Martin Marietta Materials, Inc. MLM
- Market cap
- $34.1B
- P/E
- 11.9×
Follow MLM
Target Price Range
Analyst price targets
Free account| 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
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| 236.41 | 244.32 | 241.33 | 281.17 | 287.51 | 445.00 | 446.46 | 500.91 | 633.23 | 665.18 |
High Price
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| 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
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|||
| 3,819 | 3,966 | 4,244 | 4,739 | 4,730 | 5,414 | 6,161 | 5,851 | 5,662 | 6,150 |
Revenue
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| 23.88% | 24.51% | 22.77% | 24.88% | 26.49% | 24.91% | 23.10% | 29.82% | 28.89% | 30.72% |
Gross Margin
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| 607 | 619 | 576 | 748 | 889 | 856 | 1,091 | 1,226 | 2,366 | 1,226 |
EBT
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| 15.90% | 15.61% | 13.57% | 15.79% | 18.80% | 15.80% | 17.71% | 20.95% | 41.79% | 19.93% |
EBT Margin
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| 425 | 713 | 470 | 612 | 721 | 703 | 867 | 1,170 | 1,996 | 1,137 |
Net Income
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| 285 | 297 | 344 | 372 | 394 | 452 | 506 | 513 | 573 | 637 |
Depreciation
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| 60.03 | 63.05 | 67.48 | 75.83 | 75.92 | 86.76 | 98.89 | 94.52 | 92.22 | 101.65 |
Revenue/Sh
|
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| 6.66 | 11.30 | 7.46 | 9.77 | 11.56 | 11.26 | 13.91 | 18.88 | 32.50 | 18.81 |
Earnings/Sh
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| 10.83 | 10.45 | 11.21 | 15.46 | 16.86 | 18.23 | 15.91 | 24.69 | 23.76 | 29.50 |
Cash Flow/Sh
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| (6.09) | (6.52) | (5.98) | (6.30) | (5.77) | (6.78) | (7.74) | (10.50) | (13.93) | (13.34) |
Capex/Sh
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| 4.74 | 3.93 | 5.23 | 9.16 | 11.08 | 11.45 | 8.17 | 14.18 | 9.84 | 16.17 |
Free CF/Sh
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| 65.12 | 74.44 | 78.69 | 85.65 | 94.60 | 104.77 | 115.13 | 129.82 | 154.01 | 165.85 |
Book Value/Sh
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| 64 | 63 | 63 | 63 | 62 | 62 | 62 | 62 | 61 | 61 |
Shares
|
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| 33.48 | 19.89 | 23.04 | 28.62 | 24.54 | 39.12 | 24.31 | 25.99 | 15.93 | 33.05 |
PE Ratio
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| 3.72 | 3.57 | 2.55 | 3.69 | 3.74 | 5.08 | 3.42 | 5.19 | 5.60 | 6.13 |
PS Ratio
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| 3.43 | 3.02 | 2.18 | 3.26 | 3.00 | 4.20 | 2.94 | 3.78 | 3.35 | 3.75 |
PB Ratio
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| 4.15 | 3.97 | 3.27 | 4.27 | 4.24 | 5.98 | 4.07 | 5.72 | 6.44 | 6.98 |
EV/Sales
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| 52.51 | 63.62 | 42.19 | 35.33 | 29.06 | 45.34 | 49.21 | 38.11 | 60.36 | 43.89 |
EV/FCF
|
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| 689 | 658 | 705 | 966 | 1,050 | 1,138 | 991 | 1,528 | 1,459 | 1,785 |
Op' Cash Flow
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| (387) | (410) | (376) | (393) | (360) | (423) | (482) | (650) | (855) | (807) |
Capex
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| 302 | 247 | 329 | 573 | 690 | 715 | 509 | 878 | 604 | 978 |
FCF
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| 540 | 1,937 | 579 | 588 | 1,169 | 1,273 | 1,431 | 2,749 | 1,447 | 2,298 |
Working Cap'
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| 1,686 | 3,027 | 3,120 | 2,774 | 2,678 | 5,168 | 5,040 | 4,346 | 5,413 | 5,323 |
Total Debt
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| 1,636 | 1,581 | 3,076 | 2,753 | 2,373 | 4,909 | 3,977 | 3,064 | 4,743 | 5,256 |
Net Debt
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| 4,143 | 4,682 | 4,949 | 5,353 | 5,893 | 6,538 | 7,173 | 8,036 | 9,456 | 10,034 |
Sh' Equity
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| 5.97% | 8.76% | 5.07% | 6.22% | 6.96% | 5.63% | 5.90% | 7.76% | 11.98% | 6.17% |
ROA
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| 7.32% | 6.99% | 5.38% | 6.82% | 7.60% | 5.32% | 6.77% | 7.51% | 10.91% | 5.87% |
ROIC
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| 10.37% | 16.17% | 9.76% | 11.88% | 12.82% | 11.30% | 12.65% | 15.37% | 22.81% | 11.67% |
ROE
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Martin Marietta Materials, Inc. peers in Building Materials
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| VMC Vulcan Materials Company | $31.3B | 28.8× | Compare |
| AMRZ Amrize Ltd | $20.5B | 17.5× | Compare |
| CRH CRH PLC | $58.8B | 14.9× | Compare |
| JHX James Hardie Industries PLC. | $15.2B | 104× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| CX Cemex S.A.B. de C.V. | $14.5B | 27.7× | Compare |
| EXP Eagle Materials Inc | $5.4B | 14.1× | Compare |
| USLM United States Lime & Minerals, Inc. | $3.1B | 23.8× | Compare |
| KNF Knife River Corporation | $3.0B | 22.1× | Compare |
MLM metrics, ten years each
- Revenue
- Net income
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
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.
Martin Marietta Materials, Inc. (MLM) Latest News
21 Sep
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
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
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
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
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
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
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.
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
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
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
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.
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.
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.
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
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.
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.
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.
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.
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.
Martin Marietta (MLM) posted Q2 earnings and revenues that topped analyst estimates. Q2 earnings beat signals improved near-term financial results and market sentiment.
Martin Marietta Materials reported second-quarter 2026 financial results. Quarterly results update revenue, earnings and guidance that move near-term valuation.
23 Jul
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
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
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
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.
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.
Martin Marietta Materials shares decline after announcing $13.5 billion deal with Lhoist. Major acquisition fundamentally shifts strategic position, operations and investor outlook.
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.
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.
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.