Martin Marietta Materials, Inc. (NYSE:MLM) is a leading supplier of construction aggregates in the United States. The company operates profitably with decent margins and moderate debt levels. The stock price surged higher this year, but the outlook is for slower construction spending heading into 2023, so I’ll stay on the sidelines.
Financials
Martin Marietta is a profitable company that has produced solid growth over the last decade. The company operates with a profit margin of 12% and a return on equity of 10%. Martin Marietta operates with moderate debt. The company’s total liabilities