Martin Marietta Materials, Inc. MLM

484.30 4.20 0.87% as of 25 Sep
Market cap
$34.1B
P/E
11.9×
Indexes indicate stock being part of an index,
Growth Flags show if company had growth for consecutive years

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 0.85%

Capital & Financial Ratios

Market Cap 34,100.00
Revenue 6,688.00
Net Income 2,457.00
Free Cash Flow 810.00
Net Debt 5,831.00
Current Ratio 1.41
Debt/Equity 0.52
P/E ratio 11.88
P/S ratio 4.35
P/B ratio 2.52
Past 5Y EPS Growth 27.15%
This Y EPS Growth 10.62%
Next Y EPS Growth 18.12%
Next 5Y EPS Growth 15.16%
in millions of $

Dividends

Payout Ratio 0.17
Annual Dividend Rate 2.96
Annual Dividend Yield 0.54%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 3.46
0.83
0.83
0.84
2025 3.24
0.79
0.79
0.83
0.83
2024 3.06
0.74
0.74
0.79
0.79
2023 2.80
0.66
0.66
0.74
0.74
2022 2.54
0.61
0.61
0.66
0.66
2021 2.36
0.57
0.57
0.61
0.61
2020 2.24
0.55
0.55
0.57
0.57
2019 2.06
0.48
0.48
0.55
0.55
2018 1.84
0.44
0.44
0.48
0.48
2017 1.72
0.42
0.42
0.44
0.44
2016 1.64
0.40
0.40
0.42
0.42
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 1,282 670 67 120
Receivables 753 678 723 1,020
Inventory 989 1,018 1,078 1,169
Other 895 83 1,325 137
3,919 2,449 3,193 2,446
2023 2024 2025 Q'26
Payables 343 375 389 349
ST’ Debt 400 125 30 860
Other 178 183 212 288
1,170 1,002 895 1,739
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 5.68% 5.39% (0.06%)
Cash Flow 11.89% 11.19% 21.67%
Earnings 14.69% 9.54% 9.46%
Book Value 9.47% 11.23% 11.84%

Revenue

Mar Jun Sep Dec Year
’26 1,362 1,947 — — —
’25 1,162 1,609 1,846 1,533 6,150
’24 1,251 1,764 1,642 1,005 5,662
’23 1,354 1,821 1,994 682 5,851
’22 1,231 1,642 1,812 1,477 6,161
’21 982 1,378 1,557 1,496 5,414
’20 958 1,271 1,321 1,180 4,730
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 227 112 — — —
’25 218 387 551 629 1,785
’24 172 1 600 686 1,459
’23 161 358 454 555 1,528
’22 170 116 275 430 991
’21 192 249 339 357 1,138
’20 107 267 311 366 1,050
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 41 (16) — — —
’25 (15) 208 361 424 978
’24 (28) (138) 317 453 604
’23 (13) 239 283 369 878
’22 31 34 186 257 509
’21 82 147 231 256 715
’20 3 195 236 257 690
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 25.06 4.17 — — —
’25 1.90 5.43 6.85 4.62 18.77
’24 16.87 4.76 5.91 4.79 32.41
’23 1.95 5.61 6.72 4.55 18.82
’22 0.34 5.86 4.73 2.95 13.87
’21 1.04 3.61 4.07 2.50 11.22
’20 0.41 3.49 4.71 2.93 11.54
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1.9
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
108.31 191.09 150.75 167.62 135.08 274.64 284.99 317.94 479.67 441.95

Analyst estimates 2026–2028

Powerpack
Low Price
236.41 244.32 241.33 281.17 287.51 445.00 446.46 500.91 633.23 665.18
High Price
8,111 8,406 8,714 8,846 8,700 10,000 9,400 9,400 9,400 9,600
Employees
0 0 0 1 1 1 1 1 1 1
Revenue/Emp
3,819 3,966 4,244 4,739 4,730 5,414 6,161 5,851 5,662 6,150
Revenue
23.88% 24.51% 22.77% 24.88% 26.49% 24.91% 23.10% 29.82% 28.89% 30.72%
Gross Margin
607 619 576 748 889 856 1,091 1,226 2,366 1,226
EBT
15.90% 15.61% 13.57% 15.79% 18.80% 15.80% 17.71% 20.95% 41.79% 19.93%
EBT Margin
425 713 470 612 721 703 867 1,170 1,996 1,137
Net Income
285 297 344 372 394 452 506 513 573 637
Depreciation
60.03 63.05 67.48 75.83 75.92 86.76 98.89 94.52 92.22 101.65
Revenue/Sh
6.66 11.30 7.46 9.77 11.56 11.26 13.91 18.88 32.50 18.81
Earnings/Sh
10.83 10.45 11.21 15.46 16.86 18.23 15.91 24.69 23.76 29.50
Cash Flow/Sh
(6.09) (6.52) (5.98) (6.30) (5.77) (6.78) (7.74) (10.50) (13.93) (13.34)
Capex/Sh
4.74 3.93 5.23 9.16 11.08 11.45 8.17 14.18 9.84 16.17
Free CF/Sh
65.12 74.44 78.69 85.65 94.60 104.77 115.13 129.82 154.01 165.85
Book Value/Sh
64 63 63 63 62 62 62 62 61 61
Shares
33.48 19.89 23.04 28.62 24.54 39.12 24.31 25.99 15.93 33.05
PE Ratio
3.72 3.57 2.55 3.69 3.74 5.08 3.42 5.19 5.60 6.13
PS Ratio
3.43 3.02 2.18 3.26 3.00 4.20 2.94 3.78 3.35 3.75
PB Ratio
4.15 3.97 3.27 4.27 4.24 5.98 4.07 5.72 6.44 6.98
EV/Sales
52.51 63.62 42.19 35.33 29.06 45.34 49.21 38.11 60.36 43.89
EV/FCF
689 658 705 966 1,050 1,138 991 1,528 1,459 1,785
Op' Cash Flow
(387) (410) (376) (393) (360) (423) (482) (650) (855) (807)
Capex
302 247 329 573 690 715 509 878 604 978
FCF
540 1,937 579 588 1,169 1,273 1,431 2,749 1,447 2,298
Working Cap'
1,686 3,027 3,120 2,774 2,678 5,168 5,040 4,346 5,413 5,323
Total Debt
1,636 1,581 3,076 2,753 2,373 4,909 3,977 3,064 4,743 5,256
Net Debt
4,143 4,682 4,949 5,353 5,893 6,538 7,173 8,036 9,456 10,034
Sh' Equity
5.97% 8.76% 5.07% 6.22% 6.96% 5.63% 5.90% 7.76% 11.98% 6.17%
ROA
7.32% 6.99% 5.38% 6.82% 7.60% 5.32% 6.77% 7.51% 10.91% 5.87%
ROIC
10.37% 16.17% 9.76% 11.88% 12.82% 11.30% 12.65% 15.37% 22.81% 11.67%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Martin Marietta Materials, Inc. peers in Building Materials

All 18 Building Materials stocks →

MLM metrics, ten years each

Martin Marietta Materials, Inc. (MLM) key facts

  • Martin Marietta Materials, Inc. (MLM) is a Building Materials company in the Basic Materials sector, listed on the New York Stock Exchange.
  • Net income was $1.1 billion, or $18.81 per share (basic), a net margin of 18.5%.
  • As of September 25, 2026, MLM traded at $484.30, a market capitalization of $34.1 billion.
  • At that price the stock trades at 11.9× trailing-twelve-month earnings and 4.4× sales.
  • Martin Marietta Materials, Inc. pays an annual dividend of $2.96 per share, a yield of 0.54%, with a payout ratio of 17.1%.
  • Return on equity was 11.7% and debt-to-equity 0.52.

Source: company filings (standardised) and stockrow calculations.

Martin Marietta Materials, Inc. (MLM) Latest News

News by impact score

Fine-tune

21 Sep

3

Martin Marietta Materials (MLM) shares fell to $492.19 over the past six months, down 14.8% as the S&P 500 rose 16.4%. A stock-story research piece argues MLM is not exciting, citing three red flags: tepid long-term revenue growth (5-year CAGR of 6.6% vs industry benchmark); EPS growth stalled over the last two years; and mediocre capital efficiency (five-year ROIC ~8.1% vs top industrials >20%). It notes MLM trades around 27.9x forward P/E, implying the market has priced in good news. The piece discourages ownership and suggests investors consider alternatives, including semiconductor plays. Promotional material about StockStory’s top stock picks and AI-driven signals is also included. Weak growth metrics and a high forward P/E create a modest but meaningful headwind on sentiment and potential upside.

20 Sep

3

Martin Marietta Materials posted record guidance, signaling stronger earnings prospects, but shares slid about 20% after the announcement. The drop could create an attractive entry point if the guidance proves sustainable and the company maintains pricing power amid construction demand for aggregates. Demand remains tied to construction activity, while input costs and regional exposure could influence results. Investors weigh whether the decline reflects overreaction or looming headwinds such as margin pressure, project delays, or macro factors that could temper the outlook. The upbeat guidance contrasts with the sharp price drop, suggesting sentiment may have overreacted. Long-term questions center on MLM’s ability to sustain growth, pricing power, and the trajectory of demand versus near-term risks. Record guidance improves the outlook while the 20% stock drop signals mixed sentiment, yielding a moderate impact.

18 Sep

3

Martin Marietta Materials maintains a strategic asset base positioned to support long-term growth. Strategic asset base supports sustained expansion without indicating immediate major shifts.

1 Sep

5

Martin Marietta Materials completed a landmark deal that rewires its growth engine and alters its long-term trajectory. The landmark deal fundamentally redefines Martin Marietta's competitive position and long-term growth prospects.

28 Aug

3

Martin Marietta Materials (MLM) stock may trade 20% below fair value after Lhoist deal closure. Lhoist deal closure creates potential 20% upside to fair value for MLM shares.

24 Aug

4

Martin Marietta Materials, Inc. has completed its combination with Lhoist North America. Completion of the combination with Lhoist North America marks a major strategic expansion altering Martin Marietta's operational scale and market position.

18 Aug

4

Martin Marietta Materials, Inc. (MLM) pursues $13.5B Lhoist deal to strengthen long-term growth. $13.5B Lhoist acquisition marks major strategic expansion altering MLM trajectory.

3

Martin Marietta Materials (MLM) premium valuation faces scrutiny even as earnings growth improves. Valuation and earnings growth analysis may moderately shift investor views on MLM stock.

7 Aug

3

CRH advances $8.5 billion Arcosa acquisition amid financing risks that may reshape aggregates market competition including for Martin Marietta Materials. Competitor CRH acquisition alters market dynamics with moderate effects on Martin Marietta positioning.

5 Aug

4

Martin Marietta Materials receives regulatory approvals for Lhoist North America transaction. Regulatory clearance enables major transaction that shifts competitive position and growth trajectory.

31 Jul

4

Martin Marietta Materials issues higher 2026 guidance and announces buybacks despite lower earnings, raising questions over potential narrative shift for the company. Higher 2026 guidance and buybacks signal strong future outlook that could alter company trajectory despite lower earnings.

3

Acquisitions and product mix weighed on Martin Marietta Materials Q2 margins, yet cost discipline supported raised full-year guidance. Raised guidance indicates moderately improved outlook that may influence near-term investor views but is tempered by ongoing margin pressures.

3

Martin Marietta Materials reported Q2 earnings with updates on aggregates pricing, volumes, and segment results during the earnings call. Q2 earnings data and outlook provide standard financial performance details with moderate influence on near-term sentiment.

3

Martin Marietta Materials, Inc. held its Q2 2026 earnings call detailing financial results and forward outlook for the construction materials supplier. Quarterly earnings provide updated financial metrics that can shift near-term sentiment without altering long-term strategy.

30 Jul

4

Martin Marietta Materials Inc reported record revenues in its Q2 2026 earnings call. Record revenues from the earnings call point to stronger financial results and positive shifts in company trajectory.

4

Martin Marietta Materials beat Q2 CY2026 sales estimates and issued strong full-year sales guidance. Earnings beat combined with upbeat full-year guidance tends to lift valuation and investor sentiment for the company.

3

Martin Marietta Materials beat Q2 earnings and revenue estimates on higher shipment volumes. Earnings beat on shipment growth can lift short-term sentiment but leaves long-term trajectory unchanged.

3

Martin Marietta Materials may be 17% undervalued after earnings and guidance updates reset market views on the company. Earnings and guidance changes have prompted a valuation reset for Martin Marietta Materials affecting near-term market views.

3

Martin Marietta Materials reported Q2 earnings with focus on key metrics performance. Q2 earnings release with metrics review can moderately shift near-term investor sentiment on financial results.

3

Martin Marietta (MLM) posted Q2 earnings and revenues that topped analyst estimates. Q2 earnings beat signals improved near-term financial results and market sentiment.

3

Martin Marietta Materials reported second-quarter 2026 financial results. Quarterly results update revenue, earnings and guidance that move near-term valuation.

23 Jul

3

Analysts estimate Martin Marietta (MLM) will report a decline in earnings. Investors should monitor operational metrics, cost pressures, and demand trends ahead of the release. Expected earnings decline directly affects near-term stock valuation and sentiment for Martin Marietta.

1 Jul

4

Martin Marietta Materials plans to acquire Lhoist North America, adding high-quality assets according to UBS. Planned acquisition of Lhoist North America marks major strategic expansion for Martin Marietta Materials.

30 Jun

4

Martin Marietta Materials pursues Lhoist acquisition to extend its lead in aggregates and construction materials markets. Lhoist acquisition marks a major strategic expansion that can materially shift Martin Marietta's market position.

29 Jun

5

Martin Marietta Materials will combine with Lhoist North America in a $13.5 billion deal. The $13.5 billion combination with Lhoist North America will fundamentally reshape Martin Marietta Materials' market position and long-term operations.

5

Martin Marietta Materials, Inc. acquires Lhoist North America for $13.5 billion. $13.5 billion acquisition of Lhoist North America expands Martin Marietta's scale and competitive position.

4

Martin Marietta Materials shares decline after announcing $13.5 billion deal with Lhoist. Major acquisition fundamentally shifts strategic position, operations and investor outlook.

4

Martin Marietta Materials submits a $13.5 billion bid for an AI megaproject. The $13.5 billion bid signals a major strategic expansion with potential to significantly alter company trajectory.

4

Martin Marietta Materials completed a major acquisition, but the deal omits key elements that may limit its strategic value or integration success. Major acquisition signals significant strategic expansion likely to alter Martin Marietta's market position and performance trajectory.

3

Martin Marietta Materials (MLM) shares plunge today on unspecified negative developments pressuring the stock. Stock plunge reflects immediate market reaction to events but leaves core operations and long-term trajectory largely intact.

stockrow.com/MLM · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com