Headquartered in Raleigh, North Carolina, Martin Marietta Materials, Inc. (MLM) is a natural resource-based building materials company that supplies aggregates and heavy-side building materials to the construction industry. Valued at a market cap of $33.9 billion, the company’s core products include crushed stone, sand, gravel, cement, ready-mixed concrete, asphalt, and paving services.
Shares of this building materials company have lagged behind the broader market over the past 52 weeks. MLM has declined 2.1% over this time frame, while the broader S&P 500 Index ($SPX) has gained 10.2%. Nonetheless, on a YTD basis, the stock is up 8.8%, outperforming SPX’s 1.3% loss.
