MARTIN MARIETTA MATERIALS (MLM) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:MLM - US5732841060 - Common Stock
635.05 USD
+2.54 (+0.4%)
Taking everything into account, MLM scores 6 out of 10 in our fundamental rating. MLM was compared to 13 industry peers in the Construction Materials industry. Both the health and profitability get an excellent rating, making MLM a very profitable company, without any liquidiy or solvency issues. While showing a medium growth rate, MLM is valued expensive at the moment. These ratings would make MLM suitable for quality investing!
1. Profitability
1.1 Basic Checks
In the past year MLM was profitable.
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 in line with its industry peers.
MLM has a Return On Invested Capital of 7.06%. This is comparable to the rest of the industry: MLM outperforms 46.15% of its industry peers.
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
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's Operating Margin of 23.66% 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.
The Gross Margin of MLM (29.81%) is better than 61.54% of its industry peers.
In the last couple of years the Gross Margin of MLM has grown nicely.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), MLM is destroying value.
MLM has less shares outstanding than it did 1 year ago.
MLM has less shares outstanding than it did 5 years ago.
The debt/assets ratio for MLM is higher compared to a year ago.
2.2 Solvency
MLM has an Altman-Z score of 3.81. This indicates that MLM is financially healthy and has little risk of bankruptcy at the moment.
MLM has a better Altman-Z score (3.81) than 69.23% 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 has a Debt to FCF ratio of 5.48. This is in the better half of the industry: MLM outperforms 61.54% 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.
The Debt to Equity ratio of MLM (0.54) is worse than 61.54% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.54 | ||
| Debt/FCF | 5.48 | ||
| Altman-Z | 3.81 |
ROIC/WACC0.68
WACC10.39%
2.3 Liquidity
MLM has a Current Ratio of 2.97. This indicates that MLM is financially healthy and has no problem in meeting its short term obligations.
MLM has a better Current ratio (2.97) than 92.31% of its industry peers.
A Quick Ratio of 2.07 indicates that MLM has no problem at all paying its short term obligations.
MLM has a better Quick ratio (2.07) than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 2.97 | ||
| Quick Ratio | 2.07 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an nice 10.10% over the past year.
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
The Earnings Per Share is expected to grow by 11.31% on average over the next years. This is quite good.
Based on estimates for the next years, MLM will show a small growth in Revenue. The Revenue will grow by 7.32% on average per year.
EPS Next Y8.8%
EPS Next 2Y12.7%
EPS Next 3Y13.2%
EPS Next 5Y11.31%
Revenue Next Year0.05%
Revenue Next 2Y4.18%
Revenue Next 3Y4.96%
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
The Price/Earnings ratio is 33.48, which means the current valuation is very expensive for MLM.
MLM's Price/Earnings ratio is a bit more expensive when compared to the industry. MLM is 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 (26.61), we can say MLM is valued slightly more expensively.
A Price/Forward Earnings ratio of 28.75 indicates a quite expensive valuation of MLM.
Based on the Price/Forward Earnings ratio, MLM is valued a bit more expensive than 61.54% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 24.01, MLM is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.48 | ||
| Fwd PE | 28.75 |
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.
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 Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 38.03 | ||
| EV/EBITDA | 19.82 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
The decent profitability rating of MLM may justify a higher PE ratio.
A more expensive valuation may be justified as MLM's earnings are expected to grow with 13.20% in the coming years.
PEG (NY)3.8
PEG (5Y)2.71
EPS Next 2Y12.7%
EPS Next 3Y13.2%
5. Dividend
5.1 Amount
With a yearly dividend of 0.53%, MLM is not a good candidate for dividend investing.
MLM's Dividend Yield is a higher than the industry average which is at 2.20.
Compared to an average S&P500 Dividend Yield of 1.87, MLM's dividend is way lower than the S&P500 average.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
5.2 History
On average, the dividend of MLM grows each year by 8.16%, which is quite nice.
MLM has paid a dividend for at least 10 years, which is a reliable track record.
MLM has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)8.16%
Div Incr Years9
Div Non Decr Years30
5.3 Sustainability
16.93% of the earnings are spent on dividend by MLM. This is a low number and sustainable payout ratio.
MLM's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP16.93%
EPS Next 2Y12.7%
EPS Next 3Y13.2%
NYSE:MLM (12/23/2025, 1:43:56 PM)
635.05
+2.54 (+0.4%)
Chartmill FA Rating
GICS SectorMaterials
GICS IndustryGroupMaterials
GICS IndustryConstruction Materials
Earnings (Last)
Earnings (Next)
Inst Owners99.7%
Inst Owner Change-1.57%
Ins Owners0.67%
Ins Owner Change-0.05%
Market Cap38.30B
Revenue(TTM)6.64B
Net Income(TTM)1.15B
Analysts76.55
Price Target683.31 (7.6%)
Short Float %2.72%
Short Ratio4.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 0.53% |
Yearly Dividend3.07
Dividend Growth(5Y)8.16%
DP16.93%
Div Incr Years9
Div Non Decr Years30
Ex-Date
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)1.08%
PT rev (3m)4%
EPS NQ rev (1m)-0.11%
EPS NQ rev (3m)-0.22%
EPS NY rev (1m)-1.2%
EPS NY rev (3m)-1.16%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-6.96%
Revenue NY rev (1m)-5.96%
Revenue NY rev (3m)-6.12%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.48 | ||
| Fwd PE | 28.75 | ||
| P/S | 5.77 | ||
| P/FCF | 38.03 | ||
| P/OCF | 20.79 | ||
| P/B | 3.93 | ||
| P/tB | 6.76 | ||
| EV/EBITDA | 19.82 |
EPS(TTM)18.97
EY2.99%
EPS(NY)22.09
Fwd EY3.48%
FCF(TTM)16.7
FCFY2.63%
OCF(TTM)30.54
OCFY4.81%
SpS110.11
BVpS161.42
TBVpS93.95
PEG (NY)3.8
PEG (5Y)2.71
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 | 3.81 |
F-Score6
WACC10.39%
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 2Y12.7%
EPS Next 3Y13.2%
EPS Next 5Y11.31%
Revenue 1Y (TTM)1.98%
Revenue growth 3Y6.48%
Revenue growth 5Y6.64%
Sales Q2Q%-2.28%
Revenue Next Year0.05%
Revenue Next 2Y4.18%
Revenue Next 3Y4.96%
Revenue Next 5Y7.32%
EBIT growth 1Y8.43%
EBIT growth 3Y13.48%
EBIT growth 5Y10.76%
EBIT Next Year39.06%
EBIT Next 3Y19.34%
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 for 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.
What are the PE and PB ratios of MARTIN MARIETTA MATERIALS (MLM) stock?
The Price/Earnings (PE) ratio for MARTIN MARIETTA MATERIALS (MLM) is 33.48 and the Price/Book (PB) ratio is 3.93.
What is the financial health of MARTIN MARIETTA MATERIALS (MLM) stock?
The financial health rating of MARTIN MARIETTA MATERIALS (MLM) is 7 / 10.