Which has the lower trailing P/E, MLM or STLD?

MLM has the lower trailing P/E: MLM trades at 12.06 and STLD at 21.33. P/E is one valuation measure and does not by itself establish which business is cheaper.

Which has grown faster, MLM or STLD?

Over the past five years, STLD grew revenue faster — MLM at a 6.59% CAGR versus STLD at 9.68%.

Does MLM or STLD pay a bigger dividend?

MLM yields 0.65% and STLD yields 0.86% based on trailing dividends and the latest price.

Is MLM or STLD more profitable?

MLM runs the higher net margin — MLM at 36.81% versus STLD at 7.83%.

How have MLM and STLD total returns compared?

Over the past 10 years, MLM delivered 12.11% and STLD delivered 28.36% annualized total return. Past performance doesn't predict future results.

Martin Marietta Materials, Inc. (MLM) vs Steel Dynamics, Inc. (STLD)

A side-by-side comparison of Martin Marietta Materials, Inc. and Steel Dynamics, 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.

MLM

Martin Marietta Materials, Inc.

$29.47B

$490.64Basic MaterialsDelayed quote: Sep 18, 2026, 4:00 PM EDT

STLD

Steel Dynamics, Inc.

$33.72B

$235.26Basic MaterialsDelayed quote: Sep 18, 2026, 4:00 PM EDT

Total return — MLM vs STLD

growth of $100 · dividends reinvested · last 10y

MLM +203.4% (+11.7%/yr)STLD +1155.5% (+28.8%/yr)STLD compounded faster over this window

MLM STLD

MLM vs STLD: by the numbers

•STLD is the larger company ($33.72B vs $29.47B market cap).
•MLM trades at the lower trailing earnings multiple (12.06 vs 21.33 P/E), one valuation lens rather than an overall verdict.
•MLM converts more revenue to profit (36.81% vs 7.83% net margin).
•STLD grew revenue faster over the past five years (9.68% vs 6.59% CAGR).
•STLD pays the higher dividend yield (0.86% vs 0.65%).

Metrics side by side

Valuation

Metric	MLM	STLD
P/E ratio	12.06	21.33
Forward P/E	26.92	13.65
P/S ratio	4.41	1.64
P/B ratio	2.55	3.58
EV / EBITDA	16.83	13.45
FCF yield	2.75%	2.83%

Profitability

Metric	MLM	STLD
Gross margin	28.23%	14.62%
Operating margin	21.09%	10.57%
Net margin	36.81%	7.83%
ROE	21.32%	17.06%
ROIC	5.50%	10.79%

Dividends

Metric	MLM	STLD
Dividend yield	0.65%	0.86%
Payout ratio	8.16%	18.68%

Growth (annualized)

Metric	MLM	STLD
Revenue CAGR (5Y)	6.59%	9.68%
EPS CAGR (5Y)	10.27%	25.18%
FCF CAGR (5Y)	2.35%	26.72%
Total return CAGR (5Y)	7.31%	31.46%

Frequently asked

Which has the lower trailing P/E, MLM or STLD?: MLM has the lower trailing P/E: MLM trades at 12.06 and STLD at 21.33. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, MLM or STLD?: Over the past five years, STLD grew revenue faster — MLM at a 6.59% CAGR versus STLD at 9.68%.
Does MLM or STLD pay a bigger dividend?: MLM yields 0.65% and STLD yields 0.86% based on trailing dividends and the latest price.
Is MLM or STLD more profitable?: MLM runs the higher net margin — MLM at 36.81% versus STLD at 7.83%.
How have MLM and STLD total returns compared?: Over the past 10 years, MLM delivered 12.11% and STLD delivered 28.36% annualized total return. Past performance doesn't predict future results.

Go deeper

Full MLM analysis Full STLD analysis Interactive comparison tool

Dig into the metrics

Martin Marietta Materials P/E ratio Steel Dynamics P/E ratio Martin Marietta Materials dividend yield Steel Dynamics dividend yield Martin Marietta Materials ROE Steel Dynamics ROE Martin Marietta Materials operating margin Steel Dynamics operating margin Martin Marietta Materials revenue growth Steel Dynamics revenue growth Martin Marietta Materials free cash flow Steel Dynamics free cash flow

Martin Marietta Materials & Steel Dynamics appear in these rankings

Highest 10-Year Total Return Stocks Lowest P/E Ratio Stocks

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.