About Martin Marietta Materials, Inc.
Martin Marietta Materials, Inc. (MLM) has been publicly traded since 1994, making it a 32-year-old public company. It operates in the Building Materials industry within the Basic Materials sector. The company is headquartered in Raleigh, United States and employs approximately 9,600 people. With a market capitalization of $35 billion, MLM is a large established company.
Key Statistics
- Current Price
- $583.75
- Market Cap
- $35.21B
- 52-Week High
- $710.97
- 52-Week Low
- $441.95
- Sector
- Basic Materials
- Industry
- Building Materials
$1,000 Invested
Monthly Returns Heatmap
Annual Returns
| Year | Return | Start | End |
|---|---|---|---|
| 2026 | -6.13% | $621.90 | $583.75 |
| 2025 | +21.25% | $512.90 | $621.90 |
| 2024 | +4.08% | $492.78 | $512.90 |
| 2023 | +48.62% | $331.58 | $492.78 |
| 2022 | -22.73% | $429.13 | $331.58 |
| 2021 | +56.11% | $274.90 | $429.13 |
| 2020 | +2.57% | $268.00 | $274.90 |
| 2019 | +64.18% | $163.24 | $268.00 |
| 2018 | -21.55% | $208.07 | $163.24 |
| 2017 | +0.57% | $206.89 | $208.07 |
| 2016 | +63.67% | $126.40 | $206.89 |
| 2015 | +25.09% | $101.05 | $126.40 |
| 2014 | +11.80% | $90.38 | $101.05 |
| 2013 | +7.72% | $83.90 | $90.38 |
| 2012 | +27.58% | $65.76 | $83.90 |
| 2011 | -16.54% | $78.80 | $65.76 |
| 2010 | +5.16% | $74.93 | $78.80 |
| 2009 | -6.11% | $79.80 | $74.93 |
| 2008 | -25.70% | $107.41 | $79.80 |
| 2007 | +28.82% | $83.38 | $107.41 |
| 2006 | +36.95% | $60.88 | $83.38 |
| 2005 | +44.90% | $42.02 | $60.88 |
| 2004 | +16.13% | $36.18 | $42.02 |
| 2003 | +56.25% | $23.16 | $36.18 |
| 2002 | -33.16% | $34.65 | $23.16 |
| 2001 | +11.56% | $31.06 | $34.65 |
| 2000 | +4.54% | $29.71 | $31.06 |
| 1999 | -33.36% | $44.58 | $29.71 |
| 1998 | +72.07% | $25.91 | $44.58 |
| 1997 | +59.71% | $16.22 | $25.91 |
| 1996 | +15.00% | $14.11 | $16.22 |
| 1995 | +18.82% | $11.87 | $14.11 |
Valuation
MLM currently trades at a trailing P/E ratio of 35.7, which is considered high relative to the broader market. The forward P/E of 24.7 suggests analysts expect earnings to be lower in the coming year. The price-to-book ratio stands at 3.5. The price-to-sales ratio is 5.7.
Dividends
Martin Marietta Materials, Inc. pays a dividend to shareholders with a current yield of 0.57%. This translates to $3.32 per share annually. The payout ratio of 20% indicates sustainable dividend coverage.
Risk & Volatility
MLM has a beta of 1.15, indicating it is slightly more volatile than the overall market. The stock's 52-week range is $441.95 to $710.97, and it currently trades in the upper half of its 52-week range.
Analyst Ratings
Based on 24 analyst opinions, MLM has a consensus "buy" rating. The average price target of $702.25 suggests 20.3% upside from current levels.
Frequently Asked Questions
What does Martin Marietta Materials, Inc. do? ▼
Martin Marietta Materials, Inc. is a Building Materials company operating in the Basic Materials sector. The company is headquartered in Raleigh, United States.
What sector is MLM in? ▼
MLM operates in the Basic Materials sector, specifically in the Building Materials industry.
When did MLM go public? ▼
Martin Marietta Materials, Inc. went public in 1994, making it a 32-year-old public company as of 2026.
How much would $1,000 invested in MLM 5 years ago be worth today? ▼
A $1,000 investment in MLM five years ago would be worth approximately $1,809 today, representing a 80.9% return.
Does MLM pay dividends? ▼
Yes, Martin Marietta Materials, Inc. pays a dividend with a current yield of 0.57%, which is $3.32 per share annually.
What is MLM's market cap? ▼
Martin Marietta Materials, Inc. has a market capitalization of $35 billion, classifying it as a large-cap company.
What is MLM's P/E ratio? ▼
MLM has a trailing P/E ratio of 35.7 and a forward P/E of 24.7, which measures how much investors are paying per dollar of earnings.
Is MLM a buy, hold, or sell? ▼
Based on 24 opinions, MLM has a consensus "buy" rating. The average price target is $702.25.
Last updated: 3/14/2026