Martin Marietta Materials (MLM) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

Martin Marietta Materials

NYSE•Basic Materials•Building Materials

$494.44-2.32(<0.01%)Pre-market

Market Cap

$29.72B

P/E

12.1x

P/S

4.7x

P/B

2.6x

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.

How this company scores

GoodMetricSide Score: 69/100

Strongest: Profitability (25/25); weakest: Cash & Earnings Quality (12/25).

Profitability25/25

Growth14/25

Balance Sheet & Red Flags18/25

Cash & Earnings Quality12/25

Strengths

Strong marginsHigh ROERising earningsLow leverage

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 12.1x5y range 12.1x – 39.0x

Currently below its 20-quarter median.

P/S · 4.7x5y range 3.2x – 6.2x

Currently near its 20-quarter median.

P/B · 2.6x5y range 2.6x – 4.2x

Currently below its 20-quarter median.

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

Some Concerns

Margin Pressure

Watch

Operating margins declined 7.8% — watch for continued compression, which may signal competitive or cost pressure.

Earnings Quality

Watch

FCF/Net Income has dropped below 0.7x in 4 quarters — monitor for earnings quality deterioration.

Cash Burn

Watch

FCF turned negative in 2 of the last 8 quarters — occasional cash consumption.

Price & Volume

Market Cap $29.72B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $6.29B
Q. Revenue: $1.95B
TTM EBITDA: $2.33B
TTM Op. Income: $1.32B
Q. Op. Income: $372.00M
TTM Net Income: $2.46B
Q. Net Income: $251.00M
EPS: $4.18
Shares Out.: $60.10M

$6.29B in TTM revenue declined 5.8% YoY, reaching $1.95B last quarter. TTM EBITDA of $2.33B and TTM operating income of $1.32B show growth is flowing through to the bottom line. TTM net income of $2.46B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 2 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

Gross Margin: 25.4%
EBITDA Margin: 29.6%
Op. Margin: 19.1%
Net Margin: 12.9%

Op. margin of 19.1% is down 6.2% YoY — costs are rising relative to revenue. Net margin at 12.9% and gross margin of 25.4% show how much of each revenue dollar survives to profit. Over the past year, operating margin is down 24% — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 12.1x
P/S Ratio: 4.7x
P/B Ratio: 2.6x

At 12.1x P/E, the stock trades below typical market levels. P/S of 4.7x and P/B of 2.6x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has fallen for 2 consecutive quarters — an improving trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $21.30B
Cash: $112.00M
Long-Term Debt: $5.09B
Book Value: $11.55B
D/E Ratio: 0.4
Debt/EBITDA: 8.8

With $21.30B in assets and $5.09B in long-term debt, D/E is 0.4and book value is $11.55B — a conservative capital structure with a cushion to weather downturns. Across the last 8 quarters, debt/equity has fallen for 5 consecutive quarters — an improving trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $112.00M
TTM Free Cash Flow: $810.00M
FCF Margin: 12.9%
FCF / Net Income: 0.3

TTM FCF of $810.00M on $112.00M in operating cash flow. The FCF / Net Income ratio of 0.3x means cash covers only part of net income — earnings quality needs attention. Over the past year, free cash flow is down 16% — a weakening trend.