Martin Marietta Materials, Inc. (MLM) vs PPG Industries, Inc. (PPG)
MLM and PPG are evenly matched — 8 metrics each of 16.
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 June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
MLM
Martin Marietta Materials, Inc.
$609.12Basic Materials
PPG
PPG Industries, Inc.
$118.25Basic Materials
Total return — MLM vs PPG
growth of $100 · last 30yMLM +2438.0%PPG +375.3%MLM compounded faster
Log scale — wide-divergence pair
MLM PPG
MLM vs PPG: by the numbers
- •MLM is the larger company ($36.58B vs $26.35B market cap).
- •MLM trades at the lower earnings multiple (14.52 vs 16.87 P/E).
- •MLM converts more revenue to profit (38.67% vs 9.83% net margin).
- •MLM grew revenue faster over the past five years (6.63% vs 2.37% CAGR).
- •PPG pays the higher dividend yield (2.40% vs 0.55%).
Which is better, MLM or PPG?
Metric tally: MLM 8 · PPG 8It depends on what you're optimizing for:
ValueMLM(lower P/E)
GrowthMLM(faster 5Y revenue CAGR)
IncomePPG(higher dividend yield)
QualityPPG(higher ROIC)
Metrics side by side
Valuation
| Metric | MLM | PPG |
|---|---|---|
| P/E ratio | 14.52● | 16.87 |
| Forward P/E | 26.78 | 15.02● |
| P/S ratio | 5.61 | 1.65● |
| P/B ratio | 3.26 | 3.27 |
| PEG ratio | 1.41 | 0.32● |
| EV / EBITDA | 19.76 | 11.49● |
| FCF yield | 2.81% | 4.62%● |
Profitability
| Metric | MLM | PPG |
|---|---|---|
| Gross margin | 29.56% | 40.56%● |
| Operating margin | 22.74%● | 12.80% |
| Net margin | 38.67%● | 9.83% |
| ROE | 22.43%● | 19.56% |
| ROIC | 6.87% | 43.13%● |
Dividends
| Metric | MLM | PPG |
|---|---|---|
| Dividend yield | 0.55% | 2.40%● |
| Payout ratio | 17.61% | 40.80% |
Growth (annualized)
| Metric | MLM | PPG |
|---|---|---|
| Revenue CAGR (5Y) | 6.63%● | 2.37% |
| EPS CAGR (5Y) | 10.27%● | 9.26% |
| FCF CAGR (5Y) | 6.09%● | -8.56% |
| Total return CAGR (5Y) | 13.38%● | -4.84% |
Frequently asked
- Which is better, MLM or PPG?
- It depends on your goal. value: MLM (lower P/E); growth: MLM (faster 5Y revenue CAGR); income: PPG (higher dividend yield); quality: PPG (higher ROIC). Across all compared metrics, they are evenly matched.
- Is MLM or PPG cheaper?
- On trailing earnings, MLM is cheaper: MLM trades at a 14.52 P/E and PPG at 16.87.
- Which has grown faster, MLM or PPG?
- Over the past five years, MLM grew revenue faster — MLM at a 6.63% CAGR versus PPG at 2.37%.
- Does MLM or PPG pay a bigger dividend?
- MLM yields 0.55% and PPG yields 2.40% based on trailing dividends and the latest price.
- Is MLM or PPG more profitable?
- MLM runs the higher net margin — MLM at 38.67% versus PPG at 9.83%.
- Which has been the better investment, MLM or PPG?
- Over the past 10-year, MLM delivered the higher annualized total return — MLM at 13.64% versus PPG at 2.80%. 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 June 20, 2026.