Martin Marietta Materials, Inc. (MLM) vs Wheaton Precious Metals Corp. (WPM)
A side-by-side comparison of Martin Marietta Materials, Inc. and Wheaton Precious Metals Corp. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of August 4, 2026. Differences are shown without an overall score or investment verdict.
MLM
Martin Marietta Materials, Inc.
$551.98Basic MaterialsDelayed quote: Aug 4, 2026, 2:45 PM EDT
WPM
Wheaton Precious Metals Corp.
$115.50Basic MaterialsDelayed quote: Aug 4, 2026, 2:45 PM EDT
Total return — MLM vs WPM
growth of $100 · dividends reinvested · last 21yMLM +898.6%WPM +4248.2%WPM compounded faster
MLM WPM
MLM vs WPM: by the numbers
- •WPM is the larger company ($52.45B vs $33.16B market cap).
- •MLM trades at the lower trailing earnings multiple (13.32 vs 28.25 P/E), one valuation lens rather than an overall verdict.
- •WPM converts more revenue to profit (65.55% vs 36.81% net margin).
- •WPM grew revenue faster over the past five years (18.70% vs 6.59% CAGR).
- •WPM pays the higher dividend yield (0.64% vs 0.61%).
Metrics side by side
Valuation
| Metric | MLM | WPM |
|---|---|---|
| P/E ratio | 13.32 | 28.25 |
| Forward P/E | 29.27 | 23.02 |
| P/S ratio | 4.88 | 18.53 |
| P/B ratio | 2.83 | 5.49 |
| PEG ratio | 1.30 | 0.20 |
| EV / EBITDA | 18.53 | 21.39 |
| FCF yield | 2.48% | 1.95% |
Profitability
| Metric | MLM | WPM |
|---|---|---|
| Gross margin | 28.23% | 77.10% |
| Operating margin | 21.09% | 71.81% |
| Net margin | 36.81% | 65.55% |
| ROE | 21.32% | 19.41% |
| ROIC | 6.87% | 15.60% |
Dividends
| Metric | MLM | WPM |
|---|---|---|
| Dividend yield | 0.61% | 0.64% |
| Payout ratio | 17.61% | 21.82% |
Growth (annualized)
| Metric | MLM | WPM |
|---|---|---|
| Revenue CAGR (5Y) | 6.59% | 18.70% |
| EPS CAGR (5Y) | 10.27% | 22.63% |
| FCF CAGR (5Y) | 2.35% | -5.56% |
| Total return CAGR (5Y) | 9.06% | 20.65% |
Frequently asked
- Which has the lower trailing P/E, MLM or WPM?
- MLM has the lower trailing P/E: MLM trades at 13.32 and WPM at 28.25. P/E is one valuation measure and does not by itself establish which business is cheaper.
- Which has grown faster, MLM or WPM?
- Over the past five years, WPM grew revenue faster — MLM at a 6.59% CAGR versus WPM at 18.70%.
- Does MLM or WPM pay a bigger dividend?
- MLM yields 0.61% and WPM yields 0.64% based on trailing dividends and the latest price.
- Is MLM or WPM more profitable?
- WPM runs the higher net margin — MLM at 36.81% versus WPM at 65.55%.
- How have MLM and WPM total returns compared?
- Over the past 10 years, MLM delivered 11.31% and WPM delivered 15.92% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Martin Marietta Materials P/E ratioWheaton Precious Metals P/E ratioMartin Marietta Materials dividend yieldWheaton Precious Metals dividend yieldMartin Marietta Materials ROEWheaton Precious Metals ROEMartin Marietta Materials operating marginWheaton Precious Metals operating marginMartin Marietta Materials revenue growthWheaton Precious Metals revenue growthMartin Marietta Materials free cash flowWheaton Precious Metals free cash flow
Martin Marietta Materials & Wheaton Precious Metals 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 4, 2026.