FNV vs. MLM: Franco-Nevada vs. Martin Marietta Materials Stock Comparison
How do Franco-Nevada (FNV) 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
Franco-Nevada (FNV) and Martin Marietta Materials (MLM) both fall under the Materials industry group, but FNV is classified in Metals & Mining while MLM is classified in Construction Materials.
| Profile Item | FNV | MLM |
|---|---|---|
| Name | Franco-Nevada Corporation | 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 | 49.17 billion USD | 36.85 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 7, 2007 | February 17, 1994 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | FNV | MLM |
|---|---|---|
| Total Return (1Y) | 37.48% | -12.23% |
| Total Return (3Y, Annualized) | 30.93% | 6.32% |
| Total Return (5Y, Annualized) | 13.51% | 5.43% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | FNV | MLM |
|---|---|---|
| Volatility (1Y, Annualized) | 39.71% | 29.72% |
| Beta (5Y) | 0.28 | 1.02 |
| Max Drawdown (5Y) | -37.12% | -33.19% |
| Avg. Volume (3M) | 716.56K | 805.11K |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | FNV | MLM |
|---|---|---|
| Sharpe Ratio (1Y) | 0.84 | -0.56 |
| Sortino Ratio (1Y) | 1.19 | -0.75 |
Profitability
ROE (TTM)
Franco-Nevada (FNV) at 19.91% sits in the top ROE quartile, while Martin Marietta Materials (MLM) at 6.02% is closer to the peer norm — stronger capital efficiency for FNV.
FNV
Materials industry group
19.91%
- Max
- 52.88%
- FNV
- 19.91%
- Q3
- 19.49%
- Median
- 8.76%
- 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)
Franco-Nevada (FNV) at 64.23% keeps the most of each sales dollar — above its industry’s net margin range — and Martin Marietta Materials (MLM) at 31.88% also retains a top-quartile share.
FNV
Materials industry group
64.23%
- FNV
- 64.23%
- Max
- 38.66%
- 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)
Franco-Nevada (FNV) at 76.98% turns sales into operating profit above its industry’s benchmark range, while Martin Marietta Materials (MLM) at 22.29% operates around its industry’s norm.
FNV
Materials industry group
76.98%
- FNV
- 76.98%
- Max
- 66.70%
- 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 | FNV | MLM |
|---|---|---|
| ROE (TTM) | 19.91% | 6.02% |
| ROA (TTM) | 13.74% | 3.27% |
| Net Margin (TTM) | 64.23% | 31.88% |
| Operating Margin (TTM) | 76.98% | 22.29% |
| Gross Margin (TTM) | 92.09% | 26.74% |
Growth
Revenue Growth
Franco-Nevada (FNV) at 63.69% sits in the top revenue growth quartile, while Martin Marietta Materials (MLM) at 8.62% is closer to the peer norm — faster top-line expansion for FNV.
EPS Growth
Both Franco-Nevada (FNV) at 100.70% 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 | FNV | MLM |
|---|---|---|
| Revenue Growth (YoY) | 63.69% | 8.62% |
| Revenue Growth (3Y CAGR) | 11.48% | -0.06% |
| EPS Growth (YoY) | 100.70% | -42.09% |
| EPS Growth (3Y CAGR) | 16.42% | 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 Franco-Nevada (FNV) at 9.38 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
FNV
Materials industry group
9.38
- FNV
- 9.38
- Max
- 5.96
- Q3
- 3.30
- Median
- 2.24
- Q1
- 1.45
- 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)
Only one side’s leverage can be read here: Martin Marietta Materials (MLM) carries debt-to-equity ratio of 0.75 against its industry range, while Franco-Nevada (FNV) reports no figure this period.
FNV
Materials industry group
--
- Max
- 1.98
- Q3
- 0.89
- Median
- 0.47
- Q1
- 0.13
- Min
- 0.00
- FNV
- --
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 | FNV | MLM |
|---|---|---|
| Current Ratio (MRQ) | 9.38 | 1.63 |
| Debt / Equity (MRQ) | -- | 0.75 |
| Net Debt / EBITDA | -0.49 | 5.88 |
Dividends
Dividend Yield (TTM)
Both Franco-Nevada (FNV) at 0.65% and Martin Marietta Materials (MLM) at 0.63% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
FNV
Materials industry group
0.65%
- Max
- 4.52%
- Q3
- 1.85%
- FNV
- 0.65%
- Median
- 0.38%
- 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 Franco-Nevada (FNV) at 21.44% 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.
FNV
Materials industry group
21.44%
- Max
- 83.62%
- Q3
- 41.37%
- FNV
- 21.44%
- Median
- 9.54%
- 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 | FNV | MLM |
|---|---|---|
| Dividend Yield (TTM) | 0.65% | 0.63% |
| Dividend Payout Ratio (TTM) | 21.44% | 24.85% |
Valuation
P/E Ratio (TTM)
Both Franco-Nevada (FNV) at 33.33 and Martin Marietta Materials (MLM) at 38.67 sit in the richer earnings-multiple quartile for P/E ratio, so investors are paying more for TTM earnings than they pay for typical peers.
FNV
Materials industry group
33.33
- Max
- 59.00
- FNV
- 33.33
- Q3
- 32.93
- 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 look expensive on sales: Martin Marietta Materials (MLM) at 5.11 sits in the upper P/S ratio quartile, and Franco-Nevada (FNV) at 21.37 prices even higher, above its industry range.
FNV
Materials industry group
21.37
- FNV
- 21.37
- Max
- 9.62
- 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)
Martin Marietta Materials (MLM) at 2.09 is valued about in line with its industry on P/B ratio, while Franco-Nevada (FNV) at 5.97 carries an above-peer premium to book — FNV is pricier on assets.
FNV
Materials industry group
5.97
- Max
- 6.59
- FNV
- 5.97
- Q3
- 3.55
- Median
- 2.08
- 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 | FNV | MLM |
|---|---|---|
| P/E Ratio (TTM) | 33.33 | 38.67 |
| P/S Ratio (TTM) | 21.37 | 5.11 |
| P/B Ratio (MRQ) | 5.97 | 2.09 |
| Free Cash Flow Yield (TTM) | 0.96% | 4.54% |