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MLM

S&P 500
Strong · 72/100

Martin Marietta Materials

Materials
Construction Materials

$609.88

0.1%

Updated Today 6:01 PM ET

Price — Past Year

▲ Up 13.1% over the last 12 months

Price 50-day average 200-day averageSource: Yahoo Finance · refreshed daily
Key Metrics

Market Cap

$36.58B

P/E

14.42x

Forward P/E (est.)

10.3x

ROE

25.1%

Revenue Growth

-1.3%

EPS Growth

141.5%

Profit Margin

38.7%

FCF Yield

4.3%

Debt / Equity

0.56x

ROIC

7.0%

Interest Coverage

6.25x

Current Ratio

2.28x

Dividend Yield

0.6%

Implied Growth (rev. DCF)

6.2%

Rating Score

72/100

Technical Analysis (Educational)
Research

Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what MLM's chart says today, with each tool explained.

Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. MLM trades near $609.88, around its 50-day average ($590.70) and 200-day average ($618.07). Price tangled in its moving averages means there is no clear trend — the stock is ranging.

Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 55 it is in neutral territory — neither stretched nor washed out.

MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently positive — short-term momentum is improving.

Volatility — ATR. Average True Range is the typical daily move. MLM's is $18.62 (~3.1% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.

Support & resistance. Over the last month MLM found buyers near $527.31 (support) and sellers near $610.52 (resistance); its 52-week range is $525.38–$710.97. A decisive break beyond either edge often marks the next move.

Volume. The latest session traded 0.7× the 20-day average — about normal. Rising volume on up-days suggests real buying; on down-days, real selling.

Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.

Business Overview
Research

Martin Marietta Materials (MLM) is a large-cap company in the Construction Materials industry, part of the Materials sector of the S&P 500, with a market value around $36.58B.

In its latest reported year it generated about $6.15B in revenue and $1.14B in net profit.

Our model rates MLM Strong (72/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.

Revenue Growth
Research

4Y CAGR

3.2%

Revenue moved from $5.41B in 2021 to $6.15B in 2025, a 3.2% compound annual growth rate. The most recent year declined 1.3% year over year. Shrinking revenue is worth a closer look — is it cyclical or structural?

Profitability
Research

Gross Margin

30.7%

Operating Margin

23.4%

Net Margin

18.5%

ROE

25.1%

Martin Marietta Materials keeps about 38.7% of each sales dollar as net profit, with a 30.7% gross margin and 23.4% operating margin. Return on equity is 25.1% and return on invested capital about 7.0%. Margins this wide usually signal pricing power or a cost advantage.

Debt Analysis
Research

Total Debt

$5.29B

Net Debt

$5.02B

Net Debt / EBITDA

3.49x

Debt / Equity

0.56x

Leverage: debt-to-equity is 0.6x, and operating profit covers interest about 6.3x, with a current ratio of 2.3x. That is a moderate, manageable debt load for most businesses. It carries roughly $5.29B of total debt against $273.00M of cash.

Cash Flow Analysis
Research

Operating CF

$1.78B

Free Cash Flow

$978.00M

FCF Margin

15.9%

In the latest year Martin Marietta Materials produced about $1.78B of operating cash flow and $978.00M of free cash flow after capital spending. That is a free-cash-flow yield of about 4.3% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.

Valuation Analysis
Research

P/E

14.42x

P/S

5.89x

P/B

3.78x

EV / EBITDA

19.9x

MLM trades at 14.4x trailing earnings (about 10.3x on estimated forward earnings), 5.9x sales, and 3.8x book value. Reverse-engineering today's price implies the market expects roughly 6.2% long-term free-cash-flow growth. That is an undemanding multiple — potentially cheap if the business is stable.

Metrics vs. Typical Range

Where this stock sits versus what most companies trade at.

TTM P/E
14.4xCheap
Forward P/E
10.3xCheap
P/S ratio
5.9xExpensive
Revenue growth
-1.3%Weak
EPS growth
141.5%Strong
Gross margin
30.7%Weak
Net margin
38.7%Strong
ROE
25.1%Strong

Typical ranges are general references (e.g., many stocks trade at ~18–26x earnings), not hard rules. Context only — not investment advice.

Sector Peer Comparison

How MLM stacks up against its Materials peers — valuation, profitability, and growth versus the sector median.

In the Materials sector (26 S&P 500 companies), MLM ranks #3 of 26 by our overall rating. It trades at a discount versus the sector on earnings (14.4x P/E vs. 27.7x median) with a higher return on equity (25.1% vs. 14.1%) and slower revenue growth (-1.3% vs. 4.9%).

P/E vs sector

14.4x

median 27.7x

ROE vs sector

25.1%

median 14.1%

Growth vs sector

-1.3%

median 4.9%

Sector rank

#3

of 26 by rating

CompanyP/ERev Gr.Rating
MLMThis stock14.4x-1.3%Strong· 72
VMC34.4x7.4%Neutral· 53
CRH20.1x6.3%Neutral· 56
STLD26.5x10.4%Neutral· 57
PPG16.7x-3.9%Neutral· 57
CTVA44.6x6.3%Weak· 39
NUE24.1x12.3%Favorable· 66
SW61.4x-20.7%Weak· 12
Materials median27.7x4.9%50/100

Valuation vs. quality map

sector medianVMCCRHSTLDPPGCTVANUESWMLMP/E — cheaper ←→ pricierROE — more profitable ↑

The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.

Compare side by side

Peers are the closest Materials companies by sub-industry and size. Sector median is across all 26 S&P 500 names in the sector. Educational, not a recommendation.

5-Year Projection Model

Project revenue → earnings → price. Edit the assumptions to build your own case.

2030 price target (Base Case)

$170.98$299.21

vs. $609.88 today · expected CAGR -22%-13%

Metric20262027202820292030
Revenue$6.33B$6.52B$6.72B$6.92B$7.13B
Net income$1.14B$1.17B$1.21B$1.25B$1.28B
EPS$18.99$19.56$20.15$20.75$21.37
Share price (low)$151.91$156.47$161.16$166.00$170.98
Share price (high)$265.85$273.82$282.04$290.50$299.21
CAGR (low–high)-75% / -56%-49% / -33%-36% / -23%-28% / -17%-22% / -13%

Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.

Bull Case

The case for MLM:

  • High net margins (38.7%) point to pricing power or efficiency.
  • Strong return on equity (25.1%) shows capital is put to work well.
  • Healthy free-cash-flow yield (~4.3%) funds buybacks and dividends.
  • Our model's overall read is Strong (72/100).
Bear Case

The case against MLM:

  • Revenue growth is slow/negative (-1.3%), limiting the upside engine.
  • Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Key Risks
Research

Growth risk — sluggish revenue (-1.3%) leaves little margin for execution missteps.

Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.

Investment Thesis
Research

On balance, the fundamentals screen favourably: Martin Marietta Materials is a large-cap materials business with shrinking revenue, with solid profitability, and a sound balance sheet. It trades at 14.4x earnings, which our model scores Strong (72/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.

Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.

Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.