MARTIN MARIETTA MATERIALS (MLM) Fundamental Analysis & Valuation

NYSE:MLM • US5732841060

Current stock price

585.31 USD
+1.56 (+0.27%)
At close:
585.31 USD
0 (0%)
After Hours:

This MLM fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

7

1. MLM Profitability Analysis

1.1 Basic Checks

  • MLM had positive earnings in the past year.
  • In the past year MLM had a positive cash flow from operations.
  • Each year in the past 5 years MLM has been profitable.
  • Each year in the past 5 years MLM had a positive operating cash flow.
MLM Yearly Net Income VS EBIT VS OCF VS FCFMLM Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B

1.2 Ratios

  • MLM's Return On Assets of 6.08% is in line compared to the rest of the industry. MLM outperforms 53.85% of its industry peers.
  • MLM has a Return On Equity (11.33%) which is comparable to the rest of the industry.
  • MLM has a Return On Invested Capital of 6.78%. This is comparable to the rest of the industry: MLM outperforms 46.15% of its industry peers.
  • The Average Return On Invested Capital over the past 3 years for MLM is in line with the industry average of 8.87%.
Industry RankSector Rank
ROA 6.08%
ROE 11.33%
ROIC 6.78%
ROA(3y)8.26%
ROA(5y)7.09%
ROE(3y)15.66%
ROE(5y)13.96%
ROIC(3y)7.11%
ROIC(5y)6.67%
MLM Yearly ROA, ROE, ROICMLM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5 10 15 20

1.3 Margins

  • MLM has a better Profit Margin (17.38%) than 84.62% of its industry peers.
  • MLM's Profit Margin has improved in the last couple of years.
  • MLM's Operating Margin of 23.44% is amongst the best of the industry. MLM outperforms 84.62% of its industry peers.
  • In the last couple of years the Operating Margin of MLM has grown nicely.
  • MLM has a Gross Margin of 29.91%. This is in the better half of the industry: MLM outperforms 61.54% of its industry peers.
  • MLM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 23.44%
PM (TTM) 17.38%
GM 29.91%
OM growth 3Y11.52%
OM growth 5Y2.39%
PM growth 3Y9.53%
PM growth 5Y3.95%
GM growth 3Y9.96%
GM growth 5Y3.01%
MLM Yearly Profit, Operating, Gross MarginsMLM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

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ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. MLM Health Analysis

2.1 Basic Checks

  • The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so MLM is destroying value.
  • Compared to 1 year ago, MLM has less shares outstanding
  • Compared to 5 years ago, MLM has less shares outstanding
  • The debt/assets ratio for MLM has been reduced compared to a year ago.
MLM Yearly Shares OutstandingMLM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20M 40M 60M
MLM Yearly Total Debt VS Total AssetsMLM Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

2.2 Solvency

  • MLM has an Altman-Z score of 3.68. This indicates that MLM is financially healthy and has little risk of bankruptcy at the moment.
  • MLM's Altman-Z score of 3.68 is fine compared to the rest of the industry. MLM outperforms 76.92% of its industry peers.
  • MLM has a debt to FCF ratio of 5.44. This is a neutral value as MLM would need 5.44 years to pay back of all of its debts.
  • MLM has a Debt to FCF ratio of 5.44. This is in the better half of the industry: MLM outperforms 69.23% of its industry peers.
  • MLM has a Debt/Equity ratio of 0.53. This is a neutral value indicating MLM is somewhat dependend on debt financing.
  • MLM has a Debt to Equity ratio of 0.53. This is in the lower half of the industry: MLM underperforms 61.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 5.44
Altman-Z 3.68
ROIC/WACC0.64
WACC10.54%
MLM Yearly LT Debt VS Equity VS FCFMLM Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B 8B 10B

2.3 Liquidity

  • MLM has a Current Ratio of 3.57. This indicates that MLM is financially healthy and has no problem in meeting its short term obligations.
  • Looking at the Current ratio, with a value of 3.57, MLM belongs to the top of the industry, outperforming 84.62% of the companies in the same industry.
  • A Quick Ratio of 2.36 indicates that MLM has no problem at all paying its short term obligations.
  • MLM has a better Quick ratio (2.36) than 84.62% of its industry peers.
Industry RankSector Rank
Current Ratio 3.57
Quick Ratio 2.36
MLM Yearly Current Assets VS Current LiabilitesMLM Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 1B 2B 3B

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WACCDebt/EquityHow to determine the health of a companyAltman-Z scoreShow peers with great health

5

3. MLM Growth Analysis

3.1 Past

  • The Earnings Per Share has grown by an nice 8.11% over the past year.
  • MLM shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.97% yearly.
  • Looking at the last year, MLM shows a small growth in Revenue. The Revenue has grown by 0.12% in the last year.
  • The Revenue has been growing slightly by 5.39% on average over the past years.
EPS 1Y (TTM)8.11%
EPS 3Y15.82%
EPS 5Y11.97%
EPS Q2Q%-3.55%
Revenue 1Y (TTM)0.12%
Revenue growth 3Y-0.06%
Revenue growth 5Y5.39%
Sales Q2Q%-6%

3.2 Future

  • The Earnings Per Share is expected to grow by 9.60% on average over the next years. This is quite good.
  • The Revenue is expected to grow by 7.37% on average over the next years.
EPS Next Y8.89%
EPS Next 2Y10.42%
EPS Next 3Y13.74%
EPS Next 5Y9.6%
Revenue Next Year8.84%
Revenue Next 2Y8.62%
Revenue Next 3Y8.13%
Revenue Next 5Y7.37%

3.3 Evolution

  • The EPS growth rate is stable: in the next years the growth will be about the same than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
MLM Yearly Revenue VS EstimatesMLM Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 2B 4B 6B 8B 10B
MLM Yearly EPS VS EstimatesMLM Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 10 20 30

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Find the best growth stocksShow best growing peers

2

4. MLM Valuation Analysis

4.1 Price/Earnings Ratio

  • A Price/Earnings ratio of 31.13 indicates a quite expensive valuation of MLM.
  • Based on the Price/Earnings ratio, MLM is valued a bit more expensive than 69.23% of the companies in the same industry.
  • When comparing the Price/Earnings ratio of MLM to the average of the S&P500 Index (25.96), we can say MLM is valued inline with the index average.
  • The Price/Forward Earnings ratio is 28.59, which means the current valuation is very expensive for MLM.
  • 69.23% of the companies in the same industry are cheaper than MLM, based on the Price/Forward Earnings ratio.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.04, MLM is valued at the same level.
Industry RankSector Rank
PE 31.13
Fwd PE 28.59
MLM Price Earnings VS Forward Price EarningsMLM Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of MLM indicates a slightly more expensive valuation: MLM is more expensive than 76.92% of the companies listed in the same industry.
  • Compared to the rest of the industry, the Price/Free Cash Flow ratio of MLM is on the same level as its industry peers.
Industry RankSector Rank
P/FCF 36.09
EV/EBITDA 18.64
MLM Per share dataMLM EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 50 100 150

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • MLM has a very decent profitability rating, which may justify a higher PE ratio.
  • A more expensive valuation may be justified as MLM's earnings are expected to grow with 13.74% in the coming years.
PEG (NY)3.5
PEG (5Y)2.6
EPS Next 2Y10.42%
EPS Next 3Y13.74%

More info and screens

Price/EarningsPrice/FCFFCF per shareEV/EBITDAPEG RATIOShow best valued peers

6

5. MLM Dividend Analysis

5.1 Amount

  • With a yearly dividend of 0.57%, MLM is not a good candidate for dividend investing.
  • Compared to an average industry Dividend Yield of 2.49, MLM pays a bit more dividend than its industry peers.
  • Compared to an average S&P500 Dividend Yield of 1.91, MLM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.57%

5.2 History

  • The dividend of MLM is nicely growing with an annual growth rate of 7.47%!
  • MLM has been paying a dividend for at least 10 years, so it has a reliable track record.
  • MLM has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)7.47%
Div Incr Years9
Div Non Decr Years30
MLM Yearly Dividends per shareMLM Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 1 2 3

5.3 Sustainability

  • MLM pays out 17.33% of its income as dividend. This is a sustainable payout ratio.
  • The dividend of MLM is growing, but earnings are growing more, so the dividend growth is sustainable.
DP17.33%
EPS Next 2Y10.42%
EPS Next 3Y13.74%
MLM Yearly Income VS Free CF VS DividendMLM Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 500M 1B 1.5B
MLM Dividend Payout.MLM Dividend Payout, showing the Payout Ratio.MLM Dividend Payout.PayoutRetained Earnings

More info and screens

Find the best dividend stocksShow peers with best dividend

MLM Fundamentals: All Metrics, Ratios and Statistics

MARTIN MARIETTA MATERIALS

NYSE:MLM (3/16/2026, 8:04:00 PM)

After market: 585.31 0 (0%)

585.31

+1.56 (+0.27%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)02-11
Earnings (Next)04-28
Inst Owners101%
Inst Owner Change0.63%
Ins Owners0.6%
Ins Owner Change9.15%
Market Cap35.30B
Revenue(TTM)6.54B
Net Income(TTM)1.14B
Analysts74.67
Price Target711.05 (21.48%)
Short Float %3.01%
Short Ratio3.38
Dividend
Industry RankSector Rank
Dividend Yield 0.57%
Yearly Dividend3.24
Dividend Growth(5Y)7.47%
DP17.33%
Div Incr Years9
Div Non Decr Years30
Ex-Date03-02
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.23%
Min EPS beat(2)-1.52%
Max EPS beat(2)1.06%
EPS beat(4)3
Avg EPS beat(4)0.61%
Min EPS beat(4)-1.52%
Max EPS beat(4)1.56%
EPS beat(8)5
Avg EPS beat(8)-0.91%
EPS beat(12)9
Avg EPS beat(12)12.83%
EPS beat(16)11
Avg EPS beat(16)7.33%
Revenue beat(2)0
Avg Revenue beat(2)-7.26%
Min Revenue beat(2)-11.29%
Max Revenue beat(2)-3.22%
Revenue beat(4)0
Avg Revenue beat(4)-4.88%
Min Revenue beat(4)-11.29%
Max Revenue beat(4)-0.88%
Revenue beat(8)0
Avg Revenue beat(8)-4.43%
Revenue beat(12)1
Avg Revenue beat(12)-2.61%
Revenue beat(16)5
Avg Revenue beat(16)0.16%
PT rev (1m)1.8%
PT rev (3m)4.06%
EPS NQ rev (1m)-17.42%
EPS NQ rev (3m)-15.86%
EPS NY rev (1m)-5.86%
EPS NY rev (3m)-7.32%
Revenue NQ rev (1m)-6.38%
Revenue NQ rev (3m)-6.65%
Revenue NY rev (1m)-1.26%
Revenue NY rev (3m)-4.94%
Valuation
Industry RankSector Rank
PE 31.13
Fwd PE 28.59
P/S 5.4
P/FCF 36.09
P/OCF 19.78
P/B 3.52
P/tB 5.92
EV/EBITDA 18.64
EPS(TTM)18.8
EY3.21%
EPS(NY)20.47
Fwd EY3.5%
FCF(TTM)16.22
FCFY2.77%
OCF(TTM)29.6
OCFY5.06%
SpS108.49
BVpS166.34
TBVpS98.81
PEG (NY)3.5
PEG (5Y)2.6
Graham Number265.26
Profitability
Industry RankSector Rank
ROA 6.08%
ROE 11.33%
ROCE 8.61%
ROIC 6.78%
ROICexc 6.81%
ROICexgc 8.83%
OM 23.44%
PM (TTM) 17.38%
GM 29.91%
FCFM 14.95%
ROA(3y)8.26%
ROA(5y)7.09%
ROE(3y)15.66%
ROE(5y)13.96%
ROIC(3y)7.11%
ROIC(5y)6.67%
ROICexc(3y)7.49%
ROICexc(5y)6.96%
ROICexgc(3y)10.47%
ROICexgc(5y)10.01%
ROCE(3y)9.02%
ROCE(5y)8.47%
ROICexgc growth 3Y-4.17%
ROICexgc growth 5Y-5.75%
ROICexc growth 3Y0.95%
ROICexc growth 5Y-4.03%
OM growth 3Y11.52%
OM growth 5Y2.39%
PM growth 3Y9.53%
PM growth 5Y3.95%
GM growth 3Y9.96%
GM growth 5Y3.01%
F-Score7
Asset Turnover0.35
Health
Industry RankSector Rank
Debt/Equity 0.53
Debt/FCF 5.44
Debt/EBITDA 2.44
Cap/Depr 126.69%
Cap/Sales 12.33%
Interest Coverage 6.7
Cash Conversion 82.22%
Profit Quality 86.02%
Current Ratio 3.57
Quick Ratio 2.36
Altman-Z 3.68
F-Score7
WACC10.54%
ROIC/WACC0.64
Cap/Depr(3y)134.21%
Cap/Depr(5y)118.3%
Cap/Sales(3y)12.61%
Cap/Sales(5y)10.69%
Profit Quality(3y)63.8%
Profit Quality(5y)70.39%
High Growth Momentum
Growth
EPS 1Y (TTM)8.11%
EPS 3Y15.82%
EPS 5Y11.97%
EPS Q2Q%-3.55%
EPS Next Y8.89%
EPS Next 2Y10.42%
EPS Next 3Y13.74%
EPS Next 5Y9.6%
Revenue 1Y (TTM)0.12%
Revenue growth 3Y-0.06%
Revenue growth 5Y5.39%
Sales Q2Q%-6%
Revenue Next Year8.84%
Revenue Next 2Y8.62%
Revenue Next 3Y8.13%
Revenue Next 5Y7.37%
EBIT growth 1Y3.93%
EBIT growth 3Y11.46%
EBIT growth 5Y7.91%
EBIT Next Year55.74%
EBIT Next 3Y23.8%
EBIT Next 5Y15.62%
FCF growth 1Y61.92%
FCF growth 3Y24.29%
FCF growth 5Y7.21%
OCF growth 1Y22.34%
OCF growth 3Y21.66%
OCF growth 5Y11.19%

MARTIN MARIETTA MATERIALS / MLM Fundamental Analysis FAQ

What is the ChartMill fundamental rating of MARTIN MARIETTA MATERIALS (MLM) stock?

ChartMill assigns a fundamental rating of 6 / 10 to MLM.


What is the valuation status of MARTIN MARIETTA MATERIALS (MLM) stock?

ChartMill assigns a valuation rating of 2 / 10 to MARTIN MARIETTA MATERIALS (MLM). This can be considered as Overvalued.


Can you provide the profitability details for MARTIN MARIETTA MATERIALS?

MARTIN MARIETTA MATERIALS (MLM) has a profitability rating of 7 / 10.


How financially healthy is MARTIN MARIETTA MATERIALS?

The financial health rating of MARTIN MARIETTA MATERIALS (MLM) is 7 / 10.


Can you provide the dividend sustainability for MLM stock?

The dividend rating of MARTIN MARIETTA MATERIALS (MLM) is 6 / 10 and the dividend payout ratio is 17.33%.