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| Date | Value |
|---|---|
| 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% |