Martin Marietta Materials vs Vulcan Materials
Vulcan Materials is the larger business, with $7.94bn of revenue in fiscal 2025 against $6.15bn for Martin Marietta Materials (1.3 times as much). Martin Marietta Materials grew faster (8.6% against 7.1%). Martin Marietta Materials kept more of each dollar of sales as profit: a net margin of 18.5% against 13.6%. Vulcan Materials carries less debt relative to equity (52.1% against 53.1%).
| Latest fiscal year | Martin Marietta MaterialsMLM, 2025 | Vulcan MaterialsVMC, 2025 |
|---|---|---|
| Revenue | $6.15bn | $7.94bn |
| Revenue growth | 8.6% | 7.1% |
| Net income | $1.14bn | $1.08bn |
| Operating margin | 23.4% | 20.4% |
| Net margin | 18.5% | 13.6% |
| Return on equity | 11.7% | 12.9% |
| Free cash flow | $978m | $1.14bn |
| Cash | $67.0m | $183m |
| Total debt | $5.32bn | $4.44bn |
| Debt to equity | 53.1% | 52.1% |
| Dividend per share | $3.24 | $1.96 |
| Dividend yield | 0.6% | 0.7% |
| Share buybacks | $450m | $438m |
| Employees | 9,600 | 11,172 |
| Market value | $33.16bn | $37.07bn |
| Price vs our value range | Above our value range | Above our value range |
| Moat score | 65 (Moderate) | 64 (Moderate) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 18 sales |