Hecla Mining (HL) vs Martin Marietta Materials (MLM)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.
Summary
Hecla Mining (HL) has outperformed Martin Marietta Materials (MLM) over the past year, gaining 37.2% versus a loss of 23.9%. Over five years, HL leads with a +193.7% price change compared with +31.0% for MLM. Martin Marietta Materials is the larger company by market cap ($34.02 billion vs $11.01 billion), about 3.1 times the size, while Hecla Mining is growing revenue faster (+53.0% vs +8.6%).
On valuation, Hecla Mining trades at a lower forward P/E (15.9x vs 21.7x for Martin Marietta Materials). Martin Marietta Materials offers the higher dividend yield (0.69% vs 0.09%). Hecla Mining converts more of its revenue into profit, with a net margin of 22.6% versus 18.5%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | HL | MLM |
|---|---|---|
| Share price | $16.39 | $479.01 |
| Market cap | $11.01B | $34.02B |
| 1-day change | -4.15% | -2.04% |
| YTD return | -14.59% | -23.07% |
| 1-year return | +37.15% | -23.92% |
| 5-year return | +193.73% | +30.96% |
| P/E ratio (TTM) | 21.29 | 31.79 |
| Forward P/E | 15.87 | 21.74 |
| EPS (TTM) | $0.77 | $15.07 |
| Dividend yield | 0.09% | 0.69% |
| Annual dividend | $0.015 | $3.32 |
| Revenue (latest FY) | $1.42B | $6.15B |
| Revenue growth (YoY) | +53.03% | +8.62% |
| Net income (latest FY) | $321.71M | $1.14B |
| Gross margin | 43.72% | 30.72% |
| Operating margin | 36.18% | 23.37% |
| Net margin | 22.61% | 18.49% |
| 52-week high | $34.17 | $710.97 |
| 52-week low | $11.81 | $470.19 |
| Distance from 52-week high | -52.03% | -32.63% |
| Analyst consensus | buy | buy |
| Avg. price target upside | +40.82% | +33.84% |
| Average volume | 37.75M | 691.08K |
| Shares outstanding | 671.77M | 71.02M |
| Employees | 1,865 | 9,600 |
| Sector | Industrials | Industrials |
| Industry | Mining & Quarrying of Nonmetallic Minerals (No Fuels) | Mining & Quarrying of Nonmetallic Minerals (No Fuels) |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Martin Marietta Materials is about 3.1 times larger than Hecla Mining by market value ($34.02B vs $11.01B).
- HL has outperformed MLM by 61.1 percentage points over the past year.
- Martin Marietta Materials trades at a higher earnings multiple (31.8x vs 21.3x trailing P/E).
- Hecla Mining grew revenue faster in its latest fiscal year (+53.03% vs +8.62%).
About Hecla Mining
HL stock →Hecla Mining Company, together with its subsidiaries, provides precious and base metals in the United States, Canada, Japan, Korea, China, and internationally. The company mines for silver, gold, lead, and zinc concentrates, as well as carbon material containing silver and gold for custom smelters, metal traders, and third-party processors; and unrefined doré containing silver and gold.
Industrials · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · 1,865 employees
About Martin Marietta Materials
MLM stock →Martin Marietta Materials, Inc., a natural resource-based building materials company, supplies aggregates and heavy-side building materials to the construction industry in the United States and internationally. It operates through East Group and West Group segments.
Industrials · Mining & Quarrying of Nonmetallic Minerals (No Fuels) · 9,600 employees
HL vs MLM FAQ
Which is bigger, Hecla Mining or Martin Marietta Materials?
Martin Marietta Materials (MLM) is larger, with a market capitalization of $34.02B compared with $11.01B for Hecla Mining (HL).
Which stock has performed better over the past year, HL or MLM?
HL returned +37.15% over the past 12 months, compared with -23.92% for MLM (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, HL or MLM?
HL has the lower trailing P/E at 21.3, versus 31.8 for MLM. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Hecla Mining or Martin Marietta Materials?
Martin Marietta Materials has the higher yield at 0.69%, compared with 0.09% for Hecla Mining.
Are Hecla Mining and Martin Marietta Materials in the same industry?
Yes. Both are classified in the Mining & Quarrying of Nonmetallic Minerals (No Fuels) industry within the Industrials sector.