Question 1

What is Martin Marietta Materials's P/FCF ratio?

Accepted Answer

Martin Marietta Materials (MLM) P/FCF ratio is 33.6× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month free cash flow, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/FCF ratio calculated?

Accepted Answer

P/FCF = Market Capitalisation ÷ Trailing Twelve-Month (TTM) Free Cash Flow, where Free Cash Flow = Operating Cash Flow − Capital Expenditures. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the P/FCF ratio?

Accepted Answer

The price-to-free-cash-flow (P/FCF) ratio compares a company's market capitalisation to its trailing twelve-month (TTM) free cash flow. It is calculated as market cap ÷ TTM free cash flow, where free cash flow = operating cash flow − capital expenditures. Because FCF cannot be inflated by non-cash accounting items, P/FCF is often considered a cleaner measure of "earnings-power valuation" than P/E — especially for capital-intensive businesses where depreciation diverges from real cash outflows.

Question 4

What is a good P/FCF ratio for Martin Marietta Materials?

Accepted Answer

Mature companies that consistently convert profit into cash often trade at 15–25× P/FCF; capital-intensive businesses with lumpy capex typically trade lower. Compare against sector peers and against the company's own multi-year average — single-year P/FCF can be distorted by working-capital swings. For Martin Marietta Materials specifically, the relevant sector benchmark is the current sector median of 27.1×.

Question 5

Is Martin Marietta Materials's P/FCF ratio high or low?

Accepted Answer

Martin Marietta Materials's P/FCF ratio of 33.6× is below its own 5-year average of 41.3× and above the sector median of 27.1×. That places the current reading at the 17th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is Martin Marietta Materials's historical P/FCF ratio range?

Accepted Answer

In the available daily series, Martin Marietta Materials (MLM) P/FCF ratio has ranged from a low of 14.5× in 2003 to a high of 112.4× in 2012. The 5-year average is 41.3× and the 5-year median is 38.4×.

Question 7

What was Martin Marietta Materials's P/FCF ratio in 2025?

Accepted Answer

Martin Marietta Materials (MLM) P/FCF ratio at the end of 2025 was 38.4×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month free cash flow figure available at that date.

Question 8

Why does Martin Marietta Materials's P/FCF ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (free cash flow). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$37.55B	$978.00M	38.4×	-13.9×	Dec 31, 2025
2024	$31.56B	$604.00M	52.2×	+17.2×	Dec 31, 2024
2023	$30.83B	$878.70M	35.1×	-6.1×	Dec 31, 2023
2022	$20.99B	$509.40M	41.2×	+2.7×	Dec 31, 2022
2021	$27.49B	$714.60M	38.5×	+12.8×	Dec 31, 2021
2020	$17.69B	$690.40M	25.6×	-4.9×	Dec 31, 2020
2019	$17.47B	$572.60M	30.5×	-2.2×	Dec 31, 2019
2018	$10.77B	$329.19M	32.7×	-23.5×	Dec 31, 2018
2017	$13.90B	$247.28M	56.2×	+9.3×	Dec 31, 2017
2016	$14.02B	$299.03M	46.9×	+11.8×	Dec 31, 2016
2015	$8.95B	$254.92M	35.1×	-14.6×	Dec 31, 2015
2014	$7.42B	$149.47M	49.7×	+19.6×	Dec 31, 2014
2013	$4.63B	$153.72M	30.1×	-30.3×	Dec 31, 2013
2012	$4.33B	$71.67M	60.4×	+27.2×	Dec 31, 2012
2011	$3.45B	$103.73M	33.2×	+1.8×	Dec 31, 2011
2010	$4.20B	$133.89M	31.4×	+9.0×	Dec 31, 2010
2009	$4.02B	$179.14M	22.4×	-23.8×	Dec 31, 2009
2008	$4.02B	$86.94M	46.3×	+4.3×	Dec 31, 2008
2007	$5.48B	$130.65M	41.9×	-22.2×	Dec 31, 2007
2006	$4.63B	$72.22M	64.1×	+27.7×	Dec 31, 2006
2005	$3.51B	$96.38M	36.4×	+12.0×	Dec 31, 2005
2004	$2.53B	$103.40M	24.4×	+9.9×	Dec 31, 2004
2003	$2.27B	$156.53M	14.5×	-15.0×	Dec 31, 2003
2002	$1.50B	$50.88M	29.5×	-9.2×	Dec 31, 2002
2001	$2.26B	$58.56M	38.6×	—	Dec 31, 2001


Nucor (NUE)	74.2×
Air Products and Chemicals (APD)	58.4×
International Flavors & Fragrances (IFF)	46.4×
Linde (LIN)	45.1×
Ecolab (ECL)	40.1×
Steel Dynamics (STLD)	39.2×
Albemarle (ALB)	36.7×
Weyerhaeuser (WY)	34.1×
Southern Copper (SCCO)	33.1×
Vulcan Materials (VMC)	32.2×
Corteva (CTVA)	27.5×
Sherwin-Williams (SHW)	27.1×
RPM International (RPM)	25.2×
H.B. Fuller (FUL)	24.7×
CRH (CRH)	24.4×
Agnico Eagle Mines (AEM)	22.3×
PPG Industries (PPG)	19.5×
Eastman Chemical (EMN)	17.5×
DuPont de Nemours (DD)	17.0×
Avient (AVNT)	16.2×
Freeport-McMoRan (FCX)	13.6×
CF Industries Holdings (CF)	12.4×
Newmont (NEM)	9.6×
LyondellBasell (LYB)	9.3×
Ashland (ASH)	7.6×

P/FCF Ratio for Martin Marietta Materials (MLM)

P/FCF Ratio daily chart for Martin Marietta Materials (MLM)

Historical P/FCF Ratio for Martin Marietta Materials (MLM) from 2001 to 2025

About P/FCF Ratio at Martin Marietta Materials (MLM)

Martin Marietta Materials P/FCF Ratio by Year

Martin Marietta Materials P/FCF Ratio 2025: 38.4×

Martin Marietta Materials P/FCF Ratio 2024: 52.2×

Martin Marietta Materials P/FCF Ratio 2023: 35.1×

Martin Marietta Materials P/FCF Ratio 2022: 41.2×

Martin Marietta Materials P/FCF Ratio 2021: 38.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

Martin Marietta Materials (MLM) Key Financials

P/FCF Ratio daily chart for Martin Marietta Materials (MLM)

Historical P/FCF Ratio for Martin Marietta Materials (MLM) from 2001 to 2025

About P/FCF Ratio at Martin Marietta Materials (MLM)

Martin Marietta Materials P/FCF Ratio by Year

Martin Marietta Materials P/FCF Ratio 2025: 38.4×

Martin Marietta Materials P/FCF Ratio 2024: 52.2×

Martin Marietta Materials P/FCF Ratio 2023: 35.1×

Martin Marietta Materials P/FCF Ratio 2022: 41.2×

Martin Marietta Materials P/FCF Ratio 2021: 38.5×

Sector peers by P/FCF Ratio — chart

Sector peers by P/FCF Ratio — table

Frequently asked questions

+What is Martin Marietta Materials's P/FCF ratio?

+How is the P/FCF ratio calculated?

+What is the P/FCF ratio?

+What is a good P/FCF ratio for Martin Marietta Materials?

+Is Martin Marietta Materials's P/FCF ratio high or low?

+What is Martin Marietta Materials's historical P/FCF ratio range?

+What was Martin Marietta Materials's P/FCF ratio in 2025?

+Why does Martin Marietta Materials's P/FCF ratio change over time?

Martin Marietta Materials (MLM) Key Financials