MLM vs. PWR
MLM (Martin Marietta Materials, Inc.) and PWR (Quanta Services, Inc.) are both stocks. MLM operates in Building Materials (Basic Materials), while PWR operates in Engineering & Construction (Industrials). Over the past 10 years, MLM returned 11.04%/yr vs 39.06%/yr for PWR. Their 0.41 correlation means their historical movements had little consistent relationship.
Performance
MLM vs. PWR - Performance Comparison
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Returns By Period
In the year-to-date period, MLM achieves a -15.44% return, which is significantly lower than PWR's 58.22% return. Over the past 10 years, MLM has underperformed PWR with an annualized return of 11.04%, while PWR has yielded a comparatively higher 39.06% annualized return.
MLM
- 1D
- -2.75%
- 1M
- -12.39%
- 6M
- -19.24%
- YTD
- -15.44%
- 1Y
- -8.64%
- 3Y*
- 5.63%
- 5Y*
- 8.31%
- 10Y*
- 11.04%
- ALL TIME*
- 11.18%
PWR
- 1D
- 1.43%
- 1M
- -0.14%
- 6M
- 40.66%
- YTD
- 58.22%
- 1Y
- 69.02%
- 3Y*
- 49.15%
- 5Y*
- 49.23%
- 10Y*
- 39.06%
- ALL TIME*
- 17.25%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $387.00M | $344.59M | $345.90M | |
| $832.20M | $746.35M | $898.56M |
MLM vs. PWR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
MLM Martin Marietta Materials, Inc. | -15.44% | 21.25% | 4.08% | 48.62% | -22.73% | 56.11% | 2.57% | 64.18% | -21.55% | 0.57% |
PWR Quanta Services, Inc. | 58.22% | 33.70% | 46.60% | 51.70% | 24.63% | 59.50% | 77.74% | 35.84% | -22.93% | 12.22% |
Correlation
The correlation between MLM and PWR is 0.26, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.26 |
Correlation (3Y) Balances recent behavior with more history. | 0.41 |
Correlation (5Y) Shows whether the relationship held over a longer period. | 0.46 |
Correlation (10Y) Provides a long-term view across more market conditions. | 0.47 |
Correlation (All Time) Calculated using the full available price history since Feb 12, 1998 | 0.41 |
The correlation between MLM and PWR shifts across timeframes, from 0.26 (1 year) to 0.47 (10 years), reflecting how their relationship changes across market environments.
Fundamentals
MLM:
$31.53B
PWR:
$100.14B
MLM:
$40.78
PWR:
$8.81
MLM:
12.88
PWR:
75.79
MLM:
0.58
PWR:
3.76
MLM:
4.74
PWR:
3.09
MLM:
2.74
PWR:
10.56
MLM:
$6.69B
PWR:
$32.78B
MLM:
$1.89B
PWR:
$4.73B
MLM:
$1.88B
PWR:
$3.04B
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Return for Risk
MLM vs. PWR — Risk / Return Rank
MLM
PWR
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MLM | PWR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.80 | ||
| Sortino ratioReturn per unit of downside risk | -2.52 | ||
| Omega ratioGain probability vs. loss probability | 0.97 | 1.29 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.32 | 2.27 | -2.59 |
| Martin ratioReturn relative to average drawdown | -0.71 | 9.09 | -9.80 |
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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.
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Drawdown Indicators
| MLM | PWR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -63.73% | -97.07% | +33.34% |
Max Drawdown (1Y)Largest decline over 1 year | -25.64% | -28.53% | +2.89% |
Max Drawdown (3Y)Largest decline over 3 years | -26.78% | -33.89% | +7.11% |
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 DrawdownCurrent decline from peak | -25.64% | -15.00% | -10.64% |
Average DrawdownAverage peak-to-trough decline | -21.64% | -46.69% | +25.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 11.58% | 7.35% | +4.23% |
Volatility
MLM vs. PWR - Volatility Comparison
The current volatility for Martin Marietta Materials, Inc. (MLM) is 10.38%, while Quanta Services, Inc. (PWR) has a volatility of 19.77%. 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.
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Volatility by Period
| MLM | PWR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 10.38% | 19.77% | -9.39% |
Volatility (6M)Calculated over the trailing 6-month period | 23.05% | 35.51% | -12.46% |
Volatility (1Y)Calculated over the trailing 1-year period | 27.71% | 43.07% | -15.36% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 27.03% | 37.03% | -10.00% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 30.94% | 34.42% | -3.48% |
Dividends
MLM vs. PWR - Dividend Comparison
MLM's dividend yield for the trailing twelve months is around 0.63%, more than PWR's 0.06% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLM Martin Marietta Materials, Inc. | 0.63% | 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. | 0.06% | 0.09% | 0.09% | 0.15% | 0.25% | 0.16% | 0.29% | 0.42% | 0.13% | 0.00% | 0.00% | 0.00% |
Financials
MLM vs. PWR - Financials Comparison
This section allows you to compare key financial metrics between Martin Marietta Materials, Inc. and Quanta Services, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
MLM vs. PWR - Profitability Comparison
MLM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Martin Marietta Materials, Inc. reported a gross profit of 495.00M and revenue of 1.95B. Therefore, the gross margin over that period was 25.4%.
PWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Aug 2026, Quanta Services, Inc. reported a gross profit of 1.55B and revenue of 9.56B. Therefore, the gross margin over that period was 16.2%.
MLM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Martin Marietta Materials, Inc. reported an operating income of 379.00M and revenue of 1.95B, resulting in an operating margin of 19.5%.
PWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Aug 2026, Quanta Services, Inc. reported an operating income of 694.83M and revenue of 9.56B, resulting in an operating margin of 7.3%.
MLM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Martin Marietta Materials, Inc. reported a net income of 256.00M and revenue of 1.95B, resulting in a net margin of 13.2%.
PWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Aug 2026, Quanta Services, Inc. reported a net income of 451.38M and revenue of 9.56B, resulting in a net margin of 4.7%.
Frequently Asked Questions
MLM and PWR have a correlation of 0.26, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PWR has higher volatility (19.77%) compared to MLM (10.38%). In terms of maximum drawdown, MLM dropped -63.73% vs PWR's -97.07%.
PWR currently has the higher Sharpe Ratio (1.51 vs -0.30), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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