EQX vs. MLM: Equinox Gold vs. Martin Marietta Materials Stock Comparison
How do Equinox Gold (EQX) and Martin Marietta Materials (MLM) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Equinox Gold (EQX) and Martin Marietta Materials (MLM) both fall under the Materials industry group, but EQX is classified in Metals & Mining while MLM is classified in Construction Materials.
| Profile Item | EQX | MLM |
|---|---|---|
| Name | Equinox Gold Corp. | Martin Marietta Materials, Inc. |
| Country/Region | Canada | United States |
| GICS Sector | Materials | Materials |
| GICS Industry Group | Materials | Materials |
| GICS Industry | Metals & Mining | Construction Materials |
| GICS Sub-Industry | Gold | Construction Materials |
| Market Capitalization | 13.45 billion USD | 36.85 billion USD |
| Currency | USD | USD |
| Exchange | NYSE American | NYSE |
| Listing Date | January 2, 2019 | February 17, 1994 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | EQX | MLM |
|---|---|---|
| Total Return (1Y) | 1.87% | -12.23% |
| Total Return (3Y, Annualized) | 37.49% | 6.32% |
| Total Return (5Y, Annualized) | 8.54% | 5.43% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Equinox Gold (EQX) is heavily traded at around 12.60M shares per day, whereas Martin Marietta Materials (MLM) sees a more moderate 805.11K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | EQX | MLM |
|---|---|---|
| Volatility (1Y, Annualized) | 63.25% | 29.72% |
| Beta (5Y) | 1.25 | 1.02 |
| Max Drawdown (5Y) | -71.57% | -33.19% |
| Avg. Volume (3M) | 12.60M | 805.11K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | EQX | MLM |
|---|---|---|
| Sharpe Ratio (1Y) | -0.04 | -0.56 |
| Sortino Ratio (1Y) | -0.06 | -0.75 |
Profitability
ROE (TTM)
Both Equinox Gold (EQX) at 8.47% and Martin Marietta Materials (MLM) at 6.02% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
EQX
Materials industry group
8.47%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- EQX
- 8.47%
- Q1
- -3.41%
- Min
- -32.81%
MLM
Materials industry group
6.02%
- Max
- 52.88%
- Q3
- 19.49%
- Median
- 8.76%
- MLM
- 6.02%
- Q1
- -3.41%
- Min
- -32.81%
Net Margin (TTM)
For every dollar of sales, both Equinox Gold (EQX) at 28.09% and Martin Marietta Materials (MLM) at 31.88% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
EQX
Materials industry group
28.09%
- Max
- 38.66%
- EQX
- 28.09%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
MLM
Materials industry group
31.88%
- Max
- 38.66%
- MLM
- 31.88%
- Q3
- 15.98%
- Median
- 5.28%
- Q1
- 0.00%
- Min
- -20.40%
Operating Margin (TTM)
Equinox Gold (EQX) at 32.14% operates in the top operating margin quartile, ahead of Martin Marietta Materials (MLM) at 22.29%, which runs around its industry’s norm.
EQX
Materials industry group
32.14%
- Max
- 66.70%
- EQX
- 32.14%
- Q3
- 28.92%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
MLM
Materials industry group
22.29%
- Max
- 66.70%
- Q3
- 28.92%
- MLM
- 22.29%
- Median
- 12.56%
- Q1
- 3.28%
- Min
- -14.07%
Profitability Metrics
| Metric | EQX | MLM |
|---|---|---|
| ROE (TTM) | 8.47% | 6.02% |
| ROA (TTM) | 6.74% | 3.27% |
| Net Margin (TTM) | 28.09% | 31.88% |
| Operating Margin (TTM) | 32.14% | 22.29% |
| Gross Margin (TTM) | 57.60% | 26.74% |
Growth
Revenue Growth
Equinox Gold (EQX) at 99.07% clears its industry range for revenue growth, far stronger top-line momentum than Martin Marietta Materials (MLM) at 8.62%, which is closer to a typical peer reading.
EPS Growth
Both Equinox Gold (EQX) at -53.33% and Martin Marietta Materials (MLM) at -42.09% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | EQX | MLM |
|---|---|---|
| Revenue Growth (YoY) | 99.07% | 8.62% |
| Revenue Growth (3Y CAGR) | 24.04% | -0.06% |
| EPS Growth (YoY) | -53.33% | -42.09% |
| EPS Growth (3Y CAGR) | -- | 10.61% |
Financial Strength
Current Ratio (MRQ)
Martin Marietta Materials (MLM) at 1.63 keeps current ratio within its industry’s typical mid-range, while Equinox Gold (EQX) at 1.33 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for EQX.
EQX
Materials industry group
1.33
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- EQX
- 1.33
- Min
- 0.16
MLM
Materials industry group
1.63
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- MLM
- 1.63
- Q1
- 1.45
- Min
- 0.16
Debt / Equity (MRQ)
Both Equinox Gold (EQX) at 0.13 and Martin Marietta Materials (MLM) at 0.75 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
EQX
Materials industry group
0.13
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- EQX
- 0.13
- Q1
- 0.13
- Min
- 0.00
MLM
Materials industry group
0.75
- Max
- 1.98
- Q3
- 0.89
- MLM
- 0.75
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
Financial Strength Metrics
| Metric | EQX | MLM |
|---|---|---|
| Current Ratio (MRQ) | 1.33 | 1.63 |
| Debt / Equity (MRQ) | 0.13 | 0.75 |
| Net Debt / EBITDA | 0.21 | 5.88 |
Dividends
Dividend Yield (TTM)
Both Equinox Gold (EQX) at 0.27% and Martin Marietta Materials (MLM) at 0.63% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
EQX
Materials industry group
0.27%
- Max
- 4.52%
- Q3
- 1.85%
- Median
- 0.38%
- EQX
- 0.27%
- Q1
- 0.00%
- Min
- 0.00%
MLM
Materials industry group
0.63%
- Max
- 4.52%
- Q3
- 1.85%
- MLM
- 0.63%
- Median
- 0.38%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Equinox Gold (EQX) at 6.25% and Martin Marietta Materials (MLM) at 24.85% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
EQX
Materials industry group
6.25%
- Max
- 83.62%
- Q3
- 41.37%
- Median
- 9.54%
- EQX
- 6.25%
- Q1
- 0.00%
- Min
- 0.00%
MLM
Materials industry group
24.85%
- Max
- 83.62%
- Q3
- 41.37%
- MLM
- 24.85%
- Median
- 9.54%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | EQX | MLM |
|---|---|---|
| Dividend Yield (TTM) | 0.27% | 0.63% |
| Dividend Payout Ratio (TTM) | 6.25% | 24.85% |
Valuation
P/E Ratio (TTM)
Equinox Gold (EQX) at 24.00 is near its industry’s usual P/E ratio, while Martin Marietta Materials (MLM) at 38.67 sits in the richer quartile — MLM needs stronger growth or earnings quality to justify the premium.
EQX
Materials industry group
24.00
- Max
- 59.00
- Q3
- 32.93
- EQX
- 24.00
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
MLM
Materials industry group
38.67
- Max
- 59.00
- MLM
- 38.67
- Q3
- 32.93
- Median
- 18.82
- Q1
- 11.96
- Min
- 3.93
P/S Ratio (TTM)
Both Equinox Gold (EQX) at 4.64 and Martin Marietta Materials (MLM) at 5.11 command a richer price per dollar of sales than most peers, sitting in the upper P/S ratio quartile of their industries.
EQX
Materials industry group
4.64
- Max
- 9.62
- EQX
- 4.64
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
MLM
Materials industry group
5.11
- Max
- 9.62
- MLM
- 5.11
- Q3
- 4.34
- Median
- 1.87
- Q1
- 0.73
- Min
- 0.00
P/B Ratio (MRQ)
On P/B ratio, both Equinox Gold (EQX) at 1.43 and Martin Marietta Materials (MLM) at 2.09 are valued close to their industries’ norm against book — neither stands out from peers.
EQX
Materials industry group
1.43
- Max
- 6.59
- Q3
- 3.55
- Median
- 2.08
- EQX
- 1.43
- Q1
- 1.26
- Min
- -0.17
MLM
Materials industry group
2.09
- Max
- 6.59
- Q3
- 3.55
- MLM
- 2.09
- Median
- 2.08
- Q1
- 1.26
- Min
- -0.17
Valuation Metrics
| Metric | EQX | MLM |
|---|---|---|
| P/E Ratio (TTM) | 24.00 | 38.67 |
| P/S Ratio (TTM) | 4.64 | 5.11 |
| P/B Ratio (MRQ) | 1.43 | 2.09 |
| Free Cash Flow Yield (TTM) | 2.15% | 4.54% |