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MARTIN MARIETTA REPORTS SECOND - QUARTER 2021 RESULTS Record Second - Quarter Consolidated Revenues , Gross Profit and Earnings per Diluted Share Strengthening Product Demand Masked by Precipitation Pricing Gains Achieved Across All Product Lines Magnesia Specialties Delivered Double - Digit Growth in Revenues and Gross Profit Company Successfully Advances SOAR 2025 ; Expects to Close Lehigh West Region Acquisition in Second Half 2021 RALEIGH , N.C. ( July 29 , 2021 ) - Martin Marietta Materials , Inc. ( NYSE : MLM ) ( " Martin Marietta " or the " Company " ) , a leading national supplier of aggregates and heavy building materials , today reported results for the second quarter ended June 30 , 2021 . Second - Quarter Highlights ( $ in millions , except per share ) Products and services revenues Building Materials business Magnesia Specialties 2 Total revenues Gross profit 1 Adjusted gross profit ³ Earnings from operations Adjusted earnings from operations 4 Net earnings attributable to Martin Marietta Adjusted EBITDA 5 Earnings per diluted share Adjusted earnings per diluted share 6 $ es es es es es es es es es eses es $ $ - MORE - $ $ $ $ $ Quarter Ended June 30 , 2021 1,295.3 $ 1,225.3 $ 70.0 $ 1,377.9 $ $ 385.1 392.7 $ 307.5 324.4 $ 225.8 439.2 $ 3.61 3.81 Martin Marietta es es es es $ $ $ 2020 1,189.5 1,140.6 48.9 1,270.6 380.5 380.5 306.4 306.4 217.6 407.0 3.49 3.49 1 Products and services revenues include the sales of aggregates , cement , ready mixed concrete , asphalt and Magnesia Specialties products , and paving services to customers , and exclude related freight revenues . 2 Total revenues include the sales of products and services to customers ( net of any discounts or allowances ) and freight revenues . 3 2021 adjusted gross profit excludes an increase in cost of revenues from the impact of selling acquired inventory after its markup to fair value as part of acquisition accounting . See Appendix to this earnings release for a reconciliation to reported gross profit under generally accepted accounting principles ( GAAP ) . 4 2021 adjusted earnings from operations exclude an increase in cost of revenues from the impact of selling acquired inventory after its markup to fair value as part of acquisition accounting and acquisition - related expenses . See Appendix to this earnings release for a reconciliation to reported earnings from operations under GAAP . 5 Earnings before interest ; income taxes ; depreciation , depletion and amortization ; the earnings / loss from nonconsolidated equity affiliates ; acquisition - related expenses ; and an increase in cost of revenues from the impact of selling acquired inventory after its markup to fair value as part of acquisition accounting , or Adjusted EBITDA , is a non - GAAP financial measure . See Appendix to this earnings release for a reconciliation to net earnings attributable to Martin Marietta . 6 2021 adjusted earnings per diluted share excludes charges for the impact of selling acquired inventory after its markup to fair value as part of acquisition accounting and acquisition - related expenses . See appendix to this earnings release for a reconciliation to reported earnings per diluted share under GAAP .