MARTIN MARIETTA MATERIALS (MLM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MLM - US5732841060 - Common Stock
651.66 USD
+10.72 (+1.67%)
651.66 USD
0 (0%)
Overall MLM gets a fundamental rating of 6 out of 10. We evaluated MLM against 13 industry peers in the Construction Materials industry. MLM gets an excellent profitability rating and is at the same time showing great financial health properties. MLM is valied quite expensively at the moment, while it does show a decent growth rate. This makes MLM very considerable for quality investing!
1. Profitability
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.
- MLM had a positive operating cash flow in each of the past 5 years.
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 has a Return On Equity (11.83%) which is comparable to the rest of the industry.
- With a Return On Invested Capital value of 7.06%, MLM perfoms like the industry average, outperforming 46.15% of the companies in the same industry.
- Measured over the past 3 years, the Average Return On Invested Capital for MLM is below the industry average of 9.37%.
| Industry Rank | Sector 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%
1.3 Margins
- MLM has a better Profit Margin (17.35%) than 84.62% of its industry peers.
- In the last couple of years the Profit Margin of MLM has grown nicely.
- MLM's Operating Margin of 23.66% is amongst the best of the industry. MLM outperforms 84.62% of its industry peers.
- MLM's Operating Margin has improved in the last couple of years.
- MLM has a Gross Margin of 29.81%. 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 Rank | Sector 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%
2. Health
2.1 Basic Checks
- MLM has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
- MLM has less shares outstanding than it did 1 year ago.
- The number of shares outstanding for MLM has been reduced compared to 5 years ago.
- Compared to 1 year ago, MLM has a worse debt to assets ratio.
2.2 Solvency
- MLM has an Altman-Z score of 3.89. This indicates that MLM is financially healthy and has little risk of bankruptcy at the moment.
- MLM has a better Altman-Z score (3.89) than 69.23% of its industry peers.
- The Debt to FCF ratio of MLM is 5.48, which is a neutral value as it means it would take MLM, 5.48 years of fcf income to pay off all of its debts.
- MLM has a better Debt to FCF ratio (5.48) than 61.54% of its industry peers.
- A Debt/Equity ratio of 0.54 indicates that MLM is somewhat dependend on debt financing.
- With a Debt to Equity ratio value of 0.54, MLM is not doing good in the industry: 61.54% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 3.89 |
ROIC/WACC0.68
WACC10.42%
2.3 Liquidity
- A Current Ratio of 2.97 indicates that MLM has no problem at all paying its short term obligations.
- With an excellent Current ratio value of 2.97, MLM belongs to the best of the industry, outperforming 92.31% of the companies in the same industry.
- A Quick Ratio of 2.07 indicates that MLM has no problem at all paying its short term obligations.
- The Quick ratio of MLM (2.07) is better than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.97 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
- MLM shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 10.10%, which is quite good.
- The Earnings Per Share has been growing by 12.34% on average over the past years. This is quite good.
- MLM shows a small growth in Revenue. In the last year, the Revenue has grown by 1.98%.
- 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.
- MLM is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 7.32% yearly.
EPS Next Y8.8%
EPS Next 2Y12.78%
EPS Next 3Y13.52%
EPS Next 5Y11.31%
Revenue Next Year0.51%
Revenue Next 2Y4.23%
Revenue Next 3Y5.04%
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.
4. Valuation
4.1 Price/Earnings Ratio
- With a Price/Earnings ratio of 34.35, MLM can be considered very expensive at the moment.
- 69.23% of the companies in the same industry are cheaper than MLM, based on the Price/Earnings ratio.
- Compared to an average S&P500 Price/Earnings ratio of 27.38, MLM is valued a bit more expensive.
- A Price/Forward Earnings ratio of 29.46 indicates a quite expensive valuation of MLM.
- 61.54% of the companies in the same industry are cheaper than MLM, based on the Price/Forward Earnings ratio.
- MLM's Price/Forward Earnings ratio indicates a valuation a bit more expensive than the S&P500 average which is at 24.29.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.35 | ||
| Fwd PE | 29.46 |
4.2 Price Multiples
- 76.92% of the companies in the same industry are cheaper than MLM, based on the Enterprise Value to EBITDA ratio.
- Based on the Price/Free Cash Flow ratio, MLM is valued a bit more expensive than 61.54% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 39.03 | ||
| EV/EBITDA | 20.35 |
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 13.52% in the coming years.
PEG (NY)3.9
PEG (5Y)2.78
EPS Next 2Y12.78%
EPS Next 3Y13.52%
5. Dividend
5.1 Amount
- With a yearly dividend of 0.52%, MLM is not a good candidate for dividend investing.
- MLM's Dividend Yield is a higher than the industry average which is at 2.08.
- With a Dividend Yield of 0.52, MLM pays less dividend than the S&P500 average, which is at 1.85.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
5.2 History
- The dividend of MLM is nicely growing with an annual growth rate of 8.16%!
- 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
5.3 Sustainability
- MLM pays out 16.93% of its income as dividend. This is a sustainable payout ratio.
- MLM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP16.93%
EPS Next 2Y12.78%
EPS Next 3Y13.52%
651.66
+10.72 (+1.67%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)11-04 2025-11-04/bmo
Earnings (Next)02-10 2026-02-10/amc
Inst Owners99.7%
Inst Owner Change0.38%
Ins Owners0.67%
Ins Owner Change-0.36%
Market Cap39.30B
Revenue(TTM)6.64B
Net Income(TTM)1.15B
Analysts76.55
Price Target692.74 (6.3%)
Short Float %2.91%
Short Ratio4.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.52% |
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)1.38%
PT rev (3m)5.43%
EPS NQ rev (1m)3.2%
EPS NQ rev (3m)2.74%
EPS NY rev (1m)0%
EPS NY rev (3m)-1.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-7.06%
Revenue NY rev (1m)0.47%
Revenue NY rev (3m)-5.63%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 34.35 | ||
| Fwd PE | 29.46 | ||
| P/S | 5.92 | ||
| P/FCF | 39.03 | ||
| P/OCF | 21.34 | ||
| P/B | 4.04 | ||
| P/tB | 6.94 | ||
| EV/EBITDA | 20.35 |
EPS(TTM)18.97
EY2.91%
EPS(NY)22.12
Fwd EY3.39%
FCF(TTM)16.7
FCFY2.56%
OCF(TTM)30.54
OCFY4.69%
SpS110.11
BVpS161.42
TBVpS93.95
PEG (NY)3.9
PEG (5Y)2.78
Graham Number262.48
Profitability
| Industry Rank | Sector 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 Rank | Sector 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 | 3.89 |
F-Score6
WACC10.42%
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 Y8.8%
EPS Next 2Y12.78%
EPS Next 3Y13.52%
EPS Next 5Y11.31%
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.48%
Revenue growth 5Y6.64%
Sales Q2Q%-2.28%
Revenue Next Year0.51%
Revenue Next 2Y4.23%
Revenue Next 3Y5.04%
Revenue Next 5Y7.32%
EBIT growth 1Y8.43%
EBIT growth 3Y13.48%
EBIT growth 5Y10.76%
EBIT Next Year39.12%
EBIT Next 3Y19.62%
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%.