About Martin Marietta Materials, Inc.
Martin Marietta Materials, Inc. (MLM) is a Basic Materials company in the Mining & Quarrying of Nonmetallic Minerals (No Fuels) industry with a market capitalisation of $36.5B. The stock trades at 38.33x trailing earnings and yields 0.65%.
- Sector
- Basic Materials
- Industry
- Mining & Quarrying of Nonmetallic Minerals (No Fuels)
- Market cap
- $36.5B
- P/E ratio
- 38.33
- Forward P/E
- 28.77
- EPS (TTM)
- $13.40
- Revenue (TTM)
- $7.2B
- Free cash flow
- $1.7B
- Profit margin
- 31.9%
- Dividend yield
- 0.65%
- Beta
- 1.03
- Shares outstanding
- 71.1M
Financial health: Fair5.5/10
5 strengths, 4 concerns. Weakest points: net debt vs cash flow, return on equity, earnings growth and 1 more.
- Debt to equity: 0.53 (Watch, benchmark < 0.5) — Debt of 0.53x equity is moderate against the 0.5x benchmark. It has improved over the last 4 years.
- Net debt vs cash flow: 5.4y (Concern, benchmark < 4 years) — Net debt of $5.3B is 5.4x annual free cash flow — about 5 years of cash flow to repay.
- Current ratio: 3.57 (Strong, benchmark > 1.5) — Short-term assets cover 3.57x short-term liabilities, against Graham's 1.5x floor. It has improved over the last 4 years.
- Return on equity: 6.0% (Concern, benchmark > 15%) — Earns 6.0% on shareholder equity, well short of the > 15% mark.
- Gross margin: 26.7% (Watch, benchmark > 40%) — Keeps 26.7% of revenue after the direct cost of sales, short of the > 40% mark.
- Net margin: 31.9% (Strong, benchmark > 10%) — Turns 31.9% of revenue into profit, comfortably past the > 10% mark.
- Free cash flow: $978.0M (Strong, benchmark positive) — Generated $978.0M of free cash flow after capital spending. It has improved over the last 4 years.
- Revenue growth: 28.3% (Strong, benchmark > 10%) — Revenue changed 28.3% year on year, comfortably past the > 10% mark.
- Earnings growth: -42.5% (Concern, benchmark > 10%) — Earnings changed -42.5% year on year, well short of the > 10% mark.
- PEG ratio: 2.72 (Concern, benchmark < 1) — At 2.72, the price looks expensive relative to expected growth — Lynch treated 1.0 as fair value.
- Payout ratio: 24.8% (Strong, benchmark < 60%) — Pays out 24.9% of earnings as dividends, leaving room to keep paying.