James Hardie Industries vs Martin Marietta Materials
Martin Marietta Materials is the larger business, with $6.15bn of revenue in fiscal 2025 against $4.84bn for James Hardie Industries (1.3 times as much). James Hardie Industries grew faster (24.7% against 8.6%). Martin Marietta Materials kept more of each dollar of sales as profit: a net margin of 18.5% against 2.2%.
| Latest fiscal year | James Hardie IndustriesJHX, 2026 | Martin Marietta MaterialsMLM, 2025 |
|---|---|---|
| Revenue | $4.84bn | $6.15bn |
| Revenue growth | 24.7% | 8.6% |
| Net income | $104m | $1.14bn |
| Operating margin | — | 23.4% |
| Net margin | 2.2% | 18.5% |
| Return on equity | 2.4% | 11.7% |
| Free cash flow | $206m | $978m |
| Cash | $269m | $67.0m |
| Total debt | $4.57bn | $5.32bn |
| Debt to equity | — | 53.1% |
| Dividend per share | — | $3.24 |
| Dividend yield | — | 0.6% |
| Share buybacks | $0 | $450m |
| Employees | 7,500 | 9,600 |
| Market value | $12.14bn | $32.73bn |
| Price vs our value range | Within our value range | Above our value range |
| Moat score | — | 65 (Moderate) |
| Insider trades, 12 months | 1 buys, 7 sales | 0 buys, 0 sales |