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 September 13, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total returnMLM vs PPG

growth of $100 · dividends reinvested · last 10y
MLM +215.7% (+12.2%/yr)PPG +27.2% (+2.4%/yr)MLM compounded faster over this window
100200300400Start $10020182020202220242026$316$127
MLM PPG

MLM vs PPG: by the numbers

  • MLM is the larger company ($29.47B vs $23.23B market cap).
  • MLM trades at the lower trailing earnings multiple (12.06 vs 14.97 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 (2.72% vs 0.65%).

Metrics side by side

Valuation

MetricMLMPPG
P/E ratio12.0614.97
Forward P/E26.9213.22
P/S ratio4.411.41
P/B ratio2.552.75
EV / EBITDA16.8311.28
FCF yield2.75%6.06%

Profitability

MetricMLMPPG
Gross margin28.23%40.09%
Operating margin21.09%12.48%
Net margin36.81%9.57%
ROE21.32%18.62%
ROIC5.50%8.84%

Dividends

MetricMLMPPG
Dividend yield0.65%2.72%
Payout ratio8.16%41.12%

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)7.31%-5.17%

Frequently asked

Which has the lower trailing P/E, MLM or PPG?
MLM has the lower trailing P/E: MLM trades at 12.06 and PPG at 14.97. 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 0.65% and PPG yields 2.72% 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 12.11% and PPG delivered 2.37% 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 September 13, 2026.