Martin Marietta Materials (DB:MMX) - Stock Price, News & Analysis

MMX Stock Overview

MMX fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	2/6
Past Performance	5/6
Financial Health	5/6
Dividends	0/6

Rewards

Trading at 6.4% below our estimate of its fair value

Earnings are forecast to grow 7.65% per year

Earnings grew by 40.1% over the past year

Risk Analysis

Significant insider selling over the past 3 months

Martin Marietta Materials, Inc. Competitors

Heidelberg Materials

XTRA:HEI

€17.0b

Sto SE KGaA

XTRA:STO3

€948.5m

Symrise

XTRA:SY1

€14.6b

UltraTech Cement

NSEI:ULTRACEMCO

₹2.8t

Price History & Performance

Summary of all time highs, changes and price drops for Martin Marietta Materials
Historical stock prices
Current Share Price	US$557.20
52 Week High	US$570.80
52 Week Low	US$310.80
Beta	0.95
1 Month Change	-0.39%
3 Month Change	22.92%
1 Year Change	74.34%
3 Year Change	88.75%
5 Year Change	191.09%
Change since IPO	657.37%

Recent updates

Shareholder Returns

	MMX	DE Basic Materials	DE Market
7D	-0.4%	0.3%	1.7%
1Y	74.3%	29.7%	2.3%

Return vs Industry: MMX exceeded the German Basic Materials industry which returned 28.3% over the past year.

Return vs Market: MMX exceeded the German Market which returned 2.2% over the past year.

Price Volatility

Is MMX's price volatile compared to industry and market?
MMX volatility
MMX Average Weekly Movement	2.8%
Basic Materials Industry Average Movement	3.8%
Market Average Movement	4.8%
10% most volatile stocks in DE Market	10.1%
10% least volatile stocks in DE Market	2.4%

Stable Share Price: MMX has not had significant price volatility in the past 3 months.

Volatility Over Time: MMX's weekly volatility (3%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1939	9,400	Ward Nye	www.martinmarietta.com

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; and cement treated materials.

Martin Marietta Materials, Inc. Fundamentals Summary

How do Martin Marietta Materials's earnings and revenue compare to its market cap?
MMX fundamental statistics
Market cap	€34.28b
Earnings (TTM)	€1.12b
Revenue (TTM)	€6.33b

30.4x

P/E Ratio

5.4x

P/S Ratio

Is MMX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MMX income statement (TTM)
Revenue	US$6.78b
Cost of Revenue	US$4.75b
Gross Profit	US$2.02b
Other Expenses	US$822.80m
Earnings	US$1.20b

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Apr 30, 2024

Earnings per share (EPS)	19.44
Gross Margin	29.84%
Net Profit Margin	17.70%
Debt/Equity Ratio	54.1%

How did MMX perform over the long term?

See historical performance and comparison

Dividends

0.5%

Current Dividend Yield

14%

Payout Ratio

MMX Stock Overview

Rewards

Risk Analysis

Martin Marietta Materials, Inc. Competitors

XTRA:HEI

€17.0b

XTRA:STO3

€948.5m

XTRA:SY1

€14.6b

NSEI:ULTRACEMCO

₹2.8t

Price History & Performance

Recent News & Updates

Martin Marietta Materials, Inc., Annual General Meeting, May 16, 2024

Martin Marietta Materials, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Executive VP recently sold €5.5m worth of stock

Chairman recently sold €11m worth of stock

Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022)

Fourth quarter dividend of US$0.74 announced

Recent updates

Martin Marietta Materials, Inc., Annual General Meeting, May 16, 2024

Martin Marietta Materials, Inc. to Report Q1, 2024 Results on Apr 30, 2024

Executive VP recently sold €5.5m worth of stock

Chairman recently sold €11m worth of stock

Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022)

Fourth quarter dividend of US$0.74 announced

Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on March 28, 2024

Now 20% undervalued

Full year 2023 earnings released: EPS: US$19.38 (vs US$13.75 in FY 2022)

Martin Marietta Materials, Inc. Provides Earnings Guidance for the Year 2024

CRH Americas Materials, Inc. completed the acquisition of Martin Marietta South Texas Cement, LLC and Martin Marietta’s South Texas ready-mix concrete operations from Martin Marietta Materials, Inc. (NYSE:MLM).

CRH Americas Materials, Inc. completed the acquisition of Martin Marietta South Texas Cement, LLC and Martin Marietta’s South Texas ready-mix concrete operations from Martin Marietta Materials, Inc. (NYSE:MLM).

Martin Marietta Materials, Inc. to Report Q4, 2023 Results on Feb 14, 2024

Martin Marietta Materials, Inc. (NYSE:MLM) completed the acquisition of Albert Frei & Sons, Inc.

CRH Americas Materials, Inc. entered into a definitive agreement to acquire Portfolio of cement and readymixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE:MLM) for $2.1 billion.

Upcoming dividend of US$0.74 per share at 0.6% yield

CRH Americas Materials, Inc. reached an agreement to acquire portfolio of cement and ready mixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE : MLM) for $2.1 billion.

CRH Americas Materials, Inc. entered into a definitive agreement to acquire Portfolio of cement and readymixed concrete assets in Texas, USA from Martin Marietta Materials, Inc. (NYSE:MLM) for $2.1 billion.

Martin Marietta Declares Quarterly Cash Dividend, Payable on December 29, 2023

Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2023

Third quarter 2023 earnings released: EPS: US$6.96 (vs US$4.67 in 3Q 2022)

Martin Marietta Materials, Inc. to Report Q3, 2023 Results on Nov 01, 2023

UNACEM Corp S.A.A. (BVL:UNACEMC1) entered into a definitive agreement to acquire Certain West Coast Cement Operations from Martin Marietta Materials, Inc. (NYSE:MLM) for approximately $320 million.

Upcoming dividend of US$0.74 per share at 0.7% yield

Martin Marietta Materials, Inc. Announces Quarterly Cash Dividend, Payable on September 29, 2023

Second quarter 2023 earnings released: EPS: US$5.62 (vs US$5.66 in 2Q 2022)

Martin Marietta Materials, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Martin Marietta Materials, Inc. to Report Q2, 2023 Results on Jul 27, 2023

Martin Marietta Materials, Inc.(NYSE:MLM) dropped from Russell 1000 Growth Index

Insufficient new directors

Upcoming dividend of US$0.66 per share at 0.7% yield

Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2023

Martin Marietta Materials, Inc. Provides Revenue Guidance for the Year 2023

First quarter 2023 earnings released: EPS: US$2.16 (vs US$0.39 in 1Q 2022)

Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2023

Full year 2022 earnings released: EPS: US$13.75 (vs US$11.25 in FY 2021)

Martin Marietta Materials, Inc. to Report Q4, 2022 Results on Feb 15, 2023

Now 20% undervalued after recent price drop

Upcoming dividend of US$0.66 per share

Independent Director recently sold €578k worth of stock

Martin Marietta Materials, Inc. Declares Regular Quarterly Cash Dividend on the Outstanding Common Stock, Payable December 30, 2022

Third quarter 2022 earnings released: EPS: US$4.67 (vs US$4.08 in 3Q 2021)

Martin Marietta Materials, Inc. Provides Earnings Guidance for the Full Year 2022

Martin Marietta Materials, Inc. to Report Q3, 2022 Results on Nov 02, 2022

Upcoming dividend of US$0.66 per share

Martin Marietta Materials, Inc. Increases Quarterly Cash Dividend, Payable September 30, 2022

CalPortland Company agreed to acquire Cement Plant and Related Distribution Terminals in California of Martin Marietta Material for $350 million.

Second quarter 2022 earnings released: EPS: US$5.66 (vs US$3.62 in 2Q 2021)

Martin Marietta Materials, Inc. Provides Earnings Guidance for the Full Year 2022

Martin Marietta Materials, Inc. to Report Q2, 2022 Results on Jul 28, 2022

CalPortland Company, Inc. acquired Certain West Coast Cement and Ready Mixed Concrete Operations of Martin Marietta Materials, Inc. for $250 million.

Upcoming dividend of US$0.61 per share

Martin Marietta Materials, Inc. Declares Quarterly Cash Dividend, Payable on June 30, 2022

Martin Marietta Materials, Inc. Provides Consolidated Earnings Guidance for the Year 2022

First quarter 2022 earnings released: EPS: US$0.39 (vs US$1.05 in 1Q 2021)

Martin Marietta Materials, Inc., Annual General Meeting, May 12, 2022

Martin Marietta Materials, Inc. to Report Q1, 2022 Results on May 03, 2022

CalPortland Company, Inc. entered into an agreement to acquire Certain West Coast Cement and Ready Mixed Concrete Operations of Martin Marietta Materials, Inc. for $250 million.

Upcoming dividend of US$0.61 per share