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Side-by-side financial comparison of Martin Marietta Materials (MLM) and BLUE OWL CAPITAL INC. (OWL). Click either name above to swap in a different company.

Martin Marietta Materials is the larger business by last-quarter revenue ($1.1B vs $755.6M, roughly 1.5× BLUE OWL CAPITAL INC.). Martin Marietta Materials runs the higher net margin — 24.5% vs 6.3%, a 18.2% gap on every dollar of revenue. On growth, BLUE OWL CAPITAL INC. posted the faster year-over-year revenue change (19.7% vs -30.1%). Martin Marietta Materials produced more free cash flow last quarter ($424.0M vs $359.1M). Over the past eight quarters, BLUE OWL CAPITAL INC.'s revenue compounded faster (21.3% CAGR vs -4.5%).

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.

Blue Owl Capital Inc. is an American alternative investment asset management company that is listed on the New York Stock Exchange under the ticker symbol: "OWL". Headquartered in New York City, it has additional offices around the world, including London, Dubai, and Hong Kong.

MLM vs OWL — Head-to-Head

Bigger by revenue
MLM
MLM
1.5× larger
MLM
$1.1B
$755.6M
OWL
Growing faster (revenue YoY)
OWL
OWL
+49.8% gap
OWL
19.7%
-30.1%
MLM
Higher net margin
MLM
MLM
18.2% more per $
MLM
24.5%
6.3%
OWL
More free cash flow
MLM
MLM
$64.9M more FCF
MLM
$424.0M
$359.1M
OWL
Faster 2-yr revenue CAGR
OWL
OWL
Annualised
OWL
21.3%
-4.5%
MLM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLM
MLM
OWL
OWL
Revenue
$1.1B
$755.6M
Net Profit
$279.0M
$47.7M
Gross Margin
35.0%
Operating Margin
24.6%
22.2%
Net Margin
24.5%
6.3%
Revenue YoY
-30.1%
19.7%
Net Profit YoY
-4.8%
129.8%
EPS (diluted)
$4.59
$0.07

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
MLM
MLM
OWL
OWL
Q4 25
$1.1B
$755.6M
Q3 25
$1.8B
$728.0M
Q2 25
$1.8B
$703.1M
Q1 25
$1.4B
$683.5M
Q4 24
$1.6B
$631.4M
Q3 24
$1.9B
$600.9M
Q2 24
$1.8B
$549.8M
Q1 24
$1.3B
$513.3M
Net Profit
MLM
MLM
OWL
OWL
Q4 25
$279.0M
$47.7M
Q3 25
$414.0M
$6.3M
Q2 25
$328.0M
$17.4M
Q1 25
$116.0M
$7.4M
Q4 24
$293.0M
$20.7M
Q3 24
$363.0M
$29.8M
Q2 24
$294.0M
$33.9M
Q1 24
$1.0B
$25.1M
Gross Margin
MLM
MLM
OWL
OWL
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
MLM
MLM
OWL
OWL
Q4 25
24.6%
22.2%
Q3 25
27.4%
7.6%
Q2 25
25.3%
12.0%
Q1 25
14.3%
5.9%
Q4 24
24.4%
11.7%
Q3 24
25.9%
18.7%
Q2 24
22.6%
28.4%
Q1 24
24.7%
Net Margin
MLM
MLM
OWL
OWL
Q4 25
24.5%
6.3%
Q3 25
22.4%
0.9%
Q2 25
18.1%
2.5%
Q1 25
8.6%
1.1%
Q4 24
18.0%
3.3%
Q3 24
19.2%
5.0%
Q2 24
16.7%
6.2%
Q1 24
83.5%
4.9%
EPS (diluted)
MLM
MLM
OWL
OWL
Q4 25
$4.59
$0.07
Q3 25
$6.85
$0.01
Q2 25
$5.43
$0.02
Q1 25
$1.90
$0.00
Q4 24
$4.87
$0.06
Q3 24
$5.91
$0.04
Q2 24
$4.76
$0.06
Q1 24
$16.87
$0.04

Balance Sheet & Financial Strength

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

Metric
MLM
MLM
OWL
OWL
Cash + ST InvestmentsLiquidity on hand
$67.0M
$194.5M
Total DebtLower is stronger
$5.3B
$3.3B
Stockholders' EquityBook value
$10.0B
$2.2B
Total Assets
$18.7B
$12.5B
Debt / EquityLower = less leverage
0.53×
1.51×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLM
MLM
OWL
OWL
Q4 25
$67.0M
$194.5M
Q3 25
$57.0M
$137.3M
Q2 25
$225.0M
$117.6M
Q1 25
$101.0M
$97.6M
Q4 24
$670.0M
$152.1M
Q3 24
$52.0M
$115.9M
Q2 24
$109.0M
$436.8M
Q1 24
$2.6B
$155.8M
Total Debt
MLM
MLM
OWL
OWL
Q4 25
$5.3B
$3.3B
Q3 25
$5.5B
$3.2B
Q2 25
$5.4B
$3.2B
Q1 25
$5.4B
$3.2B
Q4 24
$5.4B
$2.6B
Q3 24
$4.0B
$2.5B
Q2 24
$4.3B
$2.5B
Q1 24
$4.3B
$2.1B
Stockholders' Equity
MLM
MLM
OWL
OWL
Q4 25
$10.0B
$2.2B
Q3 25
$9.7B
$2.3B
Q2 25
$9.4B
$2.4B
Q1 25
$9.1B
$2.3B
Q4 24
$9.5B
$2.1B
Q3 24
$9.2B
$2.0B
Q2 24
$8.8B
$1.7B
Q1 24
$8.9B
$1.6B
Total Assets
MLM
MLM
OWL
OWL
Q4 25
$18.7B
$12.5B
Q3 25
$18.7B
$12.5B
Q2 25
$18.1B
$12.3B
Q1 25
$17.7B
$12.3B
Q4 24
$18.2B
$11.0B
Q3 24
$16.5B
$10.8B
Q2 24
$16.3B
$9.7B
Q1 24
$16.2B
$9.0B
Debt / Equity
MLM
MLM
OWL
OWL
Q4 25
0.53×
1.51×
Q3 25
0.57×
1.41×
Q2 25
0.58×
1.38×
Q1 25
0.60×
1.37×
Q4 24
0.57×
1.22×
Q3 24
0.44×
1.27×
Q2 24
0.49×
1.41×
Q1 24
0.49×
1.26×

Cash Flow & Capital Efficiency

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

Metric
MLM
MLM
OWL
OWL
Operating Cash FlowLast quarter
$629.0M
$382.9M
Free Cash FlowOCF − Capex
$424.0M
$359.1M
FCF MarginFCF / Revenue
37.2%
47.5%
Capex IntensityCapex / Revenue
18.0%
3.1%
Cash ConversionOCF / Net Profit
2.25×
8.03×
TTM Free Cash FlowTrailing 4 quarters
$978.0M
$1.2B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLM
MLM
OWL
OWL
Q4 25
$629.0M
$382.9M
Q3 25
$551.0M
$433.1M
Q2 25
$387.0M
$422.5M
Q1 25
$218.0M
$17.6M
Q4 24
$686.0M
$324.0M
Q3 24
$600.0M
$326.0M
Q2 24
$1.0M
$302.3M
Q1 24
$172.0M
$47.2M
Free Cash Flow
MLM
MLM
OWL
OWL
Q4 25
$424.0M
$359.1M
Q3 25
$361.0M
$422.5M
Q2 25
$208.0M
$412.5M
Q1 25
$-15.0M
$4.2M
Q4 24
$453.0M
$310.1M
Q3 24
$317.0M
$314.8M
Q2 24
$-138.0M
$269.4M
Q1 24
$-28.0M
$41.1M
FCF Margin
MLM
MLM
OWL
OWL
Q4 25
37.2%
47.5%
Q3 25
19.6%
58.0%
Q2 25
11.5%
58.7%
Q1 25
-1.1%
0.6%
Q4 24
27.8%
49.1%
Q3 24
16.8%
52.4%
Q2 24
-7.8%
49.0%
Q1 24
-2.2%
8.0%
Capex Intensity
MLM
MLM
OWL
OWL
Q4 25
18.0%
3.1%
Q3 25
10.3%
1.5%
Q2 25
9.9%
1.4%
Q1 25
17.2%
2.0%
Q4 24
14.3%
2.2%
Q3 24
15.0%
1.9%
Q2 24
7.9%
6.0%
Q1 24
16.0%
1.2%
Cash Conversion
MLM
MLM
OWL
OWL
Q4 25
2.25×
8.03×
Q3 25
1.33×
68.64×
Q2 25
1.18×
24.25×
Q1 25
1.88×
2.37×
Q4 24
2.34×
15.62×
Q3 24
1.65×
10.94×
Q2 24
0.00×
8.91×
Q1 24
0.16×
1.88×

Financial Flow Comparison

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

Revenue Breakdown by Segment

MLM
MLM

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

OWL
OWL

Credit Platform$455.0M60%
GP Strategic Capital Platform$157.0M21%
Administrative Service$87.6M12%
IPI Partners LLC$33.8M4%
Other$22.2M3%

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