MLM vs. TPC

Last updated Apr 1, 2026

Compare and contrast key facts about Martin Marietta Materials, Inc. (MLM) and Tutor Perini Corporation (TPC).

Performance

MLM vs. TPC - Performance Comparison

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

MLM vs. TPC - 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%
TPC Tutor Perini Corporation	15.27%	177.18%	165.93%	20.53%	-38.97%	-4.48%	0.70%	-19.47%	-37.00%	-9.46%

Fundamentals

Market Cap MLM : $35.62B TPC : $4.15B
EPS MLM : $18.81 TPC : $4.97
PE Ratio MLM : 31.29 TPC : 15.54
PS Ratio MLM : 5.44 TPC : 0.75
PB Ratio MLM : 3.55 TPC : 3.41
Total Revenue (TTM) MLM : $6.54B TPC : $5.54B
Gross Profit (TTM) MLM : $1.96B TPC : $647.52M
EBITDA (TTM) MLM : $2.19B TPC : $286.91M

Returns By Period

In the year-to-date period, MLM achieves a -5.34% return, which is significantly lower than TPC's 15.27% return. Over the past 10 years, MLM has underperformed TPC with an annualized return of 14.62%, while TPC has yielded a comparatively higher 17.68% 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%

TPC

• 1D: 5.99%
• 1M: 2.50%
• YTD: 15.27%
• 6M: 17.89%
• 1Y: 233.57%
• 3Y*: 132.28%
• 5Y*: 32.43%
• 10Y*: 17.68%

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

Return for Risk

MLM vs. TPC — 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

TPC

TPC Risk / Return Rank: 98
TPC Sharpe Ratio Rank: 99
TPC Sortino Ratio Rank: 98
TPC Omega Ratio Rank: 97
TPC Calmar Ratio Rank: 98
TPC Martin Ratio Rank: 99

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. TPC - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Martin Marietta Materials, Inc. (MLM) and Tutor Perini Corporation (TPC). 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	TPC	Difference
Sharpe ratio Return per unit of total volatility	0.96	4.34	-3.39
Sortino ratio Return per unit of downside risk	1.42	4.54	-3.12
Omega ratio Gain probability vs. loss probability	1.18	1.63	-0.45
Calmar ratio Return relative to maximum drawdown	1.15	9.48	-8.33
Martin ratio Return relative to average drawdown	4.01	30.66	-26.64
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. TPC - Sharpe Ratio Comparison

The current MLM Sharpe Ratio is 0.96, which is lower than the TPC Sharpe Ratio of 4.34. The chart below compares the historical Sharpe Ratios of MLM and TPC, 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	TPC	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.96	4.34	-3.39
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.48	0.60	-0.11
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.48	0.27	+0.21
Sharpe Ratio (All Time) Calculated using the full available price history	0.37	0.14	+0.23

Correlation

The correlation between MLM and TPC is 0.32, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

MLM vs. TPC - Dividend Comparison

MLM's dividend yield for the trailing twelve months is around 0.56%, more than TPC's 0.16% 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%
TPC Tutor Perini Corporation	0.16%	0.09%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

MLM vs. TPC - Drawdown Comparison

The maximum MLM drawdown since its inception was -63.73%, smaller than the maximum TPC drawdown of -95.89%. Use the drawdown chart below to compare losses from any high point for MLM and TPC.

Drawdown Indicators

	MLM	TPC	Difference
Max Drawdown Largest peak-to-trough decline	-63.73%	-95.89%	+32.16%
Max Drawdown (1Y) Largest decline over 1 year	-20.72%	-24.13%	+3.41%
Max Drawdown (5Y) Largest decline over 5 years	-32.75%	-73.94%	+41.19%
Max Drawdown (10Y) Largest decline over 10 years	-48.34%	-91.02%	+42.68%
Current Drawdown Current decline from peak	-16.76%	-13.57%	-3.19%
Average Drawdown Average peak-to-trough decline	-21.49%	-52.11%	+30.62%
Ulcer Index Depth and duration of drawdowns from previous peaks	5.93%	7.46%	-1.53%

Volatility

MLM vs. TPC - Volatility Comparison

The current volatility for Martin Marietta Materials, Inc. (MLM) is 8.45%, while Tutor Perini Corporation (TPC) has a volatility of 15.85%. This indicates that MLM experiences smaller price fluctuations and is considered to be less risky than TPC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	MLM	TPC	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.45%	15.85%	-7.40%
Volatility (6M) Calculated over the trailing 6-month period	18.50%	33.75%	-15.25%
Volatility (1Y) Calculated over the trailing 1-year period	25.00%	54.20%	-29.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.42%	54.81%	-28.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	30.65%	65.34%	-34.69%

Financials

MLM vs. TPC - Profitability Comparison

The chart below illustrates the profitability comparison between Martin Marietta Materials, Inc. and Tutor Perini Corporation 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%.

TPC - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tutor Perini Corporation reported a gross profit of 147.72M and revenue of 1.51B. Therefore, the gross margin over that period was 9.8%.

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%.

TPC - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tutor Perini Corporation reported an operating income of 50.11M and revenue of 1.51B, resulting in an operating margin of 3.3%.

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%.

TPC - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tutor Perini Corporation reported a net income of 214.33M and revenue of 1.51B, resulting in a net margin of 14.2%.