Martin Marietta Materials Inc (MLM)

Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It operates through East Group and West Group segments. The company offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; and paving products and services for use in the infrastructure projects, and nonresidential and residential construction projects, as well as in the railroad, agricultural, utility, and environmental industries. It also produces magnesia-based chemicals products, and dolomitic lime primarily to customers for steel production and soil stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other applications. The company was founded in 1939 and is based in Raleigh, North Carolina.

Symbol: MLM
Exchange: NYSE
Sector: Basic Materials
Industry: Building Materials
Market cap: $28.96B
52 week range: 470.19 - 710.97

Valuation

Share price: $482.27 (close of 2026-10-02)
P/E (TTM): 11.83x
Price to book: 2.51x
Price to free cash flow: 35.75x
Enterprise value: $35.19B
Book value per share: $192.30

Price performance

Period	Change
1 day	+0.65%
5 days	-0.42%
1 month	-6.73%
3 months	-19.54%
6 months	-19.24%
Year to date	-22.55%
1 year	-23.19%
3 years	+18.87%
5 years	+36.23%
10 years	+169.26%
All time	+1858.06%

Members of Congress who disclosed MLM trades

April McClain Delaney · Lisa McClain · Val Hoyle · Josh Gottheimer

Super investors holding MLM

Chris Hohn (TCI Fund Management Ltd) · Thomas Russo (Gardner Russo & Quinn LLC) · Wallace Weitz (Weitz Investment Management) · Ken Griffin (Citadel)

Profitability and growth

Return on equity: 11.33%
Return on invested capital: 7.66%
Return on assets: 6.08%
Return on capital employed: 8.07%
Gross margin: 30.72%
Net margin: 18.49%
EBITDA margin: 33.72%
Revenue growth: 8.62%
Net income growth: -43.01%
Free cash flow growth: 61.92%

Cash flow and balance sheet

Free cash flow yield (TTM): 2.80%
Current ratio: 1.41x
Net debt to EBITDA: 2.99x

Latest reported year

Period end: 2025-12-31
Fiscal year: 2025
Revenue: $6.15B
Cost of revenue: $4.26B
Gross profit: $1.89B
EBITDA: $2.07B
Net income: $1.14B
Earnings per share: $18.81
Interest expense: $230.00M
Shares outstanding: 60.50M

Income statement by year

Period end	Revenue	Gross profit	Net income	EPS
2025-12-31	$6.15B	$1.89B	$1.14B	$18.81
2024-12-31	$5.66B	$1.64B	$2.00B	$32.50
2023-12-31	$5.85B	$1.75B	$1.17B	$18.88
2022-12-31	$6.16B	$1.42B	$867.00M	$13.91
2021-12-31	$5.41B	$1.35B	$702.50M	$11.26
2020-12-31	$4.73B	$1.25B	$721.00M	$11.56
2019-12-31	$4.74B	$1.18B	$611.90M	$9.77
2018-12-31	$4.24B	$966.60M	$470.00M	$7.46
2017-12-31	$3.97B	$971.90M	$713.30M	$11.30
2016-12-31	$3.82B	$911.74M	$425.39M	$6.66

Margins and returns by year

Period end	Gross margin	Net margin	Return on equity	Return on capital
2025-12-31	30.72%	18.49%	11.33%	7.66%
2024-12-31	28.89%	35.23%	21.10%	13.23%
2023-12-31	29.82%	19.98%	14.55%	9.56%
2022-12-31	23.10%	14.07%	12.09%	7.94%
2021-12-31	24.91%	12.98%	10.75%	6.83%
2020-12-31	26.49%	15.24%	12.23%	9.52%
2019-12-31	24.88%	12.91%	11.43%	8.70%
2018-12-31	22.77%	11.07%	9.50%	7.29%
2017-12-31	24.51%	17.99%	15.23%	11.18%
2016-12-31	23.88%	11.14%	10.27%	8.58%

Cash and debt by year

Period end	Cash	Debt
2025-12-31	$67.00M	$5.29B
2024-12-31	$670.00M	$5.29B
2023-12-31	$1.27B	$3.95B
2022-12-31	$358.00M	$4.34B
2021-12-31	$258.40M	$5.10B
2020-12-31	$207.30M	$2.63B
2019-12-31	$21.00M	$2.43B
2018-12-31	$44.90M	$2.73B
2017-12-31	$1.45B	$2.73B
2016-12-31	$50.04M	$1.51B

Free cash flow by year

Period end	Free cash flow	Stock-based compensation
2025-12-31	$978.00M	$46.00M
2024-12-31	$604.00M	$58.00M
2023-12-31	$878.00M	$50.00M
2022-12-31	$509.00M	$43.00M
2021-12-31	$714.60M	$43.00M
2020-12-31	$690.40M	$30.00M
2019-12-31	$572.60M	$34.10M
2018-12-31	$329.10M	$29.30M
2017-12-31	$247.30M	$30.50M
2016-12-31	$301.67M	$20.48M

Dividend history

Most recent payment: 2026-09-01
Paid in the last twelve months: $3.33

Payment date	Dividend per share
2026-09-01	$0.84
2026-06-01	$0.83
2026-03-02	$0.83
2025-12-01	$0.83
2025-09-02	$0.83
2025-06-02	$0.79
2025-03-03	$0.79
2024-12-02	$0.79

Investor relations

Next earnings report

Next confirmed report: 2026-11-03
Consensus EPS estimate: $6.62

Past earnings dates

Reported	Fiscal period	EPS estimate
2026-07-30	Jun/2026	$4.62
2026-04-30	Mar/2026	$1.76
2026-02-11	Dec/2025	$4.68
2025-11-04	Sep/2025	$6.65
2025-08-07	Jun/2025	$5.32
2025-04-30	Mar/2025	$1.94
2025-02-12	Dec/2024	$4.60
2024-10-30	Sep/2024	$6.41

Filings and sources

Company website: martinmarietta.com
SEC filings: 10-K, 10-Q and 8-K on EDGAR
Earnings calendar: All upcoming reports

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Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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