US · USD

MLM

Martin Marietta Materials Inc

$482.27+0.65% ($3.10)Updated 10/2/26, 5:12 PM

Day's range: $480.47 – $487.98
Day's volume: $350.8M
52-week range: $479.09 – $705.09

Follow MLM in the Fuolio

See how MLM weighs in your net worth, what it has paid you and how far it is from your target allocation.

Create a free account

MLM in numbers

Market cap: $29B

P/E: 11.79

P/B: 2.51

Dividend yield (12m): 0.69%

Net debt/EBITDA: 2.82

The 12-month dividend yield of MLM is 0.69%, above its 5-year average of 0.59%.

MLM price history

10/03/202510/02/2026

Compare with

MLM risk and return

Monthly closes adjusted for splits and distributions.

Metric	12 months	36 months	60 months
Return	-22.18%	+5.42%	+23.06%
Volatility (annualized)	19.76%	23.25%	25.53%
Largest drawdown	-28.87%	-28.87%	-31.84%
Positive months	5/12	21/36	33/60

How much did investing in MLM return?

Amount invested

$1,000.00 invested on 11/01/2021 would be worth $1,230.65 today.

Value today in MLM: $1,230.65

Return over the period: +23.06%

Return per year: +4.31%

In the S&P 500: $1,690.98

With dividends reinvested, before taxes and costs, at month-end closes. Past returns do not guarantee future ones.

MLM fundamentals

Valuation

P/E
11.79
P/B
2.51
EV/EBITDA
16.84
EV/EBIT
25.22
EV/Revenue
5.20
P/EBIT
20.99
P/S
4.33
P/OCF
19.07
P/FCF
35.76
Earnings yield
3.96%
PEG ratio
—
Earnings per share
$40.91
Book value per share
$192.22

Debt

Net debt
$5.8B
Net debt/EBITDA
2.82
Net debt/Equity
0.51
Debt/Equity
0.52
Current ratio
1.41
Quick ratio
0.73
Cash ratio
0.06

Efficiency

Gross margin
28.17%
EBITDA margin
30.90%
Operating margin
20.63%
Net margin
36.73%
Asset turnover
0.31

Profitability

ROE
21.28%
ROA
11.53%
ROIC
6.32%
Payout
8.14%

Growth

Revenue CAGR (5 years)
6.59%
Earnings CAGR (5 years)
26.17%
Revenue growth (year)
—
Earnings growth (year)
—
Revenue growth (quarter)
—
Earnings growth (quarter)
—

What is MLM's fair price?

Two classic value formulas, with today's numbers. The current price is $482.27.

Graham's fair price: $420.61; 12.78% below the price

√(22.50 × $40.91 × $192.22)

Benjamin Graham paid no more than a P/E of 15 and a P/B of 1.5. Their product, 22.5, times earnings (EPS) and book value per share gives the fair price.

Bazin's ceiling price: $46.67; 90.32% below the price

$2.80 (5-year average) ÷ 6%

Décio Bazin only bought stocks yielding at least 6% a year in distributions. The ceiling price is the average dividend per share of recent years over 6%.

Graham ignores growth and debt; Bazin assumes past distributions repeat. They are references to compare, not a buy recommendation.

MLM's indicators by year

Multiples at each year's closing price; margins and returns from that year's statements.

Indicator	2025	2024	2023	2022	2021	2020	2019	2018
P/E	33.01	15.78	26.38	24.22	39.11	24.53	28.43	22.83
P/B	3.74	3.33	3.84	2.93	4.21	3.00	3.25	2.17
EV/EBITDA	20.64	11.87	18.37	14.99	22.68	14.37	16.03	13.34
Dividend yield	0.52%	0.59%	0.56%	0.75%	0.54%	0.79%	0.74%	1.07%
Earnings per share	$18.86	$32.73	$18.92	$13.96	$11.26	$11.58	$9.84	$7.53
Book value per share	$166.33	$155.03	$129.95	$115.46	$104.74	$94.57	$86.03	$79.23
ROE	11.34%	21.11%	14.56%	12.09%	10.75%	12.24%	11.44%	9.50%
ROIC	7.59%	13.40%	9.71%	7.99%	7.03%	9.81%	8.93%	7.03%
Gross margin	30.72%	28.89%	29.82%	23.10%	24.91%	26.49%	24.88%	22.77%
EBITDA margin	33.72%	53.90%	31.55%	27.80%	26.33%	29.58%	26.51%	24.38%
Net margin	18.50%	35.25%	19.99%	14.07%	12.98%	15.24%	12.91%	11.07%
Net debt/EBITDA	2.53	1.55	1.67	2.73	3.40	1.73	2.19	2.97

MLM's financial statements

Line	2025	2024	2023	2022	2021	2020
Net revenue	$6.2B	$5.7B	$5.9B	$6.2B	$5.4B	$4.7B
Cost of revenue	-$4.3B	-$4B	-$4.1B	-$4.7B	-$4.1B	-$3.5B
Gross profit	$1.9B	$1.6B	$1.7B	$1.4B	$1.3B	$1.3B
EBITDA	$2.1B	$3.1B	$1.8B	$1.7B	$1.4B	$1.4B
EBIT	$1.4B	$2.5B	$1.3B	$1.2B	$973.8M	$1B
Financial result	—	—	—	—	—	—
Income before tax	$1.2B	$2.4B	$1.2B	$1.1B	$855.5M	$889.3M
Income tax	-$236M	-$550M	-$234M	-$235M	-$153.2M	-$168.2M
Net income	$1.1B	$2B	$1.2B	$866.7M	$702.8M	$721M

Figures the company filed with the CVM. Debt excludes leases; each quarter is that quarter alone.

Does MLM pay dividends?

Dividend yield per year

0.78%2017
1.07%2018
0.74%2019
0.79%2020
0.54%2021
0.75%2022
0.56%2023
0.59%2024
0.52%2025
0.52%2026

Payment history
Type	Last day to own	Payment	Per share
Dividend	08/31/2026	09/30/2026	$0.84
Dividend	05/29/2026	06/30/2026	$0.83
Dividend	02/27/2026	03/31/2026	$0.83
Dividend	11/28/2025	12/31/2025	$0.83
Dividend	09/01/2025	09/30/2025	$0.83
Dividend	05/30/2025	06/30/2025	$0.79
Dividend	02/28/2025	03/31/2025	$0.79
Dividend	11/29/2024	12/31/2024	$0.79
Dividend	09/02/2024	09/30/2024	$0.79
Dividend	05/31/2024	06/28/2024	$0.74
Dividend	02/29/2024	03/28/2024	$0.74
Dividend	11/29/2023	12/29/2023	$0.74

See all 40 distributions

Earlier distributions
Type	Last day to own	Payment	Per share
Dividend	08/30/2023	09/29/2023	$0.74
Dividend	05/30/2023	06/30/2023	$0.66
Dividend	03/02/2023	03/31/2023	$0.66
Dividend	11/29/2022	12/30/2022	$0.66
Dividend	08/30/2022	09/30/2022	$0.66
Dividend	05/30/2022	06/30/2022	$0.61
Dividend	02/25/2022	03/31/2022	$0.61
Dividend	11/29/2021	12/31/2021	$0.61
Dividend	08/30/2021	09/30/2021	$0.61
Dividend	05/27/2021	06/30/2021	$0.57
Dividend	02/25/2021	03/31/2021	$0.57
Dividend	11/27/2020	12/31/2020	$0.57
Dividend	08/28/2020	09/30/2020	$0.57
Dividend	05/28/2020	06/30/2020	$0.55
Dividend	02/27/2020	03/31/2020	$0.55
Dividend	11/28/2019	12/31/2019	$0.55
Dividend	08/29/2019	09/30/2019	$0.55
Dividend	05/30/2019	06/28/2019	$0.48
Dividend	02/28/2019	03/29/2019	$0.48
Dividend	11/29/2018	12/31/2018	$0.48
Dividend	08/30/2018	09/28/2018	$0.48
Dividend	05/30/2018	06/29/2018	$0.44
Dividend	03/01/2018	03/29/2018	$0.44
Dividend	11/29/2017	12/29/2017	$0.44
Dividend	08/30/2017	09/29/2017	$0.44
Dividend	05/29/2017	06/30/2017	$0.42
Dividend	03/01/2017	03/31/2017	$0.42
Dividend	11/28/2016	12/30/2016	$0.42

About Martin Marietta Materials

Sector: Mining

Questions about MLM

How much is MLM today?

MLM is at $482.27 (0.65% on the day), last traded on 10/02/2026.

How much did MLM pay in dividends in 2025?

MLM paid $3.24 per share in 2025, a dividend yield of 0.52%.

What are the P/E and P/B of MLM?

MLM trades at a P/E of 11.79 and a P/B of 2.51.

How much did MLM return in 12 months?

MLM returned -22.18% in 12 months, with annualized volatility of 19.76% and a largest drawdown of -28.87%.