Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Martin Marietta MaterialsMLM +1.91%89 3-Year Book Growth Rate is 12.90% as of Jun. 2026, which is 32% above its 10-year median of 9.80. GuruFocus rates MLM with a GF Scoreâ„¢ of 89/100 and a GF Valueâ„¢ of $662.77 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 388 Building Materials companies, Martin Marietta Materials ranks better than 74.74% on this metric.
During the past 12 months, Martin Marietta Materials's average Book Value per Share Growth Rate was 23.80% per year.
During the past 3 years, the average Book Value per Share Growth Rate was 12.90% per year.
During the past 5 years, the average Book Value per Share Growth Rate was 12.50% per year.
During the past 10 years, the average Book Value per Share Growth Rate was 10.40% per year.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
During the past 13 years, the highest 3-Year average Book Value per Share Growth Rate of Martin Marietta Materials was 28.00% per year. The lowest was -2.00% per year. And the median was 9.80% per year.
Martin Marietta Materials (NYSE:MLM) 3-Year Book Growth Rate Explanation
Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.
Martin Marietta Materials 3-Year Book Growth Rate Related Terms
MLM vs VMC, JHX, EXP: 3-Year Book Growth Rate Comparison
For the Building Materials subindustry, Martin Marietta Materials's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Martin Marietta Materials 3-Year Book Growth Rate vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's 3-Year Book Growth Rate distribution charts can be found below:
* The bar in red indicates where Martin Marietta Materials's 3-Year Book Growth Rate falls into.
Martin Marietta Materials 3-Year Book Growth Rate Calculation
This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average Book Value per Share growth rate.
What does a 3-Year Book Growth Rate of 12.90% mean?
Martin Marietta Materials (MLM) has a 3-Year Book Growth Rate of 12.90% as of Jun. 2026. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Martin Marietta Materials and its competitors. This is 32% above median its historical median of 9.80. According to the industry distribution chart, Martin Marietta Materials ranks #98 out of 388 companies in the Building Materials industry, placing it in the top 25.3%.
Is Martin Marietta Materials' 3-Year Book Growth Rate too high?
Martin Marietta Materials' current 3-Year Book Growth Rate of 12.90% is 32% above median its 10-year median of 9.80. The Building Materials industry median 3-Year Book Growth Rate is 4.55. Martin Marietta Materials' value of 12.90% is 183.5% above this industry median. Based on the distribution chart, Martin Marietta Materials ranks #98 out of 388 companies in the Building Materials industry, which is above the industry midpoint. Overall, Martin Marietta Materials has a GF Scoreâ„¢ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Marietta Materials' 3-Year Book Growth Rate compare to VMC and JHX?
According to the Building Materials industry distribution chart, Martin Marietta Materials ranks #98 out of 388 companies for 3-Year Book Growth Rate. This puts Martin Marietta Materials in the upper half of its industry. The industry median 3-Year Book Growth Rate is 4.55. Martin Marietta Materials' value of 12.90% is 183.5% above this benchmark. While the company's 10-year median is 9.80 vs. the industry median of 4.55, Martin Marietta Materials has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year Book Growth Rate for a Building Materials company?
The median 3-Year Book Growth Rate among Building Materials companies is 4.55, based on 388 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year Book Growth Rate significantly above this median, while those in the bottom quartile fall well below. However, 3-Year Book Growth Rate should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Martin Marietta Materials's current 3-Year Book Growth Rate of 12.90% is 183.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year Book Growth Rate mean?
A high 3-Year Book Growth Rate can signal that a stock is expensive relative to its fundamentals. 3-Year Book Growth Rate is the 3-year average growth rate of Book Value per Share. View historical data for Martin Marietta Materials and its competitors. For the Building Materials industry, the median 3-Year Book Growth Rate is 4.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Marietta Materials's current 3-Year Book Growth Rate is 12.90%, which is 32% above median its own 10-year median of 9.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Martin Marietta Materials stock overvalued right now?
Based on GuruFocus' analysis, Martin Marietta Materials (MLM) is currently considered Modestly Undervalued. The stock's GF Value™ is $662.77, compared to a current price of $548.57 — trading 17.2% below its estimated fair value. The current 3-Year Book Growth Rate is 12.90%, which is 32% above median its 10-year median of 9.80 and 183.5% above the Building Materials industry median of 4.55. Martin Marietta Materials' overall GF Score™ is 89/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Book Growth Rate calculated?
3-Year Book Growth Rate is calculated from a company's financial statements. For Martin Marietta Materials (MLM), the current 3-Year Book Growth Rate is 12.90% as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Martin Marietta Materials (MLM) Overvalued in 2026?
Based on GuruFocus' analysis, Martin Marietta Materials stock appears to be undervalued.
The current stock price of $548.57 is trading 17.2% below its estimated GF Value™ of $662.77.
GuruFocus considers Martin Marietta Materials to be Modestly Undervalued.
Key valuation signals for MLM:
3-Year Book Growth Rate: 12.90% (32% above median its 10-year median of 9.80)
GF Value™: $662.77 vs. price of $548.57 (17.2% below fair value)
Industry Position: 183.5% above the Building Materials median (#98 of 388)
No single metric tells the full story. See the MLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Martin Marietta Materials is one of the United States' largest producer of construction aggregates (crushed stone, sand, and gravel). In 2024, Martin Marietta sold 191 million tons of aggregates. Martin Marietta's most important markets include Texas, North Carolina, Colorado, California, and Georgia, accounting for most of its sales. The company also uses its aggregates in its asphalt and ready-mixed concrete businesses. Martin's magnesia specialties business produces magnesia-based chemical products and dolomitic lime.
89GF Score
Get the complete analysis for MLM
3-Year Book Growth Rate is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MLM has been successfully added to your 
