Martin Marietta Materials Inc (MLM)
OvervaluedFundamental
68
Price
$507.17
Market Cap
$36.15B
Part 1 · What the company is worth
Overview
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.
No editorial profile for this company yet
Direct competitors
Who this company fights with for the same customers
Generated with artificial intelligence on September 19, 2026, shared with all users
Vulcan is the other aggregates-led US producer of crushed stone, sand and gravel, bidding for the same highway, infrastructure and non-residential construction work in overlapping Sunbelt quarry markets.
CRH sells aggregates, cement, ready mixed concrete and asphalt paving to the same North American public infrastructure and commercial customers, and is named as a competitor in Martin Marietta's own 10-K.
Its North American arm quarries aggregates and produces cement and ready mixed concrete in several of the same US states, competing quarry-by-quarry for local construction demand.
Spun off from Holcim in June 2025, Amrize is the pure-play North American building-materials business selling cement, aggregates and ready mixed concrete into the same US and Canadian construction markets.
Knife River is an aggregates-led producer with ready mixed concrete and asphalt paving in the central and western United States, overlapping Martin Marietta's West Group territory.
Arcosa's construction products division supplies natural and recycled aggregates and specialty materials to the same Texas and Gulf-region contractors, and both companies list each other among the ten largest US aggregates producers.
Balance Sheet & Liquidity
Revenue
$6.69B
Trailing 12 months (through 6/30/2026)
Net Income
$2.46B
Trailing 12 months (through 6/30/2026)
Free Cash Flow
$978M
Total Equity
$10.03B
Total Liabilities
$8.68B
Current Ratio
1.41
Interest Coverage
6.25
Debt/EBITDA
3.06
Earnings Per Share
Revenue & Net Income
Free Cash Flow
Income Breakdown
Historical statement
Margins over time
Debt over time
How heavy the debt is
Growth grid
Growth — Revenue
Fair Value Estimation
Fair Value
$388.47
Current Price
$507.17
Margin of Safety
-30.6%
Fair Value Range
$252.50 - $524.43
Spread across the valuation methods used, not a statistically calibrated confidence interval.
Estimation Methods
Valuation Metrics
P/E Ratio
27.12
ROE
11.3%
P/B Ratio
2.64
P/FCF
37.61
Gross Margin
28.2%
ROIC
6.4%
Profitability Radar
Value Creation (Economic Moat)
ROIC
6.4%
WACC
9.2%
ROIC − WACC
-2.8 pp
ROIC is below the cost of capital — the company is destroying value for every dollar invested.
Fundamental Analysis Criteria
Passed (18)
- EPS shows upward trend
- EPS CAGR 9.24%
- Price CAGR 7.84%
- ROIC 6.4%
- P/B ratio 2.64
- Debt/equity ratio
- Operating margin 23.4%
- Positive free cash flow
- Current ratio
- Interest coverage
- Debt/EBITDA
- Return on tangible assets
- ROE 23.1%
- Revenue growth 5Y 5.4%
- PEG ratio 1.44
- Share dilution -1.6%
- Net margin trend 36.7% vs 18.9%
- Piotroski F-Score 8/9
Failed (8)
- Gross margin 28.2%
- P/FCF 37.61
- CapEx intensity
- Low reliance on intangibles
- Price below Graham Number
- DCF valuation (Overvalued)
- Earnings surprise, average 0.9%
- Earnings quality (operating cash flow / net income) 0.62
Unavailable (1)
- Dividend payout –
Piotroski F-Score
Strong financial health
Earnings Quality
Moderate: some gap between profits and cash
Share Dilution
Buying back shares. Shareholder friendly
Institutional Holdings
Governance
Executive Team
| Name | Title | Age |
|---|---|---|
| Mr. C. Howard Nye J.D. | Chairman, CEO, President, President of Aggregates Business & Chair of Magnesia Specialties Business | 62 |
| Mr. Michael J. Petro | Executive VP & CFO | 41 |
| Mr. Robert J. Cardin | Senior VP, Controller & Chief Accounting Officer | 62 |
| Mr. Jason P. Flynn | Senior VP & Chief Information Officer | 44 |
| Mr. Donald A. McCunniff | Executive VP & Chief Human Resources Officer | 68 |
| Mr. Christopher W. Samborski | Executive VP & COO | - |
| Jacklyn Rooker | Vice President of Investor Relations | - |
| Mr. George F. Schoen | Executive VP, General Counsel & Corporate Secretary | - |
| Mr. Kirk Light | President of Cement & Southwest Ready Mix | - |
Audit Risk
6
Board Risk
6
Compensation Risk
5
Shareholder Rights Risk
8
Documents
- View document
Annual Report (10-K)
A yearly overview of the business, its financial results, and the risks it faces.
Filed on 2026-02-19
- View document
Quarterly Report (10-Q)
A snapshot of financial performance for the most recent three-month period.
Filed on 2026-07-30
- View document
Current Report (8-K)
An announcement of a major event, such as a leadership change or big news.
Filed on 2026-09-16
via SEC EDGAR
Income History
via SEC EDGAR
Part 2 · The price and its context
This part shows how the price has behaved, not whether the company is worth owning. Inside: technical analysis, potential, historical drawdowns, gamma exposure.
Market Reaction Profile
How much MLM moves, measured on its daily prices.
More volatile than 34% of the tracked stocks (90-day volatility).
- Volatility 30d
- 24.0%
- Volatility 90d
- 29.9%
- Beta vs S&P 500 (1y)
- 0.83Correlation 0.37
- Max drawdown (12m)
- -33.5%
- ATR (14d, % of price)
- 2.48%
Earnings reactions
How MLM moved around its past quarterly results.
Next earnings release
Nov 4, 2026 · In 11 days · Before the open
EPS estimate: 5.71Revenue estimate: $2.3B
What usually happens
- Over the last 12 releases the stock moved a median of 2.4% the next day, up or down.
- Next-day moves: up 8, down 4 (out of 12).
Release history
| Date | When | EPS est. | EPS actual | Surprise | Gap | 1 day | 5 days |
|---|---|---|---|---|---|---|---|
| Jul 30, 2026 | Before the open | 4.79 | 5.00 | +4.3% | -1.1% | -5.2% | -2.9% |
| Apr 30, 2026 | Before the open | 1.93 | 1.93 | -0.2% | -0.7% | +1.0% | +0.4% |
| Feb 11, 2026 | Before the open | 4.69 | 4.62 | -1.5% | -4.0% | -6.6% | -6.5% |
| Nov 4, 2025 | Before the open | 6.78 | 6.85 | +1.1% | +2.0% | +1.0% | -0.4% |
| Aug 7, 2025 | Before the open | n/a | n/a | n/a | +0.7% | +0.4% | +3.7% |
| Apr 30, 2025 | Before the open | n/a | n/a | n/a | -1.7% | +3.8% | +6.0% |
| Feb 12, 2025 | Before the open | n/a | n/a | n/a | -5.2% | -2.2% | -1.5% |
| Oct 30, 2024 | Before the open | n/a | n/a | n/a | -0.2% | +3.6% | -0.2% |
| Aug 8, 2024 | Before the open | n/a | n/a | n/a | +0.4% | +0.1% | -2.4% |
| Apr 30, 2024 | Before the open | n/a | n/a | n/a | -0.4% | -2.6% | -0.5% |
| Feb 14, 2024 | Before the open | n/a | n/a | n/a | +1.6% | +2.3% | +1.7% |
| Nov 1, 2023 | Before the open | n/a | n/a | n/a | +2.0% | +7.4% | +8.7% |
Release dates from SEC 8-K filings.
Updated 10/24/2026
Historical statistics for educational purposes only. They are not forecasts and not investment advice.
Price reaction to the news
Latest news on MLM and what the price did next.
Return of the stock minus return of SPY over the same days. A news item close to a price move did not necessarily cause it. Historical data for educational purposes only, not investment advice.
Latest News
Recent headlines for MLM.