Martin Marietta Materials, Inc. (MLM) vs Royal Gold, Inc. (RGLD)
A side-by-side comparison of Martin Marietta Materials, Inc. and Royal Gold, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 23, 2026. Differences are shown without an overall score or investment verdict.
MLM
Martin Marietta Materials, Inc.
$534.92Basic MaterialsAt close: Aug 21, 2026, 4:00 PM ET
RGLD
Royal Gold, Inc.
$259.01Basic MaterialsAt close: Aug 21, 2026, 4:00 PM ET
Total return — MLM vs RGLD
growth of $100 · dividends reinvested · last 10yMLM +206.1% (+11.8%/yr)RGLD +282.7% (+14.4%/yr)RGLD compounded faster over this window
MLM RGLD
MLM vs RGLD: by the numbers
- •MLM is the larger company ($32.13B vs $21.98B market cap).
- •MLM trades at the lower trailing earnings multiple (13.14 vs 28.28 P/E), one valuation lens rather than an overall verdict.
- •RGLD converts more revenue to profit (47.70% vs 36.81% net margin).
- •RGLD grew revenue faster over the past five years (20.30% vs 6.59% CAGR).
- •RGLD pays the higher dividend yield (0.72% vs 0.62%).
Metrics side by side
Valuation
| Metric | MLM | RGLD |
|---|---|---|
| P/E ratio | 13.14 | 28.28 |
| Forward P/E | 29.30 | 24.62 |
| P/S ratio | 4.81 | 14.24 |
| P/B ratio | 2.79 | 2.90 |
| EV / EBITDA | 18.13 | 17.42 |
| FCF yield | 2.52% | 0.00% |
Profitability
| Metric | MLM | RGLD |
|---|---|---|
| Gross margin | 28.23% | 66.79% |
| Operating margin | 21.09% | 63.14% |
| Net margin | 36.81% | 47.70% |
| ROE | 21.32% | 9.73% |
| ROIC | 5.50% | 8.58% |
Dividends
| Metric | MLM | RGLD |
|---|---|---|
| Dividend yield | 0.62% | 0.72% |
| Payout ratio | 17.61% | 27.99% |
Growth (annualized)
| Metric | MLM | RGLD |
|---|---|---|
| Revenue CAGR (5Y) | 6.59% | 20.30% |
| EPS CAGR (5Y) | 10.27% | 7.77% |
| FCF CAGR (5Y) | 2.35% | -69.96% |
| Total return CAGR (5Y) | 8.02% | 20.36% |
Frequently asked
- Which has the lower trailing P/E, MLM or RGLD?
- MLM has the lower trailing P/E: MLM trades at 13.14 and RGLD at 28.28. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MLM or RGLD?
- Over the past five years, RGLD grew revenue faster — MLM at a 6.59% CAGR versus RGLD at 20.30%.
- Does MLM or RGLD pay a bigger dividend?
- MLM yields 0.62% and RGLD yields 0.72% based on trailing dividends and the latest price.
- Is MLM or RGLD more profitable?
- RGLD runs the higher net margin — MLM at 36.81% versus RGLD at 47.70%.
- How have MLM and RGLD total returns compared?
- Over the past 10 years, MLM delivered 11.60% and RGLD delivered 13.31% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Martin Marietta Materials P/E ratioRoyal Gold P/E ratioMartin Marietta Materials dividend yieldRoyal Gold dividend yieldMartin Marietta Materials ROERoyal Gold ROEMartin Marietta Materials operating marginRoyal Gold operating marginMartin Marietta Materials revenue growthRoyal Gold revenue growthMartin Marietta Materials free cash flowRoyal Gold free cash flow
Martin Marietta Materials & Royal Gold 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 23, 2026.