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I’ve been keeping an eye on Martin Marietta Materials, Inc. (NYSE:MLM) because I’m attracted to its fundamentals. Looking at the company as a whole, as a potential stock investment, I believe MLM has a lot to offer. Basically, it is a highly-regarded dividend-paying company that has been able to sustain great financial health over the past. Below, I’ve touched on some key aspects you should know on a high level. For those interested in digger a bit deeper into my commentary, take a look at the report on Martin Marietta Materials here.
Adequate balance sheet average dividend payer
MLM’s ability to maintain an adequate level of cash to meet upcoming liabilities is a good sign for its financial health. This implies that MLM manages its cash and cost levels well, which is a key determinant of the company’s health. MLM’s has produced operating cash levels of 0.23x total debt over the past year, which implies that MLM’s management has put its borrowings into good use by generating enough cash to cover a sufficient portion of borrowings.
MLM is also a dividend company, with ample net income to cover its dividend payout, which has been consistently growing over the past decade, keeping income investors happy.
For Martin Marietta Materials, there are three key aspects you should further examine:
- Future Outlook: What are well-informed industry analysts predicting for MLM’s future growth? Take a look at our free research report of analyst consensus for MLM’s outlook.
- Historical Performance: What has MLM’s returns been like over the past? Go into more detail in the past track record analysis and take a look at the free visual representations of our analysis for more clarity.
- Other Attractive Alternatives : Are there other well-rounded stocks you could be holding instead of MLM? Explore our interactive list of stocks with large potential to get an idea of what else is out there you may be missing!
We aim to bring you long-term focused research analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material.
If you spot an error that warrants correction, please contact the editor at firstname.lastname@example.org. This article by Simply Wall St is general in nature. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Simply Wall St has no position in the stocks mentioned. Thank you for reading.