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MLM

MLM

Basic Materials · Building Materials

$605.05+2.74%
Mkt Cap: $36.33BDY: 0.56%

Performance

MLM (MLM) Stock Analysis 2026

Rule-based · Updated daily · Not financial advice

MLM (MLM) operates in the Building Materials space within the Basic Materials sector. With a market cap of $36.3B, it qualifies as a mid-cap company. The company is growing revenue strongly while maintaining healthy profitability — a combination that investors typically reward with a premium valuation.

Bull Case5
  • Forward P/E (26.4×) is lower than trailing P/E (37.9×) — analysts expect earnings to improve
  • Revenue growth of 17% YoY shows solid business momentum
  • Earnings grew 1221% YoY — bottom-line is expanding fast
  • Exceptional profit margin of 39.9% — the business retains a large share of each dollar earned
  • Current ratio of 2.3× — ample short-term liquidity
Bear Case2
  • P/E of 37.9× is above average — valuation requires continued strong growth to justify
  • High debt-to-equity of 50.35× increases financial risk, especially with elevated interest rates

Verdict

Strong Buy

Multiple fundamental strengths with few red flags. Long-term buyers may find this compelling.

AI Insight

Powered by Claude

AI-generated analysis for informational purposes only. Not financial advice.

Related Articles

Revenue & Results

Dividends

Current DY

0.56%

5Y Avg Annual

$2.6600

Last Payment

$0.8300

Ex-Date

06/01/2026

Annual dividends paid per share

2011
2019
2026
Ex-DatePaymentAmountEst. DY
Latest06/01/2026
06/30/2026$0.83000.55%
03/02/2026
03/31/2026$0.83000.55%
12/01/2025
12/30/2025$0.83000.55%
09/02/2025
10/01/2025$0.83000.55%
06/02/2025
07/01/2025$0.79000.52%
03/03/2025
04/01/2025$0.79000.52%
12/02/2024
12/31/2024$0.79000.52%
09/03/2024
10/02/2024$0.79000.52%

Magic Number

Shares needed to self-fund your next purchase

$605.06

Price

÷

$0.8300

Last div. (quarterly)

=

729

shares

Own 729 MLM shares ($441,085.10) and each quarterly dividend pays for 1 new share — the snowball runs on its own.

Investment target

$441,085.10

New shares / year

+4 shares

If You Had Invested…

Hypothetical return based on historical prices

$

* Dividend reinvestment calculated at ex-date price. For informational purposes only.

Earnings

EPS (TTM)

$15.96

P/E (TTM)

37.9

Fwd P/E

26.4

Earnings History

SEC EDGAR · official filings

SEC filings

SEC Filings

Official EDGAR documents

All filings

Key Statistics

Valuation

Market Cap$36.33B
P/E Ratio37.91
Forward P/E26.41
P/B Ratio
PEG Ratio2.80
EPS (TTM)$15.96

Trading

Open
Day High
Day Low
52W High$710.97
52W Low$525.38
Volume
Avg Volume (3M)509,671
Beta1.10

Dividends

Dividend Yield0.56%
Annual Rate$3.32
Ex-Div Date2026-06-01
Payout Ratio20.56%

Profitability

Profit Margin39.91%
Operating Margin12.70%
ROE9.47%
ROA4.78%
Revenue Growth17.20%
Earnings Growth1220.80%

Balance Sheet

Total Revenue$6.35B
Total Debt$5.69B
Debt / Equity50.35
Current Ratio2.28
Free Cash Flow$841.75M

Fair Value Estimates

Current price: $605.05

Graham Number

√(22.5 × EPS × Book Value)

$259.90

-57.0% downside

Benjamin Graham's intrinsic value formula. Assumes a fair stock trades at no more than 22.5× the product of EPS and book value per share.

Bazin Ceiling Price

Avg. Annual DPS (5Y) ÷ 6%

$46.67

-92.3% downside

Décio Bazin's dividend-based ceiling. The max price you should pay so that dividends alone deliver at least 6% annual yield on your cost basis.

These are simplified estimates. Not financial advice.

Buy & Hold Checklist

Quality criteria for long-term holding

8/10

80% score

Pays dividends

15Y hist.

15+ years of dividend history

Dividend consistency (5Y+)

15 yrs

Uninterrupted dividend payments for at least 5 years

ROE above 10%

9.5%

Return on equity — measures how efficiently capital is used

Positive profit margin

39.9%

Net profit margin must be positive — company earns more than it spends

Revenue growth (annual)

+17.2%

Annual revenue must be growing compared to the prior year

Earnings growth (annual)

+1220.8%

Annual earnings must be growing compared to the prior year

Debt/Equity below 2×

50.35×

Low financial leverage reduces risk of distress

Current ratio above 1

2.28×

Short-term assets must cover short-term liabilities

Daily liquidity above $5M

$308M/day

High trading volume ensures easy entry and exit

Dividend yield above 0%

0.56%

Stock must distribute income to shareholders

Related Assets

Basic Materials

About MLM

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 stabilization. Its chemical products are used in flame retardants, wastewater treatment, pulp and paper production, and other applications. The company was founded in 1939 and is based in Raleigh, North Carolina.

Sector

Basic Materials

Industry

Building Materials

Location

Raleigh, United States

Employees

9,600