Is MLM or WPM cheaper?

On trailing earnings, MLM is cheaper: MLM trades at a 14.52 P/E and WPM at 30.95.

Which has grown faster, MLM or WPM?

Over the past five years, WPM grew revenue faster — MLM at a 6.63% CAGR versus WPM at 18.70%.

Does MLM or WPM pay a bigger dividend?

MLM yields 0.55% and WPM yields 0.59% based on trailing dividends and the latest price.

Is MLM or WPM more profitable?

WPM runs the higher net margin — MLM at 38.67% versus WPM at 65.55%.

Which has been the better investment, MLM or WPM?

Over the past 10-year, WPM delivered the higher annualized total return — MLM at 13.64% versus WPM at 20.88%. Past performance doesn't predict future results.

Martin Marietta Materials, Inc. (MLM) vs Wheaton Precious Metals Corp. (WPM)

WPM leads on 11 of 17 compared metrics, though MLM is the cheaper stock.

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 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

WPM

Wheaton Precious Metals Corp.

$55.66B

$122.57Basic Materials

Total return — MLM vs WPM

growth of $100 · last 21y

MLM +774.5%WPM +3828.5%WPM compounded faster

MLM WPM

MLM vs WPM: by the numbers

•WPM is the larger company ($55.66B vs $36.58B market cap).
•MLM trades at the lower earnings multiple (14.52 vs 30.95 P/E).
•WPM converts more revenue to profit (65.55% vs 38.67% net margin).
•WPM grew revenue faster over the past five years (18.70% vs 6.63% CAGR).
•WPM pays the higher dividend yield (0.59% vs 0.55%).

Which is better, MLM or WPM?

Metric tally: MLM 6 · WPM 11

It depends on what you're optimizing for:

ValueMLM(lower P/E)

GrowthWPM(faster 5Y revenue CAGR)

IncomeWPM(higher dividend yield)

QualityWPM(higher ROIC)

Metrics side by side

Valuation

Metric	MLM	WPM
P/E ratio	14.52●	30.95
Forward P/E	26.78	21.66●
P/S ratio	5.61●	20.30
P/B ratio	3.26●	6.01
PEG ratio	1.41	0.20●
EV / EBITDA	19.76●	22.31
FCF yield	2.81%●	1.78%

Profitability

Metric	MLM	WPM
Gross margin	29.56%	77.10%●
Operating margin	22.74%	71.81%●
Net margin	38.67%	65.55%●
ROE	22.43%●	19.41%
ROIC	6.87%	15.60%●

Dividends

Metric	MLM	WPM
Dividend yield	0.55%	0.59%●
Payout ratio	17.61%	21.82%

Growth (annualized)

Metric	MLM	WPM
Revenue CAGR (5Y)	6.63%	18.70%●
EPS CAGR (5Y)	10.27%	22.63%●
FCF CAGR (5Y)	6.09%	8.38%●
Total return CAGR (5Y)	13.38%	24.34%●

Frequently asked

Which is better, MLM or WPM?: It depends on your goal. value: MLM (lower P/E); growth: WPM (faster 5Y revenue CAGR); income: WPM (higher dividend yield); quality: WPM (higher ROIC). Across all compared metrics, WPM leads 11 to 6.
Is MLM or WPM cheaper?: On trailing earnings, MLM is cheaper: MLM trades at a 14.52 P/E and WPM at 30.95.
Which has grown faster, MLM or WPM?: Over the past five years, WPM grew revenue faster — MLM at a 6.63% CAGR versus WPM at 18.70%.
Does MLM or WPM pay a bigger dividend?: MLM yields 0.55% and WPM yields 0.59% based on trailing dividends and the latest price.
Is MLM or WPM more profitable?: WPM runs the higher net margin — MLM at 38.67% versus WPM at 65.55%.
Which has been the better investment, MLM or WPM?: Over the past 10-year, WPM delivered the higher annualized total return — MLM at 13.64% versus WPM at 20.88%. Past performance doesn't predict future results.

Go deeper

Full MLM analysis Full WPM analysis Interactive comparison tool

Dig into the metrics

Martin Marietta Materials P/E ratio Wheaton Precious Metals P/E ratio Martin Marietta Materials dividend yield Wheaton Precious Metals dividend yield Martin Marietta Materials ROE Wheaton Precious Metals ROE Martin Marietta Materials operating margin Wheaton Precious Metals operating margin Martin Marietta Materials revenue growth Wheaton Precious Metals revenue growth Martin Marietta Materials free cash flow Wheaton Precious Metals free cash flow

Martin Marietta Materials & Wheaton Precious Metals appear in these rankings

Fastest Revenue Growth Stocks Highest Operating Margin Stocks 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.