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 $29B. The stock trades at 11.85x trailing earnings and yields 0.69%.
- Sector
- Basic Materials
- Industry
- Mining & Quarrying of Nonmetallic Minerals (No Fuels)
- Market cap
- $29B
- P/E ratio
- 11.85
- EPS (TTM)
- $18.77
- Revenue (TTM)
- $6.2B
- Free cash flow
- $978M
- Profit margin
- 18.5%
- Dividend yield
- 0.69%
- Shares outstanding
- 60.1M
Financial health: Fair6/10
4 strengths, 2 concerns. Weakest points: net debt vs cash flow, earnings growth.
- 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: 11.3% (Watch, benchmark > 15%) — Earns 11.3% on shareholder equity, short of the > 15% mark.
- Gross margin: 30.7% (Watch, benchmark > 40%) — Keeps 30.7% of revenue after the direct cost of sales, short of the > 40% mark.
- Net margin: 18.5% (Strong, benchmark > 10%) — Turns 18.5% 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: 8.6% (Watch, benchmark > 10%) — Revenue changed 8.6% year on year, short of the > 10% mark.
- Earnings growth: -43.0% (Concern, benchmark > 10%) — Earnings changed -43.0% year on year, well short of the > 10% mark.
- Payout ratio: 17.3% (Strong, benchmark < 60%) — Pays out 17.3% of earnings as dividends, leaving room to keep paying.