Martin Marietta Materials MLM
NYSE MLM
$502.98 -9.00 (-1.76%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Martin Marietta Materials' (MLM) quarterly Tax Rate came in at 20.0% in Q2 2026, little changed on a YoY basis from 20.0% in Q2 2025, and down 38.42% quarter-over-quarter from 32.48% in Q1 2026.

Analysis

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

Martin Marietta Materials (MLM) has reported Tax Rate for 18 consecutive years, with 20.0% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Tax Rate changed 0.0% year-over-year to 20.0%; the trailing twelve-month figure through Jun 2026 stood at 22.21% (up 297.0% YoY), and the FY2025 full-year result was 21.04%, down 220.0% from the prior year.
  • Tax Rate declined to 20.0% in Q2 2026 per MLM's latest filing, from 32.48% in the prior quarter.
  • Across five years, Tax Rate topped out at 32.48% in Q1 2026 and bottomed at 15.7% in Q4 2024.
  • Historically, Tax Rate has averaged 21.82% across 5 years, with a median of 20.94% in 2023.
  • The sharpest annual moves came in 2022 and 2024: Tax Rate jumped 1273 bps in 2022, then plunged 1062 bps in 2024.
  • Over 5 years, Tax Rate stood at 19.58% in 2022, then surged by 34 bps to 26.32% in 2023, then sank by 40 bps to 15.7% in 2024, then jumped by 55 bps to 24.37% in 2025, then declined by 18 bps to 20.0% in 2026.
  • According to Business Quant data, Tax Rate over the past three periods registered 20.0%, 32.48%, and 24.37% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Vulcan Materials 32.45 Bn 32.25 Bn 625.50 Mn 20.12%
2 Martin Marietta Materials 30.29 Bn 30.17 Bn 495.00 Mn 20.00%
3 Knife River 3.31 Bn 3.21 Bn 162.77 Mn 26.67%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 20.00%
Mar 31, 2026 32.48%
Dec 31, 2025 24.37%
Sep 30, 2025 19.78%
Jun 30, 2025 20.00%
Mar 31, 2025 21.21%
Dec 31, 2024 15.70%
Sep 30, 2024 20.59%
Jun 30, 2024 20.97%
Mar 31, 2024 26.03%
Dec 31, 2023 26.32%
Sep 30, 2023 20.37%
Jun 30, 2023 20.91%
Mar 31, 2023 21.05%
Dec 31, 2022 19.58%
Sep 30, 2022 21.38%
Jun 30, 2022 22.82%
Mar 31, 2022 19.21%
Dec 31, 2021 6.85%
Sep 30, 2021 19.99%