Question 1

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

Accepted Answer

Martin Marietta Materials (MLM) P/E ratio is 13.7× as of June 5, 2026. The ratio is calculated by dividing market capitalisation by trailing twelve-month earnings (net income), using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the P/E ratio calculated?

Accepted Answer

P/E = Share Price ÷ Trailing Twelve-Month (TTM) Diluted EPS, or equivalently Market Capitalisation ÷ TTM Net Income. 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/E ratio?

Accepted Answer

The price-to-earnings (P/E) ratio, also called the earnings multiple, measures how much investors pay per dollar of a company's trailing twelve-month (TTM) earnings. It is calculated as share price ÷ TTM diluted EPS (equivalent to market capitalisation ÷ TTM net income). A higher P/E implies the market is pricing in stronger future earnings growth or lower risk; a lower P/E can signal slower expected growth, higher risk, or potential undervaluation.

Question 4

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

Accepted Answer

There is no universal "good" P/E. As a rule of thumb, the S&P 500 has historically averaged a P/E in the mid-to-high teens; mature, slow-growth businesses commonly trade in the 10–18× range, while high-growth or asset-light companies often trade at 25–50×+. What matters is the comparison to sector peers and to the company's own historical range. For Martin Marietta Materials specifically, the relevant sector benchmark is the current sector median of 21.8×.

Question 5

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

Accepted Answer

Martin Marietta Materials's P/E ratio of 13.7× is below its own 5-year average of 25.6× and below the sector median of 21.8×. That places the current reading at the 1th 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/E ratio range?

Accepted Answer

In the available daily series, Martin Marietta Materials (MLM) P/E ratio has ranged from a low of 12.7× in 2026 to a high of 67.7× in 2014. The 5-year average is 25.6× and the 5-year median is 25.3×.

Question 7

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

Accepted Answer

Martin Marietta Materials (MLM) P/E ratio at the end of 2025 was 33.0×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month earnings figure available at that date.

Question 8

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

Accepted Answer

Valuation multiples move with two inputs: the numerator (market capitalisation, which tracks the share price) and the denominator (earnings). 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	$1.14B	33.0×	+17.2×	Dec 31, 2025
2024	$31.56B	$2.00B	15.8×	-10.6×	Dec 31, 2024
2023	$30.83B	$1.17B	26.4×	+2.2×	Dec 31, 2023
2022	$20.99B	$866.80M	24.2×	-14.9×	Dec 31, 2022
2021	$27.49B	$702.50M	39.1×	+14.6×	Dec 31, 2021
2020	$17.69B	$720.90M	24.5×	-4.0×	Dec 31, 2020
2019	$17.47B	$612.00M	28.5×	+5.6×	Dec 31, 2019
2018	$10.77B	$470.00M	22.9×	+3.4×	Dec 31, 2018
2017	$13.90B	$713.34M	19.5×	-13.5×	Dec 31, 2017
2016	$14.02B	$425.38M	33.0×	+2.0×	Dec 31, 2016
2015	$8.95B	$288.79M	31.0×	-16.7×	Dec 31, 2015
2014	$7.42B	$155.60M	47.7×	+9.6×	Dec 31, 2014
2013	$4.63B	$121.34M	38.1×	-13.1×	Dec 31, 2013
2012	$4.33B	$84.47M	51.2×	+9.4×	Dec 31, 2012
2011	$3.45B	$82.38M	41.8×	-1.5×	Dec 31, 2011
2010	$4.20B	$97.01M	43.3×	-3.7×	Dec 31, 2010
2009	$4.02B	$85.46M	47.0×	+24.2×	Dec 31, 2009
2008	$4.02B	$176.25M	22.8×	+2.0×	Dec 31, 2008
2007	$5.48B	$262.75M	20.9×	+2.0×	Dec 31, 2007
2006	$4.63B	$245.42M	18.9×	+0.6×	Dec 31, 2006
2005	$3.51B	$192.67M	18.2×	-1.3×	Dec 31, 2005
2004	$2.53B	$129.16M	19.6×	-4.7×	Dec 31, 2004
2003	$2.27B	$93.62M	24.2×	+4.2×	Dec 31, 2003
2002	$1.50B	$74.81M	20.0×	-1.4×	Dec 31, 2002
2001	$2.26B	$105.36M	21.5×	—	Dec 31, 2001


Solstice Advanced Materials (SOLS)	113.0×
Corteva (CTVA)	48.4×
Weyerhaeuser (WY)	44.4×
Ecolab (ECL)	35.6×
Linde (LIN)	32.3×
Vulcan Materials (VMC)	32.1×
Freeport-McMoRan (FCX)	31.1×
Air Products and Chemicals (APD)	30.7×
Sherwin-Williams (SHW)	30.3×
Southern Copper (SCCO)	28.4×
H.B. Fuller (FUL)	22.5×
Eastman Chemical (EMN)	21.8×
International Flavors & Fragrances (IFF)	21.8×
RPM International (RPM)	21.8×
Avient (AVNT)	21.1×
Agnico Eagle Mines (AEM)	19.0×
Steel Dynamics (STLD)	19.0×
Nucor (NUE)	16.9×
PPG Industries (PPG)	15.1×
CRH (CRH)	13.9×
Newmont (NEM)	13.9×
CF Industries Holdings (CF)	11.4×
Mosaic (MOS)	11.1×

P/E Ratio for Martin Marietta Materials (MLM)

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

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

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

Martin Marietta Materials P/E Ratio by Year

Martin Marietta Materials P/E Ratio 2025: 33.0×

Martin Marietta Materials P/E Ratio 2024: 15.8×

Martin Marietta Materials P/E Ratio 2023: 26.4×

Martin Marietta Materials P/E Ratio 2022: 24.2×

Martin Marietta Materials P/E Ratio 2021: 39.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

Martin Marietta Materials (MLM) Key Financials

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

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

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

Martin Marietta Materials P/E Ratio by Year

Martin Marietta Materials P/E Ratio 2025: 33.0×

Martin Marietta Materials P/E Ratio 2024: 15.8×

Martin Marietta Materials P/E Ratio 2023: 26.4×

Martin Marietta Materials P/E Ratio 2022: 24.2×

Martin Marietta Materials P/E Ratio 2021: 39.1×

Sector peers by P/E Ratio — chart

Sector peers by P/E Ratio — table

Frequently asked questions

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

+How is the P/E ratio calculated?

+What is the P/E ratio?

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

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

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

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

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

Martin Marietta Materials (MLM) Key Financials