Professional
Added to YB: 2024-08-27
Pitch date: 2024-06-30
MLM [bullish]
Martin Marietta Materials, Inc.
-0.25%
current return
Author Info
No bio for this author
Company Info
Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally.
Market Cap
$34.6B
Pitch Price
$539.31
Price Target
N/A
Dividend
0.58%
EV/EBITDA
17.72
P/E
36.11
EV/Sales
6.31
Sector
Construction Materials
Category
growth
Baron Real Estate Fund New Position: Martin Marietta Materials, Inc.
MLM: Leading aggregates producer (77% GP) with local dominance. High barriers, 75+ years reserves, 4% annual price growth. Bullish on infrastructure spending (IIJA), residential/non-residential construction growth, strong pricing power, and margin expansion. Multi-year growth prospects attractive.
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