MARTIN MARIETTA MATERIALS (MLM) Stock Fundamental Analysis

USA • New York Stock Exchange • NYSE:MLM • US5732841060

690 USD
+19.05 (+2.84%)
At close: Feb 6, 2026
690 USD
0 (0%)
After Hours: 2/6/2026, 8:04:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Analyst Ratings Earnings Estimates Financials Ownership News
Fundamental Rating

6

Overall MLM gets a fundamental rating of 6 out of 10. We evaluated MLM against 13 industry peers in the Construction Materials industry. MLM has outstanding health and profitabily ratings, belonging to the best of the industry. This is a solid base for any company. MLM is quite expensive at the moment. It does show a decent growth rate. With these ratings, MLM could be worth investigating further for quality investing!.


Dividend Valuation Growth Profitability Health

7

1. Profitability

1.1 Basic Checks

  • MLM had positive earnings in the past year.
  • MLM had a positive operating cash flow in the past year.
  • In the past 5 years MLM has always been profitable.
  • MLM had a positive operating cash flow in each of the past 5 years.
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 500M 1B 1.5B

1.2 Ratios

  • With a decent Return On Assets value of 6.18%, MLM is doing good in the industry, outperforming 61.54% of the companies in the same industry.
  • MLM's Return On Equity of 11.83% is in line compared to the rest of the industry. MLM outperforms 53.85% of its industry peers.
  • MLM's Return On Invested Capital of 7.06% is in line compared to the rest of the industry. MLM outperforms 46.15% of its industry peers.
  • MLM had an Average Return On Invested Capital over the past 3 years of 7.34%. This is in line with the industry average of 9.19%.
Industry RankSector Rank
ROA 6.18%
ROE 11.83%
ROIC 7.06%
ROA(3y)8.16%
ROA(5y)7.24%
ROE(3y)15.91%
ROE(5y)14.14%
ROIC(3y)7.34%
ROIC(5y)7.14%
MLM Yearly ROA, ROE, ROICMLM Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20

1.3 Margins

  • The Profit Margin of MLM (17.35%) is better than 84.62% of its industry peers.
  • In the last couple of years the Profit Margin of MLM has grown nicely.
  • MLM has a Operating Margin of 23.66%. This is amongst the best in the industry. MLM outperforms 84.62% of its industry peers.
  • MLM's Operating Margin has improved in the last couple of years.
  • With a decent Gross Margin value of 29.81%, MLM is doing good in the industry, outperforming 61.54% of the companies in the same industry.
  • MLM's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 23.66%
PM (TTM) 17.35%
GM 29.81%
OM growth 3Y6.57%
OM growth 5Y3.86%
PM growth 3Y33.01%
PM growth 5Y18.81%
GM growth 3Y4.88%
GM growth 5Y2.92%
MLM Yearly Profit, Operating, Gross MarginsMLM Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 10 20 30

More info and screens

ROAROEROICOperating and Profit MarginShow most profitable peers

7

2. Health

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MLM is destroying value.
  • The number of shares outstanding for MLM has been reduced compared to 1 year ago.
  • Compared to 5 years ago, MLM has less shares outstanding
  • MLM has a worse debt/assets ratio than last year.
MLM Yearly Shares OutstandingMLM Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 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 5B 10B 15B

2.2 Solvency

  • An Altman-Z score of 3.97 indicates that MLM is not in any danger for bankruptcy at the moment.
  • MLM's Altman-Z score of 3.97 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 5.48. This is a neutral value as MLM would need 5.48 years to pay back of all of its debts.
  • MLM's Debt to FCF ratio of 5.48 is fine compared to the rest of the industry. MLM outperforms 69.23% of its industry peers.
  • MLM has a Debt/Equity ratio of 0.54. This is a neutral value indicating MLM is somewhat dependend on debt financing.
  • MLM has a Debt to Equity ratio of 0.54. This is in the lower half of the industry: MLM underperforms 61.54% of its industry peers.
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 5.48
Altman-Z 3.97
ROIC/WACC0.68
WACC10.38%
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 2B 4B 6B 8B

2.3 Liquidity

  • A Current Ratio of 2.97 indicates that MLM has no problem at all paying its short term obligations.
  • The Current ratio of MLM (2.97) is better than 84.62% of its industry peers.
  • A Quick Ratio of 2.07 indicates that MLM has no problem at all paying its short term obligations.
  • With a decent Quick ratio value of 2.07, MLM is doing good in the industry, outperforming 76.92% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 2.97
Quick Ratio 2.07
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 1B 2B 3B

More info and screens

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

5

3. Growth

3.1 Past

  • The Earnings Per Share has grown by an nice 10.10% 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 12.34% yearly.
  • The Revenue has been growing slightly by 1.98% in the past year.
  • MLM shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.64% yearly.
EPS 1Y (TTM)10.1%
EPS 3Y12.39%
EPS 5Y12.34%
EPS Q2Q%15.91%
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.48%
Revenue growth 5Y6.64%
Sales Q2Q%-2.28%

3.2 Future

  • MLM is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 11.31% yearly.
  • The Revenue is expected to grow by 7.32% on average over the next years.
EPS Next Y8.95%
EPS Next 2Y12.87%
EPS Next 3Y13.65%
EPS Next 5Y11.31%
Revenue Next Year0.85%
Revenue Next 2Y4.33%
Revenue Next 3Y5.14%
Revenue Next 5Y7.32%

3.3 Evolution

  • When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
  • When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 10 20 30

More info and screens

Find the best growth stocksShow best growing peers

1

4. Valuation

4.1 Price/Earnings Ratio

  • Based on the Price/Earnings ratio of 36.37, the valuation of MLM can be described as expensive.
  • 69.23% of the companies in the same industry are cheaper than MLM, based on the Price/Earnings ratio.
  • MLM is valuated rather expensively when we compare the Price/Earnings ratio to 27.92, which is the current average of the S&P500 Index.
  • With a Price/Forward Earnings ratio of 31.15, MLM can be considered very expensive at the moment.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of MLM indicates a slightly more expensive valuation: MLM is more expensive than 61.54% of the companies listed in the same industry.
  • The average S&P500 Price/Forward Earnings ratio is at 27.78. MLM is around the same levels.
Industry RankSector Rank
PE 36.37
Fwd PE 31.15
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 indicates a slightly more expensive valuation: MLM is more expensive than 61.54% of the companies listed in the same industry.
Industry RankSector Rank
P/FCF 41.32
EV/EBITDA 20.88
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.
  • MLM's earnings are expected to grow with 13.65% in the coming years. This may justify a more expensive valuation.
PEG (NY)4.06
PEG (5Y)2.95
EPS Next 2Y12.87%
EPS Next 3Y13.65%

More info and screens

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

6

5. Dividend

5.1 Amount

  • With a yearly dividend of 0.51%, MLM is not a good candidate for dividend investing.
  • MLM's Dividend Yield is a higher than the industry average which is at 2.16.
  • Compared to an average S&P500 Dividend Yield of 1.83, MLM's dividend is way lower than the S&P500 average.
Industry RankSector Rank
Dividend Yield 0.51%

5.2 History

  • On average, the dividend of MLM grows each year by 8.16%, which is quite nice.
  • 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)8.16%
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 1 2 3

5.3 Sustainability

  • MLM pays out 16.93% 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.
DP16.93%
EPS Next 2Y12.87%
EPS Next 3Y13.65%
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 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

MARTIN MARIETTA MATERIALS

NYSE:MLM (2/6/2026, 8:04:00 PM)

After market: 690 0 (0%)

690

+19.05 (+2.84%)

Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)11-04
Earnings (Next)02-11
Inst Owners99.7%
Inst Owner Change-1.2%
Ins Owners0.67%
Ins Owner Change-0.36%
Market Cap41.61B
Revenue(TTM)6.64B
Net Income(TTM)1.15B
Analysts76.55
Price Target692.74 (0.4%)
Short Float %3.35%
Short Ratio4.89
Dividend
Industry RankSector Rank
Dividend Yield 0.51%
Yearly Dividend3.07
Dividend Growth(5Y)8.16%
DP16.93%
Div Incr Years9
Div Non Decr Years30
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)1.31%
Min EPS beat(2)1.06%
Max EPS beat(2)1.56%
EPS beat(4)4
Avg EPS beat(4)2.19%
Min EPS beat(4)1.06%
Max EPS beat(4)4.81%
EPS beat(8)6
Avg EPS beat(8)1.13%
EPS beat(12)9
Avg EPS beat(12)12.78%
EPS beat(16)12
Avg EPS beat(16)7.87%
Revenue beat(2)0
Avg Revenue beat(2)-7.71%
Min Revenue beat(2)-11.29%
Max Revenue beat(2)-4.13%
Revenue beat(4)0
Avg Revenue beat(4)-4.54%
Min Revenue beat(4)-11.29%
Max Revenue beat(4)-0.88%
Revenue beat(8)0
Avg Revenue beat(8)-4.33%
Revenue beat(12)2
Avg Revenue beat(12)-2.21%
Revenue beat(16)6
Avg Revenue beat(16)1.01%
PT rev (1m)0.85%
PT rev (3m)2.48%
EPS NQ rev (1m)0.67%
EPS NQ rev (3m)0.39%
EPS NY rev (1m)0.14%
EPS NY rev (3m)-0.95%
Revenue NQ rev (1m)-0.12%
Revenue NQ rev (3m)-7.28%
Revenue NY rev (1m)0.8%
Revenue NY rev (3m)-5.17%
Valuation
Industry RankSector Rank
PE 36.37
Fwd PE 31.15
P/S 6.27
P/FCF 41.32
P/OCF 22.59
P/B 4.27
P/tB 7.34
EV/EBITDA 20.88
EPS(TTM)18.97
EY2.75%
EPS(NY)22.15
Fwd EY3.21%
FCF(TTM)16.7
FCFY2.42%
OCF(TTM)30.54
OCFY4.43%
SpS110.11
BVpS161.42
TBVpS93.95
PEG (NY)4.06
PEG (5Y)2.95
Graham Number262.48
Profitability
Industry RankSector Rank
ROA 6.18%
ROE 11.83%
ROCE 8.98%
ROIC 7.06%
ROICexc 7.08%
ROICexgc 9.24%
OM 23.66%
PM (TTM) 17.35%
GM 29.81%
FCFM 15.16%
ROA(3y)8.16%
ROA(5y)7.24%
ROE(3y)15.91%
ROE(5y)14.14%
ROIC(3y)7.34%
ROIC(5y)7.14%
ROICexc(3y)7.79%
ROICexc(5y)7.46%
ROICexgc(3y)11.34%
ROICexgc(5y)10.88%
ROCE(3y)9.33%
ROCE(5y)9.07%
ROICexgc growth 3Y2.46%
ROICexgc growth 5Y-2.34%
ROICexc growth 3Y5.86%
ROICexc growth 5Y-1.28%
OM growth 3Y6.57%
OM growth 5Y3.86%
PM growth 3Y33.01%
PM growth 5Y18.81%
GM growth 3Y4.88%
GM growth 5Y2.92%
F-Score6
Asset Turnover0.36
Health
Industry RankSector Rank
Debt/Equity 0.54
Debt/FCF 5.48
Debt/EBITDA 2.41
Cap/Depr 132.75%
Cap/Sales 12.57%
Interest Coverage 8.31
Cash Conversion 83.73%
Profit Quality 87.41%
Current Ratio 2.97
Quick Ratio 2.07
Altman-Z 3.97
F-Score6
WACC10.38%
ROIC/WACC0.68
Cap/Depr(3y)123.72%
Cap/Depr(5y)111.25%
Cap/Sales(3y)10.17%
Cap/Sales(5y)9.18%
Profit Quality(3y)54.72%
Profit Quality(5y)72.35%
High Growth Momentum
Growth
EPS 1Y (TTM)10.1%
EPS 3Y12.39%
EPS 5Y12.34%
EPS Q2Q%15.91%
EPS Next Y8.95%
EPS Next 2Y12.87%
EPS Next 3Y13.65%
EPS Next 5Y11.31%
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.48%
Revenue growth 5Y6.64%
Sales Q2Q%-2.28%
Revenue Next Year0.85%
Revenue Next 2Y4.33%
Revenue Next 3Y5.14%
Revenue Next 5Y7.32%
EBIT growth 1Y8.43%
EBIT growth 3Y13.48%
EBIT growth 5Y10.76%
EBIT Next Year39.61%
EBIT Next 3Y19.68%
EBIT Next 5Y14.79%
FCF growth 1Y31.43%
FCF growth 3Y-5.45%
FCF growth 5Y1.07%
OCF growth 1Y31.29%
OCF growth 3Y8.64%
OCF growth 5Y8.59%

MARTIN MARIETTA MATERIALS / MLM 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 1 / 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 16.93%.