MLM vs. PWR

Last updated Apr 1, 2026

Compare and contrast key facts about Martin Marietta Materials, Inc. (MLM) and Quanta Services, Inc. (PWR).

Performance

MLM vs. PWR - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Martin Marietta Materials, Inc. (MLM) and Quanta Services, Inc. (PWR). The values are adjusted to include any dividend payments, if applicable.

MLM vs. PWR - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
MLM Martin Marietta Materials, Inc.	-5.34%	21.25%	4.08%	48.62%	-22.73%	56.11%	2.57%	64.18%	-21.55%	0.57%
PWR Quanta Services, Inc.	30.11%	33.70%	46.60%	51.70%	24.63%	59.50%	77.74%	35.84%	-22.93%	12.22%

Fundamentals

Market Cap MLM : $35.62B PWR : $83.28B
EPS MLM : $18.81 PWR : $6.79
PE Ratio MLM : 31.29 PWR : 80.81
PEG Ratio MLM : 1.40 PWR : 4.00
PS Ratio MLM : 5.44 PWR : 2.93
PB Ratio MLM : 3.55 PWR : 9.32
Total Revenue (TTM) MLM : $6.54B PWR : $28.35B
Gross Profit (TTM) MLM : $1.96B PWR : $3.69B
EBITDA (TTM) MLM : $2.19B PWR : $2.61B

Returns By Period

In the year-to-date period, MLM achieves a -5.34% return, which is significantly lower than PWR's 30.11% return. Over the past 10 years, MLM has underperformed PWR with an annualized return of 14.62%, while PWR has yielded a comparatively higher 37.93% annualized return.

MLM

• 1D: 2.63%
• 1M: -12.88%
• YTD: -5.34%
• 6M: -6.36%
• 1Y: 23.78%
• 3Y*: 19.04%
• 5Y*: 12.70%
• 10Y*: 14.62%

PWR

• 1D: 2.86%
• 1M: -2.50%
• YTD: 30.11%
• 6M: 32.55%
• 1Y: 116.24%
• 3Y*: 49.01%
• 5Y*: 44.09%
• 10Y*: 37.93%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

MLM vs. PWR — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

MLM

MLM Risk / Return Rank: 69
MLM Sharpe Ratio Rank: 74
MLM Sortino Ratio Rank: 67
MLM Omega Ratio Rank: 64
MLM Calmar Ratio Rank: 67
MLM Martin Ratio Rank: 73

PWR

PWR Risk / Return Rank: 97
PWR Sharpe Ratio Rank: 98
PWR Sortino Ratio Rank: 96
PWR Omega Ratio Rank: 95
PWR Calmar Ratio Rank: 99
PWR Martin Ratio Rank: 98

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

MLM vs. PWR - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Martin Marietta Materials, Inc. (MLM) and Quanta Services, Inc. (PWR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	MLM	PWR	Difference
Sharpe ratio Return per unit of total volatility	0.96	3.29	-2.33
Sortino ratio Return per unit of downside risk	1.42	3.82	-2.40
Omega ratio Gain probability vs. loss probability	1.18	1.52	-0.34
Calmar ratio Return relative to maximum drawdown	1.15	9.96	-8.81
Martin ratio Return relative to average drawdown	4.01	24.49	-20.48
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

MLM vs. PWR - Sharpe Ratio Comparison

The current MLM Sharpe Ratio is 0.96, which is lower than the PWR Sharpe Ratio of 3.29. The chart below compares the historical Sharpe Ratios of MLM and PWR, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	MLM	PWR	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	3.29	-2.33
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	1.28	-0.80
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	1.15	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.33	+0.03

Correlation

The correlation between MLM and PWR is 0.42, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

MLM vs. PWR - Dividend Comparison

MLM's dividend yield for the trailing twelve months is around 0.56%, more than PWR's 0.07% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
MLM Martin Marietta Materials, Inc.	0.56%	0.52%	0.59%	0.56%	0.75%	0.54%	0.79%	0.74%	1.07%	0.78%	0.74%	1.17%
PWR Quanta Services, Inc.	0.07%	0.09%	0.09%	0.15%	0.25%	0.16%	0.29%	0.42%	0.13%	0.00%	0.00%	0.00%

Drawdowns

MLM vs. PWR - Drawdown Comparison

The maximum MLM drawdown since its inception was -63.73%, smaller than the maximum PWR drawdown of -97.07%. Use the drawdown chart below to compare losses from any high point for MLM and PWR.

Drawdown Indicators

	MLM	PWR	Difference
Max Drawdown Largest peak-to-trough decline	-63.73%	-97.07%	+33.34%
Max Drawdown (1Y) Largest decline over 1 year	-20.72%	-11.66%	-9.06%
Max Drawdown (5Y) Largest decline over 5 years	-32.75%	-33.89%	+1.14%
Max Drawdown (10Y) Largest decline over 10 years	-48.34%	-45.53%	-2.81%
Current Drawdown Current decline from peak	-16.76%	-5.09%	-11.67%
Average Drawdown Average peak-to-trough decline	-21.49%	-47.15%	+25.66%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.93%	4.74%	+1.19%

Volatility

MLM vs. PWR - Volatility Comparison

The current volatility for Martin Marietta Materials, Inc. (MLM) is 8.45%, while Quanta Services, Inc. (PWR) has a volatility of 11.17%. This indicates that MLM experiences smaller price fluctuations and is considered to be less risky than PWR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLM	PWR	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.45%	11.17%	-2.72%
Volatility (6M) Calculated over the trailing 6-month period	18.50%	26.43%	-7.93%
Volatility (1Y) Calculated over the trailing 1-year period	25.00%	35.55%	-10.55%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.42%	34.66%	-8.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.65%	33.20%	-2.55%

Financials

MLM vs. PWR - Profitability Comparison

The chart below illustrates the profitability comparison between Martin Marietta Materials, Inc. and Quanta Services, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

MLM - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Martin Marietta Materials, Inc. reported a gross profit of 468.00M and revenue of 1.53B. Therefore, the gross margin over that period was 30.5%.

PWR - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Quanta Services, Inc. reported a gross profit of 985.00M and revenue of 7.84B. Therefore, the gross margin over that period was 12.6%.

MLM - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Martin Marietta Materials, Inc. reported an operating income of 365.00M and revenue of 1.53B, resulting in an operating margin of 23.8%.

PWR - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Quanta Services, Inc. reported an operating income of 485.00M and revenue of 7.84B, resulting in an operating margin of 6.2%.

MLM - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Martin Marietta Materials, Inc. reported a net income of 279.00M and revenue of 1.53B, resulting in a net margin of 18.2%.

PWR - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Quanta Services, Inc. reported a net income of 315.50M and revenue of 7.84B, resulting in a net margin of 4.0%.