Key facts, as of
As of October 7, 2026, Martin Marietta Materials (MLM) trades at $478.87, down 23.9% over the past year. Its 52-week range runs from $470.19 to $710.97; the price is 32.6% below that high. It is 32.6% below its all-time high of $710.97, reached in February 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +188.3%, against +312.9% for the S&P 500 (SPY). It sits 18.5% below its 200-day average of $587.35, the usual sign of a long-term downtrend. Its 30-day volatility is 21.2% annualized, which we rate medium risk. It has a trailing P/E of 31.1 and a dividend yield of 0.69%.
Cite: Portfolio Terminal, "Martin Marietta Materials (MLM) stock analysis", 2026-10-07. https://portfolio-terminal.com/analyse/mlm
Where it trades today
trading 4% of the way up its 52-week range
How the price has moved
How far it is from its record
Martin Marietta Materials (MLM) is 32.6% below its all-time high of $710.97, reached in February 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +188.3%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Martin Marietta Materials should be monitored through the lens of its industry cycle, capital allocation, and relative positioning against listed peers.
- MLM trades at 31.1x earnings, well above the basic materials average of 14.0x, so the market is already pricing in above-consensus execution.
- Recent realized volatility sits near 21.2%, below the sector norm of 28.0%, which supports a steadier role inside a diversified portfolio.
- MLM remains in a bearish short-term trend and sits 32.6% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- MLM is more useful for investors comparing conviction names inside basic materials than for someone looking for a passive “set and forget” holding.
- The risk profile looks balanced enough for a diversified core-plus portfolio, provided the position size reflects sector concentration.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A reset in earnings expectations or a faster peer catch-up could compress the premium valuation currently embedded in MLM.
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- The view would need revisiting if peers such as LIN, APD, ECL start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for MLM come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Basic Materials so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as LIN, APD, ECL.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for MLM. Last refresh: Oct 7, 2026, 7:21 PM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as LIN, APD, ECL.
What Martin Marietta Materials does
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…
What analysts expect
MLM carries a buy consensus from 24 analysts, with an average price target of $641.13 versus $478.87 today (+33.9%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
MLM generated $6.69B in trailing revenue (21.0% year over year), with a 36.7% net margin, and $593.37M of free cash flow, against $6.23B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $6.15B | $1.89B | $1.46B | $1.14B | $18.81 | $978.00M |
| 2024 | $5.66B | $1.64B | $1.25B | $2.00B | $32.50 | $604.00M |
| 2023 | $5.85B | $1.75B | $1.32B | $1.17B | $18.88 | $878.00M |
| 2022 | $6.16B | $1.42B | $1.22B | $867.00M | $13.91 | $509.00M |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
MLM is in 7 of the 30 ETFs we track. It weighs most in VIG: 0.13% of the fund, holding #117 of 333.
How it sits in basic materials
Commodity-driven sector including mining, chemicals, and construction materials.
The companies it competes with
MLM beside the basic materials names it is usually measured against.
What the chart is saying
In a downtrend, below both moving averages.
downtrend- Price is 7.3% below its 50-day average and 18.5% below its 200-day.
- RSI at 38 is neither stretched nor washed out.
- The nearest ceiling is $523.68 (+9.4%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is MLM a good investment in 2026?
Martin Marietta Materials trades at a P/E ratio of 31.1, with medium volatility (21.2% annualized). Recent trend shows weakness.
What is the risk level of MLM?
Based on 30-day volatility of 21.2%, MLM has MEDIUM risk. Beta of 1.08 indicates higher sensitivity to market movements than average.
Does MLM pay dividends?
Yes, Martin Marietta Materials has a dividend yield of 0.69%.
How far is MLM from its all-time high?
Martin Marietta Materials is 32.6% below its all-time high of $710.97, reached in February 2026. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +188.3%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold MLM?
7 of the 30 popular ETFs we track hold Martin Marietta Materials. The largest weights: VIG (0.13%), VUG (0.06%), VTV (0.06%), VOO (0.05%) and SPY (0.04%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is MLM?
0.05%, as of August 31, 2026: MLM is holding #304 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.47 in Martin Marietta Materials.
What is the analyst price target for MLM?
The average analyst price target for Martin Marietta Materials (MLM) is $641.13 based on 24 analyst estimates, about 33.9% above the current price of $478.87. The published range runs from $496.00 to $800.00.
How much revenue does MLM generate?
Martin Marietta Materials reported $6.69B in trailing twelve-month revenue. Revenue growth is running at 21.0% year over year. Net margin sits at 36.7%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare MLM with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.