Basic Materials · Construction Materials
Price
$616.06
Market Cap
$37.0B
Employees
9,400
Beta
1.10
Avg Volume
504,550
CEO
C. Howard Nye
Business Description
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. Its product portfolio includes foundational raw materials like crushed stone, sand, and gravel, in addition to manufactured items such as ready-mix concrete, asphalt, and comprehensive paving solutions. These offerings are essential for infrastructure projects, commercial and residential developments, and various other sectors including railroads, agriculture, utilities, and environmental applications. Beyond its core construction offerings, Martin Marietta also produces magnesia-based chemicals, which are utilized in industrial, agricultural, and environmental contexts. The company further supplies dolomitic lime, primarily for steel manufacturing and soil stabilization. Its broader chemical products contribute to areas such as flame retardants, wastewater treatment, and pulp and paper production, among other environmental uses. Established in 1939, the firm's main office is situated in Raleigh, North Carolina.
Business History
Revenue & Net Income Trend
The directional story — useful even when net income is negative.
Revenue
The top line — total sales before any costs or taxes are subtracted. A measure of how much business the company is doing.
Net Income
The bottom line — profit left after subtracting all expenses, interest, and taxes from revenue. Reflects accounting profitability, but includes non-cash items like depreciation, so it isn't the same as cash earned.
Operating Cash Flow
The real cash generated by the day-to-day business — selling products, paying suppliers, collecting from customers. Calculated from net income by adding back non-cash items and adjusting for timing (unpaid bills, unsold inventory). When OCF consistently lags net income, the reported profit may not be converting to real money.
| Period | Revenue | Net Income | Net Margin | YoY/QoQ |
|---|
Key Metrics
API Direct from provider
CALC Derived from statements
P/E Ratio (Price per dollar of earnings)
CALCStock Price / EPS (Diluted)
32.68
Stock Price: $616.06
EPS (Diluted): 18.85
EPS (Diluted): 18.85
P/B Ratio (Price vs net asset value)
CALCStock Price / Book Value Per Share
3.72
Stock Price: $616.06
Total Equity: $10.03B
Shares: 60,500,000
Total Equity: $10.03B
Shares: 60,500,000
EV/EBITDA (Total value vs operating profit)
CALCEnterprise Value / EBITDA
19.61
Market Cap: $36.99B
Total Debt: $5.32B
Cash: $67.00M
EBITDA: $2.15B
Total Debt: $5.32B
Cash: $67.00M
EBITDA: $2.15B
Enterprise Value (Takeover price (cap + debt - cash))
CALCMarket Cap + Total Debt - Cash
$42.2B
Market Cap: $36.99B
Total Debt: $5.32B
Cash: $67.00M
Total Debt: $5.32B
Cash: $67.00M
Gross Margin (Revenue left after direct costs)
CALCGross Profit / Revenue
30.0%
Gross Profit: $1.96B
Revenue: $6.54B
Revenue: $6.54B
Operating Margin (Revenue left after all operations)
CALCOperating Income / Revenue
23.3%
Operating Income: $1.52B
Revenue: $6.54B
Revenue: $6.54B
Net Margin (Revenue left as actual profit)
CALCNet Income / Revenue
17.4%
Net Income: $1.14B
Revenue: $6.54B
Revenue: $6.54B
ROE (Profit from shareholder equity)
CALCNet Income / Total Equity
11.3%
Net Income: $1.14B
Total Equity: $10.03B
Total Equity: $10.03B
ROIC (Profit from all invested capital)
CALCNOPAT / Invested Capital
8.0%
Operating Income: $1.52B
Tax Rate: 19.4%
Equity: $10.03B
Total Debt: $5.32B
Cash: $67.00M
Tax Rate: 19.4%
Equity: $10.03B
Total Debt: $5.32B
Cash: $67.00M
Current Ratio (Can it pay short-term bills)
CALCCurrent Assets / Current Liabilities
3.57
Current Assets: $3.19B
Current Liabilities: $895.00M
Current Liabilities: $895.00M
Debt/Equity (Leverage — debt vs equity)
CALCTotal Debt / Total Equity
0.53
Short-Term Debt: $30.00M
Long-Term Debt: $5.29B
Total Debt: $5.32B
Total Equity: $10.03B
Long-Term Debt: $5.29B
Total Debt: $5.32B
Total Equity: $10.03B
Rev/Share (Top-line per share)
CALCRevenue / Shares Outstanding
$108.17
Revenue: $6.54B
Shares: 60,500,000
Shares: 60,500,000
Book Value/Share (Net assets per share)
CALC(Total Assets - Total Liabilities) / Shares
$165.82
Total Equity: $10.03B
Shares: 60,500,000
Shares: 60,500,000
FCF/Share (Real cash generated per share)
CALC(Operating Cash Flow + CapEx) / Shares
$16.17
Operating CF: $1.79B
CapEx: -$807.00M
Shares: 60,500,000
CapEx: -$807.00M
Shares: 60,500,000
CapEx is negative (outflow) — added to OCF to get FCF
Div Yield (Annual income from holding)
Last Annual Dividend / Stock Price
—
Last Dividend: N/A
Stock Price: $616.06
Stock Price: $616.06
Missing from API: Last Dividend
Payout Ratio (Earnings paid out as dividends)
Dividends Paid / Net Income
—
Dividends Paid: N/A
Net Income: $1.14B
Net Income: $1.14B
Dividends paid not available in cash flow statement
Industry Benchmarks
Compares MLM against LLM-researched typical ranges for its
industry. One research call per industry, cached indefinitely — every stock in the same industry
reuses the same baseline.
Deep Analysis
Pre-flight intelligence scans the company first, then routes to the right analytical methods.
0
Company Classification
— What type of company is this?
1
Industry Landscape
— Where is the industry headed?
2
Company Momentum
— Where is this company trending?
3
Forward Projection
— 1Y & 2Y projected metrics (requires Layer 1 + 2)
4a
DCF Valuation
— Present value of future cash flows
4b
Earnings Power Value
— Floor value — worth with zero growth
4c
Anchored PE
— Industry PE adjusted for growth differential
4d
Reverse DCF
— What growth is the market pricing in?
4e
Revenue-Based DCF
— For growth/narrative companies (skip if mature earner)
4f
Anchored P/S
— Price-to-Sales peer comparison (skip if mature earner)
4g
Scenario Analysis
— Bull / Base / Bear (skip if mature earner)
4h
Dividend Discount Model
— For dividend/income stocks only
4i
Book Value Analysis
— For deep value / turnaround stocks only
4j
Insider Activity
— Are insiders buying or selling?
4f
Cash Flow Quality
— How trustworthy is the FCF?
4g
Debt Maturity Risk
— Can it handle its debt?
4h
Macro Environment
— Rates, market valuation, volatility
4i
Sector Intelligence
— How does this company compare within its sector?
4j
Revenue Confidence
— How reliable is the growth projection?
4k
Sensitivity Analysis
— How fragile is the fair value estimate?
4l
Sector Demand Cycle
— Is the sector in a boom, steady state, or contraction?
5
AI Investigation
— Adaptive research engine (Claude)
5b
Thesis Evaluation
— What does the market believe? (narrative/platform stocks only)
6
Valuation Synthesis
— Weighted verdict from all methods (requires Layer 4)
Income Statement (Annual)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | $5.4B | $6.2B | $6.8B | $6.5B | $6.5B |
| Cost of Revenue | $4.1B | $4.7B | $4.8B | $4.7B | $4.6B |
| Gross Profit | $1.3B | $1.4B | $2.0B | $1.9B | $2.0B |
| Operating Expenses | $374.6M | $216.0M | $427.0M | -$829.0M | $440.0M |
| Operating Income | $973.8M | $1.2B | $1.6B | $2.7B | $1.5B |
| Net Income | $702.5M | $867.0M | $1.2B | $2.0B | $1.1B |
| EBITDA | $1.4B | $1.8B | $2.2B | $3.3B | $2.2B |
| EPS | $11.26 | $13.91 | $18.88 | $32.50 | $18.85 |
| EPS (Diluted) | — | — | — | — | — |
Balance Sheet (Annual)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Cash & Equivalents | $258.4M | $358.0M | $1.3B | $670.0M | $67.0M |
| Total Current Assets | $2.0B | $2.9B | $3.9B | $2.5B | $3.2B |
| Total Assets | $14.4B | $15.0B | $15.1B | $18.2B | $18.7B |
| Current Liabilities | $752.6M | $1.4B | $1.2B | $1.0B | $895.0M |
| Long-Term Debt | $5.1B | $4.3B | $3.9B | $5.3B | $5.3B |
| Total Liabilities | $7.9B | $7.8B | $7.1B | $8.7B | $8.7B |
| Total Equity | $6.5B | $7.2B | $8.0B | $9.5B | $10.0B |
| Retained Earnings | $3.2B | $3.7B | $4.6B | $5.9B | $6.4B |
Cash Flow (Annual)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Operating Cash Flow | $1.1B | $991.0M | $1.5B | $1.5B | $1.8B |
| Capital Expenditure | -$423.1M | -$482.0M | -$650.0M | -$855.0M | -$807.0M |
| Free Cash Flow | $714.6M | $509.0M | $878.0M | $604.0M | $978.0M |
| Acquisitions (net) | -$3.1B | $698.0M | $400.0M | -$1.6B | -$685.0M |
| Debt Repayment | — | — | — | — | — |
| Dividends Paid | — | — | — | — | — |
| Stock Buybacks | $0 | -$150.0M | -$150.0M | -$450.0M | -$450.0M |
| Net Change in Cash | -$45.5M | $100.0M | $923.0M | -$612.0M | -$603.0M |
Growth Trends (YoY %)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Metric | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Revenue Growth | +13.8% | +10.0% | -3.6% | +0.1% |
| Gross Profit Growth | +5.5% | +42.2% | -7.2% | +4.5% |
| Operating Income Growth | +23.9% | +32.2% | +69.6% | -43.8% |
| Net Income Growth | +23.4% | +34.8% | +70.7% | -43.0% |
| EBITDA Growth | +21.8% | +22.9% | +53.8% | -35.5% |
Dividend History (Last 20)
Last updated: Jun 21, 2026 6:54pm (5d ago)| Date | Dividend | Declaration | Record | Payment |
|---|---|---|---|---|
| 2026-06-01 | $0.83 | 2026-05-14 | 2026-06-01 | 2026-06-30 |
| 2026-03-02 | $0.83 | 2026-02-19 | 2026-03-02 | 2026-03-31 |
| 2025-12-01 | $0.83 | 2025-11-13 | 2025-12-01 | 2025-12-31 |
| 2025-09-02 | $0.83 | 2025-08-14 | 2025-09-02 | 2025-09-30 |
| 2025-06-02 | $0.79 | 2025-05-15 | 2025-06-02 | 2025-06-30 |
| 2025-03-03 | $0.79 | 2025-02-20 | 2025-03-03 | 2025-03-31 |
| 2024-12-02 | $0.79 | 2024-11-07 | 2024-12-02 | 2024-12-31 |
| 2024-09-03 | $0.79 | 2024-08-15 | 2024-09-03 | 2024-09-30 |
| 2024-06-03 | $0.74 | 2024-05-16 | 2024-06-03 | 2024-06-28 |
| 2024-03-01 | $0.74 | 2024-02-22 | 2024-03-04 | 2024-03-28 |
| 2023-11-30 | $0.74 | 2023-11-10 | 2023-12-01 | 2023-12-29 |
| 2023-08-31 | $0.74 | 2023-08-10 | 2023-09-01 | 2023-09-29 |
| 2023-05-31 | $0.66 | 2023-05-11 | 2023-06-01 | 2023-06-30 |
| 2023-03-03 | $0.66 | 2023-02-23 | 2023-03-06 | 2023-03-31 |
| 2022-11-30 | $0.66 | 2022-11-10 | 2022-12-01 | 2022-12-30 |
| 2022-08-31 | $0.66 | 2022-08-10 | 2022-09-01 | 2022-09-30 |
| 2022-05-31 | $0.61 | 2022-05-12 | 2022-06-01 | 2022-06-30 |
| 2022-02-28 | $0.61 | 2022-02-17 | 2022-03-01 | 2022-03-31 |
| 2021-11-30 | $0.61 | 2021-11-11 | 2021-12-01 | 2021-12-31 |
| 2021-08-31 | $0.61 | 2021-08-12 | 2021-09-01 | 2021-09-30 |
Narrative Economics
The story the market is telling about this stock — the intangible X-factor
(founder mythology, cult dynamics, TAM-of-imagination) that moves price beyond
what cash flows alone explain. After Shiller, Narrative Economics.
No narrative profile yet for MLM — it's generated by the pipeline (
market-narrative step).
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Data via Financial Modeling Prep · Cached for performance · fmp
v1.1.352 · d1100787 · 2026-06-26 11:39:30