vs

Side-by-side financial comparison of Martin Marietta Materials (MLM) and ZIONS BANCORPORATION, NATIONAL ASSOCIATION (ZION). Click either name above to swap in a different company.

Martin Marietta Materials is the larger business by last-quarter revenue ($1.1B vs $891.0M, roughly 1.3× ZIONS BANCORPORATION, NATIONAL ASSOCIATION). ZIONS BANCORPORATION, NATIONAL ASSOCIATION runs the higher net margin — 29.5% vs 24.5%, a 5.0% gap on every dollar of revenue. On growth, ZIONS BANCORPORATION, NATIONAL ASSOCIATION posted the faster year-over-year revenue change (8.7% vs -30.1%). ZIONS BANCORPORATION, NATIONAL ASSOCIATION produced more free cash flow last quarter ($952.0M vs $424.0M). Over the past eight quarters, ZIONS BANCORPORATION, NATIONAL ASSOCIATION's revenue compounded faster (9.6% 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.

Zions Bancorporation is an American national bank headquartered in Salt Lake City, Utah. It operates as a national bank rather than as a bank holding company and does business under the following seven brands: Zions Bank, Amegy Bank of Texas, California Bank and Trust, National Bank of Arizona, Nevada State Bank, Vectra Bank Colorado, and the Commerce Bank of Washington.

MLM vs ZION — Head-to-Head

Bigger by revenue
MLM
MLM
1.3× larger
MLM
$1.1B
$891.0M
ZION
Growing faster (revenue YoY)
ZION
ZION
+38.8% gap
ZION
8.7%
-30.1%
MLM
Higher net margin
ZION
ZION
5.0% more per $
ZION
29.5%
24.5%
MLM
More free cash flow
ZION
ZION
$528.0M more FCF
ZION
$952.0M
$424.0M
MLM
Faster 2-yr revenue CAGR
ZION
ZION
Annualised
ZION
9.6%
-4.5%
MLM

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
MLM
MLM
ZION
ZION
Revenue
$1.1B
$891.0M
Net Profit
$279.0M
$263.0M
Gross Margin
35.0%
Operating Margin
24.6%
Net Margin
24.5%
29.5%
Revenue YoY
-30.1%
8.7%
Net Profit YoY
-4.8%
21.8%
EPS (diluted)
$4.59
$1.77

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
ZION
ZION
Q4 25
$1.1B
$891.0M
Q3 25
$1.8B
$861.0M
Q2 25
$1.8B
$838.0M
Q1 25
$1.4B
$795.0M
Q4 24
$1.6B
$820.0M
Q3 24
$1.9B
$792.0M
Q2 24
$1.8B
$777.0M
Q1 24
$1.3B
$742.0M
Net Profit
MLM
MLM
ZION
ZION
Q4 25
$279.0M
$263.0M
Q3 25
$414.0M
$222.0M
Q2 25
$328.0M
$244.0M
Q1 25
$116.0M
$170.0M
Q4 24
$293.0M
$216.0M
Q3 24
$363.0M
$214.0M
Q2 24
$294.0M
$201.0M
Q1 24
$1.0B
$153.0M
Gross Margin
MLM
MLM
ZION
ZION
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
ZION
ZION
Q4 25
24.6%
Q3 25
27.4%
Q2 25
25.3%
Q1 25
14.3%
Q4 24
24.4%
Q3 24
25.9%
Q2 24
22.6%
Q1 24
Net Margin
MLM
MLM
ZION
ZION
Q4 25
24.5%
29.5%
Q3 25
22.4%
25.8%
Q2 25
18.1%
29.1%
Q1 25
8.6%
21.4%
Q4 24
18.0%
26.3%
Q3 24
19.2%
27.0%
Q2 24
16.7%
25.9%
Q1 24
83.5%
20.6%
EPS (diluted)
MLM
MLM
ZION
ZION
Q4 25
$4.59
$1.77
Q3 25
$6.85
$1.48
Q2 25
$5.43
$1.63
Q1 25
$1.90
$1.13
Q4 24
$4.87
$1.34
Q3 24
$5.91
$1.37
Q2 24
$4.76
$1.28
Q1 24
$16.87
$0.96

Balance Sheet & Financial Strength

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

Metric
MLM
MLM
ZION
ZION
Cash + ST InvestmentsLiquidity on hand
$67.0M
Total DebtLower is stronger
$5.3B
$1.5B
Stockholders' EquityBook value
$10.0B
$7.2B
Total Assets
$18.7B
$89.0B
Debt / EquityLower = less leverage
0.53×
0.21×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MLM
MLM
ZION
ZION
Q4 25
$67.0M
Q3 25
$57.0M
Q2 25
$225.0M
Q1 25
$101.0M
Q4 24
$670.0M
Q3 24
$52.0M
Q2 24
$109.0M
Q1 24
$2.6B
Total Debt
MLM
MLM
ZION
ZION
Q4 25
$5.3B
$1.5B
Q3 25
$5.5B
$1.5B
Q2 25
$5.4B
$970.0M
Q1 25
$5.4B
$964.0M
Q4 24
$5.4B
$950.0M
Q3 24
$4.0B
$548.0M
Q2 24
$4.3B
$546.0M
Q1 24
$4.3B
$544.0M
Stockholders' Equity
MLM
MLM
ZION
ZION
Q4 25
$10.0B
$7.2B
Q3 25
$9.7B
$6.9B
Q2 25
$9.4B
$6.6B
Q1 25
$9.1B
$6.3B
Q4 24
$9.5B
$6.1B
Q3 24
$9.2B
$6.4B
Q2 24
$8.8B
$6.0B
Q1 24
$8.9B
$5.8B
Total Assets
MLM
MLM
ZION
ZION
Q4 25
$18.7B
$89.0B
Q3 25
$18.7B
$88.5B
Q2 25
$18.1B
$88.9B
Q1 25
$17.7B
$88.0B
Q4 24
$18.2B
$88.8B
Q3 24
$16.5B
$87.0B
Q2 24
$16.3B
$87.6B
Q1 24
$16.2B
$87.1B
Debt / Equity
MLM
MLM
ZION
ZION
Q4 25
0.53×
0.21×
Q3 25
0.57×
0.21×
Q2 25
0.58×
0.15×
Q1 25
0.60×
0.15×
Q4 24
0.57×
0.16×
Q3 24
0.44×
0.09×
Q2 24
0.49×
0.09×
Q1 24
0.49×
0.09×

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
ZION
ZION
Operating Cash FlowLast quarter
$629.0M
$1.1B
Free Cash FlowOCF − Capex
$424.0M
$952.0M
FCF MarginFCF / Revenue
37.2%
106.8%
Capex IntensityCapex / Revenue
18.0%
13.6%
Cash ConversionOCF / Net Profit
2.25×
4.08×
TTM Free Cash FlowTrailing 4 quarters
$978.0M
$1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MLM
MLM
ZION
ZION
Q4 25
$629.0M
$1.1B
Q3 25
$551.0M
$438.0M
Q2 25
$387.0M
$-62.0M
Q1 25
$218.0M
$179.0M
Q4 24
$686.0M
$1.1B
Q3 24
$600.0M
$119.0M
Q2 24
$1.0M
$251.0M
Q1 24
$172.0M
$261.0M
Free Cash Flow
MLM
MLM
ZION
ZION
Q4 25
$424.0M
$952.0M
Q3 25
$361.0M
$413.0M
Q2 25
$208.0M
$-93.0M
Q1 25
$-15.0M
$152.0M
Q4 24
$453.0M
$1.1B
Q3 24
$317.0M
$97.0M
Q2 24
$-138.0M
$234.0M
Q1 24
$-28.0M
$231.0M
FCF Margin
MLM
MLM
ZION
ZION
Q4 25
37.2%
106.8%
Q3 25
19.6%
48.0%
Q2 25
11.5%
-11.1%
Q1 25
-1.1%
19.1%
Q4 24
27.8%
128.2%
Q3 24
16.8%
12.2%
Q2 24
-7.8%
30.1%
Q1 24
-2.2%
31.1%
Capex Intensity
MLM
MLM
ZION
ZION
Q4 25
18.0%
13.6%
Q3 25
10.3%
2.9%
Q2 25
9.9%
3.7%
Q1 25
17.2%
3.4%
Q4 24
14.3%
11.8%
Q3 24
15.0%
2.8%
Q2 24
7.9%
2.2%
Q1 24
16.0%
4.0%
Cash Conversion
MLM
MLM
ZION
ZION
Q4 25
2.25×
4.08×
Q3 25
1.33×
1.97×
Q2 25
1.18×
-0.25×
Q1 25
1.88×
1.05×
Q4 24
2.34×
5.31×
Q3 24
1.65×
0.56×
Q2 24
0.00×
1.25×
Q1 24
0.16×
1.71×

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%

ZION
ZION

Segment breakdown not available.

Related Comparisons