Martin Marietta Materials, Inc. (MLM) vs Vulcan Materials Company (VMC)
A side-by-side comparison of Martin Marietta Materials, Inc. and Vulcan Materials Company 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.
$491.43Basic MaterialsDelayed quote: Sep 18, 2026, 2:15 PM EDT
VMC
Vulcan Materials Company
$241.49Basic MaterialsDelayed quote: Sep 18, 2026, 2:15 PM EDT
Total return — MLM vs VMC
growth of $100 · dividends reinvested · last 10yMLM +215.0% (+12.2%/yr)VMC +141.2% (+9.2%/yr)MLM compounded faster over this window
MLM VMC
MLM vs VMC: by the numbers
- •VMC is the larger company ($31.29B vs $29.52B market cap).
- •MLM trades at the lower trailing earnings multiple (12.07 vs 28.48 P/E), one valuation lens rather than an overall verdict.
- •MLM converts more revenue to profit (36.81% vs 13.82% net margin).
- •VMC grew revenue faster over the past five years (10.53% vs 6.59% CAGR).
- •VMC pays the higher dividend yield (0.82% vs 0.65%).
Metrics side by side
Valuation
| Metric | MLM | VMC |
|---|---|---|
| P/E ratio | 12.07 | 28.48 |
| Forward P/E | 26.96 | 26.42 |
| P/S ratio | 4.41 | 3.86 |
| P/B ratio | 2.56 | 3.70 |
| EV / EBITDA | 16.85 | 15.50 |
| FCF yield | 2.74% | 3.28% |
Profitability
| Metric | MLM | VMC |
|---|---|---|
| Gross margin | 28.23% | 27.43% |
| Operating margin | 21.09% | 19.92% |
| Net margin | 36.81% | 13.82% |
| ROE | 21.32% | 13.23% |
| ROIC | 5.50% | 8.25% |
Dividends
| Metric | MLM | VMC |
|---|---|---|
| Dividend yield | 0.65% | 0.82% |
| Payout ratio | 8.16% | 24.17% |
Growth (annualized)
| Metric | MLM | VMC |
|---|---|---|
| Revenue CAGR (5Y) | 6.59% | 10.53% |
| EPS CAGR (5Y) | 10.27% | 13.07% |
| FCF CAGR (5Y) | 2.35% | 7.63% |
| Total return CAGR (5Y) | 7.31% | 8.12% |
Frequently asked
- Which has the lower trailing P/E, MLM or VMC?
- MLM has the lower trailing P/E: MLM trades at 12.07 and VMC at 28.48. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MLM or VMC?
- Over the past five years, VMC grew revenue faster — MLM at a 6.59% CAGR versus VMC at 10.53%.
- Does MLM or VMC pay a bigger dividend?
- MLM yields 0.65% and VMC yields 0.82% based on trailing dividends and the latest price.
- Is MLM or VMC more profitable?
- MLM runs the higher net margin — MLM at 36.81% versus VMC at 13.82%.
- How have MLM and VMC total returns compared?
- Over the past 10 years, MLM delivered 12.11% and VMC delivered 9.71% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Martin Marietta Materials P/E ratioVulcan Materials P/E ratioMartin Marietta Materials dividend yieldVulcan Materials dividend yieldMartin Marietta Materials ROEVulcan Materials ROEMartin Marietta Materials operating marginVulcan Materials operating marginMartin Marietta Materials revenue growthVulcan Materials revenue growthMartin Marietta Materials free cash flowVulcan Materials free cash flow
Martin Marietta Materials & Vulcan Materials 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 September 13, 2026.