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

RXO, Inc. is the larger business by last-quarter revenue ($1.5B vs $1.1B, roughly 1.3× Martin Marietta Materials). Martin Marietta Materials runs the higher net margin — 24.5% vs -3.1%, a 27.6% gap on every dollar of revenue. On growth, RXO, Inc. posted the faster year-over-year revenue change (-11.9% vs -30.1%). Martin Marietta Materials produced more free cash flow last quarter ($424.0M vs $-9.0M). Over the past eight quarters, RXO, Inc.'s revenue compounded faster (26.8% 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.

RXO, Inc. is a leading transportation and logistics solutions provider headquartered in the United States. Its core service portfolio includes freight brokerage, last-mile delivery for heavy and bulky goods, managed transportation services, and end-to-end supply chain optimization support, primarily catering to clients across the North American manufacturing, retail, and e-commerce segments.

MLM vs RXO — Head-to-Head

Bigger by revenue
RXO
RXO
1.3× larger
RXO
$1.5B
$1.1B
MLM
Growing faster (revenue YoY)
RXO
RXO
+18.3% gap
RXO
-11.9%
-30.1%
MLM
Higher net margin
MLM
MLM
27.6% more per $
MLM
24.5%
-3.1%
RXO
More free cash flow
MLM
MLM
$433.0M more FCF
MLM
$424.0M
$-9.0M
RXO
Faster 2-yr revenue CAGR
RXO
RXO
Annualised
RXO
26.8%
-4.5%
MLM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLM
MLM
RXO
RXO
Revenue
$1.1B
$1.5B
Net Profit
$279.0M
$-46.0M
Gross Margin
35.0%
Operating Margin
24.6%
-2.9%
Net Margin
24.5%
-3.1%
Revenue YoY
-30.1%
-11.9%
Net Profit YoY
-4.8%
-84.0%
EPS (diluted)
$4.59
$-0.28

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
RXO
RXO
Q4 25
$1.1B
$1.5B
Q3 25
$1.8B
$1.4B
Q2 25
$1.8B
$1.4B
Q1 25
$1.4B
$1.4B
Q4 24
$1.6B
$1.7B
Q3 24
$1.9B
$1.0B
Q2 24
$1.8B
$930.0M
Q1 24
$1.3B
$913.0M
Net Profit
MLM
MLM
RXO
RXO
Q4 25
$279.0M
$-46.0M
Q3 25
$414.0M
$-14.0M
Q2 25
$328.0M
$-9.0M
Q1 25
$116.0M
$-31.0M
Q4 24
$293.0M
$-25.0M
Q3 24
$363.0M
$-243.0M
Q2 24
$294.0M
$-7.0M
Q1 24
$1.0B
$-15.0M
Gross Margin
MLM
MLM
RXO
RXO
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
RXO
RXO
Q4 25
24.6%
-2.9%
Q3 25
27.4%
-0.5%
Q2 25
25.3%
Q1 25
14.3%
-2.1%
Q4 24
24.4%
-1.4%
Q3 24
25.9%
-1.9%
Q2 24
22.6%
Q1 24
-1.3%
Net Margin
MLM
MLM
RXO
RXO
Q4 25
24.5%
-3.1%
Q3 25
22.4%
-1.0%
Q2 25
18.1%
-0.6%
Q1 25
8.6%
-2.2%
Q4 24
18.0%
-1.5%
Q3 24
19.2%
-23.4%
Q2 24
16.7%
-0.8%
Q1 24
83.5%
-1.6%
EPS (diluted)
MLM
MLM
RXO
RXO
Q4 25
$4.59
$-0.28
Q3 25
$6.85
$-0.08
Q2 25
$5.43
$-0.05
Q1 25
$1.90
$-0.18
Q4 24
$4.87
$-0.17
Q3 24
$5.91
$-1.81
Q2 24
$4.76
$-0.06
Q1 24
$16.87
$-0.13

Balance Sheet & Financial Strength

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

Metric
MLM
MLM
RXO
RXO
Cash + ST InvestmentsLiquidity on hand
$67.0M
$17.0M
Total DebtLower is stronger
$5.3B
$387.0M
Stockholders' EquityBook value
$10.0B
$1.5B
Total Assets
$18.7B
$3.3B
Debt / EquityLower = less leverage
0.53×
0.25×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLM
MLM
RXO
RXO
Q4 25
$67.0M
$17.0M
Q3 25
$57.0M
$25.0M
Q2 25
$225.0M
$18.0M
Q1 25
$101.0M
$16.0M
Q4 24
$670.0M
$35.0M
Q3 24
$52.0M
$55.0M
Q2 24
$109.0M
$7.0M
Q1 24
$2.6B
$7.0M
Total Debt
MLM
MLM
RXO
RXO
Q4 25
$5.3B
$387.0M
Q3 25
$5.5B
$387.0M
Q2 25
$5.4B
$387.0M
Q1 25
$5.4B
$387.0M
Q4 24
$5.4B
$351.0M
Q3 24
$4.0B
$352.0M
Q2 24
$4.3B
$370.0M
Q1 24
$4.3B
$351.0M
Stockholders' Equity
MLM
MLM
RXO
RXO
Q4 25
$10.0B
$1.5B
Q3 25
$9.7B
$1.6B
Q2 25
$9.4B
$1.6B
Q1 25
$9.1B
$1.6B
Q4 24
$9.5B
$1.6B
Q3 24
$9.2B
$1.7B
Q2 24
$8.8B
$579.0M
Q1 24
$8.9B
$582.0M
Total Assets
MLM
MLM
RXO
RXO
Q4 25
$18.7B
$3.3B
Q3 25
$18.7B
$3.2B
Q2 25
$18.1B
$3.2B
Q1 25
$17.7B
$3.3B
Q4 24
$18.2B
$3.4B
Q3 24
$16.5B
$3.4B
Q2 24
$16.3B
$1.8B
Q1 24
$16.2B
$1.8B
Debt / Equity
MLM
MLM
RXO
RXO
Q4 25
0.53×
0.25×
Q3 25
0.57×
0.24×
Q2 25
0.58×
0.24×
Q1 25
0.60×
0.24×
Q4 24
0.57×
0.22×
Q3 24
0.44×
0.21×
Q2 24
0.49×
0.64×
Q1 24
0.49×
0.60×

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
RXO
RXO
Operating Cash FlowLast quarter
$629.0M
$7.0M
Free Cash FlowOCF − Capex
$424.0M
$-9.0M
FCF MarginFCF / Revenue
37.2%
-0.6%
Capex IntensityCapex / Revenue
18.0%
1.1%
Cash ConversionOCF / Net Profit
2.25×
TTM Free Cash FlowTrailing 4 quarters
$978.0M
$-8.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLM
MLM
RXO
RXO
Q4 25
$629.0M
$7.0M
Q3 25
$551.0M
$23.0M
Q2 25
$387.0M
$23.0M
Q1 25
$218.0M
$-2.0M
Q4 24
$686.0M
$-7.0M
Q3 24
$600.0M
$-7.0M
Q2 24
$1.0M
$-5.0M
Q1 24
$172.0M
$7.0M
Free Cash Flow
MLM
MLM
RXO
RXO
Q4 25
$424.0M
$-9.0M
Q3 25
$361.0M
$9.0M
Q2 25
$208.0M
$9.0M
Q1 25
$-15.0M
$-17.0M
Q4 24
$453.0M
$-19.0M
Q3 24
$317.0M
$-18.0M
Q2 24
$-138.0M
$-16.0M
Q1 24
$-28.0M
$-4.0M
FCF Margin
MLM
MLM
RXO
RXO
Q4 25
37.2%
-0.6%
Q3 25
19.6%
0.6%
Q2 25
11.5%
0.6%
Q1 25
-1.1%
-1.2%
Q4 24
27.8%
-1.1%
Q3 24
16.8%
-1.7%
Q2 24
-7.8%
-1.7%
Q1 24
-2.2%
-0.4%
Capex Intensity
MLM
MLM
RXO
RXO
Q4 25
18.0%
1.1%
Q3 25
10.3%
1.0%
Q2 25
9.9%
1.0%
Q1 25
17.2%
1.0%
Q4 24
14.3%
0.7%
Q3 24
15.0%
1.1%
Q2 24
7.9%
1.2%
Q1 24
16.0%
1.2%
Cash Conversion
MLM
MLM
RXO
RXO
Q4 25
2.25×
Q3 25
1.33×
Q2 25
1.18×
Q1 25
1.88×
Q4 24
2.34×
Q3 24
1.65×
Q2 24
0.00×
Q1 24
0.16×

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%

RXO
RXO

Retail Sector$546.0M37%
Last Mile$298.0M20%
Food And Beverage Sector$225.0M15%
Other Sector$185.0M13%
Managed Transportation$133.0M9%
Automotive Sector$93.0M6%

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