MLM (Martin Marietta Materials) Enterprise Value: $38,282 Mil (As of Jul. 21, 2026) ***

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MLM Martin Marietta Materials Inc MLM
92 GF Score
Price $547.33
GF Value $658.68
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Martin Marietta Materials Enterprise Value?

Martin Marietta Materials MLM -1.14% 92 Enterprise Value is $38,282 Mil as of Jul. 21, 2026. 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.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Martin Marietta Materials's Enterprise Value is $38,282 Mil. Martin Marietta Materials's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was $1,487 Mil. Therefore, Martin Marietta Materials's EV-to-EBIT ratio for today is 25.74.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Martin Marietta Materials's Enterprise Value is $38,282 Mil. Martin Marietta Materials's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $2,137 Mil. Therefore, Martin Marietta Materials's EV-to-EBITDA ratio for today is 17.91.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Martin Marietta Materials's Enterprise Value is $38,282 Mil. Martin Marietta Materials's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was $6,552 Mil. Therefore, Martin Marietta Materials's EV-to-Revenue ratio for today is 5.84.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, Martin Marietta Materials's Enterprise Value is $38,282 Mil. Martin Marietta Materials's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was $1,794 Mil. Therefore, Martin Marietta Materials's EV-to-OCF ratio for today is 21.34.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, Martin Marietta Materials's Enterprise Value is $38,282 Mil. Martin Marietta Materials's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $1,034 Mil. Therefore, Martin Marietta Materials's EV-to-FCF ratio for today is 37.02.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


Martin Marietta Materials  (NYSE:MLM) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Martin Marietta Materials's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=38281.920/1487
=25.74

Martin Marietta Materials's current Enterprise Value is $38,282 Mil.
Martin Marietta Materials's EBIT 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 $1,487 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Martin Marietta Materials's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=38281.920/2137
=17.91

Martin Marietta Materials's current Enterprise Value is $38,282 Mil.
Martin Marietta Materials's EBITDA 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 $2,137 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Martin Marietta Materials's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=38281.920/6552
=5.84

Martin Marietta Materials's current Enterprise Value is $38,282 Mil.
Martin Marietta Materials's Revenue 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 $6,552 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

Martin Marietta Materials's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=38281.920/1794
=21.34

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.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

Martin Marietta Materials's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=38281.920/1034
=37.02

Martin Marietta Materials's current Enterprise Value is $38,282 Mil.
Martin Marietta Materials's Free Cash Flow 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 $1,034 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 Enterprise Value Related Terms


Martin Marietta Materials Enterprise Value Historical Data

* Premium members only.

The historical data trend for Martin Marietta Materials's Enterprise Value can be seen below:

* 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 Enterprise Value Chart

Martin Marietta Materials Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 32,766.45 26,060.24 34,299.12 36,700.10 43,192.62

Martin Marietta Materials Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34,530.20 38,692.58 43,859.30 43,192.62 40,764.88

MLM vs VMC, JHX, EXP: Enterprise Value Comparison

For the Building Materials subindustry, Martin Marietta Materials's Enterprise Value, along with its competitors' market caps and Enterprise Value 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 Enterprise Value vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Martin Marietta Materials's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Martin Marietta Materials's Enterprise Value falls into.


MLM
92GF Score
Martin Marietta Materials Inc MLM
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Martin Marietta Materials Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Martin Marietta Materials's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

Martin Marietta Materials's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of $38,282 Mil mean?
Martin Marietta Materials (MLM) has a Enterprise Value of $38,282 Mil as of Jul. 21, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Martin Marietta Materials and its competitors.
Is Martin Marietta Materials' Enterprise Value too high?
Martin Marietta Materials' current Enterprise Value is $38,282 Mil. 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' Enterprise Value compare to VMC and JHX?
Martin Marietta Materials' Enterprise Value of $38,282 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Building Materials company?
A good Enterprise Value depends on the Building Materials industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on Martin Marietta Materials and its competitors. Martin Marietta Materials's current Enterprise Value is $38,282 Mil. 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 Enterprise Value is $38,282 Mil. 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 Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For Martin Marietta Materials (MLM), the current Enterprise Value is $38,282 Mil 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:

  • Enterprise Value: $38,282 Mil
  • GF Value™: $658.68 vs. price of $547.33 (16.9% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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 Business Description

Address 4123 Parklake Avenue, Raleigh, NC, USA, 27612
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.
92GF Score

Get the complete analysis for MLM

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$547.33
Price
$658.68
GF Value