Martin Marietta (MLM)
Materials · NYSE · US
Price as at 13 Aug 2026, 15:19 UTC. Quotes are delayed.
Fundamentals
Valuation and ratings
Martin Marietta trades at $548.02, close to the $614.08 our fair value estimate puts on the business. On this measure the market and the model broadly agree, so the interesting question is which of them is wrong.
Our moat model scores it 66 out of 100, which is a moat, but not a deep one. A moat is a structural reason competitors cannot take the profits away, and it matters more to a long holding period than any single quarter's numbers do.
It changes hands at 36.2 times earnings. Be careful reading that in isolation: for a cyclical business a low P/E arrives at the top of the cycle, when profits are peaking and about to fall, which is exactly when the shares look cheapest and are not.
MLM dividend history
Dividends per share by year
| Year | Total per share | Payments |
|---|---|---|
| 2026 (year to date) | $2.50 | 3 |
| 2025 | $3.24 | 4 |
| 2024 | $3.06 | 4 |
| 2023 | $2.80 | 4 |
| 2022 | $2.54 | 4 |
| 2021 | $2.36 | 4 |
| 2020 | $2.24 | 4 |
| 2019 | $2.06 | 4 |
| 2018 | $1.84 | 4 |
| 2017 | $1.72 | 4 |
| 2016 | $1.64 | 4 |
Split-adjusted amounts in the listing currency, grouped by the calendar year of the ex-dividend date, from the filed record. Growth and streak figures compare complete years only.
MLM earnings and analyst estimates
Recommendation mix, 23 published ratings
Estimates are the published analyst consensus and move often. An earnings date is scheduled, not certain, and a share tends to reprice most violently on the day itself.
About Martin Marietta
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.
Company profile, industry and headcount are as reported by our data provider and can lag a company's own filings by a reporting period. The annual report is the authority.
MLM passes 1 of our 30 screens today
Each screen prints the exact criteria it used, and the circumstances in which it is wrong.
Super investor ownership
19 of the funds we track reported a position in their latest SEC 13F filing. Largest first:
- Chris Hohn, TCI Fund Management Ltd$758.42M · 1.4% of book
- Select Equity Group, Select Equity Group, L.P.$583.19M · 2.9% of book
- Baillie Gifford, BAILLIE GIFFORD & CO$571.96M · 0.5% of book
- Thomas Russo, GARDNER RUSSO & QUINN LLC$406.78M · 4.6% of book
- Diamond Hill, Diamond Hill Capital Management, LLC (Investment Advisor)$123.36M · 1.0% of book
A word of warning on reading these figures: a 13F reports the market value of a holding, so a fund that traded nothing at all still appears to have sold when the price fell. We found 102 companies where the standard reading gives the opposite answer. Only the share count is honest.
Common questions
Is Martin Marietta (MLM) undervalued?
Against our fair value estimate of $614.08, MLM at $548.02 is 12% below fair value. That is one model's answer, not a recommendation. It is built from normalized earning power with growth capped deliberately low, which understates companies whose value is mostly future growth.
Which funds own MLM?
19 of the institutions we track reported a position in MLM in their most recent SEC 13F filing. A 13F is filed up to 45 days after quarter end, so it tells you what a fund held then, not what it holds now.
What is MLM's P/E ratio?
MLM trades at 36.2 times earnings. A low P/E is not automatically cheap: on a cyclical company it is usually a warning that earnings are at a peak.
Does Martin Marietta (MLM) pay a dividend?
Yes. Martin Marietta yields 0.57% at the current share price. It has paid $3.33 per share over the trailing twelve months. It has paid a dividend in each of the last 32 complete calendar years. A dividend is declared by the board and can be cut at any time; a yield is a fact about the current price, not a promise.
Where does SteadyShares get its MLM data?
Fundamentals for MLM come from company filings and exchange data, as listed on NYSE; institutional ownership comes from SEC 13F filings. The share price shown was last refreshed on 13 Aug 2026, 15:19 UTC and is delayed. Metrics we do not hold are left out of the page rather than estimated.
The full research page for MLM, with financial statements, ownership detail, peer comparison and alerts, is free inside the app.
Data from company filings, exchange quotes and SEC EDGAR 13F disclosures. Quotes are delayed. Metrics we do not have are left out rather than estimated. Educational information, not financial advice.