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Side-by-side financial comparison of Fidelis Insurance Holdings Ltd (FIHL) and Martin Marietta Materials (MLM). Click either name above to swap in a different company.

Martin Marietta Materials is the larger business by last-quarter revenue ($1.1B vs $651.9M, roughly 1.7× Fidelis Insurance Holdings Ltd). Martin Marietta Materials runs the higher net margin — 24.5% vs 20.0%, a 4.5% gap on every dollar of revenue. On growth, Fidelis Insurance Holdings Ltd posted the faster year-over-year revenue change (-5.0% vs -30.1%). Martin Marietta Materials produced more free cash flow last quarter ($424.0M vs $154.6M).

Fidelis Insurance Holdings Ltd is a global specialty insurance and reinsurance firm headquartered in Bermuda. It offers tailored coverage solutions across property, casualty, marine, aviation, and specialty risk segments, serving corporate and institutional clients across North America, Europe, and other international markets.

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.

FIHL vs MLM — Head-to-Head

Bigger by revenue
MLM
MLM
1.7× larger
MLM
$1.1B
$651.9M
FIHL
Growing faster (revenue YoY)
FIHL
FIHL
+25.2% gap
FIHL
-5.0%
-30.1%
MLM
Higher net margin
MLM
MLM
4.5% more per $
MLM
24.5%
20.0%
FIHL
More free cash flow
MLM
MLM
$269.4M more FCF
MLM
$424.0M
$154.6M
FIHL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
FIHL
FIHL
MLM
MLM
Revenue
$651.9M
$1.1B
Net Profit
$130.5M
$279.0M
Gross Margin
35.0%
Operating Margin
24.7%
24.6%
Net Margin
20.0%
24.5%
Revenue YoY
-5.0%
-30.1%
Net Profit YoY
29.7%
-4.8%
EPS (diluted)
$1.24
$4.59

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
FIHL
FIHL
MLM
MLM
Q4 25
$1.1B
Q3 25
$651.9M
$1.8B
Q2 25
$589.3M
$1.8B
Q1 25
$658.4M
$1.4B
Q4 24
$1.6B
Q3 24
$686.1M
$1.9B
Q2 24
$540.1M
$1.8B
Q1 24
$520.0M
$1.3B
Net Profit
FIHL
FIHL
MLM
MLM
Q4 25
$279.0M
Q3 25
$130.5M
$414.0M
Q2 25
$19.7M
$328.0M
Q1 25
$-42.5M
$116.0M
Q4 24
$293.0M
Q3 24
$100.6M
$363.0M
Q2 24
$53.7M
$294.0M
Q1 24
$81.2M
$1.0B
Gross Margin
FIHL
FIHL
MLM
MLM
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%
Q1 24
21.7%
Operating Margin
FIHL
FIHL
MLM
MLM
Q4 25
24.6%
Q3 25
24.7%
27.4%
Q2 25
3.8%
25.3%
Q1 25
-7.6%
14.3%
Q4 24
24.4%
Q3 24
17.2%
25.9%
Q2 24
11.6%
22.6%
Q1 24
18.3%
Net Margin
FIHL
FIHL
MLM
MLM
Q4 25
24.5%
Q3 25
20.0%
22.4%
Q2 25
3.3%
18.1%
Q1 25
-6.5%
8.6%
Q4 24
18.0%
Q3 24
14.7%
19.2%
Q2 24
9.9%
16.7%
Q1 24
15.6%
83.5%
EPS (diluted)
FIHL
FIHL
MLM
MLM
Q4 25
$4.59
Q3 25
$1.24
$6.85
Q2 25
$0.18
$5.43
Q1 25
$-0.38
$1.90
Q4 24
$4.87
Q3 24
$0.88
$5.91
Q2 24
$0.46
$4.76
Q1 24
$0.69
$16.87

Balance Sheet & Financial Strength

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

Metric
FIHL
FIHL
MLM
MLM
Cash + ST InvestmentsLiquidity on hand
$892.5M
$67.0M
Total DebtLower is stronger
$842.9M
$5.3B
Stockholders' EquityBook value
$2.4B
$10.0B
Total Assets
$12.5B
$18.7B
Debt / EquityLower = less leverage
0.35×
0.53×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FIHL
FIHL
MLM
MLM
Q4 25
$67.0M
Q3 25
$892.5M
$57.0M
Q2 25
$919.4M
$225.0M
Q1 25
$733.4M
$101.0M
Q4 24
$670.0M
Q3 24
$806.8M
$52.0M
Q2 24
$628.6M
$109.0M
Q1 24
$671.7M
$2.6B
Total Debt
FIHL
FIHL
MLM
MLM
Q4 25
$5.3B
Q3 25
$842.9M
$5.5B
Q2 25
$842.6M
$5.4B
Q1 25
$449.1M
$5.4B
Q4 24
$5.4B
Q3 24
$448.8M
$4.0B
Q2 24
$448.6M
$4.3B
Q1 24
$448.4M
$4.3B
Stockholders' Equity
FIHL
FIHL
MLM
MLM
Q4 25
$10.0B
Q3 25
$2.4B
$9.7B
Q2 25
$2.3B
$9.4B
Q1 25
$2.4B
$9.1B
Q4 24
$9.5B
Q3 24
$2.6B
$9.2B
Q2 24
$2.5B
$8.8B
Q1 24
$2.5B
$8.9B
Total Assets
FIHL
FIHL
MLM
MLM
Q4 25
$18.7B
Q3 25
$12.5B
$18.7B
Q2 25
$13.0B
$18.1B
Q1 25
$12.8B
$17.7B
Q4 24
$18.2B
Q3 24
$11.7B
$16.5B
Q2 24
$11.9B
$16.3B
Q1 24
$11.3B
$16.2B
Debt / Equity
FIHL
FIHL
MLM
MLM
Q4 25
0.53×
Q3 25
0.35×
0.57×
Q2 25
0.36×
0.58×
Q1 25
0.19×
0.60×
Q4 24
0.57×
Q3 24
0.17×
0.44×
Q2 24
0.18×
0.49×
Q1 24
0.18×
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
FIHL
FIHL
MLM
MLM
Operating Cash FlowLast quarter
$155.2M
$629.0M
Free Cash FlowOCF − Capex
$154.6M
$424.0M
FCF MarginFCF / Revenue
23.7%
37.2%
Capex IntensityCapex / Revenue
0.1%
18.0%
Cash ConversionOCF / Net Profit
1.19×
2.25×
TTM Free Cash FlowTrailing 4 quarters
$-320.9M
$978.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FIHL
FIHL
MLM
MLM
Q4 25
$629.0M
Q3 25
$155.2M
$551.0M
Q2 25
$-359.2M
$387.0M
Q1 25
$-433.1M
$218.0M
Q4 24
$686.0M
Q3 24
$318.9M
$600.0M
Q2 24
$208.5M
$1.0M
Q1 24
$-35.3M
$172.0M
Free Cash Flow
FIHL
FIHL
MLM
MLM
Q4 25
$424.0M
Q3 25
$154.6M
$361.0M
Q2 25
$-359.3M
$208.0M
Q1 25
$-433.4M
$-15.0M
Q4 24
$453.0M
Q3 24
$317.2M
$317.0M
Q2 24
$206.6M
$-138.0M
Q1 24
$-35.6M
$-28.0M
FCF Margin
FIHL
FIHL
MLM
MLM
Q4 25
37.2%
Q3 25
23.7%
19.6%
Q2 25
-61.0%
11.5%
Q1 25
-65.8%
-1.1%
Q4 24
27.8%
Q3 24
46.2%
16.8%
Q2 24
38.3%
-7.8%
Q1 24
-6.8%
-2.2%
Capex Intensity
FIHL
FIHL
MLM
MLM
Q4 25
18.0%
Q3 25
0.1%
10.3%
Q2 25
0.0%
9.9%
Q1 25
0.0%
17.2%
Q4 24
14.3%
Q3 24
0.2%
15.0%
Q2 24
0.4%
7.9%
Q1 24
0.1%
16.0%
Cash Conversion
FIHL
FIHL
MLM
MLM
Q4 25
2.25×
Q3 25
1.19×
1.33×
Q2 25
-18.23×
1.18×
Q1 25
1.88×
Q4 24
2.34×
Q3 24
3.17×
1.65×
Q2 24
3.88×
0.00×
Q1 24
-0.43×
0.16×

Financial Flow Comparison

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

Revenue Breakdown by Segment

FIHL
FIHL

Segment breakdown not available.

MLM
MLM

Building Materials Business East Group$774.0M68%
Building Materials Business West Group$233.0M20%
Services$88.0M8%
Other$45.0M4%

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