%, up 23.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 32.48%, up from 58.08% in the prior quarter.
  • The five-year high for Tax Rate was 32.48% in Q1 2026, with the low at 147.78% in Q4 2024.
  • Historically, Tax Rate has averaged 1.84% across 5 years, with a median of 20.59% in 2024.
  • Annual changes were most pronounced in 2024 — Tax Rate tumbled 9910 bps — and 2025, when it soared 8970 bps.
  • Martin Marietta Materials' Tax Rate stood at 63.72% in 2022, then climbed by 24 bps to 48.68% in 2023, then plunged by 204 bps to 147.78% in 2024, then jumped by 61 bps to 58.08% in 2025, then jumped by 156 bps to 32.48% in 2026.
  • The last three Tax Rate figures came in at 32.48% (Q1 2026), 58.08% (Q4 2025), and 19.78% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Crh Public 74.51 Bn 72.28 Bn 2.05 Bn 24.55
2 Vulcan Materials 39.63 Bn 39.52 Bn 422.70 Mn 21.56
3 Martin Marietta Materials 36.71 Bn 36.44 Bn 310.00 Mn 32.48
4 Amrize 30.61 Bn 29.50 Bn 211.00 Mn 18.62
5 James Hardie Industries 13.48 Bn 13.01 Bn 523.40 Mn 38.58
6 Eagle Materials 7.16 Bn 6.86 Bn 106.33 Mn -6.25
7 Knife River 4.89 Bn 4.82 Bn -2.77 Mn 26.42
8 United States Lime & Minerals 3.26 Bn 2.87 Bn 41.75 Mn 21.61
9 Tecnoglass 2.06 Bn 1.96 Bn 95.83 Mn 27.18
10 Smith Midland 159.69 Mn 146.47 Mn 4.30 Mn 23.96

Historic Data

Download Data
DateValue
Mar 31, 2026 32.48%
Mar 31, 2026 32.48%
Dec 31, 2025 -58.08%
Dec 31, 2025 -58.08%
Sep 30, 2025 19.78%
Sep 30, 2025 19.78%
Jun 30, 2025 20.19%
Jun 30, 2025 20.19%
Mar 31, 2025 21.21%
Mar 31, 2025 21.21%
Dec 31, 2024 -147.78%
Dec 31, 2024 -147.78%
Sep 30, 2024 20.59%
Sep 30, 2024 20.59%
Jun 30, 2024 20.97%
Jun 30, 2024 20.97%
Mar 31, 2024 26.03%
Mar 31, 2024 26.03%
Dec 31, 2023 -48.68%
Dec 31, 2023 -48.68%