Martin Marietta Materials, Inc. (MLM)
Martin Marietta produces aggregates, cement, and construction materials for infrastructure projects.
Materials stock comparison
MLM vs VMC: which business are you actually underwriting?
Compare Martin Marietta Materials, Inc. with Vulcan Materials Company using their business models, SEC classifications, fiscal calendars, current primary filings, and the research questions that matter. This is a thesis framework—not a price target or automatic winner.
- Sector
- Materials
- Industry
- Same SIC
- Shared themes
- 1
- Updated
- 2026-02-19
MLM vs VMC: quick comparison
| Company fact | MLM | VMC |
|---|---|---|
| Company | Martin Marietta Materials, Inc. | Vulcan Materials Company |
| Exchange | NYSE | NYSE |
| SEC industry | Mining & Quarrying of Nonmetallic Minerals (No Fuels) | Mining & Quarrying of Nonmetallic Minerals (No Fuels) |
| Fiscal year-end | December 31 | December 31 |
| Latest annual filing | 10-K · 2026-02-19 | 10-K · 2026-02-19 |
MLM vs VMC: audited financials
VMC reported about 1.3× the revenue of MLM in the latest audited fiscal year. On profitability, MLM converted a larger share of revenue into net income (18.5% versus 13.6%). Scale and margin are starting facts for the thesis, not the verdict.
| Metric | MLM | VMC |
|---|---|---|
| Revenue | $6.2B | $7.9B |
| Net income | $1.1B | $1.1B |
| Operating cash flow | $1.8B | $1.8B |
| Diluted EPS | $18.77 | $8.11 |
| Net margin | 18.5% | 13.6% |
MLM: FY ending 2025-12-31 · VMC: FY ending 2025-12-31. Figures as tagged in each issuer's SEC XBRL filing; fiscal calendars may not align.
How the businesses differ
Why this pair belongs in the comparison set
MLM and VMC share the SEC industry classification “Mining & Quarrying of Nonmetallic Minerals (No Fuels),” giving the comparison a primary-source operating relationship. A shared classification or theme makes the pair useful for a defined research question; it does not mean the companies have identical products, economics, or risks.
Vulcan Materials Company (VMC)
Vulcan Materials is the largest US producer of crushed stone, sand, and gravel used in construction.
The useful starting point is not which ticker has performed better. It is whether the two companies convert the same economic forces into revenue and cash flow in the same way. MLM is classified by the SEC as Mining & Quarrying of Nonmetallic Minerals (No Fuels), while VMC is classified as Mining & Quarrying of Nonmetallic Minerals (No Fuels). The matching industry code strengthens the peer comparison, although product mix can still differ materially.
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The thesis, the numbers behind it, and what would break it. Full access is $15 a month.
Read the full researchWhich thesis does each company fit?
Use the distinction below to decide which filing deserves deeper work. It is a research routing rule, not a recommendation or prediction.
Study MLM when…
- Chinese industrial and construction demand
- The US dollar and commodity prices
- Energy-transition metals like copper and lithium
- Tariffs and global trade flows
Study VMC when…
- Chinese industrial and construction demand
- The US dollar and commodity prices
- Energy-transition metals like copper and lithium
- Tariffs and global trade flows
Shared research themes
Economic trends
SEC filing comparison and disclosure evidence
Start with primary filings because fiscal calendars and accounting presentation can make superficially similar quarters incomparable.MLM's fiscal year ends December 31, while VMC's ends December 31. Normalize the reporting periods before comparing growth, margins, capital intensity, or guidance.
The current verified House and Senate snapshot contains 14matched transaction rows for MLMand 2 for VMC. These delayed, range-based disclosures can identify a filing to inspect; they do not establish motive, conviction, or a real-time trading signal.
MLM primary filings
VMC primary filings
What this comparison cannot tell you
This page does not contain licensed live prices, a valuation model, earnings estimates, portfolio constraints, or a forecast of future returns. SEC classifications can be broad, company descriptions can lag strategic change, and the latest annual filing may predate a material acquisition or divestiture. Read subsequent quarterly and current reports before making a decision.
A stronger business is not automatically the better stock. Starting valuation, expectations, capital structure, cyclicality, dilution, and the probability of each thesis determine the investment outcome. Use this comparison to frame the work, then verify the numbers in the linked filings and current company disclosures.
More comparisons involving MLM or VMC
MLM vs VMC FAQs
Are MLM and VMC direct competitors?
Martin Marietta Materials, Inc. and Vulcan Materials Company share the SEC industry classification “Mining & Quarrying of Nonmetallic Minerals (No Fuels).” That makes the operating comparison relevant, but it does not prove that every product, customer, or revenue stream competes directly.
Which is better, MLM or VMC?
There is no context-free winner. Compare the operating exposures, filing evidence, valuation, balance sheet, and risks against the specific thesis you are testing. This page deliberately does not turn a static profile into a buy or sell recommendation.
Does this MLM vs VMC comparison include live prices?
No. Yield Theory does not republish unlicensed real-time market data. The financial figures on this page are the audited annual numbers Martin Marietta Materials, Inc. and Vulcan Materials Company tagged in their SEC XBRL filings. Use a regulated broker or licensed quote provider for current prices and valuation multiples.
Where does the company information come from?
Company classifications, fiscal year-ends, and filing links come from the SEC EDGAR submissions API snapshot refreshed 2026-09-25. Business summaries and research themes are maintained by Yield Theory.
Data snapshot: SEC EDGAR submissions API, refreshed 2026-09-25. Independent educational research; not investment advice.
A comparison is the setup. The thesis is the call.
MLM vs VMC shows how the businesses differ. Membership is the monthly sourced view of who could benefit, what could break, and what evidence matters next. $15/month or $150/year.
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