Martin Marietta Materials, Inc. (MLM) vs PPG Industries, Inc. (PPG)
A side-by-side comparison of Martin Marietta Materials, Inc. and PPG Industries, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 4, 2026. Differences are shown without an overall score or investment verdict.
MLM
Martin Marietta Materials, Inc.
$541.74Basic MaterialsDelayed quote: Aug 4, 2026, 9:45 AM EDT
PPG
PPG Industries, Inc.
$115.64Basic MaterialsDelayed quote: Aug 4, 2026, 9:45 AM EDT
Total return — MLM vs PPG
growth of $100 · dividends reinvested · last 30yMLM +3247.1%PPG +824.9%MLM compounded faster
MLM PPG
MLM vs PPG: by the numbers
- •MLM is the larger company ($32.54B vs $25.71B market cap).
- •MLM trades at the lower trailing earnings multiple (13.32 vs 16.33 P/E), one valuation lens rather than an overall verdict.
- •MLM converts more revenue to profit (36.81% vs 9.57% net margin).
- •MLM grew revenue faster over the past five years (6.59% vs 0.93% CAGR).
- •PPG pays the higher dividend yield (2.49% vs 0.61%).
Metrics side by side
Valuation
| Metric | MLM | PPG |
|---|---|---|
| P/E ratio | 13.32 | 16.33 |
| Forward P/E | 29.27 | 14.46 |
| P/S ratio | 4.88 | 1.55 |
| P/B ratio | 2.83 | 3.28 |
| PEG ratio | 1.30 | 0.32 |
| EV / EBITDA | 18.53 | 11.99 |
| FCF yield | 2.48% | 5.51% |
Profitability
| Metric | MLM | PPG |
|---|---|---|
| Gross margin | 28.23% | 40.09% |
| Operating margin | 21.09% | 12.48% |
| Net margin | 36.81% | 9.57% |
| ROE | 21.32% | -44.48% |
| ROIC | 6.87% | 43.13% |
Dividends
| Metric | MLM | PPG |
|---|---|---|
| Dividend yield | 0.61% | 2.49% |
| Payout ratio | 17.61% | 40.80% |
Growth (annualized)
| Metric | MLM | PPG |
|---|---|---|
| Revenue CAGR (5Y) | 6.59% | 0.93% |
| EPS CAGR (5Y) | 10.27% | 9.26% |
| FCF CAGR (5Y) | 2.35% | -7.12% |
| Total return CAGR (5Y) | 9.06% | -5.25% |
Frequently asked
- Which has the lower trailing P/E, MLM or PPG?
- MLM has the lower trailing P/E: MLM trades at 13.32 and PPG at 16.33. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MLM or PPG?
- Over the past five years, MLM grew revenue faster — MLM at a 6.59% CAGR versus PPG at 0.93%.
- Does MLM or PPG pay a bigger dividend?
- MLM yields 0.61% and PPG yields 2.49% based on trailing dividends and the latest price.
- Is MLM or PPG more profitable?
- MLM runs the higher net margin — MLM at 36.81% versus PPG at 9.57%.
- How have MLM and PPG total returns compared?
- Over the past 10 years, MLM delivered 11.31% and PPG delivered 2.79% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Martin Marietta Materials P/E ratioPPG Industries P/E ratioMartin Marietta Materials dividend yieldPPG Industries dividend yieldMartin Marietta Materials ROEPPG Industries ROEMartin Marietta Materials operating marginPPG Industries operating marginMartin Marietta Materials revenue growthPPG Industries revenue growthMartin Marietta Materials free cash flowPPG Industries free cash flow
Martin Marietta Materials & PPG Industries appear in these rankings
Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified August 4, 2026.