Valued at a market cap of $32.9 billion, Martin Marietta Materials, Inc. (MLM) is a natural resource-based building materials company. Headquartered in Raleigh, North Carolina, the company supplies aggregates and heavy-side building materials to the construction industry internationally.
Companies valued at $10 billion or more are generally classified as “large-cap” stocks, and Martin Marietta Materials fits this criterion perfectly. The company produces construction aggregates like crushed stone, sand, and gravel, which are essential for infrastructure projects, commercial construction, and residential developments. It also manufactures cement, ready-mixed concrete, and asphalt.
