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.

Compare

Total returnMLM vs PPG

growth of $100 · dividends reinvested · last 30y
MLM +3247.1%PPG +824.9%MLM compounded faster
01k2k3k4kStart $100200120062011201620212026$3,347$925
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

MetricMLMPPG
P/E ratio13.3216.33
Forward P/E29.2714.46
P/S ratio4.881.55
P/B ratio2.833.28
PEG ratio1.300.32
EV / EBITDA18.5311.99
FCF yield2.48%5.51%

Profitability

MetricMLMPPG
Gross margin28.23%40.09%
Operating margin21.09%12.48%
Net margin36.81%9.57%
ROE21.32%-44.48%
ROIC6.87%43.13%

Dividends

MetricMLMPPG
Dividend yield0.61%2.49%
Payout ratio17.61%40.80%

Growth (annualized)

MetricMLMPPG
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.

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.