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Martin Marietta MaterialsMLM -1.14%92 EV-to-OCF is 21.34 as of Jul. 21, 2026, which is 8% below its 10-year median of 23.28. GuruFocus rates MLM with a GF Score™ of 92/100 and a GF Value™ of $658.68 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 409 Building Materials companies, Martin Marietta Materials ranks worse than 82.15% on this metric.
The historical rank and industry rank for Martin Marietta Materials's EV-to-OCF or its related term are showing as below:
MLM'
s EV-to-OCF Range Over the Past 10 Years
Min: 13.33 Med: 23.28 Max: 33.53
Current: 21.34
During the past 13 years, the highest EV-to-OCF of Martin Marietta Materials was 33.53. The lowest was 13.33. And the median was 23.28.
MLM's EV-to-OCF is ranked worse than 82.15% of 409
companies
in the Building Materials industry
Industry Median: 8.98
vs MLM: 21.34
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Martin Marietta Materials (NYSE:MLM) EV-to-OCF Explanation
EV-to-OCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Martin Marietta Materials's PE Ratio (TTM) for today is calculated as:
Martin Marietta Materials's share price for today is $547.33.
Martin Marietta Materials's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $41.960.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Cash Flow from Operations is an important financial metric because it represents the cash generated from operating activities at a company's disposal. Companies with a low EV-to-OCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Martin Marietta Materials EV-to-OCF Related Terms
Martin Marietta Materials EV-to-OCF Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Building Materials subindustry, Martin Marietta Materials's EV-to-OCF, along with its competitors' market caps and EV-to-OCF 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 EV-to-OCF vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's EV-to-OCF distribution charts can be found below:
* The bar in red indicates where Martin Marietta Materials's EV-to-OCF falls into.
Martin Marietta Materials's current Enterprise Value is $38,282 Mil.
Martin Marietta Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,794 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Martin Marietta Materials (MLM) has a EV-to-OCF of 21.34 as of Jul. 21, 2026. This is near median its historical median of 23.28. Over the past decade, Martin Marietta Materials' EV-to-OCF has ranged from 13.33 to 33.53. According to the industry distribution chart, Martin Marietta Materials ranks #336 out of 409 companies in the Building Materials industry, placing it in the top 82.2%.
Is Martin Marietta Materials' EV-to-OCF too high?
Martin Marietta Materials' current EV-to-OCF of 21.34 is near median its 10-year median of 23.28. Over the past 10 years, this metric has ranged from a low of 13.33 to a high of 33.53. The Building Materials industry median EV-to-OCF is 8.98. Martin Marietta Materials' value of 21.34 is 137.6% above this industry median. Based on the distribution chart, Martin Marietta Materials ranks #336 out of 409 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Martin Marietta Materials has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Martin Marietta Materials' EV-to-OCF compare to VMC and JHX?
According to the Building Materials industry distribution chart, Martin Marietta Materials ranks #336 out of 409 companies for EV-to-OCF. This places Martin Marietta Materials in the lower half of its industry. The industry median EV-to-OCF is 8.98. Martin Marietta Materials' value of 21.34 is 137.6% above this benchmark. Historically, Martin Marietta Materials' own EV-to-OCF has ranged from 13.33 to 33.53 over the past decade. While the company's 10-year median is 23.28 vs. the industry median of 8.98, 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 EV-to-OCF for a Building Materials company?
The median EV-to-OCF among Building Materials companies is 8.98, based on 409 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-OCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-OCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Martin Marietta Materials's current EV-to-OCF of 21.34 is 137.6% 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 EV-to-OCF mean?
A high EV-to-OCF can signal that a stock is expensive relative to its fundamentals. For the Building Materials industry, the median EV-to-OCF is 8.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Martin Marietta Materials's current EV-to-OCF is 21.34, which is near median its own 10-year median of 23.28. 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 $658.68, compared to a current price of $547.33 — trading 16.9% below its estimated fair value. The current EV-to-OCF is 21.34, which is near median its 10-year median of 23.28 and 137.6% above the Building Materials industry median of 8.98. Martin Marietta Materials' overall GF Score™ is 92/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-OCF calculated?
EV-to-OCF is calculated from a company's financial statements. For Martin Marietta Materials (MLM), the current EV-to-OCF is 21.34 as of Jul. 21, 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 $547.33 is trading 16.9% below its estimated GF Value™ of $658.68.
GuruFocus considers Martin Marietta Materials to be Modestly Undervalued.
Key valuation signals for MLM:
EV-to-OCF: 21.34 (near median its 10-year median of 23.28)
GF Value™: $658.68 vs. price of $547.33 (16.9% below fair value)
Industry Position: 137.6% above the Building Materials median (#336 of 409)
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.
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