PWR vs. MLM
PWR (Quanta Services, Inc.) and MLM (Martin Marietta Materials, Inc.) are both stocks. PWR operates in Engineering & Construction (Industrials), while MLM operates in Building Materials (Basic Materials). Over the past 10 years, PWR returned 40.93%/yr vs 12.89%/yr for MLM. At a 0.42 correlation, their price movements are largely independent.
Performance
PWR vs. MLM - Performance Comparison
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Returns By Period
In the year-to-date period, PWR achieves a 69.64% return, which is significantly higher than MLM's -6.10% return. Over the past 10 years, PWR has outperformed MLM with an annualized return of 40.93%, while MLM has yielded a comparatively lower 12.89% annualized return.
PWR
- 1D
- 1.36%
- 1M
- -5.50%
- YTD
- 69.64%
- 6M
- 57.01%
- 1Y
- 100.95%
- 3Y*
- 58.60%
- 5Y*
- 50.60%
- 10Y*
- 40.93%
MLM
- 1D
- 1.08%
- 1M
- -3.20%
- YTD
- -6.10%
- 6M
- -5.06%
- 1Y
- 7.47%
- 3Y*
- 12.64%
- 5Y*
- 11.32%
- 10Y*
- 12.89%
PWR vs. MLM - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
PWR Quanta Services, Inc. | 69.64% | 33.70% | 46.60% | 51.70% | 24.63% | 59.50% | 77.74% | 35.84% | -22.93% | 12.22% |
MLM Martin Marietta Materials, Inc. | -6.10% | 21.25% | 4.08% | 48.62% | -22.73% | 56.11% | 2.57% | 64.18% | -21.55% | 0.57% |
Correlation
The correlation between PWR and MLM is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.32 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.44 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.50 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.49 |
Correlation (All Time) Calculated using the full available price history since Feb 13, 1998 | 0.42 |
The correlation between PWR and MLM shifts across timeframes, from 0.32 (1 year) to 0.50 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
PWR:
$108.84B
MLM:
$35.22B
PWR:
$7.29
MLM:
$18.20
PWR:
98.17
MLM:
32.03
PWR:
4.86
MLM:
1.43
PWR:
3.62
MLM:
5.38
PWR:
12.03
MLM:
3.12
PWR:
$29.99B
MLM:
$6.55B
PWR:
$4.08B
MLM:
$1.94B
PWR:
$2.40B
MLM:
$1.96B
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Return for Risk
PWR vs. MLM — Risk / Return Rank
PWR
MLM
PWR vs. MLM - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Quanta Services, Inc. (PWR) and Martin Marietta Materials, Inc. (MLM). 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.
| PWR | MLM | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.51 | ||
| Sortino ratioReturn per unit of downside risk | +2.94 | ||
| Omega ratioGain probability vs. loss probability | 1.47 | 1.07 | +0.40 |
| Calmar ratioReturn relative to maximum drawdown | 8.15 | 0.30 | +7.85 |
| Martin ratioReturn relative to average drawdown | 20.17 | 0.84 | +19.33 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| PWR | MLM | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.81 | 0.31 | +2.51 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.43 | 0.43 | +1.00 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 1.22 | 0.42 | +0.80 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.35 | 0.36 | -0.01 |
Drawdowns
PWR vs. MLM - Drawdown Comparison
The maximum PWR drawdown since its inception was -97.07%, which is greater than MLM's maximum drawdown of -63.73%. Use the drawdown chart below to compare losses from any high point for PWR and MLM.
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Drawdown Indicators
| PWR | MLM | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -97.07% | -63.73% | -33.34% |
Max Drawdown (1Y)Largest decline over 1 year | -12.45% | -24.69% | +12.24% |
Max Drawdown (3Y)Largest decline over 3 years | -33.89% | -26.78% | -7.11% |
Max Drawdown (5Y)Largest decline over 5 years | -33.89% | -32.75% | -1.14% |
Max Drawdown (10Y)Largest decline over 10 years | -45.53% | -48.34% | +2.81% |
Current DrawdownCurrent decline from peak | -8.86% | -17.43% | +8.57% |
Average DrawdownAverage peak-to-trough decline | -46.88% | -21.46% | -25.42% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.02% | 8.95% | -3.93% |
Volatility
PWR vs. MLM - Volatility Comparison
Quanta Services, Inc. (PWR) has a higher volatility of 11.90% compared to Martin Marietta Materials, Inc. (MLM) at 8.90%. This indicates that PWR's price experiences larger fluctuations and is considered to be riskier than MLM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| PWR | MLM | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 11.90% | 8.90% | +3.00% |
Volatility (6M)Calculated over the trailing 6-month period | 29.40% | 20.33% | +9.07% |
Volatility (1Y)Calculated over the trailing 1-year period | 36.23% | 24.57% | +11.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 35.60% | 26.55% | +9.05% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 33.69% | 30.74% | +2.95% |
Dividends
PWR vs. MLM - Dividend Comparison
PWR's dividend yield for the trailing twelve months is around 0.06%, less than MLM's 0.57% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
MLM Martin Marietta Materials, Inc. | 0.57% | 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
PWR vs. MLM - Financials Comparison
This section allows you to compare key financial metrics between Quanta Services, Inc. and Martin Marietta Materials, 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
PWR vs. MLM - Profitability Comparison
PWR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a gross profit of 1.11B and revenue of 7.87B. Therefore, the gross margin over that period was 14.1%.
MLM - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Martin Marietta Materials, Inc. reported a gross profit of 310.00M and revenue of 1.36B. Therefore, the gross margin over that period was 22.8%.
PWR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported an operating income of 338.78M and revenue of 7.87B, resulting in an operating margin of 4.3%.
MLM - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Martin Marietta Materials, Inc. reported an operating income of 162.00M and revenue of 1.36B, resulting in an operating margin of 11.9%.
PWR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Quanta Services, Inc. reported a net income of 220.63M and revenue of 7.87B, resulting in a net margin of 2.8%.
MLM - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Martin Marietta Materials, Inc. reported a net income of 79.00M and revenue of 1.36B, resulting in a net margin of 5.8%.
Frequently Asked Questions
PWR and MLM have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
PWR has higher volatility (11.90%) compared to MLM (8.90%). In terms of maximum drawdown, PWR dropped -97.07% vs MLM's -63.73%.
PWR currently has the higher Sharpe Ratio (2.81 vs 0.31), 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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