Martin Marietta Materials (MLM) Return on Invested Capital [ROIC] (2010 - 2026)
Martin Marietta Materials' Return on Invested Capital [ROIC] came in at 6.45% for Q2 2026, down 0.92 percentage points from 7.38% a year earlier and down 0.64 percentage points from the prior quarter.
Martin Marietta Materials (MLM) Return on Invested Capital [ROIC] (2010 - 2026) Analysis & Trends
For FY2025, Martin Marietta Materials' Return on Invested Capital [ROIC] was 7.68%, down 6.29 percentage points from FY2024.
- Return on Invested Capital [ROIC] carries a five-year change of -2.12 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 13.96% in FY2024 (+5.19 pp), 8.77% in FY2023 (+0.83 pp), 7.94% in FY2022 (+0.01 pp) and 7.93% in FY2021 (-1.86 pp).
- The Q2 2026 figure represents the lowest quarterly Return on Invested Capital [ROIC] since Q4 2015.
- Year-over-year, Return on Invested Capital [ROIC] has declined for six consecutive quarters, with an average year-over-year change of -2.43 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q1 2024 (a gain of 6.77 percentage points), and the weakest in Q1 2025 (a drop of 8.15 percentage points).
- Business Quant data shows MLM's Return on Invested Capital [ROIC] at 7.09% (Q1 2026), 7.59% (Q4 2025) and 7.74% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Crh Public | 54.58 Bn | 41.08 Bn | 4.29 Bn | 9.68% |
| 2 | Vulcan Materials | 31.47 Bn | 30.78 Bn | 625.50 Mn | 9.94% |
| 3 | Martin Marietta Materials | 28.98 Bn | 28.48 Bn | 495.00 Mn | 6.45% |
| 4 | Amrize | 20.48 Bn | 15.90 Bn | 993.00 Mn | 7.71% |
| 5 | Cemex Sab De Cv | 13.85 Bn | 13.85 Bn | 1.62 Bn | - |
| 6 | Eagle Materials | 5.28 Bn | 4.29 Bn | 161.25 Mn | 12.88% |
| 7 | Knife River | 2.86 Bn | 2.47 Bn | 162.77 Mn | 6.49% |
| 8 | Titan America | 2.47 Bn | 1.95 Bn | 113.15 Mn | 15.97% |
| 9 | Loma Negra Compania Industrial Argentina Sociedad Anonima | 1.07 Bn | -45.51 Bn | - | - |
| 10 | Cementos Pacasmayo Saa | 1.05 Bn | 371.83 Mn | 221.13 Mn | 20.47% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 6.45% |
| Mar 31, 2026 | 7.09% |
| Dec 31, 2025 | 7.59% |
| Sep 30, 2025 | 7.74% |
| Jun 30, 2025 | 7.38% |
| Mar 31, 2025 | 7.24% |
| Dec 31, 2024 | 14.02% |
| Sep 30, 2024 | 13.56% |
| Jun 30, 2024 | 14.53% |
| Mar 31, 2024 | 15.39% |
| Dec 31, 2023 | 8.79% |
| Sep 30, 2023 | 9.62% |
| Jun 30, 2023 | 8.52% |
| Mar 31, 2023 | 8.63% |
| Dec 31, 2022 | 7.83% |
| Sep 30, 2022 | 7.80% |
| Jun 30, 2022 | 7.67% |
| Mar 31, 2022 | 6.63% |
| Dec 31, 2021 | 6.92% |
| Sep 30, 2021 | 7.98% |
Martin Marietta Materials Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MLM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MLM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=MLM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();