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

Snap Inc is the larger business by last-quarter revenue ($1.7B vs $1.1B, roughly 1.5× Martin Marietta Materials). Martin Marietta Materials runs the higher net margin — 24.5% vs 2.6%, a 21.8% gap on every dollar of revenue. On growth, Snap Inc posted the faster year-over-year revenue change (10.2% vs -30.1%). Martin Marietta Materials produced more free cash flow last quarter ($424.0M vs $205.6M). Over the past eight quarters, Snap Inc's revenue compounded faster (19.9% 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.

Snap Inc. is an American technology company, founded on September 16, 2011, by Evan Spiegel, Bobby Murphy, and Reggie Brown, based in Santa Monica, California. The company developed and maintains technological products and services, namely Snapchat, Spectacles, Bitmoji, and SnapBoost. The company was named Snapchat Inc. at its inception, but it was rebranded Snap Inc. on September 24, 2016, to include the Spectacles product under the company name.

MLM vs SNAP — Head-to-Head

Bigger by revenue
SNAP
SNAP
1.5× larger
SNAP
$1.7B
$1.1B
MLM
Growing faster (revenue YoY)
SNAP
SNAP
+40.4% gap
SNAP
10.2%
-30.1%
MLM
Higher net margin
MLM
MLM
21.8% more per $
MLM
24.5%
2.6%
SNAP
More free cash flow
MLM
MLM
$218.4M more FCF
MLM
$424.0M
$205.6M
SNAP
Faster 2-yr revenue CAGR
SNAP
SNAP
Annualised
SNAP
19.9%
-4.5%
MLM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLM
MLM
SNAP
SNAP
Revenue
$1.1B
$1.7B
Net Profit
$279.0M
$45.2M
Gross Margin
35.0%
59.1%
Operating Margin
24.6%
2.9%
Net Margin
24.5%
2.6%
Revenue YoY
-30.1%
10.2%
Net Profit YoY
-4.8%
396.7%
EPS (diluted)
$4.59
$0.03

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
SNAP
SNAP
Q4 25
$1.1B
$1.7B
Q3 25
$1.8B
$1.5B
Q2 25
$1.8B
$1.3B
Q1 25
$1.4B
$1.4B
Q4 24
$1.6B
$1.6B
Q3 24
$1.9B
$1.4B
Q2 24
$1.8B
$1.2B
Q1 24
$1.3B
$1.2B
Net Profit
MLM
MLM
SNAP
SNAP
Q4 25
$279.0M
$45.2M
Q3 25
$414.0M
$-103.5M
Q2 25
$328.0M
$-262.6M
Q1 25
$116.0M
$-139.6M
Q4 24
$293.0M
$9.1M
Q3 24
$363.0M
$-153.2M
Q2 24
$294.0M
$-248.6M
Q1 24
$1.0B
$-305.1M
Gross Margin
MLM
MLM
SNAP
SNAP
Q4 25
35.0%
59.1%
Q3 25
33.1%
55.3%
Q2 25
30.0%
51.4%
Q1 25
24.8%
53.1%
Q4 24
30.0%
56.9%
Q3 24
31.7%
53.5%
Q2 24
29.3%
52.4%
Q1 24
21.7%
51.9%
Operating Margin
MLM
MLM
SNAP
SNAP
Q4 25
24.6%
2.9%
Q3 25
27.4%
-8.5%
Q2 25
25.3%
-19.3%
Q1 25
14.3%
-14.2%
Q4 24
24.4%
-1.7%
Q3 24
25.9%
-12.6%
Q2 24
22.6%
-20.5%
Q1 24
-27.9%
Net Margin
MLM
MLM
SNAP
SNAP
Q4 25
24.5%
2.6%
Q3 25
22.4%
-6.9%
Q2 25
18.1%
-19.5%
Q1 25
8.6%
-10.2%
Q4 24
18.0%
0.6%
Q3 24
19.2%
-11.2%
Q2 24
16.7%
-20.1%
Q1 24
83.5%
-25.5%
EPS (diluted)
MLM
MLM
SNAP
SNAP
Q4 25
$4.59
$0.03
Q3 25
$6.85
$-0.06
Q2 25
$5.43
$-0.16
Q1 25
$1.90
$-0.08
Q4 24
$4.87
$0.01
Q3 24
$5.91
$-0.09
Q2 24
$4.76
$-0.15
Q1 24
$16.87
$-0.19

Balance Sheet & Financial Strength

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

Metric
MLM
MLM
SNAP
SNAP
Cash + ST InvestmentsLiquidity on hand
$67.0M
$2.9B
Total DebtLower is stronger
$5.3B
$3.5B
Stockholders' EquityBook value
$10.0B
$2.3B
Total Assets
$18.7B
$7.7B
Debt / EquityLower = less leverage
0.53×
1.55×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLM
MLM
SNAP
SNAP
Q4 25
$67.0M
$2.9B
Q3 25
$57.0M
$3.0B
Q2 25
$225.0M
$2.9B
Q1 25
$101.0M
$3.2B
Q4 24
$670.0M
$3.4B
Q3 24
$52.0M
$3.2B
Q2 24
$109.0M
$3.1B
Q1 24
$2.6B
$2.9B
Total Debt
MLM
MLM
SNAP
SNAP
Q4 25
$5.3B
$3.5B
Q3 25
$5.5B
$3.5B
Q2 25
$5.4B
$3.6B
Q1 25
$5.4B
$3.6B
Q4 24
$5.4B
$3.6B
Q3 24
$4.0B
$3.6B
Q2 24
$4.3B
$3.6B
Q1 24
$4.3B
$3.3B
Stockholders' Equity
MLM
MLM
SNAP
SNAP
Q4 25
$10.0B
$2.3B
Q3 25
$9.7B
$2.2B
Q2 25
$9.4B
$2.1B
Q1 25
$9.1B
$2.3B
Q4 24
$9.5B
$2.5B
Q3 24
$9.2B
$2.2B
Q2 24
$8.8B
$2.1B
Q1 24
$8.9B
$2.1B
Total Assets
MLM
MLM
SNAP
SNAP
Q4 25
$18.7B
$7.7B
Q3 25
$18.7B
$7.6B
Q2 25
$18.1B
$7.4B
Q1 25
$17.7B
$7.6B
Q4 24
$18.2B
$7.9B
Q3 24
$16.5B
$7.6B
Q2 24
$16.3B
$7.4B
Q1 24
$16.2B
$7.2B
Debt / Equity
MLM
MLM
SNAP
SNAP
Q4 25
0.53×
1.55×
Q3 25
0.57×
1.59×
Q2 25
0.58×
1.73×
Q1 25
0.60×
1.56×
Q4 24
0.57×
1.49×
Q3 24
0.44×
1.65×
Q2 24
0.49×
1.76×
Q1 24
0.49×
1.55×

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
SNAP
SNAP
Operating Cash FlowLast quarter
$629.0M
$269.6M
Free Cash FlowOCF − Capex
$424.0M
$205.6M
FCF MarginFCF / Revenue
37.2%
12.0%
Capex IntensityCapex / Revenue
18.0%
3.7%
Cash ConversionOCF / Net Profit
2.25×
5.96×
TTM Free Cash FlowTrailing 4 quarters
$978.0M
$437.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLM
MLM
SNAP
SNAP
Q4 25
$629.0M
$269.6M
Q3 25
$551.0M
$146.5M
Q2 25
$387.0M
$88.5M
Q1 25
$218.0M
$151.6M
Q4 24
$686.0M
$230.6M
Q3 24
$600.0M
$115.9M
Q2 24
$1.0M
$-21.4M
Q1 24
$172.0M
$88.4M
Free Cash Flow
MLM
MLM
SNAP
SNAP
Q4 25
$424.0M
$205.6M
Q3 25
$361.0M
$93.4M
Q2 25
$208.0M
$23.8M
Q1 25
$-15.0M
$114.4M
Q4 24
$453.0M
$182.4M
Q3 24
$317.0M
$71.8M
Q2 24
$-138.0M
$-73.4M
Q1 24
$-28.0M
$37.9M
FCF Margin
MLM
MLM
SNAP
SNAP
Q4 25
37.2%
12.0%
Q3 25
19.6%
6.2%
Q2 25
11.5%
1.8%
Q1 25
-1.1%
8.4%
Q4 24
27.8%
11.7%
Q3 24
16.8%
5.2%
Q2 24
-7.8%
-5.9%
Q1 24
-2.2%
3.2%
Capex Intensity
MLM
MLM
SNAP
SNAP
Q4 25
18.0%
3.7%
Q3 25
10.3%
3.5%
Q2 25
9.9%
4.8%
Q1 25
17.2%
2.7%
Q4 24
14.3%
3.1%
Q3 24
15.0%
3.2%
Q2 24
7.9%
4.2%
Q1 24
16.0%
4.2%
Cash Conversion
MLM
MLM
SNAP
SNAP
Q4 25
2.25×
5.96×
Q3 25
1.33×
Q2 25
1.18×
Q1 25
1.88×
Q4 24
2.34×
25.34×
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%

SNAP
SNAP

Advertising Revenue$1.5B86%
Other Revenue$231.9M14%

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