Martin Marietta Materials Inc. MLM
Mining & Quarrying of Nonmetallic Minerals (No Fuels) · IPO 1994 · data as of November 13, 2026
Martin Marietta Materials Inc. (MLM) is a industrial company listed in the US with a market value of about $36.5B. In the twelve months to September 30, 2026 it had revenue of $7.2B and net income of $2.3B, a net margin of 31.9%.
Its overall Stock Analiz score is 2.4 out of 5 (weak). The strongest part is shareholder returns (5/5); the weakest is value (1/5).
Key numbers: a P/E of 38.4, a price to free cash flow of 41.7, 5-year revenue growth of 5% a year, a 5-year average ROIC of 8%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 3% above the current price.
Score: 2.4 / 5
Checks passed
- Price below intrinsic value (DCF, moderate assumptions)
- 3-year free cash flow growth above 10% a year
- 5-year EPS growth above 10% a year
- Profitable 5 years in a row
- Positive free cash flow
- Interest covered more than 5 times
- Liabilities below 60% of assets
- Pays a dividend
Checks not passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- Strong R&D investment or growth above 20%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.2B | $6.2B | $5.7B | $5.9B | $6.2B | $5.4B | $4.7B | $4.7B | $4.2B | $4.0B | $3.8B |
| Net income | $2.3B | $1.1B | $2.0B | $1.2B | $867M | $702M | $721M | $612M | $470M | $713M | $425M |
| Free cash flow | $875M | $978M | $604M | $878M | $509M | $715M | $690M | $573M | $329M | $247M | $302M |
| EPS (diluted) | $13.36 | $18.77 | $32.41 | $18.82 | $13.87 | $11.22 | $11.54 | $9.74 | $7.43 | $11.25 | $6.63 |
| Net margin | 31.9% | 18.5% | 35.2% | 20.0% | 14.1% | 13.0% | 15.2% | 12.9% | 11.1% | 18.0% | 11.1% |
| ROIC | — | 7.4% | 12.5% | 8.5% | 7.5% | 6.6% | 9.1% | 8.4% | 7.0% | 7.2% | 8.2% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 24 analysts is $627.04, 22% above the current price; targets range from $500.00 to $800.00; the consensus rating is “Buy”; expected EPS is $14.94 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Martin Marietta Materials’s P/E ratio?
About 38.4, based on the last twelve months of diluted earnings per share (forward P/E about 38.0).
Is Martin Marietta Materials stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 3% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Martin Marietta Materials pay a dividend?
Yes. The dividend yield is about 0.64%, and it has paid dividends for 10 years in our data.
Is Martin Marietta Materials a good stock to buy?
We do not give buy or sell advice. Martin Marietta Materials scores 2.4 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.