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Side-by-side financial comparison of Franklin Resources (BEN) and Martin Marietta Materials (MLM). Click either name above to swap in a different company.

Franklin Resources is the larger business by last-quarter revenue ($2.3B vs $1.4B, roughly 1.7× Martin Marietta Materials). Martin Marietta Materials runs the higher net margin — 111.1% vs 15.1%, a 96.0% gap on every dollar of revenue. On growth, Martin Marietta Materials posted the faster year-over-year revenue change (17.0% vs 8.7%). Over the past eight quarters, Franklin Resources's revenue compounded faster (4.0% CAGR vs -12.1%).

Franklin Resources, Inc. is an American multinational investment management holding company that, together with its subsidiaries, is referred to as Franklin Templeton; it is a global investment firm founded in New York City in 1947 as Franklin Distributors, Inc. It is listed on the New York Stock Exchange under the ticker symbol BEN, in honor of Benjamin Franklin, for whom the company is named, and who was admired by founder Rupert Johnson Sr. In 1973, the company's headquarters moved from Ne...

Martin Marietta Materials, Inc. is an American company and a supplier of aggregates and heavy building materials, with operations spanning 26 states, Canada, and the Caribbean. In particular, Martin Marietta Materials supplies resources for the construction of roads, sidewalks, and foundations.

BEN vs MLM — Head-to-Head

Bigger by revenue
BEN
BEN
1.7× larger
BEN
$2.3B
$1.4B
MLM
Growing faster (revenue YoY)
MLM
MLM
+8.3% gap
MLM
17.0%
8.7%
BEN
Higher net margin
MLM
MLM
96.0% more per $
MLM
111.1%
15.1%
BEN
Faster 2-yr revenue CAGR
BEN
BEN
Annualised
BEN
4.0%
-12.1%
MLM

Income Statement — Q2 FY2026 vs Q1 FY2026

Metric
BEN
BEN
MLM
MLM
Revenue
$2.3B
$1.4B
Net Profit
$346.6M
$1.5B
Gross Margin
22.8%
Operating Margin
14.1%
11.9%
Net Margin
15.1%
111.1%
Revenue YoY
8.7%
17.0%
Net Profit YoY
77.1%
EPS (diluted)
$0.49

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
BEN
BEN
MLM
MLM
Q1 26
$2.3B
$1.4B
Q4 25
$2.3B
$1.1B
Q3 25
$2.3B
$1.8B
Q2 25
$2.1B
$1.8B
Q1 25
$2.1B
$1.4B
Q4 24
$2.3B
$1.6B
Q3 24
$2.2B
$1.9B
Q2 24
$2.1B
$1.8B
Net Profit
BEN
BEN
MLM
MLM
Q1 26
$346.6M
$1.5B
Q4 25
$255.5M
$279.0M
Q3 25
$117.6M
$414.0M
Q2 25
$92.3M
$328.0M
Q1 25
$151.4M
$116.0M
Q4 24
$163.6M
$293.0M
Q3 24
$-84.7M
$363.0M
Q2 24
$174.0M
$294.0M
Gross Margin
BEN
BEN
MLM
MLM
Q1 26
22.8%
Q4 25
35.0%
Q3 25
33.1%
Q2 25
30.0%
Q1 25
24.8%
Q4 24
30.0%
Q3 24
31.7%
Q2 24
29.3%
Operating Margin
BEN
BEN
MLM
MLM
Q1 26
14.1%
11.9%
Q4 25
12.1%
24.6%
Q3 25
3.6%
27.4%
Q2 25
7.5%
25.3%
Q1 25
6.9%
14.3%
Q4 24
9.7%
24.4%
Q3 24
-6.8%
25.9%
Q2 24
10.5%
22.6%
Net Margin
BEN
BEN
MLM
MLM
Q1 26
15.1%
111.1%
Q4 25
11.0%
24.5%
Q3 25
5.0%
22.4%
Q2 25
4.5%
18.1%
Q1 25
7.2%
8.6%
Q4 24
7.3%
18.0%
Q3 24
-3.8%
19.2%
Q2 24
8.2%
16.7%
EPS (diluted)
BEN
BEN
MLM
MLM
Q1 26
$0.49
Q4 25
$0.46
$4.59
Q3 25
$0.21
$6.85
Q2 25
$0.15
$5.43
Q1 25
$0.26
$1.90
Q4 24
$0.29
$4.87
Q3 24
$-0.20
$5.91
Q2 24
$0.32
$4.76

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BEN
BEN
MLM
MLM
Cash + ST InvestmentsLiquidity on hand
$273.0M
Total DebtLower is stronger
$0
Stockholders' EquityBook value
$669.7B
$11.3B
Total Assets
$20.5B
Debt / EquityLower = less leverage
0.00×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEN
BEN
MLM
MLM
Q1 26
$273.0M
Q4 25
$67.0M
Q3 25
$57.0M
Q2 25
$225.0M
Q1 25
$101.0M
Q4 24
$670.0M
Q3 24
$52.0M
Q2 24
$109.0M
Total Debt
BEN
BEN
MLM
MLM
Q1 26
$0
Q4 25
$2.4B
$5.3B
Q3 25
$2.4B
$5.5B
Q2 25
$2.7B
$5.4B
Q1 25
$2.7B
$5.4B
Q4 24
$2.8B
$5.4B
Q3 24
$2.8B
$4.0B
Q2 24
$3.0B
$4.3B
Stockholders' Equity
BEN
BEN
MLM
MLM
Q1 26
$669.7B
$11.3B
Q4 25
$12.1B
$10.0B
Q3 25
$12.1B
$9.7B
Q2 25
$12.2B
$9.4B
Q1 25
$12.3B
$9.1B
Q4 24
$12.5B
$9.5B
Q3 24
$12.5B
$9.2B
Q2 24
$12.9B
$8.8B
Total Assets
BEN
BEN
MLM
MLM
Q1 26
$20.5B
Q4 25
$32.5B
$18.7B
Q3 25
$32.4B
$18.7B
Q2 25
$32.6B
$18.1B
Q1 25
$32.0B
$17.7B
Q4 24
$32.4B
$18.2B
Q3 24
$32.5B
$16.5B
Q2 24
$33.3B
$16.3B
Debt / Equity
BEN
BEN
MLM
MLM
Q1 26
0.00×
Q4 25
0.19×
0.53×
Q3 25
0.20×
0.57×
Q2 25
0.22×
0.58×
Q1 25
0.22×
0.60×
Q4 24
0.22×
0.57×
Q3 24
0.22×
0.44×
Q2 24
0.24×
0.49×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
BEN
BEN
MLM
MLM
Operating Cash FlowLast quarter
$227.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
40.4%
Cash ConversionOCF / Net Profit
0.15×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEN
BEN
MLM
MLM
Q1 26
$227.0M
Q4 25
$-255.1M
$629.0M
Q3 25
$-20.7M
$551.0M
Q2 25
$1.3B
$387.0M
Q1 25
$-50.1M
$218.0M
Q4 24
$-145.2M
$686.0M
Q3 24
$558.2M
$600.0M
Q2 24
$528.4M
$1.0M
Free Cash Flow
BEN
BEN
MLM
MLM
Q1 26
Q4 25
$424.0M
Q3 25
$-51.9M
$361.0M
Q2 25
$1.3B
$208.0M
Q1 25
$-87.6M
$-15.0M
Q4 24
$-217.0M
$453.0M
Q3 24
$488.4M
$317.0M
Q2 24
$482.3M
$-138.0M
FCF Margin
BEN
BEN
MLM
MLM
Q1 26
Q4 25
37.2%
Q3 25
-2.2%
19.6%
Q2 25
61.4%
11.5%
Q1 25
-4.1%
-1.1%
Q4 24
-9.6%
27.8%
Q3 24
22.1%
16.8%
Q2 24
22.7%
-7.8%
Capex Intensity
BEN
BEN
MLM
MLM
Q1 26
40.4%
Q4 25
18.0%
Q3 25
1.3%
10.3%
Q2 25
0.7%
9.9%
Q1 25
1.8%
17.2%
Q4 24
3.2%
14.3%
Q3 24
3.2%
15.0%
Q2 24
2.2%
7.9%
Cash Conversion
BEN
BEN
MLM
MLM
Q1 26
0.15×
Q4 25
-1.00×
2.25×
Q3 25
-0.18×
1.33×
Q2 25
13.89×
1.18×
Q1 25
-0.33×
1.88×
Q4 24
-0.89×
2.34×
Q3 24
1.65×
Q2 24
3.04×
0.00×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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