Martin Marietta Materials, Inc.
MLM
Rank in Stocks
#811
Martin Marietta Materials, Inc. functions as a company specializing in natural... 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.
Share Price
$502.13
Market Cap
$30.16B
Change (1 day)
0.43%
Change (1 year)
-19.71%
Country
US
Trade Martin Marietta Materials, Inc. (MLM)
Category
Basic Materials
P/E ratio for Martin Marietta Materials, Inc. (MLM)
P/E ratio as of October 2026 TTM: 11.55
According to Martin Marietta Materials, Inc. latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 11.55. At the end of 2023 the company had a P/E ratio of 26.42.
P/E ratio history for Martin Marietta Materials, Inc. from 2000 to 2026
P/E ratio at the end of each year
| Year | P/E Ratio | Change |
|---|---|---|
| 2026 (TTM) | 11.55 | -27.34% |
| 2024 | 15.90 | -39.83% |
| 2023 | 26.42 | 8.78% |
| 2022 | 24.29 | -37.94% |
| 2021 | 39.13 | 59.47% |
| 2020 | 24.54 | -14.09% |
| 2019 | 28.56 | 24.18% |
| 2018 | 23.00 | 18.01% |
| 2017 | 19.49 | -41.16% |
| 2016 | 33.13 | 4.90% |
| 2015 | 31.58 | -21.66% |
| 2014 | 40.31 | 6.01% |
| 2013 | 38.02 | -25.66% |
| 2012 | 51.15 | 22.39% |
| 2011 | 41.79 | -3.37% |
| 2010 | 43.25 | -6.05% |
| 2009 | 46.03 | 102.03% |
| 2008 | 22.79 | 5.86% |
| 2007 | 21.53 | 11.85% |
| 2006 | 19.24 | 3.84% |
| 2005 | 18.53 | -7.44% |
| 2004 | 20.02 | -18.58% |
| 2003 | 24.59 | 41.97% |
| 2002 | 17.32 | -18.22% |
| 2001 | 21.18 | 20.18% |
| 2000 | 17.63 | 0.00% |
P/E ratio for similar companies or competitors
| Company | P/E Ratio | P/E Ratio Difference | Country |
|---|---|---|---|
| - | - |
PH
|
|
| 26.42 | 128.70% |
IE
|
|
| - | - |
CH
|
|
| - | - |
FR
|
|
| 37.31 | 223.00% |
IN
|
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share.
A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.