Is MLM or STLD cheaper?

On trailing earnings, MLM is cheaper: MLM trades at a 14.52 P/E and STLD at 26.76.

Which has grown faster, MLM or STLD?

Over the past five years, STLD grew revenue faster — MLM at a 6.63% CAGR versus STLD at 12.46%.

Does MLM or STLD pay a bigger dividend?

MLM yields 0.55% and STLD yields 0.81% based on trailing dividends and the latest price.

Is MLM or STLD more profitable?

MLM runs the higher net margin — MLM at 38.67% versus STLD at 7.22%.

Which has been the better investment, MLM or STLD?

Over the past 10-year, STLD delivered the higher annualized total return — MLM at 13.64% versus STLD at 28.17%. Past performance doesn't predict future results.

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

STLD leads on 10 of 17 compared metrics, though MLM is the cheaper stock.

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 June 20, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

MLM

Martin Marietta Materials, Inc.

$36.58B

$609.12Basic Materials

STLD

Steel Dynamics, Inc.

$36.04B

$249.91Basic Materials

Total return — MLM vs STLD

growth of $100 · last 30y

MLM +2477.7%STLD +5262.9%STLD compounded faster

MLM STLD

MLM vs STLD: by the numbers

•MLM is the larger company ($36.58B vs $36.04B market cap).
•MLM trades at the lower earnings multiple (14.52 vs 26.76 P/E).
•MLM converts more revenue to profit (38.67% vs 7.22% net margin).
•STLD grew revenue faster over the past five years (12.46% vs 6.63% CAGR).
•STLD pays the higher dividend yield (0.81% vs 0.55%).

Which is better, MLM or STLD?

Metric tally: MLM 7 · STLD 10

It depends on what you're optimizing for:

ValueMLM(lower P/E)

GrowthSTLD(faster 5Y revenue CAGR)

IncomeSTLD(higher dividend yield)

QualitySTLD(higher ROIC)

Metrics side by side

Valuation

Metric	MLM	STLD
P/E ratio	14.52●	26.76
Forward P/E	26.78	15.72●
P/S ratio	5.61	1.90●
P/B ratio	3.26●	3.95
PEG ratio	1.41	1.06●
EV / EBITDA	19.76	15.66●
FCF yield	2.81%●	1.84%

Profitability

Metric	MLM	STLD
Gross margin	29.56%●	14.00%
Operating margin	22.74%●	9.41%
Net margin	38.67%●	7.22%
ROE	22.43%●	14.97%
ROIC	6.87%	8.19%●

Dividends

Metric	MLM	STLD
Dividend yield	0.55%	0.81%●
Payout ratio	17.61%	25.31%

Growth (annualized)

Metric	MLM	STLD
Revenue CAGR (5Y)	6.63%	12.46%●
EPS CAGR (5Y)	10.27%	25.18%●
FCF CAGR (5Y)	6.09%	19.91%●
Total return CAGR (5Y)	13.38%	36.10%●

Frequently asked

Which is better, MLM or STLD?: It depends on your goal. value: MLM (lower P/E); growth: STLD (faster 5Y revenue CAGR); income: STLD (higher dividend yield); quality: STLD (higher ROIC). Across all compared metrics, STLD leads 10 to 7.
Is MLM or STLD cheaper?: On trailing earnings, MLM is cheaper: MLM trades at a 14.52 P/E and STLD at 26.76.
Which has grown faster, MLM or STLD?: Over the past five years, STLD grew revenue faster — MLM at a 6.63% CAGR versus STLD at 12.46%.
Does MLM or STLD pay a bigger dividend?: MLM yields 0.55% and STLD yields 0.81% based on trailing dividends and the latest price.
Is MLM or STLD more profitable?: MLM runs the higher net margin — MLM at 38.67% versus STLD at 7.22%.
Which has been the better investment, MLM or STLD?: Over the past 10-year, STLD delivered the higher annualized total return — MLM at 13.64% versus STLD at 28.17%. 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

Best 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 June 20, 2026.