Question · Q3 2025
Andrew Foster asked for an update on the timing of Martin Marietta's Precise IQ pricing tool rollout for next year and whether its benefits are already factored into the mid-single-digit pricing guidance for 2026 or are more of a 2027 story.
Answer
SVP and CFO Michael Petro stated that the Precise IQ quoting tool should be in all sales teams' hands by mid-year next year, with the underlying pricing algorithm already built and supporting both fixed-based and quoted pricing. He confirmed that the mid-single-digit pricing guide for 2026 incorporates the algorithm's impact for January 1 increases, with more upside from the quoting side expected in 2027.