Valued at a market cap of $36.4 billion, Martin Marietta Materials, Inc. (MLM) is a natural resource-based building materials company that supplies aggregates and heavy-side building materials to the construction industry. The North Carolina-based company offers crushed stone, sand, and gravel products, ready mixed concrete and asphalt, paving products and services, and Portland and specialty cement.
Shares of this building materials provider have underperformed the broader market over the past 52 weeks. MLM has gained 27.9% over this time frame, while the broader S&P 500 Index ($SPX) has soared 31.8%. Moreover, on a YTD basis, the stock is up 19.4%, compared to SPX’s 25.8% gains.
