Martin Marietta Materials, Inc.
Martin Marietta Materials, Inc. (NYSE: MLM) is trading at $479.81, about ₹46,062 at today's USD/INR rate, as of 30 Sep 2026, 4:02 PM ET, up 0.15% today. Indian residents can buy Martin Marietta Materials from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$478.53
Today's high
$485.45
52 week low
$471.88
52 week high
$710.97
MLM opened at $481.44, closed previously at $479.09, and has traded between $471.88 and $710.97 over the past 52 weeks.
About
Martin Marietta Materials, Inc. functions as a company specializing in natural resource-derived building materials. This enterprise delivers a wide range of aggregates and other heavy construction components to the building industry, serving both domestic and international markets. Its product portfolio includes foundational raw materials like crushed stone, sand, and gravel, in addition to manufactured items such as ready-mix concrete, asphalt, and comprehensive paving solutions. These offerings are essential for infrastructure projects, commercial and residential developments, and various other sectors including railroads, agriculture, utilities, and environmental applications. Beyond its core construction offerings, Martin Marietta also produces magnesia-based chemicals, which are utilized in industrial, agricultural, and environmental contexts. The company further supplies dolomitic lime, primarily for steel manufacturing and soil stabilization. Its broader chemical products contribute to areas such as flame retardants, wastewater treatment, and pulp and paper production, among other environmental uses. Established in 1939, the firm's main office is situated in Raleigh, North Carolina.
Key statistics
Avg. volume
669.27K
Market cap
$28.82B
P/E Ratio
11.77
Price-to-sales ratio
4.31
Enterprise value
$42.80B
Free cash flow yield
2.60%
Debt-to-equity ratio
0.52
Return on equity
11.33%
ROIC
6.87%
Beta
1.10
Dividend yield
0.69%
Last dividend
$3.33
Financial overview
Revenue
$6.54B
Earnings per share
$18.85
Free cash flow
$978.00M
Net profit margin
36.81%
Gross margin
28.23%
EBITDA
$2.15B
Revenue growth
0.12%
Similar securities
This is not an investment recommendation
How to buy Martin Marietta Materials from India
Indian residents can buy Martin Marietta Materials shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Martin Marietta Materials and place an order
Find Martin Marietta Materials by name or by its ticker, MLM, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Martin Marietta Materials trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Martin Marietta Materials position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Martin Marietta Materials from India
Trading and taxes when buying Martin Marietta Materials from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Martin Marietta Materials’ current yield is 0.69%.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
Custody. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
FAQs
Can Indian residents buy Martin Marietta Materials stock?
Yes. Martin Marietta Materials (MLM) has been listed on the New York Stock Exchange since 1994, in the Construction Materials industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Martin Marietta Materials share cost in rupees?
One Martin Marietta Materials share is $479.81 — about ₹46,062 at a USD/INR rate of 96.00 on 30 Sep 2026. Both the Martin Marietta Materials price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Martin Marietta Materials from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy Martin Marietta Materials with less than the price of one share?
Yes. A whole Martin Marietta Materials share is $479.81, but there is no minimum trade size: you enter a rupee or dollar amount and receive the matching fraction.
How are gains on Martin Marietta Materials shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Martin Marietta Materials price. Paasa issues a capital-gains statement for your return.
Does Martin Marietta Materials pay a dividend, and how is it taxed in India?
Yes. Martin Marietta Materials pays a dividend and the current yield is 0.69%; the last declared dividend was $3.33 per share, about ₹319.68. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Martin Marietta Materials from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Martin Marietta Materials shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Martin Marietta Materials shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Martin Marietta Materials holding, its cost and its closing value.
How do I sell Martin Marietta Materials and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.