With a market cap of $40.7 billion, Martin Marietta Materials, Inc. (MLM) is a leading natural resource–based building materials company supplying aggregates, cement, ready-mixed concrete, asphalt, and paving services to infrastructure, nonresidential, and residential construction markets in the U.S. and internationally. It also produces magnesia-based chemical products and dolomitic lime used in steelmaking, environmental applications, and soil stabilization.
Shares of the Raleigh, North Carolina-based company have outperformed the broader market over the past 52 weeks. MLM stock has increased 29.7% over this time frame, while the broader S&P 500 Index ($SPX) has gained 11.7%. Moreover, shares of the company have risen 8.5% on a YTD basis, outpacing SPX's marginal return.
