(MLM) Martin Marietta Materials - Overview
Sector: Basic Materials | Industry: Building Materials | Exchange: NYSE (USA) | Market Cap: 32.213m USD | Total Return: -5% in 12m
Avg Turnover: 304M
EPS Trend: 43.7%
Qual. Beats: 0
Rev. Trend: -10.4%
Qual. Beats: 0
Warnings
Below Avwap Earnings
Tailwinds
No distinct edge detected
Martin Marietta Materials, Inc. (MLM) is a Raleigh-based provider of aggregates and heavy-side building materials for the global construction industry. The company operates through its East and West Group segments, supplying crushed stone, sand, gravel, ready-mixed concrete, and asphalt for infrastructure, residential, and nonresidential projects. Additionally, the firm produces magnesia-based chemicals and dolomitic lime for steel production, soil stabilization, and environmental applications.
The aggregates industry is characterized by high barriers to entry due to stringent zoning regulations and the significant capital investment required for quarry operations. Because transportation costs are high relative to product value, the business model relies on a decentralized network of local production sites situated near high-growth metropolitan corridors. Investors may find it useful to evaluate these regional market dynamics further on ValueRay.
- Federal infrastructure spending levels drive long-term aggregates demand and pricing power
- Nonresidential construction activity directly correlates with heavy-side building material volumes
- Mortgage rate fluctuations influence residential development and ready mixed concrete consumption
- Diesel fuel prices and logistics costs significantly impact operational profit margins
- Strategic acquisitions and geographic expansion dictate long-term market share and valuation growth
| Net Income: 2.53b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.05 > 0.02 and ΔFCF/TA 1.56 > 1.0 |
| NWC/Revenue: 18.80% < 20% (prev 17.60%; Δ 1.20% < -1%) |
| CFO/TA 0.09 > 3% & CFO 1.79b > Net Income 2.53b |
| Net Debt (5.81b) to EBITDA (2.12b): 2.73 < 3 |
| Current Ratio: 2.19 > 1.5 & < 3 |
| Outstanding Shares: last quarter (60.4m) vs 12m ago -0.98% < -2% |
| Gross Margin: 29.50% > 18% (prev 0.29%; Δ 2.92k% > 0.5%) |
| Asset Turnover: 34.29% > 50% (prev 37.45%; Δ -3.16% > 0%) |
| Interest Coverage Ratio: 6.44 > 6 (EBITDA TTM 2.12b / Interest Expense TTM 229.0m) |
| A: 0.06 (Total Current Assets 2.27b - Total Current Liabilities 1.03b) / Total Assets 20.5b |
| B: 0.37 (Retained Earnings 7.66b / Total Assets 20.5b) |
| C: 0.08 (EBIT TTM 1.48b / Avg Total Assets 19.1b) |
| D: 0.84 (Book Value of Equity 7.72b / Total Liabilities 9.20b) |
| Altman-Z'' = 3.01 = A |
| DSRI: 1.08 (Receivables 780.0m/733.0m, Revenue 6.55b/6.64b) |
| GMI: 0.99 (GM 29.50% / 29.25%) |
| AQI: 0.87 (AQ_t 0.25 / AQ_t-1 0.29) |
| SGI: 0.99 (Revenue 6.55b / 6.64b) |
| TATA: 0.04 (NI 2.53b - CFO 1.79b) / TA 20.5b) |
| Beneish M = -3.02 (Cap -4..+1) = AA |
As of May 25, 2026, the stock is trading at USD 536.48 with a total of 464,214 shares traded.
Over the past week, the price has changed by -3.97%,
over one month by -12.81%,
over three months by -22.92% and
over the past year by -4.96%.
Martin Marietta Materials has received a consensus analysts rating of 4.04. Therefore, it is recommended to buy MLM.
- StrongBuy: 11
- Buy: 4
- Hold: 7
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 688.9 | 28.4% |
P/E Trailing = 33.6773
P/E Forward = 27.4725
P/S = 5.073
P/B = 2.8599
P/EG = 2.5181
Revenue TTM = 6.55b USD
EBIT TTM = 1.48b USD
EBITDA TTM = 2.12b USD
Long Term Debt = 5.29b USD (from longTermDebt, last quarter)
Short Term Debt = 65.0m USD (from shortTermDebt, last quarter)
Debt = 6.08b USD (from shortLongTermDebtTotal, last quarter) + Leases 394.0m
Net Debt = 5.81b USD (calculated: Debt 6.08b - CCE 273.0m)
Enterprise Value = 38.0b USD (32.2b + Debt 6.08b - CCE 273.0m)
Interest Coverage Ratio = 6.44 (Ebit TTM 1.48b / Interest Expense TTM 229.0m)
EV/FCF = 36.77x (Enterprise Value 38.0b / FCF TTM 1.03b)
FCF Yield = 2.72% (FCF TTM 1.03b / Enterprise Value 38.0b)
FCF Margin = 15.78% (FCF TTM 1.03b / Revenue TTM 6.55b)
Net Margin = 38.67% (Net Income TTM 2.53b / Revenue TTM 6.55b)
Gross Margin = 29.50% ((Revenue TTM 6.55b - Cost of Revenue TTM 4.62b) / Revenue TTM)
Gross Margin QoQ = 22.76% (prev 30.51%)
Tobins Q-Ratio = 1.86 (Enterprise Value 38.0b / Total Assets 20.5b)
Interest Expense / Debt = 3.77% (Interest Expense 229.0m / Debt 6.08b)
Taxrate = 32.48% (38.0m / 117.0m)
NOPAT = 995.9m (EBIT 1.48b * (1 - 32.48%))
Current Ratio = 2.19 (Total Current Assets 2.27b / Total Current Liabilities 1.03b)
Debt / Equity = 0.54 (Debt 6.08b / totalStockholderEquity, last quarter 11.3b)
Debt / EBITDA = 2.73 (Net Debt 5.81b / EBITDA 2.12b)
Debt / FCF = 5.62 (Net Debt 5.81b / FCF TTM 1.03b)
Total Stockholder Equity = 10.1b (last 4 quarters mean from totalStockholderEquity)
RoA = 13.26% (Net Income 2.53b / Total Assets 20.5b)
RoE = 25.07% (Net Income TTM 2.53b / Total Stockholder Equity 10.1b)
RoCE = 9.58% (EBIT 1.48b / Capital Employed (Equity 10.1b + L.T.Debt 5.29b))
RoIC = 5.15% (NOPAT 995.9m / Invested Capital 19.3b)
WACC = 7.94% (E(32.2b)/V(38.3b) * Re(8.96%) + D(6.08b)/V(38.3b) * Rd(3.77%) * (1-Tc(0.32)))
Discount Rate = 8.96% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -84.85 | Cagr: -1.16%
[DCF] Terminal Value 77.97% ; FCFF base≈867.2m ; Y1≈994.1m ; Y5≈1.46b
[DCF] Fair Price = 269.9 (EV 22.0b - Net Debt 5.81b = Equity 16.2b / Shares 60.0m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 43.68 | EPS CAGR: 3.07% | SUE: 0.32 | # QB: 0
Revenue Correlation: -10.36 | Revenue CAGR: -0.15% | SUE: 0.70 | # QB: 0
EPS current Quarter (2026-06-30): EPS=5.03 | Chg30d=-11.09% | Revisions=-75% | Analysts=13
EPS next Quarter (2026-09-30): EPS=7.13 | Chg30d=-1.53% | Revisions=-12% | Analysts=13
EPS current Year (2026-12-31): EPS=19.37 | Chg30d=-3.45% | Revisions=-52% | GrowthEPS=+3.2% | GrowthRev=+15.6%
EPS next Year (2027-12-31): EPS=23.10 | Chg30d=-1.08% | Revisions=-24% | GrowthEPS=+19.3% | GrowthRev=+7.3%
[Analyst] Revisions Ratio: -75%