Martin Marietta Materials (MLM) Stock Price, Fundamentals & Analysis

What MLM does

Martin Marietta Materials (MLM) is a natural resource-based building materials company that 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, offering crushed stone, sand, and gravel products; ready mixed concrete and asphalt; and paving products and services for infrastructure, nonresidential, and residential construction projects, as well as for the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products and dolomitic lime primarily for steel production and soil stabilization, with chemical products used in flame retardants, wastewater treatment, pulp and paper production, and other applications. Founded in 1939 and headquartered in Raleigh, North Carolina, Martin Marietta Materials (MLM) is part of the S&P 500 and operates in the same sector as peers such as Dow Inc. (DOW), International Paper (IP), Corteva (CTVA), Ecolab (ECL), Avery Dennison (AVY), Sherwin-Williams (SHW), and Newmont (NEM).

Key numbers explained

• 490.45 USD is the current share price, reflecting what investors pay for one share in the market today.
• The trailing P/E ratio of 31.9 compares the share price to the last 12 months of earnings per share (15.38 USD); a higher P/E often means investors expect future growth.
• The forward P/E ratio of 23 uses expected future earnings, which can look lower if earnings are forecast to grow.
• The dividend yield of 0.67% shows the annual dividend as a percentage of the share price, with the ex-dividend date set for 1 Sept. 2026 and 22% of earnings paid out as dividends.
• Beta of 1.1 indicates the stock tends to move about 10% more than the overall market, up or down.
• The 52-week range of 488.74 – 710.97 USD shows the lowest and highest traded prices in the past year, with the current price near the low end.
• 34.83 mld. USD is the market capitalization, the total value of all outstanding shares, while 6.69 mld. USD in trailing 12-month revenue and 21% year-over-year revenue growth show the scale and pace of top-line expansion.

Recent news

Recent headlines show analysts revising price targets and debating the stock’s outlook after Q2 earnings. Jefferies cut its price target to $670 from $720 while maintaining a Buy rating, and Wells Fargo adjusted its target to $585 from $609 while keeping an Overweight rating. Other articles discuss whether the stock is a Buy, Sell, or Hold post-earnings, note a roughly 20% slide from recent highs, and compare Q2 results with the rest of the building materials sector.

What to watch

Investors typically watch the building materials sector for sensitivity to interest rates, housing starts, and infrastructure spending, which can affect demand for aggregates and concrete. Currency movements and input costs for energy and raw materials also matter for companies like Martin Marietta Materials (MLM), which competes with peers such as Dow Inc. (DOW), International Paper (IP), Corteva (CTVA), Ecolab (ECL), Avery Dennison (AVY), Sherwin-Williams (SHW), and Newmont (NEM). The next earnings release, scheduled for 3 Nov. 2026, will be a key date for updated guidance and margin trends.