Raleigh, North Carolina-based Martin Marietta Materials, Inc. (MLM) is a natural resource-based building materials company that supplies aggregates and building materials to the construction industry. With a market cap of $31.7 billion, Martin Marietta’s operations span the U.S. and internationally.
The building materials provider has underperformed the broader market over the past year. Over the past 52 weeks, MLM gained 17.5%, lagging behind the S&P 500 Index’s ($SPX) 24.3 returns. In 2024, MLM is up 5% compared to SPX’s 17.2% gains on a YTD basis.
