Martin Marietta Materials, Inc. (MLM) Valuation — DCF, Graham & Comparables

Martin Marietta Materials, Inc. (MLM) — Price $540.41 (closing price, October 30, 2026) — Basic Materials — Construction Materials — NYSE

Latest reported results:

Valuation dashboard for Martin Marietta Materials, Inc. (MLM) with P/E 13.28, P/B 2.81, EV/EBITDA 18.38 and dividend yield 0.62%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Basic Materials companies.

Martin Marietta Materials, Inc. functions as a company specializing in natural resource-derived building materials. This enterprise delivers a wide range of aggregates and other heavy construction components to the building industry, serving both domestic and international markets.

Analysis Summary

Martin Marietta Materials, Inc. reported revenue of $6.54B in the most recent fiscal year, growing at a 5-year CAGR of 6.7%. Net income reached $1.14B, with a 9.5% 5-year CAGR.

Trailing-twelve-month margins: gross margin 28.2%, operating margin 21.1%, net margin 36.8%.

At $540.41 (closing price, October 30, 2026), MLM trades at a P/E of 13.28 and an ROE of 23.11%. Market capitalisation stands at $32.5B, placing it among large-cap names.

Balance sheet quality for MLM: current ratio of 3.6. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.

Long-term track record: over the past decade, MLM has compounded revenue at 6.3% annually and net income at 14.7%. This decade-long view smooths out cyclical fluctuations and reveals the underlying business momentum more reliably than single-year snapshots.

Valuation Ratios

P/E Ratio13.28
Price / Book2.81
EV / EBITDA18.38
Dividend Yield0.62%

Valuation Models

DCF Fair Value$441.00
vs Current Price-18.4%

Peer Comparison

SymbolCompanyMarket CapP/EP/BROE
MLMMartin Marietta Materials, Inc.$32.5B13.282.8123.1%
USLMUnited States Lime & Minerals, Inc.$3.2B24.054.3619.6%
CRHCRH plc$60.4B16.022.4214.9%
VMCVulcan Materials Company$36.1B33.284.3213.0%
AMRZAmrize AG$22.6B18.722.268.9%
CXCEMEX, S.A.B. de C.V.$15.5B25.431.395.0%
EXPEagle Materials Inc.$5.6B14.523.8226.9%

Price

Price$540.41 (closing price, October 30, 2026)
Market Cap$32.5B
ExchangeNYSE
CountryUS

Profitability

Return on Equity23.11%
Return on Invested Capital5.51%
Return on Assets11.56%
Gross Margin28.23%
Operating Margin21.09%
Net Margin36.81%

Related companies: USLM · CRH · VMC · AMRZ · CX · EXP

Explore sector: Basic Materials · Construction Materials

More sections of MLM: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events

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