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 offers crushed stone, sand, and gravel products; ready mixed concrete and asphalt; paving products and services; and Portland and specialty cement for use in the infrastructure projects, and nonresidential and residential construction markets, as well as in the railroad, agricultural, utility, and environmental industries. The company also produces magnesia-based chemicals products, 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 environmental applications. The company was founded in 1939 and is headquartered in Raleigh, North Carolina.
Analyst Perspectives | Discover varied analyst price targets for Martin Marietta, ranging from $595 to $645, reflecting diverse views on the company's future prospects |
Industry Outlook | Learn about the projected peak in construction activity by 2025 and its potential impact on Martin Marietta's growth strategies and market positioning |
Financial Headwinds | Delve into the company's recent financial performance, marked by rising costs and volume declines, offset by strong pricing power in key markets |
Market Leadership | Explore Martin Marietta's strategic acquisitions in Florida and California, bolstering its position as a top aggregates supplier and expanding production capacity |
Metrics to compare | MLM | Sector Sector - Average of metrics from a broad group of related Basic Materials sector companies | Relationship RelationshipMLMPeersSector | |
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P/E Ratio | 30.6x | 18.9x | 1.1x | |
PEG Ratio | −0.63 | 0.78 | 0.00 | |
Price / Book | 3.6x | 1.5x | 1.6x | |
Price / LTM Sales | 4.9x | 1.6x | 1.2x | |
Upside (Analyst Target) | 12.3% | 0.0% | 29.4% | |
Fair Value Upside | Unlock | 7.1% | 4.3% | Unlock |