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

Martin Marietta Materials is the larger business by last-quarter revenue ($1.1B vs $685.8M, roughly 1.7× PTC Inc.). Martin Marietta Materials runs the higher net margin — 24.5% vs 24.3%, a 0.2% gap on every dollar of revenue. On growth, PTC Inc. posted the faster year-over-year revenue change (21.4% vs -30.1%). Martin Marietta Materials produced more free cash flow last quarter ($424.0M vs $267.4M). Over the past eight quarters, PTC Inc.'s revenue compounded faster (6.6% 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.

PTC Inc. is an American computer software and services company founded in 1985 and headquartered in Boston, Massachusetts. The company was a pioneer in parametric, associative feature-based, solid computer-aided design (CAD) modeling software in 1988, including an Internet-based product for Product Lifecycle Management (PLM) in 1998. PTC markets products and services and an Internet of Things (IoT) and augmented reality (AR) platform for partners and developers.

MLM vs PTC — Head-to-Head

Bigger by revenue
MLM
MLM
1.7× larger
MLM
$1.1B
$685.8M
PTC
Growing faster (revenue YoY)
PTC
PTC
+51.5% gap
PTC
21.4%
-30.1%
MLM
Higher net margin
MLM
MLM
0.2% more per $
MLM
24.5%
24.3%
PTC
More free cash flow
MLM
MLM
$156.6M more FCF
MLM
$424.0M
$267.4M
PTC
Faster 2-yr revenue CAGR
PTC
PTC
Annualised
PTC
6.6%
-4.5%
MLM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
MLM
MLM
PTC
PTC
Revenue
$1.1B
$685.8M
Net Profit
$279.0M
$166.5M
Gross Margin
35.0%
82.8%
Operating Margin
24.6%
32.2%
Net Margin
24.5%
24.3%
Revenue YoY
-30.1%
21.4%
Net Profit YoY
-4.8%
102.5%
EPS (diluted)
$4.59
$1.39

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
PTC
PTC
Q4 25
$1.1B
$685.8M
Q3 25
$1.8B
$893.8M
Q2 25
$1.8B
$643.9M
Q1 25
$1.4B
$636.4M
Q4 24
$1.6B
$565.1M
Q3 24
$1.9B
$626.5M
Q2 24
$1.8B
$518.6M
Q1 24
$1.3B
$603.1M
Net Profit
MLM
MLM
PTC
PTC
Q4 25
$279.0M
$166.5M
Q3 25
$414.0M
$347.8M
Q2 25
$328.0M
$141.3M
Q1 25
$116.0M
$162.6M
Q4 24
$293.0M
$82.2M
Q3 24
$363.0M
$126.5M
Q2 24
$294.0M
$69.0M
Q1 24
$1.0B
$114.4M
Gross Margin
MLM
MLM
PTC
PTC
Q4 25
35.0%
82.8%
Q3 25
33.1%
86.9%
Q2 25
30.0%
82.9%
Q1 25
24.8%
83.3%
Q4 24
30.0%
80.2%
Q3 24
31.7%
82.0%
Q2 24
29.3%
78.4%
Q1 24
21.7%
81.8%
Operating Margin
MLM
MLM
PTC
PTC
Q4 25
24.6%
32.2%
Q3 25
27.4%
48.5%
Q2 25
25.3%
32.6%
Q1 25
14.3%
35.1%
Q4 24
24.4%
20.4%
Q3 24
25.9%
31.0%
Q2 24
22.6%
18.5%
Q1 24
29.8%
Net Margin
MLM
MLM
PTC
PTC
Q4 25
24.5%
24.3%
Q3 25
22.4%
38.9%
Q2 25
18.1%
21.9%
Q1 25
8.6%
25.6%
Q4 24
18.0%
14.6%
Q3 24
19.2%
20.2%
Q2 24
16.7%
13.3%
Q1 24
83.5%
19.0%
EPS (diluted)
MLM
MLM
PTC
PTC
Q4 25
$4.59
$1.39
Q3 25
$6.85
$2.88
Q2 25
$5.43
$1.17
Q1 25
$1.90
$1.35
Q4 24
$4.87
$0.68
Q3 24
$5.91
$1.05
Q2 24
$4.76
$0.57
Q1 24
$16.87
$0.95

Balance Sheet & Financial Strength

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

Metric
MLM
MLM
PTC
PTC
Cash + ST InvestmentsLiquidity on hand
$67.0M
$209.7M
Total DebtLower is stronger
$5.3B
$1.2B
Stockholders' EquityBook value
$10.0B
$3.8B
Total Assets
$18.7B
$6.4B
Debt / EquityLower = less leverage
0.53×
0.31×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLM
MLM
PTC
PTC
Q4 25
$67.0M
$209.7M
Q3 25
$57.0M
$184.4M
Q2 25
$225.0M
$199.3M
Q1 25
$101.0M
$235.2M
Q4 24
$670.0M
$196.3M
Q3 24
$52.0M
$265.8M
Q2 24
$109.0M
$247.7M
Q1 24
$2.6B
$249.0M
Total Debt
MLM
MLM
PTC
PTC
Q4 25
$5.3B
$1.2B
Q3 25
$5.5B
$1.2B
Q2 25
$5.4B
$1.2B
Q1 25
$5.4B
$1.4B
Q4 24
$5.4B
$1.0B
Q3 24
$4.0B
$1.2B
Q2 24
$4.3B
$1.3B
Q1 24
$4.3B
$1.5B
Stockholders' Equity
MLM
MLM
PTC
PTC
Q4 25
$10.0B
$3.8B
Q3 25
$9.7B
$3.8B
Q2 25
$9.4B
$3.5B
Q1 25
$9.1B
$3.4B
Q4 24
$9.5B
$3.2B
Q3 24
$9.2B
$3.2B
Q2 24
$8.8B
$3.0B
Q1 24
$8.9B
$2.9B
Total Assets
MLM
MLM
PTC
PTC
Q4 25
$18.7B
$6.4B
Q3 25
$18.7B
$6.6B
Q2 25
$18.1B
$6.2B
Q1 25
$17.7B
$6.2B
Q4 24
$18.2B
$6.1B
Q3 24
$16.5B
$6.4B
Q2 24
$16.3B
$6.1B
Q1 24
$16.2B
$6.2B
Debt / Equity
MLM
MLM
PTC
PTC
Q4 25
0.53×
0.31×
Q3 25
0.57×
0.31×
Q2 25
0.58×
0.34×
Q1 25
0.60×
0.40×
Q4 24
0.57×
0.32×
Q3 24
0.44×
0.38×
Q2 24
0.49×
0.43×
Q1 24
0.49×
0.51×

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
PTC
PTC
Operating Cash FlowLast quarter
$629.0M
$269.7M
Free Cash FlowOCF − Capex
$424.0M
$267.4M
FCF MarginFCF / Revenue
37.2%
39.0%
Capex IntensityCapex / Revenue
18.0%
0.3%
Cash ConversionOCF / Net Profit
2.25×
1.62×
TTM Free Cash FlowTrailing 4 quarters
$978.0M
$888.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLM
MLM
PTC
PTC
Q4 25
$629.0M
$269.7M
Q3 25
$551.0M
$104.0M
Q2 25
$387.0M
$243.9M
Q1 25
$218.0M
$281.3M
Q4 24
$686.0M
$238.4M
Q3 24
$600.0M
$98.1M
Q2 24
$1.0M
$213.8M
Q1 24
$172.0M
$250.7M
Free Cash Flow
MLM
MLM
PTC
PTC
Q4 25
$424.0M
$267.4M
Q3 25
$361.0M
$100.5M
Q2 25
$208.0M
$242.0M
Q1 25
$-15.0M
$278.5M
Q4 24
$453.0M
$235.7M
Q3 24
$317.0M
$93.6M
Q2 24
$-138.0M
$212.2M
Q1 24
$-28.0M
$247.1M
FCF Margin
MLM
MLM
PTC
PTC
Q4 25
37.2%
39.0%
Q3 25
19.6%
11.2%
Q2 25
11.5%
37.6%
Q1 25
-1.1%
43.8%
Q4 24
27.8%
41.7%
Q3 24
16.8%
14.9%
Q2 24
-7.8%
40.9%
Q1 24
-2.2%
41.0%
Capex Intensity
MLM
MLM
PTC
PTC
Q4 25
18.0%
0.3%
Q3 25
10.3%
0.4%
Q2 25
9.9%
0.3%
Q1 25
17.2%
0.4%
Q4 24
14.3%
0.5%
Q3 24
15.0%
0.7%
Q2 24
7.9%
0.3%
Q1 24
16.0%
0.6%
Cash Conversion
MLM
MLM
PTC
PTC
Q4 25
2.25×
1.62×
Q3 25
1.33×
0.30×
Q2 25
1.18×
1.73×
Q1 25
1.88×
1.73×
Q4 24
2.34×
2.90×
Q3 24
1.65×
0.78×
Q2 24
0.00×
3.10×
Q1 24
0.16×
2.19×

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%

PTC
PTC

Support And Cloud Services$393.3M57%
License$269.7M39%
Technology Service$22.9M3%
Perpetual License$5.6M1%

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